FundedNext Announces March Trading Competition with Rewards

FundedNext has announced the launch of its highly anticipated March Competition, offering participants a chance to showcase their trading skills and compete for an impressive $8,000 in rewards. The competition includes Challenge Accounts totaling a massive $1.7 million, creating an exciting opportunity for traders to prove their mettle. 

The competition’s top prize is the Steller Lite 100K challenge account, with a $5,000 cash reward for first place. Second place will secure the same account with an additional $2,000 in cash, while third place will receive a Steller Lite 100K challenge account and $1,000. 

Traders finishing in fourth through tenth place will also receive a Steller Lite 50K challenge account, allowing them to continue refining their trading strategies. FundedNext will award additional prizes to those between 11th and 100th place, with Steller Lite challenge accounts ranging from $5K to $25K.

FundedNext Announces March Trading Competition with Rewards

In an interesting twist, 50 participants who rank between 101st and 600th place will also win a Steller Lite 5K challenge account through a random draw. The competition comes with specific rules to ensure fairness and proper risk management. Participants must adhere to a daily loss limit of 5% and an overall loss limit of 10%. 

The maximum lot size per position is 5 for Forex pairs and 3 for indices, commodities, and metals. Traders must meet a minimum trading duration of 5 days and can hold a maximum of five positions at a time. News trading and overnight or over-weekend positions are permitted, providing flexibility for various trading strategies. 

However, Expert Advisors (EAs) are prohibited, ensuring the competition remains an actual test of individual trading skills. Participants will use a $100K Challenge Account to compete, with the option to place up to 50 daily trades. Each lot will incur a $3 commission for Forex and commodities, while trading indices will incur no commission. 

FundedNext will permit only one account per person and one IP address, ensuring a level playing field for all competitors. This event offers an exciting opportunity for traders to gain recognition and valuable rewards while testing their abilities in the competitive trading world

Summary Of The News

FundedNext has launched its March Trading Competition, offering participants a chance to win a share of $8,000 in rewards and challenge accounts totaling $1.7 million. The top prizes include Steller Lite 100K challenge accounts with cash rewards. Traders must adhere to specific rules, including daily and overall loss limits, a maximum lot size, and a minimum of 5 trading days. The competition provides an exciting opportunity for traders to showcase their skills and win valuable prizes.

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