This site organizes Forex trading contests. Here you can compete for cash prizes and more. It is super easy to compete. And there are entry levels for all levels of traders and all sizes of accounts. Founded in 2014 and based in London, they haven’t been around that long yet. But they show lots of promise and are off to a great start as a serious site.
Trading is standardized and is done through the MT4 (MetaTrader4) platform. Which is the most widely used Forex trading platform in the world. Especially for the more advanced individual Forex traders.
This way you can put your skills to the test, but levels the playing ground and gives everybody the same foundation to even the playing field. But the best part is that this system is very easily customized, and thus has limitless options for advanced users trying to give it their all and try to win those contest and earn those cash prizes.
There are a lot of different kinds of contests:
- Free; All contests in this group have no ticket price.
- Warm Up; These are contests which are either free or have a low ticket price. Winners of these contests qualify for contests with much higher ticket prices.
- Low; These contests have a ticket price ranging from 0 – $99.
- Medium; These contests have a ticket price from $100 – $999.
- High; These contests have a ticket price of over $1000.
Other special criteria:
- Duration; The available duration options represent the total duration of each contest from the moment they start.
- Instruments; You can select the instruments that will be trading in the contests.
- EAs; It is possible to select contests where the use of EAs are either allowed or not allowed.
There are also some special contests, whith separate rules:
Big Free, which is perfect for beginners, this contest is absolutely FREE to enter. With nothing to lose, participants have the chance to battle it out to win real cash prizes. $1000 guaranteed prize pool (each week). Participation is entirely FREE. It lasts for only 1 week. And there is a new contest every week. Late registrations accepted within 3 days after the contest starts.
Big Mini, has a ticket price of 6$, dive in Big Mini series of contests with 5000 USD Cash prize every week! Big chances and prizes with only tiny participation fee. $5,000 guaranteed prize pool ($20,000 each month). Ticket price 5$+1$. 1 week contest duration. Contest takes place every week. Late registrations accepted within 5 days after the contest starts
Big Small, is a small 4- Days- Only contest with a big prize and a moderate ticket fee of 11$. Battle your way to the top and be among the winners for a guaranteed cash prize of at least 10,000 USD. $10,000 guaranteed prize pool (each month). Ticket price 10$+1$. 4 days contest (once per month). Registration open 6 weeks in advance. Late registrations accepted within 3 days after the contest starts
Big Big, this contest represents the biggest prize in the Arena as it has an unlimited prize pool, with a ticket price of just $55. $50,000 minimum prize pool. Unlimited prize pool increases as more participants register. 2 week contest. Takes place every month. Push Ups and Top Up purchases allowed in order to boost equity. Late registrations accepted within the first 3 days of the contest’s start date.
All in all this site is very interesting and a good place to find contests and other players of your own skill level to test your forex trading skills against.
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