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In order to enter (the "Contest"), you must agree to the following terms and conditions set forth on this page (the "Rules").
The Contest starts on the 1st August 2014.
The Contest ends on the 31st August 2014.
Registration ends 31st July 2014
How to Enter: To enter the Contest, each entrant must follow the instructions on (www.myfxbook.com) to create a Contest demo account (“Account”). Each entrant is allowed to have only one (1) Account. Each Account will be locked until the start of the Contest and will start with a balance of $50,000USD in virtual funds. Only the Account issued to you after registration will be allowed take part in the Contest.
Each participating Account shall start with a $50,000 USD balance with a set leverage of 200:1.
Determination of Prize Winners: The winners will be the entrants with the highest Account balance, after liquidation of all open positions, at the end of the Contest. Prizes will be provided for the first, second and third place winners.
First Place: The first place winner shall receive 3,500 USD deposited into his/her Squared Financial account within twenty (20) calendar days of prize notification.
Second Place: The second place winner shall receive 1,000 USD deposited into his/her Squared Financial account within twenty (20) calendar days of prize notification.
Third Place: The third place winner shall receive 500 USD deposited into his/her Squared Financial account within twenty (20) calendar days of prize notification.
Withdrawal of Funds: Funds deposited by Squared Financial as a prize can only be withdrawn after 30 days from the date of deposit.
No Alternatives: Prizes are non-transferable and no cash alternative is available. No prize transfer, assignment or substitution by winners is permitted.
Squared Financial may use its sole discretion to determine whether a client's trading activity entitles them to retain the prize credit.
Myfxbook and the broker reserve the right to reject or disqualify any participant without explaining the reason. Reasons for disqualification may include opening big volume opposite orders with the same currency pairs in different trading accounts at approximately the same time, as well as the usage of failures in the quote flow for getting guaranteed profit, multiple accounts or any other kinds of cheating.