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Sumo Tournament is a quarterly competition lasting approximately 3 months. This tournament effectively hones your trading skills.

Objective

Create conditions for the Vietnamese trading community to gradually get acquainted with world-class trading standards and move towards a long-term professional path. We are organizing the Forex Championship for all traders in Vietnam.

Unlike other competitions that are based solely on the number of trading lots or short trading times, where many traders primarily aim to manipulate prices to win prizes or some traders pump in a lot of capital to gain an advantage over smaller accounts or manipulate prices and hold positions until the end of the competition to receive awards. With a very specific profit calculation formula based on the investment amount, if you pump in more capital, you must achieve profit on that capital – this is not necessarily an advantage. Through this competition, you will build a standard trading system and manage capital safely.

The competition rules are based on the standards of the world championship. Any trader who passes this competition will have the potential to participate and win on the world stage.

The content advisor of the competition is Mr. Hoang Ngoc Son – World Runner-up 2018.

This competition has no entry fee, so the opportunity is available to all traders. If you want to test your skills in this field, register now.

This competition will determine your level in the Vietnamese Forex market.

If successful in this tournament, your name will be widely known, making it easier for you to build your investment fund.

Champions will be permanently recognized on the website.

Since this is the first competition, there may be few participants, so you can easily win. Register quickly.

Participants

For all traders in Vietnam over 18 years old.

Participation Rules

1. Open an account as instructed.
2. Share the competition website on your personal Facebook page once a week.
3. Traders must trade for at least 9 weeks to be eligible for prizes.

Profit Calculation Method

Net Profit = (Profit / Investment Capital) * 100%

Explanation:

Profit = Equity at the time of calculation minus Investment Capital

Investment Capital: Total margin amount.

The leaderboard will be updated daily.

The leaderboard includes the top 10 traders with the highest profits.

Competition Time

• Registration: October 15, 2021 – November 15, 2021
• Competition: November 16, 2021 – February 15, 2022
• Minimum participating account: 200 USD.
• Account leverage: 1:100.
• The leaderboard will be updated at the end of the day.

Awards

• First Prize: iPhone 13-128 GB + Championship Cup
• Second Prize: Samsung Galaxy S21 5G + Runner-up Cup
• Third Prize: Samsung Galaxy A52 5G + Third Place Cup
• Fourth Prize: 300 USD
• Fifth Prize: 200 USD

Note: Prizes will increase if there are more sponsors.

Competition Sponsor

Leading Broker

To support contestants to achieve the best results in the Quarterly Championship, Mr. Hoang Ngoc Son sponsors the following valuable gifts:

1. Sponsorship for the course “Conquer the Forex market with World Runner-up 2018”. Value: 199 USD.
2. Free Forex signal package for contestants. Value: 150 USD.
3. Full sponsorship of all prizes for the Forex Championship.

The prize calculation rules are based on the following criteria:

• Minimum trading time is 9 weeks.
• Highest net profit.
• In case of equal net profits, the trader with the higher trading volume will rank higher. 1 Lot (Commodities, Cryptocurrency, Indices, Stocks) = 0.3 Lot (Gold, FX).