Broker Details
MONDFX Demo Contest Details:
Master the Markets, Claim Your Glory: The Mond Cup Trading Tournament
The Mond Cup is a 14-day global trading tournament organized by MondFx, offering traders the chance to compete using a $10,000 demo account with zero risk. With $40,000 in cash prizes and $5 million in funded accountsavailable, the competition rewards not just a few winners but 1,001 traders worldwide. Participation is free and requires no deposit, making it accessible to both new and experienced traders.
Participation Process:
Getting started in the Mond Cup is straightforward:
- Register for free on the MondFx platform.
- Complete KYC verification to ensure fair participation and prevent multiple accounts.
- Receive your $10,000 demo competition account once verified.
- Prepare to trade when the competition officially begins.
Registration Period: February 22 – April 10
How to Compete:
The tournament follows a clear schedule:
- Registration Window: February 22 – April 10
- Trading Begins: April 13 (competition accounts activated)
- Competition Ends: April 24
- Winners Announced: April 27
Participants trade through MetaTrader 5 (MT5) using a PRO ECN account with fixed leverage of 1:500. A live leaderboard updates in real time, allowing traders to monitor rankings and adjust strategies.
Risk Management Rules:
- 5% maximum daily drawdown
- 12% maximum overall drawdown
- Breaching these limits leads to automatic disqualification
Prize Listings
The Mond Cup distributes rewards across 1,001 winners, with both cash prizes and funded trading accounts.
- Top 10 Elite Winners
- 1st Place: $5,000 cash + $50,000 funded account
- 2nd Place: $3,000 cash + $50,000 funded account
- 3rd – 5th Place: $1,000 cash + $50,000 funded account (3 winners)
- 6th – 10th Place: $500 cash + $40,000 funded account (5 winners)
- Additional Funded Account Prizes
- Ranks 11 – 50: $30,000 funded account (40 winners)
- Ranks 51 – 100: $20,000 funded account (50 winners)
- Ranks 101 – 150: $10,000 funded account (50 winners)
- Ranks 151 – 200: $5,000 funded account (50 winners)
- Ranks 201 – 1,001: $1,000 funded account (801 winners)
Important Notes and Terms:
- Entry Fee: None. Participation is 100% free.
- KYC Requirement: Mandatory to ensure each participant is a unique trader and to prevent multi-accounting.
- Trading Platform: MetaTrader 5 with a PRO ECN configuration.
- Leverage: Fixed at 1:500 for all participants.
- Trading Styles: All strategies are allowed, including Expert Advisors (EAs), provided they comply with the platform’s terms.
Conclusion
The Mond Cup presents a rare opportunity for traders to test their strategies in a competitive yet risk-free environment. With a large prize pool, transparent ranking system, and the chance to secure funded trading capital, the tournament offers both recognition and real opportunities for growth. Traders interested in participating must complete registration and verification before April 10 to secure their competition account.
