The International EA Competition

WINNERS


Official Winners Of The 1st IEAC Competition!


The International EA Competition would like to congratulate the winners of its first competition and all of the 329 EA developers who have taken part in the different phases of this event, from its very beginning (the submission and EA qualification phase) through to the end (the last day of the live trading phase).

This project started out as an idea... as a vision... as a search for a new standard in the automated FX industry. And, today, all this has become a reality thanks to every single person involved.

For the first time in history, a new standard in automatic Forex trading has been created. But more than that, a new future for Forex traders.

After two months of real-money, live trading, the official winners of the 1st IEAC competition based on equity gain as of January 29th, 2010 22:00 GMT are:

Rank Robot Name Gain (%) Prize (US$)

1 LMD Multi-Currency 145.60% $100,000

2 HiRider 88.11% $30,000

3 SuperVolcano 41.70% $10,000

4 VREM2 19.40% $1,000

5 NutCracker 14.93% $1,000

6 Simple 8.00% $1,000

7 Neg-Correlation-USDCHF 6.07% $1,000

8 Zoop-EURJPY 4.34% $1,000

9 CobaltFX 0.27% $1,000

10 AkuKaya 0.20% $1,000

11 USFx -0.45% $1,000

12 VREM1 -1.62% $1,000

13 Trendy -4.91% $1,000



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Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results.

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