Quick Facts
- Registration for the contest is open to all clients with a valid trading account
- The contest will run for a specified period, usually several weeks or months
- Participants must trade using a specially designated contest trading account
- All trading must be done through the Arum Capital trading platform
- Only trades in specified instruments, such as forex or futures, will be eligible for the contest
- There will be a maximum leverage limit and a minimum trade size requirement
- Trades must be closed within the specified contest period to be eligible for prizes
- Any form of manipulation, such as scalping or hedging, may result in disqualification
- Winners will be determined based on the percentage gain in their trading account
- Prize winners will be required to verify their identity and trading activity before receiving their award
As a trader, I’m always on the lookout for new challenges and opportunities to test my skills. That’s why I decided to participate in the Arum Capital trading contest. In this article, I’ll share my personal experience with the contest rules, highlighting the key takeaways and lessons learned.
Understanding the Contest Rules
Before diving into the contest rules, I made sure to thoroughly read and understand the terms and conditions. I strongly advise you to do the same, as it’s crucial to know what you’re getting yourself into. Here’s a summary of the contest rules:
Eligibility Criteria
- Participants must be at least 18 years old
- Residents of the United States, Canada, or the European Union are eligible
- Contest accounts are separate from live trading accounts
Initial Deposits and Leverage
The contest rules specify that participants must deposit a minimum of $500 into their contest account. This amount determines the leverage, which is set at 1:100. Here’s a breakdown of the leverage ratio:
| Leverage | Maximum Leverage |
| 1:100 | $5,000 |
Trading Requirements
To successfully participate in the contest, I had to meet the following trading requirements:
- Execute a minimum of 10 trades
- Trade at least 5,000 units of currency
- Maintain a minimum trading activity of 50% within the contest period
Scoring and Rankings
The scoring system is based on the percentage gain or loss in the contest account. The participant with the highest percentage gain at the end of the contest period is declared the winner. Here’s a snapshot of the scoring system:
| Percentage Gain/Loss | Scoring |
| 0-10% | 1 point |
| 11-20% | 2 points |
| 21-30% | 3 points |
| 31% and above | 4 points |
Lessons Learned
Throughout the contest, I learned valuable lessons that I’d like to share with you:
Risk Management
Don’t risk what you can’t afford to lose. Set realistic goals and manage your risk exposure accordingly.
Discipline and Patience
Avoid impulsive decisions and stick to your strategy. Give your trades time to play out.
Market Analysis
Stay up-to-date with market news and analysis. This helps you make informed trading decisions.
Real-Life Example
During the contest, I encountered a situation where I had to make a quick decision. I was long on EUR/USD, and suddenly, a news release impacted the market. I quickly assessed the situation and closed my position, minimizing my losses.
Additional Tips
Here are some additional tips to succeed in the Arum Capital trading contest:
- Diversify your trades: Spread your trades across different currency pairs to minimize risk.
- Stay calm under pressure: Keep a level head in times of market volatility.
Final Thoughts
Before concluding, I’d like to emphasize the importance of responsible trading practices. Trading involves risks, and it’s crucial to prioritize risk management. Always stay informed, and never invest more than you can afford.
Frequently Asked Questions:
Here is an FAQ content section about Arum Capital trading contest rules:
Arum Capital Trading Contest Rules FAQ
Getting Started
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Q: How do I participate in the trading contest?
To participate, register for the contest by filling out the registration form on our website. Once registered, you will be assigned a demo trading account with a virtual balance of $100,000.
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Q: What are the trading hours for the contest?
The contest runs 24/5, from Monday 00:00 GMT to Friday 23:59 GMT.
Trading Rules
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Q: What instruments can I trade during the contest?
You can trade all major and minor currency pairs, gold, and other commodities.
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Q: What is the minimum/maximum trade size allowed?
The minimum trade size is 0.01 lots, and the maximum trade size is 50 lots.
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Q: Are there any restrictions on scalping or hedging?
No, there are no restrictions on scalping or hedging strategies. However, abusive trading practices, such as those that exploit market inefficiencies or manipulate prices, are prohibited.
Account and Performance
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Q: How is my account balance calculated?
Your account balance is calculated based on the profit/loss of your trades, minus any fees or commissions.
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Q: What is the calculation formula for the leaderboard?
The leaderboard ranking is based on the total profit/loss percentage of each participant’s account balance.
Prizes and Rewards
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What are the prizes for the top performers?
The top 10 performers will receive cash prizes, with the winner receiving $10,000.
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Q: Can I withdraw my prize money?
Yes, prize money will be credited to your live trading account, and you can withdraw it at any time.
Miscellaneous
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Q: Can I participate in multiple contests?
, each participant can only register for one account per contest.
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Q: How do I contact support if I have issues or questions?
You can contact our support team via email at support@arumcapital.com or through our online chat service.
Important Notes:
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Please note that all contest rules are subject to change, and it is the participant’s responsibility to regularly review the rules and terms and conditions.
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Arum Capital reserves the right to disqualify any participant who violates the contest rules or terms and conditions.
Mastering Arum Capital Trading Contest Rules: A Personal Summary
I hope this helps! Let me know if you need any further assistance.
Set Clear Goals:
As I embark on the Arum Capital trading contest, I will set specific, measurable, achievable goals for myself. I’ll define what I want to achieve, such as improving my risk management skills or developing a consistent trading strategy.
Understand the Rules
I will thoroughly review and understand the contest rules, including the contest format, rules, and deadlines. I’ll make sure I know what is expected of me and what I need to do to be eligible to win.
Develop a Trading Plan
Before I start trading, I’ll create a well-thought-out trading plan, which outlines my trading strategy, risk management approach, and market analysis methods.
Practice and Experiment
As I participate in the contest, I’ll practice and experiment with different trading strategies and techniques.
Risk Management:
I’ll prioritize risk management throughout the contest, ensuring I never risk more than I can afford to lose.
Stay Informed and Adaptable
Staying informed about market news, trends, and analysis will be crucial.
Consistency and Persistence:
I’ll focus on consistency and persistence, committing to trading regularly and following my plan.
Continuous Learning:
Throughout the contest, I’ll continue to learn from my mistakes, seeking feedback from others, and refining my skills.
