forTraders Launches Prediction Markets with $100K Funded Account Competition

forTraders has announced the introduction of "Prediction Markets," a new trading modality where users forecast binary outcomes (YES/NO) instead of executing traditional trades.

The platform is launching with a 30-day testing phase, which includes a "Prediction Markets Competition." This initiative allows traders to explore the platform before its full release.

Participants will receive a free $100,000 demo testing account to trade and can compete on a global leaderboard.

Competition rules include a maximum drawdown of 10%, a maximum daily drawdown of 5%, and a limit of three open positions at a time.

The top ten traders in the competition will be rewarded with a $100,000 funded account, chosen from forTraders' offerings.

Interested parties can access the platform and join the competition via: https://predictions.fortraders.com/