Discussion of the Forex Contest Valutrades Forex Contest

Croaker posted:
Hello!

I'd like to participate in this contest. I made an account at Valitrades, and here a profile. Downloaded the Metatrader, logged in with the username and password from Valutrades. I added that account to my profile here.

Still, I can't find how can I participate, I can't find my name in the contender's list. I made a test trade, so I have 1 closed trade, too.

What I realised, that the leverage is not1:100, then 1:400, but I can't find how to alter it, or how to make an account with that leverage.

Thank You for the answers!

Hi Croaker, Did you register through the myfxbook website as per the instructions on our website? Please email [email protected]

mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????

Hi. Click on the 'Unsubscribe from this topic' at the top of the screen and you will not receive anymore messages.

tineg posted:
VALUTRADES:
Why are + currency pairs tradeable and normal currency pairs not?
What the heck is the catch?
Why not making normal currency pairs tradeable?

We are only allowing Raw trading on this competition, hence you can only trade on the Raw symbols (+) not Standard.

Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.

PLEASE READ - CONTRACT SPECIFICATIONS - MARGIN REQUIREMENT

For detailed informaiton on contract specifications and margin requirements please go to https://valutrades.com/en/products/
If you have any questions please contact [email protected]

kamal888 posted:

ValutradesUK posted:

ashf posted:
@ValutradesUK
According to rules: deposit 10 000$, leverage 1:100, which mean max open orders 10 lots. how come some account have more than 40 open lots?

All accounts are on the same conditions. If the participant is able to open 40 lots, then it means his account has been profitable and he now has the margin to trade 40 lots.

Maybe this people should learn how to count Margin required first :p

I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????

On the top, left corner of this chat dialogs, it says 'unsubscribe from this topic'

I guess I am not going to trade either.

mnmistry posted:
HOW DO I STOP GETTING EMAIL NOTIFICATION OF THIS VALUE TRADE CONTEST???????????????????????????????????????????????????????????????

Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

Learn how to calculate Margin Requirement:

MARGIN REQUIRED = [ PRICE *( LOTS*Contract size) ] / LEVERAGE

 

Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

Do you know how to calculate lot?
For that oil, it required margin as of around 47 and for capital 10.000 you can open position 212 lot. But this broker only allow maximum 100 lot to trade for this USOil.

ValutradesUK posted:

Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.

He is talking bout the first trade.

pls how can i check the top hundred traders

ValutradesUK posted:

Pinkumaidyforex posted:
I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

Hi. The participant is up 65% hence, his margin and available to trade is higher, that is why they are able to open larger trades. Every participant is on the same conditions.

check his first trade was 100.00 lots it is impossible with a 1:100 leverage
100% cheating running here

I think here is running cheating.
If not how a trader can open his first trade with 100.00 lots ???

Please everyone check this users trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

He opened his first trade 100.00 lots. It is just impossible with a 10k account with 1:100 leverage.

Does anyone get 'Trade is disabled'?

kamal888 posted:

ValutradesUK posted:

ashf posted:
@ValutradesUK
According to rules: deposit 10 000$, leverage 1:100, which mean max open orders 10 lots. how come some account have more than 40 open lots?

All accounts are on the same conditions. If the participant is able to open 40 lots, then it means his account has been profitable and he now has the margin to trade 40 lots.

Maybe this people should learn how to count Margin required first :p

How first trade someone opened in 100 lot. how come ?? Cheating...??

@admin, Pinkumaidyforex is right that was a 1st trade @100.00 lots... Your response 'The participant is up 65% hence, his margin and available to trade is higher' doesn't make sense at all,??? up 65% before competition started!!?

trading history :
https://www.myfxbook.com/members/drgee0/contest-drgee0/1614726

He opened his first trade 100.00 lots. It is just impossible with a 10k account with 1:100 leverage.

Why are you continuing talking NONSENSE ??????
That 100 lot trade was not the first but the LAST trade opened by him.

Why don't you just trade your account ????!!!!!
😈