IronFX’s Global Trading Race will take place over 3 months from 17 October 2022 until 31 January 2023.
Traders will have the opportunity to put their trading skills to the test to win luxury cars and cash prizes from a huge prize pool of $500,000!
There will be 3 rounds, with 11 winners for each round. That’s a total of 33 winners.
For each round, the 1st winner will win a luxury car while the other 10 winners will receive cash prizes.
To enter the Global Trading Race, you will need to deposit the required minimum amount for each round and also open a new trading account to participate in each round.
|Dates||Round 1||Round 2||Round 3|
|Start||October 17, 2022||November 17, 2022||December 17, 2022|
|End||November 16, 2022||December 16, 2022||January 31, 2022|
All New and Existing Clients
- Prizes: The traders with the highest % of profit at the end of the competition will win cash prizes from a huge prize pool of $500,000.
|Phase||Number of Winners||Minimum Deposit||Prize Pool||Award Prize|
|1st round||11||$750||$100,000||– 1st Winner – Luxury Car worth $60K (2022|
Tesla Model Y).
– Next 10 Winners – $4K in cash prize each.
|2nd round||11||$1,000||$150,000||-1st Winner – Luxury Car worth $70K (2022|
Maserati Levante SUV) + $20K in cash prize.
– Next 10 Winners – $6K in cash prize each.
|3rd round||11||$2,000||$250,000||– 1st Winner – Luxury Car worth $100K (Porsche|
Panamera Platinum Edition) + $50K in cash
– Next 10 Winners – $10K in cash prize each
- By winning a Competition prize, the winners accept that they will participate in various promotional events that IronFX can publicize freely on various venues. Promotional events include, but are not limited to, interviews, photos, listing announcements of their full names, nicknames, country of origin, prizes received, etc.
- The Competition winners will be determined as per the below factor(s):
Winning Formula: (Net Profit / Deposits) x 100
- The winners will be those with the highest profit percentage on the closing of the market on the last day of each phase of the competition.
- Net Profit stands for Realized and Unrealized Profit and Loss.
- Deposits stand for the total amount deposited during the Competition phase period.
- Example A:
– Total Deposits for the period: 7,500 USD
– Net Profit for the Period: 12,000 USD
– Profit % = (Net Profit / Deposits) = (12,000 / 7,500) x 100 = 160%
- Example B:
– Total Deposits for the period: 25,000 USD
– Net Profit for the Period: 50,000 USD
– Profit % = (Net Profit / Deposits) = (50,000 / 25,000) x 100 = 200%
How to join Global Trading Race Competition:
- Open a competition trading account;
- Deposit the required minimum amount for each round;
- Start trading to achieve the highest profit %.
(Read Terms and Conditions)
- For the award prizes to be added to the winners’ trading account, the winners will have to:
a. Meet and must have already passed the IronFX’s compliance procedures and checks; and
b. Provide a detailed report of his/her Competition trading account when and if requested by IronFX.
- IronFX will announce the winners of the Competition within 30 days of the completion of the Competition.
- For the purposes of the Competition: Prize winners will be awarded based on the profit percentage.
- The winners will be able to withdraw the cash prize from their Account, subject to any amounts due to IronFX.
- Luxury car prizes mentioned in the above table are provided by 3rd party vendor and may be subject to change. IronFX bears no responsibility and is not liable for the same. Under specific circumstances where there is no availability or if the client prefers, winners may be provided with a cash equivalent amount of the luxury car prize, which will be added to the winners’ trading account.
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