$176,500 Prize Pot Up For Grabs In The TMGM Ultimate Trading Competition
The TMGM Ultimate Trading Competition is available to new and existing clients with an MT4 account. The tournament will end on 31 March 2023, with the winners notified within 10 working days and accounts credited with prize funds within 30 working days.
Prize Pool
The trading contest is split into two groups with $176,500 available across both groups:
- Ares ($106.5k prize pot) – 1st place $65k, 2nd place $20k, 3rd place $10k, 4th place $4k, 5th place $3k, 6th-8th place $1.5k
- Master ($70k prize pot) – 1st place $15k, 2nd place $7k, 3rd place $3k, 4th place $2k, 5th-8th place $1k, 9th-16th place $500
Note, the Master group is split into two sub-groups (blue and red) and the respective winners (1st to 16th) will each get the cash prizes outlined above, i.e., the blue winner will get $15k and the red winner will get $15k.
Cash prizes can either be withdrawn as winnings or used as margin for future positions.
Entry Requirements
To join the Ares group, users must deposit at least $20,000 and trade for more than 10 days. Participants must also trade 1.5 lots for every $1000 deposit.
To join the Masters Red and Blue groups, users must deposit $500 – $19,999 and trade for more than 10 days. Participants must also trade 2 lots for every $1000 deposit.
Note, these volumes are based on forex and bullion. CFDs, oil and cryptos are calculated at 1/10. Trading shares will not count.
The broker will review account balances within two working days of receiving a request to join the Ultimate Trading Competition.
Participants can choose which group and sub-group they would like to join, but they cannot move groups and sub-groups once they have signed up. Investors will need to withdraw from the tournament and re-register (support@tmgm.com), but competition calculations will be reset.
Competition Rules
TMGM will crown the winners based on the percentage increase in account equity at the close of the tournament (31 March 2023 at 23:59:59 – MT4 Time)
Rate of return = Final Equity – (Initial Deposit + Accumulated Deposits + Transferred In + Cash Back) / Initial Deposit + Accumulated Deposits + Transferred In + Cash Back
Note, the rate of return includes profit and loss across all MT4 instruments.
Clients must also satisfy one of the following criteria:
- Hold a position for a minimum of 10 days
- Open and close a position per day for 10 days
About TMGM
TMGM is headquartered in Australia and has clients in 150+ countries. The online brokerage is regulated by multiple financial authorities, including the Australian Securities and Investments Commission (ASIC), the New Zealand Financial Markets Authority (FMA), and the Vanuatu Financial Services Commission (VFSC).
TMGM offers a wide range of trading opportunities spanning 10,000+ stocks, 50+ forex pairs, 15 indices, cryptos, precious metals, and energies. Fast trade executions are provided through 10 tier-one liquidity providers.
Up to 1:400 leverage is available depending on your location and account type. Spreads and commissions also vary depending on your profile, starting from $0.
Start trading with TMGM today for your chance to take home a piece of the $176,500 prize pot.
