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The Way of the Samurai

Forex trading can be stressful and nerve-racking. You may have the best strategy, but when you get overwhelmed by emotions, you can digress from it. Statistics show that traders are too quick to exit a profitable trade and tend to hold onto a losing trade longer than they should. This contest will help you develop self-discipline and improve your personal trading.
Why waste your time on a multitude of hasty trades, when your goal is to make a steady 10-15% profit per month?

BASICS:

  • 1. Account Type: real STP/ECN trading account in US Dollars
  • 2. Frequency of competition: monthly
  • 3. Duration: one month
  • 4. Prize fund: 200 USD
  • 5. Participation rules: fund your trading account with 100 USD (+/-10%) and fill in the form on the competition page

GENERAL PROVISIONS:

  • The name of the competition is "The Way of the Samurai" (hereinafter referred to as The Competition).
  • The duration of the competition is monthly (hereinafter - the period of the competition).

Bonus terms

  • Financial instruments: EUR/USD, GBP/USD, AUD/USD, USD/JPY, USD/CHF
  • By the end of the last week of the month, all trades in the competition account must be closed (including pending orders).
  • The size of each order must be 0.01 lot.
  • Participants are not allowed to have more than 1 open position in one currency pair at the same time.
  • Each trade must be closed with a profit or loss of at least 300 pips.

DEFINING THE WINNER:

The winner is the participant who receives the most pips when closing a profitable trade during the competition
The prize will be credited to the Winner's TenkoFX trading account (typically within 24-48 hours on business days after the end of the Competition)

HOW TO RECEIVE THE PRIZE:

  • To receive the prize funds, the Winner must verify his/her account within 30 days after the Competition results have been announced.
  • The prize money can only be used for trading and cannot be withdrawn. However, the profit from trading can be withdrawn at any moment.
  • Prize money will be deducted from the Winner's trading account automatically upon making a withdrawal request.

LIMITATIONS:

  • Participants of the Competition must provide true personal information.
  • One trader cannot participate in the Competition on more than one trading account or by managing (trading in) other people's accounts.
  • Family members and relatives cannot participate in the Competition from the same computer.
  • Participants cannot withdraw funds from their accounts until the end of the Competition.
  • The use of trading robots and automatic trading systems is prohibited.

ADDITIONAL TERMS AND CONDITIONS:

TenkoFX reserves the right to exclude certain participants from the Competition, change the rules of the Competition, change the amount of prize money and the conditions of defining the Winner at its own discretion and at any moment of time.

Trading Account:

JOIN THE NEXT ROUND

By clicking the button, you agree to be bound by the promo terms

Until the end of the competition:

11

days

23

hours

CURRENT PARTICIPANT

Trading Account Equity Pips
HISTORY OF PROMOTIONS
All records of past rounds and winners are available here