IC Markets Weekly Trading Contest 41 - XAUUSD ONLY
Compete on a demo account to win cash prizes trading XAUUSD
Winning trades open for less than 1 minutes will be excluded from your performance calculation. Losing trades will still be included.
Only your first 60 eligible trades will be included in your performance calculation.
Accounts with greater than 20.00% peak to valley equity drawdown are disqualified.
Only trades on the following symbols are included in your performance, all others are excluded.
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.
We will 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, opening multiple accounts and trading similar but opposing positions as an individual or group.
FREQUENTLY ASKED QUESTIONS:
- For an explanation of how the equity drawdown rule works, click here
- If you have trouble finding your contest password, click here
- For an explanation of excluded trades, click here
- To find out how to claim a cash prize, click here
- Contest winners are those with the highest profit based on equity at the end of the contest. Open positions will be auto-closed and marked to market based on the contest end time.
- Starting balance: $1,000
- Max leverage: 100:1
- Trading server: ICMarketsSC-Demo01
- Asset class: XAUUSD ONLY - trades on other symbols (EUR/USD, US30, BTC/USD, etc), will not count toward your performance.
- EA trading: trading with EAs is NOT allowed. EAs trading will be disabled automatically.
- Hyperactive accounts sending more than 8000 messages daily to the trader server will be automatically deleted.
The prize fund of $1000.00 will be distributed among the winners in the following way: