These days, more people come to financial markets to seek financial freedom. Some of them eventually reach their goal. They become winning traders with a lot of expertise in Forex and other financial markets. They either trade as retail traders or become managing traders running PAMM accounts with 7-digit money pools. For some traders this has been a long way up. With FIBO Group, everything has changed. Now, any trader has a decent chance to turn from a demo-trader to a PAMM manager in 3 steps!
Triathlon Contest - Way to Successful Trading Career
Any FIBO Group client with a demo account can participate in the contest. The participant is not allowed to register several contest accounts at a time.
All traders participating in the trading contest are obliged to use a special link to register for the competition via customer’s Personal Cabinet - https://mt.fibogroup.com/user/login
A new round of this trading contest starts every week on Monday at 00:00 FT.
During the first round of this existing competition, participants are going to use demo accounts named “MT4 NDD”. The winners of the 1st round are be determined at the weekend, after each trading week is closed (Saturday 00-00 FT), the list of the 1st round winners will include the TOP10, i.e. 10 best performing traders with the highest profitability as well as the lowest drawdown, which shouldn’t exceed -30%.
The TOP 10 traders within the scope of the 1st round are going to participate in the 2nd round of the competition. All of them are going to use live NDD accounts on the following conditions:
Account type: MT4 NDD
Account currency : USD
Leverage : 1:100
Deposit : 100
Total trading volume generated by each participant over the course of the 2nd round must be at least 0.5 lots.
All NDD accounts participating in the trading contest will be subject to depositing/withdrawing funds. If the participant fails to comply with the term and conditions and the total trading volume generated by him is less than 0.5 lot by the end of the trading week, his trading account will be closed without the possibility to withdraw funds.
The best-performing trader is going to become the winner of the 2nd round. The winner’s prize is a PAMM account to manage. The starting equity is $1000, credited to the account. the detail of the offer looks as follows:
Minimum deposit: 50 USD
Manager's Fee: 30%
Early withdrawal fine: 0%
Investment period:1 week
The 3rd round of the trading contest is held among the winners of 2nd rounds - PAMM managers.
The TOP3 managers with the highest performance over the course one of the contest weeks are going to become the winners of the 3rd round. They will ultimately be eligible for getting $25 000, $15 000 and $10 000 credited as bonus funds to their PAMM accounts according to the contest terms and conditions.
Please keep in mind that in order to start using your MT4 NDD account for trading you should do the following:
Right-click the "Market Watch" window,
Choose “Show all”
Find instruments with postfix «.I"
Add instruments you need from the "Market Watch" window to the chart.
For more details, please visit http://fibogroup.com/contest/competition.html
Triathlon Contest: Rating of Participants
The "Triathlon" contest gives every MT4 NDD demo trader an opportunity to become a PAMM manager. $1000 for round 2 winners and more decent bonuses for round 3 winners (as described above).
The current contest results can be viewed here - http://fibogroup.com/contest/weekly.html
For terms and conditions, go to http://fibogroup.com/contest/competition/reglament.html
Good trading!
