Alpari NZ | Successful investor Forex Live contest

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.