- The name of the contest is Winsorfx Champion, pointed to hereinafter as the Contest.
- Winsorfx Markets Incorporated, hereinafter referred to as the Organization, is organizing and running the Contest.
- The length of the contest is 1 month from the start date to the completion date.
- Contest registration is announced prior to its launch. Anyone can register for the contest during the registration period.
- Contest prizes:
- 1st position holder gets 400 USD
- 2nd position holder gets 200 USD
- 3rd position holder gets 150 USD
- 4th position holder gets 50 USD
- 5th position holder gets 30 USD
- The contest may only be attended by individuals of legal age.
- For each contest round, each participant must register a new demo account.
- During the registration, each applicant intends to provide genuine data. Providing false information will lead to dismissal from the contest.
- Disqualification would be subject to the same kind of IP match.
- Any form arbitrage trading or any other price and/or quotation violation will be subjected to suspension from the Contest.
- The Organization reserves the right, without specifying the justification, to refuse or disqualify any participant. Justifications for suspension which involve the opening at roughly the same time of large amounts of opposite orders of the same currency pairs in separate trading accounts, as well as the use of quote flow failures for assured benefit or any other forms of cheating.
- For each and every contest account have got the similar trading conditions, that
is:
- Initial deposit – 1,000 USD
- Account type – similar to Winsorfx Micro account
- Minimum volume – 0.01 lot, maximum volume is not limited
- Leverage: 1:500
- Trading tools – similar to Winsorfx Micro account
- It permits all trading strategies or EAs.
- Most of the contest stats are currently available on the Winsorfx website.
- All open orders will be automatically closed at the prevailing market rate on the final date of the contest.
- The competition is won by the individual with the highest balance.
- Champions consent to their names being shared on social media.
- The Champion should address the interview questions in full in order to be released on the Winsorfx website.
- In the month following the completion of the round, a prize must be won. Otherwise, Winsorfx has the right to refuse to give an award.
- Every participant accepts that certain details concerning his / her registration will be posted at www.winsorfx.com.
- The award is deposited into the wallet of the applicant and can be withdrawn.
- If two or more champions of the contest have the same balance at the end of the contest, they will share the award equally.
- The company has the right, on the basis of direct or indirect proof of attempted fraudulent operations with the prize funds, to declare any prize already granted invalid and subject to cancellation.