Can I enter more than once?
You can enter multiple times. Some traders have multiple trading strategies they are using and open new trading accounts for each one and enter them separately
FAQs
Can I enter more than once?
Can I represent other people to participate in the Trading Cup contest?
Is there a limit to the amount of leverage available to use?
Is there a minimum or maximum initial capital to enter the trading contest?
How are the winners calculated?
How often is the leaderboard updated?
Do you have a support email if I have other questions during the trading competition?
Are all profits I make in my account mine to keep?
Am I able to withdraw my profits at any time and how does that affect my results?
Can I trade different instruments – e.g. FX, Gold, Oil, Indices or Cryptocurrencies and will they count towards my percentage gain?
Can I represent other people to participate in the Trading Cup contest?
You need to have an ACY live account to be eligible to enter the contest. It means every contestant will use the name on their trading accounts in the competition.
Is there a limit to the amount of leverage available to use?
In the Trading Cup contest, we allow non-Australian based traders to use leverage up to 500:1. Leverage restrictions changed for Australian traders, with the maximum leverage now set at 30:1. You can change your leverage in the ACY client portal at ACY.Cloud.
Is there a minimum or maximum initial capital to enter the trading contest?
Is there a minimum or maximum initial capital to enter the trading contest? At ACY, our Standard account requires a minimum of $50 and our ProZero account has a minimum of $200.
How are the winners calculated?
The winners are calculated using our proprietary artificial intelligence (AI)-MMR ranking algorithm, which takes into consideration not only profitability but also risk management, long term stability, risk-adjusted returns, draw-down levels and longevity to match contenders with comparable skill levels and stacks them against each other. We allocate dynamic weighting to key metrics such as total return, winning percentage, sum profit VS sum loss, maximum drawdown, sharpe ratio, calmar ratio and of course standard deviation.
How often is the leaderboard updated?
The leaderboard is updated hourly at https://www.tradingcup.com.
Do you have a support email if I have other questions during the trading competition?
Yes, our support email is [email protected] You can also contact us via phone +61 2 9188 2999 or Live Chat at www.acy.com. We will be happy to assist.
Are all profits I make in my account mine to keep?
Yes, all the profits you make are yours to keep. You can withdraw capital and profits at any time.
Am I able to withdraw my profits at any time and how does that affect my results?
You can submit a withdrawal request from the ACY.Cloud client portal at any time, and your withdrawal request will be processed. All withdrawals are taken into account within the MMR ranking formula.
Can I trade different instruments – e.g. FX, Gold, Oil, Indices or Cryptocurrencies and will they count towards my percentage gain?
Yes, you can trade Forex, Indices, Commodities, Cryptocurrencies & Precious Metals. Please see terms and conditions for more details.