🎁 XGLOBAL FX | Forex Battle Competition



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  • Link: Forex Battle Competition from XGLOBAL FX

  • Available to: All traders

  • Contest dates: February 15 - February 26, 2021
  • Registration open: till February 26, 2021
  • Duration: 2 weeks
  • To participate: Register a demo account for the contest

  • Prizes: 1,000 participants are guaranteed to win a prize!

    1st place – 3000 USD
    2nd place – 2000 USD
    3rd place – 1000 USD
    4th place – 750 USD
    5th place – 500 USD
    6-10th places – 250 USD
    11-100th places – 50 USD
    100+th places – 30 USD
  • How to get: End with the highest equity. To receive prize money a winner needs to open and validate a real trading account so prize money can be credited.

  • Withdrawal: Prize money can be withdrawn after completing 1 round trip lot for every 2.50 USD to be withdrawn.
  • Other conditions: All normal strategies and Expert Advisors are allowed.

Comments:

look

February 18, 2021

There is no arrangement ............ as if you were walking in the dark ..... a scam


Matrix

February 13, 2021
5

I have joined the contest. 40k $ in prizes, thats very good.


XGLOBAL FX Official

February 8, 2021
5

Dear Contestants,

Since there is some discussion around contest term 7 in the below thread I would like to point out that any winnings produced from trading prize money can be withdrawn in full anytime and without any limitations. In addition, prize money can be withdrawn in full once a certain amount of volume has been traded.

We tried to make it a fair contest with plenty of opportunity for many. Should anyone have any questions we will be delighted to answer them here or you can call us on +44 2030341433 or email [email protected]

Look forward to seeing you in the contest.

Best regards,
Alex - XGLOBAL FX Official Support


XGLOBAL FX Official

February 8, 2021
5

Dear Contestants,

This is XGLOBAL FX client support and I can answer any questions you have about the contest. I can see there is some discussion about the withdrawable amount. I am very happy to clarify to anyone interested.

A few critical points and answers:
1. We will give a prize away to 1,000 participants. Therefore, a lot of people will win. The biggest winner will be $3,000 USD and the smallest will be 30 USD.
2. Winnings will be depositing to real trading accounts. The winnings are withdrawable but it is correct that participants need to trade 1 round trip lot for every 2.50 USD they want to withdraw. There is no time limit on how long they have to produce the volume. We feel this single restriction is fair based on the fact we have a 40k USD prize fund and 1,000 people will win. There is plenty of chance to win, trade and withdraw funds without depositing anything!
3. The spreads are low.

We wish everyone the best of luck in this contest. If anyone has any questions please let us know.

Best regards,
XGLOBAL FX Official Support


CR

February 8, 2021
1

@PotentialContestWinner, like I said...winner trade with Prize, for every LOT they will get $2,5 So, this is "typical" rebate from various broker. In another word, full of sh**... :-p


PotentialContestWinner

February 6, 2021
3

Now I have got the T&Cs, but no. 7 is still unclear; it should be explained further with clarification. Because will the $2.50 be still withdrawn even a participant closed the open position in a loss. Please all these need clearance.
The T&Cs are as follows:
Terms and conditions
Accounts that have the highest equity at the end of the competition win, in descending order from highest equity to lowest.
1,000 participants are guaranteed to win a prize.
Starting demo balance provided for the contest will be 50,000 USD.
Only one account per individual.
To enter the demo contest each trader needs to fill out the registration form, then open an MT5 demo account (email and mobile phone number need to be verified).
To receive prize money a winner needs to open and validate a real trading account so prize money can be credited.
Prize money can be withdrawn after completing 1 round trip lot for every 2.50 USD to be withdrawn.
Account leverage will be set to 100:1 for all participants.
All open orders need to be closed before the end of the competition or they will closed automatically
One IP address per account.
All normal strategies and Expert Advisors are allowed.
Hedging between two or more participating accounts is not allowed.
XGLOBAL reserves the right to disqualify any contestant that violates its terms and conditions, or is suspected to be cheating.
Results will be posted on our website and other websites for advertising purposes. Personal details will be kept confidential.
Prizes may be limited to 50 per country.


PotentialContestWinner

February 6, 2021
4

Well, so far the participants are not depositing money, being a demo contest, certain prices must be paid, and it includes these series of long cluster trading.. after winning the contest the winner has to begin another marathon of trading and the winner must be "completing 1 round trip lot for every 2.50 USD to be withdrawn". Fine, anyone who desires money must work to merit. This is how it's designed here! Although it is a bit tailored to be too demanding; anyone trader who wants to develop his/her trading knowledge and also wishes to make money must apply and pay their price. In my own case, I am ready for it.
However, the terms and conditions for the withdrawal are not explicitly stated. What is meant by "completing 1 round trip lot for every 2.50 USD to be withdrawn"? Is it that when 1 lot size is traded one can withdraw $2.5 and when 10 lots size is completely one can withdraw $25, and so on? In that case what condition is given to make a "completing 1 round trip lot for every 2.50 USD to be withdrawn" Will that "1round trip lot" be based on a certain period to closed or a certain amount to gain before it can be counted as "1round trip lot"? We don't know yet...! No online representative agent to chat with to properly find out. Or maybe they will make it clear to the participant before the start of the contest on February 15. We are awaiting their response.


BabyBD

February 4, 2021

I f** this contest. Never anybody wast your time to this contest. Very scam.


CR

February 4, 2021

So, this is about "rebate"????!!!
ha...ha...





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