The Trader's Triple Chase is a trading contest from broker FiboGroup. This contest has been running since January of 2016. However, you can still enter this competition until now. All traders can participate in the Trader's Triple Chase contest, including new traders.
There are three rounds that must be passed by each participant. Traders can participate in the first round by opening a demo account and will be provided with a deposit of 5,000 USD for that round. In order to win the first round, a trader must be one of the 10 participants with the highest profit, and the drawdown percentage cannot exceed -30%. Winners will be announced every Friday.
The trader who wins the first round will be given an NDD live MT4 account with a deposit of 100 USD, and the second round will begin. One winner will be ed for this round. However, the contest bonus and generated profit will not be deducted from the non-winning participant's account and can be used at any time.
The winner of the second round will be given a PAMM account with a deposit of 1,000 USD. Participants will compete as PAMM Account Managers and traders. Those with the highest profits and the best stability will be awarded points. The three participants with the highest points will emerge as winners. Prizes for the 3 participants with the highest points will be awarded in cash, with a total of 50,000 USD.
- Rank 1 - 10,000 USD
- 2nd place - 15,000 USD
- 3rd place - 25,000 USD
FiboGroup stated that no participant will lose in the third round because all profit on the PAMM account will belong to the participant. The third round will end on December 16, 2016, and the winners will be announced on December 20, 2016.
Anyone can still register to take part in this competition. The opportunity to participate is still open to anyone. Through the Trader's Triple Chase contest, traders also have the opportunity to learn how to manage various types of brokerage accounts with capital provided by FiboGroup and profits that will be yours.