Tickmill’s NFP Machine is a recurring trading contest connected to the monthly US Non-Farm Payrolls release. The campaign allows eligible Tickmill clients to submit a prediction for the EUR/USD price following the NFP release. According to Tickmill, the contest has been running since May 2016 and does not have a fixed end date.
How the Tickmill NFP Machine Works
During NFP week, participants submit their EUR/USD price prediction through the Woobox platform. The prediction must be submitted before the stated deadline during the NFP week.
Tickmill determines the result using the EUR/USD price on its MT4 or MT5 platform 30 minutes after the NFP release. The exact contest timing and selected instrument can be confirmed through Tickmill’s official contest information.
Prize Structure
If a participant predicts the exact price, the stated prize is $500.
If there is no exact prediction, the three closest predictions can receive the following prizes:
1st place: $250
2nd place: $150
3rd place: $100
The prizes are credited according to the campaign terms.
Participation Process
Participants need an eligible Tickmill live trading account and must submit their prediction through the Woobox platform during the applicable NFP week.
Only one prediction is considered for each participant. Tickmill states that the prediction should include the email address used when registering with Tickmill.
Prize Withdrawal Conditions
The prize is subject to trading requirements before withdrawal. Tickmill’s current terms state that winners must complete the required trading volume based on the prize amount.
The current terms specify at least 1 standard lot for every $3 of the prize, with eligible instruments including currency pairs, metals, BTCUSD, US30, USTEC and DE40 under the stated conditions.
Winner Announcement
Tickmill states that winners are announced through its official Facebook page after the applicable NFP event. The campaign information and timing can change if the NFP release is rescheduled, so participants should check the current official contest terms before submitting a prediction.
Important Information
The Tickmill NFP Machine is based on predicting a market price around the NFP release. Market prices can move quickly around major economic announcements, and the campaign has specific eligibility, submission, prize and withdrawal conditions.
The official Tickmill campaign page should be checked for the latest rules, timing and applicable conditions before participating.
