BinaryCent is running a weekly competition for new and experienced traders. It’s free to take part if you hold a live account and investors that execute the largest volume of trades will take the winning spots. Read on for contest rules and requirements.
Weekly Trading Contest
The first prize is a $20,000 cash reward. Second, third and fourth place will also take home bonuses and rewards. Winners will be notified by email after the weekly tournament finishes. Alternatively, clients can check their ranking on the leader board hosted on the BinaryCent website.
All traders are automatically entered into the competition after registering for a live account.
Rules & Limitations
The weekly contest starts Sunday at 21:00 GMT and finishes Sunday at 20:30 GMT. All trades executed within the promotional period qualify except for CFD volumes.
Importantly, trades are counted regardless of the result. The minimum qualifying trade size is $10.
To take home a prize, a client’s net balance must be equal to or above their minimum deposit. Prize funds will be awarded to trader accounts if the total amount of previous bonuses does not exceed 150% of the total deposits.
BinaryCent is a binary options broker established in 2017. The firm is headquartered in the Marshall Islands and uses a proprietary platform compatible with major web browsers. From the terminal, clients can speculate on cryptocurrencies, indices, stocks, forex, and commodities.
Leveraged trading is available up to 1:100. Binary options traders will pay a competitive premium while CFD investors will pay a floating spread. A 5% transfer fee is also applied to deposits and withdrawals.
A free mobile application can be downloaded by account-holders. A copy trading solution is also available. This allows new traders to follow and mirror the positions of experienced investors. A leader board with the top 10 traders, plus their percentage returns can be viewed from the client dashboard.
Follow the sign-up link below to open an account and participate in BinaryCent’s weekly trading contest.