XM Forex Penguin

XM Forex Penguin

Spec Markets Live Contest

Home » Forex Live Contest » Spec Markets Live Contest

Broker Details

Company Icon
Broker Name
Spec Markets
Penguin Meter
Penguin Meter
Bonus Description
Contest Description
Trading Cup 2026
Expiry Date
Expiry Date
October 8, 2026
Spec Markets Live Contest

Spec Markets Live Contest Details:

STP Forex Penguin

STP Forex Penguin


Spec Markets Trading Cup 2026: Trade Your Way to a Share of $30,000

Ready to put your trading skills to the test? The Spec Markets Trading Cup 2026 is bringing traders together for a three-week competition on MT5, with USD $30,000 in total prizes up for grabs. Registration is open until 15 September 2026, so eligible traders have limited time to secure their spot and aim for the top of the leaderboard.

How to Participate:

Joining the Trading Cup takes a few simple steps:

  • Register: Sign up through the official Spec Markets Trading Cup portal and complete KYC verification.
  • Fund: Deposit at least USD $200 into an MT5 live account.
  • Trade: Trade eligible markets, including forex, gold, indices, crypto and more, during the competition.
  • Meet the requirements: Complete at least 10 active trading days and reach the minimum trading volume of 2 lots per USD $200 deposited.

The volume requirement scales with your deposit. For example:

  • USD $200 deposit = minimum 2 lots
  • USD $400 deposit = minimum 4 lots
  • USD $1,000 deposit = minimum 10 lots

How to Compete:

The competition puts every eligible trader on one leaderboard, with rankings determined by Rate of Return, not simply by who makes the most money.

The calculation is:

Rate of Return = (Final Equity − Initial Capital) / Initial Capital

Initial Capital includes deposits and transfers into the competition account. Additional deposits are permitted and will also be included in the calculation.

To qualify for a prize, traders must complete both the required 10 active trading days and the minimum trading volume before the competition ends.

An active trading day is generally any day when the account has at least one open position, whether it was opened that day, carried over from an earlier day, or closed that day. Weekends can also count when a position remains open.

Prize Pool

The competition offers USD $30,000 across 10 winning positions:

  • 1st place: USD $10,000
  • 2nd place: USD $8,000
  • 3rd place: USD $5,000
  • 4th–10th place: USD $1,000 each

In the event of a tie in Rate of Return, the trader who reached the return first according to the MT5 server timestamp will rank higher. If the tie remains, the earlier registration timestamp will determine the ranking.

Important Notes and Terms:

The Trading Cup is open to eligible residents of countries where Spec Markets operates. Participants must be 18 or the legal age in their jurisdiction, complete full KYC verification and hold an eligible MT5 live account.

Social Trading followers, PAMM accounts and Cent accounts are not eligible.

Fair play is mandatory. All competition trades must be placed manually. The following activities are prohibited and may lead to immediate disqualification:

  • Expert Advisors, trading bots or other automated order execution
  • Copy trading tools
  • Hedging across multiple accounts
  • Arbitrage or latency exploitation
  • Price manipulation or server abuse
  • Manipulation of bonus funds to artificially increase returns
  • Other violations of the Spec Markets Client Agreement

Trading Credit Bonuses are also not permitted during the competition. Participants who hold or receive an active Trading Credit Bonus during the competition period will be ineligible.

Meeting the deposit requirement gets you onto the leaderboard, but only participants who satisfy both the minimum volume and active trading-day requirements can qualify for prizes.

Key Dates:

  • 31 August 2026: Registration opens
  • 15 September 2026: Registration closes
  • 17 September 2026: Competition begins
  • 8 October 2026: Competition ends
  • 12 October 2026: Winners announced

Winners will be announced within three business days of the competition ending, with prizes distributed within five business days of the announcement.

Ready to Take the Challenge?

The clock is ticking. Register by 15 September 2026, meet the entry requirements and get ready to compete against traders on a single leaderboard for a shot at USD $10,000 in first-place prize money and a share of the USD $30,000 total prize pool.

Before participating, be sure to read the full Terms & Conditions and understand the risks involved. CFD and leveraged forex trading carry a high level of risk and may not be suitable for all investors. You could lose more than your initial deposit.


Featured Brokers on Forex Penguin

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted