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Some are free, especially demo contests, while others may require a registration fee or minimum deposit.
Some prizes come with conditions, like withdrawal limits or usage for trading only. Always check contest rules.
Yes, demo contests are perfect for practice without financial risk. Live contests may suit experienced traders better.
Prizes range from cash, trading credits, gadgets, to funded accounts. It depends on the broker hosting the contest.
For demo contests, no live account is needed. For live contests, you’ll typically need a funded account.