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HotForex runs a monthly live trading contest “Traders Awards” which gives away 1,000 USD cash rewards to the top trader every month.

There are thousands of participants, and will be only one winner who will earn the cash prize and the “Traders Award”.

Surely competitive trading contest has gathered so many experienced and talented traders all over the world.

Have you ever wondered who are the winners of the contest? And how much they make, their experience and trading strategy?

Every month, HotForex interviews the winner of the contest to reveal many secrets of these professional Forex traders.

In this column, we have 5 interviews of the contest winners published in HotForex Official Website.

Take your time to read through these interesting interviews today.

Visit HotForex Official Website

Contest Winners Interviews

Shamsuri Abdullah has gained 141.98% profit in a month, and prefers swing trading and scalping.

Questions from HotForex Answers of the Winner
HotForex (HF): How long have you been trading? Shamsuri Abdullah (CVV): This is my fourth year trading forex with HotForex.
HF: How did you get involved with Forex Trading? CVV: I was introduced by a friend 5 years ago. He explained to me how to trade Forex. It’s fun and easy.
HF: Can you tell us a little bit about your professional background? CVV: I only have my diploma in education.
HF: What is your style of trading? CVV: Most of the time I do swing trading and sometimes I do scalping.
HF: What advice would you give to new traders? CVV: Equip yourself with knowledge on money management, risk management and keep up to date about the world economic news.

Faisal Moro has won the contest with a gain of 166%.

Questions from HotForex Answers of the Winner
HotForex (HF): How long have you been trading? Faisal Moro (FM): I have been trading for the last 4 years.
HF: How did you get involved with Forex Trading? FM: I was searching through the Internet for opportunities, after my undergraduate degree, and found Forex.
HF: Can you tell us a little bit about your professional background? FM: I am a businessman and i will also be finance professional as i currently studying ACCA.
HF: What is your style of trading? FM: Trend following, mean reversion, technical and fundamental analysis.
HF: What advice would you give to new traders? FM: New traders should learn to take risk management serious and stick to their trading plan and take advantage of the free trading webinar organised by HotForex.

Gambit Kwan has achieved total gain of 599.3% in a month.

The full time trader take advantages of market trend while managing risks.

Questions from HotForex Answers of the Winner
HotForex (HF): How long have you been trading? Gambit Kwan (GK): I have been trading for 4 years.
HF: How did you get involved with Forex trading? GK: Out of curiosity and being desperate for a better lifestyle, I found out about forex trading through online research.
HF: Can you tell us a little bit about your professional background? GK: I have a degree in Aircraft Maintenance Engineering, but I later ventured into entrepreneurship and I am currently a full time trader.
HF: What is your style of trading? GK: Trading on the trend with risk management.
HF: What advice would you give to new traders? GK: Be rational, do not trade emotionally and don’t be greedy.

Go to HotForex Official Website

John Alexander Cevallos Herrera gained 532.57% profit in a month.

Questions from HotForex Answers of the Winner
HotForex (HF): How long have you been trading? John Alexander Cevallos Herrera (JACH): I have been in an online business academy for a year where I have learned a lot about financial business and the forex environment.
HF: How did you get involved with Forex Trading? JACH: I was interested financial business for a long time, and as I began to prepare myself to learn even more I leaned into the Forex market because of its trading dynamics.
HF: Can you tell us a little bit about your professional background? JACH: I have been an entrepreneur since the age of 15. I used to be a professional in Marketing and Commercial Manager of several products of the Fitness world and am now a trader.
HF: What is your style of trading? JACH: I use support, resistance, Fibonacci, a lot of technical analysis and some scalping.
HF: What advice would you give to new traders? JACH: Preparation, analysis, patience and motivation are essential, especially when your strategy does not work as expected.
HF: Why did you choose HotForex as your broker? JACH: I analyzed several brokers and found that HotForex is the best, with the best compensation and benefits model for its customers.

Baperma Ipolite Sombie has shown the total gain of 7870% in only a month.

Questions from HotForex Answers of the Winner
HotForex (HF): How long have you been trading? Baperma Ipolite Sombie (BIS): I have been trading for the past 3 years.
HF: How did you get involved with Forex trading? BIS: I started trading after watching online advertisements of Forex companies. When I found out how big the daily volume of the Forex market was(about 5 trillion per day), I realised that If I put a lot of effort in Forex trading I could make a lot of money.
HF: Can you tell us a little bit about your professional background? BIS: I worked for three years as a geologist in a multi-national company. After that I decided to create my own business and today I own an institution which specializes in Forex training and portfolio management in Burkina Faso.
HF: What is your style of trading? BIS: My favorite style of trading is scalping.
HF: What advice would you give to new traders? BIS: My advice for new traders is to take the time to educate themselves about Forex and practice with demo accounts before investing real money. Forex trading its risky. it’s possible to make a lot of money but at the same time you can lose all your investment. To succeed is very important to apply a daily goal , a sound risk management and stick to it.

Go to HotForex Official Website

Are there anything to learn from the winners?

These traders are the historical winners of HotForex’s live trading contest “Traders Awards” which is available for all traders of the broker.

The participation to the contest is free.

You can find more information about the contest below.

HotForex Traders Awards “Live Trading Contest”

Each and every month, the trader with the greatest gain will win a stunning “Crystal Obelisk“…and Cash Prize.

1,000 USD of cash prize every month to the winner! Join this Live trading Contest now!

There are thousands of traders participating the Contest every month!

You can see the past winners since 2011 in the official website of HotForex.

How to join the Contest?

1. Sign up with HotForex & Open an Account

You will first need to register with HotForex, and then open an account.

Any account types are eligible for participating the Contest except “Micro Account”.

To be eligible for the Contest, your account must have larger than 500 USD as equity.

Open HotForex Real Trading Account

2. Join the Contest on Official Website

Go to the promotion page on HotForex Official Website, and enter your account number in the specified field as below.

Point – Participation is possible before the 7th business of each month. If you miss one, then you can join one next month.

3. Trade and Make profit as much as you can

The contest is ran within the month you are in! Start trading and try to get the best result as possible.

The winner will be selected by the % of gain, but not the amount.

4. Win or Lose

If you win, you will get 1,000 USD credited into your live account.

If you lose, your account will be already included in the next contest automatically. (only if the account balance is larger than 500 USD)

*Please send an email to HotForex support team, in case you would like to cancel your participation to the contest.

Visit HotForex Official Website

Terms and Conditions of the contest

Please make sure that you know the rules of this promotion before joining. We have summarized some of the important conditions below.

  • Each contest is available only once per client.
  • Each client can win the cash prize only once per 3 months.
  • The winner of the contest will be decided by the Highest Monthly Percentage gain.
  • In case you win the contest, your name and photo will be listed in the promotion page.
  • HotForex allows all kinds of trading methods, except Arbitrage.

You can find the official Terms and Conditions of this promotion below.

HotForex Live Trading Contest “Traders Awards” Official “Terms and Conditions”

If you are not confident to win the trading contest, then you may prefer other promotions which you can actually benefit from.

HotForex runs “Loyalty Program” which rewards loyal traders with cash back and special services.

The “Loyalty Program” will rewards traders with higher volume, regardless to the profits and losses you make in accounts.

Below, you can find more information about HotForex’s Loyalty Program.

Go to HotForex Official Website

HotForex Loyalty Program – Cash Back and other rewards

Being “Loyal” to HotForex pays you. The longer the period you trade, the bigger the benefit you can earn.

Trade, Earn “HotForex Bars” and Exchange these “Bars” to many Free stuffs such as Cash, Free VPS, Mastercard etc…

Can’t miss promotion by HotForex!

Free Gifts & Point Details

The number of “Bars” you can earn is different depending on the level you are on. Basically, you can earn more bars if you trade longer period continuously.

Red Level – Earn 6 HotForex Bars/ Lot

      ∇ after 31 days continuous active trading

Silver Level – Earn 8 HotForex Bars/ Lot

      ∇ after 62 days continuous active trading

Gold Level – Earn 10 HotForex Bars/ Lot

      ∇ after 105 days continuous active trading

Platinum Level – Earn 12 HotForex Bars/ Lot

You can see how many bars you have earned in the “myHotForex”. After you have earned many, you can exchange the “Bars” to Free Stuffs like below.

  • Withdrawable Cash into your Live Account (35 Bars = 1 USD)
  • Free HotForex Mastercard (with 700 Bars)
  • Free Advanced VPS for 3 months (with 3100 Bars)
  • Private Session with HotForex Analysts (with 2500 Bars)

etc…

As long as you have enough “Bars”, you can get them all for Free!

Check out the latest list of exchangeable free stuffs in the Official HotForex Website!

HotForex Online Registration Page

How to join this “Loyalty Program”?

1. Sign up with HotForex & Open an Account

All types of accounts are eligible to join this contest.

You may also need to verify your accounts with documents(ID and Proof of Address).

2. Join the Promotion from “myHotForex”

Login to the “myHotForex” and confirm your participation to the promotion as below.

3. Make a deposit & Earn 100 Bars

HotForex accepts dozens of different deposit methods, including bank wire transfer, credit cards and many online payment services.

HotForex gives you 100 Bars at first after your account approval and deposits are completed!

4. Trade & Earn HotForex Bars

HotForex Bars will be offered to tradings of Forex, Gold and Silver.

☆Point – Scalping trades within 5 minutes or 5 pips will not be counted.

*After 30 days of inactivity, you will be demoted to the lowest level.

5. Exchange the Bars to Free stuffs

See the number of bars you have earned in “myHotForex”, and exchange them to get yourself something useful.

Go to HotForex Official Website

Terms and Conditions of HotForex’s Loyalty Program

Please make sure that you understand the rules of this promotion before joining. We have summarized some of the important conditions below.

  • The promotion is available only once per client, household or IP address.
  • HotForex bars cannot be transferred to other traders.
  • Trading positions closed within 5 minutes or 5 pips from the opening price, will not be eligible for receiving HotForex bars.
  • This promotion does not restrict withdrawals of your funds and profits from the relevant account.
  • After 30 calendar days of inactive, you will be demoted to the lowest level of the promotion.

You can down load the official Terms and Conditions below.

HotForex Loyalty Program Official “Terms and Conditions”

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