Join this live trading contest with MT4 or MT5 accounts and Win the luxury prizes!
Trading Contest Details
From October 1, 2018to September 30, 2019
|to Participate||Open a Live MT4 or MT5 account and Deposit $50.|
|Prizes||Latest Luxury Cars & Gadgets|
A trading contest on real accounts for both novice and experienced traders.
In this contest, you can win bundles of smartphones with smartwatches every month, and luxury cars at the end of the year.
|Contest Type||Real MT4 and MT5 accounts|
|Contest Duration||12 months from|
|Trading Platforms||MT4 and MT5|
|Required Minimum Deposit Amount||$50|
How to join the Contest
1. Sign up or Log in to your Personal Area
Sign up or log in to your Personal Area, create a new real account, and check the box “Sign up account to the Supercharged”.
2. Open a real Micro (MetaTrader 4) or Pro (MetaTrader 5) account and register your account for the contest
You can participate in the Contest absolutely free of charge.
You can join the contest at any point.
They’ll start to record your contest ranking the moment you register for Supercharged 2 with a new or existing trading account containing Personal Funds of 50 USD (or its equivalent in EUR) or more.
3. Make a deposit of at least $50 or its equivalent in EUR into your contest account
Make sure your first deposit amounts at least 50 USD (or its equivalent in EUR).
4. Download a trading platform (MT4 or MT5) and start trading
You can find the latest version of the MT4 or MT5 platform in their Download Centre.
5. Become the best in the most categories during one month and over the whole year and win prizes
The winner is determined by their overall ranking being the smallest number.
All trading techniques or EAs (robot trading) are allowed.
But any kind of arbitrage trading or any other abuse with pricing and/or quotes, as well as the usage of failures in the quote flow for getting guaranteed profit will be subject to disqualification from the contest.
To win the main yearly prizes, you need to achieve the highest results possible across all three categories throughout the year.
The traders performing best will win the main prizes.
|1ST PRIZE||BMW X5 M (575 horsepower, 5 seats)|
|2ND PRIZE||Lexus GS-F (464 horsepower, 5 seats)|
|3RD PRIZE||Honda Civic Type R (306 horsepower, 5 seats)|
OctaFX will only transfer money instead of car to you in exceptional cases.
If they do, they’ll transfer it into your trading account or bank account.
Only then will we send you your round prize or appoint a date and time for the main prize award ceremony.
To win monthly prizes, you need to win first place in any of three categories: Gain, Profit Factor, Traded Volume.
The Round Prizes of the Contest are as follows (with money equivalent, where relevant):
|Gain||Samsung Galaxy S9+ and smartwatch Galaxy Gear S3 (1,000 USD)||(Personal Funds + Amount Withdrawn – Personal Funds When Deposited)/Personal Funds When Deposited × 100%|
|Profit Factor||Oppo Find X and Garmin VivoActive 3 smartwatch (1,000 USD)||Profit from Trades (in USD) / Loss from Trades (in USD)|
|Traded Volume||Huawei P20 PRO and smartwatch Huawei Watch 2 (1,000 USD)||Total volume of all trades opened throughout the round (the Contest)|
What happens if you win in several categories?
You can win a maximum of four round prizes per year.
If you win in several categories in one round (including if you used several contest accounts), you can get several prizes together.
If you win for the fifth time or more, OctaFX will pay you out a cash sum of 20% of the monetary value of the prize, and the actual prize will be passed to the participant ranked second in that category.
You cannot win more than one main prize.
If several of your trading accounts qualify for the main prize, they will award you with the most valuable prize of those your accounts qualify for.
The participants ranked next most successful will get the remaining prizes.
Funding and Withdrawal Conditions
All your Personal Funds (equity excluding bonuses) in the account signed up for the contest are considered an initial deposit at the beginning of the round.
To start participating in the contest, your initial deposit should be 50 USD (or its equivalent in EUR) or more.
You can withdraw money from your contest account at any time.
However, if your Personal Funds (equity excluding bonuses) drop below 50 USD after a withdrawal, the account will not qualify for the next contest rounds.
Terms and Conditions
Here is the full Terms and Conditions of the contest.
- Only persons of legal age (18+) can take part in the Contest.
- A person (hereinafter—‘Participant’) must have an OctaFX real account to take part in the Contest.
- The Participant needs to check in a new or existing real account for participation in the Contest.
- The Participant needs to have at least 50 USD (or its equivalent in EUR) in his or her account (bonus funds not included) or deposit this amount into the account (this money is fully withdrawable), as well as open at least one trade in order to participate in the running round and the Contest’s overall ranking.
- The real account that complies with the requirements (hereinafter—‘Contest Account’) is deemed to be participating in the Contest and is being rated from the moment it is checked in for the Contest (starting from the running round).
- Once checked in, the Participant does not need to repeat this procedure for future rounds of the Contest.
- The Contest Account participates in subsequent rounds if its Personal Funds (Equity excluding bonuses) are at least 50 USD (or its equivalent in EUR) (bonus funds not included) the moment such subsequent round starts.
- If the Contest Account’s Personal Funds fall below 50 USD (or its equivalent in EUR), this account can’t participate in the next round until its balance reaches this amount. Its rating is nevertheless still reckoned in the overall (yearly) Contest ranking.
- The Participant has the right to open and deposit to any number of the Contest Accounts. Note that each Contest Account is ranked as a separate participant! Results of different accounts cannot be combined!
- The Contest Accounts owned by one Participant are assigned ascending numbers in the ratings. i.e. Participant_Name (1), Participant_Name (2), etc., in the chronological order of their joining the Contest.
- By taking part in the Contest, the Participant unconditionally agrees to the Rules of the Contest.
- The Main Prizes are presented to the Participants who got the highest ratings across all categories (Gain, Profit Factor, Traded Volume) throughout the year.
- The Participant is deemed a winner of the Contest if the sum of all his or her placings in the yearly rankings across all categories results in the lowest total number. For instance, a Participant who has finished 1st, 2nd, and 4th respectively in the yearly rankings of each categories (total sum of all places: 1+2+4=7) will be placed higher in the overall ranking and therefore win, if his or her nearest competitor’s total sum of places is over 7 (2+3+3, 1+5+2, etc.). If the leading Participants have an equal total sum of their places, the winner is determined by additional criteria.
- The money equivalent is transferred to the winner’s real account and can be withdrawn in full without limitations. The Round Prizes are presented to the Participants who were placed first in each category (Gain, Profit Factor, Traded Volume) for the corresponding month.
- The Company is entitled to change the prizes without prior notice.