XM Trading Competition for Signal Providers/Prop traders

This is to all you Forex Account Managers. Put your money where your mouth is

Total cash prizes $1750 + $5000

I'm hosting a forex competition.

Rules


1.
Account size opening $250 , you will open this with your own money not me. All profits accumulated will be yours
2.
Max drawdown allowed 30%. If drawdown is breached you will have to re-enter the competition
3.
Redeposits allowed but you will face a penalty of 10% from the gain shown. Eg
Total gain is 30% if redeposit gain will be calculated as 27%
4.
All trades must be taken via my XM affiliate.
5.
All trades must be made public by signing up to myfxbook so drawdown and gains can be. Verrified
6.
Winners must provide access to account by sharing investor password.
7.
Traders can have multiple accounts.
8.
Traders must be willing to share contact details for prize distribution
9.
Best equity and lowest drawdown after 90 days win


So since we have the rules out of the way let's get to the good part.

Top 3 equity winners will get a guaranteed prize of
1st prize $1000
2nd prize $500
3rd prize $250
All profits generated is kept no sharing.
All prizes will be paid in cash either to their trading ac in XM or via EPayment services eg skrill neteller PayPal or Perfect money

Prize pool for most traded lots for top 10 is at $5000
1st place - $1500
2nd place - $1000
3rd place - $750
4th to 10th fixed - $250

This prize is in addition to the prize pool for highest equity percentage

In addition to the cash prizes I will introduce you to top investors who will invest a minimum of atleast $5000 (25% Performance fee) or get you a contract to manage a Prop fund depending on results (Prop fund will require further trading at no additional cost at the rules of the prop fund)

Trading will go on for a period of 90days

Message me on how to enter the competition.

Highest equity will be calculated percentage based.

Prop fund will have funds anywhere from 10k to a max 100k.

The above challenge will be a prerequisite only for the prop fund challenge.

For more.info drop a message on telegram

Click here

Please message on telegram I cannot reply messages on FF as it's limited only to 1 msg let 24hr period

Thank

How can we be certain that this offer is legit?

Well you will have to take my word for it and a gentlemen agreement.

End of the day your initial $250 is yours to keep unlike other prop funds, even if you exceed the quota drawdown given. The profits and capital are all yours.

At this point my word is all I can give you

I would like to participate, and am quite certain that I will win. But I can't spare the fund for a new account now. Any way of working around this?

Not atm.

The intial funding is $15,000 + the prize pool
I am counting on the rebate commissions from XM to come in partly for this total.

I am capable of bringing a much bigger returns as part of your team, but I can't spare the fund for a new account right now.

Well sorry then mate. This is the only way this will work

There are no guarantees that you will win. If I give a special break I will have to given everyone the same.

Really sorry
Till next time then

What I can do is lower the intial deposit required but that will make it harder for yourself remember max draw down is only 30%

I wish you the best in your endeavors!

Thanks mate

Can you please throw more light on this?

Well I can make the initial deposit $150 or $100
This means the maximum drawdown initially will be out $30.

If you are okay with trading with those kinds of odds I'm okay with it.

Will the participants with the highest equity be declared the winner irrespective of the initial start-up deposit, thereby putting those with lower deposit at grave disadvantage?

It's percentage based to keep it fair

A $100 startup final balance $150 is the same as
$200 startup final balance $300

I can start with deposit of $50 right now, if that is OK with you?