General Terms

• This contest is held by Tickmill Ltd (Tickmill) for Introducing Brokers (IBs) in Latin America, Africa, Asia, CIS & Rest of World.

• The Contest is only available for Introducing Brokers who introduce Clients that are registered with Tickmill Ltd (FSA Seychelles regulated entity) or Tickmill Asia Ltd. (FSA Labuan regulated entity)

• The Contest Period starts on June 1, 2023 at 00:00 GMT+3 and ends on February 1, 2024 at 23:59:59 GMT + 2.

• All existing and new IBs of Tickmill can participate in the Contest.

• Each trading Client* of Tickmill can become an IB by opening an IB account inside the Client Area and participate in the Contest.

• Clients introduced by IBs are allowed to employ all trading strategies, including Expert Advisors (EAs).

* All clients must be verified.
 
Contest Points

• Every participant of the Contest receives Contest Points based on the LIVE trading volume generated by the new LIVE clients they introduced during the Contest Period.

• Only New LIVE* clients introduced during the Contest Period are accounted for in the calculation of the Contest Points. * New LIVE Clients are considered those who have registered an IB number during Tickmill SC Client Area registration and opened a trading account under the same IB number.

• Clients who showed an abusive behaviour can be excluded at any point on Tickmill’s discretion. Should that happen, the IB might see a drop in points as the points of the disqualified clients will not count.

• Every 0.01 round lot traded by an introduced new Client equals to 0.01 Contest Points. For example: a Client who traded 5.48 round lots, brings 5.48 Points to their IB.

• The maximum amount of Points that an IB can receive from each Client is 100 points. For example: a client who traded 400.35 round lots, brings 100.00 Contest Points to their IB.

• Trading volume is calculated based on the closed trades executed with currency pairs and metals whereas CFDs on Stock Indices, WTI and bonds are excluded.

• Trading volume is calculated for the completed (opened and closed) round turn trades performed during the Contest Period, starting from the day that the new Client has been registered under the IB.

• A ‘round turn’ trade represents the opening and closing of 1 standard lot position, and it is counted as 1 standard lot of trading volume, resulting in 1 Contest Point.

Leaderboard

• There will be 5 Leaderboards available, one for each relevant region where the Contest will be taking place: Latin America, Africa, Asia, CIS & Rest of World.

• Each IB who has introduced at least one new Client during the Contest Period will appear on the relevant regional Leaderboard.

• The Leaderboard consists of 3 columns: IB Account, Number of Clients and IB Score.

• The IB Account column will display the last 4 digits of the IBs’ account numbers.

• The IB Score is the sum of all Contest Points.

• The Leaderboard is sorted by the IB Score, starting from the highest score in the first place.

• The Leaderboard is updated automatically every 120 minutes.

Prizes

• The IBs who have accumulated the highest amount of Contest Points during the Contest Period are eligible to receive Prizes based on the following table:

  • 1st Place Winner = 10,000 USD

  • 2nd place = 5,000 USD

  • 3rd place = 2,000 USD

  • 4th – 10th place = 1,000 US

• In addition to the above Prizes, all participating IBs who introduced at least 10 new LIVE clients during the Contest Period and who each traded at least 10 standard lots in currency pairs and metals will receive a Special Reward. The Special Reward will be calculated as 10% of the highest monthly IB commission that the IB has earned on new introduced Clients during the Contest Period.

• The Winners will be announced on the Contest page at www.tickmill.com and on the Facebook page no later than February 15th, 2024.

• All cash prizes are fully withdrawable and will be credited to the IB accounts no later than 15th of March 2024.

• Winners agree to provide their first name, personal photograph and a short interview that will be published on www.tickmill.com before collecting their prize.

• The Winner takes responsibility for paying any applicable taxes or other fees associated with receiving or using the prize.

• The Winner cannot transfer the Prize to anyone else.

• Tickmill will contact the Winners personally via email or by phone.

• In the event a Winner does not respond to Tickmill’s communication within 48 hours, they shall be disqualified, and the respective Prize will go to the next IB in the Leaderboard.

• Requests to review the Contest results shall be accepted by March 13th, 2024

Other Terms

• The language of the present Terms and Conditions is English.

• For the convenience of the IBs, Tickmill may provide the Terms and Conditions in any other language than English. The translated version of the Terms and Conditions is for information purposes only and is not legally binding.

• If there is any conflict or inconsistency between the English and the translated version of the Terms and Conditions, the English shall be the governing and prevailing version.

• Tickmill reserves the right to disqualify any participant of the Contest, if there is a suspicion of misuse or abuse.

• Tickmill reserves the right to change the Terms of the Contest or cancel it at any time without prior notice.