24Markets Forex Trading Competition 

The 24Markets Forex Trading Competition is a monthly trading event designed for participants who want to evaluate their trading performance in a competitive environment. The competition is open to all traders, regardless of experience level, and operates under real market conditions.

Competition Overview

This trading contest allows participants to compete based on their trading performance and account equity growth during the competition period. It is structured to provide a fair and transparent ranking system.

• Monthly competition cycle
• Real trading environment
• Open to all experience levels
• Performance-based leaderboard ranking

Prize Structure

The competition offers fixed cash rewards to top-performing participants:

• 1st Place: $2,000
• 2nd Place: $1,000
• 3rd Place: $500

Winners are determined based on final equity performance at the end of the competition period.

Last Month Winners

• 1st Place: $2000 – MT5 ID: 50100970
• 2nd Place: $1000 – MT5 ID: 50100845
• 3rd Place: $500 – MT5 ID: 50100969

Competition Rules

The competition follows a fixed monthly schedule and participation criteria:

• The competition starts at 5:00 PM ET on the first trading day of the month and ends at 5:00 PM ET on the last trading day.
• If the first or last calendar day falls on a weekend or market holiday, the competition adjusts to the next available trading day.
• Participants must execute a minimum of 2 lots during the competition period to qualify for ranking.
• A minimum deposit of $100 is required to participate.
• Leaderboard rankings are based on trading performance and final equity.

Participation Process

To take part in the competition, participants are required to complete the following steps:

• Register and verify a trading account
• Enroll in the competition during the active period
• Deposit at least $100
• Trade a minimum of 2 lots before the competition ends

Leaderboard System

The competition includes a leaderboard where participants are ranked based on their trading results. Traders who do not appear in the top rankings can search for their MT5 ID to check their performance.

Reward Distribution

After the competition ends, results are announced at the beginning of the following month. Winners must complete the verification process within five business days by submitting the required documents. Once verified, the prize amount is credited to the eligible accounts.

Trading Experience Requirement

There is no minimum experience requirement for participation. Both beginner and experienced traders can join the competition.

Important Considerations

Participants should understand that this competition involves real trading activity. It is important to review the broker’s terms, trading conditions, and associated risks before participating. Forex trading carries a high level of risk and may not be suitable for all traders.

Conclusion

The 24Markets Forex Trading Competition provides a structured opportunity for traders to participate in a performance-based contest with fixed rewards. With clear rules, defined eligibility criteria, and a transparent ranking system, it serves as a competitive environment for evaluating trading strategies.