TMGM has announced its global trading competition until March next year where clients can win from a whooping reward pool of $176,500.
Australian broker, TMGM once again holds a new trading competition with the following details:
- Registration Period: 24 October 2022 00:00:00 – 17 March 2023 23:59:59 AET
- Competition Period: 1 November 2022 00:00:00 - 31st March 2023 23:59:59 (MT4 Time)
All TMGM clients with different types of live accounts can enter the competition to win a total prize pool of up to $176,500. Furthermore, clients can choose to join between 2 groups: Master Group and Ares Group. The Master Group will be further divided into blue and red sub-groups, and participants can pick one of the sub-groups (blue or red). Participants will only compete for ranking within the ed sub-group or group. Here are the complete criteria per group:
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Master Group (Red/Blue)
Group requirement for deposit: $500 - $19,999
2 standard lots for every $1,000 USD deposit (or 0.2 lots for every $100 deposit). If you deposit $1,000 then you are required to trade 2 standard lots required or if you deposit $5,000 then 10 standard lots are required. -
Ares Group
Group requirement for deposit: $20,000+ USD
1.5 standard lots for every $1,000 USD deposit. If you deposit $50,000 then you need to trade 75 standard lots. If you deposit $100,000 then 150 standard lots are required.
With a total amount of $70,000, there will be 16 winners for the Master Red group and another 16 in the Master Blue group as written below:
- 1st place $15,000
- 2nd place $7,000
- 3rd place $3,000
- 4th place $2,000
- 5th place $1,000
- 6th – 8th place $1,000
- 9th – 16th Place $500
Meanwhile, the 8 winners from the Ares group will get:
- 1st place $65,000
- 2nd place $20,000
- 3rd place $10,000
- 4th place $4,000
- 5th place $3,000
- 6th – 8th place $1,500
In addition, the top 10 in the Blue Sub-group, the top 10 in the Red sub-group, and the top 10 in the Ares group will be awarded certificates. The top 3 in the Blue Sub-group, the top 3 in the Red sub-group, and the top 3 in the Ares group will be awarded trophies.
How to Sign Up?
To enter the competition, clients must have an active MT4 account at TMGM first. After that click "Join Now" on the competition link and fill in the registration form. The TMGM team will contact you later to confirm your participation in the competition. However, note that you can register for the competition with your current account provided that the account has no open positions on November 1, 2022, 00:00:00 (MT4 time). If you have open positions, then you must open an additional trading account before registering for the competition.
Winners will be announced 10 days after the competition ends (31st March 2023) and will send awards to winners within 30 working days. Cash prizes can be withdrawn or used as margin for your trades.