TMGM’s October–November 2026 Demo Trading Competition gives eligible traders an opportunity to test their strategies on a competition-issued MT5 demo account while competing for a prize pool advertised at up to US$5,000. The starting balance is US$100,000 in virtual funds, so the leaderboard is based on simulated equity performance rather than profit earned from a funded contest account.
Competition at a glance
- Registration: October 19–November 8, 2026.
- Trading competition: October 19–November 22, 2026.
- Prizes: First US$2,000; second US$1,000; third US$800; fourth US$600; fifth through tenth US$100 each, subject to final results.
- Platform: New TMGM-issued MT5 competition demo account; existing demo accounts and MT4 demo accounts are not eligible.
- Starting virtual equity: US$100,000 per entry; up to five demo entries per participant.
- Eligibility: Eligible TMGM customers outside Australia and the UK; at least one activated MT4/MT5 portal account is required.
Important qualifying conditions
A competitive equity return alone is insufficient. Accounts must complete at least 50 effective standard lots and meet the minimum trading-time requirement: hold a position for at least ten trading days or trade daily for ten consecutive trading days. Forex and bullion count 1:1 toward effective volume; eligible index, crude-oil and crypto contracts use a 10:1 conversion. Share CFD volume is excluded from the requirement.
Manipulative hedging, prohibited arbitrage and other rule violations can cause disqualification. Prizes are conditional, and real-money trading carries risk even though the competition itself uses demo funds.
For a full explanation of the return calculation, qualifying volume and trading-time rules, risk management considerations and a practical preparation checklist, follow the linked editorial guide on this website.
Checked: October 21, 2026. This is an independent promotion summary, not a guarantee of availability or winnings. Verify updated terms and your jurisdiction with TMGM before applying. Affiliate disclosure: qualifying referrals may generate a commission.