Real Scalping Contest from InstaForex
by shahid hussain on Monday, May 11, 2009,
InstaForex has announced that the «Real Scalper InstaForex» contest will be held every week on Friday (full Friday trading session). It’s an extreme scalping contest that is performed on the real money accounts with $100 initial deposit and $1,500 prize fund. The rules are very simple — you register for the contest, fund the contest account with exactly $100.00 before Friday (server time) and trade all day on Friday to come with the highest balance out of all contestants. The prizes are distributed in the following way:
- 1st place — 500 USD;
- 2nd place — 400 USD;
- 3rd place — 300 USD;
- 4th place — 200 USD;
- 5th place — 100 USD.
It’s an curious thing to know that in the first «Real Scaler Contest» only 10 traders out of 200 registered deposited exactly $100.00 before Friday and thus every 2nd participant became a winner that time. Of course, all the account balance that remains after the contest can be freely withdrawn by the participants. This contest is a great opportunity for the scalpers and short-term intraday traders to earn money and prove their skills. All traders are able to easily follow up the contest progress through the ranking table.
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