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Jun 7, 2013

OctaFX Champion Demo Contest winners announced!

Dear traders!

Today we congratulate the winners of the 14th round OctaFX Champion Demo Contest. It was a special round! As you know, OctaFX cancelled the unlucky numbers! We skipped the round 13 and went straight to the 14th round. Perhaps that made a contribution to our winners’ performance.

OctaFX Forex Championship
  • 1st prize, 500 USD, goes to Mr. Didi Purwoko

  • 2nd prize, 300 USD, to his real account for Mr. Arif Hossain

  • 3rd prize, 100 USD, goes to Mr. Ammar Alnumairi

  • Another 100 USD receives Ms. Cut Aminah for coming last!

    • We interviewed our winners. We publish their answers here and hope that you’ll find them useful.


    What is the key factor of your success? Why are you better than everyone else?


      Didi Purwoko, 1st prize: Patience and discipline. I always wait until the market reaches its daily maximum volume (usually after the price is the highest) and take my opportunity to enter the market.
      Arif Hossain, 2nd prize: Patience is the key of my success. I just followed the trend and placed my trades accordingly. And I suggest all Bangladeshi traders to trade with patience.
      Ammar Alnumairi, 3rd prize: The key of my success is hard work. I learn from my mistakes and the mistakes of others.
      Cut Aminah, last place: Discipline. I believe in myself more than in anyone else.

    Which is better, EA or manual trading?

      Didi Purwoko, 1st prize: Manual trading. You need to work on patience and discipline.
      Ammar Alnumairi, 3rd prize: I prefer EAs to manual trading.
      Cut Aminah, last place: Manual trading is more profitable for me. I have my own trading strategies. I think that EAs are only useful for those who don’t have much experience.

    What trading tools are most preferred by you? Majors or exotic, and why?

      Didi Purwoko, 1st prize: Majors. Analysis is easier to do.
      Arif Hossain, 2nd prize: Majors, because they quite easy to predict.
      Ammar Alnumairi, 3rd prize: I prefer majors, because I can get a good profit in a short time.

    How long does it take to become a good trader?

      Didi Purwoko, 1st prize: It took me half a year to develop my trading style.
      Arif Hossain, 2nd prize: I think it take minimum 4 years to become proficient enough. Every day I learn something new about forex trading and I learn from my mistakes.
      Ammar Alnumairi, 3rd prize: It takes about six months.
      Cut Aminah, last place: 7-10 years

    We thank our winners for sharing their experience! We would like to remind you that the 15th round of OctaFX Champion contest is in progress. Round 16 starts on the 1st of July, don’t miss a chance to register! Participate and win your share of the prize pool!

    Promotions & Contests Success story
    May 31, 2013

    OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013

    This year we have received two prestigious awards “Best Broker Central Asia” and “Best Broker Central and Eastern Europe” at the World Finance Awards.
    Read more Previous
    Jul 4, 2013

    Success stories from Round 15 winners revealed!

    OctaFX congratulates Round 15 winners! As usual, we publish short interviews with the winners.
    Read more Next