FXTM Announces New Trading Competition
In this live contest, traders will compete for the title of "Global Forex Great Legend" and the top prize of $50,000.
[February 29, 2016] Multi-award-winning international forex broker FXTM has announced the launch of "Forex Trading Legends" -its biggest live trading competition since the "Game of Pips" in 2015. The ten traders who achieve the highest profit ratio will each get a share of the total prize pool of $100,000.
"Forex Trading Legend" will allow traders worldwide to compete in real market conditions, making it an actual test of skill and strategy. The three best contestants will be awarded the titles of Global Forex Great Legend, Global Master Trader, and Global Super Trader and $50,000, $20,000, and $10,000, respectively. Additional cash prizes will be shared among the next seven top traders, who will also be named "Forex Heroes" of their respective countries.
Jameel Ahmad, Chief Market Analyst and Vice President of Corporate Development at FXTM, commented, "By proving their trading superiority in attractive live conditions, those who participate in our latest contest will have the opportunity to win some great prizes. Astute traders will have the skillset to rise to the top by studying the market and implementing reliable strategies that balance risk and opportunity FXTM's high-quality market analysis is an excellent starting point for those taking part in the contest for in-depth and up-to-date reports on the market commodities and currencies, which can be mixed in their strategies."
Registration has been officially opened from February 29 to April 22, 2016, and traders can easily join by depositing $300 to a live trading account. The "Forex Trading Legend" contest will run from March 21 to April 22.
The ten winners will also receive a Strategy Manager account, which is part of FXTM's new social trading and copy trading program, FXTM Invest. Strategy Managers can earn fees of up to 50% on their successful trades and will be ranked in real-time according to their gain, risk level, and popularity -allowing them to continue accumulating profits from their trade's success.
FXTM provides international brokerage services and access to global financial markets, trading in forex, precious metals, stock CFDs, ETF CFDs, and CFDs on commodity futures. Trading is available via the MT4 and MT5 platforms with spreads from 1.3 on Standard trading accounts and from 0.1 on ECN trading accounts. Trading services and support are provided based on the wishes and needs of each client -from beginners to experienced traders and institutional investors. ForexTime Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 185/12. FT Global Limited is regulated by the International Financial Services Commission (IFSC) under license numbers IFSC/60/345/TS and IFSC/60/345/APM.
Terms and Conditions apply.
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Risk Warning: A high risk is involved in trading leveraged products such as forex and CFDs. You are not advised to risk funds that you cannot afford; there is a possibility that you may lose more than the initial investment amount. You are not advised to trade unless you understand how far your exposure is from the risk of loss. When trading, you need to always take into account your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.