Contest's FAQ

What is my password, why can't I see it?

Once you've registered for a contest, your login details will be displayed, but the account password will be hidden until the contest begins. This ensures that no one can access the account before the contest starts. Once it begins, you'll be able to retrieve the password easily.

To access your password, make sure you're logged in. Then, go to the contests page, click on the Contest Description, and scroll down to find the My login credentials link. Click on it.

A pop-up will appear with your contest credentials, including your account number, password, and the MT4/MT5 broker server used for the contest.

To log in on MT4/MT5 desktop, open the platform, select "Login to Trade Account", and enter your credentials, making sure to choose the correct contest server.

For MT4/MT5 mobile, open the left-side menu, select "Manage Accounts", then click the "+" symbol. Choose "Login to an existing account", search for the correct server, and enter your contest credentials. Click "Sign in".

You're all set! Good luck!

Are there any trading restrictions?

• Leverage ranges from 100:1 to 500:1.
• Initial equity varies, typically between $100 and $2,000.
• A maximum equity drawdown (DD) limit is often enforced to discourage reckless trading, though some contests do not have this restriction.
• Limits on the number of trades encourage sound money management and ensure fairness for all participants.
• A minimum trade duration is required to prevent excessive scalping or gambling, giving all traders a fair chance.

How does equity drawdown work?

In our contests, there's a maximum drawdown percentage (DD%) rule that applies throughout the event. This is meant to ensure fairness and to discourage "gambling" behaviors.

DD% is not calculated based on account balance or closed positions, nor is it calculated daily. It is always dynamically calculated from the highest equity peak.

Drawdown is measured from equity peaks to equity valleys. Our system tracks the highest point your account equity reaches and calculates the drawdown percentage from that peak throughout the contest.

Equity = Account Balance +/- Open Profit/Loss

Once your account reaches a new equity peak, the previous one is discarded, and the new one is used to calculate your drawdown percentage. Here's an illustrative example:

Example:

If the max allowed drawdown percentage is 30%, and your account starts with $100, opening Trade #1 increases equity to $120, a 20% gain. If equity then drops to $115, your drawdown is 4%.

Should equity reach $140, the new peak is set. If equity then drops to $120, the drawdown is 14%. If the drawdown exceeds 30%, your account will be disqualified, and a red circle will appear next to your account on the rankings page.

We recommend monitoring your demo account stats to manage positions effectively during a contest. Useful data such as peak drawdown is available, and an evolution chart shows your account’s drawdown trends.

What are the excluded trades?

Every contest has its own rules regarding the maximum number of trades counted for performance and ranking.

This is to ensure fairness and to limit the use of EAs (Expert Advisors).

To see excluded trades for a contest account, visit the account stats page and check the Excluded Trades tab under Trading Activity.

Excluded trades are winning trades open/closed in less than 2 minutes (losing trades will still be included) and trades on symbols not permitted for the contest.

For example, if the contest is "Forex only", trades on symbols like XAU/USD or BTC/USD will be excluded from performance.

Also, pending orders that aren't filled and later canceled by the trader, such as BUY LIMIT, SELL LIMIT, BUY STOP, and SELL STOP, are excluded.

For instance, if a trader sets a sell limit on EUR/USD and later cancels it, this trade won't affect account performance or history.

If I win a cash prize, how will I get paid?

If you win one of our demo trading contests, congratulations! Here's how you'll receive your cash prize:

Once the contest ends, our compliance team will verify the winners, which can take up to 5 business days. Please be patient during this time.

Winners will be announced on the contest page and notified via email. After receiving your notification, log in to your dashboard and check the My Rebates tab.

Your prize will be credited to your profile, and our finance department will transfer it directly to your selected payment method. The entire process is automatic.

Setting up a payment method to claim a cash prize

Make sure to set up a payment method when registering for a contest to avoid delays in receiving your prize.

In your profile dashboard, find the Select payment method option, and choose from PayPal, Skrill, Neteller, SticPay or popular cryptocurrencies.

Select your preferred method and complete the verification process.

Setting up a crypto wallet to claim a cash prize

If you'd prefer to receive your prize in cryptocurrency, we offer payments in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

To add a crypto wallet, select Crypto as your payment method, then choose your desired coin, for example, BTC.

Add your wallet address, agree to the terms, and click the green Save button. Your payment method is now your crypto wallet.