Brokers News

FXTM launches live forex contest with $100 000 prize pool

Mar 08 2016
By Stanimir Zhelev , ForexBrokerz.com Find me on Google+

Award-winning broker FXTM always tries to come up with something new and challenging to its customers and FX traders on the whole.

After launching its new state-of-the-art investment program, FXTM Invest, earlier this year, the broker announced ‘Forex Trading Legends’ live contest with $100,000 prize pool.

The contest will be the broker’s largest live trading competition after the “Game of Pips”, which took place in 2015. Traders from throughout the world will measure swords with one another under real market conditions, which will make ‘Forex Trading Legends’ a true test of strategy, skill and savvy.

The top three participants in the forex trading competition will earn the titles of “Ultimate Global Forex Legend,” “Global Master Trader,” and “Global Super Trader” and will be awarded $50,000, $20,000, $10,000, respectively.

Additional money prizes will be distributed among the following top seven traders, who will also be awarded ‘Forex Hero’ of their respective country.

So, in fact, the $100,000 prize pool will be allocated to ten traders, the ones who realize the highest profit ratio. What is more, all winners will also get a Strategy Manager Account, which is part of FXTM’s copy and social trading program we mentioned above, FXTM Invest.

Here is what Jameel Ahmad, Chief Market Analyst and Vice President of Corporate Development at FXTM, said with regard to ‘Forex Trading Legends’:

“By proving their trading superiority in an exciting live environment, those taking part in our latest contest will have the opportunity to win some great prizes. Savvy traders will have the ability to rise to the top by studying the markets and implementing sound strategies, which balance both risks and opportunities.”

‘Forex Trading Legends’ will run from March 21 to April 22, 2016 and registration in the competition was officially opened on February 29. It requires opening a live trading account with FXTM and a deposit of $300.

ForexTime (FXTM) is a CySec regulated European broker, whose portfolio includes more than 100 trading instruments, such as forex, spot metals, and various contracts for difference (CFDs). Traders can choose from Standard and Cent accounts, or one of four ECN account types, as well as between two trading platforms – the famous MetaTrader 4 and MetaTrader 5.

TAGS: fxtm forex contest forex competition live forex contest

More news about FXTM

FXTM becomes a sponsor of rookie IndyCar driver Ed Jones May 26 2017 12:42:01
FXTM launches Trading Signals Apr 24 2017 13:55:36
FXTM expands payment options with Thai system MyPay Apr 11 2017 07:44:01
FXTM adds Baidu Pay as payments option Mar 16 2017 10:58:19
FXTM introduces Negative Balance Protection to all account types Mar 09 2017 12:31:54

Broker	Advantages
	FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
	HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.

	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
	Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
	Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.


	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus	CySec	MT4, MT5, Web	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Web, Mirror Trader, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, Hong Kong	FCA, CySEC, SFC	MT4, Web, PrimeTrader	$100	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web	$100	Review Website
	UK, Australia, Singapore	FCA, ASIC, MAS, BaFin	MT4, Web, ProRealTime, 2Dealer	$0	Review Website
	UK, Cyprus	FCA, CySec	MT4, MT5	$5	Review Website
	UK, Cyprus	FCA, CySEC	MT4, MT5, cTrader, SuperTrader, FxPro Markets	$100	Review Website
	Cyprus	CySEC	MT4, MT5, cTrader	$300	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	UK, Cyprus, Bulgaria	FCA, CySec, FSC	Web	$150	Review Website
	Seychelles	FinaCom	MT4	$10	Review Website
	Belize	IFSC	MT4, Web	$500	Review Website
	Cyprus	CySEC	MT4, Web	$25	Review Website
	Belize	IFSC	MT4, MT5, Web	$1	Review Website
	Cyprus	CySec	MT4, Web, Gwasy	$100	Review Website

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