GREAT DEMO CONTEST UMOFX

GREAT DEMO CONTEST

The Great UMOFX Demo Contest:

 General Rules:

• This 1st contest is organized by UMOFX will be held every month, and it is a 2 weeks contest from Monday 0:00 GMT to Friday 23:00 GMT. The date will be on every 1st Monday of the month.
• The contest will be officially launched on 1 May 2012.
• Traders who are 18 years old and above are eligible to participate in this great contest.
• All contestants are require to have UMOFX live account before registering the contest. You are not allowed to register multiple account.

 Trading Rules:

• Contestants will be given 10,000usd in the demo account with leverage is set to 1:500.
• You can trade in any currency pairs excluding GOLD.
• You must trade at least 250 standard lot to eligible as a contest winner.
• You may use Expert Advisors (EA) or any trading strategies without limitation. Contestants also can use scalping strategy and close order before 2 minutes time.
• Other than that your trading rules will be based on UMOFX Customer Agreements.
• UMOFX deserves the right to change terms and conditions of the contest. UMOFX has the rights to disqualify any contestant who meet the contest rules violation without prior notification.

 Contest Winner:

• 3 contestants with the highest accumulative equity shall be the winner. 1st Place 250usd, 2nd Place 150usd,100usd.
• Results will be announced approximately 10 days after the contest end and the notification can be seen on UMOFX website.
• In a scenario where 2 contestants get the same highest equity, UMOFX has the rights to choose the lucky winner.
• Prizes will be credited to the winner's live account.
• Other than that your trading rules will be based on UMOFX Customer Agreements.
• UMOFX has the rights to display winner's name and photos on official UMOFX website.

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