Excel Markets Trading Contest

Contest Rules and Information:

1. On the Metatrader client terminal, you will login to the server 'ExcelMarketsNZ-Demo'.
2. Trading on trading platform is disabled until the contest begins.  If you are logged into platform when we enable trading, you will need to logout and then login again to be able to trade.
3. Prizes are in USD Cash, there are no additional requirements to collect the cash prize besides placing 1st-10th in the contest: 1st Place $3000, 2nd  Place $1250, 3rd Place $400, 4th Place $250 and 5th through 10th receive $100. The people with the highest equity gain at the end of the contest win.
4. Participants who meet or exceed 50% drawdown will be disqualified.  Drawdown is calculated based on peak to valley equity, thus new account highs will impact drawdown tolerance.
5. Leverage on all accounts will be set to 1:100 for the duration of the contest with margin calls set to 100% of required margin.
6. Winners will be contacted after the contest ends by registered email address to collect payment info.
7. Any participant intentionally hitting the demo price feed off market will be disqualified.  Please inquire in the forum if you need clarification.
8. At contest end, open positions will be marked to market in order to calculate final metrics and placement.  You will be trading with 10,000 USD fake money.
9. We reserve the right to disqualify any participant at our sole discretion.
10. It is the winner’s responsibility to provide us with payment information. Prizes not claimed within 30 days of contest end will be cancelled.
11. One entry per household.  We will track and enforce this using several tracking methods.
12. You may change the password on your trading account from the one assigned by default, however you will need to edit your stats account and input the new password so our system can connect and download your trading records.  You may edit your stats account by going to My Account > My Trading Accounts and click the edit icon for the contest trading account.
13. Winners will be contacted by email and must provide us with information that will allow us to pay the prize amount by either bank transfer, Paypal, or Liberty Reserve.  There is no requirements to furnish identification etc. as prizes are cash and you do not need to open a trading account to collect the prize.  Any fees associated with payment will be deducted from winnings.  Winners must respond to us within 30 days of contest end date to collect their prize otherwise the prize will become forfeited.
14. All Forex Razor stats accounts associated with contest demo trading accounts will be automatically suspended after the contest is completed, however you will continue to be able to trade on the Excel Markets demo trading account, and the Forex Razor stats account can be easily manually unsuspended from the My Accounts > My Trading Accounts tab if you would like to continue to track performance.  Excel Markets Demo accounts expire only if they are not logged into for 365 consecutive days.

To register for the contest you need to be logged in.  Good Luck!