Exclusive – Mubasher: Mubasher Global has revealed the prizes for the winners of its 1st Investor competition for traders in the US stock market, dubbed as U.S. Markets Virtual Stock Trading Competition.
There were five winners who received cash prizes valued at a total amount of $4,000 this season. Ehab Rashad, the Vice Chairman of Mubasher Capital Holding, distributed the prizes.
Said Abdul-Hameed Mostafa was the first-place winner who was given a $1,500 prize, while Ebtisam Mohamed Qorany followed him in the second place and received a $1,000 prize.
Khaled El-Deeb was the third-place winner who got $750 in cash, followed by Mohamed Osama and Mario Sameh who obtained prizes worth $500 and $250, respectively, for winning the fourth and fifth places in the contest.
From his side, Ayham Mardini, US Stock Market Manager at 1st Investor Program, highlighted that the competition aims at bringing together traders and analysts in one platform, where investors can get all the recommendations, analysis, and discussions they need.
Mardini added that the cash value of the prize aims to encourage the participants to trade and test their skills.
He further concluded: “The competition offers an opportunity to those who want to learn how to invest in the US stock market, in addition to giving the traders and experts the chance to apply any recommendation in real since during the contest the prices are real and trading takes place in official hours only.” Traders in the US stock market were able to take part in 1st Investor Competition on 2-31 October 2023, where registration was limited to 500 applications only.