Sharpen your skills and compete for amazing prizes. Whether you’re a seasoned trader or just starting out, everyone has a chance to win big!
Free MT5 Trading
Competition
$500k prize pool!
November 1st, 00:00 – November 30th 23:59 UTC
Here's How it Works
Ready, Set, Compete!
Pre-register and wait
To participate, go to the tournament and lick the “Register” button within that tournament’s frame. Make sure to register ahead of time and be ready when the tournament starts.
1
Trading starts on November 1st
On the day of the competition, check your email for login details to your tournament account. Once you have the information, start trading immediately! The goal is to make as much profit as possible in a short time to secure your spot on the leaderboard. Good luck!
⚠️ Important: To be eligible for the competition, you must post your analyses and trades by tagging @trading_cult on X.
2
Announcement of results
Once the competition ends, the official team will thoroughly review the results to determine the winners. Any suspicious or rule-breaking activity will result in disqualification and forfeiture of any prizes. We kindly ask all participants to follow the rules throughout the competition.
3
Winners will be notified via email with instructions on how to claim their prizes. Stay tuned and best of luck!
Prize Showcase
1st Place
200K 2 Step Evaluation ($999)
+ $500 discount code on 200K 2 Step
2nd Place
100K 2 Step Evaluation ($499)
+ $250 discount code on 100K 2 Step
3rd Place
100K 2 Step Evaluation ($499)
+ $150 discount code on 100K 2 Step
4th - 5th Place
30K 2 Step Evaluation ($299)
+ $100 discount code on 30K - 200K 2 Step
6th -8th Place
10K 2 Step Evaluation ($99)
+ $100 discount code on 30K - 200K 2 Step
9th -10th Place
5K 2 Step Evaluation ($30)
+ $100 discount code on 30K - 200K 2 Step
11th – 20th Place
$100 discount code on 30K - 200K 2 Step
Competition Rulebook
During the competition, you will trade on a demo account according to the following conditions.
- 5% Daily Loss Limit recalculated every day after a rollover (00:00 server time)
- 10% Maximum Loss of the starting balance
- Trade for a minimum of 3 Days
- Since this competition utilizes demo accounts, there are no restrictions on trading strategies. Feel free to trade without limitations and explore various approaches!
- Prize Accounts will be issued on the MT5 platform only
What is the Daily Loss Limit?
The Daily Loss Limit is the maximum amount you are allowed to lose during a single trading day. It is calculated as a percentage of your account balance at 00:00 server time each day.
For example, if your Daily Loss Limit is 5% and your balance at 00:00 is A, your equity must not fall below A – (A × 0.05) at any time before the next 00:00.
This rule ensures that you do not lose more than the allowed percentage of your starting daily balance within one trading day.
What is Maximum loss rate?
It is always calculated based on the initial capital. 100,000 USD x 0.9 = 90,000 USD If the effective margin falls below 90,000 USD during the competition, you will be disqualified and your account will be closed.
Losses include unrealized losses on open positions.
Please note that you will be disqualified and your account will be closed if your equity falls below the required margin level.
Account
Information
Account Type Demo Account
Initial Balance 100,000 USD
Leverage: 30x
All Instruments available
3 Days of trading activity is required
