Live Contest Winners Announced

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

Contest – fnb2832 218.78% $10,000
Contest – WasimKhattak   87.29% $5,000
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 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.