FXTM Research Team
ForexTime (FXTM)
Award-winning international forex broker FXTM, has announced the launch of ‘Forex Trading Legends’ – itsbiggestlive trading competition since 2015’s ‘Game of Pips.’ Ten traders who achieve the highest profit ratio will each win from the substantial $100,000 prize pool*.
‘Forex Trading Legends’will enable traders from around the world to compete under real market conditions, making it a true test of skill and strategy. The top three contestants will earn the titles of Ultimate Global Forex Legend, Global Master Trader, and Global Super Trader, andwill be awarded with$50,000, $20,000, $10,000 respectively.Additional cash-prizes will be distributed among the following top seven traders, who will also be crowned ‘Forex Hero’ of their respective country*.
Jameel Ahmad, Chief Market Analyst and Vice President of Corporate Development at FXTM comments: “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. FXTM’s top quality market analysis is an excellent starting point for those taking part in the contest to receive insightful and up-to-date reports on the currency and commodity markets, which they can incorporate into their strategies.”
Registration officially openedon February 29 and traders can easily join by depositing $300 in a live trading account. ‘Forex Trading Legends’ will run from March 21 to April 22.
All ten winners will also receive a Strategy Manager Account, which is part of FXTM’s copy and social trading program,FXTM Invest.StrategyManagers can earn fees of up to 50% on their successful trades and are ranked in real-time by their gains, risk level and popularity –enablingthem to continue to profit from their successful trades.
Disclaimer:This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended Content
Editors’ Picks
EUR/USD clings to gains above 1.0750 after US data
EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.
GBP/USD declines below 1.2550 following NFP-inspired upsurge
GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.
Gold struggles to hold above $2,300 despite falling US yields
Gold stays on the back foot below $2,300 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.6% after weak US data but the improving risk mood doesn't allow XAU/USD to gain traction.
Bitcoin Weekly Forecast: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.
Week ahead – BoE and RBA decisions headline a calm week
Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.