The XTB Live Trading competition has started!
Today at midnight the second edition of the XTB Live Trading competition took off. The winners will be the best traders from all over Poland who, investing their real funds, will compete for the total prize pool in the amount of 60 000 PLN. The event is organized by the brokerage house X-Trade Brokers.
Formula of the competition
This is not a typical competition that we have dealt with many times. First of all, each participant must start trading with a real deposit of 10 000 PLN. The struggle of traders can be observed on a regular basis dedicated contest website. Each investor has his own profile with his account balance, open positions, historical transactions, as well as performance statistics. Trading takes place on the web platform - xStation 5 (read it: Review of the xStation xNUMX trading platform).
In the second edition, due to the large interest, it was decided to create entries that are open to everyone. 70 people have been qualified to participate in the competition.
The competition will last 9 days - the rate of return will decide about reaching the top ten. But it doesn't stop there. The rules of the competition have been created in such a way as to eliminate the risk and chance factor in the competition and increase its educational value for active observers.
Maximum allowed drawdown (margin slip) on the account was set at 40%. In a situation where the value of the operating balance on the account drops below 60%, the participant will be automatically excluded from the game.
The Grand Final in Warsaw
The end of the competition will take place during the conference XTB Trading Masterclass on Friday, May 19 in Warsaw. During the Grand Final, the top 10 participants with the leader who achieves the highest rate of return will receive the main prize of PLN 40. The second place will be awarded PLN 000, and the third - PLN 15.
Participation in the conference is FREE and FREE - registration required!
He also tries to compete in the competition XTB ambassador Grzegorz Krychowiak.