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FOREXperience
Trading Challenge 2025
Join FOREXperience 2025
Think you are a proficient trader? Test your trading skills in FOREXperience 2025, a trading competition organised in collaboration with Singapore Institute of Management’s Investment and Networking Club (SIM INC)!
New to trading? Learn the ropes with our Beginner Trading Bootcamp
and test your skills in a risk-free environment.
Pit yourself against other budding traders as they strive towards achieving the highest returns, with attractive prizes to be won!
Prizes To Be Won
| RANK | PRIZE |
|---|---|
|
1 |
SGD 1,000* |
|
2 |
SGD 500* |
|
3 |
SGD 200* |
|
4 – 10 |
SGD 20* |
For more details on the prize structure, check out Terms and Conditions.
Trading Rules & Conditions
- The trading competition period will commence at 5am SGT, 1st December 2025, and will end at 12pm, 12th December 2025.
- All participants are given virtual credits of $100,000 in their demo trading account.
- To qualify as a winner, at least 5 trades must be made during the duration of this competition.
- There is no requirement on the size of the trades made.
- To be eligible for prizes, the winner must not be an existing client of Phillip Nova.
Awarding Rules
The top winners will be determined by the ending account equity as of 12pm SGT, 12th December 2025. Terms and conditions on eligibility criteria here.
Competition Timeline
| DATE | EVENT |
|---|---|
|
3 Nov |
Registration Open |
|
27 Nov |
|
|
28 Nov |
Reset of MT5 account equity balance, trading access disabled till 28 Nov |
|
1 Dec |
Start of Challenge (5 am SGT) |
|
12 Dec |
End of Challenge (12 pm SGT) |
|
18 Dec |
Finale Night & Networking |
|
|
Awards Ceremony |
Challenge Leader Board
| RANK | MT5 ID | EQUITY BALANCE |
|---|---|---|
|
1 |
1005763 |
$107,508.00 |
|
2 |
1005964 |
$67,247.00 |
|
3 |
1005699 |
$64,487.00 |
|
4 |
1005798 |
$64,467.00 |
|
5 |
1005888 |
$62,217.00 |
|
6 |
1005866 |
$60,977.00 |
|
7 |
1005907 |
$59,294.00 |
|
8 |
1005885 |
$59,056.00 |
|
9 |
1006193 |
$58,633.00 |
|
10 |
1005791 |
$58,494.00 |
*Accurate as of 16 Dec 2021
Tutorial Videos
Phillip MT5, CFD, and Forex tutorial videos to guide you through FOREXperience 2021
Introduction to Spot Forex, Bullion, CFD Trading
Trading Strategies with Chart Patterns
Master Phillip MetaTrader 5 in 1 hour
Introduction To MT5 Platform
Using Analytical Tools and Indicators in MT5
FAQs
Anyone could register and participate in this trading challenge! However, only participants aged between 18-30, and non-client of Phillip Nova will be eligible for prizes.
It is completely free to join the trading challenge.
Please ensure that you have selected the PhillipNova-Demo server on Phillip MT5.
Video guides here: MT5 Mobile, MT5 Desktop
You may download MT5 for Mac here.
Do check your spam folder for the email notification. If you did not receive your MT5 account information, please contact us at inc@mymail.sim.edu.sg
Yes, you will still be eligible for participation. The starting equity for every participant is $100,000, regardless of participation duration.
Yes, you will be required to download and set up the MT5 application. The link to do so as well as further instructions will be provided in the email you receive upon registration.
Yes, you will be required to download and set up the MT5 application. The link to do so as well as further instructions will be provided in the email you receive upon registration.
Yes, you may do so in MT5.
You will be able to place trades using the challenge-issued demo account before the challenge starts but do note that there will be an equity reset back to USD100,000 on 1 Dec 2025. The demo account will then be disabled until the start of challenge.
All realised profits and losses are valued in USD. Open positions will be liquidated at 12pm SGT on the last trading day for consolidation of total profit or loss. You are advised to close your open positions before the cut-off time to protect your equity against unfavourable price fluctuations.
All trading challenge prizes will be awarded in the form of trading credits, credited directly into your live trading accounts.
No. Each participant is only allowed one unique entry to the challenge.
Trading access for your new demo account will be enabled by 6pm daily (Mon – Fri).
Yes. Please send an email to nova_IT@phillip.com.sg and our team will assist with your request.
No, there will not be drawdown limits for this trading challenge.
No, the final winners will be determined by the equity balance as of 12pm SGT on final day of challenge.
For More Information
Should you have any query about FOREXperience 2025, you may contact SIM INC via email at inc@mymail.sim.edu.sg .
