November 2024 – Ventezo, a leading online trading platform, has launched an exciting new copy trading competition offering cash prizes of up to $3,600. This competition, designed to reward traders for their profitability and trading strategies, will run from August 20, 2024, to November 20, 2024, with winners announced on November 25, 2024.
The competition is open to all verified Ventezo clients with a minimum trading balance of $100 in the platform’s Copy Trading system. Participants will compete to achieve the highest profitability over the contest period, while adhering to key risk management parameters, including a maximum drawdown of 20% and a maximum deposit utilization rate of 20%.
Key Details of the Ventezo Copy Trading Profitability Competition:
- Contest Duration: August 20, 2024 – November 20, 2024
- Eligibility: Open to all verified Ventezo clients with a trading account balance of at least $100
- Platform: MT4 (MetaTrader 4)
- Trading Conditions: Maximum 20% drawdown and maximum 20% deposit utilization rate
- Prize Pool:
- 1st Prize: $2,000 for equity of $500 or more
- 2nd Prize: $1,000 for equity of $250 or more
- 3rd Prizes: $200 each for equity of $100 or more
How to Enter:
Participants can automatically join the competition if they are already registered and have an active trading account with a minimum of $100 in equity. New participants must create a Ventezo account, transfer at least $100 to their copy trading account, and begin trading to accumulate profitability. Traders who achieve the highest profitability in their respective equity categories will claim the top prizes.
Competition Rules and Conditions:
- Maximum Drawdown and Deposit Utilization: To promote sustainable and balanced trading strategies, participants must maintain a maximum drawdown of 20% and a maximum deposit utilization rate of 20% throughout the competition.
- Inactivity Clause: Accounts that have not engaged in any trading activity for over two weeks will be disqualified from the competition.
- New Account Restriction: Accounts created within three weeks of the competition’s end will not be eligible for the main prizes.
- Prize Eligibility: Winners are selected based on equity and the highest percentage profitability during the competition period. Each account is eligible to compete in only one prize group.
Ventezo encourages traders to adopt smart risk management strategies and track their progress using the contest’s built-in trader ratings system. As part of the competition, participants will be able to follow top-performing traders while maintaining control over their funds.
Prize Distribution:
- 1st Prize Group: $2,000 cash for equity from $500
- 2nd Prize Group: $1,000 cash for equity from $250
- 3rd Prize Group: $200 cash for equity from $100
Winners and Announcement:
The winners will be determined based on the highest profitability and adherence to competition rules. Cash prizes will be credited directly to the winners’ Ventezo trading accounts and can be withdrawn or used for further trading. The results will be published on Ventezo’s official website on November 25, 2024.
About Ventezo:
Ventezo is a premier online trading platform providing retail traders with advanced tools and services for forex and financial market trading. With a commitment to transparency, security, and customer satisfaction, Ventezo offers a range of account types, including the popular copy trading feature, allowing investors to replicate the strategies of top traders.
