ACY Securities Offers $75,000 In Pip Hunter Contest
The Pip Hunter Trading Cup, hosted by Aussie-based ACY Securities, is a global trading tournament with a $75,000 prize fund. The investing contest is a great opportunity for aspiring traders to showcase their skills on the world stage. Read on for the details.
The Pip Hunter tournament is home to an active investing community with over 1.4 million trades from 1,200 traders already placed. Participants can compete for the $75,000 prize pool which includes $35,000 for the winner, $15,000 for the runner up, $7,500 for third place, $3,500 for fourth place, and $2,500 for fifth place.
ACY Securities uses a sophisticated algorithm that factors in all trading skills, not just profitability. The top 10 performers are then ranked on a leaderboard which shows their total gain, profit and loss, drawdown, deposit, and win rate.
The Pip Hunter team also show the tournament’s Top Gainers, with accompanying metrics, including leverage, strategy age, the total number of trades, plus the platform used.
The contest will finish on 31 December 2022. The winners will be contacted by the online broker with details about their winnings.
The international trading tournament was first launched in 2018 and has since amassed a global audience. The contest offers a competitive and interactive trading environment with the grand finals displayed in eye-catching venues, including the Studio City e-Sports arena in Macau.
Ashley Jessen, Chief Operating Officer at ACY Securities, commented on the last round: “Every year the Trading Cup evolves to find the best of the best. This year, 70% of the top ten leaderboard traded their strategies using algorithmic methods (trading robots), with the winner placing over 82,000 trades and turning over $425 million on the Eurodollar currency pair. With competitors from 75 countries around the world, the Trading Cup continues to be the number 1 trading contest in the world.”
About ACY Securities
ACY Securities is a popular online broker that is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).
Clients can speculate on forex, stocks, indices, ETFs, commodities and cryptocurrencies. The ECN broker has no dealing desk and offers spreads from zero pips. The brokerage also utilizes interbank liquidity from 16 large banks and financial firms.
New traders can get started with a $50 deposit and can fund accounts using debit and credit cards, Neteller, Skrill, and PayPal, among other solutions. The minimum trade size is 0.01 lots and both the MetaTrader 4 and MetaTrader 5 platforms are available.
Open a live trading account with ACY Securities today to take part in the Pip Hunter contest.