How to participate in LiteForex’s Draw Draw to win from $350,000 worth of prizes?
Trading Contest Details
From May 1, 2020to May 3, 2021
|Entry Period||From May 1, 2020to May 3, 2021|
|Available to||All traders of LiteForex|
|Registration open||May 1, 2020|
|to Participate||Open a live trading account with LiteForex, Deposit at least 500 USD.|
|Prizes||$350,000 Worth Prizes|
- LiteForex $350,000 Lucky Draw Information
- What is LiteForex’s $350,000 Lucky Draw?
- Prizes of LiteForex’s $350,000 Lucky Draw
- How to join in LiteForex’s $350,000 Lucky Draw
- How winners of Dream Draw are chosen
- Trading Volume Requirement for Lucky Tickets
- Example of trading volume calculation
LiteForex $350,000 Lucky Draw Information
See the table below for the main information of LiteForex’s $350,000 Lucky Draw promotion.
|Promotion Type||Lucky Draw (Raffle)|
|Raffle Prize||$350,000 worth of prizes|
|Number of Winners||20|
|Promotion Period||From May 5th 2020 to May 3rd 2021|
|Minimum Deposit Requirement||500 USD|
|Trading Volume Requirement||10 standard lots|
|Cost of Participation||None|
All traders of LiteForex can participate in this Dream Draw for free and win gorgeous prizes.
Open a live trading account with LiteForex, trade the required lots to participate in this lucky draw.
What is LiteForex’s $350,000 Lucky Draw?
LiteForex is famous for its huge draws with magnificent prizes.
LiteForex holds them often so that traders from all around the world could take even more from their trading. But this time, it’s something really special.
This time, the prizes are worth $350,000.
20 winners will participate in the final draw which will be held in Dubai.
LiteForex Dream Draw will be held in the period from 05.05.2020 to 03.05.2021.
Every client automatically participates in the Draw if he/she makes a deposit of $500 or more to his/her ECN or CLASSIC trading account during the period of the promo.
Every three months 5 luckiest participants will be determined using a transparent market algorithm.
20 winners will go to the gala dinner hosted by the company in Dubai, where the prize draw will be held.
Prizes of LiteForex’s $350,000 Lucky Draw
LiteForex celebrates 15 years. Wishing to express LiteForex’s loyalty to all clients, LiteForex announces the biggest draw the company has ever held.
LiteForex will be giving away gorgeous gifts and rewards with this lucky draw.
The total prize fund is worth $350,000.
Here are the prizes of LiteForex Dream Draw:
- One certificate for your DREAM HOUSE worth up to $250 000 anywhere in the world
- One certificate for your $60 000 DREAM CAR
- Two iMac Pro workstations
- Three MacBooks Pro 16
- Three MacBooks Pro 13
- Three MacBooks Air
- Three iPhones 11 Pro Max
- Four iPhones 11 Pro
To earn the chance to win the above prizes, you only need to deposit at least 500 USD and trade 10 standard lots.
You haven’t opened an account with LitForex yet? Visit LiteForex Official Website and find out more about their service and promotion today.
How to join in LiteForex’s $350,000 Lucky Draw?
Follow the steps below to join LiteForex’s Dream Draw to win from $350,000 prizes.
- Open an account with LiteForex or use your current one
You don’t have an account with LiteForex yet? Go to LiteForex’s account opening page to start your registration for free.
- Get a lucky ticket automatically for each deposit of 500 USD or more
You will get a ticket for the dream draw for each 500 USD of deposit you make, which means that if you deposit 5000 USD, you will receive 10 lucky tickets and the chance to win the prizes is increased.
- Trade at least 10 lots after deposit
To activate your lucky tickets for the draw, you need to 10 standard lots for each ticket. There are certain rules in terms of this requirement. For more information, go to the last section of this page.
- Check if your ticket wins on the raffle days
There are 4 stages when the winners of the dream draw will be chosen randomly by LiteForex.
- Travel to Dubai and claim your prize at a gala dinner with LiteForex
There are so many gorgeous prizes you can get by winning this promotion. you can even win a house and a car!
The promotion is held May 5, 2020 through May 3, 2021.
All registered and verified LiteForex clients are eligible to participate in the promotion.
How winners of Dream Draw are chosen
20 winners will be selected in 4 stages according to the schedule using a transparent algorithm, which will form winning numbers.
Schedule of the draw stages:
- Stage 1: August 3, 2020 from 10:00, the first five winners will be determined one by one every 15 minutes;
- Stage 2: November 2, 2020 from 10:00, the next five winners will be determined one by one every 15 minutes;
- Stage 3: February 1, 2021 from 10:00, the next five winners will be determined one by one every 15 minutes;
- Stage 4: May 3, 2021 from 10:00, the last five winners will be determined one by one every 15 minutes.
The schedule uses the server time, which is displayed in the LiteForex trading terminal.
Trading Volume Requirement for Lucky Tickets
The participant number assigned to each registration deposit can become a winner only if the completed trading volume of closed positions is at least 10 trading lots, after this registration deposit appears in the account.
When calculating the total volume of closed positions, please note that:
- a coefficient of 0.01 is applied to CFDs on stocks, cryptocurrencies and stock indices, a coefficient of 0.1 is applied to oil;
- deleted and cancelled pending orders are not taken into account;
- locked positions are not taken into account;
- positions with profit (loss) less than 30 points are not taken into account.
- trades made before the registration deposit appears in the account are not considered
- only the volume traded using the client’s own funds (minus credit funds) is taken into account.
Example of trading volume calculation
The client made 5 deposits of $500 or more each.
This means that in order to participate in the draw, this client must trade at least 10 lots after each deposit in the account where the deposit was made.
Therefore, in order to get 5 chances in the draw, the total volume of lots must be 50.
In this case the chances of this client to get a prize are 5 times higher than those of a participant with one deposit of $500 and 10 traded lots.
If a participant withdraws the registration deposit or part of it before the minimum traded volume requirement is met, then the unique number of the participant assigned to this deposit will not participate in this drawing.
Profit can be withdrawn without any restrictions.
If the lucky number is the unique number of the participant that has not met the minimum trading volume requirements for this deposit, then this participant is not recognized as the winner, and the winner draw shall be repeated according to the schedule.
For more information about “LiteForex $350,000 Lucky Draw”, please visit LiteForex Official Website.