Rules

1. Eligibility and Registration

Eligibility:

• Participants must be at least 18 years old.
• Residency restrictions may apply depending on regulatory requirements.

Registration:

• Traders must register with accurate personal details.
• Only one entry per person is allowed unless otherwise specified.

2. Trading Account and Platform

Account Type:

• Participants will be provided with a demo trading account featuring a fixed starting balance.
• All trades must be executed on the designated trading platform.

Platform Rules:

• Only trades executed on the official competition platform will count.
• Participants may not use any automated software or external tools unless expressly permitted.

3. Competition Duration and Structure

Start and End Dates:

• Clearly defined start and end times for the competition.
• No trades will be accepted before the start or after the end time.

Trading Period:

• The competition might be divided into rounds or be a single continuous period.
• In some cases, there may be multiple stages with qualifying rounds leading to a final round.

4. Trading Rules and Instruments

Permitted Instruments:

• Only specific currency pairs or instruments are allowed.
• Restrictions on exotic pairs or instruments may apply.

Leverage and Risk:

• Maximum leverage allowed is specified to manage risk.
• Participants must adhere to any margin requirements and cannot over-leverage their accounts.

5. Performance Metrics and Scoring

Evaluation Criteria:

• Ranking is often based on the highest percentage return on the initial balance.

6. Risk Management and Compliance

Fair Play and Monitoring:

• All participants must trade within the ethical guidelines set by the organizers.
• The competition platform may monitor for unusual trading patterns or signs of manipulation. Any attempt to abuse the system will result in immediate disqualification.

7. Conduct, Disqualification, and Appeals

Prohibited Behaviour:

• Collusion between participants, using bots or external signals (unless allowed), or any form of market manipulation is strictly forbidden.

Disqualification:

• Participants who break any of the rules may be disqualified without notice.
• Organizers reserve the right to adjust or disqualify entries if any fraudulent or manipulative behaviour is detected.

8. Prizes and Awards

Prize Structure:

• Details on the prize distribution and any conditions for claiming the prize should be clearly stated.

Finality of Results:

• Once the competition ends, the results are considered final after any required verification.

9. General Terms and Conditions

Modifications and Cancellations:

• Organizers reserve the right to amend or cancel the competition if unforeseen circumstances arise.
• Participants will be notified of any changes as soon as possible.
• If the competition does not reach full capacity, the prize pool will be revised based on actual entries.

Liability:

• By entering, participants agree to the competition’s terms and hold the organizers harmless for technical or operational issues beyond their control.

Acceptance:

• Participation in the competition implies full acceptance of all rules and terms as outlined.