GMI 'New Year Sprint Contest' Live Trading Contest
Showcase your trading technique, take on the market, and sprint your way to the top for a chance to claim exciting prizes.
Celebrate the start of 2025 with an exhilarating trading competition that brings together the best traders from Thailand and Malaysia.
Secure your spot - join the competition now!
Event Period: 2nd December 2024 - 28th December 2024
Event Period:
From 2nd December 2024 until 28th December 2024
Gift Pool:
1st Position: 7,500 USD worth of prize 2nd Position: 4,500 USD worth of prize 3rd Position: 3,000 USD worth of prize 4th Position: 2,250 USD worth of prize 5th Position: 1,500 USD worth of prize 6th to 10th Positions: 750 USD worth of prize per position 11th to 30th Positions: 150 USD worth of prize per position
Minimum Requirements to join:
Unlock the excitement with a minimum deposit or internal transfer of 50 USD!
Prizes are awarded based on the higher Percentage of Profit and Loss (PnL)
* The ranking formula is adjusted to consider starting equity, ending equity and transactions in between (money in & out) to provide a fair measure of performance.
Advantages of participating in trading competition
profit from your trades and win extra in contests!
Contest account has no upper limit, and you can re-deposit anytime!
Showcase your trading skills, earn a spot on the leaderboard, and gain recognition within the trading community for your achievements.
3 easy steps to join the contest
Register, get verified and open a 'New Year Sprint Contest' Standard Account Type in the Members Area
Deposit a minimum of 50 USD
Start trading and get to the top as champion!
FAQ
1. How do I participate in the Trading Competition?
You need to register as a GMI client, get verified and open a 'New Year Sprint Contest' Standard Trading Account in the Members Area.2. How much money do I need to invest to participate in the competition?
A minimum deposit of 50 USD via new deposit or internal transfer is required to participate during the event period.3. Can clients open more than one Competition Trading Account with the same contest?
Yes, clients can open more than one Competition Trading Account for the GMI 'New Year Sprint Contest' contest, considering that they cover the requirements for the second, third, etc. account as well.Terms and Conditions
Introduction
Eligibility Requirements
Participants must:
- Be verified clients of GMI
- Open a 'New Year Sprint Contest' Standard Trading Account
- Top Up a minimum of 50 USD via new deposit or internal transfer during the Contest Period to participate.
Contest Period
Start Date: 2nd of December 2024, 00:00:00 UTC
End Date: 28th of December 2024, 23:59:00 UTC
Who can participate?
Prizes
1st Position: 7,500 USD worth of prize
2nd Position: 4,500 USD worth of prize
3rd Position: 3,000 USD worth of prize
4th Position: 2,250 USD worth of prize
5th Position: 1,500 USD worth of prize
6th to 10th Positions: 750 USD worth of prize per position
11th to 30th Positions: 150 USD worth of prize per position
General
Any type of arbitrage trading or other abuse of prices and/or quotes will be cancelled from the Contest.
GMI reserves the right to reject or cancel any participant without giving reasons. Reasons for disqualification may include opening large opposite positions in the same currency pair on different trading accounts at the same time, as well as using quotation flow failures to obtain guaranteed profits or any kind of fraud.
GMI reserves the right to declare any prize awarded invalid and subject to cancellation upon direct or indirect evidence of attempted fraudulent operation of prize funds.
GMI reserves the right, at its sole discretion and as it deems fit, to alter, amend, suspend, cancel or terminate the Contest, or any aspect of the Contest at any time and upon any reasonable cause. Under no circumstances shall GMI be liable, for any consequences of any alteration, amendment, suspension, cancelation or termination of this Contest.
Any taxes arising from Contest winnings are the sole responsibility of the participants.
Terms & Conditions
* The promotion is valid for the period of 2nd December 2024 to 28th December 2024
* The 'New Year Sprint Contest' account type is a Standard Account
* Contestants can open more than one Competition Trading Account for the GMI 'New Year Sprint Contest' Contest, considering that they meet the criteria.
* Each client is eligible to win only one prize, which will be the highest value prize they qualify for.
* All Instruments are eligible for the calculation
* The ranking is determined based on the Percentage of Profit and Loss (PnL) ratio.
* Participants must achieve a minimum of 5% of Profit and Loss (PnL) to be eligible for any Contest prizes. Contestants failing to meet this threshold will not qualify for rewards, regardless of their ranking.