Last month, the Forex broker Headway launched the DEMOcracy Contest, an innovative demo contest dedicated to the U.S. presidential election. Now that the results of the election are known, Headway finally reveals the winners of its unique competition.
Explore: On the surface, the DEMOcracy Contest rules were simple: traders were invited to use a demo account and fight for a place in the top 10. All winners were set to receive their share of $5,000 as the main prize.
However, Headway decided to add an interesting twist. After joining the contest, participants got to choose their candidate – Donald Trump or Kamala Harris. In the end, the winners who correctly guessed the election winner would receive a 50% bonus on their winnings, increasing the total potential prize pool to $7,500.
Trump or Harris: How did Headway traders vote?
Once the U.S. election results were announced, Headway shared the list of the top 10 traders in the DEMOcracy Contest. Out of tens of thousands of participants, over 77% — including eight winners — chose Team Trump.
Since the Republican candidate won the presidential race, the eight winners also received a 50% bonus. Here is the final breakdown of Headway’s DEMOcracy Contest:
“The month leading up to the election, we made sure to provide our clients with the latest market insight on the presidential race,” says Dmitrij Molina, Headway’s market analyst. “It’s rewarding to see that it helped our clients analyze the U.S. political and economic landscapes and make the right choice.”
Ultimately, Headway awarded $7,350 out of the total $7,500 prize pool, making the DEMOcracy Contest one of the most rewarding demo contests for traders.
With the DEMOcracy Contest concluded, Headway urges traders to stay tuned. The broker will soon be launching new demo contests with unique trading conditions and exciting prizes.
Follow Headway’s social media accounts and be the first to learn about upcoming demo contests.
Headway is an international Forex broker offering 500+ trading instruments and a wide range of services to traders of all experience levels. The trading conditions include: Swap Free accounts, local trading instruments, micro lots, unlimited leverage, and a minimum deposit of $1. For more information, visit https://hw-idn.com/.
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Ivan Moroz, PR Manager