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The Kimono Tournament is a monthly event. The tournament duration lasts approximately one month. This tournament helps you to develop discipline and build your own standard trading system. 

Purpose

To enable the Vietnamese trading community to gradually become familiar with global trading standards and aim for a long-term professional path, we are organizing the Forex Championship for all traders.

Unlike other competitions that are based only on the number of traded lots and have a short trading period, many traders focus on scalping to win the prize. Some traders may inject a lot of capital to gain an advantage over smaller accounts or scalp and then hold orders until the end of the competition to win the prize. With a very specific formula where profit is based on the invested capital, if you inject more capital, you must achieve a profit on that capital – this is not necessarily an advantage. Through this competition, you will build a standard trading system and capital safety.

The competition rules are based on the standards of the World Championship. If a trader passes this competition, they are likely to participate and win on the world stage.

The content advisor for the competition is Mr. Hoàng Ngọc Sơn – Runner-Up of the World Championship 2018.

This competition does not charge an entry fee, thus opening up opportunities for all traders. If you want to test your skills in this arena, register now.

This competition will determine your level in the Forex market.

If you succeed in this tournament, your name will become well-known. You will easily build your own investment fund.

The champions will be permanently recorded on the website.

This is the first competition, and there might be few participants, so you might easily win. Register quickly. 

Participants

For all traders aged 18 and above. 

Participation Rules

• Open an account according to the instructions.
• Share the competition website on your personal Facebook page once a week.
• Traders must trade for at least 12 days to qualify for the prize.

Profit Calculation Method

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

Explanation:

• Profit = Equity at the calculation time minus Invested Capital
• Invested Capital: The total deposited amount.
• The ranking will be updated daily.
• The ranking consists of the top 10 highest profit earners.

Competition Period

• Registration: 20/8/2024 – 1/9/2024
• Competition: 1/9/2024 – 30/9/2024

Trading Account

• Minimum participating account: 10 USD.
• Account leverage: 1:500.
• The ranking will be updated at the end of the day.

Prizes

• First Prize: 1 iPhone 14 Plus 128GB

Note: The prize will be increased if there are additional sponsors. 

Competition Sponsors

To support the contestants in achieving the best results in the Championship, Mr. Hoàng Ngọc Sơn sponsors valuable prizes as follows:

• Sponsoring the course “Conquering the Forex Market with the 2018 World Championship Runner-Up.” Value: 199 USD.
• Offering a Forex signal package to contestants. Value: 600 USD.
• Sponsoring all prizes for the Forex Championship.

Prize Calculation Rules Based on the Following Criteria:

• Minimum trading time is 12 days.
• The highest net profit.
• In case of a tie in profit, the trader with the higher trading volume will rank higher. 1 Lot (Commodity, Crypto, Indices, Stocks) = 0.3 Lot (Gold, FX)

Register HERE