MFX FX-Rodeo: Demo Tournament with weekly prize fund of $2500

TIMING: MFX FX-Rodeo: Demo Tournament

The FX-Rodeo tournament is held for special demo accounts every week on Thursdays. The tournament takes place from 10:00 on Thursday to 10:00 on Friday (trading terminal time).

Contest Period :-  Every Thursdays

Sign up for contest here :- MFX FX-Rodeo: Demo Tournament

Also Check out some of the Best forexbonus100.org – Forex no deposit bonus and promotions 2014

HOW WINNERS ARE DETERMINED

A participant with the largest deposit amount by the end of a round becomes the winner of the round. The rest prize winners are chosen in the same manner.

PRIZE FUND: MFX FX-Rodeo: Demo Tournament

  • The 1st place – 1000 USD
  • The 2nd place – 500 USD The 3rd place – 300 USD
  • From the 4th place to the 10th place – 100 USD

 HOW TO TAKE PART? MFX FX-Rodeo: Demo Tournament

  • In order to participate in a round you need to compete the registration procedure in the personal cabinet. Requests for participation in an upcoming round are accepted until 09:00 (trading terminal time) on a day the round takes place.
  • Requests submitted after the specified time will be registered for the next round.
  • In order to participate in every subsequent round it’s necessary to submit new participation request.
  • It’s forbidden to register more than one personal MF wallet using the same email address and personal user data (phone number, email).
  • As you complete the registration form, real data should be specified. Full name and registered address should be specified in full and be in complete accordance with data of passport of another identification document used in your country.
  • Initial deposit – $5000.
  • A participant has the right to conduct trades only in a single demo-account from 10:00 on Thursday until 09:59 on Friday (trading terminal time).
  • Number of simultaneously open trading positions is not limited.
  • Lot volume of open trading positions is not limited.
  • List of instruments that might be used in trading is not limited.
  • Using expert advisors is forbidden.
  • Stop out level 0%.
  • Leverage 1:200.
  • By the end of a round all open trades in a participant’s account are closed automatically, all pending orders are deleted automatically.
  • Trading in different accounts using the same IP address is forbidden.
  • A participant violating the present rules is to be disqualified and has no right to get a prize.

TOURNAMENT RULES: MFX FX-Rodeo: Demo Tournament

  • Initial deposit – $5000.
  • A participant has the right to conduct trades only in a single demo-account from 10:00 on Thursday until 09:59 on Friday (trading terminal time).
  • Number of simultaneously open trading positions is not limited.
  • Lot volume of open trading positions is not limited.
  • List of instruments that might be used in trading is not limited.
  • Using expert advisors is forbidden.
  • Stop out level 0%.
  • Leverage 1:200.
  • By the end of a round all open trades in a participant’s account are closed automatically, all pending orders are deleted automatically.
  • Trading in different accounts using the same IP address is forbidden.
  • A participant violating the present rules is to be disqualified and has no right to get a prize.

PRIZE AMOUNT RECEPTION CONDITONS

  • In case of win, special prize trading account is automatically created in the personal cabinet. Prize amount is transferred to the account.
  • Account login data is sent to email-address used for registration in the personal cabinet.
  • A separate prize account is created after every round, within the frame of which a participant takes a prize place.
  • A client has the right to conduct trades in a prize trading account within one calendar month.
  • Maximum profit amount derived from trading using bonus amount may not exceed the bonus amount.
  • Profit gained as result of trading using a prize amount is available for withdrawal without any limits.
  • As a calendar month since the account creation date expires the account is deleted, and all profit gained is automatically transferred to the client’s personal MF wallet.
  • Prize amount is not available for withdrawal.
  • As a prize account is deleted, prize amount it contains is cancelled.
  • It’s not allowed to add funds to a prize account.
  • Prize account becomes available for trading once the participant’s testimonial is received by the company. Testimonial is submitted by a winner in the form of answers to the questionnaire provided by the company’s representative.
  • Trading conditions correspond to the ones of Standard account type.
  • Leverage 1:100.

Forex Demo Trading Contest – Terms & Conditions source:  MFX Forex Broker

If you enjoyed this article, Get email updates (It’s Free)
Share with FriendsShare on FacebookShare on Google+Tweet about this on TwitterPin on PinterestEmail this to someoneShare on StumbleUponDigg thisShare on TumblrShare on Reddit

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *