The TMGM Global Trading Competition offers traders worldwide the chance to compete for a massive $468,600 USD prize pool across multiple categories, with weekly rewards and opportunities to showcase their skills.
Contest Overview
| Contest Sponsor |  (TMGM) |
|---|---|
| Prizes | $468,600 USD Prize Pool |
How to participate
You need to register a valid TMGM trading account during the registration period, meet the deposit requirements, and start trading within the competition timeline.
TMGM Global Trading Competition Table of Contents
The TMGM Global Trading Competition is designed to attract traders from around the globe, offering a substantial prize pool of $468,600 USD. This contest is not only about rewarding the most proficient traders but also about creating an engaging environment that encourages strategic thinking and real-time decision making.
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Competition Structure and Prize Distribution
The competition is structured into several groups, each tailored to different levels of trading experience and capital investment. These include the Evolving Elite, Rising Star, Ares, and three Master groups (Red, Blue, Black), each with its own set of entry requirements and rewards.
- Evolving Elite (MT5)
- Total Prize Pool: $192,000
- 1st Place: $100,000
- 2nd Place: $70,000
- Additional prizes for positions up to 10th.
- Rising Star (MT4)
- Total Prize Pool: $22,400
- 1st Place: $10,000
- Prizes for positions up to 10th.
- Ares (MT4)
- Total Prize Pool: $142,000
- 1st Place: $85,000
- Prizes for positions up to 10th.
- Master Groups (MT4) – Red, Blue, Black
- Each Group’s Total Prize Pool: $27,400
- 1st Place: $10,000
- Prizes for positions up to 20th.
Participants can win up to $2,000 USD weekly, with instant rewards adding an element of excitement to the competition.
Entry Conditions and Requirements
The competition is open to all regions except SEA, with distinct groups based on the MT4 or MT5 platforms:
- MT4 Division:
- Includes the Master and Ares groups, with a deposit requirement of $500 – $19,999 USD for the Master groups and $20,000+ USD for the Ares group.
- MT5 Division:
- Includes the Rising Star and Evolving Elite groups, with similar deposit requirements.
Participants must engage in trading for at least 10 days within the competition period to qualify, ensuring that traders are actively involved throughout the contest.
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Special Weekly Awards
The competition also features weekly awards for the highest profitability and trading volume:
- Weekly Highest Profitability Award: $500 USD for the top performer in terms of profit rate.
- Weekly Highest Trading Volume Award: $500 USD for the trader with the most volume.
These awards are presented across different groups, ensuring broad participation and continual excitement.
Detailed Rules and Compliance
To maintain fairness, the competition enforces strict rules regarding trading volume and time. Traders must meet specified lot sizes based on their deposits, calculated as one standard lot per $500 USD deposit. For higher deposits in elite groups, this ratio increases, requiring more significant trading volumes to qualify for rewards.
Participants are also required to maintain their trading positions for a minimum of 10 days, ensuring that the competition reflects sustained trading strategies rather than short-term gains.
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Effective Trading Lots and Time
- Effective Trading Lots: These are calculated based on the participant’s initial and ongoing deposits and must align with the trading requirements to qualify for the competition.
- Effective Trading Time: Participants must ensure that their trading activity spans at least 10 days, with all trades contributing to the overall competition metrics.
Financial Calculations and Equity Assessments
The rate of return is a critical measure in this competition, calculated using a detailed formula that considers initial and accumulated deposits, internal transfers, and miscellaneous financial activities. This formula helps ensure that the competition’s outcomes reflect true trading skill and strategy implementation.
The TMGM Global Trading Competition is set to be a landmark event in the trading community, offering not only significant financial rewards but also a platform for traders to showcase and enhance their trading skills. With its detailed structure and substantial prize offerings, the competition is poised to be a resounding success, attracting participants eager to test their strategies and earn top honors in this challenging trading arena.
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Please check TMGM official website or contact the customer support with regard to the latest information and more accurate details.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...