The Profit Leaders contest by HF Markets (HFM) is a competitive trading event designed for traders who want to test their skills in real market conditions while competing for cash prizes. In this article, we’ll explain how the contest works, who can participate, and what you should consider before joining.
What Is the HF Markets Profit Leaders Contest?
The Profit Leaders contest is a live trading competition where participants aim to achieve the highest net profit (P&L in USD) over a predefined period. Unlike percentage-based contests, this competition ranks traders purely on absolute profit, making it especially attractive for traders with solid risk management and consistent strategies.
More information on the broker HFM and its online brokerage services in the following analysis: HF Markets Broker Review
Key Features of the Profit Leaders Contest
Here are the main characteristics of the competition:
- Broker: HF Markets (HFM, formerly HotForex)
- Contest Name: Profit Leaders
- Trading Platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
- Account Type: Live trading account (bonus-only accounts are usually excluded)
- Ranking Criteria: Highest closed net profit (P&L) in USD
In other words, the winners will be the traders with the highest performance during the competition period.
Prize Pool
The Profit Leaders contest offers a total prize pool of $6,500, distributed as follows:
- 1st Place: $5,000
- 2nd Place: $1,000
- 3rd Place: $500
These prizes are awarded to the top three traders at the end of the competition period.
Who Can Participate?
The contest is available to traders from many regions, including Latin America, Africa, and the Middle East. However, traders from Europe and the United States are not allowed to register or participate in this or other HF Markets contests due to regulatory resources..
To participate, traders must:
- Have a fully verified HF Markets account
- Register for the contest within the allowed registration period
- Trade on eligible live accounts under standard HF Markets conditions
For example, the participant can open a Premium account, a Zero account, a Cent account, and a Pro account, deposit funds, and start trading any instrument offered by the broker on its platform.
How Does the Contest Work?
- Traders place real trades during the contest period.
- Only closed trades are counted toward the final profit calculation.
- Rankings are updated based on net profit in USD, not percentage return.
- At the end of the contest, the traders with the highest profits win the prizes.
This format rewards disciplined trading and consistency rather than extreme risk-taking—although competition can still be intense.
Other Trading Competitions at HF Markets
In addition to Profit Leaders, HF Markets regularly organizes other contests and promotions, such as:
- Traders Awards: A monthly competition where the trader with the highest performance (often percentage-based) wins cash prizes and recognition.
- Demo Trading Contests: Events using virtual funds that allow traders to compete without risking real capital.
- Seasonal Challenges: Special promotions like summer or holiday trading challenges with larger prize pools.
Each promotion has its own rules, eligibility criteria, and rewards.
Final Thoughts
The HF Markets Profit Leaders contest is an interesting opportunity for traders who are confident in their strategies and want to compete in a real trading environment. However, as with any competition, it’s essential to read the official terms and conditions carefully before participating.
Remember: contests should never replace proper risk management. Trade responsibly, and only risk capital you can afford to lose.
You can obtain more information on this competition and register for free through the website of HF Markets:
