FIXI Markets Trading Cup July 2018 Competition Leaderboard
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FIXI Trading Cup Terms and Conditions
- Competition Overview
- Competition Trading Terms
- Winner Determination and Prize Taking
- Notifications and Disclaimers
FIXI Trading Cup is a trading competition (the competition) arranged by FIXI Markets (the company).
The competition running period:
Trading will commence on July 1st, 2018 10:00 PM GMT+1 and will end on July 27th, 2018 10:00 PM GMT+1. Trading will be disabled until the competition starts
Prize pool for the competition is 7 500 USD
The distribution of prizes is the following:
1st place is awarded with 3000 USD
2nd place is awarded with 1300 USD
3rd place is awarded with 1000 USD
4th place is awarded with 450 USD
5th place is awarded with 400 USD
6th place is awarded with 350 USD
7th place is awarded with 300 USD
8th place is awarded with 250 USD
9th place is awarded with 200 USD
10th place is awarded with 150 USD
11th place is awarded with 100 USD
The competition participants must be of legal age (18 or above).
The competition participant must be able to open a live account with FIXI Markets. Such account will be governed by the Terms and Policies set by FIXI Markets for the live account registration.
A person is allowed to register only one demo competition account with which person can participate in the competition.
Each participant agrees to provide accurate data while registering an account. Providing fake information will result in disqualification from the competition at any stage.
FIXI Markets reserves the right to reject or disqualify any participant who in FIXI Market’s sole discretion is seen to be engaged in fraudulent activity or unfair trading practices including but not limited to: Any kind of IP match between two or more participants shall be grounds for disqualification.
Each competition account shall have the same trading conditions:
All Participants will have same account type: FIXI Markets’ MetaTrader 4 Demo
All participants will have the same leverage: 1:100
Demo notional deposit granted by FIXI Markets for each participant will be 10,000 USD *
Any profits earned in trading in the Demo account have no cash value and is solely used for the competition purposes and the accountholder is not entitled to any claim this notional profit from FIXI PLC
Minimum volume to be traded during the competition is 0.01 lot.
Maximum volume to be traded during the competition is 10 000 lots.
Minimal step size during the competition is - 0.01 lot.
Maximum number of open positions/pending orders during the competition is - 200.
Competition statistics and leaderboard shall be available at FIXI Markets website.
On the competition finish date all the open orders shall be automatically closed at the current market rates.
The participants with the highest percentage return on the initial notional equity balance who also meet all other conditions set herein shall be announced as winners by FIXI Markets.
In case two or more participants of the competition will have equal percentage return on the initial balances at the end of the competition, the prize will be shared among them equally.
The competition results will be revealed during the month after the competition finishes and all checking procedures are completed.
To receive the prize each participant must be able to open a live account with FIXI Markets. Such account will be governed by the Terms and Policies set by FIXI Markets for the live account registration.
The prize is allocated to the winner's live account with FIXI Markets within 30 calendar days of the announcement of the winner of the competition.
In case the winner is unable to open a live account within 30 calendar days after being announced as a winner he/she shall be disqualified.
In order for the winner to withdraw the funds from his/her FIXI Markets live account, the winner shall trade minimum amount of lots as stipulated below on his/her live account as follows:
Wining Position Sum Awarded on Live Account for the Winning Position Minimum Amount of Lots to be traded with the awarded prize since the prize amount is deposited on the Live account First Place 3000 USD 20 Lots Second Place 1300 USD 15 Lots Third Place 1000 USD 10 Lots Fourth Place 450 USD 5 Lots Fifth Place 400 USD 5 Lots Sixth Place 350 USD 3 Lots Seventh Place 300 USD 2 Lots Eighth Place 250 USD 2 Lots Ninth Place 200 USD 1 Lots Tenth Place 150 USD 1 Lots Eleventh Place 100 USD 1 Lots
It is not allowed to use Expert Advisor while trying to meet the necessary criterion for claiming the prize and such activity would be considered as the breach of the competition rules, FIXI Markets reserves the right to disqualify such contestant at any stage of the competition.
After meeting these criterion, the winner is allowed to withdraw a full amount available on his/her account.
Withdrawal of the funds generated by winning the competition and meeting the required criterion is available by Skrill, Neteller or via Bank Transfer. All withdrawal methods are subject to KYC and Due Diligence procedures set by the FCA.
Each participant can win any prize in FIXI Markets’ demo competition BullsEye only once per year.
Disqualified participants will be banned from taking part in the competitions organised by FIXI PLC, for a year.
The competition and prizes offered by FIXI Markets should not be considered as an incentive to trade.
Only take part in the trading competition when you feel you are ready to trade.
Trading via Expert Advisors during the competition is not allowed. FIXI Markets reserves the right to disqualify contestants engaged in such activities.
By registering for the competition, each participant agrees that some of his/her registration data (including but not limited to country of residence) will be published at www.fiximarkets.com company’s official page and on pages of its authorised representatives. As well as the company's official Social Media pages.
Participants who would not be eligible to open approved live account with FIXI Markets will be disqualified and the company reserves the right to withhold the award and name different winner.
In all cases when the announced winners do not already have an approved live account with FIXI Markets, the company reserves the right to request additional information and documents in order to open such account as per the trading Account Opening procedures of the company.
In case discrepancies are found in the data and documents provided by the winner at the time of registration for the competition, or at the time of opening live trading account, the winner shall be disqualified.
The Company reserves the right to declare any prize already given invalid and subject to cancellation upon direct or indirect evidence of attempted fraudulent operations with the prize funds.
By registering for the competition participant confirms that he/she has read, understands and accepts FIXI Market's FIXI Trading Cup Terms and Conditions and agrees to abide.
By registering for the competition participant confirms that he/she agrees that FIXI PLC and its authorized representatives can keep the participant data, and may contact the participant via e-mail or phone for the purposes of the competition and explanation of its products, services and promotions.
Please note that trading conditions such as but not limited to execution speed, may differ between FIXI Markets Demo Competition Account and FIXI Markets live account.
The competition is not addressed to residents and citizens of USA, Iran, Iraq, Syria, Lebanon, Liberia, Libya, Somalia, Burma, Eritrea, Sudan, Zimbabwe, Democratic Republic of the Congo, Republic of North Korea, Former Federal Republic of Yugoslavia, as they will not be able to open live accounts with FIXI Markets as per the firm policy and will be disqualified..