WIEN, Austria, Feb. 10, 2016 /PRNewswire/ -- The first week of the competition was very interesting: many traders have shown a very high profitability, one trader has even reached an incredible profitability 8100%! Unfortunately, this participant was unable to comply with the condition for drawdown (it was -53.36%), and, therefore, he could not get to the 2nd round of the contest.
Ten participants, who have demonstrated the highest profitability and were in the "green zone" in terms of the drawdown, reached the profitability level of more than 200%. That was a great result! We would like to point out that almost all participants, who got to the second stage, had managed to keep their drawdown within a range of 25 - 30%.
All traders, who passed to the second stage, were given the live-accounts MT4 NDD with USD 100 credited. In about a week time, we shall see, which of the participants of the 2nd round would increase their funds the most and who would be the first to pass to the third stage of the competition.
Also, on a Facebook page of FIBO Group the raffle for the iPad Air 2 will take place. In order to participate you would need to share this link to your page, and then write your comment with a link to your repost here. The administrator will assign an individual participant number for the lottery draw for iPad Air 2, which will take place on April, 1st 2016.
About FIBO Group
International Financial Holding FIBO Group (Financial Intermarket Brokerage Online Group) is one of the oldest players in marginal internet trading. The first company of the holding was founded in 1998. From the first day of our work, we always adhere to the principles of transparent activities, to protect the interests of customers and strict compliance of observance applicable laws and orders of national regulators. Our customers and partners can be assured that all services, provided by any of the companies within the holding FIBO Group, meet the highest international standards and are under the control of national regulators.
FIBO Group, Ltd. Company is registered in the British Virgin Islands and has the license SIBA/L/14/1063 for the provision of investment services and is regulated by the Financial Services Commission (FSC).
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SOURCE FIBO Group