Rules of TradeRace trading championship

A Traders Competition is a type of activity, when participants, having equal time limits and rules, compete against each other in trading.

General rules:

Anyone who is interested in trading aged 18 and older can participate in TradeRace competitions.

Please, note that in accordance with the Company’s policy we do not accept residents of the USA as participants.

  • Only registered users can join any available TradeRace championship. Any doubts How to register?(link to page how to register)
  • To be able to withdraw funds (prizes/ bonuses) your 4Xcube account must be verified.
  • Trading is performed via the MetaTrader 4.
  • The monetary Prizes will be credited to the Winners’ trading accounts as a Deposit
  • within the 5 days after competition ends, and will be available for withdrawal immediately upon Winner’s request.
  • The Administrator or the Manager can set specific rules or limitations for each separate competition.
  • Registration for a competition, as well as the competition itself, lasts for a certain period of time.

Competition regulations:

There can be 1 types of competition:

Competition where traders need to deposit 100 to join.

At the start of a competition all participants get accounts with the same initial balance and leverage.

Competition rules also specify the following aspects of trading:
a) the list of available trading instruments;
b) the minimum and the maximum lot size and the maximum number of orders;
c) the use of automatic trading (expert advisors), allowable trading strategies (hedging, scapling, etc);
d) the amount of prize funds and their distribution (number of prize places, prize amounts).

Prizes and bonuses in Trade Race:

  • There can have two prizes for month and two prizes for year
  • Most Profitable Trader of the Month: The prize is $4/LOT RT traded by all participants in the competition*
  • Biggest volume trader of the month: The prize is $4/LOT RT traded by all participants in the competition*

*The prize amount will be always generated form all volume traded by all participants in the competition every each month

  • Best Trader of the Year: The prize is $2/LOT traded by all participants and accumulated in competition during the entire year /12 months)* **
  • Biggest volume trader of the year: The prize is $2/LOT traded by all participants and accumulated in competition during the entire year /12 months)*

*The prize amount will be always generated form all volume traded by all participants in the competition every each month

**The best trader also earns a trading course paid by the company; a contract with the brokerage firm for 12 months and a $ 10,000 account to manage.

Limitations:It’s prohibited to provide unreliable personal information.

  • It’s prohibited for one and the same trader to participate in a competition on several accounts from one IP address, as well as, to use other traders' accounts.
  • It’s prohibited to copy other participants’ trading strategies in a competition.
  • It’s prohibited for relatives to trade in one competition using one and the same IP address.
  • It’s prohibited to use automated trading strategies (unless otherwise specified in a competition rules).
  • If a trader violates minor rules he/she will be disqualified from participating in a competition. In this case, one must pay some penalties to be able to join any other new competition.
  • Frequent rules violations or major violations can lead to a trader’s account block. In this case, all the prizes and bonuses gained in a competition will be annulled.
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