LiteForex Investments Limited (Marshall Islands)

TOP10FOREX

Prize fund
$ 2180
Number of prize places
10
Number of participants
Contest days
  • Mon.
  • Tue.
  • Wed.
  • Thu.
  • Fri.
  • Sat.
  • Sun.
Contest status Registration in progress
Start 0:00, 21 August 2017
End 23:59, 25 August 2017

Task:

make profitable transactions on a demo account by use of currency pairs available in the trading terminal.

Winner:

the first 10 traders with the highest balance value will be the contest winners. The monthly contest prize amounts to $2 500.

REGISTRATION FOR THE LF TOP10FOREX CONTEST
  • Current rating
  • Conditions
  • RESULTS OF THE PREVIOUS CONTEST

Current contest | 0:00, 21 August 2017

Ranking Nickname Account number Balance Registration date
1
Vitya
1002756608 10000 2017.08.15
2
konsa08
1002756864 10000 2017.08.15
3
Kaybee
1002758144 10000 2017.08.18
4
dodol13
1002756865 10000 2017.08.15
5
Kaybee
1002758145 10000 2017.08.18
6
seregey
1002756354 10000 2017.08.14
7
kamel83
1002757122 10000 2017.08.16
8
GESHA
1002757634 10000 2017.08.17
9
DemoOmopo
1002758146 10000 2017.08.18
10
bbb2014
1002757379 10000 2017.08.17
11
Follyb
1002758147 10000 2017.08.18
12
ammaa
1002757380 10000 2017.08.17
13
KaiserJG
1002757636 10000 2017.08.17
14
Itaobro
1002758148 10000 2017.08.18
15
Love
1002756869 10000 2017.08.15
16
Teemy
1002757637 10000 2017.08.17
17
Ajala
1002758149 10000 2017.08.18
18
DeKKO
1002757126 10000 2017.08.16
19
Larryk
1002758150 10000 2017.08.18
20
solomo
1002757383 10000 2017.08.17

Terms and conditions

  • 1. Registration, participation terms, contest period
  • 1.1. The Top10Forex demo contest is held every week, from 00:00:01, Monday to 23:59:59, Friday (according to the server time GMT+2, indicated in your trading terminal).
  • 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 Top10Forex (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 Top10Forex 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 LiteForex’s account holder may participate in the LiteForex Top10Forex (demo) contest once a week. One individual may register for each current contest only once.
  • 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. Margin Call Level equals 50%; Stop Out Level equals 20%.
  • 2.5. Trading instruments are MAJOR CURRENCY PAIRS and MAJOR CURRENCY CROSS PAIRS.
    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. The participant may use any trading advisors and strategies that don’t contradict LiteForex’s Regulations.
  • 2.7. All trading orders opened at nonmarket price will be cancelled..
  • 2.8. 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.
  • 2.9. Other terms of trading on contest demo accounts correspond to the terms of trading on real trading accounts in accordance with LiteForex’s regulations.
  • 2.10. LiteForex reserves the right to refuse permission to register for the contest or to disqualify a participant without giving explanation. The reasons for disqualification are the following:
    • Violation or non-observance of the contest rules;
    • Violation or non-observance of the Public Offer Agreement and Agreement on Quoting System and Transactions Procedure;
    • Registration of several contest accounts by the same physical person or  the presence of several client profiles belonging to the same physical person;
    • Opening counter transactions of big amounts on the same currency pairs on different accounts and at the same time approximately;
    • Use of quotes flow failures to make guaranteed profits;
    • Presence of contest transactions, including lock trades, whose duration is less than 2 minutes;
    • Ascertainment or suspicion that a Participant has committed any kind of fraudulent action for being listed among the winners.
  • 3. Winners and prizes
  • 3.1. The 10 participants who have reached the highest balance value by the end of the contest will be considered as winners. 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. Those participants, who get prize-winning places from the first to the tenth in accordance with item 3.1 will receive money on their live accounts in the section "Credit". Depending on the place, the sums vary as follows:
  • Rank Prize, $
    1 150$
    2 100$
    3 70$
    4 60$
    5 50$
    6 40$
    7 30$
    8 20$
    9 15$
    10 10$
  • 3.4. In case 2 participants have got the same balance amount by the end of the Top10Forex (demo) 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 - Top10Forex (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 Pips Back. When specifying such an account in the application, it will be automatically disconnected from the system after receiving the prize.
  • 3.6. LiteForex 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 credit funds can be used in trading right after they have been paid into a winner’s trading account. If profits made from using bonus funds have been withdrawn, all prize credit funds shall be deducted regardless of the payment date.
  • 3.10. LiteForex has the right to refuse the prize without giving explanations or in the following cases: if there is a suspicion of rules violation or if the winner has refused to verify his profile and provide additional information regarding his identity, according to the paragraph 3.6.
  • 3.10. LiteForex has the right to change the contest terms at any time, 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 reserves the right to disqualify the winner and award the prize to the participant occupying the next place in the final rating.

Results

The contest was held from 2017.08.14 00:00 till 2017.08.18 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).

Ranking Nickname Account number Balance Registration date Prize sum
1
Chisco
1002755040 300453.19 2017.08.10 $ 150
2
Follyb
1002756027 281672.19 2017.08.13 $ 100
3
puji
1002755398 240169.12 2017.08.11 $ 70
4
ODfx
1002754503 212892.29 2017.08.09 $ 60
5
mikh
1002755015 206316.81 2017.08.10 $ 50
6
kaktys
1002755497 187812.1 2017.08.11 $ 40
7
wijethunga
1002755435 183963.39 2017.08.11 $ 30
8
alex701
1002755845 144587.2 2017.08.13 $ 20
9
suryo
1002755392 129724.26 2017.08.11 $ 15
10
Prabath
1002755138 104667.69 2017.08.11 $ 10
11
cetikcetik
1002755097 85631.51 2017.08.11
12
Dorsey
1002754520 69461.67 2017.08.09
13
oksy-princess
1002754552 52469.39 2017.08.09
14
lyvich
1002755880 48739.99 2017.08.13
15
Walata
1002756151 43711.59 2017.08.13
16
AndreoO
1002756084 32036.4 2017.08.13
17
rifki
1002754922 31560.83 2017.08.10
18
yunus
1002754925 31519.02 2017.08.10
19
siswothok
1002755395 31477.19 2017.08.11
20
efendi
1002754936 31435.37 2017.08.10
*The contest results are not final and are being checked by the safety department (the check does not take up more than 2 business days following the end of the contest).
Service available only for clients of LiteForex Investments Limited (Marshall Islands).
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