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MultiBank 2018 Demo Competition 1st Place Winner for Round 1 Competition Claims $10,000 in Cash Prize

2018-1-15  |  Blog  

As Round 1 of MultiBank’s 2018 Demo Competition came to a close last week, the top 3 performing participants were announced and the winners were invited to visit their local MultiBank branch to claim the cash prizes in person.

Coming in first place from Henan, China, was Mr. Wang Guoyun who managed to gain over 9,982% in equity over the course of the competition. From an initial capital of $50,000, Mr. Wang managed within 4 weeks to close at a whopping $5,041,071, over $1 million more than the second place winner.

Upon interviewing Mr. Wang, he shared many of his trading strategies and insights with us. He said that particularly important when trading forex is keeping a clear mental state and getting a grip on your emotions. He caught himself making trading mistakes at times, but said he over came these by clearing his mind, calming down and cut his losses before continuing on his strategies to maximize profits.

Mr. Wang has been a client with MultiBank Exchange Group for some time now, and has always had an interest in Forex trading. He has been following Forex news closely in recent years, and initially opened an account with MultiBank because of the advantageous bonus policies and their well-established reputation in the Chinese market. He stated that MultiBank’s stable platforms, tight spreads and fast execution also drew him into the company, and mentioned that customer service has been excellent in addressing all of his trading questions and needs.

$10,000 Cash Prize

Grand Prize: Mercedes-Benz E-Class Car

1st Place (Cash Prize): US$ 10,000

2nd Place (Cash Prize): US $3,000

3rd Place (Cash Prize): US $2,000

When asked about the competition, Mr. Wang states, “I’ve felt so excited since November last year when I signed up for the Demo Competition. I registered as soon as I found out about it, and thought it was a good opportunity for me to brush up on my trading skill and change my life.”

Mr. Wang receiving cash prize and awards certificate

Concluding the interview, Mr. Wang claimed, “To me, the cash prize represents honor and recognition for my trading skill. I hope more and more people will join the Competition and I will continue my efforts towards winning the Mercedes-Benz grand prize so I can drive it home!”

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