Forex trading can be stressful and nerve-racking. You may have the best strategy, but when you get overwhelmed by emotions, you can digress from it. Statistics show that traders are too quick to exit a profitable trade and tend to hold onto a losing trade longer than they should. This contest will help you develop self-discipline and improve your personal trading.
Join Link – “The Way of the Samurai” Live Contest
Available to : New and Existing Clients.
Account Type : real STP/ECN trading account in US Dollars .
Frequency of competition : Monthly .
Duration : One Month .
How To participate :
1. Register an account using the form online .
2. Make a deposit of no less than $1,000 .
3. Request to participate.
Prize fund : 200 USD
How to Receive The Prize :
1. To receive the prize funds, the Winner must verify his/her account within 30 days after the Competition results have been announced.
2. The prize money can only be used for trading and cannot be withdrawn. However, the profit from trading can be withdrawn at any moment.
3. Prize money will be deducted from the Winner’s trading account automatically upon making a withdrawal request.
Bonus Terms :
1. Financial instruments: EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CHF
2. By the end of the last week of the month, all trades in the competition account must be closed (including pending orders).
3. The size of each order must be 0.01 lot.
4. Participants are not allowed to have more than 1 open position in one currency pair at the same time.
5. Each trade must be closed with a profit or loss of at least 300 pips.
Defining The Winner :
1. The winner is the participant who receives the most pips when closing a profitable trade during the competition
2. The prize will be credited to the Winner’s TenkoFX trading account (typically within 24-48 hours on business days after the end of the Competition)
Limitations :
1. Participants of the Competition must provide true personal information.
2. One trader cannot participate in the Competition on more than one trading account or by managing (trading in) other people’s accounts.
3. Family members and relatives cannot participate in the Competition from the same computer.
4. Participants cannot withdraw funds from their accounts until the end of the Competition.
5. The use of trading robots and automatic trading systems is prohibited.
Withdraw : Profits made with the bonus can be withdrawn.
More Info –
1. General terms and conditions apply.
2. The promotion can be changed any time without previous notice.
3. Please ask their support for more information .
Please follow this link for more details about the rules : Terms and Conditions