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Live Trading Contest 2020

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Contest period: 2nd March 2020 to 29th May 2020
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Contest period: 2nd March 2020 to 29th May 2020

The contest is only suitable for manual trades.

Are you the one who would do everything it takes to be the top trader?

Let’s find out. Join our monthly trading contest for a chance to win and be in the top among your peers!

Due to the public holiday of Birthday of the Buddha on 30th April 2020 and the Labour Day on 1st May 2020, the contest ranking daily update is currently suspended.
Final prizes distribution of April will be announced during 4th-8th of May2020.

Top Rankings │ May │ AprilMarch

March
Most Active Traders of the Month (Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx3480 135.9 3000
#2
8xxxx2591 119.36 2000
#3
8xxxx4331 106.51 1000
#4
8xxxx6197 97.66 600
#5
8xxxx9796 82.61 600
#6
8xxxx2845 80.6 600
#7
8xxxx0783 79.34 300
#8
8xxxx8779 70.65 300
#9
8xxxx2591 65.58 300
#10
8xxxx0639 60.9 300
Show More
Most Profitable Traders of the Month (Completed)
Rank/Region Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx2555 9269.15 3000
#2
8xxxx7974 8519.6 2000
#3
8xxxx9092 8361.55 1000
#4
8xxxx9679 8018.61 600
#5
8xxxx4102 7514.03 600
#6
8xxxx0196 7049.6 600
#7
8xxxx1873 6998.37 300
#8
8xxxx6521 6432.97 300
#9
8xxxx3857 5810.49 300
#10
8xxxx8372 5407.3 300
Show more
Most Active Traders of the Month (Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx3480 135.9 3000
#2
8xxxx2591 119.36 2000
#3
8xxxx4331 106.51 1000
#4
8xxxx6197 97.66 600
#5
8xxxx9796 82.61 600
#6
8xxxx2845 80.6 600
#7
8xxxx0783 79.34 300
#8
8xxxx8779 70.65 300
#9
8xxxx2591 65.58 300
#10
8xxxx0639 60.9 300
Show More
Most Profitable Traders of the Month (Completed)
Rank/
Region
Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx2555 9269.15 3000
#2
8xxxx7974 8519.6 2000
#3
8xxxx9092 8361.55 1000
#4
8xxxx9679 8018.61 600
#5
8xxxx4102 7514.03 600
#6
8xxxx0196 7049.6 600
#7
8xxxx1873 6998.37 300
#8
8xxxx6521 6432.97 300
#9
8xxxx3857 5810.49 300
#10
8xxxx8372 5407.3 300
Show more
Ranking and prizes displayed during the Trading Month are updated on daily basis (besides weekends), the final prizes distribution will be announced in the 1st week following the last date of each Trading Month. BYFX Global reserves the absolute right to modify and/or decide the contest winners of each Trading Month without providing reason therefor.

Top Rankings │ May │ April │ March

Most Active Traders of the Month (Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx0040 162.17 3000
#2
8xxxx4340 153.2 2000
#3
8xxxx4933 142.33 1000
#4
8xxxx9467 138.48 600
#5
8xxxx2845 113.72 600
#6
8xxxx0783 107.18 600
#7
8xxxx9796 91.6 300
#8
8xxxx0639 70.9 300
#9
8xxxx2968 59.71 300
#10
8xxxx1088 47.46 300
Show More
Most Profitable Traders of the Month (Completed)
Rank/Region Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx8372 5538.9 3000
#2
8xxxx3857 5200.72 2000
#3
8xxxx8457 4947.3 1000
#4
8xxxx9092 4703.57 600
#5
8xxxx9679 4317.49 600
#6
8xxxx4102 3891.34 600
#7
8xxxx0196 3517.9 300
#8
8xxxx1873 3237.57 300
#9
8xxxx2555 2970.9 300
#10
8xxxx7974 2175.4 300
Show more
Most Active Traders of the Month (Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx0040 162.17 3000
#2
8xxxx4340 153.2 2000
#3
8xxxx4933 142.33 1000
#4
8xxxx9467 138.48 600
#5
8xxxx2845 113.72 600
#6
8xxxx0783 107.18 600
#7
8xxxx9796 91.6 300
#8
8xxxx0639 70.9 300
#9
8xxxx2968 59.71 300
#10
8xxxx1088 47.46 300
Show More
Most Profitable Traders of the Month (Completed)
Rank/
Region
Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx8372 5538.9 3000
#2
8xxxx3857 5200.72 2000
#3
8xxxx8457 4947.3 1000
#4
8xxxx9092 4703.57 600
#5
8xxxx9679 4317.49 600
#6
8xxxx4102 3891.34 600
#7
8xxxx0196 3517.9 300
#8
8xxxx1873 3237.57 300
#9
8xxxx2555 2970.9 300
#10
8xxxx7974 2175.4 300
Show more
Ranking and prizes displayed during the Trading Month are updated on daily basis (besides weekends), the final prizes distribution will be announced in the 1st week following the last date of each Trading Month. BYFX Global reserves the absolute right to modify and/or decide the contest winners of each Trading Month without providing reason therefor.

Top Rankings │ MayApril │ March

Most Active Traders of the Month (Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx6197 105.24 3000
#2
8xxxx9918 102.49 2000
#3
8xxxx0319 97.35 1000
#4
8xxxx8779 89.77 600
#5
8xxxx6420 80.31 600
#6
8xxxx4147 75.39 600
#7
8xxxx3480 66.58 300
#8
8xxxx9796 59.44 300
#9
8xxxx2968 49.86 300
#10
8xxxx2845 42.63 300
Show More
Most Profitable Traders of the Month (Completed)
Rank/Region Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx2694 4595.35 3000
#2
8xxxx6620 4132.26 2000
#3
8xxxx4720 3688.49 1000
#4
8xxxx2045 3216.29 600
#5
8xxxx4090 3020.37 600
#6
8xxxx3578 2904.38 600
#7
8xxxx0849 2877.97 300
#8
8xxxx8372 2500.34 300
#9
8xxxx0196 2162.59 300
#10
8xxxx3857 2069.47 300
Show more
Most Active Traders of the Month(Completed)
Rank/Region
Account Number
Trade volume (USD)
Prize, USD
#1
8xxxx6197 105.24 3000
#2
8xxxx9918 102.49 2000
#3
8xxxx0319 97.35 1000
#4
8xxxx8779 89.77 600
#5
8xxxx6420 80.31 600
#6
8xxxx4147 75.39 600
#7
8xxxx3480 66.58 300
#8
8xxxx9796 59.44 300
#9
8xxxx2968 49.86 300
#10
8xxxx2845 42.63 300
Show More
Most Profitable Traders of the Month(Completed)
Rank/
Region
Account Number
Realized Profit(USD)
Prize, USD
#1
8xxxx2694 4595.35 3000
#2
8xxxx6620 4132.26 2000
#3
8xxxx4720 3688.49 1000
#4
8xxxx2045 3216.29 600
#5
8xxxx4090 3020.37 600
#6
8xxxx3578 2904.38 600
#7
8xxxx0849 2877.97 300
#8
8xxxx8372 2500.34 300
#9
8xxxx0196 2162.59 300
#10
8xxxx3857 2069.47 300
Show more
Ranking and prizes displayed during the Trading Month are updated on daily basis (besides weekends), the final prizes distribution will be announced in the 1st week following the last date of each Trading Month. BYFX Global reserves the absolute right to modify and/or decide the contest winners of each Trading Month without providing reason therefor.

Compete for the winner of two categories

prize_list_v2

Compete for the winner
of two categories

prize_list_m3_v2

Contest Highlights

  • Most Active Traders and Most Profitable Traders, share prize pool of $10,000 for each category per month
  • More traders can join: up to 20places in each category giving you a chance to be on the top
  • Monthly contest and last for three months: allow traders enough time to prepare and win for the contest
  • No need to register for contest: traders using standard accounts and make minimum deposit or fulfilling minimum balance requirement of $500 within first 10 trading days of the Month will be automatically registered to the contest, no extra signup needed

  • Simple rules: top trading turnover (round-term) and top trading returns are rewarded
  • Up to 500:1 leverage on FX
  • Introduced by an experienced broker originates from Japan, one of the largest FX market globally
  • Dedicated customer support team with experience

Contest Highlights

  • Most Active Traders and Most Profitable Traders, share prize pool of $10,000 for each category per month
  • More traders can join: up to 20places in each category giving you a chance to be on the top
  • Monthly contest and last for three months: allow traders enough time to prepare and win for the contest
  • No need to register for contest: traders using standard accounts and make minimum deposit or fulfilling minimum balance requirement of $500 within first 10 trading days of the Month will be automatically registered to the contest, no extra signup needed
  • Simple rules: top trading turnover (round-term) and top trading returns are rewarded
  • Up to 500:1 leverage on FX
  • Introduced by an experienced broker originates from Japan, one of the largest FX market globally
  • Dedicated customer support team with experience

Trader Sentiment

Trader Sentiment is an indicator that shows the percentage of BYFX Global traders going long and short for major trading products. It can be used as a reference to determine your positions on various  trading products.

SYMBOL
LONGSHORT
XAUUSD
DOWUSD
EURUSD
GBPJPY
SYMBOL
LONGSHORT
USDJPY
BRTUSD
GBPUSD
WTIUSD

Trader Sentiment

Trader Sentiment is an indicator that shows the percentage of BYFX Global traders going long and short for major trading products. It can be used as a reference to determine your positions on various  trading products.

SYMBOL
LONGSHORT
XAUUSD
DOWUSD
EURUSD
GBPJPY
USDJPY
BRTUSD
GBPUSD
WTIUSD

Contest Rules

The BYFX Global Trading Contests start from 2nd March 2020 to 29th May 2020 (“the Trading Contests”). There are three trading contests through the period. The duration of each contest is one trading month (hereinafter defined). The trading month begins at GMT+8 Mon 07:05 (Wintertime, or 06:05 Summertime) on the first trading day of the month and ends at GMT+8 Sat 05:30 (Wintertime, or 04:30 Summertime) on the last trading day of the month (“the Trading Month”).

Timetable:

Duration of the Trading Contests Registration1 deadline
1st Contest: 2March – 31March 2020 13th March 2020
2nd Contest: 1April – 30April 2020 14th April 2020
Final Contest: 1May – 29May 2020 14th May 2020

1 Registration deadline refers to the deadline for making initial deposits or fulfilling minimum balance requirement for the beginning of the Trading Month (first 10 trading days of the Month); If you wish to participate in the Trading Contests, please make extra deposit to meet the minimum deposit requirement on or before this date.

Eligible Contest Participant:

The Trading Contest is available to all new and existing clients. Eligible Contest Participant should join the contest with standard account and deposit minimum USD500. The Participant who owns a swap-free account or receive any type of bonus on or before the first date of the Trading Contest is not qualified to join. However, if the participant wants to join the contest, he/she may inform BYFX CS team (cs@byfx.com) to remove all bonuses received and/or change to standard account to be qualified as the Eligible Participant.Each qualified participant can receive prizes up to 3times during the 3-months contest period and up to one category of rewards (Most Active Trader or Most Profitable Trader of the Month) per month. The higher prize amount will be counted and credit to the client’s MT4 account.

For example, Client A ranks place 6th in the category of Most Active Trader of the Month, he is entitled for prize $600; in the same month, Client A ranks place 8th in the category of Most Profitable Trader of the Month, he is entitled for prize $300. According to above rule, Client A will be credited actual $600 for winning a place in the category of Most Active Trader of the Month and receive a higher prize chosen in one category of the Trading Month.

Determination of winners:
Most active traders of the month:
participants’ total trade volume in USD value will be calculated from the 1st day participant place trades till the last trading day of the Month. The top 20 places of participants who rank the highest trade volume are deemed as winners.

Most profitable traders of the month:

participants who get the highest realized profit when calculated by the last trading day of the Month (compared to total client deposits within the Month) and who rank among the top 20 places are deemed as winners. Realized profit is calculated with the following formula:

Realized Profit = Account equity by end of the month – total client deposits of the Trading Month2

2 All balance calculation will exclude the contest prize amount. Total client deposit includes initial deposit plus the subsequent deposits within the Trading Month.

Prize reward requirements:

Winners of contest need to fulfill below trading requirements in order to withdraw the prize reward, including:

    • have a minimum of 10 executed orders (regardless of the size per order) in the Trading Month;
    • trade minimum 10 standard round-turn lots; and
    • trade during any 10 days within the Trading Month.

Once fulfilling above conditions, clients can withdraw the cash reward anytime.

Use of Participants Information For Promotional Purposes:

  • Subject to the terms and conditions stated herein, any and all monthly winners hereby allow their respective initials, location, winner’s survey and trading record (“Trader Information”) for the Trading Month to be published and/or distributed by BYFX Global, its agent and successors during and after the termination of the Trading Contests.
  • Personal information such as, but not limited to, your full name, address and account number(s) will not be published.

Disqualifications:
ANY WITHDRAWING OR TRANSFERRING OUT FUNDS FROM THE TRADING ACCOUNT(S) AND/OR RECEIVING A “MARGIN CALL” WILL RENDER AN ELIGIBLE CLIENT DISQUALIFIED TO PARTICPATE IN THE CONTEST FOR THAT MONTH WITHOUT ANY NOTICE.

For your information, you will receive a Margin Call when your equity falls below 80% of your Margin Requirement. As such, please pay attention to your account equity level during the Contest.

Show More

Frequently Asked Questions

I’m a new client, can I join the contest?
+
Yes, all new and existing clients can join the contest and only need to fulfill the criteria of Eligible Contest Participant.
Can I win the prize from both contest categories in one month?
+
Each qualified participant can receive prizes up to 3times during the 3-months contest period and up to one category of rewards (Most Active Trader or Most Profitable Trader of the Month) per month. The higher prize amount will be counted and credit to the client’s MT4 account.
How much money do I need to deposit to my account in order to enter the Contest?
+
For new and existing clients, the initial deposit or minimum balance requirement for the beginning of the Trading Month (first 10 trading days of the Month) is USD500; If you wish to participate in the Trading Contests, please make extra deposit to meet the minimum deposit requirement on or before this date.
If I want to join the Contest for the following month and I have some balance in my account, do I need to deposit again?
+
If you want to use remaining balance to join the Contest for the following month, please note the minimum balance remain in the account at the beginning of the Month (first 10 trading days of the Month) should be $500 or above. If your balance is less than this amount, please consider making extra deposits on or before this date. BYFX Global reserves the right to disqualify any participant whose account balance does not meet the minimum requirement at the beginning each month.
When will I receive the prize reward if I got into the top 20th place in one month?
+
Prize will be awarded in USD value in your trading account within 10 working days after the announcement.
Can I enter the Contest mid-month?
+
The minimum trading days required for receiving the cash prize are 10days, please make sure you reserve enough time to fulfil this requirement.
Will I be notified if I make it to the top of the list?
+
Yes, BYFX Global will contact all winners within 10 business days of the following month, either by phone or email. Please ensure your contact details are correct.
How are the cash prizes credited? Can I withdraw immediately?
+
Cash prizes are credited to your BYFX Global trading account. You can either withdraw the prize or use it for future trading.
The Contest does not allow any withdrawal or transferring out of funds, will my withdrawal of cash prize affect my qualification to continue joining the Contest?
+
If you only withdraw prize rewards and does not withdraw any of your deposited balance, it will not affect your qualification for the Contest.
What’s a Margin Call?
+
A Margin Call is when your equity drops below your Margin Requirement and may lead to one or more of your open positions be liquidated. At BYFX Global, you will receive Margin Call when your equity falls below 80% of your Margin Requirement. Please pay attention to your account equity level during the Contest. Receiving a “margin call” will disqualify an eligible participant from the Contest for that Month.

Why Choose BYFX Global

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Strong Background

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True Deep Liquidity

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High Performance Trading Platform MT4

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Client Fund Safer with Custodian Trust

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Professional Customer Service

Why Choose
BYFX Global

ib_promo_icon100px

Strong Background

promo_icon_liquidity

True Deep Liquidity

promo_icon_lplatform

High Performance Trading Platform MT4

promo_icon_sercurity

Client Fund Safer with Custodian Trust

promo_icon_contact

Professional Customer Service

Quick Account Opening for Traders

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Sign up for your portal
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Complete the form
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Fund Deposit
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You’re all set to trade
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