Source: RoboForex | «Demo Forex» contest.
Competition period: Monthly.
Duration: 1 month.
Available to: all clients.
To participate: have a full-verified live account – open contest account via client cabinet.
To win: get the largest deposit on the contest account by the end of the competition;
1st place — $700; 2nd place — $550;
3rd place — $420; 4th place — $350;
5th place — $290; 6th place — $240;
7th place — $180; 8th place — $130;
9th place — $90; 10th place — $50.
Withdraw conditions: trade required number of lot;
more about RoboForex Broker.
Terms of participation in the contest
Verification of your Live Account.
A nickname at the Company’s official Message Board, which is linked to your Live Account.
In your Live Account you have to open only one contest account, which will take part in all competitions.
Initial deposit — $5,000 (initial balance is deposited one minute before the competition starts).
Stop Out level — 20%.
Hedge margin — 25%.
Leverage — 1:100.
Account type — MT4 Demo Fix.
Trading terminal — MetaTrader4.
The maximum number of orders is 10.
The maximum transaction volume is 0.1 lot.
There are no any limitations for trading instruments.
At the end of the competition all open orders will be automatically closed by force.
In case it is technically impossible to close all orders at the same time, they will be closed in turn, and the difference in closing time will not be considered as reason for complaint or recalculation of the participants’ final balance.
Expert Advisors (scripts) are prohibited.
Close relatives and affiliated persons can’t participate in the contest.
The same IP-address (PC) can’t be used by several participants.
Participants, who break the contest rules, will be disqualified and will not have the right to claim any prize.
Conditions to determine the contest winner
The winner is the participant with the largest deposit on the contest account by the end of the competition. The remaining prizes are defined in the same way. For the total ranking calculation, we do not take into account those contest accounts with the final deposits less than the initial ones.
In case the participant claiming for the prize is disqualified, the award goes to the participant next in the ranking. One has the right to file a complaint concerning the contest results during one business day after the results are announced. Complaints are to be sent to firstname.lastname@example.org.
Prizes of the contest
1st place — $700;
2nd place — $550;
3rd place — $420;
4th place — $350;
5th place — $290;
6th place — $240;
7th place — $180;
8th place — $130;
9th place — $90;
10th place — $50.
In case the results of several participants are equal, the prize fund is to be shared between them according to their final ranking.
The prize is to be paid only after a winner after passes the verification procedure of their Live Account at the RoboForex Company.
Prize Money is a bonus, which may be withdrawn only after all the requirements described below are fulfilled.
Prize Money can only be transferred to MT4 Fix-Cent, MT4 Pro-Cent, MT4 Fix-Standard, and MT4 Pro-Standard accounts. To receive the prize, you need to send Contest Moderator at the RoboForex message board a private message, specifying your account number.
Before the requirements are fulfilled, you aren’t allowed to withdraw a sum which exceeds your Profit.
If the bonus account is deposited with a client’s own funds, then in case of a negative balance on the account, our policy is that a client loses his own funds first.
Once a StopOut takes place, Prize Money is written off the account.