HY Markets is going to launch its first trading competition on the 1st of October and will run through the 30th of November 2012. The 8-week competition is open for Forex traders of all levels. It aims to provide opportunities for Forex traders to improve their skills and gain more knowledge of the market.
The mechanics of the competition is simple. Each participant will be given $10,000 (US) virtual money to trade within their HY Markets trading account. They choose from a wide range of products offered by HY Markets including Forex, precious metals, oil & gas, indices and agricultural commodities. The winning participants would be the ones who incur the highest profitability in their trades.
A total of 25 prizes will be awarded to competition winners. The Grand Champion or the participant having the highest profitability in the entire course of the competition will be awarded with $3,000 (US) credited to his real trading account and 1 year free access to Trading Central analysis software. Weekly prizes will also be given to the top traders. The weekly champion will receive $1,500 (US) credited to his real account and 6 months access to Trading Central analysis software. The weekly 2nd placer will receive $1,000 (US) credited to his real account and 3 months access to Trading Central analysis software and lastly, the weekly 3rd placer will receive $500 (US) credited to his real account and 1 month access to the Trading Central analysis software. Competition rules and details on how to join will be available at www.hymarkets.com soon.
HY Markets is a market leader in providing investors with online access to a wide range of financial products including currencies, precious metals, oil & gas, indices and agricultural commodities. It is headquartered in London and has over 30 years of operational history in the investment sector.
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