CONTEST 57 - Gold Challenge

Hello and welcome to the 13th demo trading contest of 2023 sponsored by IC Markets:
Before joining, please read the contest rules.

:stopwatch: Contest starts : May 8th - Ends: May 12th
:date: Contest duration : 1 week
:man_office_worker: Contest broker : IC Markets
:desktop_computer: Contest server : ICMarketsSC-Demo01
:dollar: Starting equity : $100
:balance_scale: Max leverage : 500:1
:bar_chart: Peak to valley max DD : 25%
:chart_with_upwards_trend: Max trades : 60
:robot: EA trading : EAs ALLOWED
:dart: Instruments : XAU/USD ONLY - trades on other symbols (EUR/USD, US30, BTC/USD, etc), will not count toward your performance.
:moneybag: Cash prizes : 6: $500 - $250 - $100 - $80 - $50 - $20

Please visit our FAQs page to find the answers to:

:point_right:t2: JOIN NOW!!! :point_left:t2:

Please feel free to post issues, concerns, likes, or just chat with other participants.

Thank you and good luck ! :hand_with_index_finger_and_thumb_crossed: :rocket:

1 Like

Hanya 60 perdagangan pertama Anda yang memenuhi syarat yang akan dimasukkan dalam perhitungan kinerja Anda. Ini maksudnya gimana ya?

Hello Apinjiu, feel free to initiate a live chat with us and let us know what confuses you about this sentence. We will be happy to help. Here is the link to our Live chat:

whos ready to win?

1 Like

Hi there kymier14! :wave:

Welcome to our forum!
Talk us trough that nice image, if you will :slight_smile:

Maksudnya open posisi, mau itu buy atau pun sell & gak boleh close dibawah 2 menit

maksudnya, hanya 60 kali perdagangan saja yang akan dihitung, perdagangan yang ke 61 dst tidak masuk dalam hitungan.

Hi guys, yes that’s correct.
Depending on the contest specs, there’s a max trades limit (could be 60, 120, etc).
This is to make sure every trader has the same conditions - even if EAs are allowed, the max number of trades evens the playground.

Like @mulani1961 said, after reaching the limit (60 trades for example) the 61st, 62nd, 63rd, etc trades will not count for the account performance.

I also suggest checking out “What are Excluded Trades not Counting for the Performance”, as these trades will not count for the max trades limit. Any questions, just ask :slight_smile:

Good luck guys :+1: :rocket:

oh my goss…
anonymous #1 rank , DQ with hit 26% peak DD.
Sorry… in the forex industry sometimes very cruel,
and we must be prepared to accept it. :joy: :joy: :joy:

Hi there @ronykun7 welcome back! :wave:

I know!!! Still, it was a good experiment, no?
Starting this contest with only $100 and 500:1 leverage - it’s a bit like the real world, under-capitalised account and big leverage, lol.

And like you said, the forex industry is cruel, very cruel, especially for those who don’t have a good MM plan (or are very greedy, hahahaha)!

Good luck friend and many green pips! :fire: :rocket:

Agreed Sir…
just little bit greedy is ok.

1 Like

Hello @yasai welcome to our forum :wave:

I can reply to your question, by DM, if you prefer.
But just to make things clear, each round/contest is separated from previous rounds/contests. Winners can win more than once, and traders DQ in one round can participate in the following rounds (and even win a prize).

Thanks :slight_smile:

1 Like

Hello traders :wave:

Our Contest 57 (Gold challenge) ended and we are now confirming the results.
Please make sure to add and confirm a valid payment method to your profile so we can pay you the prize (if you are a winner) without delays.

And if you don’t know how to do it, there’s a simple guide here.

You can choose from several e-wallets and the top cryptos.

Thanks :slight_smile: