FXCM South Africa Launches Competition to Find Top Retail Traders

September 27, 2018

JOHANNESBURG, South Africa, Sept. 27, 2018 (GLOBE NEWSWIRE) -- FXCM South Africa, the provider of retail forex, CFD and bitcoin trading, has launched a monthly competition to identify top retail traders.

From 1 September 2018, FXCM South Africa clients based in 17 countries have been participating in a monthly competition to showcase their ability to profit from trading forex, CFDs, bitcoin, oil, gold, silver and other financial products.

To participate, clients must have a minimum equity of US$500 deposited in their trading account at the beginning of the month, and execute a minimum of ten orders (of any size) each month.

Monthly prizes include:

-- US$500 for the most profitable trader -- US$250 for the traders in second and third place -- US$700 in FXCM Apps Coupons for seven winners (US$100 for each trader in 4th-10th place)

The competition is open to retail clients in Angola, Botswana, Gambia, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Sierra Leone, South Africa, Swaziland (Eswatini), Tanzania, Uganda and Zambia.

This monthly competition is designed to identify and reward the most profitable traders and ensure they are able to maximise the trading opportunities available from FXCM South Africa’s suite of trading tools.

For more information and to read the full terms and conditions, please click here.

Media contacts:Jaclyn Sales, 646-432-2463Vice-President, Corporate Communications jsales@fxcm.com

About FXCM Africa

FXCM South Africa (PTY) LTD is an operating subsidiary within the FXCM group of companies (collectively, the “FXCM Group”). FXCM South Africa (PTY) LTD is an authorized Financial Services Provider and is regulated by the Financial Sector Conduct Authority under registration number 46534. All references on this site to “FXCM” refer to the FXCM Group.

High Risk Investment Notice: Trading forex/CFD’s on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, FXCM South Africa (PTY) LTD, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement and Terms of Business. Our FX and CFD prices are set by us, are not made on an Exchange and are not governed under the Financial Advisory and Intermediary Services Act. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.

Update hourly