FX Street -The FX Trader of the Year 2014 Demo Contest

FX Street -The FX Trader of the Year 2014 Demo Contest

The FX Trader of the Year 2014 Demo Contest takes place from 12th October till 14th November 2014.

FX Street -The FX Trader of the Year 2014 Demo Contest

Contest Dates – 12th October till 14th November 2014

Sign up for the Contest here – FX Street -The FX Trader of the Year 2014 Demo Contest

Note – The Trader of the Year Contest 2014 is open to all individuals who are minimum 18 years old at the time of the contest start, excluding residents of the US, Iran, Syria and North Korea.

Prizes – FX Street -The FX Trader of the Year 2014 Demo Contest

1st Prize

$10,000 live trading account with Hantec Markets.

1 life time subscription to ForexTester

6 months subscription to eFXnews Plus (Premium Service)

3 month subscription to ForexTrading.tv

1 Subscription to the Advanced Ichimoku Course by 2ndSkiesForex

2nd Prize

$5,000 live trading account with Hantec Markets.

1 life time subscription to ForexTester

6 months subscription to eFXnews Plus (Premium Service)

3 month subscription to ForexTrading.tv

 3rd Prize

$3,000 live trading account with Hantec Markets.

1 life time subscription to ForexTester

6 months subscription to eFXnews Plus (Premium Service)

3 month subscription to ForexTrading.tv

 4th – 5th Prize

1 life time subscription to ForexTester

6 months subscription to eFXnews Plus (Premium Service)

Contest Rules – FX Street -The FX Trader of the Year 2014 Demo Contest

  1. The contest starts on 12th October 2014 at 9:00pm GMT and ends on 14th November 2014 at 10:00pm GMT, at which time all open positions will be closed and all profit and loss (P&L) will be realized. It will not be possible to make any transactions on the contest account before the start of the contest on 12th October 2014 at 9:00pm GMT. All contestants will receive an email signaling the start of the contest
  2. All contestants will start with USD 10,000 of virtual funds in their trading accounts and will all have a leverage of 1:100. Neither the initial amount nor the leverage can be changed.
  3. For the purpose of this contest only the following instruments may be traded: EURUSD, GBPUSD, USDJPY, USDCHF, XAUUSD & USOIL.
  4. The minimum permitted trade size is 1 lot and maximum trade size is 5 lots.
  5. The maximum running orders is 6 at any given time. Therefore the maximum permitted open positions will be 30 lots.
  6. Contestants will be trading on tight spreads with a $4 commission charge per traded lot.
  7. The account Stop Out level will be set at 30%. As soon as this level is breached all open position will be liquidated.
  8. Contestants are permitted to use all of the features of Hantec Markets’ MT4 trading platform and use any Expert Advisors they like (apart from unethical trading).
  9. The performance of each account is based on realized and unrealized profit and loss (P/L) for the duration of the competition.
  10. The scores of all participants at any given point in time of The Trader of the Year 2014 contest will be showing on FXStreet and hantecfx.com throughout the duration of the contest.
  11. The winner will be the contestant with the highest Account Equity. The runner-up will be the contestant with the second highest Account Equity, and the third place will be the contestant with the third highest Account Equity.
  12. The final Account Equity will be determined by the 10:00pm GMT prices on 14th November, the last trading day of the contest. Keep in mind that all open positions will be closed and all profit and loss of open trades will be realized. In the event of a tie, the winner will be determined by raffle.
  13. Breaching the contest conditions will disqualify the trader from this contest and from any of the prizes.
  14. Participants agree that any and all claims, disputes and causes of action arising out of or related to the contest shall be decided on by Hantec Markets only.
  15. You should read these rules and Terms and Conditions carefully and adhere to them during the contest. Ignorance of these rules will not be considered legitimate grounds for a complaint.
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