Discussion of the Forex Contest DNA Markets Forex Contest

kasok posted:
Hello
To be eligible for this contest
We must open real account with broker now or if we are from the 10 winners ?

dnamarkets posted:

kasok posted:
Hello
To be eligible for this contest
We must open real account with broker now or if we are from the 10 winners ?

Hi Kasok,

I hope you're doing well.

To streamline the process and save time, we recommend creating an account with DNA Markets sooner rather than later.

Kind regards,

David
DNA Markets

dharma0277 posted:
But the contest should not begin right ? what's the urgency to create for real account now ? Is it prerequisite for the contest? Im not seeing this on the term

louphilipp posted:
is that a withdrawable amount?

dnamarkets posted:

dharma0277 posted:
But the contest should not begin right ? what's the urgency to create for real account now ? Is it prerequisite for the contest? Im not seeing this on the term

Hi dharma0277

Great question!

You can find the eligibility criteria in the competition rules just under general.
"ELIGIBILITY CRITERIA
To be eligible for this promotion, Selected Clients must:
Register during the Registration Period via the Myfxbook ‘Trading Competitions’ page; and
Have been approved for a live trading account with DNA Markets"

Hence why we 'recommend' to sign up to DNA Markets sooner rather than later, but you can also do so if/when you're a winner if that is your preference.

Kind regards,

David
DNA Markets

dnamarkets posted:

louphilipp posted:
is that a withdrawable amount?

Hi louphilipp,

Thanks for the question.

Please see the T's and C's section under Conditions. You will see a section called Trading Credit

TRADING CREDIT
Winners will receive the Trading Credit to their respective live trading accounts and will appear in the balance facility of the trading. This credit:
May be used for trading purposes ONLY (as margin to open and maintain positions) CANNOT be withdrawn as cash.
May be redeemed ONCE only per Selected Client;and
Will be subject to removal if there has been no trading activity in the account for a period of two months.

Kind regards,

David
DNA Markets

dharma0277 posted:

dnamarkets posted:

louphilipp posted:
is that a withdrawable amount?

Hi louphilipp,

Thanks for the question.

Please see the T's and C's section under Conditions. You will see a section called Trading Credit

TRADING CREDIT
Winners will receive the Trading Credit to their respective live trading accounts and will appear in the balance facility of the trading. This credit:
May be used for trading purposes ONLY (as margin to open and maintain positions) CANNOT be withdrawn as cash.
May be redeemed ONCE only per Selected Client;and
Will be subject to removal if there has been no trading activity in the account for a period of two months.

Kind regards,

David
DNA Markets

Dear David,

Can you make it more clear on term : "May be redeemed ONCE only per Selected Clients" mean??

dnamarkets posted:

dharma0277 posted:

dnamarkets posted:

louphilipp posted:
is that a withdrawable amount?

Hi louphilipp,

Thanks for the question.

Please see the T's and C's section under Conditions. You will see a section called Trading Credit

TRADING CREDIT
Winners will receive the Trading Credit to their respective live trading accounts and will appear in the balance facility of the trading. This credit:
May be used for trading purposes ONLY (as margin to open and maintain positions) CANNOT be withdrawn as cash.
May be redeemed ONCE only per Selected Client;and
Will be subject to removal if there has been no trading activity in the account for a period of two months.

Kind regards,

David
DNA Markets

Dear David,

Can you make it more clear on term : "May be redeemed ONCE only per Selected Clients" mean??

Hi Dharma0277,

Thanks for asking, and sorry for any confusion.

When we say "redeemed ONCE only per selected client," we mean that if you have registered multiple demo accounts, only one of your accounts is eligible to participate and win a prize in this competition. Any additional accounts you have created that win a prize will be deemed ineligible. This ensures fair practice for all competitors.

Kind regards,

David
DNA Markets

dharma0277 posted:

dnamarkets posted:

dharma0277 posted:

dnamarkets posted:

louphilipp posted:
is that a withdrawable amount?

Hi louphilipp,

Thanks for the question.

Please see the T's and C's section under Conditions. You will see a section called Trading Credit

TRADING CREDIT
Winners will receive the Trading Credit to their respective live trading accounts and will appear in the balance facility of the trading. This credit:
May be used for trading purposes ONLY (as margin to open and maintain positions) CANNOT be withdrawn as cash.
May be redeemed ONCE only per Selected Client;and
Will be subject to removal if there has been no trading activity in the account for a period of two months.

Kind regards,

David
DNA Markets

Dear David,

Can you make it more clear on term : "May be redeemed ONCE only per Selected Clients" mean??

Hi Dharma0277,

Thanks for asking, and sorry for any confusion.

When we say "redeemed ONCE only per selected client," we mean that if you have registered multiple demo accounts, only one of your accounts is eligible to participate and win a prize in this competition. Any additional accounts you have created that win a prize will be deemed ineligible. This ensures fair practice for all competitors.

Kind regards,

David
DNA Markets

Dear David,

Thanks for your clear explanation, and it should be cleared when we register as participant on the competition, there is a demo account automatic generated, with 10K balance, that should be a specific account that we should use for trading, in my opinion.