MultiBank 2018 Demo Competition 1st Place Winner for Round 1 Competition Claims $10,000 in Cash Prize
2018-1-15 | Blog
As Round 1 of MultiBank’s 2018 Demo Competition came to a close last week, the top 3 performing participants were announced and the winners were invited to visit their local MultiBank branch to claim the cash prizes in person.
Coming in first place from Henan, China, was Mr. Wang Guoyun who managed to gain over 9,982% in equity over the course of the competition. From an initial capital of $50,000, Mr. Wang managed within 4 weeks to close at a whopping $5,041,071, over $1 million more than the second place winner.
Upon interviewing Mr. Wang, he shared many of his trading strategies and insights with us. He said that particularly important when trading forex is keeping a clear mental state and getting a grip on your emotions. He caught himself making trading mistakes at times, but said he over came these by clearing his mind, calming down and cut his losses before continuing on his strategies to maximize profits.
Mr. Wang has been a client with MultiBank Group for some time now, and has always had an interest in Forex trading. He has been following Forex news closely in recent years, and initially opened an account with MultiBank because of the advantageous bonus policies and their well-established reputation in the Chinese market. He stated that MultiBank’s stable platforms, tight spreads and fast execution also drew him into the company, and mentioned that customer service has been excellent in addressing all of his trading questions and needs.
$10,000 Cash Prize
1st Place (Cash Prize): US$ 10,000
2nd Place (Cash Prize): US $3,000
3rd Place (Cash Prize): US $2,000
When asked about the competition, Mr. Wang states, “I’ve felt so excited since November last year when I signed up for the Demo Competition. I registered as soon as I found out about it, and thought it was a good opportunity for me to brush up on my trading skill and change my life.”
Mr. Wang receiving cash prize and awards certificate
Concluding the interview, Mr. Wang claimed, “To me, the cash prize represents honor and recognition for my trading skill. I hope more and more people will join the Competition!”
Introducing Broker Services
MultiBank is recognized worldwide for its Introducing Broker service with a network of over 30,000 Introducing Brokers many of whom have partnered with MultiBank since 2005. We value our Introducing Brokers and offer them the highest levels of personalized customer care which allows them to expand their business. Our IB products and services include, but are not limited to, industry leading commission and rebate returns, customized account opening applications, full IB account panel enabling the monitoring of rebates and account movements, a wide range of trading instruments, analysis and technology tools (including MAM and PAMM accounts).
You can fund your trading account instantly using a variety of secure payment options. All our client funds are held in separate bank accounts with the world’s top tier one banks. Please click “Find Out More” for details of the various deposit methods.
MultiBank provides you with easy and instant access to your money. To withdraw funds from your account simply submit your withdrawal request online using the MyMEX account area. Alternatively, please send us an email to email@example.com from the email address associated with your account and our Customer Support Department will assist you with your withdrawal request.
Our group is heavily regulated worldwide by the Australian Securities and Investment Commission (“ASIC”) of Australia, the Federal Financial Supervisory Authority (“BaFin”) of Germany, the Financial Services Commission (“FSC”) of the BVI, the Cayman Islands Monetary Authority ("CIMA")and the others. MultiBank has offices in Sydney, Los Angeles, Vienna, Frankfurt, Madrid, Cyprus, British Virgin Islands, Cayman Islands, Shang Hai, Beijing, Tianjin, Shanghai, Hangzhou and Ho Chi Minh City.
Security of Funds
MultiBank continues to provide clients with the highest level of security of funds through various funds protection and custodial programs. Our companies are regulated globally, and we uphold the strictest regulatory requirements.
MultiBank provides award-winning technology solutions which allow customers to manage their business and trade with ease and full control.
MultiBank is a pioneer in the financial technology arena by being one of the first companies to launch a Forex Exchange in China, and by developing and owning all its software and trading systems. We have been consistently recognized as one of the world’s fastest growing FinTech firms that operates an Exchange trading model
MultiBank's Franchise Program allows established Introducing Brokers to open offices under the ‘MultiBank’ brand name, introduce their company as part of MultiBank Exchange Group and enjoy exclusivity in the use of MultiBank’s products and brands in their region.
The Franchise Program provides partners with the perfect opportunity to expand their business while enjoying a wide ranging of exclusive benefits including expenses and revenue sharing, marketing support and higher rebate schedules.
MultiBank Franchise Program Benefits:
MultiBank offers its valued Customers direct trading access to banks and exchanges through its advanced trading platforms.Open a trading account with one of our regulated companies to trade a variety of instruments including foreign exchange, metals and CFDs
We offer a wide range of powerful trading technologies that give you direct market access to Banks, ECN’s and exchanges.Open a free $100,000 Demo Account and test our cutting edge trading platforms offering foreign exchange, metals and CFDs.
MultiBank offers individuals, introducing brokers, institutions and banks cutting edge ECN exchange execution, stable platforms and unbeatable pricing in the ﬁeld of online ﬁnancial trading in products, including but not limited to, Foreign Exchange, Metals (Gold & Silver), Contracts for differences (CFDs), Stock CFDs .
Improve your trading strategy and make better decisions by utilizing MultiBank’s wide array of trading tools, including MAM & PAMM accounts, VPS, Expert Advisors (EAs) & APIs. Keep up with the latest market news, updates and analysis.