I can't determine this on my own, could you point out the inconsistencies or consistencies of duplicate contest accounts by these?
Everyone knows the cheat where you hedge contest accounts, with ten accounts and 10% accuracy you can make one of them win each of a few big contest full leverage bets.
I don't personally do this because I believe I would be cheating myself, but this person in my example is probably learning a lot more than me /0/ !
However the problem that I consider cheating is not so much the contestants as it is the contest. Obviously 3000% is not realistic with live moneys at a brokerage. I understand the broker probably doesn't mind if you are an unrealistic contest trader, you would be taking unrealistic risks with your prize money in the live account and losing it to the broker if they offset your losing trade on their own books.
But IMO if the broker does care about educating steady forex traders more than being the loser's counter party, they should make the prizes for the best metrics, besides just percentage gained. Then people would have an incentive to trade realistic and more about using metrics of success besides risk taking at unsustainable levels to make the leaderboard!
"Follow your Highest Excitement;" -Bashar