EXNESS Rules for Holding Contests
1. Registration and Participation Rules
1.1. Only EXNESS Clients ("Clients") holding trading accounts may participate in EXNESS contests.
1.2. Upon registering for a contest, the Client shall choose a nickname that will be used to monitor the Client’s contest activity.
1.3. The Company shall determine the initial deposit required for contests, as well as the leverage and other indicators. This information shall be published on the Company’s official website under "News" and/or "Contests".
1.4. The duration of each contest shall be determined by the Company and specified in a press release and/or in the "Contests" section of the Company’s official website.
1.5. Every Client participating in a contest must undergo account verification. The account verification procedure shall be described in a press release and/or in the "Contests" section of the Company’s official website. If a Client refuses to undergo account verification, he/she will automatically be excluded from participating in the contest.
1.6. Each Client must use a unique contest account for each contest. A single account may not be used to participate in multiple contests. Clients may use the same trading account to open multiple contest accounts.
1.7. Upon registering for a contest, the Client shall read and accept these rules. Clients are prohibited from filing complaints based on alleged unawareness of these rules.
2. General Contest Rules
2.1. The Company shall publish the time frame for each contest in a press release and/or in the "Contests" section of the Company’s official website.
2.2. Contest participants may not trade using their contest accounts prior to the announcement of the start of the contest.
2.3. The results of each contest shall be tallied according to the rules for the contest as described in the press release and/or the "Contests" section of the Company’s official website.
2.4. Participants may continue trading using their contest accounts after the end of a contest, but the results of such trades will not be tallied for the contest results.
2.5. The Company shall publish a table showing the ranking of contest participants. This table shall be in the form of a list of participant nicknames and their trading results, including account balance, account funds, account growth and other indicators, as well as expanded statistics for each participant’s contest account.
2.6. The Company shall not publish actual data about an account holder without his/her consent.
2.7. Contest participants may trade manually or using Expert Advisors, except in instances when the contest rules as presented in the press release and/or the "Contests" section of the official website prohibit a particular trading strategy.
3. Disqualification of Contest Accounts
3.1. The Company retains the right to disqualify a contest account from participating in a contest prior to the start of the contest without explanation.
3.2. A contest account may be disqualified during the course of a contest or after the end of a contest for the following reasons:
3.2.2. Violation of these rules.
3.2.3. The use by a single participant of multiple contest accounts to participate in the contest.
3.2.4. Collusion among participants.
3.2.5. Client use of software to alter or hide his/her actual IP address.
3.2.6. Participation in a contest by a Company employee or relative thereof.
3.2.7. Other reasons not described in these rules, after provision of a written explanation by the Company.
3.3. If a contest account is disqualified after the end of a contest, an explanation for such disqualification must be provided.
4. Clearing
4.1. After the end of each contest, EXNESS specialists take several days to complete the clearing process . The end of clearing date is the same as the date winners receive their prizes.
4.2. During the clearing process, contest participants’ trading history is reviewed to ensure that it complies with all contest rules. Participants found to be in violation of the rules are disqualified and prizes are redistributed accordingly.
5. Awarding Prizes
5.1. Winners shall be selected based on the deciding indicators for each contest, in accordance with the rules of the contest published in the press release and/or in the "Contests" section of the Company’s official website.
5.2. Participants shall be ranked using the data from the contest account monitoring table.
5.3. Prizes shall be described in the press release and/or in the "Contests" section of the Company’s official website. The rules for prize distribution shall be similarly disclosed.
5.4. If a prize is a material object, the Company may provide the winning Client with monetary compensation equal to the value of the prize. Such compensation shall be transferred in the form of funds to the contest winner’s EXNESS trading account.
5.5. If the terms of a contest specify that prize funds shall be awarded in the form of a bonus, then the winner’s use of the funds shall be governed by EXNESS’ general rules about bonuses. The funds will not be available for withdrawal, but can be used for trading. Any profit earned with the use of the bonus funds may be disposed of at the trader’s discretion.
5.6. The Company may publish both the overall results of each contest and the results of each contest participant, both in online and offline media.
