Broker Vantage has opened registration for the Vantage Live Trading Competition with a total prize pool of $50,000.
Registration will close on September 22, and the competition itself will take place between August 1 and September 30, 2023.
The top 20 participants who can maximize the percentage return in their Vantage account by the end of the event will be eligible to receive a share of the prize pool, according to the Vantage website.
The first-place trader will receive $20,000, the second place will receive $10,000, the third place will receive $6,000, the fourth place will receive $3,000, the fifth through 10th place will receive $1,000, and the 11th through 20th place will receive $500.
Traders who participate in the competition can use all financial instruments offered by Vantage, including forex CFDs, indices, commodities, stocks, and more.
Participation in the event is free, but traders must meet the minimum deposit requirements for the various account types they use.
"The Vantage Live Trading Competition isn't just about rewarding financial success; it's about proving the perseverance and trading acumen of each participant," said Marc Despallieres, Chief Trading Officer at Vantage.
As we wrote earlier, Vantage has partnered with Trade with Precision to provide its users with access to a wide range of educational resources.