Criteria for prize funds withdrawal

Do you think that the criteria for prize fund withdrawal is fair and reasonable. Turning over .5 million for every $100 is very far fetched. Has any winner been able to withdraw prize funds?

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Armands avatar
Armands 1 Dec.

I have been able to withdraw all of my prize funds. I had won $1000 + $500 and then again $1000. But if I'm not mistaken, then at that time I had to make a 1mil. turnover for each $1000. The way You can do it is trading really small time frame like M5 or even M1 with relatively huge lot size. If You know what You are doing it is definetly not impossible. I even made some money on top of that. First time I almost doubled it. So go ahead. And good luck.

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Answers: 7

Best Answer

If I gain prize then try to make 5m turnover for every 100$.I think its possible because you use leverage 1:300 also trade for short term with big lot size.

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10 Oct. 2015 by

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If You don't satisfied with this turnover, try to compete and win in other brokers contests where the turnover of prize money should be USD 200 000 per ONE dollar won.

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25 Nov. 2013 by

samme avatar
samme 25 Nov.

Thanks for the response. I didn't know that. Never checked others

JudgeDredd avatar
JudgeDredd 25 Nov.

Even don't bother. Dukas has best conditions for demotraders and competitors all over the world. I've explored more than 60 brokers with contests. Only couple of them have at lest equal conditions. All others have much-much worth :(

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I also have to agree with JudgeDredd. There is never problems with Dukascopy either.

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1 Dec. 2013 by

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Dear Samme i think you wanted to say 0.5 million for 100$.And yes it can be made. I made my first 1 million turnover in 1 week. It isn't a problem for an active trader. Regardles of your trading style intraday or long term , this restrictions to withdraw is perfectly normal. All these contests are trader contests for people who want to trade and need capital. Dukas provide that and what they want back?? You .. to start trading. Very resonable conditions from my point of wiew.

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2 Dec. 2013 by

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0.2mil. for every $ 100 it was pretty realistic, but if Dukascopy thinks it should go with the 0.5 million for every $ 100 it then so be it.

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5 Dec. 2013 by

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You do not forget, that the conditions of revolution for the different competitions differ. But are nevertheless better than in Ducascopy you not to find

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14 Dec. 2013 by

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It is my first time here, but from all i can see I think it is quite reasonale and fair. Moreover, I have read some other comments, so now I am even more sure in my first impression.

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27 May 2014 by

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