Trading Hero - Trading Contest Terms & Conditions

  1. Participation in "Trading Contest"
    1. Forex4you clients who are meeting the following criteria are able to participate in our “Trading Contest”:
      1. Eligible Accounts: Cent, Cent NDD, Classic, Pro STP;
      2. Countries: Thailand, Malaysia, Bangladesh, India, Vietnam;
      3. Trader Room must be verified;
      4. Equity of the trader account must at least 50 USD.
    2. Type of accounts that are not able to participate in the “Trading Contest”:
      1. Share4you Follower accounts.
    3. To participate in the “Trading Contest”, the client must click on the "Join" button.
    4. Please note that every trading account (which meets the above criteria) can be registered in the “Trading Contest” individually.
  2. General Terms
    1. "Trading Contest" is a Forex4you promotion, where clients need to maximize their profitability in a limited time period, in order to win the cash prize
    2. The duration of the "Trading Contest" is ongoing and not limited in time.
    3. "Trading Contest" starts on the first date of the every month.
    4. The period of the "Trading Contest" round is lasts one month.
    5. Registration for the next round of the “Trading Contest” available during current round.
    6. Winners of the "Trading Contest" will be determined by Maximum Profitability Percentage in the Trading Round.

    7. Maximum Profitability in Percentage will be calculated by the formula: (d-b-c+e)/(b+c), where:

      b - Equity minus credit at the start of the contest Trading round;

      c - Sum of deposits and transfers in made during the Trading round;

      d - Equity at the end of Trading round minus credit;

      e - Sum of withdrawals and transfers out made during the Trading round.

    8. All actual information about the "Trading Contest" promotion can be found in your Trader Room, specifically in the section "Trader Contest".

    9. "Trading Contest" rating in Trader Room is updating every 10 minutes. Example:

      ClientsEquityCredit BonusTrade ResultDeposit/TransfersWithdrawal/TransfersProfitability
      Client #1500170230105033.33%
      Client #2240016070530.64%

      Example of the calculation that will be based on the formula above:

      Client #1 – ((900-170) - (670-170) -10+50) / ((670-170) +10) * 100% = 33.33%

      Client #2 – ((400-0) - (240-0) - 70+5) / ((240-0) +70) * 100% = 30.64%

      Client #1 will be higher in the overall rating of "Trading Contest" promotion.

  3. Prizes and awarding

    1. The top 30 clients in the "Trading Contest" will be awarded with cash prizes according to the prize distribution table:

      PlacePrize (USD)
      1400
      2250
      3200
      4150
      5145
      6140
      7135
      8130
      9125
      10120
      PlacePrize (USD)
      11115
      12110
      13105
      14100
      1595
      1690
      1785
      1880
      1975
      2070
      PlacePrize (USD)
      2165
      2260
      2355
      2450
      2545
      2640
      2735
      2830
      2925
      3020
    2. Money prize will be funded/transferred to the trading account number that wins the "Trading Contest" within 5 days after result announcement.
    3. Money prize will be funded/transferred only to winners with trading activity and positive Profitability.
    4. Trading accounts with zero (0) profitability or less than zero and no trading activity will be shown in rating but in grey color.
    5. At the end of the round if two or more trading accounts from one client are in the top 30 places, then the one with higher rating will be chosen and the other/s will be removed from the top 30.
    6. After round is finished all winners will be checked for violation of the “Trading Contest” and/or Forex4you conditions.
    7. Please note, if you are using a leader account in the "Trading Contest" the cash prize can affect your Share4you leader statistics.
  4. Reservation of rights and disqualifications
    1. Forex4you reserves the right at its reasonable discretion, to:
      1. Decline registration of any participant in the "Trading Contest" promotion.
      2. Disqualify any participant of the "Trading Contest" who violates or abuses the terms of use of the Company’s services.
    2. Forex4you reserves the right, at its reasonable discretion, to discontinue the “Trading Contest” promotion without any prior notification.
    3. Forex4you reserves the right to alter, amend or terminate the “Trading Contest” promotion, or any aspect of it, at any time. Forex4you is not obliged to warn customers about changes in the “Trading Contest”. The client is obliged to comply with all the rules and conditions of the “Trading Contest”, as well as monitor their changes.
    4. Any indication or suspicion, in the Company’s reasonable discretion, of any form of arbitrage, abuse, fraud, manipulation, cash-back arbitrage will nullify all transactions carried and/or profits or losses in that trading account.
    5. This Terms & Conditions page has been prepared in different languages, and whilst all versions are considered authentic and accurate, in case of any disputes and their resolution the English version shall be deemed primary for legal purposes and shall prevail over others.
  5. Risk warning
    1. Forex Trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure.