In the Master group, certificates will be awarded to the top 20 students; in the Ares group, certificates will be awarded to the top ten students. Top players in the master group and top players in the amateur group will receive trophies.
The competition results are calculated according to these rules The ranking will be determined by the percentage increase of account equity at the end of the competition. The rate of return formula is as follows:
Initial Deposit + Accumulated Fund Transferred In = Final Equity
Transfer of initial deposit and accumulated funds
Initial Deposit = Account balance at 00:00 (M4 time) on 1st September 2021
Sum of accumulated deposits plus contributions received internally during the competition = accumulated deposits plus contributions received internally
In the MT4 Time Zone, the Financial Equity on 30th November 2021 will be equal to the Financial Equity at 23:59:59.
Credits are not included in the calculation
In the return rate, all MT4 instruments are included, including both profits and losses.
As an example: Trading accounts have an initial balance of 5,000usd and are credited with another 2,000usd via internal transfer. In the end, 5,000 USD profits have been made and 1,000 USD has been withdrawn, and the Final Equity is 16,000 USD.
A rate of return of 33.33% would be computed as [16000 -(5000+5000+2000)] /(5000+5000+2000) x100 Forex Contests, Forex Contest, Forex Live Contests, Forex Demo Contests