The Successful Investor competition has been running for two years already and has a huge following amongst Alpari clients around the world. As the name suggests, clients win prizes for demonstrating their investment skill and don’t have to trade by themselves. The investor who makes the highest return in each round can choose their prize, either an iPad 4 or 700 USD to their account. Source: alpari-forex.com, “Trading Contests
Alpari NZ | “Successful investor” Forex live contest
Joining Link: Live contest
Registration time: Runs every month
Duration: One month
Ending Date: All Year 2017
How to Apply: Create a Managed account. Make at least $500 deposit
How to gain: The investor who makes the highest return in each round
Terms and conditions – Alpari NZ live contests
Managed accounts on which the balance goes below 500 USD or 400 EUR during the course of a round are not included among those eligible to win
The formula used in the contest for determining the rate of return is as follows:
Rate of Return = (P2 – P1)/P1*100%, where
P2 = the share price of the PAMM Account at the moment of the last Rollover of the month or the share price at the moment the contestant’s Managed account is closed.
P1 = the share price of the PAMM Account the moment the contestant entered the contest
Prizes of the contest
iPad or $500 added to the transitory account.