Archive for the ‘Myfxbook Updates’ Category

New Live Trading Contest MaxFX

Tuesday, February 2nd, 2016

We’re happy to announce the first live contest (real funds) for 2016, sponsored by MaxFX:

maxfx.live.contest

Registration will be open until 15th of March and the contest will start on 1st of March and will run through 1st of April.

A minimal deposit of $500 is required to enter the contest. Total prizes of $10,000 will be given out as follows:

  • 1st Prize equals to $6,000 funded in the Client’s MaxFX live account
  • 2nd Prize equals to $3,000 funded in the Client’s MaxFX live account
  • 3rd Prize equals to $1,000 funded in the Client’s MaxFX live account

Important to note that funds deposited by MaxFX as a Prize can be withdrawn any time after the completion of the Contest.

Good luck to all traders!

Registration: http://www.myfxbook.com/contests/live-forex-contest-maxfx/34/rules

 

Best Regards.

The Myfxbook Team.

End Of 2015 Updates

Wednesday, December 23rd, 2015

We had much developments this year; This is what we have been up to:

  • Working hard on our Android and iOS apps.
  • Adding functionalities as requested by users.
  • Adding more widgets.
  • Supporting further brokers.
  • Improving our current services and adding new ones.

We’ve wanted to take this opportunity to highlight 2 items:

Our android application has reached an important milestone – it has passed 100,000 downloads in just over 1 year! Not only that, but it is ranked number 4 when searching in Google Play for the term ‘Forex’. If you haven’t tried it out yet, click below to and download it to see why traders absolutely love it:

Myfxbook Android

Myfxbook Android

A new upcoming rebate service to be introduced in 2016 – just like with any of our services, we’re creating a new, state of the art service, unlike anything available now. As a promotion of the new rebate service, we’ll be giving out $1,000,000 (that is correct, one million USD) in bonuses!

The new rebate service will be available here: http://www.paybackfx.com

PAYBACKFX

New Forex Rebate Service By Myfxbook

Stay tuned for more details!

 

We wish you a lovely holiday season and a Happy New Year!

The Myfxbook Team.

Live Contest Winners Announced

Thursday, December 3rd, 2015

Our first ever live forex contest has ended and winners are:

1
fnb2832
Contest – fnb2832 218.78% $10,000
2
WasimKhattak
Contest – WasimKhattak   87.29% $5,000
3
MPRC
Contest – MPRC 80.63% $2,000

As this was a contest with live funds deposits by the competitors, it was very interesting to see the difference in trading behavior vs demo accounts. As expected, returns weren’t as high as with demo accounts but nevertheless, were impressive.

Looking at the contest’s analysis which can be seen here http://www.myfxbook.com/contests/live-forex-contest-fidelis-capital/32/analysis we can see that 7.1% of accounts were profitable, 32.9% of account were losing and 60% of accounts didn’t trade. Winners had a 66% winning rate vs 56% of losing traders, while avg pip win of winners was 350 pips vs 80 pips of losing trades (almost x5 times larger).

Live Forex Contest Fidelis Capital analysis

Hope you had a good time competing against the rest!

Have a great week ahead,

The Myfxbook Team.

FX Primus Contest Winners

Sunday, October 25th, 2015

The recent contest by FX Primus has ended and the top 15 traders (or winners) to collect the $3,500 in prizes are:

1st place – Contest – foralios
2nd place – Contest – emanov
3rd place – Contest – Mingzi11
4th place – Contest – hongyun
5th place – Contest – wizii
6th place – Contest – lndunilk98745
7th place – Contest – salubaba
8th place – Contest – Labonin
9th place – Contest – anggwa
10th place – Contest – kapilah1
11th place – Contest – pathirana
12th place – Contest – charakanm254
13th place – Contest – maybaba65
14th place – Contest – BlackHeart
15th place – Contest – snipertrader

Contest analysis has been performed and can be seen below (click the image for full size):

Forex Contest FX Primus - AnalysisOnly 4.7% of forex traders ended up in profit, while majority (61.3%) lost and 34% haven’t traded.

The top traders were spread out quite evenly; the winners had almost and identical trade profitability vs losing accounts while avg trade was x3 larger vs losing accounts.

 

Wishing you a prfitable week ahead!

The Myfxbook team.

 

A New Forex Trading Contest, $5,000 In Prizes

Friday, October 16th, 2015

We’re excited to announce another trading contest, sponsored by Tradeo. Total prizes are $5,000 and you will be competing with a demo account with a balance of $50k and a leverage of 200:1.

tradeo.forex.contest

Top traders will receive the following prizes:

1st place: $2250

2nd place: $1000

3rd place: $550

4th-5th places: $250

6th-10th places: $140

For the full Terms and Conditions and to sign up, please go here:

http://www.myfxbook.com/contests/forex-contest-tradeo/33/rules

A First Ever, Live Trading Contest!

Monday, September 28th, 2015

We’re super excited to announce the first ever, live forex trading contest. The contest is sponsored by Fidelis Capital Markets who will give away $17,000 in total prizes to the top traders!

fidelis.contest

To compete, you must open a live account with a minimal balance of $500. Contestants will compete with a leverage of 200:1. The prizes will be as follows:

1st place – $10,000

2nd place – $5,000

3rd place – $2,000

To sign up, please go here: http://www.myfxbook.com/contests/live-forex-contest-fidelis-capital-markets/32/rules

Have a great week,

The Myfxbook Team.

Another Trading Contest In The Works – Sign Up Now!

Monday, September 7th, 2015

We’re happy to announce yet another trading contest which will begin on September 20th.

fx.primus.forex.contest

The contest is sponsored by FXPRIMUS, who will give away $3,500 in total prizes to the top 10 traders:

1st place is awarded with 1200 USD

2nd place is awarded with 600 USD

3rd place is awarded with 300 USD

4th and 5th place is awarded with 200 USD

6th–10th place is awarded with 100 USD

 

Traders will compete with a $100k demo account and a 500:1 leverage. Registration opens today so hurry up and reserve your spot here:

http://www.myfxbook.com/contests/forex-contest-fx-primus/31/rules

 

Wishing your profitable trading,

The Myfxbook Team.

Prepare For The Upcoming Contest – $10,000 In Prizes

Thursday, August 6th, 2015

We’re happy to announce a new demo trading contest with total prizes of $10,000, sponsored by GDMFX:

forex.contest.gdmfx

The top 3 traders will recieve the following prizes:

  • 1st place is awarded with 5000 USD
  • 2nd place is awarded with 3000 USD
  • 3rd place is awarded with 2000 USD

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

Registration is now open, so hurry up and sign up here: http://www.myfxbook.com/contests/forex-contest-gdmfx/30/rules

Best Regards,

The Myfxbook Team,

Fidelis Capital Markets Contest Winners

Thursday, June 4th, 2015

The recent contest held by Fidelis Capital Markets has ended and 3 traders have outperformed the others;

1st place – Contest – man666 winning a $3,000 funded Fidelis Capital Markets live account.

2nd place – Contest – gabriele2274 winning a $1,500 funded Fidelis Capital Markets live account.

3rd place – Contest – Kethner winning a $500 funded Fidelis Capital Markets live account.

Analyzing performance data we can see the following:

– 43% of the accounts were margin called

– Less than 8% of accounts remained profitable

– Both winning and losing accounts profitability was almost identical: 67%/66% wins and 33%/34% losses.

Forex Contest Fidelis Capital Markets   Analysis   MyfxbookFor the full analysis, click the above image or go here: http://www.myfxbook.com/contests/forex-contest-fidelis-capital-markets/28/analysis

Have a great weekend,

The Myfxbook Team.

Get Ready For The Next Trading Contest! $5,000 in Prizes!

Friday, May 15th, 2015

We’re excited to announce yet another trading contest, this time sponsored by Squared Financial:

squared.financial.contest

The contest will be held from June 4th until July 2nd. You will be competing with a $10k demo account, a 100:1 leverage, for real prizes in total of $5,000!

To read the full contest terms and sign up, click the above promo or go here: http://www.myfxbook.com/contests/forex-contest-squared-financial-june/29/rules

Have a great weekend!

The Myfxbook team.