Filipino wins in Southeast Asia live trading competition

Glimar Reyes (center) receives US$2,000 for winning the ATFX Live Trading Competition. With him are, (from left): ATFX education partner SmarTrade PH’s junior market analyst Marc Lacson, learning consultant Zandell Monteras, market analyst Gab Santos, and client relationship managers Cora Cariaga and Wyn Angeles. —CONTRIBUTED PHOTO

A Filipino based in Davao is the top winner in the ATFX Southeast Asia Live Trading Competition, besting other participants from across the region. Two competitors from Thailand made it to the second and third spots.

Glimar Reyes, a 35-year-old family man who works full-time in the food and beverage industry, started trading in November 2023. He was introduced to the world of trading by a friend who recommended the global online broker ATFX, which is known for its brand presence and award-winning brokerage services.  

Reyes is a part-time trader who has demonstrated skill in the trading arena. His victory in the recent competition is attributed to his strategic execution and disciplined approach. 

To qualify for the challenge, entrants had to meet a number of criteria, including opening a new live account during the promotional period, depositing a minimum of US$100, achieving a monthly return of at least 10%, maintaining a drawdown of 15% or less, and opening positions on at least five different trading days. 

These standards were laid down to shine a light on traders who excel in generating profits while adeptly managing risks.

With his victory, Reyes has also taken on the role of an ATFX Copy Trade provider, enabling others to benefit from his trading strategies and highlighting his expertise and eagerness to share his insights with the broader trading community.

“This win is unexpected, to be honest,” Reyes said. “But I am proud of myself, that even if I am still new to trading, I can succeed in competitions like this with the right mindset and strategies. Also, it was very helpful that I had the right guidance provided by ATFX coaches.”  

The success of the competition is seen to underscore ATFX’s commitment to creating a competitive yet nurturing environment for traders. The company has been recognized for excellence in the financial markets, its most recent award being “2023 Asia’s Trusted Broker.” 

This award is made more significant with the support of SmarTrade, ATFX’s educational partner in the Philippines, which offers extensive trading education, resources and one-on-one coaching for free. Their collaboration is aimed at empowering Filipino traders with the necessary tools and knowledge for successful online trading.

For more information on ATFX and how to get started in trading, visit

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