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OctaFx 16 cars real contest
Compete only in your region and win Volkswagen T-Roc and other worldwide-scale luxury prizes.
Promotion Type
Live contest
Promotion Period
From 17 August 2020 to:16 August 2021, there is a contest every 3 months, 4 contests in total.
Contest duration : Three months
Contest starts : Follow schedule
Registration for the contest is available anytime during the contest.
Available to
All clients
How to participate
Open a new MT4 account or use an existing MT4 account to register for the contest. You need to have at least 50 USD or 50 EUR in your account. Try to achieve the highest ratings across all the 3 categories -Gain, Profit Factor, Traded Volume in your region to win exciting prizes
'Prizes
Participants who got the highest ratings across all the 3 categories -Gain, Profit Factor, Traded Volume in their region win exciting prizes. The winners are determined by the overall rank they occupy at the moment the drop in their region arrives. There are 4 regions for the contest world/India/Indonesia/Malaysia’.
In each contest there are 10 winners in each region. The prize distribution is as follows.
First prize goes to the first place winner.
Second prize goes to the Participants who took 2–4 places.
Third prize goes to the Participants who took 5–7 places.
Fourth prize goes to the Participants who took 8–10 places.
The Prizes of the Contest depend on the region.
The Prizes in the global/world region (for a single prize drop):
First prize: Honda Civic
Second prize: 3 × MacBook Air 2019
Third prize: 3 × Samsung Galaxy S20
Fourth prize: 3 × Apple Watch
The Prizes in the India region (for a single prize drop):
First prize: Volkswagen T-Roc
Second prize: 3 × MacBook Air 2020
Third prize: 3 × Samsung Galaxy S20
Fourth prize: 3 × Samsung Galaxy Watch Active2
The Prizes in the Indonesia region (for a single prize drop):
First prize: Mitsubishi Xpander
Second prize: 3 × MacBook Air 2019
Third prize: 3 × Samsung Galaxy A71
Fourth prize: 3 × Samsung Galaxy Watch Active
The Prizes in the Malaysia region (for a single prize drop):
First prize: Honda Civic
Second prize: 3 × MacBook Air 2020
Third prize: 3 × Samsung Galaxy S10
Fourth prize: 3 × Samsung Galaxy Watch
Other terms
1. Procedure for rating calculation for each category
Gain
Gain=(Personal Funds + Amount Withdrawn – Personal Funds When Deposited)/Personal Funds When Deposited × 100%
In this equation, Personal Funds are the Contest Account’s current equity excluding bonuses, Amount Withdrawn is the total amount of money withdrawn from the contest account after its checking in for the contest. Personal Funds When Deposited is equity of the Contest Account (bonus funds not included) at the moment of making a deposit to it.
Profit Factor
Profit Factor = Profit from Trades (in USD) / Loss from Trades (in USD)
Traded Volume
Traded volume = total volume of all trades opened during the contest..
2. Once an account is checked in for the contest, the Participant does not need to repeat this procedure for future rounds of the Contest.
3. 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 or a deposit is made to reach this ammount..
4. 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!
5. All trading strategies and/or EAs are allowed for trading with the Contest Account.
