Just guess the price of the next week, and earn 1,000 USD!
Trading Contest Details
|Available to||Both New & Existing Clients|
|to Participate||Sign up & Verify Phone Number|
- LMFX “Crystal Ball” Contest – Predict it and Win it
- LMFX Price Prediction Contest Information
- Cash Prizes of LMFX’s Crystal Ball Contest
- How to participate in LMFX’s Price Prediction Contest?
- Fund Withdrawal Condition of LMFX’s “Crystal Ball” Contest
- FAQ’s of LMFX’s “Crystal Ball” Contest
- Terms and Conditions of LMFX’s “Crystal Ball” Contest
LMFX “Crystal Ball” Contest – Predict it and Win it
The principle of the Crystal Ball Contest is to predict the most accurate future exchange rate of the currency
pair chosen by LMFX and communicated via LMFXconnect or via an SMS message.
The three closest clients to the closing price will be awarded the first, second and third prize accordingly as
per their predictions proximity to the closing price.
This prizes can be used for trading activities only and cannot be withdrawn.
The Crystal Ball Contest will be run regularly and weekly.
LMFX Price Prediction Contest Information
Here are the main information of LMFX’s price prediction contest “Crystal Ball”.
|Contest Type||Price Prediction|
|Requirement to join||Mobile Number Verification|
|Prize Amount||1750 USD shared with 3 winners|
|Withdrawal of Prize Amount||Not available|
|Contest Duration||1 week|
|Deposit & Trading Requirement||None|
Every trader of LMFX can participate in the contest for free.
All you need to do is to predict the price of the exchange rate.
Cash Prizes of LMFX’s Crystal Ball Contest
Every week, there will be 3 winners who can claim the cash rewards.
The 3 participants with the closest predicted numbers will win from the 1750 USD cash prize pool.
|Contest Ranking||Cash Prizes (Verified Mobile Number)||Cash Prizes (Non-verified Mobile Number)|
|1st||1000 USD||500 USD|
|2nd||500 USD||250 USD|
|3rd||250 USD||125 USD|
The prize funds are distributed to the winner’s live trading accounts within 24 hours of the notification and will only be applied to a
no-bonus type trading account.
How to participate in LMFX’s Price Prediction Contest?
To signup for LMFX’s service and participate in LMFX’s “Crystal Ball” price prediction contest, follow the steps below.
1. Signup and Register for LMFX online
Go to LMFX’s online registration page and signup for free.
During the process, you may need to open a trading account.
2. Verify your Phone Number in LMFXConnect
To participate in the contest, you must verify the mobile telephone number in the LMFXconnect.
After verifying the phone number, you will receive the SMS notifying about the forthcoming contest on Monday.
The SMS will also include a unique number code, to participate in the contest.
3. Guess the price of the specified financial instrument
You can guess the future exchange rate of the specified product from Monday 12:00 to Wednesday 23:59 Company’s server time.
If you haven’t verified your number, you can also submit via the LMFXconnect account.
The estimates closest to the closing price will be ranked accordingly.
Fund Withdrawal Condition of LMFX’s “Crystal Ball” Contest
The cash prizes are not available for withdrawal, but are available only for trading purpose.
The cash prize fund can be lost by trading, and you can withdraw profits made by trading with the cash prize fund at anytime.
Note that any fund withdrawals from the trading account with cash prize, will cause full cancellation of the prize amount from the account.
FAQ’s of LMFX’s “Crystal Ball” Contest
Here are the frequently asked questions regarding to LMFX’s price prediction contest “Crystal Ball”.
- Who can participate in the contest?
- All traders of LMFX can participate in the contest
- What is the requirement to participate in the contest?
- The only requirement to claim the full prize amount is mobile phone verification. Traders can also participate without verifying the phone numbers.
- Can I withdraw the prize fund?
- No, all the prize funds are available only for trading purpose. You can withdraw your profit at anytime, which is made by trading with the prize fund.
- Can I predict several prices for the same contest round?
- No, you can guess only one price per round. Participating with multiple false contacts will disqualify you from the contest.
Do you have any other questions about the contest of LMFX’s service?
Contact their multilingual support team from the LMFX Official Website.
Terms and Conditions of LMFX’s “Crystal Ball” Contest
Here are the terms and conditions of LMFX’s “Crystal Ball” contest.
Before confirming your participation in the contest, make sure that you know the rules of the contest.
- The contest is available for all traders of LMFX, including both new and existing traders.
- To be eligible to participate in the contest, you must have verified the mobile telephone number in the LMFXConnect.
- For the coming contest details, the eligible clients will receive details via SMS on Monday.
- The contest details sent to the eligible clients will contain unique code for each participant.
- The registration to the contest by guessing the price can be done only from Monday 12:00 to Wednesday 23:59 Company’s server time.
- If you haven’t verified the phone number, you can participate in the LMFXconnect from Monday 12:00 and Wednesday 12:00 Company’s server time.
- The winners of the contest will be chosen according to the price of the currency pairs on Monday.
- The 3 participants with the closest estimates win the cash prizes according to the table above.
- The winners with verified mobile numbers win the doubled amount comparing to the ones who haven’t verified the mobile numbers.
- The cash prize amount will be credited into the winners’ live trading accounts within 24 hours of the announcement.
- The cash prizes are available only for trading purpose, and cannot be withdrawn in any cases.
- Any fund withdrawals from the account with cash prizes, will cause full cancellation of the cash prize amount.
- The cash prizes can only be credited into the account with no bonuses.
- The Company will cover the usual costs of sending an SMS to the Client.
- Participation in the Crystal Ball Contest is not allowed for persons under the age of 18 or otherwise under the
legal age in their country of residence (minors).