FXTM Company News

The 2^nd round of our monthly Elite Manager Awards, part of the new FXTM Investment Program, is now complete and we are here to announce the winners!

The Elite Manager Awards is a monthly contest that gives traders with ECN Manager Accounts a chance to take home a total of $1800, in addition to their trading profits!  The rules are simple*, just trade your way to the top 3!

*Terms and Conditions Apply

The Winners of the Elite Manager Awards Trading Contest

A big congratulations to Mr. Djudju Widjaya for winning both the first and third place!

We interviewed the winners and this is what they had to say**:

FXTM: How long have you been trading?

Djudju: Since July, 2008.

Arun: 8 years.

FXTM: What attracted you to our Investment Program?

Djudju: Prizes & Manager Fees. My dream is to trade for a living.

Arun: Good service that makes it easy to find clients.

FXTM: Please tell us about your winning strategy.

Djudju: Be patient with a floating position and analyze the market carefully before opening a new one. When the target is achieved, think fast to lock in your profits - no hesitating!

Arun: I am a day trader, I trade during the news, use fundamental and technical analysis and I also use indicators.

The winners would also like to extend a thank you to their investors for their support and vote of confidence!

** The trading strategies listed here were disclosed by the winners of the competition. FXTM does not support or endorse any of the aforementioned strategies and the contents of this post should not be misunderstood as investment advice. FXTM reminds that such type of strategies may not be suitable for all investors and results may differ between demo and live environments.

The third and last round of the Elite Manager Awards will be announced soon enough so if you still haven’t opened your ECN Manager account you can do so now:

1. Register for your FXTM ECN Manager Account.
2. Set your preferred fee (% of amount invested).
3. Make a deposit and start trading!

Become a Manager, receive a fee for all your followers and take part in the Elite Manager Awards!

A big round of congratulations goes out to all the participants in the first of the three monthly Elite Manager Awards.

The Elite Manager Awards is a monthly contest that gives traders with ECN Manager Accounts a chance to take home $1800, in addition to their trading profits!  The rules are simple*, just trade your way to the top 3!

*Terms and Conditions Apply

The Winners of the Elite Manager Awards Trading Contest

Here’s what the Top 3 Traders had to say:

What attracted you to our Investment Program?

Kenneth: I saw it as another challenge and it has actually enhanced the timing I execute my traders. I re-think the situation before entering the market, not only for myself but my investors.

Touder: There is a prize for the first 3 winners, I hope we can have such prize for every month.

Zikeiye: I saw it to be rewarding for someone who can truly trade and also because of the FXTM Nigeria based offices which make account verification, funding and withdraw easy.

What did you like and dislike about the Investment Program? What improvements would you like to see?

Kenneth: I was really impressed with the trading statistics updated daily and live profit/loss percentage. It is obviously a high tech program and I am glad that I can be a part of it. So far the Investment Program has no flaws that I have experienced as yet.

Touder: I hope you can add ECN account type as ECN Manager account because with low spread is more easy to trade. Hope the prize could increase and for monthly basis.

Zikeiye: I am just new to the Program and therefore cannot comment now.

 Please tell us about your winning strategy.

Kenneth: As previously said I am a day trader that focuses on price-action. My trading strategy factors in support and resistance lines, oscillators, moving averages, fundamental news and the timing of execution.

Zikeiye: There is no strategy specifically, but with the help of mytemplate, the market is understood and predictable.

Touder: Pattern trading.

Which trading instruments does your strategy focus on and why?

Kenneth: AUD/USD & EUR/USD most of the time, though it works for all instruments.

Touder: Major USD currencies as they have lower spread.

Zikeiye: All forex market instruments work the same, it is all about trading the instrument that better view at the moment.

* The trading strategies listed here were disclosed by the winners of the competition. FXTM does not support or endorse any of the aforementioned strategies and the contents of this post should not be misunderstood as investment advice. FXTM reminds that such type of strategies may not be suitable for all investors and results may differ between demo and live environments.

The winners would also like to extend a thank you to their investors for their support and vote of confidence!

The next Elite Manager Awards will be announced soon enough so if you still haven’t opened your account please do so now:

1. Register for your FXTM ECN Manager Account.
2. Set your preferred fee (% of amount invested).
3. Make a deposit and start trading!

Become a Manager, receive a fee for all your subscribers and join the Elite Manager Awards!

The Game of Pips Live Forex Trading Contest is over and the results are in! TEN highly skilled competitors traded their way to the top to claim generous CASH prizes from the $100,000 prize pool! Plus, all of our winners will also have the chance to become Investment Managers in the NEW FXTM Investment Program.

Our 1^st Prize winner, ZHIANG, claimed his crown and a massive 50,000 USD cash jackpot, closely followed by bonekmania in 2^nd Place who won 20,000 USD and Mohd Johar Resni in 3^rd Place who came away with 10,000 USD.

We would like to congratulate our Top 10 and to thank all of the brave-hearted forex traders who competed in the Game of Pips, our most exciting live trading contest yet!  

The Winners

Winning Feedback from the Top 10!

Take a look at what some of our 10 cash prize winners told us about competing in the Game of Pips, their winning strategies* and how they claimed their place at the top of the leaderboard.

Samuel Dihan – “i started trade just previous year and you see how good im, im proud of me! my strategy is to believe in myself, i read a lot. this year is perfect for trading! I just want my money to trade more, you are amazing guys!”

Eunmi Chen – “I used a 15 pips stop loss for every trade and the opening and closing time was a great time to trade!”

Fifiyana Cendrasatya – “Demo contest has no risk because not real money, but Game of pips used real money so each participant should trade carefully and more serious. There is no special strategy, I am just following daily trend sometimes watch RSI (Relative Strength Index).”

* The trading strategies listed here were disclosed by the winners of the competition. ForexTime does not support or endorse any of the aforementioned strategies and the contents of this post should not be misunderstood as investment advice. ForexTime reminds that such type of strategies may not be suitable for all investors and results may differ between demo and live environments.

NEW Live Trading Contest Coming Soon …

We will be launching a  NEW contest soon, giving you the chance to showcase your forex trading skills to win top prizes! Existing clients will receive an invitation to register for the upcoming contest direct to their inbox.

Bookmark our Promotions and Contests pages to stay up-to-date.  

Not switched to FXTM yet? Switch now.

We are announcing the launch of the new forex trading contest, the Game of Pips and we would like to invite you to join!*

By registering for the contest you will be joining an exciting battle for honor, glory and of course the spoils! We are giving away a total prize pool of $100.000 to the winners of the contest!

Registrations will be open from May 25^th till July 15^th, so don’t miss this opportunity to challenge other traders and showcase your skills! Even if you don’t make first place, you could still be one of the 9 runners-up who will receive prizes between $500 and $20.000 in a live trading account!

All winners will also receive an exclusive t-shirt souvenir as well as the opportunity to join the all new FXTM Investment program where they can connect with investors from across the globe that are willing to invest in their strategies for a fee of their choosing!

The contest starts on the 15^th of June 2015 and will end on the 15^th of July 2015.

How to join the contest?

1. Register for a live account
2. Login to MyFXTM
3. Opt-in for the Game of Pips contest
4. Start Trading

Are you up for the challenge? Register now or click here to read more about the contest!

*Terms and Conditions apply

The demo trading contest, Forex Factor, has come to an end and the winners of the competition have been revealed!

Congratulations to all the participants from around the world and especially the winners who shared prizes from a $5,600 prize pool.

The Winners

The Winning Strategies*

The winners had some interesting things to say about the contest and their strategies.

One of the winners said that his strategy was based on trading during news announcements and other socio-economic events where the markets are most volatile.  Other winners traded only specific currency pairs like the AUD/JPY or used simple technical indicators on the chart like the Moving Average and RSI to determine their entry points. Aggressive day-trading strategies were the most popular strategies as traders relied on opening and closing positions in quick succession in order to make a number of profits in a short amount of time.

The winners also stated that they would love to participate in the next FXTM trading contest where they can battle for a $100,000 prize pool! 

Stay tuned for more info!

* The trading strategies listed here were disclosed by the winners of the competition. ForexTime does not support or endorse any of the aforementioned strategies and the contents of this post should not be misunderstood as investment advice. ForexTime reminds that such type of strategies may not be suitable for all investors and results may differ between demo and live environments.

Demonstrate your trading skills and reap the rewards in "The Forex Factor", the highly successful forex trading demo contest by FXTM! Our forex competition is great for all traders - whether you’re an experienced seasoned trader or an absolute beginner. As you’ll be using the FXTM demo account, taking part in our contest is completely risk-free as you won’t need to make a deposit, but you still stand the chance of winning real money, which we’ll credit into your live account.

What makes a winner?

In order for you to triumph and prove you have the Forex Factor; the challenge is to reach the highest percentage of profits versus your deposit*. As in every other contest, there is only one winner and one alone can claim the $3,000 prize but 7 runners-up will be partaking in a $2,600 prize pool!

When does the forex trading demo contest start?

Registrations will be accepted from Monday, 16^th of March till the end of the competition. The contest is scheduled to run from Monday, 13^th of April, 2014 till the end of day on Friday, 24^th of April, 2014.

How can I join?

If you are already a client, login here. Otherwise just follow the steps below:

1. Register for a free demo account with FXTM
2. Head over to the MyFXTM Contests page to opt-in for the contest
3. Start trading!

Are you ready to become the ultimate winner and prove you have the Forex Factor?

*Terms & Conditions apply