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FIXI Markets Forex Contest FIXI Trading Cup

Prize places
trophy 11
Prize pool
dollar sack $7,500
clock Contest Starts
Jul 01, 2018, 09:00 AM
clock Contest Ends
Jul 27, 2018, 09:00 AM
clock registrations
1411 *Reģistrācija beigusies
The contest has ended.
Contest registration
Competition Rules

 

FIXI Trading Cup Terms and Conditions

 

Competition Overview:

· FIXI Trading Cup is a trading competition (“the competition”) arranged by FIXI Markets (“the company”).

 

· The competition running period:

Trading will commence on July 1st, 2018 10:00 PM GMT+1 and will end on July 27th, 2018 10:00 PM GMT+1. Trading will be disabled until the competition starts.

 

· The competition registration period:

Registration for the competition will start on June 15th 00:01 GMT+1 2018 and will end on June 27th, 2018 23:59 GMT+1.

· Prize pool for the competition is 7 500 USD

 

The distribution of prizes is the following:

· 1st place is awarded with 3000 USD
· 2nd place is awarded with 1300 USD
· 3rd place is awarded with 1000 USD
· 4th place is awarded with 450 USD
· 5th place is awarded with 400 USD
· 6th place is awarded with 350 USD
· 7th place is awarded with 300 USD
· 8th place is awarded with 250 USD
· 9th place is awarded with 200 USD
· 10th place is awarded with 150 USD
· 11th place is awarded with 100 USD

 

Participation Eligibility:

· The competition participants must be of legal age (18 or above).
· The competition participant must be able to open a live account with FIXI Markets. Such account will be governed by the Terms and Policies set by FIXI Markets for the live account registration.
· A person is allowed to register only one demo competition account with which person can participate in the competition.
· Each participant agrees to provide accurate data while registering an account. Providing fake information will result in disqualification from the competition at any stage.
· FIXI Markets reserves the right to reject or disqualify any participant who in FIXI Market’s sole discretion is seen to be engaged in fraudulent activity or unfair trading practices including but not limited to: Any kind of IP match between two or more participants shall be grounds for disqualification

 

Competition Trading Terms
· Each competition account shall have the same trading conditions:
· All Participants will have same account type: FIXI Markets’ MetaTrader 4 Demo
· All participants will have the same leverage: 1:100
· Demo notional deposit granted by FIXI Markets for each participant will be 10,000 USD *

Any profits earned in trading in the Demo account have no cash value and is solely used for the competition purposes and the accountholder is not entitled to any claim this notional profit from FIXI PLC

*As a Participant you can increase the initial notional deposit granted by FIXI Markets this simple way:
1) Share the link of the competition page during the registration period
in a public post on your private social media profiles: Facebook, Instagram, Twitter or VK. You can either do it by clicking on the preferred social media button below or by sharing this link:
www.fiximarkets.com/trading-competitions/fixi-trading-cup-july-2018/utm...
2) Tag up to maximum 10 friends to whom you would recommend participating in FIXI Trading Cup in this post. For each tagged friend you will get additional 50 USD deposited to your competition account's notional balance.
3) The post should include 2 hashtags: one is the hashtag of the contest - #FIXICup and the other one is a hashtag of your nickname under which you registered for the competition. For example, if your registered under the nickname “TradingKing”, then the second hashtag has to be #TradingKing.
4) Send the link of the post to our email [email protected] with the words "FIXI Cup Bonus" in a subject line.
You are allowed to claim the additional funds only once and your initial notional deposit can go up to maximum of 10,500 USD.

FIXI Markets will check all emails on the Facebook, Instagram, Twitter and VK activity for #FIXICup hashtag after the registration period ends but before the start of the compeition and allocate up to 500 USD of additional notional funds to the registered demo competition account of the person who can be identified by his nickname and met the aforementioned criteria.
· Minimum volume to be traded during the competition is 0.01 lot.
· Maximum volume to be traded during the competition is 10 000 lots.
· Minimal step size during the competition is - 0.01 lot.
· Maximum number of open positions/pending orders during the competition is - 200.
· Competition statistics and leaderboard shall be available at FIXI Markets website.

 

Winner Determination and Prize Taking:
· On the competition finish date all the open orders shall be automatically closed at the current market rates.
· The participants with the highest percentage return on the initial notional equity balance who also meet all other conditions set herein shall be announced as winners by FIXI Markets.
· In case two or more participants of the competition will have equal percentage return on the initial balances at the end of the competition, the prize will be shared among them equally.
· The competition results will be revealed during the month after the competition finishes and all checking procedures are completed.
· To receive the prize each participant must be able to open a live account with FIXI Markets. Such account will be governed by the Terms and Policies set by FIXI Markets for the live account registration.
· The prize is allocated to the winner's live account with FIXI Markets within 30 calendar days of the announcement of the winner of the competition.
· In case the winner is unable to open a live account within 30 calendar days after being announced as a winner he/she shall be disqualified.
· In order for the winner to withdraw the funds from his/her FIXI Markets live account, the winner shall trade minimum amount of lots as stipulated below on his/her live account as follows:

Wining Position Sum Awarded on Live Account for the Winning Position

Minimum Amount of Lots to be traded with the awarded prize since the prize amount is deposited on the Live account

 

First Place 3000 USD 20 Lots
Second Place 1300 USD 15 Lots
Third Place 1000 USD 10 Lots
Fourth Place 450 USD 5 Lots
Fifth Place 400 USD 5 Lots
Sixth Place 350 USD 3 Lots
Seventh Place 300 USD 2 Lots

Eighth Place

 

250 USD 2 Lots
Ninth Place 200 USD 1 Lot
Tenth Place 150 USD 1 Lot
Eleventh Place 100 USD 1 Lot

 

It is not allowed to use Expert Advisor while trying to meet the necessary criterion for claiming the prize and such activity would be considered as the breach of the competition rules, FIXI Markets reserves the right to disqualify such contestant at any stage of the competition.

· After meeting these criterion, the winner is allowed to withdraw a full amount available on his/her account.
· Withdrawal of the funds generated by winning the competition and meeting the required criterion is available by Skrill, Neteller or via Bank Transfer. All withdrawal methods are subject to KYC and Due Diligence procedures set by the FCA.

 

Notifications and Disclaimers:

· Each participant can win any prize in FIXI Markets’ demo competition BullsEye only once per year.
· Disqualified participants will be banned from taking part in the competitions organised by FIXI PLC, for a year.
· The competition and prizes offered by FIXI Markets should not be considered as an incentive to trade.
· Only take part in the trading competition when you feel you are ready to trade.
· Trading via Expert Advisors during the competition is not allowed. FIXI Markets reserves the right to disqualify contestants engaged in such activities.
· Trading via Expert Advisors during the competition is not allowed. FIXI Markets reserves the right to disqualify contestants engaged in such activities.
· By registering for the competition, each participant agrees that some of his/her registration data (including but not limited to country of residence) will be published at www.fiximarkets.com company’s official page and on pages of its authorised representatives. As well as the company's official Social Media pages.
· Participants who would not be eligible to open approved live account with FIXI Markets will be disqualified and the company reserves the right to withhold the award and name different winner.
· In all cases when the announced winners do not already have an approved live account with FIXI Markets, the company reserves the right to request additional information and documents in order to open such account as per the trading Account Opening procedures of the company.
· In case discrepancies are found in the data and documents provided by the winner at the time of registration for the competition, or at the time of opening live trading account, the winner shall be disqualified.
· 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.
· By registering for the competition participant confirms that he/she has read, understands and accepts FIXI Market's FIXI Trading Cup Terms and Conditions and agrees to abide.
· By registering for the competition the participant agrees that FIXI Markets or its authorized agents may contact him/her via e-mail or phone for the purposes of the competition and/or explanation of its products and services up to two months from the date of registration.
· Please note that trading conditions such as but not limited to execution speed, may differ between FIXI Markets Demo Competition Account and FIXI Markets live account.
By submitting the application for the registration, participant verifies that the information provided in the participants application is true, complete and accurate, and there is no reason why FIXI PLC should not maintain participants account as applied.
· The competition is not addressed to residents and citizens of USA, Canada, Iran, Iraq, Syria, Lebanon, Liberia, Libya, Somalia, Burma, Eritrea, Sudan, Zimbabwe, Democratic Republic of the Congo, Republic of North Korea, Former Federal Republic of Yugoslavia, as they will not be able to open live accounts with FIXI Markets as per the firm policy and will be disqualified.

 

 

Trading Rules
Contents and prizes offered should not be considered as an incentive to trade. Only partake in the trading contests when you feel you ready to trade.