SEA Traders Cup 2024 Competition Terms and Conditions
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FP Markets promotes its “SEA Traders Cup 2024” (“Competition”).
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To participate in this Competition, you have to register for a new Demo Account from the FP Markets dedicated client area, providing the details requested (first & last name, telephone, email, country) and be approved for a demo account through the dedicated Trading Competetion application form as well as to be over 18 years old. FP Markets’ personnel cannot participate in the Competition.
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Registrations will start on the 29th of January 2024 till 15th of February 2024
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The competition will start on the 5th of February 2024 till the 16th of February 2024
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The term ‘Company’ refers to FP Markets group of companies.
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The ‘Agreement’ refers to the T&Cs laid out in this document.
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Contest Account Type: Demo MT4
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The fixed deposit amount in the Client’s Demo Account will be USD$10,000
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EAs and locking: NotAllowed
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Traders will be ranked based on their equity, and the top 10 traders will be classed as the Competition Winners.
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The Competition Rankings will be updated every 24 hours.
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Winners and Rewards: The Total Prize Pool amount is USD20,000. The top 5 Participants will be rewarded with funded real accounts. The prize will not be withdrawable. Winners will be able to withdraw the profit generated from the trading of their prize.
Position
Amount
1st
USD 10,000
2nd
USD 5,000
3rd
USD 3,000
4th
USD 1,000
5th
USD 1,000
1st - 10th
Certificate, Tshirt and FP Markets Gift Set
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FP Markets reserves the right to alter the terms and conditions of this Competition without prior notice if evidence confirms any violation or breach of this document.
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FP Markets reserves the right to cancel the Competition without prior notice if we find a severe violation or breach of the Terms & Conditions by several participants. The company will not bear any legal or other consequences that occur during the cancellation.
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A client participating in this Competition will automatically have their account cancelled without prior notice if found to commit fraud or illegal activity. This includes the immediate cancellation of any transactions carried out that are related to the account.
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FP Markets has the right to disqualify participants who register and trade with more than one account at the same time for the purposes of this Competition.
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FP Markets has the right to disqualify participants who register multiple registrations with the same IP, use a dynamic IP which keeps changing or trade through the same IP address as other Clients.
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The Company reserves the right to amend or modify the contest terms and conditions without prior notice.
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Winners must meet all requirements set in these Terms and Conditions to receive the Competition prize.
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The participant acknowledges and authorises FP Markets to announce the daily results of the Competition on its website.
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The clients participating in the Competition will not be entitled to receive any other promotion or bonus offered by FP Markets.
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FP Markets will announce the winners of the Competition within 30 days of the completion of the Competition.
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By winning a Competition prize, the winners accept that they will participate in various promotional events that FP Markets can publicise freely on various venues. Promotional events include but are not limited to, interviews, photos, listing announcements of their full names, nicknames, country of origin, prizes received, etc.
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If a winner refuses to participate in promotional events, FP Markets has the right to disqualify the winner and give the prize to the next-place participant.
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These Terms & Conditions are made in English. Any translation into any other language is provided as a convenience only. In the case of any inconsistency or discrepancy between the original English text and the translation into any other language, the English text shall prevail.
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These Competition Terms and Conditions are dated 29th of January 2024.
