EA's are allowed in the competition since Valutrades has no restrictions in using EA's on live accounts even those that are scalping. I am sure there are some pretty talented EA builders that will be high up the leader board but in a month someone who takes a view keeps on that direction for a month could also make some big returns position trading.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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