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Attachments: The Multi-Million Rand Forex Freestyle Challenge 2016!
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The Multi-Million Rand Forex Freestyle Challenge 2016!

  • #21
  • Jan 7, 2016 6:33am Jan 7, 2016 6:33am
The broker firm affiated to the challenge is well above board in terms of legelaties and Fsb regulations. Misconduct and false accusations will not be tolerated by any persons that shows concern in participation. Questions and answers are available to any persons concerned. This is an open chat and people around the globe have the opportunity to view their own opinion.
This message has been placed directly by the Chairman of GSMA . Kindly keep track of what you say.

Thanking you all and hoping everyone out there the best of luck in the challenge.
  • #22
  • Jan 7, 2016 6:53am Jan 7, 2016 6:53am
This looks like a great competition, I just downloaded the application form in their website!
  • #23
  • Jan 7, 2016 7:34am Jan 7, 2016 7:34am
All rules, terms and conditions for the Forex Challenge will be posted by no later than the 8th January 12 noon Central African Time (CAT) on gsma.co.za. Further queries must be directed to [email protected] or [email protected]. Alternatively call
+27 11 435 0698.
  • #24
  • Jan 7, 2016 8:42am Jan 7, 2016 8:42am
Quoting monwabisinje
this looks like a great competition, i just downloaded the application form in their website!
can you send me the link to download application i cant find it
  • #25
  • Jan 8, 2016 7:01am Jan 8, 2016 7:01am
Hi Stefan, the application form is on the website on the competition tab, see below http://gsma.co.za/competitions/
  • #26
  • Jan 8, 2016 4:08pm Jan 8, 2016 4:08pm
GSMA has now uploaded all rules and regulations pertaining to the 2016 Foex Challenge. Go onto www.gsma.co.za
  • #27
  • Jan 8, 2016 4:36pm Jan 8, 2016 4:36pm
Quoting X-Man
{quote} how can this be a scam when gsma is not asking for money. What is going to happen with this competition is that a you enter. You send your details after that you going to be asked to open your trading account and trade when the competition starts... You trade your best and the trader that makes the highest gains wins. Simple as that. It's a proper competition
How is this not a scam when you are required to pay just to enter the competition + you need to fund the account with your money?
Quote
You are liable to pay a non-refundable once-off process fee in accordance to the category you are eligible for.
Every competition I entered didn't require any real money..

So thanks but no thanks...
  • #28
  • Jan 9, 2016 2:14am Jan 9, 2016 2:14am
Quoting X-Man
Guys the competition is going to run through a recognized broker that will have the proper regulations etc to run this competition.
X-man, I respect you so much for your trading insights. It is very unfortunate that you are collaborating with GSMA to scam us.
Attached Image (click to enlarge)
Click to Enlarge Name: gsm.PNG Size: 45 KB

It is very obvious that you are paid/ will be paid to scam us.

Phemmy
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #29
  • Edited Jan 27, 2016 3:09am Jan 26, 2016 3:31am | Edited Jan 27, 2016 3:09am

Multi-Million Rand Forex Freestyle Challenge 2016!


Do you think you are the best Trader in the world?
Freestyle your way to riches and earn the crown title of the world's best trader among some of the best traders known! This challenge is open to amateur and expert traders, kicking off from the 14 March 2016. Registration period starts from 11 January 2016 and closes 10 March 2016.
You could be the newest Millionaire to walk this planet!!!

For the first 100 applicants there will be no entrance fee.
For more information please visit http://www.gsma.co.za

You can follow this competiton on :
Facebook: global stock market administration
Linkedin: global stock market administration
Googleplus: global stock market administration
instagram: gsma_tradings
Twitter: gsma_tradings
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-01-26 17_35_53-forex challenge design 2 - Microsoft PowerPoint.png Size: 578 KB
Click to Enlarge Name: 1182-KFS-Promo-banner-resize.gif Size: 197 KB
X-man the legendary conqueror of markets
  • #30
  • Edited 10:21am Jan 26, 2016 3:34am | Edited 10:21am
Entrance is free for the first 100
The first 100 applicants for this competition will not pay any entrance fee.

http://www.gsma.co.za/
X-man the legendary conqueror of markets
  • #31
  • Jan 26, 2016 3:35am Jan 26, 2016 3:35am
If you have any queries about the competition please feel free to ask here
X-man the legendary conqueror of markets
  • #32
  • Jan 26, 2016 3:37am Jan 26, 2016 3:37am
The GSMA Team has been working around the clock to ensure that this challenge is fair to local and international participants. Based on our estimated statistics, this competition is presumed to be the most competitive and challenging FOREX battle, not to mention the stakes being extremely appreciated. The countdown to entry levels and locations around the Globe can be viewed on www.gsma.co.za under the competition tab
X-man the legendary conqueror of markets
  • #33
  • Edited 9:40am Jan 26, 2016 3:48am | Edited 9:40am
HOW TO ENTER
Log in to http://www.gsma.co.za and follow the competition prompts on the website in regards to the application process.
Download the entry application form,fill it in and scan and email it back to [email protected], [email protected], or [email protected] on or before
10 March 2016 at 23:59 CAT with supporting documentation.
X-man the legendary conqueror of markets
  • #34
  • Jan 26, 2016 3:58am Jan 26, 2016 3:58am
"Doing what is right, fair and honorable is more important than winning or losing.”
X-man the legendary conqueror of markets
  • #35
  • Jan 26, 2016 5:42am Jan 26, 2016 5:42am
"Winners compare their achievements with their goals, while losers compare their achievements with those of other people.” Nido Qubein
X-man the legendary conqueror of markets
  • #36
  • Jan 26, 2016 5:57am Jan 26, 2016 5:57am
I can see that you have big interest in promoting this competition as you opened second thread after first failure... Are there no people eager to give their money to gsma for free and never get it back?
  • #37
  • Jan 26, 2016 7:38am Jan 26, 2016 7:38am
Each participant agrees that by entering the GSMA-MMRFC competition they express their free, prior and informed consent for GSMA to process any personal data which they provide while registering and/or participating in the competition. The data will be collected and processed only to such extent, which is necessary to administer and run the GSMA-MMRFC competition. GSMA shall disclose any data about participants only to the extent stipulated in these terms and conditions. Each participant has no right to withdraw their consent for processing of personal data at any time unless there is a breach to the terms of the competition by GSMA.
X-man the legendary conqueror of markets
  • #38
  • Jan 26, 2016 7:47am Jan 26, 2016 7:47am
Quoting insomniawawa
I can see that you have big interest in promoting this competition as you opened second thread after first failure... Are there no people eager to give their money to gsma for free and never get it back?
Good day thank you for response, kindly note that we are running a professional Multi million Rand Competition and it is the first of its kind. The interest for this Challenge is at the prospective traders discretion, therefore constant thread uploads reinforces those whom showed interest and were not fed with more information, thus we appreciate the correspondence of individuals such as yourself. Happy Days Mate
X-man the legendary conqueror of markets
  • #39
  • Jan 26, 2016 8:35am Jan 26, 2016 8:35am
Hi,

This looks very exciting.

Just a few questions:

Why the different Process Fees, Silver, Gold and Platinum? What is the difference?

Nowhere on your website can I see what exactly the prices are? Is there only one price and how much is it?

On your website it says that Khwezi Financial Services is your preferred broker, does it means that participants can use any broker they like?

Also in your 1st post above you say the competition starts 15 March 2016, on your website it says it starts 15 February 2016, which is it and why different dates?

Thank you
  • #40
  • Edited 10:23am Jan 26, 2016 9:16am | Edited 10:23am
Quoting mor707
Hi, This looks very exciting. Just a few questions: Why the different Process Fees, Silver, Gold and Platinum? What is the difference? Nowhere on your website can I see what exactly the prices are? Is there only one price and how much is it? On your website it says that Khwezi Financial Services is your preferred broker, does it means that participants can use any broker they like? Also in your 1st post above you say the competition starts 15 March 2016, on your website it says it starts 15 February 2016, which is it and why different dates? Thank...
1. The different process fees caters for traders across the board based on affordability.
Therefore
category 1 equals R10 000 to R50 000 of equity
category 2 caters R50 000+ to R100 000 of equity and
category 3 is 100 000+ of equity

2. Prizes are based on the amount of entries/Competitors and the competition prize will be determined from an amalgamated percentage (%) extracted from the competition earnings.

3. No, Khwezi financial services has to be used to take part in this competition
therefore a username and password will be sent to you after the fica compliance process.

4. Yes the dates have been changed from 15 February 2016 to 14 March 2016. That was the reason for me starting a new thread.

http://www.gsma.co.za/
X-man the legendary conqueror of markets
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