Organization : FXCM South Africa
Competition Name : Forex Trading Contest
Applicable For : FXCM Mini Account holder
Competition Deadline : November 2016
Prize : $10,000
Website : https://www.fxcm.za.com/advantages/mini-account/forex-trading-contest/
Forex Trading Contest :
Compete to Win Cash Prizes :
** Showcase your trading skills against your peers in FXCM’s $10,000 Monthly Challenge, only available to FXCM clients with an FXCM Mini Account.
Related : Department of Home Affairs Second Annual Mkhaya Migrants Awards : www.southafricain.com/3375.html
** Join the monthly contest by opening an FXCM Mini Account with as little as $50.
Contest Highlights :
** $10,000 prize pool
** Contest restarts each month
** best percentage return wins
** Automatic entry for FXCM Mini Accounts
How do I join the contest?
** All you have to do is Open an FXCM Mini Account for as little as $50.
** Every client with an FXCM Mini Account is automatically registered at the beginning of the month. It’s that simple.
Entry And Contest Eligibility :
** In order to be eligible for the FXCM’s $10,000 Monthly Challenge (the “Contest”), a contestant must
** (i) be a new or existing retail client of Forex Capital Markets, LLC (“FXCM”) for the entirety of the Month (as defined below),
** (ii) be utilizing FXCM’s dealing desk execution model at the beginning of the Month,
** (iii) be utilizing either of FXCM’s Trading Station or MT4 platforms, and
** (iv) have an account balance at the beginning of each Month of greater than $0 and less than $20,000 USD.
** Only one prize per Month is allowed per account holder or trader.
** There is no registration form or entry fee required.
** All live and eligible FXCM Mini Accounts (the “Eligible Traders”) at the beginning of the Month will be automatically entered into the contest.
** In order to receive a prize for any given Month an Eligible Trader must complete a minimum of ten (10) trades during such Month.
** Withdrawing funds from your account or receiving a “margin call” will disqualify an otherwise Eligible Trader from the Contest for that Month.
** FXCM shall have sole discretion to disqualify any otherwise Eligible Trader found in violation of these Terms & Conditions (the “Contest rules”).
** FXCM, in its sole discretion, may disqualify any Eligible Trader for any reason.
Contest Trading Period :
** For the purposes of the Contest, the trading month (the “Month”) officially begins at 5:00 PM Eastern Standard Time on the last day of the previous calendar month and ends at 5:00 Eastern Standard Time on the last day of each calendar month.
** Eligible Traders are not required to participate in the Contest.
** Eligible Traders can choose to opt-out of the Contest at any time before, during, or after the Contest.
** Prior to opting-out, all Eligible Traders are subject to the Contest Rules.
** To opt-out, please contact us via e-mail at: info AT fxcm.com.
** Once an Eligible Trader opts out via the process set forth in this Section 4, such contestant will be disqualified from the Contest (not just for the Month in which such opt out is received) until FXCM receives notice otherwise.
Each month prizes will be given to each of the Monthly Winners in the following amounts within thirty (30) calendar days of the end of each Month:
** 1st Place Monthly Winner: $5,000
** 2nd Place Monthly Winner: $2,500
** 3rd Place Monthly Winner: $1,500
** 4th Place Monthly Winner: $750
** 5th Place Monthly Winner: $250
Communication Delays :
** FXCM shall not be made liable in the acceptance or transmission of orders due to a breakdown or failure of transmission or communication facilities, or for any other cause beyond FXCM’s reasonable control and/or anticipation.
Contest Trading Regulations :
** The purpose of the Contest Rules is to ensure that every Eligible Traders has the same opportunity for success in the Contest as other Eligible Traders.
** FXCM reserves the right to amend, waive, or interpret any portion of the Contest Rules in its sole discretion.