FAQs

FAQ questions and answers

  • 2

    How to register in the monthly Competition?

    It’s easy! Enter your Traderace Portal. Choose the synchronized trading accounts you would like to participate with and Click “To Participate”.

  • 3

    Do I have a limit on the number of trading accounts I can add to the competition every month?

    Yes. You have 5x chances of winning our Competition!
    You can compete with up to 5 trading accounts every month. Please ensure you synced your trading accounts in the Traderace portal.

  • 4

    3 - What is the maximum deposit allowed per trading account?

    Yes. You have 5x chances of winning our Competition!
    In order to keep a healthy fair competition, the maximum permitted per trading account is € 100 EUR. Only accounts with a balance of a maximum of 100eur on the 1st day of each month will be eligible for the monthly prize.

  • 5

    Do I need to pay to enter the Competition?

    No. To enter our competition is absolutely free of charge.
    Just open a trading account and register for the next Traderace!

  • 6

    How is the Traderace prize generated and how can they be this big?

    Our prizes are the result of spread generated from the trading volume every month and it increases as the number of participants increase as well.
    Traderace is a new trading competition that will change lives. Trade for a better future.

  • 8

    Are the Prizes delivered immediately at end of each Competition?

    The monetary Prizes will be credited to the Winners’ trading accounts as a Deposit within the 5 days after competition ends, and will be available for withdrawal immediately upon Winner’s request.

  • 8

    How is the best performance prize calculated every month?

    The performance prize will be given to the trader with account with the highest equity in euros at 23:59:59 on the last day of the Competition Period, out of the total Pool of Contestants (eligible Contestants).
    In the event that two or more Contestants have the same equity in Euros in that period, then the Contestant with the highest volume traded during the same period will be the Winner.

  • 10

    How is the Biggest volume prize calculated every month?

    The biggest volume prize will be given to the trader with the highest number of closed lots traded at 23:59:59 on the last day of the Competition Period, out of the total Pool of Contestants (eligible Contestants).
    1 lot traded = $100.000 position (roundturn).

  • 11

    If I lose all or part of my trading account balance before the end of the month, can I top up my account to continue active on the competition?

    Redeposits cannot be used in a current competition once an account loses it's ability to trade.
    We allow 5 accounts to be opened in order to have several chances to win the Grand Prize.

  • 10

    Is my private information safe?

    We are doing everything possible to make sure your personal data is safe. We use SSL certificates to encrypt your connection; furthermore, your data is stored in encrypted format on our server.
    If you have a reason to believe your account has been compromised and/or don't have access to it, contact us here: [email protected].

  • 11

    Is it possible that someone's trading results are fake?

    All trading account are verified by our Broker Partner - 4xCube, and confirmed every month by our Team Traderace.
    Furthermore all trading results are audited by the renowned audit firm BDO, to ensure a fair and honest competition for all participants.