Forex Contest Winners Announced

We’re happy to announce the winners of our latest contest winners

(Gains are a snapshot of the time the contest has ended).

1st place – 14,248%, winning a $3,500 prize – Contest – 1RF4N

2nd place – 5208%, winning a $1,000 prize – Contest – pipmasta

3rd place – 850% – winning a $500 price – Contest – skalavox

Important to note that several top accounts were disqualified for multiple accounts under different identities.

Unlike previous contests, almost 50% of the accounts were margin called which can be explained by the trending market. Profitability of winning and losing accounts was similar, roughly 70% win/30% loss, yet average win for winning accounts was 7 pips versus an average of only 2 pips win for losing accounts – traders who were on the wrong side of the trend couldn’t let their winners run.

The complete contest analysis can be found here:

Forex Contest Squared Financial Analysis

Have a great week ahead!

The Myfxbook team.

6 thoughts to “Forex Contest Winners Announced”

  1. hello .. i have a wishes
    please start new contest with new vision..
    if you want find real professional traders/
    i like start contest with real money .. some one get max volume position and max leverage if chance be with them then he /she will be winner
    but by real money condition is difference from demo
    in real account market physiology and technical arts and talent is used.
    1-real money by 100 usd $ balance and leverage 1000 draw down is max free
    2-real money by 1000 usd $ balance and fixed leverage low draw down and high profit is the best
    please start new contest by new condition
    thank you
    best regard
    Asghar sh

  2. hello. demo contest just for fun and has no any value and validity
    .we like real contest in unit broker that register clients from any country in the world .
    thank you
    best regard

  3. Каким образом будут выдаваться призовые?И когда?

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