Trading Competition Next Steps

There are a couple more steps before your are fully registered.

 

1) Head over to https://bit.ly/go-markets-mu and create a USD demo account.
    We suggest selecting “Plus” for the account type.

 

2) Follow this link https://bit.ly/TWEJan2023 and click the “Join” tab and follow the steps to join the competition.

 

3) Add your name to your FXBlue account by clicking “Your Account” and filling in your name under “Your Profile”.  This name has to match your name in this email.

 

Make sure you read the rules and only start trading after the competition has begun.

Competition Rules

Below are the competition rules:

  1. You must create your demo account at Go Markets Mu.
  2. 10% Max Drawdown.
  3. 5 Minimum Trading Days. You can’t place minimum lots or open and close trades to meet the minimum days. 
  4. 1 account per person.
  5. No manipulation as per our general rules.
  6. You can hold over night & over the weekend.
  7. You can not win with one oversized trade. 
  8. One trade cannot equal more than 50% of your profits
  9. No taking advantage of unrealistic fills in the demo environment.
  10. Must be manual trading. No fully automated EA’s or software allowed. Trade manager EA’s are allowed.
  11. If you are a winner we will contact you with your prize and announce it publicly. 
  12. You must have filled in the entry form on the TradersWithEdge.com website https://traderswithedge.com/trading-competition/ to be eligible. 
  13. Competitors must use the following trading software to publish their results to FX Blue Live: MT4 or MT5. MT4 competitors must publish their results to FX Blue Live using account sync or the FX Blue Publisher EA.
  14. The competition is open to demo accounts only (not live accounts).
  15. All accounts must be in USD.
  16. Account equity at the start of the competition must be exactly USD 50,000. Do not start trading until the competitor list shows your current equity as USD 50,000.
  17. Competitors will be disqualified if their account equity falls below USD 45,000.
  18. Competitors will be disqualified if they lose more than 10% from any peak during the competition. This applies even if the account is still profitable. For example, you will be disqualified if you start with USD 10,000, increase that to USD 20,000, but your equity then falls below USD 18,000.
  19. The maximum size of any individual order is 5.00 lots. Competitors will be disqualified if they place an order larger than this during the competition.
  20. Competitors are not allowed to have open positions when the competition starts. The first time your results are published to FX Blue Live after the competition starts, there must be no open positions.
  21. Performance is measured from the first equity figure published by your trading software after the competition starts to the last equity figure published before the competition ends.
  22. Any deposits during the competition are treated as though they happened at the start of the competition. Your performance will be affected if you make deposits towards the end of a competition.
  23. Competitors must publish from the same broker account throughout the competition.
  24. The competition is scheduled to run from the first of the month till the end of the month. Check the FXBlue competition page for exact dates.
  25. MT4 users must publish their results using the FX Blue Publisher EA or account sync. You cannot use MT4’s built-in FTP publishing.
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