Contest participants are all the clients that have read and agreed with the Contests General Terms.
To participate in the competition, a Client should register a Contest Account in his/her Trader’s Cabinet.
Trading on the Contest Account is allowed only during the contest period.
Registration for each competition is available only during a period specified in the particular contest terms.
Each participant can open only one Contest Account. Only one participant can be registered from one IP address.
Contest participants are not allowed to use anonymous proxy servers. If the Company detects connections from a few IP addresses from different regions to the same Contest Account, this Account may be excluded from the program.
Prize bonuses are credited to one of the Client's live accounts of his/her choice, except for ECN Pro account.
If a live account linked to a contest is in the archive at the moment of paying the prize, the prize will not be added.
Contest participants acknowledge that all operations within no deposit competitions are carried out exclusively with virtual funds. Clients cannot make any financial claims to the Company.
To participate in the contest, the Client should follow these General Terms. Ignorance of these Terms is not an argument for a claim.
The contest start and end times are stated in Server Time that is displayed in the trading terminal and on the Company's website.
The Company reserves the right to use any information about the contest participants, publish their trading history, provide public access to their accounts using the investor password, and publish it in any media for advertising purposes.
Credit bonus funds received for the contests cannot be withdrawn from the trading account. The profit received from trading with these credit funds is available for further trading, withdrawal and/or internal transfer, unless otherwise specified in particular contest terms.
Bonus funds are available on the account for 30 days from the moment they are credited, unless otherwise specified in particular contest terms.
The bonus reward is added to the participant's live account only after verification of his/her Trader’s Cabinet. Otherwise, the company reserves the right to refuse to accrue remuneration.
To accrue the bonus reward, the contest winner should send a request to the Company via any available contact method and indicate the contest title, contest period, and the live account number to be credited.
The Company may, at any time, refuse to provide bonus rewards, as well as withdraw existing ones, if the contest participant violates any Company rules and/or commits a fraud aimed at winning the competition.
Any contest participant should complete at least one trade with a minimum required volume, unless otherwise specified in particular contest terms. Only non-hedging qualified standard lots count.
After the end of the contest, all positions on the Contest Accounts will be automatically closed and the Accounts will be transferred to the No Trading mode.
The final results are summed up within 3 - 5 business days after the end of the contest and are published on the Company’s website. In some cases, the summing up may exceed the specified period which will be announced additionally.
Contest Accounts can be reused for subsequent contests. Before the start of a new competition, the Account balance will be adjusted to the conditions for the start of this contest.
A Сlient can take part in several contests at the same time. For each of the competitions, he/she should go through a separate registration process.
If there is any suspicion of the Contest terms violation, fraud, and/or detection of the documents forgery provided by the contest participant, the Company reserves the right to disqualify the Client from the program, refuse to accrue the rewards, delete the already accrued rewards, as well as refuse to further participate in contests and provide other services.
The Company reserves the right to check the trading history of the winners for similar and opposite transactions in the trading history of other contest participants. In the event of a complete or partial coincidence of transactions in same or the opposite directions for several contest participants, the Company has the right to disqualify these participants on suspicion of fraud and/or management of accounts by one person.
The Company reserves the right to cancel the results of a contest participant that used non-market quotes during the competition. The inconsistency of the quotes is issued by the Company's Technical Department.
A contest participant can request the trading history of other participants in the same contest. To do this, he/she should send a request through any available contact method indicating the contest title, the contest period, and the other participant’s Contest Account number.
The required daily trading volume is calculated only from the positions opened and closed within the same calendar day according to server time. The volume can be completed with a single trading position with the minimum required daily volume or a set of positions where the sum of their volumes equals the minimum requirements.
Contest participants are allowed to use Expert Advisors when trading on Contest Accounts. The total daily number of requests to the server from one Contest Account should not exceed 2500.
27.1. Expert advisors on Live Contest accounts are not allowed. Account type details are available in the Account Types table.
The period of claiming the reward of any kind is 30 calendar days, starting from the moment of announcing the contest winners.
A participant of any contest, who took one of the winning places, should have positive trading statistics (Closed P/L > 0) at the moment of the Contest end.
Each winner of 'Volume Contest' may receive up to $1,000
During the registration period for the Live Contest, contest participants can make deposits to their Live Contest account multiple times. Funding the Live Contest account will not be allowed during the contest period.
The participants can request a withdrawal and/or internal transfer from the Live Contest account to live accounts during the registration and contest periods. However, these actions during the contest period will result in disqualification from the Contest.
The Company is entitled to refuse the registration for participants of the previous contests at the moment of registration for a new Contest at its own discretion.