Seychelles-based broker RADEX Markets has launched a new copy trading competition that will award up to $5,000 to the top-performing trader.
The competition, called the PIPPRO Challenge, will run from June 22 to July 17 and is open to clients using the broker’s copy trading platform.
According to RADEX Markets, traders will be ranked based on their overall trading performance during the contest period. The three highest-ranked strategy providers will receive cash prizes of $5,000, $3,000, and $2,000, respectively.
An additional $1,000 prize will be awarded to the trader who attracts the largest number of followers.
To participate, clients must have an activated account, fund a designated MT5 account with up to $1,000, and register as a provider on the firm’s RM Social copy trading platform.
“The PIPPRO Challenge reflects RADEX Markets’ ongoing commitment to building a dynamic, transparent, and rewarding trading environment for our global community,” said Henry Huang, Director of Operations at RADEX Markets.
Copy trading competitions have become increasingly common among brokers and prop firms in recent years, with companies using cash prizes and public performance rankings to attract traders to social trading platforms.
