CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.00% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FCA regulated forex and CFDs brokerage Blackwell Global today announces the winners of its Trade & Win Forex Demo Competition. Hosted in conjunction with Myfxbook, the competition ran through the entirety of May and saw participation from more than 3000 traders competing to win the coveted grand prize of $4000 USD.
With a total of $7500 worth of prizes up for grabs, the competition saw traders all over the world competing to see who could generate the largest percentage return on an initial starting balance of $10,000.
The winner that trumped all opposition, Mr. Kusal Samara Weera from Sri Lanka is a (job) with an interest in forex trading. Making a whopping gain of 959% over the period of one month with just four trades, he (what did he do?)….
The other top three winners, Mr Sheikh Tauqir, Mr Sergey Kamenev and Mr Radu Balanean hail from Pakistan, Ukraine and Romania respectively, all boasted impressive demo profits of over 800%.
“There has been nothing short of enthusiastic response for the competition,” said Mr Patrick Latchford, CEO of Blackwell Global UK, “It was definitely interesting to see these traders outmanoeuvre each other, especially during the last legs of the competition. It is a pure display of skill and strategy, totally risk-free. We’ll definitely plan for more of such events.”
The company is committed to providing superior trading support and trading education to their clients. With an online trading academy boasting of free trading resources and guides, the company aims to provide traders with the proper tools to achieve their financial goals. .
