The Forex contest is a platform where new expert advisor systems are tested. The system that emerges the winner its developer is rewarded with a huge sum of money. Any people especially the aspiring Forex traders normally ask who conducts the contest, who are the participants and how can you be part of the contest? Before looking into the above-mentioned aspects, it is important to note that Forex contest is organized mainly with a group of Forex traders
Their motive is always coming up with professionals, automated Forex trading championship where the most suitable systems or Forex robots can be identified. In return, the identified systems can be utilized by all Forex trades from all over the world to improve their trading experience and earn more money.
The Forex World Cup: The main mission of organizing Forex contest or Forex World Cup is striving to eliminate all the problems that try to bring down the automated trading system. This contest encourages the development of a range of Expert Advisor programs and avails them to all Forex traders from across the globe
The robots that participate in the Forex contest are all tested under a real market condition whereby they are used to trade real currency. On a viewpoint, this act is mainly to enhance accuracy as well as ensuring the developed systems are not only functional under simulated conditions but under real-time market conditions.
Did you know that developers whose systems or robots have won in the Forex Robot World Cup contest go home with a sum of up to $150,000 (USD)? This not only motivates aspiring Forex traders but also gives them a chance to expand their investment. Moreover, this act also motivates all Expert Advisors from all over the world to participate in this contest. This means that they will be working hard every day to come up with unique and amazing trading robots that help in facilitating activities in the Forex market.
After the Forex contest, all the selected, winning systems are availed for the public on sale. This means that if you were impressed by its performance, you have a chance of using it simply by purchasing it. Keep in mind that the Intellectual Property copyrights of the robots, as well as licenses, can only be sold to limited individuals. As a matter of fact, you cannot download these robots from the internet. In other words, in case the robots are found on the internet illegally and you happen to download them,
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