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Discussion of the Forex Contest DNA Markets Forex Contest
Aug 07, 2024 at 16:17
Tham gia từ Feb 19, 2013
6bài viết
dnamarkets posted:samuelsam posted:xian0971 posted:dnamarkets posted:xian0971 posted:
If you're champion and got 3000$ as trading credit but no real balance so you still need deposit 😄 In addition trading credit is useless when your capital is small or else you are very confident with certain pair and place big lot then you only can earn a good income. Btw imma just participate it for fun!
Hi xian0971,
Happy Monday!
While the accounts are being credited with trading funds, you will NOT be required to deposit any money to use them. The only restriction is that you cannot withdraw the credited funds themselves. However, you will be able to withdraw any profits earned from these trading credits from the trades you do.
I hope this clarifies your question, and I look forward to having you in the competition.
Kind regards,
David
DNA Markets
So these trading credits are able to use for trading purpose? When lose it will only decrease the trading credit amount and win will increase the balance for future withdrawment? If so it sounds attractive now.
I have a question regarding the credited funds awarded for winning a trading competition or achieving a certain position in the rankings.
From my understanding, after being declared a winner and receiving the respective credited funds (or position prizes), these credited funds cannot be withdrawn directly. Instead, they must be used for trading on the platform.
My specific queries are:
Credited Funds Withdrawal: Is it correct that the initial credited funds/prizes cannot be withdrawn directly from my account?
Profits from Trading: If I use these credited funds for trading and generate profits, are these profits eligible for withdrawal?
Usage Restrictions: Are there any specific restrictions or conditions on how the credited funds must be used for trading on the platform?
For example, if I win $1,000 in credited funds and use this amount for trading, can I withdraw only the $200 profit I make from these trades while the original $1,000 or I can withdraw everything including the price and the profit.
Please clarify these points to ensure I fully understand the terms and conditions regarding the use and withdrawal of credited funds and any profits made from them.
Thank you for your assistance.
Best regards,
Hi samuelsam,
Great questions.
1 - Credit funds are not withdrawable
2 - Profit from trading with Credit funds are withdrawable
3 - You have no restrictions on how to use the credit funds on the account if you're a winner
4 - If you have $1k Credit funds and you win $200 making your total $1.2k, then you can withdraw $200. The original $1k Credit fund cant be withdrawn, but you can continue to use it.
I hope that answers your questions
Kind regards,
David
DNA Markets
Thanks a lot.
And one last one, if you are not a winner but made some profits from the credit funds, can you redraw the profits made.
And also if you are not a winner can you still trade the credit funds after the contest?
Regards
Tham gia từ Jun 07, 2023
25bài viết
Aug 07, 2024 at 22:55
Tham gia từ Jun 07, 2023
25bài viết
samuelsam posted:dnamarkets posted:samuelsam posted:xian0971 posted:dnamarkets posted:xian0971 posted:
If you're champion and got 3000$ as trading credit but no real balance so you still need deposit 😄 In addition trading credit is useless when your capital is small or else you are very confident with certain pair and place big lot then you only can earn a good income. Btw imma just participate it for fun!
Hi xian0971,
Happy Monday!
While the accounts are being credited with trading funds, you will NOT be required to deposit any money to use them. The only restriction is that you cannot withdraw the credited funds themselves. However, you will be able to withdraw any profits earned from these trading credits from the trades you do.
I hope this clarifies your question, and I look forward to having you in the competition.
Kind regards,
David
DNA Markets
So these trading credits are able to use for trading purpose? When lose it will only decrease the trading credit amount and win will increase the balance for future withdrawment? If so it sounds attractive now.
I have a question regarding the credited funds awarded for winning a trading competition or achieving a certain position in the rankings.
From my understanding, after being declared a winner and receiving the respective credited funds (or position prizes), these credited funds cannot be withdrawn directly. Instead, they must be used for trading on the platform.
My specific queries are:
Credited Funds Withdrawal: Is it correct that the initial credited funds/prizes cannot be withdrawn directly from my account?
Profits from Trading: If I use these credited funds for trading and generate profits, are these profits eligible for withdrawal?
Usage Restrictions: Are there any specific restrictions or conditions on how the credited funds must be used for trading on the platform?
For example, if I win $1,000 in credited funds and use this amount for trading, can I withdraw only the $200 profit I make from these trades while the original $1,000 or I can withdraw everything including the price and the profit.
Please clarify these points to ensure I fully understand the terms and conditions regarding the use and withdrawal of credited funds and any profits made from them.
Thank you for your assistance.
Best regards,
Hi samuelsam,
Great questions.
1 - Credit funds are not withdrawable
2 - Profit from trading with Credit funds are withdrawable
3 - You have no restrictions on how to use the credit funds on the account if you're a winner
4 - If you have $1k Credit funds and you win $200 making your total $1.2k, then you can withdraw $200. The original $1k Credit fund cant be withdrawn, but you can continue to use it.
I hope that answers your questions
Kind regards,
David
DNA Markets
Thanks a lot.
And one last one, if you are not a winner but made some profits from the credit funds, can you redraw the profits made.
And also if you are not a winner can you still trade the credit funds after the contest?
Regards
Hi Samuelsam,
The funds in the competition accounts are in demo accounts and therefore cannot be withdrawn.
Kind regards,
David
DNA Markets
Tham gia từ Jun 07, 2023
25bài viết
Aug 07, 2024 at 22:58
Tham gia từ Jun 07, 2023
25bài viết
Jamesfx3 posted:Staff posted:
This topic is for discussing the DNA Markets ($6000 prize) Forex Contest
Is there a lot size limit for the contest
Hi Jamesfx3,
There is no lot size limit.
Kind regards,
David
DNA Markets
Tham gia từ Jun 07, 2023
25bài viết
Aug 07, 2024 at 23:08
Tham gia từ Jun 07, 2023
25bài viết
AlisonHenrique posted:dnamarkets posted:bach345 posted:
Hi can u give me the link dna market where I can sign up for real account
Hi bach345,
Hope you had a great weekend.
You can use the following link to create an account with DNA Markets: https://portal.dnamarkets.com/en-US/auth/create-account
Kind regards,
David
DNA Markets
se ganhar o concurso e ter que depositar pra retirar o premio , é furada,é injusto
Oi AlisonHenrique,
Sinto muito que você ache que isso é um golpe. Como afirmamos nas postagens anteriores, os vencedores NÃO serão obrigados a depositar nenhum dinheiro para usar os fundos. A única restrição é que os próprios fundos creditados não podem ser sacados. No entanto, você poderá sacar qualquer lucro obtido com esses créditos de negociação.
Atenciosamente,
David
DNA Markets
Tham gia từ Sep 16, 2021
3bài viết
Aug 08, 2024 at 18:39
Tham gia từ Sep 16, 2021
3bài viết
Hello @dnamarkets
If for some reason i didn't make it to the first 10 for the prize, can i still trade the profits for withdrawal?
If for some reason i didn't make it to the first 10 for the prize, can i still trade the profits for withdrawal?

forex_trader_3793183
Tham gia từ Jul 29, 2024
30bài viết
Tham gia từ Jul 24, 2024
1bài viết
Tham gia từ Jul 06, 2024
2bài viết
Tham gia từ Feb 08, 2024
2bài viết
Aug 10, 2024 at 23:21
(đã sửa Aug 10, 2024 at 23:29)
Tham gia từ Jan 06, 2023
3bài viết
Hi @dnamarkets,
Is the demo account only valid for one month?
or are the 10.000$ needed for the next competitions?
Is the demo account only valid for one month?
or are the 10.000$ needed for the next competitions?
Tham gia từ Jun 12, 2020
1bài viết
Aug 11, 2024 at 07:06
Tham gia từ Jun 12, 2020
1bài viết
The matter that am concerning about is, after winning a contest, how do I claim the prize from the broker? And how does the broker deliver the prize to me? Do they require me to open a real account with DNA Market to receive the prize?
Tham gia từ Sep 21, 2011
27bài viết
Aug 11, 2024 at 07:22
Tham gia từ Sep 21, 2011
27bài viết
Any limitation on lot size for each entry? What is the maximum lot size permitted?
Tham gia từ Jun 02, 2024
1bài viết
Tham gia từ Feb 08, 2024
2bài viết
Tham gia từ Jul 17, 2022
1bài viết
Aug 12, 2024 at 07:24
Tham gia từ May 23, 2019
2bài viết
I can't open new order. Trade is disabled.
Tham gia từ Dec 12, 2021
3bài viết
Aug 12, 2024 at 07:35
Tham gia từ Dec 12, 2021
3bài viết
GlunoFx posted:
I can't open new order. Trade is disabled.
It's not time to compete yet.
You can see the time on this page.
https://www.myfxbook.com/contests/dna-markets-6000-prize/46/rules

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