Who Will Be The Next Trading Wizard?
The completely free FPF Trading Competition begins NOW and every trader in the top 50 will receive a free challenge account + bonuses.
Essentials for FPF Trading Competition?
REGISTRATION INFO
In order to register and participate in the trading contest, you will need to create a demo account. Registration takes just a few minutes
DISQUALIFICATION
Please note that any participant who creates more than one (1) account should be considered in breach of Trading Contest Rules and will be disqualified from the contest.
REGISTRATION
Registration period for August Trading Competition will end at 31/07/2023 21:00 UTC. Click on the following button to register yourself and become the next trading wizard!
Currently, we don’t have any restrictions to the region or country that you are from. However, as our competition is hosted through Eightcap, you may not be able to sign up if you are from region where Eightcap doesn’t provide service to.
There are no restrictions on the type of strategies that you use on the competition accounts
The platform will either be mt4 or mt5, it will be specified on your welcome email that you get after registration of the trading competition.
Maximum Drawdown >> 10%
Daily Drawdown >> 10%
All the competitors need to abide by this drawdown rule, failing to do so will get the account terminated and hence disqualifying you from the competition.
There is no lot size restriction on the competition
The leverage on the accounts will be 1:100
To check the top traders/competitors in the ongoing competition, you will need to check the Standings link which is included on the welcome email that you get on registration.
Save the email or link from the email to check it whenever you want. The standings page will only show up after the competition has started
When the Competition is over, you will get an email from Eightcap itself if you are one of the winners of the competition.
After that, there will be an official announcement inside our Discord and Telegram on the first week of each month (for the previous month’s competition). Then, you will get your prizes on your respective email in 24 hours
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Risk warning: We don’t believe in “get rich quick” systems. Speculative trading (in particular) has large potential rewards, but also large potential risks. Leverage is a double-edged sword, and high degree’s of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. Forex Prop Firm provides general advice that does not take into account your personal and individual objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your initial investment, and therefore, you should not trade with capital that you cannot afford to lose. If you have any doubts or concerns, Forex Prop Firm recommends you seek advice from an independent financial advisor. Please do not trade with borrowed money or money you cannot afford to lose, and keep in mind that past performance is no indication of future results.
Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than its initial investment. The leveraged transactions are risky and are not suitable for everyone. You can lose money trading the financial markets. Profit is not guarantee. Before deciding to invest money, you should consider your investment objectives, level of experience, and risk appetite. Therefore, you should not be trading the financial markets unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss, you should not invest money that you can’t afford to lose. You should be aware of the high level of risk associated with trading the financial markets.
Risk Disclosure: Decisions to buy, sell, hold or trade commodities and other investments involve a risk of substantial losses. The practice of ‘’trading’’ involves particularly high risks and can cause you to lose substantial sums of money. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks.
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