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    Home » SFX Trading Contest: A phenomenal finale to the competition!
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    SFX Trading Contest: A phenomenal finale to the competition!

    SimpleFX TeamBy SimpleFX TeamDecember 9, 2024Updated:December 9, 2024No Comments3 Mins Read
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    SFX Trading Contest finale

    The SFX Trading Contest, which ran from November 4 to December 1, has officially come to an end, and what a journey it has been! Over the past four weeks, traders from around the globe showcased their skills, strategies, and bold moves, making this contest one for the record books.

    Each week brought extraordinary results

    From the very start, the competition proved that the SimpleFX platform is a haven for ambitious traders. The top performers raised the bar every week, with top weekly ROIs consistently exceeding 400%.

    Last week’s results? A jaw-dropping 935% ROI, an all-time high for this contest! This unprecedented performance highlights the incredible potential of precise, well-timed trading on the SimpleFX platform. 

    Breaking records and pushing limits

    Each week told its own story of success:

    • High ROI: Week after week, winners pushed past the 400% ROI mark, proving that the right strategies can lead to extraordinary gains.
    • Diverse Portfolios: From cryptocurrencies like Bitcoin (BTCUSD), Cardano (ADAUSD), and Fetch.ai (FETUSD) to major indices such as the S&P 500 (US500) and Nasdaq (US100), as well as gold (XAUUSD) — the variety of strategies was staggering.
    • Precision Pays Off: Some traders achieved massive returns with only a handful of trades, while others leveraged a more diversified approach to claim their spot on the leaderboard.

    Grande finale: A competition sum-up

    All 10 of the competition’s winners exceeded 3-digit monthly ROI. Just as a reminder, the average return on the S&P500 benchmark is 10%… per year.

    SFX Trading Contest winners

    The winners of the SFX Trading Contest.

    Our winner, assignment.muni, made an incredible 577%, taking home $6,000 in prize money. Well, sound analysis and proper strategy are always profitable at SimpleFX! You are certainly curious about the instruments used to obtain such a result. Well, these are asset classes from the crypto, forex and commodities markets. More specifically, ethereum, yen and pound pairs, and gold (XAUUSD). 

    Interestingly, the remaining places on the podium also chose similar instruments, i.e. currency pairs (with the yen and the Canadian dollar), as well as gold and crypto – among them Cardano (ADAUSD) and Bitcoin (BTCUSD). Natural gas (NATGAS) and the leading American indices were also among the assets.

    TRADE BITCOIN

    Second and third places were awarded $4,500 and $3,000 respectively. Plus, of course, they kept their astronomical profits. As you can see, a lot is possible with such a wide offer as ours.

    Check the exact results on the dedicated website.

    What we learned

    This contest has been a testament to the endless possibilities at SimpleFX. Whether you prefer a sharp focus on a single asset or a well-diversified portfolio, the tools and instruments you need to succeed are here.

    From high-risk takers to careful strategists, every trader had the chance to shine, and the results speak volumes: this contest wasn’t just about winning — it was about exploring new horizons and achieving the seemingly impossible.

    A big thank you to all the participants

    We’re thrilled to have witnessed such incredible performances and hope this contest inspired you to aim higher, trade smarter, and dream bigger.

    While this contest has ended, the trading never stops on SimpleFX. Stay tuned for future competitions and opportunities to showcase your skills.

    Get Started with SimpleFX! 

    Explore our platform today and start preparing for your next big win.

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