Fair Trading Technology to launch monthly $5000 MT4 trading contest

Building on the success and great response of their previous MetaTrader competition, Fair Trading Technology is launching a $5,000 prize to the best monthly MetaTrader 4 trader starting June 1, 2011.


Fair Trading Technology is once again giving traders three opportunities to prove their skills and trading strategies to win one of three monthly $5000 prizes in their latest MT4 demo trading contest.

The contest, which begins June 1, 2011, will allow traders to try Fair Trading Technology's flagship T3 Execution Bridge, which connects MetaTrader 4 with Dukascopy Bank. The MT4 contest demo account provides traders an identical experience to the live trading environment.

Traders will each start with a demo account of 100,000 USD at the beginning of the month. The trader with the highest equity gain at the end of the month, who trades within the parameters of the contest, will win the $5000 prize.

While the trading contest does not officially begin until June 1, the first 2000 traders to pre-register will be eligible to start trading on May 27, a three-day head start over other traders for the first month of the contest.

With a one month trading period, long-term trading and sound risk strategies are key to success.

"We want to make sure that this contest rewards accuracy in trading and proper risk management rather than luck," said Fair Trading Technology co-founder McLean Van Cleve.

Fair Trading Technology has implemented several rule changes over the previous contest run earlier this year that will benefit traders with sound risk strategies.

"Emphasizing the long-term advantages in managing risk and educating new traders in this is part of our long term strategy of making traders profitable," said Van Cleve. "Our no-dealing desk solution means that our long term success is dependent on traders being successful."

To help traders, throughout the duration of the competition Fair Trading Technology will be active on their blog to help educate contestants on proper risk management in forex trading.

By using MetaTrader 4 together with Fair Trading Technology's T3 Execution Bridge connected to Dukascopy Bank demo account, Van Cleve says contestants will experience a "true MT4-ECN experience".

"Our MT4 to ECN Bridge is unique," said Van Cleve. "Contestants will feel right at home in the MT4 environment, yet at the same time have the opportunity to get a feel for ECN liquidity,"

The T3 Execution Bridge is the world's first totally transparent MetaTrader to true ECN trading bridge with two-way execution at the world's largest ECN, the SWFX Marketplace of Dukascopy Bank.

The contest begins June 1, 2011 and runs for three months. Participants can register and find full contest details at http://www.fairtradingtech.com/contest.

Media Contact:
Karl Alfredsson
Fair Trading Technology Ltd
+46709847085
http://fairtradingtech.com




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