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Learn to Read Forex Calendar to Ensure Successful Forex Trading August 5, 2022
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Nominex – Real Trading Tournaments

by
March 28, 2022
in Live Contest
Reading Time: 1 min read
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Forex Live Contest from Nominex

Nominex logo

Duration: 2 days

Available: All Client

How to Participate: Open a new live account and make deposit or have balance at least 500 USDT.

How to Win: Make profit with the highest profit (%)

Withdrawal: Prize can be withdrawn

Link: Nominex – Real Trading Tournaments

Prize: Total prize pool: 415 USDT

  • 1 place: 100 USDT
  • 2 place: 60 USDT
  • 3 place: 40 USDT
  • 4 place:  30 USDT
  • 5 place:  20 USDT
  • 6-15 places: 10 USDT
  • 16-25 places: 5 USDT
  • 26-30 places: 3 USDT

Real Trading Tournaments | Detail:

The Tournaments are held using the main SPOT (Main) accounts.
At the time of participation and the end of the tournament, the user’s open orders are not canceled and the balances are not affected.

Prizes are awarded after the winners have been determined with real USDT, that can be withdrawn immediately.

Real Tournaments are held once every 2 days, the duration of one tournament is 48 hours. The start of the Real Tournament is at 08:00 UTC (11:00 Moscow/Kiev time).

When participating in a real tournament, you pay the fees only from your money, even if you enable the option to pay the commission using NMX tokens.

What are start conditions?

The number of  qualified participants has exceeded the threshold value – 50 members.

What are requirements (of becoming a “qualified” participant)?

Their personal trading volume exceeds the threshold of 500 USDT.

Until the users have confirmed his participation in the tournament, they cannot win a prize, even if the ROI is higher than what they see in the table.

It doesn’t matter which place you take, because you will receive additional NMX, the amount of which depends only on your trading volume. The sooner you start trading, the fewer participants will split the pool of 65,525 NMX, which is available to all active traders during the Second Phase of the NMX Token Distribution. All participants of the Real Tournaments can claim the daily  accruals of this this daily NMX pool.

Tournament results information
Anyone can see the results of the tournament for each last day.
Summary information for each tournament (historical and current) consists of:
1. Total trading volume;
2. Number of confirmed participants;
3. Total number of participants;
4. Prize fund;
5. A summary of the top 10 best performers that includes:
1) a place;
2) encrypted email format;
3) user id;
4) trading volume (for the current tournament, the update occurs every 30 seconds);
5) ROI *
6) the amount of the prize received in USDT equivalent.
*Key indicator basing on which the list of winners is compiled (within the current tournament it is updated every 30 seconds)
If a person is logged in and is not among the top 10 participants: his tournament statistics is displayed in a separate line along with his place in the overall standings.
For example: place – 1254, ROI – 0.17, trading volume 2300 USDT.

ⓘ This content provide links to third-party news and current events as a convenience to you. We have not reviewed and don't endorse the contents of these sites. Please always do your own research. Mira FX does not endorse any companies, products or services which are represented on this article. Mira FX is not liable for any damage or loss, including but not limited to, any loss of investment, which may be based either directly orindirectly on the use of or reliance on such information. Before deciding whether or not to take part in foreign exchange or financial markets or any other type of financial instrument, please carefully consider your investment objectives, level of experience and risk appetite.

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