The key aspect of “Beat the Bot” is the inclusion of an in-house bot, which is an automated trading system developed by AQRE’s Founder. The bot is designed to execute trades based on predefined algorithms, market analysis, and a few other predetermined strategies. It will operate independently and with limited human intervention during the competition.
What are the competition rules?
– 5% Max Daily Drawdown
– 10% Max Total Drawdown
– 5 Minimum Trading Days
– EA’s are not allowed
– No taking advantage of unrealistic fills in the demo environment
– Only 1 account per person is permitted
– Daily Drawdown is calculated based on Balance or Equity, whichever is higher at the end of the day
– Lot size rule of 5 lots max across all positions (if the lot size limit is not respected a soft breach will occur and all trades will be closed automatically)
What platform is the competition on?
We are thrilled to announce that our highly anticipated Beat The Bot Competition will be hosted on the cutting-edge MT5 (MetaTrader 5) platform. Get ready to showcase your trading skills and go head-to-head against powerful algorithms in a battle of strategy, analysis, and instinct.
Is there a fee to enter the competition?
There is no fee to enter our Beat The Bot competition.
When does "The Beat the Bot" end?
The trading challenge begins on May 15th 2023 8:00am and closes on June 15th 2023 at 5:00pm
Who build this bot?
Our CEO and Founder, Ronice Harrison, personally developed this bot for corporate trading purposes. Recognizing the importance of thoroughly testing the bot in real-life market conditions before deploying it on a live margin account, she saw great value in pitting it against experienced traders through active testing. Hence, BEAT THE BOT!
What are the prizes?
1st Place: $1000 Cash
2nd – 10th Place: Free $10,000 challenge account along with a 50% coupon for all account sizes
All others who beat the bot will get a $25 AQRE Swag Credit along with a 50% coupon for all account sizes
