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Harmovest Capital Live Trading Contest

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Broker Details

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Broker Name
Harmovest Capital
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Penguin Meter
Bonus Description
Contest Description
Elite Trader of the Month
Expiry Date
Expiry Date
On Going
Harmovest Capital Live Trading Contest

Harmovest Capital Live Contest Details:

STP Forex Penguin

STP Forex Penguin


Elite Trader of the Month – Harmovest Capital Trading Competition

Harmovest Capital’s “Elite Trader of the Month” is a global monthly trading competition designed to reward discipline, consistency, and strong risk management under real market conditions. Each month, one trader is selected based purely on performance and earns both cash rewards and global recognition.

How to Participate:

To join the competition, traders must:

  1. Open and maintain an active live trading account
  2. Complete eKYC verification
  3. Maintain a minimum net deposit of USD 500
  4. Meet the required trading volume
  5. Agree to the official Terms & Conditions
  6. Register through the official form or client portal (email confirmation may be required)

Once registered, participants can begin trading during the monthly campaign period.

How to Compete & Win:

Winners are determined through measurable trading performance. Key evaluation factors include:

  • Net profit generated during the month
  • Total trading volume (minimum requirement: 10 standard lots)
  • Risk management and position sizing
  • Maximum drawdown control (limit: 30%)
  • Consistency and disciplined trading behavior

Only closed trades are counted, and all trading activity is monitored to ensure fairness. Each month starts with a reset leaderboard, giving all participants an equal opportunity.

Prizes & Rewards

  • First Place: Up to USD 1,000 cash reward
  • Global Recognition: Feature on the official Wall of Fame
  • Public Exposure: Possible interviews, trading insights, and social media recognition

Only one winner is selected each month, making the competition highly performance-driven.

Important Rules & Conditions:

To maintain fairness, the following rules apply:

  • Minimum trade holding time is 3 minutes
  • Hedging and abnormal trading strategies may be excluded from volume calculations
  • Multiple account participation is not allowed
  • Arbitrage or manipulative strategies are prohibited
  • Internal transfers are not considered deposits
  • Accounts may be disqualified if suspicious activity is detected

The company reserves the right to review, amend, or disqualify participants if rules are violated.

Campaign Schedule:

  • Competition period: First to last day of each month
  • Winner announcement: Within 5 business days of the following month
  • Reward distribution: Within 5 business days after announcement

Final Note

The Elite Trader of the Month competition focuses on smart and disciplined trading rather than high activity. Every month is a fresh start, and only consistent, risk-managed performance determines the winner.


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