LMFX "Ultimate Traders" Live MT4 Trading Contest
LMFX MT4 live trading contest to win $1,000 monthly & $100,000 yearly.
Join LMFX with 1:1000 Leverage! and win 100,000 USD!
Trading Contest Details
| Prizes | 1,000 USD monthly and 100,000 USD annually |
|---|---|
| Available to | Both New & Existing Clients |
| Duration | Every month |
| How to entry | Open an Account & Join for Free |
- LMFX “Ultimate Traders” Live MT4 Trading Contest
- LMFX Live MT4 Trading Contest Information
- Prizes of LMFX Live MT4 Trading Contest
- Top Traders’ Points of LMFX Live MT4 Trading Contest
- How to participate in LMFX Live MT4 Trading Contest?
- Fund Withdrawal Conditions of LMFX Live MT4 Trading Contest
- Terms and Conditions of LMFX Live MT4 Trading Contest
LMFX “Ultimate Traders” Live MT4 Trading Contest
The “Ultimate Trader Contest” is intended to award best performing traders, boost their activity by ranking the best performers and provide the opportunity to win tradable funds.
Not only will the winner be rewarded, but the nine best performers after this will also be rewarded.
At the end of the calendar year LMFX will calculate “LMFX Top Traders Points” of all the participants and announce the “Trader of the Year”.
This Client will be titled ‘Trader of the Year’ and will receive an additional prize.
LMFX Live MT4 Trading Contest Information
Here are the main information of LMFX’s live MT4 trading contest “Ultimate Traders”.
| Contest Type | Live MT4 (MetaTrader4) |
|---|---|
| Requirement to join | 500 USD equity |
| Contest Duration | 1 Month |
| Contest Prize | 1000 USD every month |
| Withdrawal of Contest Prize | Not available |
| Withdrawal of profits | Available at anytime |
| Yearly Prize | 100,000 USD for the top trader |
Participation in the trading contest is free, and has prizes and points rewarded for the top traders every month.
Prizes of LMFX Live MT4 Trading Contest
Every month, the top trader of the contest round will earn 1000 USD cash prize.
The top trader is decided according to the trading performance by the gain in percentage.
The top trader will earn 1000 USD which will be available for trading.
Top Traders’ Points of LMFX Live MT4 Trading Contest
While only the top trader of the month will earn the cash prize, the top 10 traders of each round earn “Top Traders’ Points”.
The “Top Traders’ Points” are distributed every month as follows:
| 1st | 20 Prize Point |
|---|---|
| 2nd | 16 Prize Point |
| 3rd | 12 Prize Point |
| 4th | 10 Prize Point |
| 5th | 9 Prize Point |
| 6th | 8 Prize Point |
| 7th | 7 Prize Point |
| 8th | 6 Prize Point |
| 9th | 5 Prize Point |
| 10th | 4 Prize Point |
These points will be accumulated during the course of the whole year and the leading performers will be displayed in the League Table of LMFX’s official website.
The trader who has the highest “Top Traders’ Points” accumulated will receive an award of 100,000 USD (trading funds) and will be able to use it for trading on behalf LMFX.
The trader can trade in the account with 100,000 USD which is not available for withdrawal but only for trading.
How to participate in LMFX Live MT4 Trading Contest?
To participate in LMFX’s MT4 live trading contest “Ultimate Traders”, follow the steps below.
1. Signup and Open a live trading account
Go to LMFX’s online registration page and open a live trading account.
You can participate in this contest with any account types.
2. Deposit over 500 USD
The required minimum deposit amount to participate in the contest is 500 USD.
Use any preferable method to transfer your fund to LMFX’s trading account.
The list of available funding methods can be found in the official website of LMFX.
3. Register for the Contest
To confirm your participation in the contest, you must register via LMFXconnect (LMFXc).
The registration to the each contest round is available until the 7th calendar day of the given month.
Note that you can register only one trading account per round.
4. Start trading
Each contest round starts on the first Company’s working day of the month at 00:05:00 Company’s server time and ends last day of the given month.
The top trader of the contest round will win the real cash prize in his/her live trading account.
For more information about the cash prize, please refer to the section above.
At the end of each monthly round the Client’s trading account is taken automatically into the next month contest.
Fund Withdrawal Conditions of LMFX Live MT4 Trading Contest
Both (monthly and yearly) prize funds are not available for withdrawal.
The monthly cash prize is available only for trading, and in case of a fund withdrawal from the account, the full cash prize amount will be removed from the account.
You can withdraw your fund and profit with no limit.
The yearly cash prize is available only for trading, and you can withdraw only the performance fee (20%) which is given to the trader quarterly.
For more information about the yearly cash prize, please refer to the Terms and Conditions of LMFX Live MT4 Trading Contest below.
FAQs of LMFX Live MT4 Trading Contest
Here are the frequently asked questions regarding to LMFX’s MT4 Live Trading Contest “Ultimate Traders”.
- Who can participate in this contest?
- The contest is available for all traders of LMFX, both new and existing traders.
- What is the requirement to participate in the contest?
- The requirement to participate in the contest is 500 USD of minimum deposit. As long as your contest account has more than 500 USD equity, the account will be automatically taken into the next round.
- How much is the cash prize?
- The monthly cash prize is 1,000 USD for one person and the yearly cash prize is 100,000 USD for one person.
- How long does each contest round run?
- Each contest round lasts 1 calendar month. The course of the whole contests will run for a year.
- Can I withdraw the cash prize?
- No, both monthly and yearly prizes cannot be withdrawn. Profits made by trading with the prize fund can be withdrawn.*
- Is the yearly prize of 100,000 USD real? Why is that large amount?
- Yes, but the winner of the yearly cash prize 100,000 USD can trade with the fund on behalf of LMFX only. The winner can trade with the fund and earn 20% of success fee from LMFX quarterly on high-watermark basis.
- Can I also participate in other promotions and contests at the same time?
- Yes, the “Ultimate Traders” contest does not restrict traders from participating in other promotions of contests at the same time.
- What is the top traders’ point?
- Top traders’ points are distributed to the top 10 traders of each contest round. Through the course of the whole contest period, the trader who has earned the highest amount of the top traders’ points will be chosen to receive 100,000 USD of yearly prize.
Do you have any other questions regarding to the contest?
Visit LMFX Official Website and contact their multilingual support team for more.
Terms and Conditions of LMFX Live MT4 Trading Contest
Here are the terms and conditions of LMFX’s live MT4 trading contest “Ultimate Traders”.
Before participating in the contest, make sure that you know the rules of the contest.
- The promotion is available for all trader of LMFX.
- To confirm your participation in the contest, you must register your live trading account for the contest within LMFXconnect.
- The contest runs every month, and start from the first Company’s working day of the month at 00:05:00 Company’s server time and ends last day of the given month.
- At the end of each month, the result of all trading contest account will be calculated automatically.
- In the event that the last day of the month is one of the weekend days, the closing prices of that week’s Friday at 23:59:59 Company’s server time will be used.
- The top 10 traders of the contest will be published in the contest page of official website.
- The top trader of the month will earn 1000 USD cash prize in his/her real trading account.
- The top 10 traders of each contest round will earn “LMFX Top Traders’ Points” according to The table above.
- LMFX Top Traders’ Points will be accumulated during the course of the whole year, ad the top 10 traders with the higher scores will be also announced in the contest page in the official website.
- “The Trader of the Year” is the one who has accumulated the highest amount of LMFX Traders’ Points and will receive 100,000 USD to trade on behalf of the company.
- “The Trader of the Year” will receive certain success fee from LMFX by trading with the prize fund.
- The prize fund rewarded to “The Trader of the Year” cannot be withdrawn, but is available only for trading purpose.
- To be able to compete for place “The Trader of the Year”, you must participate in at least 6 contest rounds and trade at least 10 traders in each round.
- The registration to each contest is available until the 7th calendar day of the given month.
- Each eligible client can register only one trading contest account. In case a client registers multiple accounts for the same contest round, he/she will be disqualified from the contest.
- To be eligible for each contest, the account must have more than 500 USD equity.
- LMFX assesses the trading performance by the gain in percentage to choose the winners of the contest.
- The monthly cash prize will be credited to the winner’s live trading account within 48 hours of the notification.
- The monthly cash prize can only be credited into live accounts which has not participated in any bonus schemes.
- The monthly cash is available only for trading purpose, and cannot be withdrawn.
- Any fund withdrawals from the account with cash prize, will cause cancellation of the full cash prize amount.
- Fund withdrawals from the account with cash prize, can only be processed when there is no open position.
- A trader can win the monthly cash prize only once within 3 months period. In case the same participant wins the cash prize within 3 months time period, the cash prize will be awarded to the next high performing trader of the contest round.
- The account with 100,000 USD cash prize for the “Trader of the Year” will have 1:50 leverage fixed and cannot be changed.
- The account of “Trader of the Year” will have stop out when the account balance reaches 800,000 USD.
- “Trader of the Year” will earn 20% of the Profit and Loss on a high watermark basis.
-
Official Site
CFD Service. Your capital is at risk.
- Open an Account
- Contact
- Detail
- Review (19)
