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Contest prizes: the prize fund of the contest is 4 000 USD
- 1st place is awarded with 1200 USD
- 2nd place is awarded with 600 USD
- 3rd- 4th place is awarded with 300 USD
- 5th - 7th place is awarded with 200 USD
- 8th–17th place is awarded with 100 USD
All contest participants must be of legal age (18 or above).
One person can only open one contest account.
Each participant must be able to open a live account with Arum Capital in order to receive the prize.
Participants who do not meet the criteria of Arum Capital for opening a live account with the company shall be disqualified and the Company reserves the right to withhold the award and name a different winner.
Each participant agrees to provide real and correct data during the registration. Providing fake data may result in disqualification from the Contest at any stage.
The Company reserves the right to reject or disqualify any participant who is brewing the terms set herein and in all cases when the company has reasons to believe that the contact is engaged in fraud or otherwise unfair trading methods / practices including but not limited to: Any kind of IP match between two or more participants shall be grounds for disqualification.
Registration for the contest will start on March 11th, 2018 and will end at March 26th, 2018 07:59 GMT. Trading will commence on March 26th, 2018 08:00 GMT and will end at April 27th, 2018 23:59 GMT. Trading will be disabled until the contest starts.
Each contest account shall have the same trading conditions:
Account type – Arum MT4 Initial deposit – 10,000 USD
Minimum volume is 0.01 lot, maximum volume is 1000 lots, step size - 0.01 lot, maximum number of open positions/pending orders: 200 Trading via Expert advisors shall be encouraged All the current content stats shall be available at myFXbook website.
On the contest finish date all the open orders shall be automatically closed at the current market rates.
The participants with the highest balance who also sphere to all other conditions set herein shall be announced as winners.
Winners agree to the publication of their names in the Arum Capital company news and Social pages. Each contestant agrees that some of his/her registration data (including but not limited to country of residence) will be published at www.ArumCapital.eu and the company's official Social pages.
The prize is paid into the winner's real / live account with Arum Capital within 20 calendar days of the announcement of the winners and can be withdrawn without restrictions.
In all cases when the announced winners do not already have an approved live account with Arum Capital, documents and additional information shall be requested in order to open such account as per the standard Account Opening procedures of the company.
In case discrepancies in the data initially provided by the winner and the supplied documents are found, the winner shall be disqualified. In case the winner is unable to open a live account within 20 business days, he/she shall be disqualified.
Withdrawal is only available via Skrill and Netteller payment systems.
Withdrawal only after making 5 trades, of any volume and any trading asset.
In case two or more contest winners have equal balances in the end of the contest, the respect prize will be shared among them equally.
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.
Contents and prizes offered should not be considered as an incentive to trade, it is not meant to be as such by the Company.
Only party in the trading contests when you feel you are ready to trade.
The competition is not addressed to residents from Afghanistan, Belgium, Burundi, Canada, Central African Republic, China, Congo, Cuba, Djibouti, Eritrea, Ethiopia, France, Guinea, Iran, Iraq, Japan, Laos, Libya, Liberia, Mali, Myanmar/Burma, Niger, North Korea, Syria, Sudan (North and South), Somalia, Suriname, Tunisia, Turkey, Trinidad and Tobago, USA, Venezuela, Yemen, Western Sahara, Zimbabwe. Participants from this areas will not be able to open live accounts with Company and as a result they will be disqualified.