Forex Demo Contest from RoboForex
- Link : RoboForex KingSize MT5 | Demo Contest
- Duration: 2 hours (every Thursday)
- Available: All Client
- How to Participate: Register the contest with demo account
- How to Win: Make profit with the highest balance
- Withdrawal: Prize can be withdrawn after trade some lots. Profit can be withdrawn anytime
- Prize pool — $1,000.
- Prize pool is distributed between 10 best traders of the competition according to their final ranking.
The time of the contest
The “KingSize MT5” contest is held weekly and involves only demo accounts. Each competition starts on Thursday, at 8:00 p.m. (server time), and finishes at the same time on Friday.
Terms of participation in the contest
Verification of your Members Area.
Initial deposit — $1,000 (initial balance is deposited one minute before the competition starts).
Stop Out level — 20%.
Leverage — 1:200.
Account type — MT5 Demo Pro.
Trading platform — MetaTrader5.
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 a 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 email@example.com.
TimeOut — 12 competitions.
Prizes of the contest
Prize pool — $1,000.
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 firstname.lastname@example.org.
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.