Every month, the financial world watches one of the most important economic events — the U.S. Non-Farm Payrolls (NFP) release.
At Spec FX, we’ve turned this into an exciting opportunity for traders worldwide: the NFP Forecast Challenge.
This monthly event allows you to test your prediction skills on Gold prices during NFP — and win real cash prizes.
👉 Join the NFP Forecast Challenge Now
🏆 What You Can Win
- 🥇 1st Place: 88 USD
- 🥈 2nd Place: 38 USD
- 🥉 3rd Place: 18 USD
Unlike normal trading, there is no risk — just make your forecast, compete with others, and claim your rewards.
📌 How to Participate
- Submit your forecast for Gold’s price direction at NFP release time (Up / Down / Doji) and your predicted value (to 2 decimal places).
- Edit anytime before the deadline — forecasts can be changed up to 1 hour before the NFP release.
- Wait for results — winners will be notified by email within 3 business days.
⚡ Prize Eligibility: To claim your reward, complete account verification within 72 hours.
🔎 Why is NFP So Important for Traders?
The Non-Farm Payrolls report is one of the most closely watched indicators of U.S. economic health. It often causes major volatility in:
- Gold (XAUUSD)
- USD/JPY
- Other USD-based Forex pairs
A strong NFP number usually boosts the U.S. Dollar and pushes Gold prices lower.
A weak NFP release can weaken the Dollar and drive Gold higher.
That’s why every trader — from beginners to professionals — pays close attention to this event.
📊 How the Forecast is Evaluated
- We evaluate based on the 1-minute Gold (XAUUSD) candle at the exact NFP release.
- Definitions:
- Bullish (Open < Close)
- Bearish (Open > Close)
- Doji (Open ≈ Close)
- Price evaluation uses the Bid price on Spec FX servers.
👉 Example: If NFP is released at 21:30 (GMT+9), the forecast deadline is 20:30, and the evaluated candle is from 21:30:00–21:30:59.
💡 Tips for a Better Forecast
- Check analyst consensus — Economic calendars show market expectations.
- Watch related data — ADP employment figures and unemployment claims can give clues.
- Prepare for volatility — Markets may overreact, so think in both bullish and bearish scenarios.
✅ Why You Should Join the Spec FX NFP Forecast Challenge
- 🎯 No trading risk — Just predict, no capital required.
- 🌍 Global competition — Join traders from around the world.
- 💰 Monthly rewards — Every first Friday is a new chance to win.
👉 Don’t wait — Join the Spec FX NFP Challenge today and turn your market knowledge into real rewards!