The FX Trail is the new GMT Primes contest which is designed to those traders who want to become market professionals.
Up to $10,000 will be given during 10 rounds of 2 weeks. You just need to enroll one time to compete in every rounds.
A rounds winner could get up to $1,000. After winning the round, you just need to trade during 9 weeks with your new live account to get the complete rounds prize.
Participants with good performance will be invited to our coming product: Traders Database. The contest starts on May 11th, 2014.
GMT Prime will give up to USD $10,000 split between 10 prizes of $1,000.
1.- Prizes up tp $1,000 each Round.
$ 1,000.00 (one thousand USD) on a GMT Prime’s live account to be paid in 10 parts of $ 100 (one hundred USD) weekly *.
- Only one participant can be winner on every round. If there is a tie (a situation when a couple of traders finish the competition with the same ending balance) GMT Prime will deliver the award to the trader with the highest number of positive trades. It the ties goes on, the award will be given to the trader with the lowest drawdown.
- Prize delivery will be made on a real GMT PRIME account. If a winner traderdoes not have an account at GMT Prime, the person will apply to the normal process, in order to open an account. If there is a denial of the approval process, GMT PRIME will give the award to the next participant competing for the same award in the same category.
- After opening the live account with GMT Prime, the prizewinner could receive up to ten (10) deposits $ 100 (one hundred) to his/her account. The prizewinner will receive $ 100 on the first week and the following weeks will receive $ 100 (one hundred) more, if and so far, at least 3 trades were open in his/her live account during the preceding week (every week must open at least 3 trades).
- The previous cycle could be repeated until the prizewinner has received a maximum of $ 1,000 in deposits. If the prizewinner fails to open at least 3 trades during a week, he/she would not receive the rest of the $1,000 prize.
- If after 15 days of announcing a round winner, he/she has not send the required documentation or was unable to locate, the participant forfeits the right to claim the prize.
- Winners may request a withdrawal for the totality of the funds earned in the contest after 90 days of opening the live account. They also must have open at least 20 trades in their live account. The minimum withdrawal amount accepted by GMT Prime is $200. The participant should be aware that transfer fees could be up to $40.
*In case of failure to comply wi the previous conditions, GMT Prime reserves the right to suspend fully or partially the payment of the prize to the round’s winner.