Valetax is starting the festive season with its first Jacklot Global Forex Trading Contest, a 10-day promotion where traders can compete for a share of a prize pool that grows as overall trading volume increases. The contest runs from December 1 to December 10, and it offers three separate routes to a prize, so traders of different sizes have a chance to take part.
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This guide walks through how the contest works, who qualifies, how to join step by step and how to approach the ten days without losing sight of risk. The rules below follow the conditions published for the promotion.
How the Valetax Jacklot Contest Works
The contest is built around three ways to win. You do not have to choose one of them. Every eligible trader can benefit from the lucky draw, while the leaderboard and streak bonus reward different styles of trading. Understanding each route will help you decide how to approach the ten days.
Leaderboard Rewards
The leaderboard rewards traders who trade higher lot volumes. The more you trade, the higher you can move up the rankings. This route suits high-volume traders who already trade actively and want their activity to count toward a competitive position.
Community Lucky Draw
Every eligible trader is entered into a random prize draw. Because the draw is random, it does not depend on how much you trade compared with other participants. It gives smaller and less frequent traders a straightforward way to be included, as long as they meet the eligibility conditions.
Streak Bonus
The streak bonus rewards consistency. Trade on at least three different days during the contest to unlock an extra prize chance. Spreading your activity across the ten days can be a practical approach if you prefer steady participation over one or two heavy sessions.
Who Can Take Part
Before you plan your trading, confirm that you meet all three eligibility conditions. The contest is open only to traders who meet the following requirements:
- A minimum deposit of USD 100
- A minimum trading volume of 1 lot
- An account type of Standard or Booster only
Note that the broker’s general minimum deposit is lower than the contest requirement. If you are opening or funding an account specifically for the contest, plan for the USD 100 contest minimum rather than the standard entry deposit.
Step-by-Step: How to Join and Compete
Joining the contest is a matter of preparing your account and trading with the rules in mind. Work through these steps early, so that you are not rushing to meet the conditions in the final days.
- Check your account type. Only Standard and Booster accounts qualify. If you use another account type, review your options before December 1.
- Fund your account. Make sure your deposit meets the USD 100 minimum. Valetax supports several funding methods, so choose one that you already use and understand.
- Plan your trading volume. Reach the minimum trading volume of 1 lot. Check the promotion terms for how volume is counted, whether per trade or across the contest period.
- Trade on at least three different days. Schedule your sessions across the contest window so that the streak bonus is not missed.
- Monitor your position. If you are aiming for the leaderboard, check your ranking regularly and keep track of your lot volume.
A simple calendar note for each trading day can help you keep count of the three-day requirement and your running volume.
Practical Tips for Trading the Contest
A contest can encourage you to trade more than you planned. The most important habit is to keep your normal risk rules in place, even when prizes are on the table. Higher volume means higher exposure, and a contest does not change how markets move.
Consider these points before you start:
- Set a maximum loss per day and per week, and stick to it.
- Calculate position sizes based on your account balance, not on the prize you want to win.
- Use the three-day requirement to build a routine, rather than trading out of impulse.
- Keep a record of your trades so you can review your results after the contest ends.
If you are new to lot sizes and leverage, it helps to learn the basics first. Investopedia offers general educational material on forex concepts that can support your understanding. For a deeper look at managing exposure, read our guide on forex risk management, position sizing, stops and leverage.
Valetax at a Glance
Valetax is an international forex and CFD broker that offers Standard and Booster accounts, with a strong focus on bonuses, promotions and trading contests. The table below summarises the key broker details published for Valetax.
| Feature | Details |
|---|---|
| Founded | 2019 |
| Registered country | St Vincent and the Grenadines |
| Trading platforms | MetaTrader 5 and MetaTrader 4 (desktop, WebTerminal, Android, iOS, MacOS) |
| Maximum leverage | Up to 1:2000* |
| Minimum deposit | $1 (the contest requires USD 100) |
| Base currencies | EUR, USD, GBP, SEK, DKK, ZAR, NOK, PLN, AUD, AED, CZK and others |
| Minimum spreads | From 0.0 pips |
| Contact email | info@valetax.com |
Valetax accepts many funding methods, including credit and debit cards, Neteller, Skrill, Perfect Money, Bitcoin, Pix and several local payment options. For more information about Valetax and its latest deals, you can visit the broker profile and promotion pages on Forex Penguin.
The head office is located at Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, St Vincent and the Grenadines. Leverage marked with an asterisk is subject to the broker’s conditions, so review those terms before choosing a leverage level.
Other Ways to Explore Valetax Promotions
If you want to compare Valetax with other offers, start with its trading contests and no-deposit promotions. Our overview of the Valetax $30 no deposit bonus explains how that offer is structured. You can also browse the forex contests category to see other competitions running across brokers.
Whichever promotion you choose, read the terms carefully. Eligibility rules, minimum deposits, account types and volume requirements differ between offers, and a promotion that suits one trader may not suit another.
Final Thoughts
The Valetax Jacklot Global Forex Trading Contest offers a clear structure: a leaderboard for high-volume traders, a lucky draw open to every eligible participant and a streak bonus for consistent activity. The December 1 to December 10 window is short, so preparation matters.
Confirm your account type, meet the USD 100 deposit and 1 lot volume requirements, and plan your trading days in advance. Above all, keep your risk under control, because a contest should never replace sound trading discipline.
FAQ
When does the Valetax Jacklot Global Forex Trading Contest run?
The contest runs for 10 days, from December 1 to December 10. Check the official promotion terms for any time zone or cut-off details.
Which Valetax accounts are eligible?
Only Standard and Booster account holders can take part. Traders on other account types do not qualify under the published conditions.
How much do I need to deposit to join the contest?
The contest requires a minimum deposit of USD 100, even though Valetax’s general minimum deposit is lower. You also need to reach a minimum trading volume of 1 lot.
How can I unlock the streak bonus?
Trade on at least three different days during the contest period. This gives you an extra prize chance on top of the leaderboard and lucky draw.
Is the lucky draw based on trading volume?
No. Every eligible trader is entered into a random prize draw, so the lucky draw does not depend on your ranking or how much you trade compared with others.
