XBACKCashback for Traders
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HFM Demo Contest "Virtual to Real"

A monthly demo account contest with trading bonuses of 2,000 / 1,000 / 500 USD for the top 3

Period
Ongoing (1st to end of each month, server time)
Updated
2026-10-28

Compete on monthly return on a risk-free demo account, and the top 3 win trading bonuses of 2,000 USD, 1,000 USD and 500 USD. The bonus is credited to a live account as credit.

Registration and the trading period run from 00:01 on the 1st of each month to 23:59 at the end of the month (server time), and you can register at any time during the period. New and existing clients are eligible.

Eligibility

  • New and existing clients aged 18 or over who hold a trading account with HFM and whose identity verification is fully approved (partial approval is not enough to participate)
  • Residents of China and Bangladesh are not eligible
  • One account per person. Multiple entries from the same IP address are not allowed
  • People who have previously won in other HFM contests, and people connected to them, are not eligible for the prizes

Key conditions

  • Participate with a dedicated contest demo account. Starting virtual funds of 10,000 USD and fixed leverage of 1:200
  • Ranking is decided by return ((ending balance − starting balance) ÷ starting balance × 100), and negative returns are treated as 0%. All open positions are closed at the end of the month
  • Prizes: 1st place 2,000 USD, 2nd place 1,000 USD, 3rd place 500 USD (monthly prize pool of 3,500 USD), credited to a live account as credit
  • The prize credit itself cannot be withdrawn. Profits can be withdrawn once you meet 50 or more round-trip trades and a total of 10 or more standard lots (only one withdrawal request is allowed)
  • If the account that received the prize is inactive for 60 days, HFM may cancel the prize and profits

How to join

  1. 1

    Prepare a verified account

    If you do not have an account, open one and complete identity verification in full.

  2. 2

    Register on the contest page

    Register for that month's contest on the official demo contest page. You register once per month.

  3. 3

    Trade on the demo account

    Compete on return until the end of the month. The results of the top 10 are published on the official page once a day.

  4. 4

    Receive your prize if you place

    If you have an approved wallet, the trading bonus is credited to your live account.

Notes

HFM's English campaign page includes a note saying it is not intended for residents of Japan. The same promotion is also listed on HFM's official Japanese site, but check HFM's official guidance when opening an account to see whether it is available in your country of residence.
The prize is not cash but a trading bonus (credit) placed in your live account. The credit cannot be withdrawn, and withdrawing profits also requires meeting trade count and lot conditions
All demo accounts are archived at the end of the month. To take part the following month, open a new contest demo account
Trading prohibited by HFM's client agreement (such as arbitrage) is grounds for disqualification
The terms do not say whether this can be combined with XB cashback (IB rebate). Check with HFM support before participating

FAQ about HFM Demo Contest "Virtual to Real"

Q.Do I need to make a deposit to participate?

No. The contest is held on a demo account, and the official page says there is no financial risk. However, you need a trading account whose identity verification is fully approved.

Q.Can I withdraw the prize as cash?

No. The prize is a trading bonus credited to a live account, and the credit itself cannot be withdrawn. Profits can be withdrawn after 50 or more round-trip trades and a total of 10 or more standard lots.

Q.Which instruments can I trade?

The official FAQ says you can trade FX, metals, energies, bonds, European stocks, and spot or futures stock indices.

Sources

Promotions are defined by each broker, not by XBack. Bonuses carry withdrawal conditions and cancellation clauses. Trading offshore FX and CFDs involves the risk of losses exceeding your deposit.