Australian-headquartered TMGM is hosting the Ultimate Trading Competition this Summer. The contest will run from 15 May to 31 August and see 20 winners take home a slice of the $194,500 prize pot, with 1st place walking away with a cool $60,000.
To take part, traders must have a TMGM MT4 account. Users must also fill out the contest sign-up form on the TMGM website. The broker’s customer support team will notify users who have successfully been enrolled in the tournament.
Traders can choose between two groups and subgroups based on their account balance when the competition starts and volume requirements:
- Ares – Standard subgroup ($20,000+), trading volume required (1.5 lots for every $1000 deposit), Blue subgroup ($500 – $19,999 deposit), trading volume required (2 lots for every $1000 deposit)
- Master – Red subgroup ($500 – $19,999 deposit), trading volume required (2 lots for every $1000 deposit), Black subgroup ($500 – $19,999 deposit), trading volume required (2 lots for every $1000 deposit)
The broker will determine rankings based on the percentage increase in account equity when the contest finishes (31 August).
Rate of return = final equity (initial deposit + accumulated deposits + transferred in + cash back) / initial deposit + accumulated deposits + transferred in + cash back.
Participants can have up to three active accounts to implement different strategies, though percentage returns will be determined separately.
|1st||$60,000 (Standard) $10,000 (Blue)||$10,000 (Red), $10,000 (Black)
|2nd||$20,000 (Standard) $5,000 (Blue)||$5,000 (Red), $5,000 (Black)
|3rd||$10,000 (Standard) $2,500 (Blue)||$2,500 (Red), $2,500 (Black)
|4th||$4,000 (Standard) $2,000 (Blue)||$2,000 (Red), $2,000 (Black)
|5th – 10th||$1,500 (Standard) $1,000 (Blue)||$1,000 (Red), $1,000 (Black)
|11th – 20th||$0 (Standard) $500 (Blue)||$500 (Red), $500 (Black)
TMGM will notify the winners within 10 days of the tournament finishing. Prize funds will be credited to client accounts and can be either withdrawn or used as extra margin.
TMGM is a reputable broker based in Australia, where it holds a license with the ASIC. The global brokerage is also registered with the FMA (New Zealand) and VFSC (Vanuatu).
Our team like the low entry requirements with a $100 minimum deposit, order sizes from 0.01 lots, and a range of global deposit options, including bank transfers, debit cards, and digital wallets.
We particularly rate the wide selection of trading instruments available, from forex to CFDs on stocks, indices, energies, metals and cryptos. In total, more than 12,000 instruments are offered spanning seven asset classes.
Competitive fees are also available, with spreads from 0 pips on forex and energies, depending on the account type. Global traders can also access high leverage up to 1:500.
Sign up with TMGM and take part in the Ultimate Trading Competition for your shot at the $194,500 prize pot.
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