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Hunt for Profit (Real)
Broker: ForexHunt      Other ForexHunt bonuses (-1)      Duration: Every month      Status: Removed      Type: Real Contests
About

Hunt for Profit (Real) is a monthly Forex trading contest from ForexHunt on real dollar accounts. The special advantage of this contest is that in addition to the prize funds you also get a special account that receives a percentage bonus on your profit earned with this account during a month. This profit bonus is monthly and will last for one year.

The participation conditions are rather simple. A separate account of $500 should be used. Leverage is set to 1:200. All other conditions are the same as with the usual trading accounts at ForexHunt. The winners are declared by determining the highest balance at the end of the contest. There are 20 prize places and one consolation prize for the account with minimum funds at the end of the contest:

  • 1st place — $1,000 balance on account with 20% bonus on monthly profit.
  • 2nd place — $500 balance on account with 15% bonus on monthly profit.
  • 3rd place — $250 balance on account with 10% bonus on monthly profit.
  • 4th-10th places — $150 balance on account with 8% bonus on monthly profit.
  • 11th-20th places — $100 balance on account with 5% bonus on monthly profit.
  • Consolation prize — $250 balance on account with 5% bonus on monthly profit.

Example

You decide to participate in the Hunt for Profit contest and open a real dollar account, depositing exactly $500 into it. When the contest begins you trade and earn profit. At the end of the month you earn $2,322.14 profit, which results in a total balance of $2,822.14, which qualifies you for the 3rd place. Your prize is $250 and a special account, which receives a monthly bonus of 10% on gained profit. After the contest you continue trading on that account and during first month you receive $125.30 profit, which is complimented by 10% or $12.53. During the second month you earn $200.00, which is complemented by $20. During the third month you get very lucky at Forex and gain a profit of $1,671.29, which earns you additional bonus of $167.13. You decide to withdraw all your money from this account, which is $2,446.25. From that moment this account looses its special property.


Special conditions

All orders and positions should be canceled and closed before the contest ends. Otherwise the trader is disqualified.

If you make a withdrawal from a your prize profit-bonus account, it will loose its right to receive monthly bonus on profit.

After the contest is over you can continue using your participating account as usual and you automatically qualify for the Marathon drawing.

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