Mini Trading Contest

Trade, Compete, and Win - Begins the 1st of Every Month!

Each month over $4000 will be awarded to the top 5 mini account holders with the highest percentage gain. This is NOT a demo contest- this is a live trading competition open to all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.

What makes this contest unique? All prizes are CASH prizes with no restrictions on withdrawing the prize money!

Prior to trading live, it is recommended that you open a Mini demo account in order to become familiar with the FX Trading Station.

How Does the Contest Work?
The contest begins at 5:15 PM EST on the 1st trading day of each month and ends at 4:59 PM EST on the close of the last trading day of the month. The winners will be determined by calculating the highest percentage gain each month. Percentage gain will be based on ending gross P/L (including floating P/L) as a ledger balance against the beginning balance for the calendar month. Winners will be announced by the 10th of the following month.

How Do I Enter?
There is NO registration form or entry fee required. All live Mini Accounts with a minimum balance of $1000 by the 1st of each month are automatically entered in the contest.

Contest Rules
1. CONTEST ENTRY AND ELIGIBILITY
The contest is open to new and existing Mini clients. There is only one entry per account holder or trader. If a trader has more than one Mini account, the account with the greatest percentage gain at the end of the month will be entered in the contest.

2. CONTEST TRADING PERIOD
The contest will begin on the first of each month, and will end on the last day of each month. Open positions need not be liquidated for purposes of determining the winners. Percentage gain will be based on ending gross P/L (including floating P/L) as a ledger balance against the beginning balance for the calendar month. If deposits are made, the highest balance as a ledger against the ending gross P/L.


3. CONTEST TRADING ACCOUNT
Entrants agree to deposit a minimum of $1000 into an Mini Account. Funds may not be withdrawn from the account except upon the Entrant's termination of participation. In order to win the monthly prize, traders must have a minimum balance of $1000 by the 1st of that month.


4. CONTEST TRADING REGULATIONS
The purpose of the contest rules is to ensure that every trader will have the same opportunity for success as other traders. We reserve the right to amend, waive or interpret any rule in its sole discretion when doing so would be in the best interests of the contest.


5. DETERMINATION OF THE WINNERS
Each month the top five traders will be determined as follows: The Mini account will be marked to market on the close of the trading day (4.59 PM New York time) on the last day of the month in order to figure the Entrant's “ending P/L.” For the purpose of the contest results, ending P/L (including floating P/L) will be the ledger balance against the beginning balance. Deposits will be deducted from the ending P/L. The five traders with the highest percentage gain will be determined the winners.


6. USE OF CONTEST FOR PROMOTIONAL PURPOSES
To be eligible for participation in the King of the Mini Contest, all traders must be willing to let their trading record be published and/or distributed by the market maker, its agents, and successors during and after the life of the contest. If the trader chooses not to release his/her trading record he/she will not receive the prize money.


7. COMMUNICATION DELAYS
We shall not be responsible for any delays in the acceptance or transmission of orders due to a breakdown or failure of transmission or communication facilities, or for any other cause beyond their reasonable control or anticipation.


8. NO SCALPING
Entrants may be removed from the contest for employing trading techniques resembling “scalping” or “picking”.


9. NUMBER OF TRADES
Entrants in the contest must trade a minimum of 10 trades (number of tickets) per month. Failure to comply with this rule will result in disqualification.


10. DISENTITLEMENT
Any entrant found in violation of the rules of the contest or applying inappropriate trading strategies may be disqualified.


11. POSTPONEMENT OR CANCELLATION
FXCM reserves the right to extend the trading period, to postpone the starting date until after the first of each month, or to cancel the contest if FXCM, in it its sole discretion, determines that such action is reasonable or necessary. FXCM, in its sole discretion, may reject any Entrant's application for any reason.