This contest is intended exclusively for "MarkUP" trading accounts, in which a commission multiplier is set of at least x4 ($20 and more). The competition offers prizes from $10 to $500. The duration of the competition is 1 week.
Prizing and their sizes
The number of prizes depends on the number of participants in the competition:
|Number of participants||Number of prizes|
|Less than 3||The contest is not held|
|Less than 3||3|
|Less than 10||5|
|20 and more||8|
|Winning place||Deposit size (USD)|
|Group 1: deposit $100 – $499||Group 2: deposit $500 – $999||Group 3: deposit $1,000 and more|
Regardless of the number of participants, prizes are distributed from the top to the bottom. For example, if you participate in a group of ten participants, there will be five prizes with the following prizes: 100, 80, 60, 40, $20. In the case of six participants in the third group, there will be three prizing places with the following prizes: 500, 300, $200.
Application and conditions of participation in the competition
The frequency of the competition is one trading week (Monday 00:05 EET - Friday 23:55 EET).
You can apply for participation before the start of the trading week by clicking on the appropriate button opposite to the selected trading account (which will participate in the competition).
The minimum deposit of a trading account that can take part in the competition is $100. An additional requirement is to save at least 50% of the funds from the initial deposit (calculations are based on equity).
The criteria for building a rating of the contestants - is the amount of the commission paid to the Company. The values of the paid commission and the drawdown of the account are reset at the beginning of each new stage of the competition (Monday 00:05 EET). Rating of the contest participants can be found on this page.
It is prohibited to deposit/withdrawal funds during the contest week. Those operations are allowed only on weekends (Saturday and Sunday).
You can refuse to participate in the contest at any time by clicking the appropriate button opposite to the selected contest account.
Obtaining of the prize and its trading volume
The prize is credited to the trading account that won it and is considered not withdrawable until the moment of full volume to be traded. Withdrawing funds from a trading account with a received prize is prohibited. An account with the credited prize cannot participate in the next competition until it is fully traded. You can cancel the prize at any time by clicking on the appropriate button opposite the account with the credited prize.
In order to trade the prize, it is necessary to complete a minimum volume of trading operations within four weeks after receiving the prize:
|Group 1||Group 2||Group 3|
Trades in the amount of $400,000(4 lots USD)
Trades in the amount of $1,200,000(12 lots USD)
Trades in the amount of $2,000,000(20 lots USD)
In the case of a prize being completely traded, the entire amount of the prize money becomes the means of the trader and he can manage them at his discretion.
In the case of a drawdown of the account with the credited prize, only the deposit of the trader participates. If you lose 100% of the deposit, the credited prize is cancelled.
The list of accounts with received prizes can be found on the trading accounts page.