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2025-01-03
In celebration of their 20th anniversary, the forex broker LiteFinance has announced a year-long trading contest with a massive prize pool of over $1,000,000. This exciting competition is open to both traders and partners of LiteFinance, offering a chance to win a share of the prize money by showcasing your trading skills and activity on the platform.
A Year-Long Competition with Weekly, Monthly, and Grand Prizes
The LiteFinance 20th Anniversary Trading Challenge is designed to be inclusive and rewarding for participants of all experience levels. The contest runs throughout 2025, from January 1st to December 31st, providing ample opportunities to earn points and climb the leaderboard.
Here’s a breakdown of the prize structure:
Weekly Prizes: Throughout the 42 weeks of the contest, weekly prizes are awarded to the top ten participants. The top performer receives $5,000, while second and third place winners get $3,000 and $2,000 respectively. Positions 4th to 10th each take home $500.
Monthly Prizes: At the end of each month, even bigger prizes are distributed. The top trader of the month wins $10,000, followed by $5,000 and $3,000 for second and third place. Participants ranking from 4th to 10th each receive a monthly reward of $1,000.
Grand Prizes: The ultimate test of skill comes at the year’s end. The participants with the highest overall scores will compete for the grand prizes, with a whopping $50,000 awarded to the champion, $30,000 for the runner-up, and $20,000 for the third-place finisher.
Special Super Prizes: Adding to the excitement, LiteFinance is also raffling off 20 tickets to a fabulous gala dinner in honor of the contest winners. Ten tickets will be awarded to participants with the highest scores, while the remaining ten will go to randomly selected active participants.
Earning Points and Joining the Competition
The good news is that you
Points are awarded for a variety of activities on the LiteFinance platform, including:
Trading Activity: The core of forex trading, your trading activity on the platform earns you points.
Deposits: Funding your LiteFinance account contributes to your points total.
Referrals’ Actions: When people you refer to LiteFinance become active traders, their trading activity and deposits also earn you points.
Social Media Engagement: Following
Mobile App Usage: Using the LiteFinance mobile app for trading or other activities gets you points.
This diverse point-earning system ensures that everyone has a fair shot at winning, regardless of their trading volume. Whether you’re a seasoned trader or just starting out, you can participate in the contest and be rewarded for your activity on the LiteFinance platform.
What Undercode Says: Analyzing the LiteFinance 20th Anniversary Trading Challenge
LiteFinance’s 20th Anniversary Trading Challenge is a well-structured competition that offers exciting rewards for both new and experienced traders. The year-long format with weekly, monthly, and grand prizes provides multiple opportunities to win throughout the contest.
Here are some key takeaways from the LiteFinance contest:
Accessibility: The inclusion of points for deposits, referrals, social media engagement, and mobile app usage makes the contest accessible to everyone, regardless of trading experience.
Engagement and Gamification: By rewarding various activities, LiteFinance encourages engagement with their platform and fosters a more gamified trading experience.
Global Reach: The contest is open to participants worldwide, creating a global trading community and competition.
Brand Recognition: This event serves as a strategic marketing tool for LiteFinance, raising brand awareness and attracting new clients.
Overall, the LiteFinance 20th Anniversary Trading Challenge is a unique opportunity for traders to showcase their skills, compete for a share of a massive prize pool, and be recognized for their achievements. By combining the thrill of competition with the potential for financial rewards, LiteFinance is setting a new standard for engagement in the forex trading industry.
References:
Reported By: Legit.ng
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Wikipedia: https://www.wikipedia.org
Undercode AI: https://ai.undercodetesting.com
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