FXCM | Forex Trading South Africa Contest

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FXCM | Forex Trading South Africa Contest

Why FXCM Contest?

By taking part in forex demo contests not only you can judge your skills but also you can earn real money or bonus prizes. Most demo contests are free to join so any trader can take part in them without any real money deposit.

Win up to $500 prize by taking part in this FXCM contest now.

  • Link: Forex Trading South Africa Contest by FXCM

  • Broker: FXCM

  • Contest Type: Real

  • Prizes:
    1st Prize: $500
    2nd Prize: $250
    3rd Prize: $250
    4rth - 10th Prize: $100 each(FXCM APPS STORE COUPON)

  • Duration: 1 Month

  • Other Information:

    Be the top South African forex trader and win cash prizes or FXCM apps store coupons. You can trade on bitcoin, forex, stock indices, and commodities during the contest. You can trade on any available trading platform. The broker is giving dedicated support and a financial market specialist team for their South African traders. You can trade with a maximum leverage of up to 1:400.

    To be eligible for the FXCM Africa Trading contest, you must be over 18 years of age. You must need to have an active trading account with FXCM. This promotion is available for both new and existing clients. This promotion is only available for the residents of Angola, Botswana, Gambia, Ghana, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Swaziland, Tanzania, Uganda, and Zambia under FXCM South Africa (PTY) LTD. The participant account must have an equity of $500 at the start of the contest. You do not need to register manually for the contest. If your account equity is $500 or more during the contest month you will be registered automatically.

    Forex trading is very much famous in South Africa. There are many millionaire forex traders from South Africa. If you are a resident of any African country, you have the opportunity to show your skills and win a cash prize of up to $500 in a month.  Only one prize per month is allowed per trader. To receive a prize from any given month, the eligible trader must need to complete a minimum of ten orders regardless of trade size, during such month. Each month the contest winners will be determined by the following formula:
    (End of Month Equity - Beginning of Month Equity - Deposits) / 
    (Beginning of Month Equity + Deposits) X100

    The company reserves the right to change update or extend the contest duration of each month at any time. FXCM also reserves the right to disqualify any participant, if there is any suspicion of mistrust or abuse of promotion terms.

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