Terms and Conditions of the Competition
Basic Competition Information
Participation is free and open to everyone.
The competition runs from April 7, 2025, at 7:00 AM UTC to May 2, 2025, at 7:00 PM UTC.
Broker Requirements
The competition is exclusively held with IC Markets.
Participants must use a DEMO account under identical conditions.
The account must be on the MT4 platform, with a $10,000 balance, 1:30 leverage, and a RAW Spread account type.
Trading is allowed with all instruments offered by the broker.
Competition Rules and Requirements
You are NOT allowed to trade indices and crypto; only FX pairs, including gold and silver, are permitted from Monday to Friday.
Each participant must choose a unique account name, which will be listed on a Google Sheet for leaderbord purposes.
All strategies, Expert Advisors (EAs), and indicators are allowed.
Abusive practices (e.g., price manipulation or exploiting broker errors) are strictly prohibited.
Rankings are based on the percentage increase in capital.
Participants must trade for a minimum of 5 days out of 30.
Result Monitoring and Verification
Results will be publicly updated every few days with help of Google Sheet in FREE Telegram group.
The organizer reserves the right to verify accounts and disqualify participants in case of irregularities.
Participants must be prepared to share their trading journal (link to FX Blue account) for verification purposes.
Prize Distribution and Payments
Prizes will be distributed within 14 days after the competition ends.
Fair Play and Disqualification Rules
The organizer has the right to disqualify any participant who violates the rules or attempts to manipulate the results.
All decisions made by the organizer are final and non-negotiable.
Participation Agreement and Responsibilities
By registering for the competition, participants agree to the following terms:
They understand that Forex trading involves risks and may lead to financial losses.
They agree to trade fairly and refrain from unethical practices.
The organizer is not responsible for technical issues with the broker or any financial losses.
Participants consent to their results being publicly shared.
In case of disputes, the organizer’s decision is final.
By participating in the competition, participants confirm their agreement with the rules and acknowledge the risks associated with Forex trading.
Contact Information
For inquiries or concerns regarding the competition or personal information, please contact us at info@jkxtrading.com.