This broker, which has been established since 2010, holds a live trading contest called FXTM Mountain Expedition. This contest applies to all members from all over the world. Traders who make it to the top by scoring the highest percentage of profit will receive cash prizes totaling 100,000 USD.
Registration for this competition is open from September 29 to November 4, 2016. Meanwhile, the FXTM Mountain Expedition event will take place from October 17 to November 4, 2016. The initial deposit requirement to take part in the live trading contest is only 100 USD.
The FXTM Mountain Expedition Competition has several new features that make it easier for you to control your activities during the contest. Participants can track their own trading progress as well as their closest opponents' trades by using the exclusive panel feature on MyFXTM (client area). You can also repeatedly enter the competition from the beginning as many times as you want. In addition, participants will get a bonus level, as below.
Level 1 (Profit 300%)
Bonus: Double-close orders with the highest profit.
Level 2 (Profit 700%)
Bonus: Removes the most negative close orders.
Level 3 (Profit 1500%)
Bonus: Removes all negative swaps.
Level 4 (Profit 5000%)
Bonus: Order with the highest profit multiplied by 3
Level 5 (Profit 15000%)
Bonus: Removed the 3 most negative close orders.
In addition to the level bonus, participants can also get a +50 bonus just by sharing the contest banner on their respective Facebook accounts during the contest.
A total prize of 100,000 USD will be distributed among 10 winners with the following details:
- 1st place - 50,000 USD
- 2nd place - 20,000 USD
- 3rd place - 10,000 USD
- 4th place - 7,000 USD
- 5th place - 5,000 USD
- 6th place - 3,000 USD
- 7th place - 2,000 USD
- 8th place - 1,500 USD
- 9th place - 1,000 USD
- 10th place - 500 USD
Then how to register for the FXTM Mountain Expedition contest? All you have to do is register or login to FXTM. Read and agree to the contest terms and conditions. Then, make a deposit of 100 USD. Start trading, get bonuses, and earn the highest profit to win the contest.