Contest Rules

Trading Conditions on the Demo Contest Account

1. The contest is participated on the RoboForex-Demo Server with MetaTrader4 trading terminal.
2. Initial deposit – $ 100,000
3. Trading leverage - 1:100
4. Maximal order's lot - 1.0 (ie allowed the transaction from 0.01 to 1 lot)
5. Maximal opened orders 10, including pending orders
6. During competition participant can not use help of automatic advisers of trade terminal and scripts.

Rating Calculation

1. Participant's rating is calculated based on the maximum value of Balance (closed trades) every hour.
   
   Calculation Formula: (<current balance> - <initial balance>) / <initial balance> * 100%
    

2. For the total rating calculations:

   • we DO NOT take into account orders which last less than 3 minutes;
   • we DO NOT take into account closed orders if the difference between order opening and closing prices is less than the spread value;
   • we DO take into account all orders with loss despite of their profit/loss or duration;
   • we DO take into account only closed orders on the following trading instruments including only 23 currencies pairs.
      
3. At the end of each contest, all participant's open orders will be closed by current market price, pending orders will be deleted.
4. RoboForex has a right to change or amend competition rules. Changes will be applicable only since new stage of competition.

Disqualification of the Participants

Participant may be disqualified due to the following reasons:

1. If he opened more than one competition account;
2. If the anti-fraud system spotted participant’s affiliated account;
3. If he registered using false personal data or contacts.

Winner Identification:

1. The Winner is the participant who won first place on value of Balance (closed trades);
2. In case of the winner disqualification the prize is given to the second participant with maximal value of Balance (closed trades);
3. In case prize money of the partner remains unclaimed (a participant, who is a winner, is not somebody’s referral), it is distributed between partners, whose attracted clients haven’t become winners of the Contest, according to the final rating in an amount of 15 USD (minimum prize);
4. RoboForex has a right to ask a copy of winner’s passport before transferring prize money to his account.
5. Prize money will be transferred to any of the winner’s real trading accounts within a week after the end of competition stage.