• OctaFX 16 Cars contest is underway
• Overview of OctaFX 16 Cars contest
• How to join OctaFX 16 Cars Contest?
• Requirement to join OctaFX 16 Cars Contest
• Trading Rules of OctaFX 16 Cars Contest
• Contest prizes and the procedure for determining the winners
  1. The Prizes in the global/world region (for a single prize drop):
  2. The Prizes in the India region (for a single prize drop):
  3. The Prizes in the Indonesia region (for a single prize drop):
  4. The Prizes in the Malaysia region (for a single prize drop):

OctaFX 16 Cars contest is underway

The OctaFX 16 Cars contest is underway.

The contest prizes are the followings:

• HONDA CIVIC CAR
• 3 MacBook Air laptops
• 3 Samsung Galaxy S20 smartphones
• 3 Apple Watches

First, read the rules to maximise your chances of success.

Here’s the overview:

1. To sign up, create a new contest account or assign an existing one for the contest on the event page.
2. To participate, make a deposit and make sure you have at least 50 USD or EUR, excluding bonus funds, in your contest account.
3. To win, get the highest rating across all categories (Gain, Profit Factor, Traded Volume) in your region.

Go to OctaFX Official Website

Overview of OctaFX 16 Cars contest

OctaFX presents a new real contest.

They have increased the number of prizes and your chances of winning.

Prizes in this contest include: 16 great brand-new cars, 36 MacBook Pro laptops, 36 smartphones, and 36 smartwatches.

Sign up for the contest, prepare a contest account, and trade to become a winner.

Visit OctaFX Official Website

How to join OctaFX 16 Cars Contest?

You have two options.

Create a dedicated contest account.

Sign up or log in to your Personal Area, create a new real account, and check the box Sign up This Account for OctaFX 16 Cars.

Make sure your first deposit amounts at least 50 USD or EUR.

Or assign your existing real account for the contest.

Sign up or log in to your Personal Area, pick a MetaTrader 4 account you are willing to sign up for the contest in the My Accounts list at the bottom of the page, press this account and select Assign as contest account.

Make sure your first deposit amounts at least 50 USD or EUR.

Keep in mind that you can sign up several accounts for the contest if you want to.

Go to OctaFX Official Website

Requirement to join OctaFX 16 Cars Contest

• Only persons of legal age (18+) can take part in the Contest.
• A person (hereinafter—‘Participant’) must have an OctaFX real account to take part in the Contest.
• The Participant needs to check in a new or existing real MetaTrader 4 account for participation in the Contest.
• The Participant needs to have at least 50 USD or 50 EUR (depending on the account currency) in his or her account (bonus funds not included) or deposit this amount into the account (this money is fully withdrawable), as well as open at least one trade in order to start competing for the nearest upcoming prize drop announced in the Participant’s region.
• The real account that complies with the requirements (hereinafter—‘Contest Account’) is deemed to be participating in the Contest and is being rated from the moment it is checked in for the Contest. Which means only the orders opened within the run for the prize drop and after the moment the Contest Account has 50 USD or 50 EUR (depending on the account currency) in his or her account (bonus funds not included) are counted for the purposes of the contest.
• Once checked in, the Participant does not need to repeat this procedure for future rounds of the Contest.
• The Contest Account starts competing for subsequent prize drops if its Personal Funds (Equity excluding bonuses) are at least 50 USD (or EUR; bonus funds not included) at the moment then such prize drop is announced.
• If the Contest Account’s Personal Funds fall below 50 USD or EUR, this account can’t compete for subsequent prize drops until its balance reaches this amount.
• The Participant has the right to open and deposit to any number of the Contest Accounts. Note that each Contest Account is ranked as a separate participant. Results of different accounts cannot be combined.
• The Contest Accounts owned by one Participant are assigned ascending numbers in the ratings. i.e. Participant_Name (1), Participant_Name (2), etc., in the chronological order of their joining the Contest.
• By taking part in the Contest, the Participant unconditionally agrees to the Rules of the Contest.

Go to OctaFX Official Website

Trading Rules of OctaFX 16 Cars Contest

• All trading strategies and/or EAs are allowed for trading with the Contest Account.
• Only MetaTrader 4 (Micro) real accounts are eligible for the Contest.
• Any direct or indirect violation of these Rules shall be subject to account disqualification from the Contest.
• The Company reserves the right to reject or disqualify any participant without explaining the reason. The reason for disqualification may include opening a large volume of opposite orders with the same currency pairs in different trading accounts at approximately the same time, as well as the usage of failures in the quote flow for getting a guaranteed profit, or any other kinds of cheating.
• Utilising several profiles opened on OctaFX is forbidden. If the Company reasonably suspects two profiles or more to be managed by one person, all trading accounts opened under these profiles will be banned from the Contest.
• The Company reserves the right to alter, update, or cancel these promotion Rules at their own discretion with further notification of the Participants by posting such information on the Company site. The Company is entitled to resolve any occurrence that is not described in these Rules at its own discretion.

With OctaFX, you can also trade anytime and anywhere by using mobile apps on your smart phones.

Find out more about the mobile apps of OctaFX in the page here.

Visit OctaFX Official Website

Contest prizes and the procedure for determining the winners

The Contest consists of four prize drops.

The Participants compete for each of them for three calendar months.

The winners are determined by the overall rank they occupy at the moment specified on the Contest page under “Next drop in the world/India/Indonesia/Malaysia”.

The prizes are presented to the Participants who got the highest ratings across all categories (Gain, Profit Factor, Traded Volume) in their region.

The Participant is deemed a winner of the Contest if the sum of all his or her placings in the rankings across all categories results in the top 10 lowest total.

For instance, a Participant who has finished 1st, 2nd, and 4th respectively in the rankings of each categories (total sum of all places: 1+2+4=7) will be placed higher in the overall ranking, if his or her nearest competitor’s total sum of places is over 7 (2+3+3, 1+5+2, etc.).

If the leading Participants have an equal total sum of their places, the final placement is determined by additional criteria (see Procedure for rating calculation below).

The Participants can only compete for the Prizes in the region of their initial registration.

The first prize goes to the first place winner. The second prize goes to the Participants who took 2–4 places.

The third prize goes to the Participants who took 5–7 places.

The fourth prize goes to the Participants who took 8–10 places.

The Prizes of the Contest depend on the region.

Visit OctaFX Official Website

1. The Prizes in the global/world region (for a single prize drop):

1. First prize: Honda Civic
2. Second prize: 3 × MacBook Air 2019
3. Third prize: 3 × Samsung Galaxy S20
4. Fourth prize: 3 × Apple Watch

2. The Prizes in the India region (for a single prize drop):

1. First prize: Volkswagen T-Roc
2. Second prize: 3 × MacBook Air 2020
3. Third prize: 3 × Samsung Galaxy S20
4. Fourth prize: 3 × Samsung Galaxy Watch Active2

3. The Prizes in the Indonesia region (for a single prize drop):

1. First prize: Mitsubishi Xpander
2. Second prize: 3 × MacBook Air 2019
3. Third prize: 3 × Samsung Galaxy A71
4. Fourth prize: 3 × Samsung Galaxy Watch Active

4. The Prizes in the Malaysia region (for a single prize drop):

1. First prize: Honda Civic
2. Second prize: 3 × MacBook Air 2020
3. Third prize: 3 × Samsung Galaxy S10
4. Fourth prize: 3 × Samsung Galaxy Watch

Go to OctaFX Official Website