Trader Challenge Update
Quick update on the 'Million Dollar Trader Challenge' that we've been running.
See update from Alphachain Capital CEO, Adam Haeems below...
To recap, we're giving ONE person the opportunity to trade with up to $1 million in capital.
No experience needed..
..and absolutely no costs!
We've been bombarded with applications from people all over the world which is immense - if you've entered already, thank-you!!
If not, you can get involved by submitting an application form here.
Can i keep my own broker and trade via my own platform?
Unfortunately to trade our capital, you must use our MT4 platform to access your sub-account. The process has been simplified, we will send you the link required to download the MT4 platform and give you login information. It would take under 5 minutes to setup and take your first trade.
Does the trader keep all their profits? I presume you want money out of this person's capabilities? What is the ratio?
It's a 50/50 split.
Do i need to be regulated by FCA to trade with you?
No FCA regulation is required as you will be trading company funds and no external investors are involved.
How can I get involved?
How much does it cost to participate?
Nothing - there are no costs for participants of the challenge.
When is the deadline for applications?
23.59pm on Friday 14th February.
How much capital do I start with?
You will start with $10k and this will be increased as you hit the pre-defined targets that we set up to $1.2 million.
What is the profit split?
How many traders are you accepting?
One trader will be chosen and contacted within 72 hours of the competition closure date at 23:59pm on Friday 14th February.
Do I need to be in a set location to participate in the challenge?
You can be located globally and still manage our funds as long as you have a laptop & internet connection.
Do I need trading experience to enter?
No, but naturally it will massively boost your chances of succeeding.
Will I receive guidance throughout the challenge?
Yes, you will recieve access to our learning portal.
Are there any entry requirements?
You must be at least 18 years of age to participate in the challenge.
What if I lose all the money?
You won't. You will trade within our strict risk management guidelines to ensure this doesn't happen.