Contest is organized and run by Forex broker Armada Markets. The contest name is “Armada Demo Cup 2014”.
Contest Dates: – Up to Nov 30th 2014
Contest period: – Monthly
Contest Joining page link : Armada Forex Demo Contest
Armada Markets Forex Demo Contest 2014 –Schedule
The Contest consists of 5 rounds and the final round (the sixth round):
• Round 1 – May 1st – May 31st 2014
• Round 2 – June 1st – June 30th 2014
• Round 3 – July 2st – July 31st 2014
• Round 4 – September 1st – September 30th 2014
• Round 5 – October 1st – October 31st 2014
• Finale Round 6 – November 1st – November 30th 2014
Armada Forex Demo Contest 2014 – Registration Details
1. All trading operations are performed with virtual money on the special demo Contest accounts that are opened separately for each round of the competition.
2. Participant must create Contest demo account with Armada Markets at the Contest page.
3. Every participant is allowed to have one (1) account only per round; holders of multiple accounts will be disqualified.
4. Registration for each round is opened 2 weeks before the starting date. The same participant can enter different rounds, but with only one account each.
5. 10 winners from each of 5 first rounds, in total 50 participants, are qualified for final round. Separate registration for final round is not possible.
6. The registration is open to individuals who are at least 18 years of age completed at the starting point of the Contest and have reached the age of majority in the jurisdiction of their residence.
7. In order for the participant to be eligible for the Contest, he is required to provide the real personal data (Name, Surname, contact details and e-mail) upon registration. Failure to provide with the above data will result automatically in disqualification of the participation from the Contest.
8. The participant upon registration to the Contest agrees to publication of his/her Name and demo account trading record by Armada Markets during and after the expiration of the Contest and the announcement of the relevant results, in any publicity or advertising relating to the Contest or future promotions without compensation or approval.
Armada Forex Demo Contest 2014 – Prizes and winners
1. To win participant must achieve the biggest account balance at the end of a round.
2. The total prize fund for each of first five (5) rounds amounts to 2400 USD per round and will be distributed among the ten (10) winners in each round as follows:
• First place: 1000 USD
• Second place: 500 USD
• Third place: 200 USD
• Forth place: 100 USD
• Fifth place: 100 USD
• Sixth place: 100 USD
• Seventh place: 100 USD
• Eighth place: 100 USD
• Ninth place: 100 USD
• Tenth place: 100 USD
2.1. The total prize fund for the final round amounts to 8 000 USD and will be distributed among the three (3) winners as follows:
• First place: 5 000 USD
• Second place: 2 000 USD
• Third place: 1 000 USD
3. Winners will be announced not later than in one month after the end of the round on the Contest home page and will be notified by e-mail.
4. Cash prizes will be transferred to winner’s Armada Markets Live account, which should be registered with the email, stated at registration.
Contest Source : Armada Markets :- For detailed terms and more visit ArmadaMarkets