The Tournament is a trader’s competition where you can show your trading skills and get a prize according to the place you took.
The tournament is not usual trading we are used to perform. It is a competition, with time frames, rules, and contenders. So you have to work hard and show everything you’ve learned before. And the tournament is exactly the best form for trader’s self-expression and development because of that very competitive moment - we all want to prove everyone that we are the best, don’t we? ;)
As it was mentioned before, the Tournament is not an easy, comprehensive trading we got used to doing - you should be able to take risks. However a prize will be a solid jackpot. Each tournament’s award can be fixed or be formed out of money participants spend on it.
So, what do you need to do to participate? Well, first of all, you should press the "Join" button on a page with the list of tournaments or any other page in order to sign up for a tournament. Also, you should possess the sufficient amount of money on your real account to cover a participation fee.
Of course, there will be many different tournaments with different prizes, rules, and participants. We are about to create the tournament area where everyone will be able to find the most suitable match. You can always see the list of the Tournaments here:
Click on “Learn more” to find all interesting information about each competition.
The “Active” tab will give you the information about all tournaments, which are going to start or already in process, “Finished” will give you the information about finished ones. To see the list of competitions you joined before or to see the current situation there you should go to “My Tournaments”.
We will have both free and fee-based tournaments. A free tournament can be not only the way to start trading using general strategies but also the way to try your luck and earn money for your real account. Who knows, maybe one of our tournament can give a start to a successful trader. Experienced traders will be more interested in fee-based tournaments with significant prizes. It is the best way to earn big money and to prove themselves and everyone that you are really good at this business.
Rules are very simple. The user should take part in the tournament using a special tournament account. A tournament account is an account, which becomes accessible after the beginning of a tournament in case you've registered in it. You perform deals using a virtual currency named "Tournament coins" while participating in a tournament. You may switch to your tournament account on a page with the list of your accounts on the platform. Every trader can take part in several tournaments.
It’s not a big deal if at first you will be out of your tournament money. In tournaments, you may only spend real funds for a participation fee or for buying extra tournament coins. Buying is a process of increasing your tournament account balance via purchasing extra tournament currency. Buying is only possible if the amount of money on a tournament balance and the amount of money in opened deals is no more than the amount mentioned in the tournament rules.
Soon we will tell you why tournaments are not only a good trading practice, but also an excellent opportunity to earn money.