cash wars
Free contest of traders on demo accounts
THE RESULTS HAVE BEEN SUMMED UP
The prizes are being distributed...
21 days
Duration
$547к
Amount of prize payouts
Registration for
the contest: from 26.04.21
to 06.06.21
the contest: from 26.04.21
to 06.06.21
Running the
contest: from 24.05.21
to 13.06.21
contest: from 24.05.21
to 13.06.21
Summing up
the results: till 23.06.21
the results: till 23.06.21
A contest with World Forex is:
FREE
Learn to trade or test a trading strategy without any financial investment.
PROFITABLE
Win up to $1400 as a money prize into your account.
CAPTIVATING
Become a participant of the traders' rivalry in real trading conditions.
The score table places 50 participants
with the highest results who share the prize fund of 10 000$.
New participants additionally get +500 points due to the Rebate Club loyalty programme.
Contest rulesContest Rules
1. General Provisions.
2. Registration.
3. Prize Fund.
4. Holding of the Contest.
5. Contest Judging.
6. Conditions for receiving a rewarding bonus.
Company "World Forex" offers everyone who wishes to take part in the Traders’ Contest, under the terms and conditions described in this document (Rules of the Contest). Opening a contest account is an act of registration in the Contest and denotes your consent with these rules.
1. General provisions
1.1. The Contest organizer is the Company "World Forex".
1.2. Taking part in the Contest is free of charge.
1.3. Everybody, regardless of the nationality, gender, ethnicity, occupation, possessing a real or demo account, can take part in the Contest. The employees of the Company "World Forex" as well as their family members and relatives cannot take part in the Contest.
1.4. The date and time of the Contest start and its duration are additionally announced on the Contest page placed on the Company’s website.
1.5. Each Participant can use only one contest account over the whole period of the Contest. Detecting the Participant’s activity on more than one registered accounts will result in his/her automatic disqualification. It is strongly recommended not to use the internet connection via the mobile network operators in order to prevent IP address match between the participants. Such matches can be considered as Contest Rules violation and at the Contest committee’s discretion such participants can be disqualified.
1.6. The contest participants are allowed to use a VPS server.
1.7. Using a proxy-server is not allowed while taking part in the Contest. The fact of using a proxy-server will be regarded as the attempt to conceal the participants’ real IP address. In case of revealing, such participants will be disqualified.
1.8. The citizens of the following countries: Indonesia, Bangladesh, Malaysia, Egypt, Algeria, India, South Africa, Nigeria, Morocco, Sri Lanka, Zimbabwe, Namibia, Yemen, Cameroon, Angola, Tanzania, Malawi, Afghanistan, Kenya, Pakistan, Iran, Iraq and Uzbekistan are not allowed to take part in the Contest.
2.1. Registration and participation in the current Contest are possible from the moment of the Contest announcement as well as at any moment during holding of the current Contest (after its start), but not later than 14 days before its completion.
2.1.1. A Participant automatically takes part in the loyalty programme World Forex Rebate Club when he/ she registers for the contest.
2.2. The desktop versions of the platforms MetaTrader 4 and MetaTrader 5, their mobile versions as well as Web terminals of the above-mentioned platforms can be used for trading operations on a contest account.
2.3. In order to take part in the Contest it is required to register on the Company’s site, fill in the personal data application form and open a W-CONTEST trading account in the section “Trading accounts” of the personal Trader’s cabinet. Registering a contest account, a Participant denotes his/ her full consent with these rules.
ATTENTION! The name, e-mail address and telephone number stated by a Participant must be real. Otherwise, a Participant is deprived of the right to receive prize money in case he/she wins the Contest. Registration data change during and after the contest is not carried out and not allowed.
2.4. Upon opening a contest account a Participant is assigned with a unique number – login and password. The received data are used for participation in the Contest and virtual trade on the trading platforms.
2.5. All Participants’ contest accounts have the same start value of the balance by the moment of the Contest start – 10 000 US virtual dollars; leverage – 1:100.
3.1. The total Prize Fund of the contest is dynamic. Actual information can be found on the Contest page.
3.2. Prize Fund is allocated by the Contest committee among the prize winners according to the position in the Participants rating at the moment of the Contest results review. The rating is generated automatically in the real-time mode resulting from the current values of the Participants’ balances.
The Participants who win the Contest receive an electronic prize voucher for a trading account deposit at nominal amount:
| 1 | place prize $1400 |
| 2 | place prize $900 |
| 3 | place prize $700 |
| 4 | place prize $600 |
| 5 | place prize $550 |
| 6 | place prize $500 |
| 7 | place prize $450 |
| 8 | place prize $400 |
| 9 | place prize $350 |
| 10 | place prize $300 |
| 11 | place prize $250 |
| 12 | place prize $240 |
| 13 | place prize $230 |
| 14 | place prize $220 |
| 15 | place prize $200 |
| 16 | place prize $190 |
| 17 | place prize $180 |
| 18 | place prize $170 |
| 19 | place prize $160 |
| 20 | place prize $150 |
| 21 | place prize $140 |
| 22 | place prize $130 |
| 23 | place prize $120 |
| 24 | place prize $110 |
| 25 | place prize $100 |
| 26 | place prize $95 |
| 27 | place prize $90 |
| 28 | place prize $85 |
| 29 | place prize $80 |
| 30 | place prize $75 |
| 31 | place prize $70 |
| 32 | place prize $65 |
| 33 | place prize $60 |
| 34 | place prize $55 |
| 35 | place prize $50 |
| 36 | place prize $45 |
| 37 | place prize $45 |
| 38 | place prize $45 |
| 39 | place prize $45 |
| 40 | place prize $35 |
| 41 | place prize $35 |
| 42 | place prize $35 |
| 43 | place prize $35 |
| 44 | place prize $35 |
| 45 | place prize $30 |
| 46 | place prize $30 |
| 47 | place prize $30 |
| 48 | place prize $30 |
| 49 | place prize $30 |
| 50 | place prize $30 |
| 51 | prize place and further $10 |
A prize table consists of 50 participants. A prize fund amounts 10 000 USD that is proportionally shared among the prize winners.
3.3. The Participants who take the prize place will receive a guaranteed prize voucher to deposit a trading account, at nominal amount defined in the prize winners’ list on the Contest page. A prize voucher and instructions for its depositing will be provided by an information support operator via telephone or sent to the e-mail address assigned to the Contest Participant.
3.3.1. The Company has the right to refuse granting a prize voucher to a Participant in case he/ she earlier took prize positions in the previous contests TOP table, got 2 or more prize vouchers, and the difference between own replenishments and withdrawals did not exceed 25% from the amount of received prize vouchers.
3.3.2. All new Participants registered for the Contest receive 500 Rebate Club points.
3.3.3. Additional 500 Rebate Club points are not granted to the clients who already received 500 points for participating in the previous contests.
3.4. The main condition for depositing a prize voucher is availability of the verified telephone number in the Participant’s profile.
3.4.1. The Company has the right to request the identity and address verification from the Contest Participant who takes a prize place.
3.5. Should a Participant win, he/she on his/her own opens a real trading account in the personal Cabinet. A Participant can choose a trading account type and currency upon own discretion. Crediting a prize voucher is carried out in the equivalent at the official currency rates stated at the moment of crediting.
3.6. Prize accounts have the status that is the same to real working accounts.
3.7. Prize funds are available for trade but not for withdrawal. A Participant has the right to withdraw the profit resulting from trading above the prize funds in any amount, provided that trading will be carried out on the following types of real accounts: W-CENT, W-PROFI, W-CENTfix, W-PROFIfix, W-CRYPTO, W-INSTANT. For the accounts of W-DIGITAL type the required condition for profit withdrawal is fulfilling the turnover on the account calculated according to the following formula:
Prize amount * 10
For example: prize amount is 500 USD, the turnover on all deals on Digital contracts shall add up to 5 000 USD (the amount of all investments).
3.7.1 At withdrawal of the profit received resulting from trading a prize bonus, the Company is entitled to decline a request for withdrawal in a currency or via a payment system stated by a client, and shall offer withdrawal in another currency or via another payment system upon own discretion.
3.7.2. When using a prize voucher together with own funds, own funds are used first, and only then – voucher funds.
3.8. The Company reserves the right to cancel prize funds under the condition that the profit received above the prize funds exceeds 150%.
4.1. The Contest represents the counteractions of traders who carry out trade operations on a contest account. Trade is available with the group of instruments: Forex, Metals, Oils, Crypto.
4.2. Minimum contract / investment and a contract / investment step on a contest account are:
Forex instruments: min. contract 0 1.00 (one) lot/ contract step 0 1.00 (one) lot;
Metals: min. contract 0 1.00 (one) lot/ contract step 0 1.00 (one) lot;
Oils: min. contract 0 1.00 (one) lot/ contract step 0 1.00 (one) lot;
Crypto: min. contract 01.00 (one) lot/ contract step 0 1.00 (one) lot.
4.3. While taking part in the Contest, at any point of time a Participant can open not more than 10 (ten) lots in total, on all positions of the instruments available for trade on a contest account.
4.4. For the time of holding of the Contest the number of completed deals, carried out by a Participant, shall be 10 or more.
4.5. The rules of concluding deals on the Forex group instruments on a contest account fully conform to Section 4 “Rules of transactions” of the Public Offer Agreement.
4.5.1 Cryptocurrency trade is available 24/7 from 00:00 on Monday to 23:59 on Sunday.
4.6. At the moment of the Contest termination all opened positions are closed forcedly. The current profit / loss value on them are written to the trading balance.
5.1. The Contest judge is the Contest Committee of the Company "World Forex". All the decisions made by the Committee are ultimate and not subject to any appeal.
5.2. The Participants who have violated the present Rules are subject to disqualification in the current Contest. Disqualification of a Participant in the current Contest does not deprive him/ her of the right to take part in the forthcoming traders’ contests.
5.3. All disputes, offers and questions arising during the Contest process and the Contest results review shall be sent via the “Feedback form” page, section “Support”, or from the personal field of the personal Cabinet, section “Support” with the obligatory denotation “Traders’ Contest” in the message subject. All disputes, offers and questions associated with the Contest submitted by any other means or directed to any other departments of the Company are not accepted for consideration.
5.4. The following disputes are not accepted from the Participants:
- associated with failure to carry out transactions on a contest account caused by poor connection quality either on the side of the contest Participant or on the side of one of the "World Forex" Company’s providers;
- associated with quotes levels in the trading platforms MetaTrader 4 and MetaTrader 5, with an exception of cases of obvious errors.
5.5. The administration of the "World Forex" Company has the right to suspend or terminate the contest should the technical problems arise at the providers’ servicing the equipment of the Company; or in the conditions of unusual circumstances occurred after the contest start, which the administration of the Company could not either predict or prevent by means of reasonable measures.
5.6. The administration of the "World Forex" Company reserves the right to amend the present Rules, about the fact of which the Company will inform the Contest Participants in advance.
5.7. The Company reserves the right to refuse a Participant in registration or to disqualify him/ her without explaining any reasons.
6. Conditions for receiving a rewarding bonus
6.1. Every registered Participant who took active part in the trader’s Contest can get a rewarding bonus. The Participant’s activity is defined in p. 4.4 of these Rules.
6.1.1. The Company has the right to refuse granting a rewarding bonus to a Participant if he/ she earlier received 2 or more rewarding bonuses, and the difference between own replenishments and withdrawals did not exceed 25% from the amount of received bonuses.
6.1.2. A rewarding bonus is not subject to withdrawal and available for trading only. The profit resulted from the trading bonus funds on the trading accounts W-CENT, W-PROFI, W-CENTfix, W-PROFIfix, W-CRYPTO, W-INSTANT, W-CRYPTO can be withdrawn in any amount; on the W-DIGITAL accounts (Digital contracts) – only upon meeting the requirement for the turnover on the account calculated according to the following formula:
Bonus * 10
For example: bonus amount is 10 USD, the turnover on all deals on Digital contracts shall add up to 100 USD (the amount of all investments).
6.1.3 If a Client has not met the condition of an active participation in the contest and has performed less than 10 (ten) full deals he/ she has the right to receive a rewarding bonus, a proviso that withdrawal of the profit resulting from trading this bonus will be available only upon fulfilling the turnover conditions:
Forex – 1 standard lot
Digital contracts – 20-fold amount of investment from the bonus amount.
6.2 The Company has the right to request the telephone number and address verification from a Participant in order to credit a rewarding bonus.
6.3 A participant has the right for crediting a rewarding bonus to any trading account type available for trade in the World Forex Company.
6.4 The Company within 10 calendar days grants a 10 USD electronic voucher for depositing a trading account by sending an e-mail to the address assigned to the Participant. In some cases, a rewarding bonus may be granted via telephone.
6.5. At withdrawal of the profit received resulting from trading a rewarding bonus, the Company is entitled to decline a request for withdrawal in an currency or via a payment system stated by a client, and offer withdrawal in another currency or via another payment system upon own discretion.
6.6. When using a rewarding voucher together with own funds, own funds are used first, and only then – voucher funds.
6.7. A rewarding bonus is the Company’s property and can be called back at any moment without explaining any reasons.
Disqualified participants
Disqualified participants:
446878, 444318
(Violation of paragraph 1.5.)
11800041, 11800090, 11800094, 11800131, 11800182, 11800208, 11800249, 11800275, 11800321, 11800349, 444018, 444021, 444049, 444055, 444190, 444269, 444290, 444303, 444371, 444563, 444600, 444682, 444686, 444722, 444726, 444730, 444738, 444739, 444761, 444763, 444773, 444784, 444790, 444798, 444808, 444812, 444817, 444821, 444853, 444855, 444857, 444859, 444867, 444868, 444874, 444915, 444919, 444932, 444959, 444960, 444961, 444969, 444983, 444984, 444985, 444991, 445005, 445014, 445017, 445034, 445037, 445050, 445062, 445073, 445083, 445123, 445137, 445140, 445149, 445170, 445176, 445183, 445187, 445223, 445229, 445265, 445266, 445278, 445309, 445310, 445320, 445371, 445388, 445446, 445490, 445515, 445532, 445534, 445547, 445579, 445611, 445628, 445646, 445716, 445740, 445744, 445812, 445818, 445820, 445863, 445875, 445920, 445928, 445931, 445941, 445959, 446021, 446093, 446103, 446135, 446144, 446177, 446180, 446224, 446229, 446240, 446266, 446268, 446275, 446282, 446288, 446291, 446292, 446311, 446316, 446348, 446371, 446393, 446421, 446422, 446430, 446436, 446481, 446524, 446571, 446647, 446666, 446697, 446722, 446726, 446729, 446739, 446740, 446758, 446764, 446775, 446779, 446808, 446809, 446822, 446825, 446836, 446845, 446846, 446847, 446855, 446870
(Violation of paragraph 1.8.)
11800116, 11800042, 11800307, 11800304, 11800301, 11800297, 11800287, 11800281, 11800252, 11800238, 11800235, 11800229, 11800182, 11800181, 11800159, 11800228, 11800224, 11800223, 11800222, 11800220, 11800212, 11800192, 11800189, 11800184, 11800152, 11800136, 11800130, 11800127, 11800124, 11800121, 11800113, 11800104, 11800099, 11800092, 11800081, 11800076, 11800073, 11800069, 11800058, 11800049, 11800045, 11800043, 11800032, 11800030, 11800029, 11800011
(Violation of paragraph 4.3.)
445254, 444673, 444834, 444193
(Violation of paragraph 4.4.)
Disqualified in accordance with the competition rules.