Tickmill’s Demo Trading Contest is on!

All you need to do is register for the contest, open a demo account and achieve one of the top ten highest account equity balances for the month.

Check out the leader-board of the current round.

A new Demo Forex contest is in the pipeline to offer you even greater rewards! More details to follow before the launch date. Stay tuned!

Terms and Conditions of the Contest

General terms

• The full title of the contest is ‘The Forex Demo Challenge’, hereinafter referred to as the ‘Contest’.
• The Contest is organised and run by Tickmill, hereinafter referred to as the ‘Company’.
• All individuals who have registered for the Contest during the registration period will have the right to participate in the Contest (hereinafter referred to as the ‘Participants’).
• Participation in the Contest is free of charge.

Contest schedule

• The Contest starts on Monday, July 3rd, 2017, at 00:00 server time (GMT+3) and ends on Thursday, November 30th, 2017 at 24:00 server time (GMT+2), unless it is determined otherwise by the Company.
• The Contest is divided into rounds, where a single round is a separated and independent contest not correlated with the previous or upcoming rounds.
• Each round lasts for one calendar month, starting on the first trading day of the month at 00:00 server time (GMT+3) and ending on the last trading day of the month at 24:00 server time (GMT+3).

Registration

• Failure to provide the necessary documentation will result in the disqualification of the Winners and therefore they will lose the right to receive the prize.
• To register for the Contest, a Participant must open a Contest demo account with the Company by completing the registration form on the Contest page.
• Each Participant is entitled to have only one Contest demo account per round. Holders of more than one account participating in the same round will be disqualified.
• Registration is only allowed during the current round. The same Participant can participate in an unlimited number of rounds.
• Registration is opened to individuals who are at least 18 years old and are legally allowed to participate in such contests by the jurisdiction of their residence.
• By completing the Contest registration form, the Participant agrees to the publication of his/her name, nickname, country and demo account’s trading record by the Company, during and after the Contest in any releases or advertising materials, without any compensation or approval.

Contest process

• All trading operations are performed with virtual funds on special Contest demo accounts, opened separately for each round of the Contest.
• Upon commencement of the Contest Period, each Participant shall be provided with a $10,000 virtual deposit and 1:500 leverage.
• All Contest demo accounts remain inactive (‘disabled’) until the beginning of the corresponding round. Trading opens at the date and time specified on the Contest page.
• The round result will be calculated based on the account equity balance at the market close (00:00 server time, GMT+3) of the last trading day of the month, including any open or pending positions.
• Using robots and EAs in the Contest is not allowed. Violation of this rule will result in the automatic disqualification of the Participant from the Contest.

Prizes and winners

• Winners of the Contest (top 10) will be the Participants who have the highest account equity at the end of a round based on MT4.
• The prize pool for each round is $3,000 and it is distributed among the top 10 Winners of the round:

• The 1st place Winner will also get a complimentary VIP account.
• To be eligible to receive the prizes, Winners must complete the steps below within 5 business days after the round has ended.
  • Each Client must create a Client Area account using the same information provided in the Contest registration form (name, surname, email, date of birth, etc.)
  • Each Client must submit the necessary identification documents required to validate the Client Area account.
• Winners will be contacted after the round has ended and the client area has been validated. Should the winner fail to answer, Tickmill (Tickmill Limited or Tmill UK Limited) reserve the right to award the next runner up.
• Failure to provide the necessary documentation will result in the disqualification of the Winners and therefore they will lose the right to receive the prize.
• The Contest prize will be added to the Winner’s live MT4 trading account (Classic, Pro or VIP account type).
• The Contest prizes can be used by the Winners for trading on the Company’s live account or can be withdrawn at any time, without any restriction.
• The Contest prize can only be claimed once. If one Participant has won one of the top 10 Contest prizes, then he/she is not eligible to participate in any future rounds.
• If a Winner is ineligible, refuses the prize or fails to respond to the Company’s communication within seven business days, the prize will be awarded to the next Participant in ranking.
• In the event that two or more Contest Winners have equal account equities at the end of the same round, the prize will be equally split between them.
• Winners agree to participate in promotional events, interviews and public announcements related to the Contest.
• Participants agree that information provided during Contest registration may be used by the Company both within the context of the Contest and for any other marketing purposes.

Arguments and complaints

• All complaints must be emailed. Only complaints submitted through this email will be accepted and resolved.
• Complaints concerning the failure to make a trading operation on the Contest demo account because of slow internet connection (either on the side of the Participant or on the side of the Company’s hosting provider) will not be accepted.
• Complaints concerning quoting in MetaTrader 4 will not be accepted, except in cases of documentable errors.
• The Company’s decisions in all disputes are final. While deciding, the Company will take into consideration the Contest’s terms and conditions, as well as common market practices.

Disqualifying

• The Company reserves the right to reject or disqualify any Participant without explanation. Reasons for disqualification may include, but are not limited to, the following:
  • Opening large volume of opposite orders with the same currency pairs in different trading accounts at approximately the same time in the event of a Participant or group of Participants cooperating with each other.
  • Abusing misquoted price flow for getting guaranteed profit or any other form of fraudulent activities.
  • Trading on more than one Contest demo accounts during a single round.
  • Multiple accounts managed from one IP address participating in a single round.
  • Suspicion of using arbitrage trading.
  • Any other significant violation of the Contest rules.
• Demo Contest is available for all clients.

Conditions and limitation of liability

• Winners are solely responsible for all legal reporting requirements and applicable taxes associated with the Contest or prizes.
• The Company reserves the right to delay, suspend or terminate this Contest at any time, without prior notice and without any liability to the Participants.
• Company’s employees, their relatives and dependents are prohibited from participating in the Contest.
• Residents of the countries that are not accepted for registration with the Company cannot participate in the Contest and are not entitled to receive any prizes.
• By registering for the Contest, Participants acknowledge that they have read and agreed to be bound by these terms and conditions.