There have been various trading contests created by most brokers in the Forex business. This has shown that the development of innovative attractions in the industry has been growing. Trading contests are a good way for a trader to gain recognition as a professional in the markets, given an added value to the broker’s clients. But these contests must be organized by a reputable company with international recognition and regulations and that has as its priority the financial wellbeing and success of its clients. 

According to one of the co-founders of the Russian internet company Yandex, Ilya Segalovich, If you are not being tracked down, you won’t be motivated to reach success and even more difficult to become a pioneer and maintain leadership. However, exploration into unknown territory is a great opportunity in disguise, because it allows you to get ahead of your competitors and get the best out of the segment first. 

Unfortunately, the end of third quarter was a negative experience for many traders and investors worldwide. Such recent events like the Syrian conflict and the budget and debt issues in the U.S. have had a negative effect on the financial markets bringing uncertain and a growing risk-aversion feeling among investors.