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.
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.