To enter a competition, first select the account you’ll use to participate from the slider on the left-hand side of the screen. You’ll see all your accounts on that slider and switching through them will automatically show you whether the account you’ve selected meets the requirements of the competition you want to join or not.

In the competition area you can see all the open and upcoming competitions for both Real and Demo accounts. There, you’ll find the competition terms, the start and end date as well as the 1st prize.

If the competition is already underway, clicking on the competition information card will also reveal more detailed information like the rank and statistics for each participant in the competition.

Yes! You can enter multiple competitions at the same time with different accounts, assuming these accounts meet the competition’s requirements. However, each individual account can ONLY enter one competition at a time.

Performance is calculated using the following formula:

Performance= (Equity (current) — Equity (initial) + W - D)/ (Equity (initial) +D)

Equity (current)= Your equity at every evaluation point, typically every 10 minutes

Equity (initial)= Your equity at the point of entering the competition

D= Deposits that have taken place in the period after joining the competition

W= Withdrawals that have taken place in the period after joining the competition

Your performance determines your ranking in relation to other competitors

Your performance is NOT positively or negatively affected by any deposits or withdrawals you make in your trading account. However it is important to note that a withdrawal can lead to elimination from the competition. You can read more about Competition removal below.

Although it’s not a rule for all competitions, some competitions have multiple tiers, particularly those requiring Real accounts. Tiers are different equity entry criteria for the same competition. For example, competition XYZ has Tier 1, Tier 2 and Tier 3. Tier 1 has an equity entry requirement of $1,000, Tier 2 has a requirement of $500, and Tier 3 has a requirement of $100. The competition is the same however you must have more equity to join Tier 1. Tier 1 would typically have better prizes than Tier 2 and 3.

Competitions are available to both MT4 and MT5 accounts and you are free to use an expert advisor if you wish.

Yes, you can. Performance is calculated based on net equity changes so the P&L of existing open trades is ignored. Change to the P&L in open positions after entering a competition are taken into consideration in the competitors performance.

Ranking is calculated based on the performance of all competitors. At every calculation interval (typically every 10 minutes) the performance of all competitors is calculated and subsequently sorted in descending order. The higher the performance the higher the ranking. Competitors with zero performance due to no trading activity are displayed during the duration of the competition but are excluded from the prizes.

In cases where the competitors share the same ranking, they split the prize for that position.

To see the results of a competition that has ended, click on the ‘Ended’ button and find the respective competition. For ongoing competitions, the results are displayed on the dashboard where all the statistics are displayed.