Highlights:
- Prizes are 100% Withdrawable
- All VIP Contest Accounts are set to Premium Accounts by default
- Each Contestant may register more than one VIP Contest Account
- Contest will begin on January 15, 2014 and end on March 15, 2014
- The prize amounts will be credited to a real trading account
Terms and Conditions
- Clients who wish to join the Contest will have to register from the VIP Contest dedicated webpage.
- The minimum deposit to enter the Contest is 250 USD. The minimum incremental (additional) deposits is also 250 USD. Accounts that do not satisfy the minimum level will not be included in the performance calculations and therefore will not be included in the competition.
- Only new deposits are eligible for entering the Contest.
- Withdrawals out of VIP Contest Accounts are not allowed during the Contest duration.
- Internal Transfers into or out of VIP Contest Accounts are not allowed and are not considered as new deposits.
- Contest duration is between January 15, 2014 and March 15, 2014.
- Multiple deposits into VIP Contest accounts are allowed.
- The Traders with the highest percentage return will win the Contest.
- Percentage return is calculated as (Profit/Total Deposits) X 100. Profit will only include profit on closed positions.
- In the case that there is a tie between accounts, the account with the lower Maximum draw down will be the winner.
- Maximum drawdown is the highest difference between the highest balance and the lowest balance of the account.
- VIP Contest Accounts cannot be under an affiliate and will not generate affiliate commissions.
- At the last day of the contest all open trades will be closed before the final calculation.
- The Company reserves the right to disqualify any contestant in the event that any prohibited trading activities are undertaken within any of the contestant's trading account or/and any other account related to it.
- In the event that The Company suspects or has reason to believe that a Contestant has attempted to take advantage of the contest by hedging positions with any other account related to it, then the Company reserves the right, without the client's consent, to immediately disqualify The Contestant.