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Spec FX Launches NFP Forecast Challenge With Cash Rewards for Gold Price Predictions

Home » Spec FX » Spec FX Launches NFP Forecast Challenge With Cash Rewards for Gold Price Predictions
Last Updated: Jan 8, 2026 @ 4:26 pm

Spec FX has announced the launch of its NFP Forecast Challenge, a recurring promotional campaign running from May 18, 2025, to June 30, 2026, built around the U.S. Non-Farm Payrolls (NFP) release—one of the most closely watched economic indicators in global markets.

The promotion allows participants to submit forecasts on the short-term price behavior of XAUUSD (Gold/USD) at the time of the NFP release. Participants must predict both the price direction and a specific price value, with winners determined based on forecast accuracy.

How to Participate:

  • Follow Spec FX on its official X (formerly Twitter) account or Facebook page
  • Complete the NFP Forecast form by selecting:
    • Price direction: Up, Down, or Doji
    • Forecast price value formatted to two decimal places
  • Forecasts may be edited up to one hour before the official NFP release

Reward Structure:

  • 1st Prize: USD 88 (1 winner)
  • 2nd Prize: USD 38 (2 winners)
  • 3rd Prize: USD 18 (3 winners)

Evaluation Criteria and Mechanics:

  • Forecasts are evaluated using the 1-minute XAUUSD candle at NFP release time
  • Candle definitions:
    • Bullish: Open price lower than Close price
    • Bearish: Open price higher than Close price
    • Doji: Open and Close prices are approximately equal
  • Highest and lowest prices are determined using raw Bid prices from Spec FX chart data
  • Evaluation applies to both ECN and Standard account clients

Prize Distribution and Conditions:

  • Winners are notified by email within three business days
  • Rewards are credited after successful KYC verification
  • Verification and deposit must be completed within 72 hours, otherwise rewards will be forfeited
  • Spec FX reserves the right to revoke rewards in cases of ineligible participation or rule violations

Spec FX:

Spec FX is a forex broker offering trading-related promotions and structured market engagement campaigns focused on major economic events.

Check broker listings for more promotions or additional information on available trading programs.

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Feature Spec FX
Spec FX
Rating★★★☆☆3.1/5
RegulationASIC (Australia)
Min Deposit$50
Typical Spread1.00
Leverage (Max)1:2000
PlatformsMT5, Mobile
InstrumentsCommodities, Cryptos, Energies, Indices, Forex, Metals
BonusYes
Robo Trading AllowedYes
Hedging AllowedYes
Scalping AllowedYes
Swap‑Free / IslamicYes
ActionRead Review
Spec FX
Rating
★★★☆☆3.1/5
Regulation
ASIC (Australia)
Min Deposit
$50
Typical Spread
1.00
Leverage (Max)
1:2000
Platforms
MT5, Mobile
Instruments
Commodities, Cryptos, Energies, Indices, Forex, Metals
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes
Spec FX
Rating
★★★☆☆3.1/5
Regulation
ASIC (Australia)
Min Deposit
$50
Typical Spread
1.00
Leverage (Max)
1:2000
Platforms
MT5, Mobile
Instruments
Commodities, Cryptos, Energies, Indices, Forex, Metals
Bonus
Yes
Robo Trading Allowed
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Swap‑Free / Islamic
Yes

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