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FBS Contest

Re: 4 lives” contest rules



General terms

The contest is performed on specifically created demo accounts (“contest accounts”)
Period: 2 times a month (the 1st and the 3rd week of a month)
Duration: 72 hours
Contest start time: Monday, 23:55 GMT +3
Contest finish time: Thursday, 23:55 GMT +3

How to take part?

To take part in the contest you need to open a demo account in the FBS Personal Area.

Each contestant with a contest account agrees to abide by these rules, as well as by FBS Customer Agreement and Contest Accounts Regulations.

You should also be registered at http://forumfortrader.com. You should also input your forum username in your Personal Details tab in your Personal Area. They should match.

The registration for the contest stops 1 hour before the contest start. Each contest requires a new demo account.
Each contestant can have only one contest account. The additional (bonus) accounts will be opened by the Contest Administrator.
Trading with the same IP address on different contest accounts is strictly prohibited (except bonus accounts).

Please note:

FBS employees and/or their relatives and persons under 18 are not allowed to take part in the contest. In exceptional cases their participation may be a subject to special agreement, but in any case they will not receive any prizes and/or other rewards.

Trading conditions

To start your trading please download FBS Trader 4
You can use all the trading tools available on your demo account. Volume and number of orders are not limited. EAs are prohibited.

Each contest account has the following conditions:
• Initial deposit: USD 1000
• Leverage: 1:200
• StopOut: 15%

In case a contest account has opened positions BEFORE the contest start, they will be closed automatically.

In case a contestant notices:
• Incorrect trading platform functioning,
• Technical problems in the contest, or
• Probable off-market quotes,
he is obliged to inform Contest Administrator of these facts.

Bonus account (“Extra Life”)

How bonus accounts are distributed:

1. On Wednesday at 23:59 GMT+3 all the contest accounts’ balances are recorded.
2. After that a table is formed with places according to current balances (the highest balance has the 1st place, and so on)
3. The 1st 3 places in this table get an additional bonus account. The last place gets the 4th bonus account with the balance of the 4th place on it.
4. On Thursday at 01:00 GMT+3 Contest Administrator activates all the bonus accounts for trading.

So each contestant with a bonus account can trade in 2 accounts (contest account and bonus account) at the same time, which doubles his/her chances to win the prize. The winner is the contestant with the highest balance. So in case you have 2 accounts (contest account and bonus account) – their balances will be summed up during the results calculation.



Contest results calculation and winners

After the contest is finished, all the orders are automatically closed. To be included into the final results, the contestant must:

• Have a balance higher than the initial one
• Abide by all the contest rules
• Not be disqualified

The winner is the contestant with the highest balance (contest and bonus accounts are summed up). In the unlikely case 2 or more contestants equal balance, the prize will be shared equally.

Prizes

1st place – 150 USD
2nd place – 75 USD
3rd place – 50 USD

How to receive the prize

1. After the winners are determined, they should send their FBS real accounts (micro ONLY) numbers to the Contest Administrator.
2. The prizes are deposited into these accounts. The prize sum is not withdrawalble, the profit can be withdrawn anytime.
See other conditions of prize accounts in Prize Accounts Regulations.

Other conditions

1. FBS reserves a right to:

• Use the information associated with prize accounts for promotional purposes and publish it in any sources of information.
• Verify the validity of contestants’ registration data
• Check statements and server logs of the contest accounts
• Void contestant's results, as well as the award in case the contestant violates the contest rules and/or uses off-market quotes. The quotes will be considered off-market in accordance with the FBS Dealing Dept. confirmation.
• Disqualify a contestant without prior notice in in case he/she violates the contest rules
• Ban a person from contests for a period or forever in case of repetitive multiple violations
• Modify the contest rules with a prior notice on FBS website or forum

2. Disqualification is performed without personal notice by means of forum announcement
Reasons for disqualification:

• Provision if incomplete, incorrect or intentionally false information during contest registration
• Order’s similarity or opposite direction orders when Contest Administration has reasons to believe the trading is performed by the same person
• Suspicion of trading from more than one account (except bonus accounts)
• Trading in 2 or more accounts from the same IP address
• Trading via http/socks proxy server(s)
• Usage of contest technical failures/bugs for profit
• These Rules violation

3. In case of force majeure events FBS has a right to stop or cancel the contest. In case due to some reasons a contest is not finished, rewards will not be paid.
4. Final contest results are under no circumstances subject to revision
5. Any prize winner’s tax obligations are his/her sole responsibility. FBS is not liable for this.

Prize Accounts Regulations

A prize account is a real account intended for receiving the contest prize.
Funds are deposited to such accounts as a deposit. The account must be a micro account in USD.

FBS reserves a right to void prize in case it was not used for trading with 6 months since the award.

Prize account cannot be deposited.

No prizes are deposited to accounts which already have funds on them. A prize account MUST be a new real account with zero balance.

Withdrawal from a prize account is available via any of the payment systems available at FBS.

In case a client wants to deposit his/her prize account the following options are available:

1. If a prize account has profit on it, the prize funds are voided, while the profit can be either withdrawn or remain in the account. In this case the account is no longer considered a prize account and can be used as a regular account. The account number is not changed.
2. In case a prize account doesn’t have any profit, the prize funds are voided. In this case the account is no longer considered a prize account and can be used as a regular account. The account number is not changed.
In any of these cases all the orders in the prize account must be closed.
 
Trade dah stop.. Terima kasih pada client yg berdaftar hari ni..
 
bro..kalau kita deposit usd1k maknanya kita kena trade minimum lot 1 lot ke bro
 
bro..kalau kita deposit usd1k maknanya kita kena trade minimum lot 1 lot ke bro

acc maner bro nak register? klu tuk micro minimum 0.01 lot, klu standard 0.1, ecn baru 1.0
 

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