Discussion of the Forex Contest Squared Financial June 2015 Forex Contest

Some contest accounts are with 1:100 leverage and some with 1:200 >>>> NOT FAIR

Pannik posted:
I am here again.
I want to use a HFT.
Good Luck to all.

😁

It's not worth it to answer you sorry

Hi everybody,
contest will start today,
I am exited, it is my first contest.
Hope I will perform good.
Best of luck to all my fellow participant.

😄😄

ravis posted:
Are USA residents allowed? YEs many USA sign here..

daniel6767 posted:

MrRoyce posted:
prince:please, i want to be sure of the 300 tread contact in the contest. My question is this, is it a minimum of 300 lot size in total or 300 treads?

An operator has not yet connected. Don't worry, an operator will be by shortly! When they connect, they'll see all the messages you've sent so far.

Tillek Munnsad has joined the chat!
Tillek Munnsad:Hi prince. One moment please
prince:ok
Tillek Munnsad:By 300 contracts we mean 300 trades
Tillek Munnsad:Are you new to trading or have you got experience?
prince:well not so new
Tillek Munnsad:Ok just to let you know that we cannot open accounts for retail clients. Even if you win the competition
Tillek Munnsad:We only onboard professional clients
prince:but for one to win a competition of about 2000 contestant is it not enough to say he or she is a professional
Tillek Munnsad:You will need to pass the professional criteria
Tillek Munnsad:Natural persons must fulfil at least two of the following criteria to be classified as a professional, and avail of our services.

1. Have you worked in a professional capacity in relation to financial markets ? If yes, please explain.

2. Have you executed at least 10 trades on average per quarter? Over the past 12 months?

3. Is the value of your combined portfolios in financial markets greater or equal to 500,000 EUR?
prince:ok thank for your in for at least no need to west my time on it.
Tillek Munnsad:Yes it's best to know
Tillek Munnsad:You're welcome
Tillek Munnsad:Have a great day. SO IF YOU ARE NOT A PROFESSIONAL WITH MANY YEARS OF EXPERIENCE THIS CONTEST ID NOT FOR YOU EVEN IF YOU WIN

so, it is useless to join the contest?

This is totally unfair! I read the rules many times and there wasn't anything like that. Competitors, BE AWARE! If you are not professionals, you are not getting your win and you can not open a real account later. Totally pointless to take part of this competition.

Hi daniel6767,

Just to confirm as part of the contest rule:

'Minimum volume over duration of contest 300 contracts (150 closed lots)'

iam ready to be winner.. good luck all :D

Cant login. It Keeps saying invalid account. Registered yesterday..was i too late??

ydpm posted:
how Contest - phuong799 became first to gain 100% without no trades, got deposit of 20000 and how it calculate as 100 gain?

is the work of the Chinese mafia

Why this account has 2 deposits
He is No. one now due to this weired transaction
https://www.myfxbook.com/members/phuong799/contest-phuong799/1252196

no working eas?

In the rules there is this :

Each participating demo account starts with a $10,000 balance and a 100:1 leverage.

Did anyone actually checked with previous contest winner whether they had received their prize?

Each participating demo account starts with a $10,000 balance and a 100:1 leverage.

welll no open operations EA bad bad bad service

EVERYONE READ THE BELOW **CHAT HISTORY** AND STOP WASTING YOUR VALUABLE TIME ON THIS SHITTY CONTEST:

 Chatting with London Sales.
An operator will be right with you!
Vinayak:HI
London Sales has joined the chat!
London Sales:Hello and welcome to Squared Financial. How can I assist you today?
Vinayak:I have a query with reference to contests that is being currently held on myfxbook
London Sales:sure
Vinayak:Is that contest open for all ?
Vinayak:I mean does one need to be a professional trader
London Sales:yes as long as they qualify to open a live account
Vinayak:What qualification is needed to open a live account ?
London Sales:main is trading experience and understanding of risks
London Sales:plus either of the two below
London Sales:1. working in financial markets
London Sales:2. financial assets over 500k
Vinayak:Ok.
Vinayak:And what if someone doesn't meet any of the criteria ?
Vinayak:If someone is just a retail trader ?
London Sales:if it is not even trading
London Sales:then sorry we cannot
London Sales:also our minimum is $5000
Vinayak:Are you trying to say that if a retail trader wins the contest but doesn't meet any of the qualifications then he won't be given the prize amount ?
Vinayak:??
London Sales:correct
Vinayak:Then why it's not mentioned anywhere in the contest rules ?
London Sales:It is
London Sales:it did say you will need to open a live account
Vinayak:Anyway, thanks alot you saved me from wasting my valuable time.
London Sales:you are welcome

Forexmanager9 posted:
EVERYONE READ THE BELOW **CHAT HISTORY** AND STOP WASTING YOUR VALUABLE TIME ON THIS SHITTY CONTEST:

 Chatting with London Sales.
An operator will be right with you!
Vinayak:HI
London Sales has joined the chat!
London Sales:Hello and welcome to Squared Financial. How can I assist you today?
Vinayak:I have a query with reference to contests that is being currently held on myfxbook
London Sales:sure
Vinayak:Is that contest open for all ?
Vinayak:I mean does one need to be a professional trader
London Sales:yes as long as they qualify to open a live account
Vinayak:What qualification is needed to open a live account ?
London Sales:main is trading experience and understanding of risks
London Sales:plus either of the two below
London Sales:1. working in financial markets
London Sales:2. financial assets over 500k
Vinayak:Ok.
Vinayak:And what if someone doesn't meet any of the criteria ?
Vinayak:If someone is just a retail trader ?
London Sales:if it is not even trading
London Sales:then sorry we cannot
London Sales:also our minimum is $5000
Vinayak:Are you trying to say that if a retail trader wins the contest but doesn't meet any of the qualifications then he won't be given the prize amount ?
Vinayak:??
London Sales:correct
Vinayak:Then why it's not mentioned anywhere in the contest rules ?
London Sales:It is
London Sales:it did say you will need to open a live account
Vinayak:Anyway, thanks alot you saved me from wasting my valuable time.
London Sales:you are welcome

mmm...min 5k to open live acc, so if someone win 1st prize 3.5k he need to added 1.5k to get the price wtf!

Forexmanager9 posted:
EVERYONE READ THE BELOW **CHAT HISTORY** AND STOP WASTING YOUR VALUABLE TIME ON THIS SHITTY CONTEST:

 Chatting with London Sales.
An operator will be right with you!
Vinayak:HI
London Sales has joined the chat!
London Sales:Hello and welcome to Squared Financial. How can I assist you today?
Vinayak:I have a query with reference to contests that is being currently held on myfxbook
London Sales:sure
Vinayak:Is that contest open for all ?
Vinayak:I mean does one need to be a professional trader
London Sales:yes as long as they qualify to open a live account
Vinayak:What qualification is needed to open a live account ?
London Sales:main is trading experience and understanding of risks
London Sales:plus either of the two below
London Sales:1. working in financial markets
London Sales:2. financial assets over 500k
Vinayak:Ok.
Vinayak:And what if someone doesn't meet any of the criteria ?
Vinayak:If someone is just a retail trader ?
London Sales:if it is not even trading
London Sales:then sorry we cannot
London Sales:also our minimum is $5000
Vinayak:Are you trying to say that if a retail trader wins the contest but doesn't meet any of the qualifications then he won't be given the prize amount ?
Vinayak:??
London Sales:correct
Vinayak:Then why it's not mentioned anywhere in the contest rules ?
London Sales:It is
London Sales:it did say you will need to open a live account
Vinayak:Anyway, thanks alot you saved me from wasting my valuable time.
London Sales:you are welcome

so it time to bust their demo account