Professional Forex Contest

Become a funded Forex trader
Prove your professionalism in trading. Get your funding account.

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Description

  • Prove that you are able to generate profit
  • Demonstrate that you are capable to manage risk
  • Earn the funded Forex account

How It Works

The Pylon FX trading contest is a real-time simulated Forex account, where your trading is evaluated across two stages for the opportunity to get funded with company’s capital. As well as you reach the profit target without breaking rules that are set for the contest, you get your funded Forex account.

During the Pylon FX trading contest, you trade virtual funds in a real-time environment, in a simulated account with sizes from $10,000 to $100,000.

The Pylon FX trading contest assesses your capability to generate income on Forex market and keep our capital safe over two stages.

On stage 1, you show the basics of trading using our sophisticated trading platform, to make profits and strictly controlling your risks.

On stage 2, you show stability of trading and lucrativeness as well. During this phase, you are not allowed to trade during the major economic releases. We also tightly monitor how you manage your risks.

When you pass these 2 stages that takes 20 days (10 days – 1st stage, and 10 days – 2nd stage), you get your Forex funded account.

All position should be closed within the trading day. You are not allowed to maintain open positions overnight. All your orders should be closed before 20:00 GMT +0. If you do not close open positions before this time, you will be disqualified and your contest trading account closed.

You should always use stop-loss and take-profit with every your trade, otherwise your trading contest account will be closed.

Select Your Account Option

Mini

Starting balance

$10,000

Profit target

$700

Daily loss limit

$300

Max. trailing drawdown

$500

Max. position size (lots)

1

Subscription Cost

$50

Medium

Starting balance

$50,000

Profit target

$2,800

Daily loss limit

$1,000

Max. trailing drawdown

$2,000

Max. position size (lots)

5

Subscription Cost

$150

Large

Starting balance

$100,000

Profit target

$5,500

Daily loss limit

$2,000

Max. trailing drawdown

$3,000

Max. position size (lots)

10

Subscription Cost

$200

Trading instruments

Forex Majors: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD. Forex Cross-Currency Pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EURAUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/CHF, NZD/JPY.

The subscription to any of the contest type (Mini, Standard, Medium, Large) Valid for 30 calendar days.

Go Through the 2-stage Evaluation Process

Contest ParametersStage 1Stage 2
Targets:Profit Target
Number of trading days
Rules:Only trade permitted products during permitted times
Do not hit or exceed the Daily Loss Limit
Do not allow your Account Balance to hit or exceed the Trailing Maximum Drawdown
Close all your positions before the end of the trading day
Apply stop-loss and take-profit orders in all your trades
Do not hold positions into major economic releases

During the second stage of the Pylon FX Professional Contest, you are not allowed to trade during the major economic releases. If you follow the link on our site: Economic Calendar you can find the economic calendar and the news that are released. It is prohibited to trade during those news that are marked with red and yellow square.

Start Pylon FX Trading Contest