Lucky Trader Terms and Conditions
2. Participants
2.1. The Contest is available only for customers who are
over 18 years old.
2.2. Every Participant has to register for the new Contest step on the Organizer's website.
2.3. The Participant is opened a new DEMO account for every step of the Contest.
2.4. The Participant
agrees to provide true data including the full name identical to the one specified in the identification document and available email address.
2.5. In case of
detecting activity from two or more accounts with the same IP address, the administration can disqualify their owner. In this context, we strongly recommend avoiding GPRS and 3G modems.
2.6.
The Organizer reserves the right to decline registration of any participant without explaining the reason or disqualify any participant during the Contest or after the Contest finishes with the explanation. The reason of disqualifying can include opening the big volume opposite orders with the same currency pairs in different trading accounts at the same time approximately, as well as usage of failures in the quote flow for getting guaranteed profit.
2.7. Registering for the contest, the Participant accepts all the restrictions and rules of the Contest.
2.8. Participation of close relatives in the same contest is prohibited. If registration data of two Participants coincide, the Organizer reserves the right to regard this matching as a reason for disqualification.
3. Trading Conditions
3.1. After registration for the Contest is completed, the Participant is opened a DEMO trading account.
3.2. The
initial deposit amounts to USD 30 000 for all the Participants and can not be changed.
3.3. The
leverage is 1:500 .
3.4. All orders put at non-market price are destined to cancellation. The Contest Administration reserves the right to disqualify the account in case it was employed for trading at non-market quotations.
3.5. The Participant
may use any Expert Advisors and trading strategies.
3.6.
Major currency pairs and Forex crosses are the only available trading instruments at the contest.
3.7. The
minimum trade volume is 0.01, the maximum trade volume is 1 lot. Increment is 0.01 lots.
3.8. The Participant
can change his trading account type to Swap free by contacting the Support Service.
3.9. The
maximum number of simultaneously opened deals including pending orders is 10.
3.10.
Stop out level is 10%.
3.11. Other trading conditions for contest trading accounts are the same as for the live trading accounts of InstaForex
More info here
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