FAQs
What is the CXM Masters Trading Contest?
The CXM Masters Trading Contest is a live trading competition organized by CXM Direct LLC where traders compete for a total prize pool of over USD 18,000, awarded to the top 10 participants.
When does registration and trading take place?
- Registration period: 04/02/2026 to 04/03/2026
- Contest trading period: From market open on 02/16/2026 to market close on 13/03/2026
You must register within the registration period and trade during the contest dates to participate.
Who is eligible to join?
- You must have a live CXM Standard or Cent account.
- Existing CXM clients can participate.
- Only one account per trader can be used for the contest.
- Shared accounts and multiple entries are not allowed.
- All registration details must be real and verifiable.
What is the minimum deposit to join the contest?
The minimum deposit required to qualify for the CXM Masters Trading Contest is USD 500 in your eligible live CXM trading account (Standard or Cent).
How do I register?
Open or use your existing live CXM Standard or Cent account, ensure a minimum deposit of USD 500, and complete the contest registration form within the registration period. Only registrations confirmed within the dates will be accepted.
How are winners selected?
The top 10 traders are ranked by the highest equity return on investment (ROI %) during the contest period.
The formula used is: ROI% = (Net Profit ÷ Total Deposits) × 100.
What is the prize structure?
- 1st place: USD 10,000 cash
- 2nd place: USD 5,000 tradable and withdrawable bonus
- 3rd place: USD 3,000 tradable and withdrawable bonus
- 4th–10th places: $100 tradable and withdrawable bonuses (announced via the official contest channels)
Prizes are nontransferable, credited to the winner’s trading account, and paid within one calendar month of the official announcement.
How do the withdrawable bonuses work?
Withdrawable bonuses can be withdrawn at a rate of USD 1 for every standard lot traded, according to the contest’s payout rules. They are credited to your live trading account and can be traded under normal conditions.
What trading rules should I be aware of?
To remain eligible for prizes:
- Max drawdown: If your account equity falls by 20% or more at any point, you are disqualified.
- Positive balance: Your account must finish the contest above USD 500.
- Minimum activity: You must complete at least 10 trades on a minimum of 10 separate days during the contest period.
- Overnight positions: You may hold positions overnight.
- Only Standard and Cent accounts qualify.
What is the 30% consistency rule?
The 30% Consistency Rule applies after you have at least 7 winning trades.
From that point:
- No single trade’s profit may exceed 30% of your total net profit for the contest.
- If any trade exceeds this 30% limit, you will not qualify for payouts or prizes, even if your ROI is high.
Before you reach 7 winning trades, this rule is not calculated and does not affect rankings.This rule does not permanently disqualify participants. If a participant breaches the 30% threshold, their account will be set to paused status and temporarily removed from the ranking. Once trading becomes consistent again and meets the 30% requirement, the account will be automatically reactivated and the participant will reappear on the leaderboard.
What is the Positive Equity Requirement?
This rule also does not permanently disqualify participants. If a participant’s equity becomes negative, their account will be placed in PAUSED status and temporarily removed from the ranking. Once the participant’s equity turns positive, their account will be automatically reactivated, and they will return to the leaderboard.
