These days, everyone has an opportunity to make extra income to cover inflation and spend the money on some extra needs without touching the savings. Some of them are offered by Forex, the world’s biggest financial market.
Indeed, Forex can be an extra or major source of income for anyone who is willing to participate in it. Trillions of dollars are turned over on a daily basis. The trading industry has evolved dramatically over the last decade. Today, even some mediocre market participants still can make money since broking companies offer more loyal trading conditions, thereby improving the quality of their services in order to stay afloat in the highly competitive environment.
Apart from high-quality services, decent trading conditions, innovative solutions, loyalty bonuses and promos. More Forex brokers offer other excellent opportunities to make money without major risks. The opportunity is represented by trading contests. Sometimes, these contests are free to participate but the prize pool is decent. For example, you may win cash prizes or some funds to continue trading on your live account.
FIBO Group is one of such client-oriented companies that have always been striving to supply its clients with excellent and comfortable trading conditions and various opportunities aimed at boosting their trading performance. FIBO Group is focused on innovation, simultaneously helping beginning traders to learn the basics of Forex trading fairly quickly in order to be able to continue the trading career by practicing a
nd mastering the acquired skills.
The New Year and Christmas holidays are coming. Brokers are trying to give their clients some bonuses or some other pleasant surprises like contests with excellent prizes. For example, not so long ago FIBO Group started a new trading contest. It is called BIATHLON. The winner gets $1000 as the starting capital for his/her PAMM account and can further attract investor funds to boost the money pool. This is an e
xcellent opportunity to start a decent career and reach financial freedom.
According to Dmitry Sedov, a representative of FIBO Group, the company has always striven to make all of its clients feel at home. This means that apart for excellent trading conditions, responsive support and innovative solutions, the company expands the list of opportunities for beginning and professional traders, including beneficial promos and trading contests. This is how the company creates win-win situations.
Almost all of them are designed to reduce the risks while being able to boost the yield. For example, let’s recollect, the MT4 Starter type of trading accounts, Safety Cushion, Bonus for QIWI Wallets and many other promos and bonuses.
Now let’s have a closer look at the BIATHLON contest:
BIATHLON CONTEST
This is what the official website reads:
Participation is open to any FIBO Group client who has a demo account. A participant may not register more than one contest account during the contest.
Participants should use the following link to register for the competition via Customer’s personal cabinet.
Each new round of the competition starts every Monday at 00-00 FT.
On the first round participants will use «MT4 NDD» demo accounts. Frst round winners will be determined at the end of a trading week (Saturday 00-00 FT), the winners list is formed from the 10 contestants with highest profitability and percentage of maximum drawdown that doesn’t exceed -30%.
The 10 winners of the first round will take part in the second round. They will be able to use NDD real trading accounts on the following conditions:
Account type: МТ4 NDD
Account currency: USD
Leverage: 1:100
Deposit: 100
Total volume of trades made by each participant during the second round should be not less than 0.5 lot.
All contest NDD accounts will be moved into a regular NDD group, it will be possible to replenish it or withdraw funds from this trading account. In the case of a participant not fulfilling the conditions and his total trading volume by the end of the week is less than 0.5 lot, the trading account will be closed without the possibility to withdraw funds.
The participant who has achieved the best results during the week will become a second round winner.
As a prize, a Managed account (PAMM) will be given to the second round winner. A winner will receive 1000 $ that will be credited to the contestant's PAMM account. PAMM Manager's Offer:
Minimum deposit: 50 USD
Manager's Fee: 30%
Early withdrawal fine: 0%
Investment period:1 week
For more details, please visit http://fibogroup.com/trader/biatlonpromo.html
Good luck!
