Contest Prize

Can one withdraw prize amount plus the profits once the turn over requirement is met?

Translate to English Show original

orto leave comments

Answers: 5

Best Answer

https://www.dukascopy.com/tradercontest/?action=contestrules#prizes

I am updating this to directly answer your question. Let’s say you won 1st place $6000 in trader contest.

You had your strategies run on the live account for a couple of months turning over 300 million USD and taking your initial deposit of $6,000 to $12,000.

In this scenario, you have already paid Dukascopy it’s ‘dues’ in commissions (turnover requirements) and you now have a live account of 12,000 that you own 100%.

At this point you can choose to close and transfer the entire amount to your bank or continue trading. However, should you win another $6000 in the contests, I believe you will have to meet the withdraw requirements gain.

Translate to English Show original
8 Feb. 2015 by

orto leave comments

Yes you can withdraw all the money

Translate to English Show original
20 May 2015 by

orto leave comments

To see the color of money, first you win the championship, then wins the battle to move all this money to be able to withdraw the money you supposedly prize gain. Honestly do not know what is more difficult, if it is to win the competition or move 2.5M for each $ 100 prize gains without losing any money.

Translate to English Show original
16 Oct. 2015 by

orto leave comments

bagaimana jika kurang dari $12000 atau kurang dari $6000 setelah melakukan trading di live account, apakah tetap bisa menarik uang yang tersisa?

Translate to English Show original
7 Dec. 2015 by

orto leave comments

If you deserve your prize, you shouldn't worry so much about your turn-over if you are trading Binary Options. It is learning process and requires discipline.

Translate to English Show original
18 Feb. 2016 by

orto leave comments
Please log in or register to post answer.