Prop Trading firm RIFM, operating under the Rebels Funding brand, hosts monthly competitions for traders keen on showcasing their skills and winning valuable prizes. The next competition kicks off on July 1, 2024.
The competition presents a great opportunity for traders to assess their abilities in the financial market, test strategies, and compare their CFD trading results with those of others. It also serves as a chance to observe the trading methods of top performers.
Competition Rewards
Participants can win substantial rewards through paid challenges. The top prize is a Challenge valued at $320K. Notably, up to 100 traders will receive rewards, with prizes including:
1st Place: Copper program valued at $320,000
2nd Place: Copper program valued at $160,000
3rd Place: Copper program valued at $80,000
4th-5th Place: Copper program valued at $40,000 each
6th-10th Place: Copper program valued at $20,000 each
11th-20th Place: Copper program valued at $10,000 each
21st-50th Place: Copper program valued at $5,000 each
51st-100th Place: Copper program valued at $2,500 each
In its daily operations, Rebels Funding offers traders a funding program where the company provides investment capital, and traders share profits from executed transactions. Currently, the firm enables trading on CFDs using a proprietary trading platform based on TradingView charts, known for its professional charting capabilities.
During the monthly competition, traders will compete using CFDs, a challenging activity that demands excellent trading strategies. To succeed, traders must demonstrate a proven trading strategy and a disciplined approach, particularly in adhering to their Money Management principles.
Competition Conditions
Basic trading conditions include maximum daily and total drawdown limits. The competition imposes no restrictions on position sizes or the number of trades:
Turnover on the competition account is $80,000
The competition account is a demo account, closed at the end of the competition
Maximum daily drawdown is 5%, and maximum total drawdown is 10%
Participating in Rebels Funding's competition presents an excellent opportunity for traders seeking capital support to advance their investment careers. Traders can test their skills, and if successful, receive a paid challenge that serves as a stepping stone to real financial gains.
Summary
The new edition of Rebels Funding's monthly competition is an ideal opportunity for traders looking to challenge themselves and refine their investment skills. Starting on July 1, 2024, the competition promises an exciting journey through the world of trading, offering participants the chance to win exclusive rewards and develop in this dynamic field.
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