From September to November 2015, the Forex broker HotForex is organizing a trading competition for real accounts, called Fast and Glorious, which offers cash prizes of up to 4,000 USD to the winners. This competition has a total prize fund of 10000 USD which will be divided between the first 6 places.
-Registration period: August 19 to 20 November 2015.
-Competition period: September 1 to November 20, 2015.
Rules and conditions of the competition
- To participate in the competition, the trader must open a real trading account and deposit at least $100. Fund transfers are also accepted from other accounts in the case of existing customers.
- Each customer can participate in the competition with several accounts if desired. In each new account the trader must make the minimum deposit of $100.
- A minimum of 10 trades must be executed from 1 September to 20 November 2015. If this minimum is not met, the trader is disqualified.
- Trading instruments accepted in the contest are: currency pairs, gold and silver.
- Leverage in the accounts participating in the contest is 1: 400 and can not be changed.
- Expert Advisors can be used.
- The winners will be traders who obtain the highest rate of return, which is calculated as follows: (Profit / Total Deposits) * 100. This calculation is based on closed trades only.
- Partial results of the competition will be shown on the website of HotForex.
- The winners will be announced on November 27, 2015.
The prizes for the winners are:
-First Place: 4000 USD
-Second Place: 2500 USD
-Third Place: 1500 USD
-Fourth Place: 1000 USD
-Fifth place: 600 USD
-Sixt place: 400 USD
You can learn more about the trading competition Fast and Glorious and open an account to participate in the HotForex website through the following link: