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Traderscale Competition FAQ

Updated this week

Our competition will begin on 1st of the month until last day of the month.

Participants will trade and rank on our competition leaderboard to compete for prizes:

1st: $400K 2-Step Pro Challenge with all Premium Add-Ons

2nd: $200K 2-Step Pro Challenge with all Premium Add-Ons

3rd: $100K 2-Step Pro Challenge with all Premium Add-Ons

4th: $50K 2-Step Pro Challenge with one Add-On of choice

5th: $25K 2-Step Pro Challenge with one Add-On of choice

6th: $10K 2-Step Pro Challenge with one Add-On of choice

7th: $10K 2-Step Pro Challenge with one Weekend Holding or No Stop Loss Add-On

8th: $10K 2-Step Pro Challenge

9th: Exclusive Discount Code

10th: Exclusive Discount Code

The competition will take place on our $100k account on our MT5 platform. You will be emailed login credentials.

This competition is limited to 500 contestants. Once the places are taken, entries to the competition will be closed. The competition registration opens 3 days prior.

Rules:

1. Arbitrage Trading

Engaging in arbitrage by exploiting price discrepancies or technical glitches across different platforms or exchanges is strictly prohibited. This includes latency arbitrage, triangular arbitrage, and any method used to gain unfair advantage from price mismatches.

2. Exploiting System Errors

Taking advantage of technical glitches, price feed errors, or platform malfunctions to generate profits before the error is corrected is considered unethical and is strictly forbidden.

3. One-Sided Bets

Consistently placing long or short trades on a single asset without proper market analysis or risk management is not permitted. Trading should be based on sound strategies, not blind speculation.

4. Use of Expert Advisors (EAs) & Automated Trading

The use of any form of Expert Advisors (EAs), copy traders, or automated trade execution tools is strictly prohibited. This includes scripts, calculators, and AI-generated trading strategies.

5. Tick Scalping

Entering and exiting trades within seconds to capitalize on minor price fluctuations is not allowed. All positions must be held for a minimum of two minutes before closing. Any profits made below two minutes will be removed and may result in payout rejection.

6. Hedge Trading

Simultaneously opening buy and sell positions on the same currency pair to exploit temporary pricing inefficiencies is prohibited. This includes between multiple trading accounts.

7. Risking Daily Loss Limit

Trading behavior that involves risking the full daily loss limit on a single trade or set of layered trades is considered reverse arbitrage.

  • Maximum risk allowed is 4% per day.

8. Max Drawdown

The maximum drawdown on accounts for the competition is 8%. This drawdown is trailing.

9. Daily Drawdown

The daily drawdown on accounts for the competition is 4%.


Trading Activity Monitoring

TraderScale employs a third-party professional dealing team that reviews all trading activity to identify and enforce these rules. Any violations may result in immediate action, including account closure and forfeiture of profits.

By participating in the Traderscale program, traders agree to abide by these rules and maintain responsible trading practices.

Excluded Countries:

Afghanistan
Burkina Faso
Burundi
Central African Republic
Chad
Congo Dem Rep
Eritrea
Ethiopia
Gambia
Guinea
Guinea-Bissau
Korea Dem People’s Rep
Liberia
Madagascar
Malawi
Mali
Mozambique
Niger
Rwanda
Sierra Leone
Somalia
South Sudan
Sudan
Syrian Arab Republic
Togo
Uganda
Yemen

Lower-middle income economies

Angola
Algeria
Bangladesh
Benin
Bhutan
Bolivia
Cambodia
Cameroon
Cape Verde
Comoros
Congo Rep
Côte d’Ivoire
Djibouti
Egypt
El Salvador
Eswatini
Ghana
Haiti
Honduras
India
Indonesia
Iran
Kenya
Kyrgyz Republic
Laos
Lesotho
Mauritania
Micronesia
Mongolia
Morocco
Myanmar
Nepal
Nicaragua
Nigeria
Pakistan
Papua New Guinea
Philippines
São Tomé and Príncipe
Senegal
Solomon Islands
Sri Lanka
Tajikistan
Tanzania
Timor-Leste
Tunisia
Ukraine
Uzbekistan
Vanuatu
Vietnam
Zambia
Zimbabwe

Any contestants found to access the competition from such countries will be disqualified.

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