Trading contests from the FirewoodFX broker, which have been held regularly since early 2017, have distributed up to thousands of USD prizes and produced many reliable traders. FirewoodFX Trading Competition gives a total prize of 1.125 US Dollars in each round.

Last October 10, the winner for the 19th round was announced. Indonesian trader named Mr. Piterprabady, won 1st place with a total profit of 719.45% and won a prize of 500 US Dollars. In the second place, the winner was a Pakistani trader named RaheelAmeer, who earned a profit of 532.90% and was entitled to receive a prize of 250 US Dollars.

Indonesian traders also won 3rd to 5th positions, with successive profits of 300.73%, 223.73%, and 170.25%. They are entitled to take home a prize of 150 US Dollars for 3rd place, 125 US Dollars for 4th place, and 100 US Dollars for 5th place.

FirewoodFX Trading Competition is Still Being Held

At the moment, the contest from the FirewoodFX broker has entered its 21st round. In the contest, which lasted for one month, traders were invited to compete and achieve the highest profit. The requirements are only to register, deposit 10 USD in a FirewoodFX Micro account and open a minimum of 20 trading lots. After completing registration, each participant will receive an email containing their MT4 account number, trading password, and PIN. With a leverage of 1:1000, participants are allowed to lock or use EA.

Apart from traders, this competition will also benefit FirewoodFX partners. If a trader registered through the partner link wins the competition, the partner will receive a 10% profit from the prize won. By holding regular competitions, FirewoodFX is committed to continuously motivating traders to be the best. Therefore, it's no wonder that FirewoodFX is one of the most recommended brokers for beginners.