Trading Tournament: General Terms and Conditions

1. Registration Process:

I. Clients must register via the competition's dedicated page.
II. Registration is open for each trading period only once and can be done while the trading period is active.
III. The Competition starts from June 2nd and ends on 30th June.

3. Eligibility Conditions:

I. Participants must open a new demo account with the company.
II. Contestants must be 18 and above to participate.
III. Only one demo account per client is allowed.

4. Trading Requirements:

I. Leverage is fixed at 1:200
II. Each account will have an initial virtual deposit of $10,000.
III. Trades on symbols will be subject to standard swap rates.

5. Prizes:

  • 1st Prize: Apple MacBook
  • 2nd Prize: Apple iPhone
  • 3rd Prize: Apple iPad
  • 4th Prize: Apple Watch
  • 5th Prize: Apple Air Pods

6. Winner Determination:

• The top 5 contestants with the highest total points on the leaderboard at the end of the competition will be declared the winners.
• Negative gains are recorded as 0%.

Winner Selection Criteria:

Winners will be determined based on the highest total points on the leaderboard.

Scoring Breakdown:

  • Each referral = 200 points
  • Each 1% profit = 100 points

Example Calculation:

Profit-Based Points:
1. If a contestant starts with $10,000 and earns $4,000 profit:
• Profit % = (4,000 / 10,000) × 100 = 40%
• Points from profit = 40 × 100 = 4,000 points

Referral-Based Points:
2. If the contestant refers 3 people:
• Points from referrals = 3 × 200 = 600 points

Total Score:
• 4,000 (profit) + 600 (referrals) = 4,600 points

7. Conditions for Winning:

• Winners may be required to provide testimonials or participate in interviews as part of the prize acceptance process.
• Winners will be decided based on the highest Total Points generated, combination of referral points and Gain Points.
• Interim performance results will be published on the leaderboard.