Currency trading contest offers $40,000 in cash!


FXCM PR Coordinator
New York—March 2010—FXCM Micro’s monthly currency trading contest starts on Thursday April 1st, 2010. $25,000 in cash is awarded to the trader with the highest monthly trading return, $10,000 is awarded for second, and $5,000 for third place. FXCM Micro wants you to be the King!

To read the 1st, 2nd and 3rd place winner’s questionnaire on how they won the contest, go here: King of the Micro - FEB 2010 - Results !! - DailyFX Forex Forum | FX Forum Zhai Zhuobin, last month’s winner, placed 10 trades in February with the majority in the USD/JPY pair and earned a staggering 1129.72% return*.

The popular currency-trading contest has been running for over four years, and it’s free to enter. King of the Micro is available to clients all around the world. Recent winners have come from the United States, China, Malaysia, Canada, and the United Kingdom.

There is no registration needed, and the requirements are simple: all FXCM Micro clients with $500 in their Micro account at the beginning of the month are automatically entered. And traders must make at least ten trades during the month.

Traders may open an FXCM Micro currency trading account with as little as $25. All FXCM Micro clients receive free buy and sell trading signals through DailyFX+, complete with blue buy arrows to buy and red arrows to sell.

For more information on the King of the Micro contest, to read the full contest rules, and to deposit money into your FXCM Micro account, go here:

FXCM Micro is a division of FXCM that provides new traders with access to the currency markets for as little as $25. With a small (1K) lot size, FXCM Micro provides a great way to get started in the forex market. FXCM Micro is offered for individual, self-traded accounts. All participants of the King of the Micro contest can receive the FXCM Power Course free to improve their chances to be the King.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.

About FXCM Holdings LLC

Forex Capital Markets (FXCM) is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the world’s most respected financial authorities.

At the heart of FXCM’s client offering is No Dealing Desk† forex trading, FXCM offers 24-hour online forex and CFD trading with no re-quotes. Clients have Direct Market Access to some of the world's largest forex liquidity providers, enabling FXCM to offer clients spread as low as 1 pip on major crosses. Clients also have the benefits of mobile trading, one-click order execution and trading from real-time charts. FXCM’s CFD product* allows traders to trade oil, gold, silver and stock indices, along with forex on one platform. In addition to currency and CFD trading, FXCM offers educational courses on forex trading, and provides free news and research through

Press Contact:

Jaclyn Sales
Phone: 1 646 432 2463


Jason Rogers

FXCM Representative
Something interesting to take a look at is the 1st place winners trading history. Zhai Zhuobi made only 11 trades during the entire month of February to clinch first place with an +1100% return. And most of those trades were held for at least a day or more.

I find it interesting because many times traders think these types of contests are won by aggressively overtrading the account and going for a lot of small profits. Granted some of the winners do trade a lot; however, this is a good example of a swing trader coming out on top.

My $0.02...