Traders Contest

Conditions and registration
Tournament Rules

Trader Tournament — Terms & Conditions

Register for the Tournament

Compete for the highest profit during the contest window while staying within the risk limits and rules below.

Participation Requirements

All rules apply throughout the entire contest period.

Account size: $50,000
LMI Evaluation Programme account
Min profit: $1,000
Daily Pause: $1,000
Max Trailing Drawdown: $2,500
Max size: 5 lots
Account & Risk Limits limits
  • Managed account size Fixed
    $50,000 USD LMI Evaluation Programme account
  • Profit target Scoring
    No fixed profit target, but final profit must be at least $1,000 USD.
  • Daily Pause Risk
    $1,000 USD Daily Pause risk limit.
  • Max Trailing Drawdown Risk
    $2,500 USD maximum trailing drawdown.
  • Maximum position size Sizing
    5 lots (or 50 micro lots).
  • Consistency rule None
    No consistency rule.
  • Scaling plan None
    No Scaling Plan.
Trading Rules market
  • Allowed instruments Required
    Trade only LMI-approved tickers.
  • Holding overnight Allowed
    Holding a position overnight is allowed.
  • News restriction None
    No restriction on trading during news.
Schedule & Admin ops
  • Contest start Time
    Sunday, February 15 — 5:00 PM (17:00) (Chicago time, CT).
  • Contest end Time
    Friday, February 20 — 3:59 PM (15:59) (Chicago time, CT).
  • Registration window Time
    Registration is open from February 2 to February 15, 5:00 PM (17:00) (Chicago time, CT).
  • Restart option Optional
    Unlimited restarts are allowed — fee $5 USD; payment via the LMI Trade Report (LMI Trade Report → Choose contest account → Request Restart).
  • VolFix nickname Required
    Change the VolFix nickname from automatic to a unique name (used in Market Watch → Start → Traders rating → Registration).
  • Participant identity Required
    1 login = 1 participant.

Winning Criteria

Prizes are awarded strictly based on profit and rule compliance.

  • Highest profit wins

    Show the maximum profit during the contest without violating any rules.

  • Prize places

    Prize spots are taken by the top 10 participants who, at the moment the contest ends, show the highest profit without any rule violations.

Prizes

Top 10 places

  • 1st place
    $500
    LMI Bonus Balance
  • 2nd place
    $300
    LMI Bonus Balance
  • 3rd place
    $200
    LMI Bonus Balance
  • 4th place
    150k
    LMI Evaluation Programme account
  • 5th place
    100k
    LMI Evaluation Programme account
  • 6th place
    50k
    LMI Evaluation Programme account
  • 7th place
    50k
    LMI Evaluation Programme account
  • 8th place
    50k
    LMI Evaluation Programme account
  • 9th place
    30k
    LMI Evaluation Programme account
  • 10th place
    30k
    LMI Evaluation Programme account