Phyntex Markets has introduced the Merdeka Traders Cup 2026, a live trading competition offering a total cash prize pool of USD 20,000. The contest is available to eligible verified traders from Malaysia, Indonesia, Brunei, and Singapore.
The competition is based on trading performance, with rankings determined by the highest Profit and Loss percentage return achieved during the contest period. Traders who participate must follow the competition rules and meet the required account and deposit conditions.
Merdeka Traders Cup 2026 Contest Details
The Merdeka Traders Cup 2026 is scheduled to run from 27 July 2026 until 28 August 2026. Eligible participants can compete using the designated Merdeka Traders Cup MT5 Standard Account.
The competition uses PnL percentage return as the main ranking method. This means traders are ranked according to their percentage profit and loss performance rather than simply the total monetary profit generated.
Contest Information
Contest Name: Merdeka Traders Cup 2026
Start Date: 27 July 2026 at 00:05 GMT+3
End Date: 28 August 2026 at 23:59 GMT+3
Total Prize Pool: USD 20,000
Eligible Countries: Malaysia, Indonesia, Brunei, and Singapore
Minimum Deposit: USD 100
Account Type: Merdeka Traders Cup MT5 Standard Account
Ranking Method: Highest PnL percentage return
Eligible Instruments: All available instruments
Prize Distribution
The total prize pool of USD 20,000 is distributed among the top-ranked participants. The highest-performing trader receives the largest prize, while additional cash prizes are available for traders finishing in the following positions.
1st Place: USD 7,000
2nd Place: USD 5,000
3rd Place: USD 3,000
4th Place: USD 1,500
5th Place: USD 1,000
6th to 10th Place: USD 500 each
The prize structure provides rewards for the top 10 positions, with the first-place winner receiving USD 7,000.
How the Trading Competition Works
The Merdeka Traders Cup 2026 is a live trading contest rather than a demo trading competition. Participants are required to use real trading capital, meaning that traders are exposed to the normal risks associated with financial market trading.
The competition ranking is based on PnL percentage return. Traders therefore need to focus on managing their trading performance and risk throughout the contest period.
Participants can trade eligible instruments through the designated MT5 Standard Account and compete against other eligible traders based on their overall percentage performance.
Minimum Deposit Requirement
A minimum deposit of USD 100 is required to participate in the competition. The required amount can be provided through a new deposit or an internal transfer, according to the contest conditions.
Because the contest involves live trading with real capital, participants should understand that the deposited funds are exposed to market risk. A trading competition does not remove the possibility of losses, and participants should consider their own risk tolerance before taking part.
Multiple Contest Accounts
Eligible traders may be able to open more than one contest account, provided that they meet the applicable eligibility requirements for each account.
However, opening multiple accounts does not allow a participant to claim multiple prizes. Each client is eligible to receive only one prize, with the highest-value prize for which they qualify being awarded across their accounts.
Important Trading Rules
Participants should carefully understand the competition rules before beginning their trading activity.
The competition requires a minimum real deposit of USD 100 because it is a live trading contest.
Traders may open more than one contest account if they satisfy the eligibility conditions for each account.
Each client can receive only one prize. If a trader qualifies for multiple winning positions across different accounts, only the highest-value qualifying prize is applicable.
The contest account remains in Read Only mode before the official contest trading period begins. Participants may make deposits after registration, but trading begins according to the official contest schedule.
Arbitrage, hedging between accounts, and attempts to exploit price feed failures are prohibited.
Opening large opposing positions on the same currency pair across different accounts can also result in disqualification.
Any taxes or other obligations related to prize winnings are the responsibility of the participant.
Phyntex Markets reserves the right to cancel, modify, amend, or terminate the competition according to its contest terms and conditions.
Risk Considerations
The Merdeka Traders Cup 2026 involves live trading with real money, so participants should understand the risks before joining. Forex and CFD trading can result in significant losses, including the loss of invested capital.
A high ranking or strong performance during a trading competition does not guarantee future trading success. Market conditions can change quickly, and previous trading results are not an indication of future performance.
Participants should carefully review the official contest terms, account requirements, eligibility conditions, and applicable rules before participating.
Final Overview
The Phyntex Markets Merdeka Traders Cup 2026 is a live trading competition with a total cash prize pool of USD 20,000. The event is open to eligible traders from Malaysia, Indonesia, Brunei, and Singapore and runs from 27 July 2026 to 28 August 2026.
The competition ranks participants according to their PnL percentage return, with the top performer eligible for a USD 7,000 prize. The remaining prize pool is distributed among traders finishing in the second through tenth positions.
Since the competition requires a minimum USD 100 deposit and involves real-money trading, participants should understand the associated financial risks and review all official terms and conditions before taking part.
