CONTEST DETAILS ARE AS FOLLOWS:
Demo Contest Registration and Eligibility: Registration will be open to both new and existing IFX Markets clients. Entrants will receive one demo account and one demo account only. Any client found to have more then one demo account will be disqualified from this and any other future contests. All of the information used to register for the demo contest must match the information used to open the live account. Therefore, if false contact information is provided, the participant shall forfeit any prize won. IFX reserves the right to reject any demo contest application for any reason.
Registration Period: All participants must register by the 28th day of the previous month. All entrants signing up after the 28th will be registered in the following months trading contest.
Demo Contest Trading Period: The contest will commence on the first trading day of the month and will end either 30 days later or on the last trading day of each month, whichever comes first. Entrants do not need to close open positions; as they will be added or subtracted from the ending equity in the account.
The Demo Contest Trading Account: Entrants will receive a demo account with 10,000 virtual dollars. Funds cannot be added or withdrawn from the demo account. Additionally, no demo account will be reset to its starting balance of 10,000 virtual dollars during the month of a contest for any reason.
Demo Contest Winners: Each month the top three traders will be determined by IFX through the following means: IFX Markets will “mark to market” for all demo accounts entered in the contest for that month. “Marking to market” will take place at the close of the last trading day (4:29 PM or 4:59 PM EST Time) on the final day of the contest.
Registration Information: To be eligible for participation in the IFX Markets demo contest, all traders must be willing to provide correct registration information. The trader must give accurate information with regards to contact details and any and all other information required by IFX Markets. Participants must also be willing to have their demo account trading record and the name of that demo account published on the IFX Markets website. This information will be used solely for the purpose of providing an update of current winners during the life of the contest. No personal information will be provided to third parties and no personal information will be sold to third party vendors. By registering for this demo contest, the registrant certifies that he/she has agreed to provide all information as required above and further consents to the posting of their demo account information on IFX’s website.
Technical and Communication Problems, Malfunctions and Delays: IFX Markets is not responsible for any technical and/or computer failures during the life of the contest. If an entrant has a computer or internet related issue, IFX Markets will be unable to close positions or open positions for the trader. It is the sole responsibility of the trader to ensure that their computer and internet are running properly.
Trading: Entrants must make a minimum of 20 trades during the contest period. All styles of trading are welcome.
Disqualification and Trading Regulations: IFX Markets may disqualify any participant at its own discretion for just cause as reasonable determined by IFX. Just cause shall include, but not be limited too, the violation of any contest term, condition or regulation.
Cancellation of Contest: IFX Markets reserves the right to cancel or modify this demo contest at any point in time.