The Forex and CFD broker Forex4you is organizing a trading competition of one month in celebration of its ninth anniversary, which will be carried out between the months of May and June of 2016. It is a tournament for real accounts which offers cash prizes to the best traders. The total prize fund of the contest is $5000 USD which will be divided into 4 categories, which are detailed below. Through this tournament, traders can evaluate their strategies and skills and get intereantes awards in the process.
-Period Competition: The tournament will last one month and will be held from May 16, 2016 until June 10, 2016.
General conditions of this trading contest
- All customers of Forex4you can participate in this contest, both new and existing clients.
- To participate in the contest, an accumulated deposit of at least 100 USD must be made from 05.01.2016.
- The competition results for each trader are counted from the time of market opening on 16.05.2016.
- Winners are determined based on the results of open and closed positions during the contest period indicated above.
- Trading instruments accepted in the competition are: Currency pairs (Forex), precious metals (gold and silver spot) and CFD on shares.
- The results in pips for spot metals (gold and silver) are divided by 10.
- If several participants have the same results, the participant registered with the company first will be declared the winner of its competition category.
- To receive the award the winners will have to verify their accounts.
- Cash prizes will be credited to the trading account of each winner within 10 working days from the announcement of the results.
- The list of winners will be posted on the contest page on the website of Forex4you.
Awards of the competition
The prize fund of 5000 USD will be divided into 4 categories, with different prizes to be awarded to traders who obtained the highest profit in pips trading with currency pairs, commodities or stocks (CFD). In addition, there is an additional prize that will be awarded to the trader to complete the highest trading volume reached during the contest period. Thus, the prizes will be distributed as follows:
Currency pairs (Forex) and commodities
- 1750 USD for the trader with the highest profit in pips trading with currency pairs or commodities in the Classic, Classic NDD and Pro STP accounts.
- 1000 USD for the trader with the highest profit in pips trading with currency pairs or commodities in Cent and Cent NDD accounts.
CFD on Stocks
- 750 USD for the trader with the highest operating profit in pips CFD on shares in any trading accounts.
- 1000 USD for the trader that achieves the highest trading volume during the period of competition.
You can learn more about this trading competition and other services of the broker Forex4you, on the website of the company through the following link: