Rules

Minimum winning trade duration: 1 minutes

Winning trades open for less than 1 minutes will be excluded from your performance calculation. Losing trades will still be included.

Maximum trades counts: 60

Only your first 60 eligible trades will be included in your performance calculation.

30.00% maximum equity drawdown

Accounts with greater than 30.00% peak to valley equity drawdown are disqualified.

The rules are put in place to ensure the contest is fair to everyone by preventing common cheating strategies such as taking advantage of latencies in the demo feed. Multiple entries per person are prohibited and enforced via SMS verification and IP address tracking. 1 entry per mobile phone and 2 entries per IP address (for different participants in the same location) are allowed.
  • Click here for an explanation of equity drawdown
  • Click here if you have trouble finding your contest password
  • Beginning balance is $5000.00
  • You do not need to register an account at Global Prime to collect the winnings. We will contact you via email to send your payment via Paypal, Skrill, Neteller, SticPay, or China Union Pay.
  • Leverage is 1:100 or less depending on symbol.
  • Trading with EA is allowed.
  • Any symbols may be traded, including cryptocurrencies, indices etc.
  • Hyperactive accounts sending more than 8000 messages daily to the trader server will be automatically deleted.
  • Contest winners are those with the highest profit based on equity at the end of the contest, open positions will be auto-closed for you and marked to market based on the contest end time.
  • Prizes cannot be awarded to residents of Hong Kong, Australia, BVI and Cayman Islands. Residency shall be set initially by IP address geolocation, however due to limitations in accuracy you may change your assigned country in profile settings.
  • We may disqualify anyone for what we view as unfair conduct, in general any trading activity that would not win in a real-world scenario. For example, trading similar but opposing positions as a group using multiple accounts. 
  • The phone number used to verify via SMS must actually work; you must be able to receive a call there in case we need to verify.

Cash prizes

The prize fund of $1000.00 will be distributed among the winners in the following way:

1
$500
2
$150
3
$50
4
$40
5
$30
6
$30
7
$20
8
$20
9
$20
10
$20
11
$20
12
$20
13
$20
14
$20
15
$20
16
$20