Thread: *** King of the Micro Trading Contest Ends July 2012 ***

King of the Micro Trading Contest Ends July 2012

The time has come to officially end the King of the Micro trading contest. Please note that the July 2012 contest will be the last.

Coming Soon: FXCM will be introducing an entirely new, redefined trading contest to replace the King of the Micro. Stay tuned on these forums to learn more.

It'll be interesting to see what FXCM has come up with as a replacement!

Originally Posted by Rob at FXCM

King of the Micro Trading Contest Ends July 2012

The time has come to officially end the King of the Micro trading contest. Please note that the July 2012 contest will be the last.

Coming Soon: FXCM will be introducing an entirely new, redefined trading contest to replace the King of the Micro. Stay tuned on these forums to learn more.

When the New contest will start?.Good if it starts from Aug-2012.

so bad!!!!!!!!!

Sad to hear about this. Can I suggest bringing back the BYOA contesT?

Hello LitheInvestment, and thank you for your post!


Are there any plans for bringing back the "Be Your Own Analyst" contest?

Although there aren't any plans at this time to bring back the "Be Your Own Analyst" contest, I have forwarded your suggestion over to the correct department to see if we can bring it back sometime in the future. The more requests we receive for bringing this contest back the more likely it will be to return. If anyone else would like to request the return of the BYOA contest you can submit your interest by sending an email to research@dailyfx.com.

For now you can find out what other traders are talking about and share your own ideas by visiting the following sections of the forum:

My Trading Journal

The Trading Room

The "My Trading Journal" section of the forum is a great place for traders to come together and interact with one another, share trading ideas, ask questions about FX or markets in general. This is a forum community after all, and it is a very popular section amongst our forum members.

Keeping a Trading Journal can be very beneficial for traders because it allows them to go back to see what they have done well in the past, maybe recognize what they haven’t done so well in the past, learn from it, and improve their overall trading experience. I highly recommend keeping one!


Thank you again for your post LitheInvestment! Please feel free to post with additional questions or contact me directly at julius@fxcm.com

Originally Posted by LitheInvestment

Sad to hear about this. Can I suggest bringing back the BYOA contesT?

Hi Julius

When we can see new contest?.We are running now with out contest.

ewaves

Got an email from FXCM Micro

From: FXCM Micro (info@fxcmmicro.com)
Sent: Sun 8/05/12 5:11 AM


Dear Client:

Welcome to the King of the Micro Contest.

How do I qualify? If you have $500 in your account at the beginning of the month, you are automatically entered. Deposit Funds

The prizes: Each month, $40,000 in total prizes will be awarded to the top three Micro account holders with the highest percentage gain, which is based on ending gross P/L (including floating P/L) versus the beginning balance for the calendar month. There are no restrictions on withdrawing the prize money. View Trading Contest Details

It’s Good to Be the King

Each month’s contest begins at 5:00 PM (ET) on the first trading day of each month.

Each contest ends at 4:59 PM (ET) on the last trading day of the month.

Who won? Winners are announced by the fifteenth of the following month in the King of the Micro Forum. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes. Visit Forum

How do I add funds to my FXCM Micro account? Deposit Funds

We hope you enjoy your currency trading experience and please remember that we are always ready to assist you in any way that we can. If you have any questions, you can access FXCM Micro's extensive online self-help support center 24 hours a day, 7 days a week. Visit our Support Center

We look forward to serving you.

Best regards,

FXCM Micro
Northern & Shell Building
10 Lower Thames Street, 8th Floor
London EC3R 6AD
Learn Forex Trading | Learn How to Forex Trade | Forex Trading | Micro Forex | FXCM Micro

Is the trading contest still going on?

Hello ewaves, tamaras, and thank you for your posts!


Is the King of the Micro Contest really over?

Yes the last King of the Micro contest was July of 2012's contest (July's Contest Results - Winner Returns 956.51%).


Why did I receive an email inviting me to the King of the Micro contest?

I am not sure why you received that email tamaras because as mentioned the King of the Micro contest is officially over. We are investigating to see why you may have received it. In order to best assist you please forward that email to me at julius@fxcm.com. Thank you in advance for your time and I look forward to hearing from you soon.


Do you have an Estimated Time of Arrival (ETA) for the new trading contest that FXCM is planning on starting?

At this time I do not have an ETA or any other details about the new trading contest. More information about the new contest will be disclosed as it becomes available. For now stay tuned on these forums for any updates.


Thank you again for your posts ewaves and tamaras! Please feel free to post with additional questions or contact me directly at julius@fxcm.com

Originally Posted by ewaves

Hi Julius

When we can see new contest?.We are running now with out contest.

ewaves

Originally Posted by tamaras

Got an email from FXCM Micro

From: FXCM Micro (info@fxcmmicro.com)
Sent: Sun 8/05/12 5:11 AM


Dear Client:

Welcome to the King of the Micro Contest.

How do I qualify? If you have $500 in your account at the beginning of the month, you are automatically entered. Deposit Funds

The prizes: Each month, $40,000 in total prizes will be awarded to the top three Micro account holders with the highest percentage gain, which is based on ending gross P/L (including floating P/L) versus the beginning balance for the calendar month. There are no restrictions on withdrawing the prize money. View Trading Contest Details

It’s Good to Be the King

Each month’s contest begins at 5:00 PM (ET) on the first trading day of each month.

Each contest ends at 4:59 PM (ET) on the last trading day of the month.

Who won? Winners are announced by the fifteenth of the following month in the King of the Micro Forum. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes. Visit Forum

How do I add funds to my FXCM Micro account? Deposit Funds

We hope you enjoy your currency trading experience and please remember that we are always ready to assist you in any way that we can. If you have any questions, you can access FXCM Micro's extensive online self-help support center 24 hours a day, 7 days a week. Visit our Support Center

We look forward to serving you.

Best regards,

FXCM Micro
Northern & Shell Building
10 Lower Thames Street, 8th Floor
London EC3R 6AD
Learn Forex Trading | Learn How to Forex Trade | Forex Trading | Micro Forex | FXCM Micro

Is the trading contest still going on?

my idea make the prize money & job opportunities in fxcm for the winner

FXCM is as a Saviour for some of the FX trader，eager for the new contest

I think it´s really good idea to make FXCM jobs for contests prizes... someone would make the formula with smallest drawdowns and largest equity gains with safest use of leverage (best MM with biggest gains) for six months and the winner or 3 best gets the job with at least 50k starting account.

Hello esooru, mido elqadem, and thank you for your posts!


Can you please take our suggestions for the new contest into consideration?

Yes absolutely! We love feedback from our clients, and you can most certainly submit any requests at anytime to us. I have forwarded your suggestions along to the appropriate department. If anyone else has more suggestions for the new contest please post them on this thread and I will be more than happy to forward those over as well!


Thank you again for your posts esooru and mido elqadem! Please feel free to post with additional questions or contact me directly at julius@fxcm.com

Originally Posted by esooru

I think it´s really good idea to make FXCM jobs for contests prizes... someone would make the formula with smallest drawdowns and largest equity gains with safest use of leverage (best MM with biggest gains) for six months and the winner or 3 best gets the job with at least 50k starting account.

Originally Posted by mido elqadem

my idea make the prize money & job opportunities in fxcm for the winner

Well, there should not be any drowndown competition among the participants for the contest, `cause every system requires its own method of working(money management) and the most important factor is the final per cent age of profit.
Also I dont think the initial deposits should be more than $500 , `cause as usual people try their new strategies to work. And they could be aggressive , but really profitale , esp. to balance the trader`s portfolio (a sort of diversification) And we might see a smaller amount of participants next time.
The main goal for this competition is to show your skills , abilities and tell about your system and the increasing of prize would certainly attract more new clients and make the company more known in the eastern countries.
IMHO

Hi Delitant_FX,

Welcome to the forum and thank you for your post!

I have passed these suggestions on to our staff handling the contest changes. Please let me know if you have any other suggestions by replying to this thread or by contacting me directly at rob@fxcm.com.

Thanks!

Rob

Originally Posted by Delitant_FX

Well, there should not be any drowndown competition among the participants for the contest, `cause every system requires its own method of working(money management) and the most important factor is the final per cent age of profit.
Also I dont think the initial deposits should be more than $500 , `cause as usual people try their new strategies to work. And they could be aggressive , but really profitale , esp. to balance the trader`s portfolio (a sort of diversification) And we might see a smaller amount of participants next time.
The main goal for this competition is to show your skills , abilities and tell about your system and the increasing of prize would certainly attract more new clients and make the company more known in the eastern countries.
IMHO