LiteForex Contest

Task:

trade on a demo account by use of any available trading tools.

Winner:

ten participants showing the most effective trading over the contest period will be considered as the winners.

Ranking Nickname Account number Balance Date of registration
1 swodd 10000 2016.11.30
2 KingHenry 10000 2016.12.01
3 DFX 10000 2016.11.30
4 givemehigh 10000 2016.12.01
5 amranmohd 10000 2016.12.01
6 GUTI77 10000 2016.12.01
7 fatmawati 10000 2016.12.01
8 pkagira1 10000 2016.12.02
9 psdwn 10000 2016.12.01
10 Trader 10000 2016.12.01
11 Tokitaka 10000 2016.11.30
12 Mbahforex 10000 2016.11.30
13 Cilukba 10000 2016.12.02
14 Khariton 10000 2016.11.30
15 viloma 10000 2016.12.01
16 aswer1001 10000 2016.11.30
  • 1. Registration, participation terms, contest period
  • 1.1. The contest is held every week on Wednesdays from 00:00:01 to 23:59:59 according to the server time (GMT+2, indicated in the platform).
  • 1.2. All participants commit themselves to provide true information when registering for the contest.
  • 1.3. By registering for the contest, a participant admits all restrictions and rules applicable for the contest. Should the contest rules be violated, the Organiser reserves the right of disqualifying a participant in the course of the contest.
  • 1.4. In case either attempts of entering the contest from several trading accounts/profiles or the fact of using anonymizers are found out, a participant will be disqualified.
  • 1.5. In order to participate in the LiteForex Fighting (demo) contest, a client needs to fully verify his/her Personal Profile and register in the contest on the company's website or in the Client's Profile.
  • 1.6. A client needs to indicate his e-mail address (login from the Client’s Cabinet), UID (unique identification number of the client profile*), and a nickname that will be displayed in the rating of the LiteForex Fighting (demo) contest by filling in the respective fields of the registration form.
    *The unique identification number of the Client’s profile (UID) is shown on every page of the Client’s Cabinet just next to your name, after two colons (example).
  • 1.7. Any holder of a Profile in LiteForex Investment Limited has the right to participate in the contest LiteForex Fighting (demo) once a week. An individual may register for each current contest only once. Any client may participate in the contest no more than 5 (five) times.
  • 1.8. After the registration form is filled in, a contest demo-account with a unique login number and password will be opened for a participant. These details will be sent to the email-address indicated when registering for the contest.
  • 1.9. The registration for a new contest stage is open as soon as the previous contest stage starts.
  • 2. Terms of trading
  • 2.1. Type of account: demo.
  • 2.2. Initial deposit: 10000 (the same for all participants).
  • 2.3. Leverage: 1:500.
  • 2.4. Stop Out level: 20%.
  • 2.5. Trading tools: any tool provided by LiteForex group of companies.
    Note: due to non-market USDCNY quotes, trading the USDCNY will be reckoned as invalid and such trades will serve as a reason for disqualifying the contest account. Trading the USDCNY in demo contests will not be available in future.
  • 2.6. A participant may use trading experts and trading strategies without any restrictions provided that the terms of LiteForex’s effective regulations are respected.
  • 2.7. All transactions must be closed before the contest finishes. Should there be any open transactions at the moment when the context finishes, they will be automatically closed at a current price by the organiser. The presence of open transactions at the moment when the contest or the session ends doesn’t give cause for disqualifying.
  • 2.8. Other terms of trading on contest demo accounts correspond to the terms of trading on real trading accounts in accordance with LiteForex’s regulations.
  • 2.9. LiteForex Group of Companies reserves the right to refuse in registration and disqualify the participant without explanations. The reasons for disqualification can be the following:
    • breach or violation of the rules of the contest;
    • breach or violation of public offer agreement– «Terms of use» and «Agreement on Quoting System and Transactions Procedure»;
    • registration of several contest accounts by 1 client or creating several clien't profiles by one individual;
    • big volume locked orders opened on different trading accounts approximately at the same time on the same currency pairs;
    • big volume locked orders opened on different trading accounts approximately at the same time on the same currency pairs;
    • detecting brief trades on contest account with duration of less than 2 minutes.
  • 3. Winners and prizes
  • 3.1. The first 10 participants who have reached the highest balance value by the end of the contest will be considered as winners of the LiteForex Fighting demo-contest. The final results will be formed within 2 working days after the end of the contest, as soon as they are checked by the security department.
  • 3.2. Only those participants who have been actively trading during the contest period and have increased their initial deposits without breaking the contest rules can be regarded as winners.
  • 3.3. The Participants who have gained prize-winning places from the first to the tenth according to the paragraph 3.1 receive money on their LiteForex Real trading account; depending on the place, sums vary as follows:
  • Rank Prize amount $
    1 100$
    2 70$
    3 50$
    4 40$
    5 30$
    6 20$
    7 15$
    8 10$
    9 10$
    10 10$
  • 3.4. In case 2 participants have got the same balance amount by the end of the contest, the decision about the distribution of places will be made by LiteForex group of companies.
  • 3.5. Any participant taking prize-winning places according to the final results needs to open a trading account, fully verify Client's Profile in accordance with the requirements of LiteForex Investment Limited and send to contest-demo@liteforex.com a letter containing the following:
    • The name of the contest - LiteForex Fighting (demo);
    • The login and password of the contest demo-account;
    • The number of the real account opened in the name of a contest participant, the type of account and the deposit currency for prize funds to be credited*;
    • The email-address indicated when registering.
  • * The prize cannot be credited to the account participating in the system of spread refund MultiRebate. When specifying such an account in the application, it will be automatically disconnected from the system after receiving the prize.
  • 3.6. LiteForex group of companies reserves the right to request any additional information regarding the participant’s identity when crediting a prize.
  • 3.7. A participant awarded with a prize may not demand that the prize amount be credited to third parties’ accounts.
  • 3.8. Prize funds are credited to a client’s real account opened within three working days after the request has been sent. (p. 3.5)
  • 3.9. Prize funds can be freely used in trading and withdrawn as soon as they are deposited in the winner’s real trading account. Any profit made by use of bonus funds may be withdrawn from the account without any delays.
  • 3.10. LiteForex Group of companies reserves the right to refuse to credit the price if there was detected the violation of the rules, the price won't be also credited if the winner refuses to verify his profile fully or to provide any additional identity data, according to the paragragh 3.6.
  • 3.11 LiteForex group of companies has the right to change the promotion terms anytime, without special notification.
  • 3.12 Winners are invited to participate in LiteForex’s advertising and marketing actions such as interviews, photo- and video-reportages, and press releases concerning the contest. At the same time LiteForex commits itself not to divulge winner’s private information (including name and surname) without winner’s consent. Should a winner refuse to participate in these actions, LiteForex group of companies reserves the right to disqualify the winner and award the prize to the participant occupying the next place in the final rating.
Ranking Nickname Account number Balance Date of registration
The contest was held from 2016.11.30 00:00 till 2016.11.30 23:59

These contest results are not final; they are being checked by the bonus department (the check takes up 24 working hours after the end of the contest).

1 DeolaMary 104627.44 2016.11.29
2 jarangoyang 93880 2016.11.29
3 good 73846.02 2016.11.24
4 hoaxtrader 72000 2016.11.29
5 cleric 65686 2016.11.29
6 Foxksi 51839.24 2016.11.29
7 dmitro 46350 2016.11.25
8 suwarni 40560 2016.11.27
9 minoo02 20577.6 2016.11.28
10 ayu 12268 2016.11.27
11 inyoman 10000 2016.11.27
12 julti 10000 2016.11.27
13 donat cibening 10000 2016.11.29
14 Eko Novianto 10000 2016.11.27
15 verdeleone-1921 10000 2016.11.23
16 YuryK 10000 2016.11.25
17 mfxsoul 10000 2016.11.29
18 mfxsoul 10000 2016.11.29
19 cleric 10000 2016.11.29
20 Tukangtodong 10000 2016.11.29