Benzinga World Championship Of Trading Powered By TradeZero Top Trader Is Up Over 600%: Think You Can Pass Them In 2 Weeks? There's Still Time To Compete For Cash Prizes

The second of three monthly contests in Benzinga’s paper trading competition powered by TradeZero kicked off on Oct. 15, giving contestants a chance to take home a portion in the more than $30,000 in cash and prizes offered during the three-month run.

While contestants are already battling for the top position on the leaderboard and a $10,000 cash prize, it’s not too late to sign up for the contest that runs through Nov. 14.

The Contests: Powered by TradeZero, the World Championship of Trading is the ultimate trading competition for investors to prove their keen eye during a three-month time period.

The first of three separate contests kicked off on Monday, Sept. 16. Over $5,000 in cash will be awarded to verified contest winners from the first contest.

With the first contest over, everyone who signs up for the second portion will now compete for the top prize of $10,000 in cash, a lifetime of Benzinga Pro Essential and a tour of the New York Stock Exchange with lunch for two at the exchange.

Contestants have until Nov. 7 to sign up for the second contest, with everyone starting over with a paper balance of $100,000. Based on the last contest's results, investors may want to sign up and start trading today.

Each investor will have around one month across three separate contests to generate the highest profits from a starting balance of $100,000 in a simulated trading account.

Contestants in the World Championship of Trading will have access to Benzinga’s Live Squawk product.

Investors will also gain exposure to TradeZero’s newly patented short-selling tools.

Through Oct. 27, this is the current leaderboard for the second contest:

1^st: XiaoTian Z.: $635,435

2^nd: Sebastian N.: $349,712

3^rd: Edward N.: $325,834

Each of the top 10 contestants on the leaderboard has a balance of at least $213,000, which means anyone joining the contest needs to sign up today and start trading to catch up.

Only Edward N. ranked among the top 10 on last week's leaderboard, which shows that traders who join the contest late or try to have consistent gains can climb up the rankings. From last week's top 10, former first place holder Mark D. is no longer in the top 10, former second place Joseph C. fell to seventh and former third place Shruthi M. fell to fourth.

The good news for late joiners is the leaderboard changed rather consistently week to week during the first contest.

First Contest Winner: Andrea S., the winner of the first contest, went from $100,000 to more than $1 million in the paper trading account in less than a month.

Benzinga previously interviewed Andrea S., who was in the top 10 for most of the contest and was in first place several weeks. Official results coming soon will show whether Andrea held onto the lead to take home the top prize in the first contest.

Contest Rules: The contest is open to residents of the United States and Canada who are 21 years of age or older.

Traders will be able to buy simulated equities and options from U.S. markets during the contest periods starting with a balance of $100,000. No fractional shares will be allowed. Traders have to hold a minimum of one stock or option throughout the contest. A minimum of five days of one trade or more must be completed throughout each contest.

Interested investors have been able to sign up to join the contest since Friday, July 26. Signing up for the first contest will automatically register an entry in the second and third contests. Traders can sign up for the contests after the start dates as long as it is before a cutoff deadline.

The dates for the contests are listed below:

• Contest 1: Sept. 15 through Oct. 14
• Contest 2: Oct. 15 through Nov. 14
• Contest 3: Nov. 15 through Dec. 14

The last days to register for the remaining contests are at 9 a.m. ET on Nov. 7 and Dec. 8.

Read Also: TradeZero CEO Daniel Pipitone: Giving Retail Traders An Institutional-Level Toolbox

Contest Prizes: Participants have the chance to win as much as $30,000 in cash and prizes during the contests. Travel and expenses will not be paid for the NYSE tour prizes.

Here are the prizes for the World Championship of Trading.

Contest 1:

• First Place: $5,000 cash, lifetime of Benzinga Pro Essential, tour of the NYSE and lunch for two at the NYSE.
• Second Place: $1,000 cash, one year of Benzinga Pro Essential.
• Third Place: $500 cash, one year of Benzinga Pro Essential.

Contest 2:

• First Place: $10,000 cash, lifetime of Benzinga Pro Essential, tour of the NYSE and lunch for two at the NYSE.
• Second Place: $2,000 cash, one year of Benzinga Pro Essential.
• Third Place: $1,000 cash, one year of Benzinga Pro Essential.

Contest 3:

• First Place: $15,000 cash, lifetime of Benzinga Pro Essential, tour of the NYSE and lunch for two at the NYSE.

Find out more at the World Championship of Trading site.

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The World Championship of Trading (the “Contest”) involves the assembling and managing of a fantasy stock portfolio and not actual trading results. Contest information and results (collectively, the "Content") have been made available for information and entertainment purposes only and should not be considered trading or investment advice or a recommendation as to any security. All trading involves risks. Neither Benzinga nor TradeZero make any representations and warranties with respect to the accuracy of the Content, nor do they accept any liability which may arise directly or indirectly from use of the Content. See the Contest’s official rules for all terms and conditions.

TradeZero provides self-directed brokerage accounts to customers through its operating affiliates: TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas; and TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of the Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF). If you have any specific questions about TradeZero's brokerage services, please reach out to the TradeZero broker dealer in your jurisdiction.