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Trading Championship with Prize Pool of $20,000 Launched - Forex Broker Armada Markets Raises Industry Standards

May 1, 2014

(PRWEB) May 01, 2014

Armada Markets, a leading spot Forex and spot metals ECN broker in Northern Europe launched today a global Forex trading championship the Armada Demo Cup 2014 with a total prize pool of $20,000. Each participant is given a $10,000 demo account and allowed to trade freely, either manually or with EAs and algorithms.

For the first time in Forex industry, the participants are allowed to use all available trading styles including news trading, scalping, arbitrage and many more. The prizes will be paid out in real money, with no restrictions attached.

The highlights of Armada Demo Cup include:

Prize pool of $20,000, with the main prize of $5,000

The championship will have 5 qualifying rounds

The top 10 players of each of the 5 rounds will get cash prizes, up to $1,000 and an invitation to the Final

The Final will be held in November 2014

Almost 4,500 traders from more than 110 countries have already pre-registered for the Armada Demo Cup 2014

The participants will be equipped with risk-free $10,000 demo accounts in Armada's London server park and will experience one of the best Forex trading environments in the world

Ingmar Mattus, Armada Markets CEO said: "We are pleased to launch our very first and long-awaited demo competition especially in a trading environment where volatility has recently started to pick up and will ultimately result in many potentially profitable trading opportunities. We are proud to be able to offer our winners cash prizes which have no restrictions nor limitations attached and as such makes this competition a very attractive one for everybody who is interested to test his/her trading skills."

Illimar Mattus, Armada Markets CFO said: "Due to our high quality trading environment with low spreads and commissions, ultra-fast trade execution speed and no trading restrictions, we have been able to attract a lot of professional spot Forex traders from more than 140 countries globally. The Armada Demo Cup 2014 is the venue where these professional traders can anonymously compete with each other for real money prizes and determine who is the best trader of 2014. At the same time traders who have no previous experience with us can see the positive influence of our service quality on profitability."

Find out more and register for Armada Demo Cup 2014 here.

Notes to Media

About Armada Markets AS (Armada Markets)

With its headquarters in Tallinn, Estonia, Armada Markets provides online spot Forex trading services to professional retail and institutional clients in close to 140 countries. Armada Markets focuses on providing one of the most competitive spot Forex trading conditions in the world with ultra-low spreads and high quality trade execution. Armada Markets is proud to serve its clients 24/7 in 9 major languages.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for everybody.

For more information please visit or by phone on +372 686 3163.

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Source: PR Web

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