What are the rules for the Fortunes Funding monthly competitions?
Learn the rules you need to follow to avoid being disqualified from competitions!
Competition Rules
The rules for the competition are outlined below:
Participants are restricted to a single registered account per email address and IP address. Any attempt to register multiple accounts will result in immediate disqualification.
A Virtual 5% Max Daily Drawdown is applied, based on the initial balance. For instance, with a $100k demo account, this translates to a maximum daily drawdown of $5k, deducted from the higher of the daily starting virtual balance or simulated equity at 5 p.m. EST each day.
A Virtual 10% Max Total Drawdown rule is in place, calculated from the starting balance of the demo account.
A minimum of 5 simulated Trading Days is a prerequisite.
Exploiting unrealistic fills in the demo environment is strictly prohibited.
The use of Expert Advisors (EAs) is not permitted.
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Lot Size Restrictions:
A maximum of 5 lots for Forex pairs.
A maximum of 3 lots for Indices.
A maximum of 3 lots for Crypto and Commodities.
The maximum number of open simulated positions at any time is limited to 5.
Please note that trading from sanctioned countries is strictly prohibited and results in immediate rule breach, with all simulated profits being forfeited.
Registration Guidelines and Rules for Fortunes Funding Competitions
Summary
Fortunes Funding offers monthly competitions that are open to everyone, providing a chance to be among the winners who receive prizes. All traders are invited to participate in these monthly challenges.
Competition Rules
The rules for the competition are outlined below:
Participants are restricted to a single registered account per email address and IP address. Any attempt to register multiple accounts will result in immediate disqualification.
A Virtual 5% Max Daily Drawdown is applied, based on the initial balance. For instance, with a $100k demo account, this translates to a maximum daily drawdown of $5k, deducted from the higher of the daily starting virtual balance or simulated equity at 5 p.m. EST each day.
A Virtual 10% Max Total Drawdown rule is in place, calculated from the starting balance of the demo account.
A minimum of 5 simulated Trading Days is a prerequisite.
Exploiting unrealistic fills in the demo environment is strictly prohibited.
The use of Expert Advisors (EAs) is not permitted.
Disqualification Due to Inactivity
Traders risk disqualification if their account remains inactive for more than 14 days, leading to its expiration. Nonetheless, they are encouraged to join the next month's competition and be aware of the inactivity rule. Accounts that go untouched for 30 consecutive days will undergo automatic expiration. To prevent this, traders are advised to log in at least once within the 30-day timeframe.
Each month features a new competition lasting the entire month. To register, you must first create a profile on the Fortunes Funding website. After registering, navigate to the user dashboard, find the "Competitions" section, and click on "register" to participate in the competition.
Claiming Your Prize as a Competition Winner
If you end up being one of the winners, someone from our Support Team will reach out with the appropriate prize via e-mail.
Signing up for competitions are free to everyone
Are Fortunes Funding's monthly competitions free to join?
Absolutely! Fortunes Funding hosts monthly competitions that are completely free for everyone to register and participate in. We extend an invitation to traders worldwide to join in and showcase their trading skills.
Once you've completed the registration process, you're ready to compete and have the chance to win exciting prizes. Before participating, we recommend thoroughly reviewing all the rules and guidelines for the specific competition on our website.
This is an excellent opportunity for novice traders to join a vibrant community, hone their skills, and gain more insight into Fortunes Funding. Seasoned traders are equally encouraged to join in!
Participants from various parts of the world compete on an equal footing. Winners are selected through a computerized system that evaluates each trader’s strategy and performance. Rest assured, the outcomes are based solely on skill, without any element of chance.
We always strongly encourage all traders to practice effective risk management, proceed with caution, and strictly adhere to all competition rules. This cautious approach is pivotal for achieving success and minimizing potential losses.
Why wait? Sign up now and become part of our enjoyable and free competitions. It's a fantastic opportunity to connect with fellow traders, exchange knowledge, and thrive as a member of the Fortunes Funding community!
When do competitions begin and end?
Discovering Competition Timelines
Sign-ups will be available starting from the initial day of the month preceding the competition date, and the competition spans a duration of one month. For example, you can register on or after 1st November for December's competition.
Go to the "Competitions" section in the user dashboard, in order to be up to date with the schedule!
How do I sign up for a competition
Sign-ups will commence on the initial day of the preceding month leading up to the competition. Within your user dashboard's "Competitions" section, a countdown clock will indicate the remaining time for registration.
To participate in our competition, simply click the "Register" button located in the Competition section of your dashboard.
How do I sign up for a competition
Sign-ups will commence on the initial day of the preceding month leading up to the competition. Within your user dashboard's "Competitions" section, a countdown clock will indicate the remaining time for registration.
To participate in our competition, simply click the "Register" button located in the Competition section of your dashboard.
Tracking your performance against other participants in Fortunes Funding competitions
Overview
All competitors can follow their progress and performance in the active competition by clicking on “Standings” on our Competitions menu on the Dashboard of our website and then click on Standings. You can also see the progress of the rest of the participants.
On the same page, you will be able to see the remaining time to register (if it is still available), and the remaining time for the current competition to end.
To view the prizes, simply click on the 'Learn More' button, where you will find detailed information about the competition's rewards. Additionally, the 'Standing' section provides a breakdown of prizes for each position.
Tracking your performance against other participants in Fortunes Funding competitions
Overview
All competitors can follow their progress and performance in the active competition by clicking on “Standings” on our Competitions menu on the Dashboard of our website and then click on Standings. You can also see the progress of the rest of the participants.
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On the same page, you will be able to see the remaining time to register (if it is still available), and the remaining time for the current competition to end.
To view the prizes, simply click on the 'Learn More' button, where you will find detailed information about the competition's rewards. Additionally, the 'Standing' section provides a breakdown of prizes for each position.
Prizes
Collection of articles related to prizes for competitions.
Competition prize amount for the top traders
Competition Prizes
Every month, we provide rewards for participants in our contests. To discover the details of the prizes, please refer to the information below:
3 x $100K one-step
3 x $50K one-step
4 x $25K one-step
9 x $10K one-step
Given the anticipated fierce competition for the top prizes each month, we encourage all participants to exert their utmost effort in the contest! Best of luck to all participants.
Receiving your prize as a competition winner
After the Competition has concluded, our Support Team will review the performance of top traders, and the champions will be publicly revealed within our community. Please be aware that, until the public disclosure is made, our Support Team won't be able to distribute information about winners if contacted through Live Chat.
Subsequently, we will dispatch an email directly to the triumphant traders containing details about their prize. If you think you've emerged victorious and have not been contacted by us, feel free to contact our Support Team for verification!
Conclusion:
In conclusion, Fortunes Funding's monthly competitions provide a fair and exciting platform for traders worldwide. Join us to showcase your skills, connect with a diverse community, and compete for valuable prizes, fostering a culture of growth and excellence in trading.
