Welcome to BG Monthly Competitions, where skill traders meets opportunity! At Blue Guardian, we celebrate our talented traders by offering exciting rewards. Our competitions are open to everyone, with a chance to be one of 25 winners.
Participation is free and open each month, but please note that the competitions are limited to 5,000 participants.
What prizes are offered for the competitions?
Prizes for the top 50 ranked participants in the competition
🥇 1st rank - $500 in cash + $200k Instant Account
🥈 2nd rank - $300 in cash + $100k Instant Account
🥉 3rd rank - $200 in cash + $50k Instant Account
🏅 4th rank - 5th rank - $50k Instant Account
🏅 6th rank - 10th rank - $25k Instant Account
🏅 11th rank - 25th rank - $10k Instant Account
🏅 26th rank - 50th rank - $5k Instant Starter Account
Rules For Monthly Competition
Eligibility
Participants must be at least 18 years old to enter our competitions. Anyone under the age of 18 is not eligible to become a client. All participants must agree to and acknowledge this requirement.
Registration
A new competition starts each month and runs for the entire month. You can join by visiting the Competitions page on our dashboard and clicking the “Register” button for the upcoming competition.
You are allowed to register only one account using a single email address and IP address. Registering multiple accounts will result in immediate disqualification.
Is it possible to re-enter the current competition?
Once your account has expired or been disqualified, you won’t be able to re-enter the ongoing competition. We encourage you to use this time to explore the competition and get ready to participate in the next one next month.
What if I’ve been disqualified?
If your account has expired or been disqualified, don’t worry you’re still eligible to join the competition next month. Please note that disqualification is final and cannot be reversed, so there’s no need to contact support.
Platform
Monthly competitions will be held exclusively on the Match-Trader and Mt5 platform. We do not switch platforms for competitions, so Match-Trader and MT5 is the only platform available for participation.
Schedule
The competition starts on the first day of the month at 8:00 AM UTC and ends on the 30th each month at 10:00 PM UTC.
Rule Violations
Any violation of the competition rules will result in immediate disqualification from all competitions. The decision to disqualify is entirely at the discretion of Blue Guardian.
Modification Of Rules
Blue Guardian has the right to modify these rules at any time. Participants are responsible for regularly checking this page for any updates or changes.
Prizes
After the competition ends, the relevant team will review the top 50 traders. Winners will receive an email with details of their prizes within 3 business days after the competition’s end.
COMPETION RULES FOR THE TOURNAMENT
The rules for the Tournament are as follows:
Maximum Daily Drawdown
Max daily loss is based on 4% of the Initial account balance.
We calculate daily drawdown as follows: Upon the 5pm Est day change, we will take the higher figure of either the account balance or account equity and subtract a fixed 4% of the initial balance from the higher value as the daily loss limit for the new day.
Example 1:
On a 100K Account, if at 5pm EST you have an open trade with a floating profit of $2,000, your account equity will be 102K. With a 4% daily drawdown, the equity cannot drop below $98,000 ($102,000 - $4,000 = $98,000) on the next trading day.
Example 2:
If on a 100K Account at 5pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $4,000 will be calculated on a $100K balance. This means for the next trading day, the equity cannot drop below $96,000 ($100,000 - $4000 = $96,000).
Example 3:
If there are no open trades at 5pm EST, the daily drawdown will be 4% of the initial balance
Maximum Overall Drawdown
The maximum Drawdown allowed in your account is 8%.
Example using a $100,000 account:
Max total loss is 8% of your initial balance = $8,000. Your account equity including unrealized/floating positions must not hit/exceed below $92,000.
Expert Advisors (EAs) and Trade Copier Restrictions
The use of EAs and trade copiers is prohibited in the competitions.
News Trading
News trading is allowed, but participants are advised to use proper risk management and be mindful of high volatility events, such as slippage.
Lot Size Rules
There are no lot size restrictions in the competition, your leverage and margin is your limit.
Leverage
- Fx : 1:100
- Indices : 1:20
- Commodities : 1:20
- Crypto : 1:2
Can I hold overnight & trade over weekends?
We have no restrictions on holding trades over night or the weekend and you can trade trade crypto over the weekend.
Disqualification
If you see “DQ” on your dashboard, it means your account has violated one or more competition rules, and you are no longer eligible to participate. Please note that Support cannot reverse the disqualification. However, you are welcome to register for the next month’s competition.
How to Login to Your Competition Account
To access your Match-Trader Competition account, follow these steps:
2. Enter the Username and Password provided in your Competition Welcome email.
3. Click the Sign-in button.
Lastly, you can watch this video to learn how the Match-Trader platform works: https://www.youtube.com/watch?v=nLIa0VQiGhs
If you need any further assistance, don’t hesitate to contact our support team via Discord, live chat, or email.