Win a $100K Funded Account Challenge
Ever wondered what it’s like to manage a $100,000 trading account? Tickmill, a globally renowned broker, is offering a unique opportunity for traders in the Arab region (excluding Iraq, Libya, Sudan, Yemen, and Syria) to showcase their skills and compete for lucrative prizes through their latest trading challenge. This competition is completely free to enter, with no entry fees. Here’s everything you need to know to get started and aim for the top prize.
Challenge Overview
- Free Access: Compete for one of three $100,000 funded accounts.
- Withdraw Profits: Keep up to 70% of the profits you make.
- No Entry Fees: Register for free until 31.07.2024.
How to Participate
Phase 1: Registration and Trading
- Open a New Campaign Account: Choose between MT4 or MT5 platforms.
- Deposit a Minimum of $1,000: This is your capital to trade with during the challenge.
- Stay in the Competition: Trade actively and aim for a top 3 ROI position.
Important Dates:
- Challenge Period: 01.07.2024 to 30.09.2024
- Registration Period: 01.07.2024 to 31.07.2024
Qualification Criteria:
- Trading Days: At least 20 trading days.
- Max Drawdown: 10%
Top 3 Winners: Based on ROI.
Trading Instruments: All available at Tickmill.
Phase 2: Managing a Funded Account
If you finish in the top 3, you will be contacted to start trading with a funded account.
Funded Account Details:
- Trading Instruments: FX Pairs with a leverage of 1:50.
- Max Drawdown: 5%
- Profit Withdrawals: Up to 70%
- Platform: MT4/MT5
Funding Amounts:
- 1st Place: $100,000
- 2nd Place: $75,000
- 3rd Place: $50,000
Frequently Asked Questions
What is a funded account? A funded account is provided to the top 3 winners, allowing them to manage Tickmill’s funds and retain up to 70% of the profits.
Can I re-enter if disqualified? If you exceed the maximum drawdown, you can rejoin the competition by making a new $1,000 deposit within the registration period.
Are there any costs to participate? No, there are no entry fees. Your $1,000 deposit is your capital and remains under your control.
What happens if I hit the maximum drawdown? In Phase 1, you can continue trading but cannot win the competition. In Phase 2, exceeding the maximum drawdown disqualifies you from the funded account.
How will I know if I won? Tickmill will contact the top 3 traders. An informative dashboard will also track your performance throughout the challenge.
What happens after Phase 1? Top 3 traders enter Phase 2 with funded accounts. You can also withdraw your initial deposit or continue trading with it.
Why are there drawdown and trading day restrictions? These criteria ensure that only skilled traders with good risk management are selected.
How can I withdraw from my funded account? You can withdraw up to 70% of the profits made from trading on the funded account.
For more information and to register, visit the Tickmill Trading Challenge page.
Don’t miss this chance to showcase your trading skills and win a significant funded account. Register now and enjoy CashBack while you compete with the best!
Terms and Conditions: For detailed terms and conditions, please refer to this document.