Archive for April, 2015

FX Choice Contest Winners

Monday, April 20th, 2015

The recent FX Choice contest ended and these are the top 5 traders to collect the prizes:

1st place: Contest – mackrillo winning a $4500 funded account

2nd place: Contest – majidmimo winning a $2000 funded account

3rd place: Contest – honda52435417 winning a $1500 funded account

4th place: Contest – starshooter winning a $1000 funded account

5th place: Contest – rfahtari winning a $1000 funded account

As to contest analysis, you can see the following:

– 80% of the accounts didn’t trade

– Only 3% of accounts made profit while 16% lose.

– No accounts were margin called.

– Top accounts were clustered very closely.
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Keep in mind that the above figures are highly different than the usual results as users had to (1) authenticate their trading accounts, (2) trading sizes were limited by the broker and (3) the broker had to restart trading after 2 weeks due to server error.

Hope you had a good run and don’t forget to sign up to the next contest!

Have a great week!

The Myfxbook team.

New Forex Contest – Fidelis Capital Markets

Monday, April 13th, 2015

Yet another contest is coming up and registration is now open! Compete with a demo account to win total prizes of $5000.

Fidelis Capital Forex Contest

The contest is sponsored by Fidelis Capital Markets and the winners will receive the following prizes:

1st place: $3,000 funded in a Fidelis Capital Markets live account

2nd place: $1,500 funded in a Fidelis Capital Markets live account

3rd place: $500 funded in a Fidelis Capital Markets live account

You will be competing with a $10,000 demo balance and a 200:1 leverage.

Ready to compete? Sign up here: http://www.myfxbook.com/contests/forex-contest-fidelis-capital-markets/28/rules

Have a great week ahead!

The Myfxbook Team.