Rules

Maximum trades counts: 60

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

50.00% maximum equity drawdown

Accounts with greater than 50.00% 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
  • Leverage, hours, and commission fee
    Products-ECNLeverageTrading Hours (GMT+3)Commission fee
    FX100:1Mon-Fri 00:01-23:586 per lot
    Gold100:1Mon-Fri 00:01-23:586 per lot
    CL-OIL100:1Mon-Fri 00:01-23:58-
    Indices100:1 or lessDepending on symbol-
    CryptoDepending on symbolSun-Fri 00:00-24:00
    Sat 16:00-24:00    		-
    * Demo conditions may vary from real accounts, for example, for Australian and UK clients, the leverage of live accounts is 30:1.
  • Margin call level is 80%, stop out level is 50%.
  • You do not need to register an account at the broker to collect the winnings. We will contact you via email to send your payment via Paypal, Skrill, Neteller, SticPay, or China Union Pay.
  • 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.
  • 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 $1500.00 will be distributed among the winners in the following way:

1
$800
2
$300
3
$200
4
$100
5
$50
6
$50