The Traderscale Monthly Competition runs from the 1st day of each calendar month until the final day of that month.
Participants trade on a dedicated competition account and are ranked on the official competition leaderboard.
Competition Account Details
• Account Size: $100,000
• Platform: MT5
• Login credentials will be emailed upon successful registration
• Maximum Participants: 500 traders
Registration opens 3 days before the start of the month.
Once 500 participants have registered, entries will close.
Prizes
Leaderboard positions at month end will receive:
1st Place
$400,000 2 Step Pro Challenge with all Premium Add Ons
2nd Place
$200,000 2 Step Pro Challenge with all Premium Add Ons
3rd Place
$100,000 2 Step Pro Challenge with all Premium Add Ons
4th Place
$50,000 2 Step Pro Challenge with one Add On of choice
5th Place
$25,000 2 Step Pro Challenge with one Add On of choice
6th Place
$10,000 2 Step Pro Challenge with one Add On of choice
7th Place
$10,000 2 Step Pro Challenge with either Weekend Holding or No Stop Loss Add On
8th Place
$10,000 2 Step Pro Challenge
9th and 10th Place
Exclusive discount codes
Prizes are non transferable and subject to compliance verification.
Competition Trading Rules
To ensure fairness and transparency, the following rules apply.
Violation may result in:
• Disqualification
• Removal from leaderboard
• Forfeiture of prize
1. Arbitrage Trading
Latency arbitrage, triangular arbitrage, or exploitation of price discrepancies across feeds or systems is strictly prohibited.
2. Exploiting System Errors
Profiting from technical glitches, price feed errors, or platform malfunctions is strictly forbidden.
3. One Sided Speculative Exposure
Blind directional trading without structured risk management may be subject to review and disqualification.
4. Expert Advisors and Automation
The use of EAs, bots, trade copiers, scripts, AI execution tools, or any automated trading software is prohibited.
All trading must be manual.
5. Tick Scalping
Positions must be held for a minimum of two minutes.
Profits from trades closed in under two minutes may be removed and may result in disqualification.
6. Hedge Trading
Simultaneously opening opposing positions on the same instrument to exploit short term pricing inefficiencies is prohibited.
This includes hedging across multiple competition accounts.
7. Risking the Full Daily Loss Limit
Deliberately risking the entire daily loss limit is considered reverse arbitrage and is not permitted.
Maximum daily risk allowed: 4 percent
8. Maximum Drawdown
Maximum drawdown for the competition account is 8 percent trailing.
The drawdown level moves upward as equity increases and does not decrease.
9. Daily Drawdown
Daily drawdown is 4 percent.
Daily limits reset at 5pm EDT.
Drawdown is calculated based on equity, not balance.
Trading Activity Monitoring
Traderscale engages a third party professional dealing team to review all competition trading activity.
Any breach of rules may result in immediate disqualification and prize forfeiture.
Leaderboard positions are final once compliance review is completed.
Previous Winners
If you have previously placed in the Top 10 in any past Traderscale competition, you are not eligible to place again in future competitions.
You may participate, but you cannot win a prize.
Restricted Countries
Residents or individuals accessing the competition from the following jurisdictions are not eligible and will be disqualified:
Afghanistan
Angola
Algeria
Bangladesh
Benin
Bhutan
Bolivia
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Comoros
Congo Democratic Republic
Congo Republic
Côte d’Ivoire
Djibouti
Egypt
El Salvador
Eritrea
Eswatini
Ethiopia
Gambia
Ghana
Guinea
Guinea Bissau
Haiti
Honduras
India
Indonesia
Iran
Kenya
Kyrgyz Republic
Laos
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritania
Micronesia
Mongolia
Morocco
Mozambique
Myanmar
Nepal
Nicaragua
Niger
Nigeria
Pakistan
Papua New Guinea
Philippines
Rwanda
São Tomé and Príncipe
Senegal
Sierra Leone
Solomon Islands
Somalia
South Sudan
Sri Lanka
Sudan
Syrian Arab Republic
Tajikistan
Tanzania
Timor Leste
Togo
Tunisia
Uganda
Ukraine
Uzbekistan
Vanuatu
Vietnam
Yemen
Zambia
Zimbabwe
Accessing the competition from a restricted jurisdiction will result in immediate disqualification.
