Forex Demo Contest from RoboForex
- Duration: 1 week
- Available: All Client
- How to Participate: Register to the contest with demo account
- How to Win: Make a profit with the highest balance
- Withdrawal: Prize can be withdrawn after trade some lots. Profit can be withdrawn anytime
Prize: $1,500 USD distributed among the ten top traders.
RoboForex Week with CFDs | Demo Contest Detail:
The time of the contest
“Week with CFD” contest for demo accounts is held weekly. The competitions are held from 12:00:00 a.m. Monday to 11:59:59 p.m. Friday (server time).
Terms of participation in the contest
Verification of your Members Area.
In your Members Area you have to open only one contest account, which will take part in all competitions.
Initial deposit — $3,000 (initial balance is deposited one minute before the competition starts).
Stop Out level — 40%.
Leverage — 1:300.
Account type — MT4 Demo.
Trading platform — MetaTrader4.
The contest ticker group — CFD.
The number and size of positions opened at the same time are not limited.
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 family members and affiliated persons are not allowed to register and participate in the same competition.
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, who opened the order with the biggest volume. The remaining prizes are defined in the same way. 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.
TimeOut — 12 competitions.
Prizes of the contest
Prize pool — $1,500.
Prize pool is distributed between 10 best traders of the competition according to their final ranking.
The prize is to be paid only after a winner after passes the verification procedure of their Members Area at the RoboForex Company.
The following types of RoboForex MT4, MT5, and CopyFX trading accounts are available to you for receiving your prize money: Pro-Cent, Pro-Standard.
To receive prize money, you are required to email your real account number with the base currency in USD to email@example.com.
If the prize 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.