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Weekly Trading Contest 24 Messages in this topic - RSS

Jason Peterson
Jason PetersonIT Director
Posts: 228


7/14/2022
Jason Peterson
Jason PetersonIT Director
Posts: 228
Hello and welcome to the new trading contest, sponsored by IC Markets.

Please feel free to post issues, concerns, likes, or just chat with other participants.
  • Starting balance: $5,000
  • Max leverage: 100:1
  • Maximum trades counts: 60
  • Maximum equity drawdown: 30% DD
  • Trading server: ICMarketsSC-Demo01
  • Any symbols may be traded, including cryptocurrencies, indices etc.
  • 16 cash prizes!!!
Please visit our FAQs page to find the answers to:
Thank you and good luck Thumbs Up
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Clev
Clev
Posts: 1


7/14/2022
Clev
Clev
Posts: 1
How do I login please
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Admin
Admin
Administrator
Posts: 339


7/15/2022
Admin
Admin
Administrator
Posts: 339
Clev wrote:
How do I login please


Hi there Clev! Welcome to our forum.

To compete on our trading contests, you do not need to register a live account with the broker sponsoring the contest. Instead, to participate, you will need only to sign up for a free account with us, and add a prefered payment method (so if you win, we can pay you the cash prize). Registration is free.


When you have registered an account with us, make sure you are logged in and then register for contest 24 here: IC Markets Weekly Trading Contest 24

Please, make sure to read the contest rules and the contest FAQs here: User Guide
Again, welcome and good luck smile

- Angelus
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anas baswedan
anas baswedan
Posts: 27


7/16/2022
anas baswedan
anas baswedan
Posts: 27
icmarket prize 20?
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Ferry
Ferry
Posts: 1


7/16/2022
Ferry
Ferry
Posts: 1
2 or more open position trade in same time are allowed or not sir?
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Admin
Admin
Administrator
Posts: 339


7/17/2022
Admin
Admin
Administrator
Posts: 339
anas baswedan wrote:
icmarket prize 20?



It is not clear what are you asking about. Please check contest rules here https://www.cashbackforex.com/contests/24?tab=contest-rules. If you still have questions please initiate a live chat with us https://www.cashbackforex.com/support?tab=contact-us#chat


- Alina
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Admin
Admin
Administrator
Posts: 339


7/17/2022
Admin
Admin
Administrator
Posts: 339
Ferry wrote:
2 or more open position trade in same time are allowed or not sir?



Yes, it is allowed to have multiple open positions at the same time.


- Alina
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malamut
malamut
Posts: 20


7/19/2022
malamut
malamut
Posts: 20
How oft is resulting in a ranking updating?
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Admin
Admin
Administrator
Posts: 339


7/19/2022
Admin
Admin
Administrator
Posts: 339
malamut wrote:
How oft is resulting in a ranking updating?


Hi there malamut!

It depends really on the broker sponsoring the contest.
Some brokers have a faster conection to our server and could take as little as 5 minutes. Other brokers take a little longer, on average 20 minutes.

So, to avoid dispoointment, let's say rankings are updated every 20 minutes. smile

- Angelus
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Ajoji
Ajoji
Posts: 1


7/19/2022
Ajoji
Ajoji
Posts: 1
Hi kindly check my drowdown.its not over 30%
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Admin
Admin
Administrator
Posts: 339


7/19/2022
Admin
Admin
Administrator
Posts: 339
Ajoji wrote:
Hi kindly check my drowdown.its not over 30%


Hi there Ajoji!

Right, i did check your DD, and unfortunately, it went to 36% (above the 30% max).
On 2022-07-18 at 17:49:06 your account reached an equity peak of 6,433.00.
Then, on 2022-07-18 at 18:55:50 your account dropped to an equity valley of 4,117.00.

Looking at your trading history, I can see that your USTEC big lots went to loss, before closing in profit, and the DD while keeping those positions open, went over the 30% DD rule.

Hope to see you on the next contest, thank you.


- Angelus
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Lewis
Lewis
Posts: 1


7/20/2022
Lewis
Lewis
Posts: 1
Hello,

Is auto trading allowed? I keep popping error code 4112 which seems to relate to the broker blocking auto trades.
thanks.

Lewis
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Admin
Admin
Administrator
Posts: 339


7/20/2022
Admin
Admin
Administrator
Posts: 339
Lewis wrote:
Hello,

Is auto trading allowed? I keep popping error code 4112 which seems to relate to the broker blocking auto trades.
thanks.

Lewis



Hi there Lewis!

Apologies, there was a mistake with the contest 24 rules. Initially, it was stated that trading with EAs was allowed.
Well, it turns out that the IC Markets Demo server used for contest 24 does not support trading with EAs.
The contest 24 rules are now updated:
  • Trading with EA is NOT allowed. EA's will be disabled automatically.

Appreciate your help, and patience. Good luck for the rest of the contest.

- Angelus
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Mame
Mame
Posts: 1


28 days ago
Mame
Mame
Posts: 1
next contest when start?
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Admin
Admin
Administrator
Posts: 339


28 days ago
Admin
Admin
Administrator
Posts: 339
Mame wrote:
next contest when start?



Hello Mame,

New contests are posted weekly, when the new contest is available for registration it will be added here.

You can also sign up to ''receive contest notifications'' in your profile settings, this way you will be notified each time a new contest is announced.


- Yiannis
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Coca Cola
Coca Cola
Posts: 20


28 days ago
Coca Cola
Coca Cola
Posts: 20
25 contest published today ?
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Dave Zequet
Dave Zequet
Posts: 2


27 days ago
Dave Zequet
Dave Zequet
Posts: 2
please answer asap

This contest ends in: 2 days 05:36:42

is that mean contest end on monday market open or this friday market closed?
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Admin
Admin
Administrator
Posts: 339


24 days ago
Admin
Admin
Administrator
Posts: 339
Coca Cola wrote:
25 contest published today ?


Hey Coca Cola.

Contest 25 is now open.
Register here: Vantage Markets ECN Weekly Trading Contest 25


- Angelus
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Admin
Admin
Administrator
Posts: 339


24 days ago
Admin
Admin
Administrator
Posts: 339
Dave Zequet wrote:
please answer asap

This contest ends in: 2 days 05:36:42

is that mean contest end on monday market open or this friday market closed?


Hi there Dave!

Contest 24 is now finished.
You can register for contest 25 here: Vantage Markets ECN Weekly Trading Contest 25

Good luck Thumbs Up

- Angelus
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Dave Zequet
Dave Zequet
Posts: 2


24 days ago
Dave Zequet
Dave Zequet
Posts: 2
Admin wrote:
Dave Zequet wrote:
please answer asap

This contest ends in: 2 days 05:36:42

is that mean contest end on monday market open or this friday market closed?


Hi there Dave!

Contest 24 is now finished.
You can register for contest 25 here: Vantage Markets ECN Weekly Trading Contest 25

Good luck Thumbs Up

- Angelus


thank you
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