Whether you’re a beginner or experienced trader, you can get rewarded with Formax though the simulated trading contest with $50,000 in prizes to be won.

Eligibility:

The bonus is available for all Formax demo account holders.

Dates Available:

Registration is from 2015.07.05 04:00 – 2015.08.01 04:00(GMT+0). The contest will run from 2015.07.12 22:00 – 2015.08.08 02:00(GMT+0).

Prize Pool:

• 1st Place: $3000 (1 winner)
• 2nd Place: $1000 (3 winners)
• 3rd Place: $500 (6 winners)
• 4th Place: $100 (90 winners)

How to Participate:

1. Visit the contest page for registration.
2. Sign up to Enter the Contest!

Terms and Conditions:

1. Each participant is limited to one prize per contest.
2. The starting money of all demo account is the net value at the time of match beginning.
3. Demo account net funds should not less than 1,000 USD when registered. Once the account is less than 1,000 USD, the system will present whether to simulate add money.
4. All accounts leverage will be defaulted as 1:100.
5. Participants must be at least 18 years old.
6. Formax holds the right to suspend or terminate the contest at any time.
7. Formax reserves the right of final interpretation.
8. The winners’ usernames and trading results will be announced at the end of the contest on https://copyfx.jrq.com/.
9. Please apply for the Bonus in the Contest page after it ended, the prize money will be deposited into the winners existing or new real trading account with Formax International Market Limited within 7 days. If a winner does not register a real account with Formax within 7 days, the prize will be rendered invalid.
10. Please apply for bonus in 7 days after the contest ends, or it will be invalid.
11. A corresponding number of lots to the reward must be traded within one month, beofe the funds can be withdrawn. If the number of lots traded does not reach its corresponding level, the prize will be written off. (100 lots need to be traded for $3000, 35 lots for $1000, 16 lots for $500, 5 lots for $100)
12. Trades should hold at least 10 minutes (hedging positions not allowed), if not the trading lots will be judged invalid.