One of the most common questions people ask is whether the trading cup competitors get to keep their trading profits.
You are no doubt aware, that the 2020 Trading Cup is one of the world's largest real-money trading contests.
And the fact is, you need a minimum of $2,000 in your local currency to enter the trading competition and the money you make is of course, yours.
The Trading Cup competition is a skill-based MT4 trading contest, open to everyone with a zeroECN trading account.
No matter if you make $5 profit or $500 profit, the return you generate is yours to keep.
But what about the losses I hear you asking.
Well, as this is a real-money trading contest, the losses you make are yours too. Which is why it is important to understand the risks involved when entering a trading contest like this.
You need to make sure you trade within your means and never risk more than you can afford to lose.
We wish you the best with your trading.
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Ashley Jessen is the author of CFDs Made Simple and Chief Operating Officer at ACY Securities. He has been in the financial services industry since the year 2000 and worked for some of the leading companies in the CFD, Forex and Online Trading space.