Vietnam Forex Championship 2024 – First Edition
Purpose
To create conditions for the trading community to gradually get used to world-class trading standards and aim for a long-term professional path. We are organizing the Forex Championship for all traders in Vietnam and the region.
Unlike other competitions that only rely on the number of lots traded or a short trading time, where many traders mainly aim to manipulate prices to win prizes, or some traders inject a lot of capital to gain an advantage over smaller accounts, or manipulate prices and hold positions until the end of the competition to claim a prize. With a very specific formula that calculates profits based on the amount of capital invested, if you inject more capital, you have to achieve profits on that capital – this is not necessarily an advantage. Through this competition, you will build a standard trading system and secure capital management.
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 competition’s content advisor is Mr. Hoang Ngoc Son – Runner-Up World Champion 2018.
This competition has no participation fee, so the opportunity is open to 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 successful in this tournament, your name will become well-known, making it easier for you to build your investment fund.
The champions will be permanently recorded on the website.
This is the first competition, there may be few participants, so you might win easily. Register quickly.
Participants:
For all traders in Vietnam aged over 18.
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 2 weeks to qualify for the prize.
Profit Calculation Method:
Net profit = (Profit / Investment capital) * 100
Investment capital will be based on Equity at the time of calculation.
The leaderboard will be updated daily.
The leaderboard consists of the top 10 traders with the highest profits.
Competition Time:
From August 20, 2024, to September 30, 2024.
Minimum account participation: 10 USD.
Account type: Cent
Leverage of account: 1:500.
Prizes:
1st Prize: 1 iPhone 14 Plus 128GB
Note: Prizes will increase if there are additional sponsors.
Competition Sponsor:
Mr. Hoang Ngoc Son – Runner-Up World Champion 2018