Headway Mzansi Trading Kings Demo Contest 2026, $2,700 Prize Pool 

Headway's Mzansi Trading Kings demo contest is a free trading competition for South African traders. It runs from May 11 to May 22, 2026, and the total prize pool is $2,700. Headway is regulated by the FSCA, and the contest takes place on MT5 with ZAR 200,000 in virtual funds.

You can trade without risking real money, which makes it a simple way to test your strategy. Traders compete across all available instruments, with leverage up to 1:500. Prizes include tech items and cash, and no deposit is needed to join.

Quick Facts

Item	Details
Total Prize Pool	$2,700 USD
1st Place Prize	iPhone 17 Pro
Account Type	Virtual Funds
Starting Balance	ZAR 200,000
Contest Duration	May 11 to May 22, 2026
Platform	MetaTrader 5
Prize Payout	Tech devices and cash

Enter This Demo Contest

RISK-FREE CONTEST, WIN REAL PRIZES

Valid until 22 May 2026 • 17d 03h 20m 59s remaining

Terms and conditions apply. This may be an affiliate link.

How to Enter Headway's Demo Contest

1. Register, go to the Headway website and create a trading account.
2. Verify your identity by sending the required documents.
3. Join the contest, open the Promotions section and sign up for Mzansi Trading Kings.
4. Trade, log in to MT5, use your ZAR 200,000 demo balance, and start trading.

Terms and Conditions

• The contest runs from May 11 to May 22, 2026, from 13:00 MT time on both dates.
• Registration opens on May 4 and closes at the end of the contest on May 22.
• Every participant gets the same starting virtual balance of ZAR 200,000.
• Rankings are based on profit percentage on the daily leaderboard.
• The top 10 traders get prizes, and places four through ten receive $50 cash each.
• The contest is open to South African residents only, and other countries may be restricted.
• Trading happens on the MT5 platform, with leverage up to 1:500.
• Each person can use only one account. Duplicate or fake accounts are disqualified.

What Is Headway's Mzansi Trading Kings Demo Contest?

Headway's Mzansi Trading Kings demo contest is a trading challenge built around demo funds. It gives traders a chance to compete for real prizes while using a virtual account.

Prize Distribution for the Top 10 Traders

Headway gives the $2,700 prize pool to the 10 best traders. First place wins an iPhone 17 Pro, second place gets an Apple Watch Series 10, and third place receives AirPods 4. Traders in fourth through tenth place each get $50 in withdrawable cash.

Account Setup and Contest Dates

Registration starts on May 4, 2026. Trading begins on May 11 at 13:00 MT time with ZAR 200,000 in virtual funds on MT5. The contest ends on May 22 at 13:00 MT time, when the final leaderboard is released.

Trading Conditions and Leverage

Headway offers leverage up to 1:500 on all tradeable instruments in the contest. Since the contest uses demo funds only, any profit or loss stays virtual.

Why Enter Headway's Demo Contest?

1. You can trade with no financial risk. The ZAR 200,000 balance is virtual, so you do not lose real money. If you place high enough, you can still win real prizes like an iPhone 17 Pro or cash.
2. It gives you room to test your trading approach. Many South African traders face deposit barriers. This contest removes that issue because you get a funded demo account for 12 days.
3. The broker is regulated. Headway is regulated by the FSCA, so prize distribution comes from a licensed provider that operates under South African rules.

Pros and Cons

Pros

• No deposit is needed to enter.
• The $2,700 prize pool includes strong top prizes.
• FSCA regulation adds trust.
• Leverage up to 1:500 increases trading flexibility.
• All instruments are available on demo funds.

Cons

• It is open to South Africa residents only.
• The top prizes are physical items, not cash.

Broker at a Glance

Item	Details
Regulation	FSCA License 52108
Contest Prize Pool	$2,700 USD
Account Type	Virtual Funds
Platform	MT5
Min Deposit/Entry	None
Contest Duration	May 11 to May 22, 2026, 12 days
Ranking Method	Profit percentage
Max Leverage	1:500

Frequently Asked Questions

Trading forex and CFDs with high leverage, such as 1:500, carries a high risk of loss. This contest uses demo funds, but real trading with the same leverage can lead to a full account loss. Make sure you understand leverage and risk control before you trade with real money.