Wsot.com Review: Is Wsot Legit or Scam (Trade free and Earn Real Cash Rewards)

It’s pretty simple – you should just create a user profile through our sign up form and get ready to show us what you’ve got on the trading arena!

How do I Create my User Profile at WSOT?

After registering through our sign-up form, you will receive a confirmation mail from us, which you should use to confirm your user profile and get ready to join the games.

Is there any risk involved in WSOT trading tournaments?

No. You can rest assured that you do not lose any real money in our trading tournaments. You either win a prize or not. Cool, isn’t it?

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What is the difference between a Classic and Headhunts tournament?

Our trading tournaments happen on the MetaTrader 5 trading platform, and you can enter them through our website or add WSOT to your mobile device. Alternatively, you can install the Desktop, Android or iOS version of the MT5 software.

Does it make any difference if I use the web, Desktop or mobile versions of MT5 for my playtrading on WSOT?

While all three of them provide different UX characteristics, it makes no difference for us if you use any of them or even all of them at once. For your convenience, you can access the same trading account from several devices or platform types.

How do I use the MT5 trading platform?

If you are new to the MT5 environment, we have prepared guides that can help you learn how to navigate and use the trading platform on both Desktop and mobile – you can find MT5 tutorials on our Learn page.

Is WSOT Participation free?

Yes – signing up and creating your user profile will always be free at WSOT. You can also play, learn and practice for free, but with some limited functionalities, so we recommend you to learn more about our different membership levels and their unique access offerings.

What do I get with the different WSOT membership options?

No. Otherwise, we won’t be able to calculate your result for the specific tournament and administer your prize if you win any.

Can I join multiple tournaments simultaneously? 

Yes, but from a different trading account. If you wish to use the same trading account for another tournament, you should first finish the one you are in or leave it.

Can I join tournaments again once I leave it?

No, you won’t be able to do so. Please note that if you leave a tournament that has started before its completion, you will be disqualified and not be eligible for the tournament prize pool.

What happens if I go offline during a running tournament

Well, in that case, you won’t be able to receive updates about the status of the tournament round and your existing trades and orders. You also won’t be able to execute new ones while you are offline. But don’t worry, we got you covered – we will store all your trades and orders in real-time on our servers, so going offline will not make you lose your place in a tournament or harm your performance in any way.

Can I join the same tournament more once?

No. Leaving a tournament and rejoining it later on is not possible. Also, it is not possible to create multiple user profiles to maximize your chances of winning a tournament. We have applied advanced security checks that ensure every playtrader has equal chances of winning as everyone else.

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What are my chance to win at WSOT?

Same as everybody else’s! It’s really up to your trading performance and winning skills, and it has nothing to do with how much money you have in your trading account. The idea is that the best player gets the gold without risking his assets. Everybody has the democratic chance to become a champion if he’s passionate about trading and enjoys stimulating competition.

What is Profit Per Million (PPM) and how do we calculate Trade of the Day results?

Due to the different traded instruments and volumes of the many trades in WSOT, we decided to use this unique parameter that makes any trades comparable with each other by adjusting the result as if 1 million was traded.

Can I take part in a tournament if I’m only a beginner in trading?

Of course! What’s a better way to fine-tune your trading skills without risking your money? Any experience level, skills, age, nationality and gender are welcome at WSOT. We have different tournaments fit for almost all trading profiles, and we are gradually expanding our offering. We firmly believe that everybody must have an equal chance to win and improve themselves, so we can continue to democratise trading forever!

Do WSOT offer any free educational trading courses?

You will be able to see your accumulated prizes in your Personal area, and you can withdraw them after verifying your user profile.

Can I use automated trading solutions or third party indicators at WSOT?

Unless it contradicts the WSOT Terms of Service or specific tournament rules, you can use additional indicators, third party analytical software or EAs within MT5.

How do I qualify for the WSOT Main Event?

Any playtrader who has won a qualification token from participating in a Classic tournament or a wildcard owner can join the Main Event and compete in the WSOT Finals. For more information, please check our Qualification rules here

What is a Wildcard on WSOT?

The Wildcard gives you a unique bonus chance to compete in the annual Main Event, no matter if you have won a tournament or not. The Wildcard is awarded by our tournament sponsors and is selected on a random basis during the Wildcard draw prior to the Main Event. We may also award wildcards to selected players that have not won a Classic tournament but have shown exceptional performance and deserve another shot at the stars.

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Do Headhunt tournament winners qualify for the Main Event?

No, but they participate in the Wildcard draw prior to the Main Event and can win a qualification token that will allow them to join it.

What happens if I win the annual Main Event?

Besides the grand prize, the winner receives the only true World Series of Trading Champion’s title, and a special dedicated place in our Pro-Series & Hall of Fame as an influencer. The Champion gets additional benefits, including international press coverage, free event invitations, media & partnership deals, membership discounts, and more. They will be disclosed to the winner personally once he claims his victory, as they depend on the specific time and schedule of respective events & media sessions at the time of his win.

How can I change the password of my WSOT user profile?

You can change the password of your user profile in the Playtrader info section of your profile in your Personal Area.

How can I change the password of my WSOT MT5 trading account?

You can also change your trading account password from the Playtrader info section of your profile in your Personal Area, by clicking on the Request new pass button under your trading account.

How ca I reach WSOT Support directly?

You are always welcome to write us a mail at [email protected] – we will be happy to assist you to the best of our abilities.