Nowadays, the opportunity to get a free demo account from funding companies is easier than ever, with many monthly competitions being organized. And now, there's one more competition we can't miss.
1. Awards
The contest prize structure is as follows:
The FundedNext trading competition offers exciting prizes to participants based on their performance. Not only the top 100 traders but the top 600 traders on the leaderboard have a chance to win rewards. Check out the image below to see the prize pool and get motivated to compete for your share of the prize.
– First Prize: Stellar 2-Step Account 300k + $7,000
– Second Prize: Stellar 2-Step Account 200k + $3,000
– Third Prize: Stellar 2-Step Account 100k + $2,000
– Fourth Prize: Stellar 1-Step Account 50k + $1,000
– Fifth Prize: Stellar 1-Step Account 50k + $1,000
– 6th to 10th Place: Stellar 1-Step Account 50k + $300
– 11th to 20th Place: Stellar 1-Step Account 25k + $200
– 21st to 70th Place: Stellar 1-Step Account 15k
– 71st to 100th Place: Express Consistency Account 15k
– 101st to 600th Place: Traders will receive a raffle ticket. Among them, 50 winners will receive a Stellar 1-Step Account 6k.
Note: All accounts in the prize are challenge accounts, meaning you need to successfully pass through 1 to 2 evaluation rounds to receive a funded (live) account.
2. Contest account
You register completely free
After registration, you will receive an account with a capital of $100,000.
The account has a commission fee of $3/lot for Currencies, Commodities and commission-free for Indices.
In particular, the account has no Swap fee.
Time
Contest registration time: 20 days before
Contest period: starting from the first day of the month to the last day of that month.
For example:
The June contest will start from June 1 to June 30
3. Trading rules
Register an Account: Each participant is only allowed to register one account with a unique email address and IP address. Registering multiple accounts will result in disqualification from the competition.
Maximum Daily Loss: The daily loss limit states that you are allowed to lose up to 5% of your initial account balance on any given day.
Maximum Total Loss: 10%
EA: Not allowed
Minimum Trading Days: 5 days
Mass Size:
- 5 lots for Forex pairs
- 3 lots for Indices
- 3 lots for Cryptocurrencies and Commodities
Maximum Number of Positions: 5
Trading news is allowed.
Holding trades overnight and over the weekend is allowed.
Example:
You are allowed to open the following trades simultaneously:
#1.
- 5 lot EURUSD
- 5 lot GBPUSD
- 5 lot EURJPY
- 3 lot US30
- 3 lot XAUUSD
Total number of transactions is 5.
#2.
- 5 lot EURJPY
- 5 lot GBPJPY
- 5 lot USDJPY
- 5 lot CADJPY
- 5 lot CHFJPY
Total number of transactions is 5.
#3.
- 0.01 lot GBPUSD
- 0.01 lot GBPAUD
- 0.01 lot GBPNZD
- 0.01 lot EURUSD
- 0.01 lot XAUUSD
Even if you have not exceeded the maximum trading volume, you will be limited to opening 5 trades at a time.
4.Instructions for registering to participate
To register to participate in the contest, click here
The website interface appears as follows:
Here you fill in your name, email, select Vietnam country, and set a password.
Select to agree to the terms, then click “REGISTER“
If you register successfully, you will receive an email from FundedNext with the subject: FundedNext – Welcome ….!
Next, click here to log in: https://app.fundednext.com/login
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At the control panel, you operate as follows:
1. You select the Competition tab
2. Select the Upcoming tab
3. Click Register
After successful registration, you will receive an email from FundedNext sending contest and account information.
In that email, find the Login Credentials section
Contest accounts are traded on the MT5 platform, to download Eightcap's MT5, click here.
You use your contest account information to log into the MT5 software and wait until the contest starts to be allowed to trade.
How to view the rankings while the competition is in progress
In the Competition tab of the dashboard, select:
1. Inprogress
2. Profile
Next, you select the "Leaderbroad" tab, here you can follow the Traders who are leading the competition at the present time.
Above is all the information about the FundedNext monthly contest. If you have any questions, please leave a comment below.
Don't forget to share this opportunity with your loved ones!
Don't forget to join the Vietnam Trade Fund community to receive valuable shares from ace Trade Fund.
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CONTACT US
If you have any questions or concerns, please contact us via the following information:
- Email address: tradequyofficial@gmail.com
- Điện thoại: +84925.012.777 - +8429.9999.3333
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