Sniper - InstaForex

Every week, InstaForex hands out $1,500 in prize money to traders who perform best on a demo account. The contest is called Sniper, it runs from Monday morning to Friday night, and it's completely free to enter. No deposit required, no strings attached just register, get a $10,000 demo account, trade, and see where you finish.

With 738 participants active in the current round and a consistent prize pool running every single week, the Sniper contest has built a genuine community of competitive demo traders. The next round runs from 15 to 19 June 2026. Registration is already open.

InstaForex Sniper Contest at a Glance

Prize Pool Track Record

The Sniper contest has been paying out consistently. Here's what the recent monthly prize totals look like — keep in mind these figures represent the combined prize pools across all weekly rounds within each month.

The monthly totals vary because the number of weekly rounds per month isn't always the same, but the $1,500 weekly prize pool is consistent across every individual round.

How to Enter the Sniper Contest?

1. Visit instaforex.com/contest_forex_sniper and click the Participate button.
2. Fill in the registration form with your first name, last name, middle name, nickname (in Latin letters), email, country, city, and phone number.
3. Submit your registration your details must match your identity document exactly, as per contest terms.
4. Once the contest round begins on Monday at 00:00 terminal time, your $10,000 demo account is live and ready to trade.
5. Trade through the week, aiming to build the highest balance possible by Friday 23:59.
6. Results are tallied and published on Saturday at 12:00 GMT+3.

You can register for the next upcoming round at any point during the week preceding it. Registration closes exactly one hour before the contest start time, so don't leave it to the last minute on Sunday night.

What Are the Trading Conditions Inside the Contest?

Every participant starts with the same $10,000 demo balance — no one gets an advantage from having a bigger account. The leverage is fixed at 1:500 for all participants, which gives you significant flexibility in how you size your trades. The minimum trade size is 0.01 lot and the maximum is 1 lot, so the contest is accessible whether you prefer cautious, small-position trading or more aggressive sizing.

The trading platform is MetaTrader and swap-free accounts are available, as shown in the current leaderboard where the majority of top-ranked traders are operating on swap-free terms. The contest account functions like a standard demo environment — what you're competing on is pure trading performance within the week.

How the Current Round is Looking?

To give you a sense of the competition level, here's a snapshot of the top of the current round's leaderboard as of the latest update. The leader at the time of writing has grown a $10,000 starting balance to $11,022.68 — a gain of just over 10% in the first few days of the week.

738 traders are currently registered for this round. The full leaderboard is visible on the contest page in real time.

Other InstaForex Contests Running Alongside Sniper

Sniper is just one of several contests InstaForex runs simultaneously. If the Sniper format doesn't suit your style, there are alternatives worth knowing about. The FX-1 Rally is another weekly contest with a $1,500 prize pool, this time awarding the traders with the largest demo account balances.

Lucky Trader runs every two weeks with a $3,000 prize pool based on demo account ratings. Real Scalping is a monthly contest with a $6,000 pool rewarding the biggest demo account deposits. The Great Race runs across four rounds throughout the year with a $55,000 total prize pool.

For traders who prefer competing for physical prizes, InstaForex also runs the Trade Wise Win Device campaign where participants can win iPhones, iPads, and Samsung devices, and the Grand Choice contest, where the winner can choose one of five luxury cars as the prize.

Is the Sniper Contest Worth Entering?

For any trader with an InstaForex account, the Sniper contest is a no-brainer. It costs nothing, it runs every week, and it gives you a structured competitive environment to test your demo trading without risking real funds. The $1,500 weekly prize pool is genuine cash paid out to top performers every single round.

Even if you don't finish in the prize positions, the contest is a useful weekly discipline a fixed timeframe, a fixed balance, and a leaderboard to benchmark yourself against 700+ other traders. That kind of consistent practice in a competitive context is hard to find for free anywhere else. With the next round starting 15 June 2026, there's no reason to wait.