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UWCFX promotion- "NO RESTRICTIONS CONTEST"

darkkiller

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CONTEST REGULATIONS FOR DEMO ACCOUNTS
Main definitions

Contest name – “No Restrictions”

Contest organizer – United World Capital Limited, (“Organizer”)

Contest registration begins on 8th of March 2010 at 00:00:01 and ends on 13th of March 2010 at 23:59:59 (GMT+2).

Contest begins on 15th of March at 01:00:01 (terminal time). Contest ends on 19th of March 2010 at 22:59:59 (terminal time, GMT+2).

Contest results will be summed up by 5:00 PM on 24th of March 2010 (terminal time, GMT+2).

Participation in Contest

* Only company’s clients with verified trading accounts, who fill in an application to enter the contest, are eligible to participate.
* Both natural persons and legal entities can participate.
* A participant must be at least 18 years old.
* A participant must register on Company’s web site and open a separate demo account.
* Only one (1) entry per participant and only one (1) demo contest account are allowed during the Contest.
* All information provided by Contest participant must be valid.
* Organizer has the right to decline participant’s registration without explanation.

Contest trading conditions

Every participant has his/her own demo account where the following trading conditions apply:

* Account Type – demo
* Deposit Currency – USD
* Start Deposit – 10,000
* Leverage – 1:500
* Minimal Contract – 0,01 lot
* Maximal Contract – 1 lot
* Instruments available for trading – ALL
* Advisors – can be used
* SWAP – SWAP-free
* Stop Out Level – 10%
* Restriction for the number of simultaneously opened trades – no restrictions

Contest participants completely follow General Business Terms and Contest Regulations while conducting operations on the account.

Contest winner


Contest winner is a participant who has the biggest trading balance on the account by 22:59:59 on 19th of March 2010 (terminal time, GMT+2). All trades will be automatically closed at the last price of the corresponding instrument by the time of Contest termination.

United World Capital Limited will not to disclose any personal data of Contest participants. Rating table available for free access will contain only account number, country of residence and current account balance.

Prizes

Total amount of prize is 600 US dollars.

1st place – 300 US dollars
2nd place – 200 US dollars
3rd place – 100 US dollars

If two or more participants have the same results and are eligible to get the prize, each of them gets a prize amount. Prize is deposited to the participant’s trading account at latest in 5 business days after the end of the Contest.

Prize can be withdrawn from trading account in accordance to the General Business Terms by any convenient method.

Participants disqualification

Company has the right to disqualify a participant while Contest with the explanation of the reason.

The reasons for disqualification may be the following:

* A proven suspicion that participant trades on more than one account
* Violation of the Contest Regulation
* Violation of the General Business Terms or other regulating documents

Disputable situations

In the case of any technical errors, including trading server or connection failure, or any other errors of technical nature, only claims related to GTC (good till cancel) orders execution will be considered. It also includes stop-loss orders. In the case of non-market quotations (spikes), trades carried out using the non-market prices must be cancelled.

Liability

United World Capital Limited employees and members of their families cannot participate in the Contest.

All issues that are not directly or indirectly described in current Regulations should be conducted according to the General Business Terms and other UWC regulation documents.
 
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