The 2023 CFB Financial Literacy Grant Winner Has Been Awarded
We thank all applicants for their interest in this year’s Financial Literacy Grant! It was a very competitive year with so many inspirational essays. We have now started accepting applications for 2023 and welcome all students who meet the eligibility criteria to apply.
The CompareForexBrokers Financial Literacy Grant
Overview
CompareForexBrokers was established to provide budding traders with more clarity and transparency around the providers and brokers in the industry. We do this by aggregating and comprehensively reviewing some of the biggest currency and CFDs brokers in the world. We believe traders should know who they are depositing their precious funds with. Are their funds protected? What will they be charged in fees? Are there any hidden or unforeseen costs that could impact the success of their trades? Given our mission, we’re aiming to encourage the best people into the trading/brokerage industry by offering The CompareForexBrokers Financial Literacy Grant.
Availability
This Grant is offered each year to at least one winning applicant (“Entrant”) up to $5,000. Where the first winning entry does not meet or exceed the total Grant value of AUD $5,000, additional winning Entrant/s will be determined up to this value. Any additional winning Entrant(s) will receive only the portion of the Grant remaining.
The winner for the 2023 Grant has been awarded, and applications for the 2024 Grant are open until October 31, 2024.
The award
The value of this Grant is AUD $5,000 (total amount). The amount is paid as a one-off payment to the winning Entrant/s.
Eligibility criteria
- To be eligible, you must be enrolled full-time in an accredited Australian Tertiary Education Institution and be studying for a certificate, diploma, degree or traineeship in any of the following areas:
- Finance
- Economics
- Commerce
- Business
- Banking
- Only citizens or permanent residents of Australia can apply.
- You must have reached 18 years of age or older to enter.
- Employees of CompareForexBrokers (CFB) and their immediate family members (including the spouse, de-facto spouse, parent, guardian, child or sibling (“Immediate Family Members”)) are ineligible to enter as an applicant for the Grant.
The challenge
To apply for The CompareForexBrokers Financial Literacy Grant, Entrants will need to write an essay (maximum 2000 words) about the centrality of the global currency market to commerce and trade.
We are looking for informative submissions that reflect a real depth of knowledge, but at the same time, can be easily understood by those with low financial literacy.
How to enter
Eligible Entrants must submit their entry during the Entry Period (defined below under “When to Enter”) by submitting their application by email to grants @ CompareForexBrokers.com
Proof of Identification
Proof of enrolment, including course name, tertiary institution name and enrolment status; Your response (max word count 200 words); and contact details (including residential address).
Selection process
The winner of the Grant will be selected and awarded by a panel of judges from CompareForexBrokers based on the entry that best grasps the challenge.
The panel will convene from November 1-7 2024 with the winning submission announced on the 11th of November.
Notification
The winning Entrants will be notified by phone and email and their name will be published on our website for 12 months from the 14th of November.