FXCM Inc. (NYSE: FXCM) announced the April winners for its monthly forex trading c

ontest, King of the Micro. For years FXCM has continued giving cash prizes to the three winners of this contest every month. The winners rise from FXCM Micro clients with the highest return on their trading during the month. Traders, who have a minimum of $500 in their FXCM Micro account and place a minimum of ten trades during the month, are automatically entered in the contest. Read more about the contest’s rules.

Watch Video Announcement: http://bit.ly/m90C1q

Contest Winners

King of the Micro: Leonardo Bonato sees 1084.79% return* on his trades; wins $25,000 in cash

Forex Trading Experience: Two years
Preferred Trading Pairs: EUR/USD
Average Trade Holds: No general rules, but usually from one to a few days
Average Daily Trading: Less than two hours

Leonardo’s Advice to Traders: New traders should start with the greatest caution, with small amounts and without the will of earning money immediately. Traders should be motivated and observe patiently. Read the April King’s full survey and trading report.

* Past performance is not indicative of future results.

Second Place: Xuelong Wang gets 1023.01% profit;* wins $10,000
Forex Trading Experience: Three years
Preferred Trading Pairs: EUR/USD, AUD/USD
Average Trade Holds: Depends on the trade, but no more than one week
Average Daily Trading: Ten hours

Xuelong’s Advice to Traders: New traders should keep practicing and trust themselves. A forex trader should have patience and perseverance. Read the second place winner’s full survey and trading report.

* Past performance is not indicative of future results.

Third Place: Hua Leng Lim sees 498.43% return;* wins $5,000
Forex Trading Experience: Two years
Preferred Trading Pairs: AUD/USD, USD/CHF,XAG/USD
Average Trade Holds: From one day to one week
Average Daily Trading: From half an hour to three hours
Hua’s Advice to Traders: Never give up. Practice every day. Come to know your weaknesses and manage them. Read the third place winner’s full survey and trading report.

* Past performance is not indicative of future results.