We are delighted to announce an engaging trading competition that offers both challenge and reward for our esteemed clients. Whether an experienced trader or a novice, this contest provides a distinctive chance to demonstrate your abilities and potentially secure impressive prizes. Please continue reading for comprehensive information on how to take part.
Contest Main Terms and Conditions
Registration Period: 01.07.2024 - 23.08.2024
Contest period: 15.07.2024 - 23.08.2024
- Minimum Deposit to activate the Contest: $200
- Minimum Notional Volume on account: $1,000,000 or its equivalent
- The Prizes shall be awarded only to the Clients with the status “Approved”, meeting standard requirements as per the Operative Agreements. In case an eligible winner fails to provide such documents as deemed necessary by FXTM within a 5 Business Day notice, the Prize shall be canceled.
- The prize shall be settled on the clients' account before the 20th of September 2024.
Trading Conditions
- Instruments: Indices, Crypto, and Commodities
- All forex pairs and XAUUSD are excluded from profit calculation.
- Only positions opened and closed for more than 5 minutes are considered eligible. One trade refers to a complete round trip of opening and closing a position.
Result Calculation
| Total Net Deposit During the Competition | Profit Calculation Formula |
|---|---|
| ≤ USD$10,000 | Score = Cumulated trading net trading profit during the competition |
| > USD$10,000 | Score = Cumulated trading net profit during the competition / (Total Net Deposit amount / 10,000) |
Contest Winners by Rank Prizes
We will award prizes to the top performers based on emotional volume. There will be 10 contest winners who will receive the following prizes:
| Rank of winners | Prize | Notional Volume Requirements |
|---|---|---|
| 1 | 18,000 USD | $ 140 million |
| 2 | 13,000 USD | $ 90 million |
| 3 | 8,000 USD | $ 40 million |
| 4 | 4,000 USD | $ 25 million |
| 5-6 | 2,500 USD | $ 10 million |
| 7-8 | 1,200 USD | $ 5 million |
| 9-10 | 500 USD | $ 3 million |
Weekly Luck Winners Prizes
FXTM randomly selects one eligible Contestant on a weekly basis, the selected Contestant will be entitled to receive the prize of Weekly Lucky Winners in accordance with Table 2, notwithstanding the Clients TOP ranking on the following dates:
- 19th of July 2024
- 26th of July 2024
- 2nd of August 2024
- 9th of August 2024
- 16th of August 2024
- 23rd of August 2024 at 23:59 server time
| Weekly Luck Winners | ||
|---|---|---|
| Contest Period | Number of Winners | Prize |
| Week 1 (July 15 - July 19) |
1 | $ 500 |
| Week 2 (July 22 - July 26) |
1 | $ 500 |
| Week 3 (July 29 - August 2) |
1 | $ 500 |
| Week 4 (August 5 - August 9) |
1 | $ 500 |
| Week 5 (August 12 - August 16) |
1 | $ 500 |
| Week 6 (August 19 - August 23) |
1 | $ 1500 |
FXTM will announce the winner via the FXTM Official Website within 5 working days of the completion of the lucky draw.