SimpleFX Trading Cup is entering the second round. Each week you can win prizes for trading on your live Contest Account. The best trader made over 51% ROI in just one week.
The second round lasts until 23:59:59 UTC on Sunday, June 27.
Winning a weekly side prize doesn’t mean you cannot win the main prize. Open a Contest Account, make a deposit worth at least $200 and take part in the competition. The winner gets up to $7,000 and we give away up to $50,000 in total. Learn more.
We have just entered an extremely exciting time on the cryptocurrency markets. Bitcoin is testing the $30k support again and Ethereum dropped below $2,000 for the first time in a month. Consider trading altcoins as volatility is through the roof. If you invest your crypto margin trading with SimpleFX you can hedge your long spot positions with smart leveraged orders.
On forex trading, the Turkish Lira is always a good idea if you aim at exceptional profits in a short time. Commodities like USOIL and precious metals silver and gold offer great opportunities especially at a time when the cryptocurrency markets are in turmoil.
As for stocks, German automaker BMW is up 2.8% today, French Renault has gained 1.85% and Stellantis appreciated by 4.29% today. It looks like a good day for car companies. Watch them closely when the Monday trading starts on the New York Stock Exchange.
Remember that for the next three weeks you just have to trade with your Contest Account. It works just like a regular SimpleFX live account. You can use any currency (fiat or crypto). Win prizes on top of your regular profits. Good luck!