IronFX is bringing the 2022 Next Iron Trader Competition with a prize pool of $550,000, and other expensive prizes until the end of May.

IronFX announced the launch of The Next Iron Trader trading contest which started on March 1 and will last for 3 months until May 31, 2022. IronFX clients from all over the world stand a chance to win a total cash prize of $550,000.

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IronFX is a global leader when it comes to online trading, with 6 trading platforms and over 300 instruments. The broker serves more than 1 million retail clients in 180 countries by providing ultra-low spreads and fast execution.

The top 3 winners will be ed based on the highest profit at the close of the market on May 31, 2022 and are entitled to receive the following prizes:

  • 1st prize: $250,000
  • 2nd prize: $150,000
  • 3rd prize: $100,000

The next winners with the highest trading volume are also entitled to an additional bonus prize of $50,000. In addition to cash prizes, all participants can enter the monthly raffle to win prizes in the form of:

  • Apple iPhone 13 (worth $1,000)
  • Tablet Lenovo Tab M10 (worth $250)
  • Smartwatch Huawei Watch GT 2 Pro (worth $200)

However, in order to take part in this event, both new and existing clients must first open a live trading account and deposit a minimum of $2,000 during the competition period.

A representative of IronFX said, "We are very excited and cannot wait and see how all our traders perform! For those just signing up with us, the competition is a great way to explore our products and services. We offer free tailored education via our trading school, as well as webinars and expert analysis. We also provide access to independent research via Trading Central."