InstaForex FX-1 Rally Contest - $1,500 Prize Pool
- Trading Contests Type: ; Demo Trading Contests
- Contest Period: Weekly
- Available to: All Traders of InstaForex
- To Participate: Register for the contest and Get an initial deposit of $40,000
- Prizes: $1,500 Prize Pool
You will see your nickname in the list of FX-1 Rally participants within a couple of hours after the registration. If you have any questions about contests held by InstaForex Company, send an email to the Contest and Campaign Administration: [email protected]
The contest has not started yet, you can register for a competition beginning on 00:00 February 5, 2021 and finishing on 23:59 February 5, 2021.* Registration for the next competition finishes 1 hour before the contest starts.
- Start – 00:00 February 5, 2021
- End – 23:59 February 5, 2021
- Duration – Weekly
- You can register for the next weekly contest during the week preceding it. Registration finishes 1 (one) hour before the contest starts.
The prize pool of each contest step equals USD 1500 and is distributed among the winners according to the following principles:
- 2 place - USD 400;
- 3 place - USD 300;
- 4 place - USD 200;
- 5 place - USD 100.
Prizes cannot be withdrawn, however, profit made over the prize amount can be withdrawn without any restrictions..
How to participate
- Register for the contest
- Get an initial deposit of $40,000
- Make transactions with a leverage of 1:500
- Choose a trade size from 0.01 to 10 lots
- Win together with InstaForex
1. Trades are automatically closed at current rates during 10 minutes after the end of the Contest. Participants accept the fact that closing prices may vary due to several minutes difference at closing. Swaps accrued are also taken into consideration at determining the winners.
2. After the Contest end the Participants with the highest deposits will be announced as winners.
3. In case two Participants deposited the same amount, the Organizer shall decide which place each of them will take.
4. The Contest Participants agree with publishing their full names.
5. The Participant is not entitled to obtain two prizes per month. In case the Participant takes a prize place more than once a month, his account drops out of the Contest and the range of prizes shifts down starting from his place.
6. In order to obtain a prize, each winner shall fulfill the following requirement: at least 5% of the total profit has to be derived from trading results on GBPUSD and 5% of the total profit from trading results on GBPJPY.
7. The Organizer reserves the right to decline the Participants registration request without reasoning and disqualify the Participant, either during the Contest or after it has finished, upon direct or indirect evidence of attempted fraudulent operations with the prize funds.
8. The Company reserves the right to decline to credit the prize money if the Participant accumulates the prizes on one or several accounts.
Terms and Condition
- Free participation
- The contest is weekly, from 00:00 Monday to 23:59 Friday
- You can register for the next weekly contest all through the week preceding it. Registration finishes 1 (one) hour before the contest starts
- Initial deposit of $40,000 is equal for all participants and cannot be changed
- Leverage is 1:500
- The prize pool of each weekly contest amounts to $1,500
- The minimum trade size is 0.01 lot, the maximum is 10 lots
- The contest results are summed up at 12:00 GMT+3 on Saturday