Discussion of the OneFunded Forex Contest
Chocolateforex posted:Hello! Just wondering, is there any daily loss limit? or Loss limit?
Rishab gupta in frist trading compatition in my life i hope in inprove in trading junral in life frist time in working for platform in mt5
Is the demo trading account a hedging account? Or is it a netting account?
Hello OneFunded, please tel us what are the margin levels set for Margin Call and Stop OUT
SHEQINGFX posted:How am I connecting with mt5
Myfxbook emailed you the link to download trading flatform on mt5 together with the log in and password
rishabgupta posted:Chocolateforex posted:Hello! Just wondering, is there any daily loss limit? or Loss limit?
Rishab gupta in frist trading compatition in my life i hope in inprove in trading junral in life frist time in working for platform in mt5
minimum of 1%, maximum of 15% and default is 5% of the equity
SHEQINGFX posted:How am I connecting with mt5
Hi! After the registration period ends, Myfxbook will automatically send your MT5 login credentials (login, password, and server) to your registered email address. Trading will become available when the tournament starts on July 1.
Best regards, OneFunded Team
Aloysius27 posted:rishabgupta posted:Chocolateforex posted:Hello! Just wondering, is there any daily loss limit? or Loss limit?
Rishab gupta in frist trading compatition in my life i hope in inprove in trading junral in life frist time in working for platform in mt5
minimum of 1%, maximum of 15% and default is 5% of the equity
Hi! That information is not applicable to this tournament. There is no minimum or maximum risk per trade requirement.
Best regards, OneFunded Team
OneFunded posted:TraderJoe1000 posted:any max risk per trade rescrition?
use 10K until ZERO? no drwawdown?
Hi! That's correct. There are no maximum risk per trade restrictions and no daily or overall drawdown limits during the tournament.
Your objective is simply to achieve the highest profit by the end of the competition while following the tournament rules.
Best regards, OneFunded Team
ماهي القواعد البطوالة كاملة
Dear Sirs,
I have the contest account no. Login: 27100243
I would to ask if I win the contest, will I have the option of challenge and funded accounts trading platform can be cTrader?
Thank youSamir Salileh
MOHAMMED_ALSALAT posted:OneFunded posted:TraderJoe1000 posted:any max risk per trade rescrition?
use 10K until ZERO? no drwawdown?
Hi! That's correct. There are no maximum risk per trade restrictions and no daily or overall drawdown limits during the tournament.
Your objective is simply to achieve the highest profit by the end of the competition while following the tournament rules.
Best regards, OneFunded Team
ماهي القواعد البطوالة كاملة
Hi! You can find the complete tournament rules, trading conditions, eligibility requirements, and prize details here: https://www.myfxbook.com/contests/onefunded/48/rules
Best regards, OneFunded Team
Hi OneFunded Team,
Thank you for all the clarifications so far! Quick question regarding automation and trading styles: Are Expert Advisors (EAs) or standard algorithmic trading systems via external Python API connections allowed, provided they don't do any tick-scalping?
Also, to ensure 100% compliance with the "No Tick-Scalping" rule, is there a recommended minimum holding time per trade (like 1 or 2 minutes) that we should consider as a safe baseline?
Thanks!
Salileh posted:Dear Sirs,
I have the contest account no. Login: 27100243
I would to ask if I win the contest, will I have the option of challenge and funded accounts trading platform can be cTrader?
Thank youSamir Salileh
Hi, at the moment, the tournament prizes are based on our MT5 account setup, as specified in the competition rules. The possibility of choosing cTrader for the prize account may be discussed after the contest. While we can't guarantee it at this stage, it is something we can consider.
Best regards, OneFunded Team
Bambuccia90 posted:Hi OneFunded Team,
Thank you for all the clarifications so far! Quick question regarding automation and trading styles: Are Expert Advisors (EAs) or standard algorithmic trading systems via external Python API connections allowed, provided they don't do any tick-scalping?
Also, to ensure 100% compliance with the "No Tick-Scalping" rule, is there a recommended minimum holding time per trade (like 1 or 2 minutes) that we should consider as a safe baseline?
Thanks!
Hi! For the No Tick-Scalping rule, we evaluate the overall trading pattern, not individual trades. As a general guideline, holding trades for more than 2 minutes is typically considered safe, but an occasional shorter trade is not a violation by itself.
Best regards, OneFunded Team
Hello,I have a robot on demo accounts uploaded to Myfxbook with specific parameters. If I use that robot for the competition, would I have to stop the one I have, or could I simply run the same robot with the same parameters on the competition account?
punkfesor posted:Hello,I have a robot on demo accounts uploaded to Myfxbook with specific parameters. If I use that robot for the competition, would I have to stop the one I have, or could I simply run the same robot with the same parameters on the competition account?
Hi! From the OneFunded side, there are no restrictions on using the same robot for the tournament account and your other demo accounts.
Best regards, OneFunded Team
