How to enter the 2020 Platinum Forex Trading Challenge?

All you have to do for your chance to win one of three prizes up to $1,000 USD is complete the opt-in form above. Then, when you receive your Contest Account from us, simply complete a minimum of three Indices or Share CFD trades. The three accounts with the highest floating or realised account equity will receive one of three huge cash prizes!

Please ensure you read the terms and conditions below to ensure eligibility, or clientservices@platinumtradingacademy.com to find out more.

Contest Terms and Conditions

The Demo Contest is contest offered by Platinum Trading Academy to its Clients under the following Terms and Conditions, and is available only to demo contest accounts.

1. Introduction

The Demo Contest is available to all of Platinum FX’s Clients who have satisfied the criteria for this Demo Contest as set out in paragraph 1.2. of the Demo Contest Terms and Conditions.

For a Client to be eligible to participate in the Demo Contest he/she MUST enrol via the Demo Contest registration page.

Eligible registrants will receive two demo accounts as per below.

1. Test Account: Will be sent to the registered email address of each participant to familiarise themselves with the trading platform. Test accounts will be provided during the registration period only. Any registrations submitted after 6pm, 2nd of August 2020 will not receive a Test Account.
2. Contest Account: Will be sent to the registered email address of each participant and will be used towards the prize calculations. A Contest Account will be sent to the registered email address of each participant by 2nd of August 2020

The Client hereby acknowledges, confirms and accepts to be legally bound by the Terms and Conditions as set out in this Demo Contest and/or any other legally binding Agreement between him/her and the Company.

2. Registration and Trading Period

Demo Contest registration period:

Trading period: starts: 08:00:00 3rd of August 2020

3. Terms and Conditions

All registrants MUST use the Contest Account provided by Platinum FX.

The Demo Contest can only be applied to 1 (one) account per Client.

Initial virtual deposit is 10,000 USD.

The Client must complete a minimum of 3 (three) transactions during the trading period. Trades executed on accounts other than the Demo Contest accounts will not contribute to the contest.

Only orders placed on Indices and Share CFD products will be counted for the purpose of this Demo Contest.

At the end of the trading period, any open and closed positions will be included in the profit gain formula.

The profit gain formula used to determine the top 3 winners for each trading period is used to determine the contest ranking system. The formula is: Realised profits/losses + unrealised profits/losses.

The Prize funds are awarded as account credit only. The Client may withdraw the prize funds as well as any profits generated from if he/she meets requirements stipulated in section 4.3 below.

4. Prize and Trading Volume Requirements

The top 3 performers will be aware with the following:

1. 1st Prize $1,000 Credited in a Live Account;
2. 2nd Prize $750 Credited in a Live account;
3. 3rd Prize $250 Credited in a Live Account.

The prize funds will be credited in a Live Trading Account providing that the Account is fully approved by the Company. Live account information, including the registered name, email, and mobile number MUST match the registration information in your contest demo account.

To withdraw the prize funds:

1. 1st prize winner must complete a minimum of 10 (ten) trades in Indices and Stock CFDs;
2. 2nd prize winner must complete a minimum of 5 (five) trades in Indices and Stock CFDs;
3. 3rd winner must complete a minimum of 3 (three) trades in Indices and Stock CFDs.?

5. Acknowledgments

It is the Client’s sole responsibility to provide accurate information when submitting the registration form. Platinum Trading Academy will not be liable for any loss which may be suffered as a result of incorrect registration information.

By claiming and accepting a Demo Contest prize, each winner agrees for their name to be used for marketing and promotional purposes on the Company’s website (to be specified and carried out at the sole discretion of the Company).

By participating in the contest, participants authorise the Company to announce the results and their names on the Company’s website.

By registering and participating in the Demo Contest, the Client confirms that he/she has read, understood and agreed to be bound by the Terms and Conditions of the Demo Contest and any other Terms and Conditions of the Company that may apply.

6. Termination, Review and Amendment

The Company may require verification documents (such as Proof of Address, Proof of Identity etc.) in order to approve a Client’s application in the Demo Contest.

In the event that an official winner(s) of the Demo Contest fails to fulfill the Company’s Live Account KYC requirements, the winner(s) will be automatically disqualified.

The Company reserves the right to disqualify any contestant in the event that any prohibited trading activities are undertaken within any of the contestant’s trading account or/and any other account related to it.

If the Company suspects or has reason to believe that a Client has submitted fraudulent details and/or false identification information during registration for the Demo Contest and/or during the Account Opening Process for opening a Live Account with the Company, the Company reserves the right at its absolute discretion to disqualify the Client from this Demo Contest and/or any other contest or Promotion offered by the Company.

If the Company suspects or has reason to believe that a Client has abused and/or manipulated in any way any of the Terms and Conditions of this Demo Contest and/or any other contest or Promotion of the Company and/or has not acted in good faith, the Company reserves the right at its absolute discretion to (i) withdraw and/or withhold any winning prize from the Client and/or (ii) disqualify the Client from this Demo Contest and/or any other contest or Promotion offered by the Company with immediate effect.

If the Company suspects or has reason to believe that a Client has abused and/or manipulated any of the Terms and Conditions of this Demo Contest and/or any other Contest or Bonus Program or Promotion offered by the Company, by hedging his positions internally (using other trading accounts held with Company) or externally (using other trading accounts held with other brokers) and/or has not acted in good faith, the Company reserves the right, at its absolute discretion and without obtaining the Client’s consent, to remove the Demo Contest from the Client’s Trading Account(s) or from his winning hedged Accounts and/or withdraw and/or withhold any winning prize from the Client with immediate effect.

The Company reserves the right to decline any application to participate the contest at its sole discretion, without the need to provide any justification or explain the reasons for such a decline.

The Company reserves the right, at its absolute discretion, to unilaterally modify, change or terminate the Contest or any of the Terms and Conditions included herein, at any time without the Client’s consent.