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Forex Contest Tradeo

mouado1
Oct 20 2015 at 12:17
1 posts
Good luck for you traders
Ashley Lemmer (FX1973)
Oct 20 2015 at 13:41
12 posts
Guys, is it possible to stick to English for the benefit of most traders? I cannot understand what you are writing.
Find your passion and make it work...
Daniel Phillips (dnlphillips)
Oct 21 2015 at 05:59
1 posts
Can someone please explain in basic terms what this 'contest' is about and how it works? I'm really confused.
foralios
Oct 21 2015 at 06:02
6 posts

The 1st prize $2250 : No withdrawal
The profits gained after trading on the 1st prize can be withdraw after achieving (2,250*15,000)/100,000=337.5 Lots. So 99% No withdrawal
Rigol. (danielsoy)
Oct 21 2015 at 06:05
36 posts
does anyone know whats the intial deposit in this contest?
liberty123
Oct 21 2015 at 09:48
20 posts
I do not want to compete for the wrappers
m14xfx
Oct 21 2015 at 09:53
2 posts
Will not be taking part . the prize is a joke . the terms are a bigger joke / the spreads on the platform are the biggest joke.
I wont be wasting time on a contest arranged by a company that has no regulation of its own, piggy backing of another Cysec Regulated company.

Nuikoklam
Oct 21 2015 at 12:59
6 posts
I want to win OK.
Osiris (MXfour)
Oct 21 2015 at 13:00
20 posts
Ashley Lemmer (FX1973)
Oct 21 2015 at 13:33
12 posts
Me too, it's a competition - want to do well and improve my trading.
Find your passion and make it work...
chigovka
Oct 21 2015 at 13:56
1 posts
Good day to all traders, skilled and not ochen.Chto still possible with the conclusion of the award ???
vushtrri
Oct 21 2015 at 14:16
8 posts
Prize can not be withdrawal. and also profits are semi-impossible to be withdrawal. .... So I will not take part in this contest
rshockney
Oct 21 2015 at 23:49
3 posts
captainreject posted:
Are U.S. traders allowed to compete?

'To receive a funded Tradeo live account your account application will undergo the normal Tradeo account opening process.'

So, yes, U.S. residents may compete but if you win you won't be able to claim your prize since you can't open an account with them (or more correctly, you can't open an account with FXGlobe, the real broker involved in the contest.)

ericnyamu
Oct 22 2015 at 06:01
17 posts
what exactly is going on here ? it says Tradeo contest yet mt4 trading software and demo server are from fxglobe!could you clarify that.Tradeo isnot the most trustworthy broker out there we know
jmusa618
Oct 22 2015 at 06:06
1 posts
I'm a U.S. resident but I'll take part in the contest anyway. What's the starting balance for the contest?
aaaaaaaa (twixx)
Oct 22 2015 at 08:53
3 posts
don_vaskone
Oct 22 2015 at 08:54
1 posts
I checked the rules - https://s3.amazonaws.com/tradeostatic/legal/TTC.pdf

'If the Customer has received an Award not subject to a deposited amount, then                         
the Customer will have to generate a trading volume of 15,000 times the Award                         
amount in the Account in order for the Customer to be able to withdraw profits.'

This means:

1st place - $2,250 USD - 337.5 lots
2nd place - $1,000 USD - 150 lots
3rd place - $550 USD - 82.5 lots
4th and 5th place - $250 USD - 37.5 lots
6th to 10th place - $140 USD - 21.0 lots

'Awards expire if not used by Customers within 60 days, from the date of receiving the                             
Award, to meet the abovementioned Conditions. Upon expiration the Account shall be                      
adjusted to reflect only the deposits made by the Client to the Account. It is in                             
Tradeo’s sole discretion to extend this expiration date. In such an event of extension,                          
it shall be able to terminate and expire the Award at any time and for any reason.'

Wish luck to all participants! For me these rules are too much. As they said - if you are good enough to win the contest, these rules should not be a problem for you!
rshockney
Oct 22 2015 at 23:32
3 posts
ericnyamu posted:
what exactly is going on here ? it says Tradeo contest yet mt4 trading software and demo server are from fxglobe!could you clarify that.Tradeo isnot the most trustworthy broker out there we know

FxGlobe is the broker and Tradeo is an Introducing Broker.
shikedi
Oct 23 2015 at 16:31
1 posts
don_vaskone posted:
I checked the rules - https://s3.amazonaws.com/tradeostatic/legal/TTC.pdf

'If the Customer has received an Award not subject to a deposited amount, then                         
the Customer will have to generate a trading volume of 15,000 times the Award                         
amount in the Account in order for the Customer to be able to withdraw profits.'

That's me out too. I'm not going to bother wasting my time either. Good luck all!
cisc004 (cisc004)
Oct 23 2015 at 16:31
1 posts
Can I use EA for this contest?
Be the king in forex
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