How to participate in FBS's Trading Contest - FBS League
The FBS League is a trading competition that allows participants to earn monetary rewards by competing either solo or in teams, using a demo account with specific trading conditions, while promoting skill development, strategic thinking, and teamwork.
The FBS League presents an exhilarating opportunity for traders worldwide to showcase their expertise, compete with others, and earn substantial extra money while trading in a dynamic environment. Participants have the option to participate individually, earning as much as $450 per match or to collaborate by joining a team to potentially receive an additional $300. Each match spans for two weeks, allowing you to enter whenever you find it most suitable.
Solo Participation
As a self-reliant and independent trader, you can join the FBS League as a solo participant and enter an ongoing match whenever it aligns with your schedule. Your primary objective is to execute the most profitable trades and secure a position among the top 5 participants, consequently earning rewards ranging from $50 to a remarkable $450.
Team Participation
For those who prefer a more collaborative and engaging experience while aiming to earn extra money, you can either assemble your own team of like-minded traders or join an existing one. A team should be composed of 3 to 5 players, and if your team performs exceptionally well, ranking among the top 5, you’ll receive a monetary reward that will be evenly distributed among the team members.
Getting Started with an FBS League Demo Account
To participate in the FBS League and kickstart your trading journey, you need to open a demo account with the following settings:
- Initial balance: $10,000, offering a solid foundation for trading
- Leverage: 1:100, enabling you to maximize potential profits
- Trading platform: MetaTrader 5, a cutting-edge and widely used platform
- Account currency: USD, a globally recognized currency
- Trading instruments: All instruments are permitted except Stocks, Crypto, and Japan Stock Market Index (JP225).
Joining the Promotion
To join the FBS League and begin your competitive trading experience, follow these straightforward steps:
- Complete the account verification process to ensure the authenticity of your account.
- Open an FBS League account on the Personal Area page to access the platform.
- Matches are held bi-weekly, with registration and promotion schedules available in the Personal Area for your convenience. At the beginning of each match, your account balance will be reset to $10,000, ensuring a level playing field.
Participation Modes
You can join the FBS League as an individual participant in a Solo match or as a team player in a Team match. To claim rewards, you need to rank among the top 5 accounts with the highest total balances at the end of the match.
For solo trading, simply join the current promotion and trade diligently to secure rewards. To participate in subsequent matches, you must join anew.
For team trading, you have the option to create your own team or join an existing one. Team leaders can create a team up to five times per match and add members by inviting them using their account IDs. Teams can be modified or dismissed before the match commences, offering flexibility in team management.
Team members can receive or reject invitations to join other teams as they see fit. After the match concludes and your team ranks among the top 5, click “Get reward” to claim your well-deserved share.
Rewards are calculated proportionally for each active player, with disqualified players excluded from the distribution. For example, if a team of three traders wins the $900 first-place reward, each member will receive a fair share of $300.
After a match comes to an end, teams are disbanded, and you can form or join new teams for subsequent matches, allowing you to strategize and collaborate with different traders.
In conclusion, the FBS League offers a unique, engaging, and potentially rewarding experience for both solo and team traders. It encourages strategic thinking, skill development, and teamwork, as well as providing the opportunity to earn substantial monetary rewards. So, seize the opportunity, join the FBS League, and showcase your trading prowess!