Terms and conditions

READ THE FOLLOWING TERMS AND CONDITIONS (the “T&C”) CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION ABOUT YOUR RIGHTS AND OBLIGATIONS IN RELATIONS WITH DUKASCOPY

Filosofia do Concurso

Before starting trading in the Contest it is recommended to read the Philosophy of the Contest. To win the Trader contest a participant needs to achieve the following goals:

  1. To reach the maximum profit within 1 month with the maximum loss limit of 100’000 USD.
  2. To attract other traders to copy trades generated by the contestant’s trading strategies by showing them outstanding quality of trading.
Additionally Dukascopy expects from participants:
  1. To show long-term consistent trading results (6 and 12 months respective).
  2. To explain the idea of the trading strategy and the decision behind each action to other traders.

The Trader Contest should be considered as trading within the monthly limit of 100,000 US dollars renewable each month. The loss of all funds during the contest month should be considered as loss of monthly limit rather than loss of all funds on regular trading account.

Um dos objetivos do concurso é atrair outros traders a copiar negociações dos participantes. Número de subscrições é um fator importante para ganhar o prêmio.

Participating in the Trader contest automatically means participating in the Signal Provider Grand Prix with additional prizes! Each month five traders with the highest average profitability in six-month and/or 12-month nomination will compete for additional money prizes. Moreover, the best trader in the 12-month nomination will be awarded a 2,000 USD money prize and the title of the Trader of the Year. Keep in mind that the long term contest (Grand Prix) is based on the two criteria – your equity growth and draw-down.

Scalping and using high leverage are not welcome in the Contest. The set of rules was introduced to encourage predictability, explanations and the ability to reproduce (copy) the trades of the contestants. To ensure this, the rules of the contest contain specific trading conditions and restrictions. Also, one of the main ideas of the rules is to reduce possible cheating.

O Concurso Trader é o lugar onde todos os participantes podem promover-se como Tradrs e tornarem-se populares. Negoceie, ganhe, crie um histórico e use-o para se apresentar. O Concurso de Negociação é um ótimo lugar para fazer uma carreira de negociação!

Modelo do concurso

Dukascopy Trader Contest (the "Contest") is a forex competition between participants using DEMO accounts for manual trading only (the "Participants"). Any forms of automated trading are forbidden. Several trading limitations are designed to make the competition more fair and analytical.

Participants are expected to keep a register of their trading activity: write blog posts about their deals, trading methods, expectations, thoughts behind the deals, trading plans and other related to the Participant’s trading information. Plagiarism is strictly forbidden. The amount of the quoted text must correspond with the purpose of citing.

The posts of each participant are displayed in “Trader's blog” section on his contest page and also in Community Blog and are tagged “Trader's blog”. The quality and accuracy of these records will be beneficial for obtaining more blog points from Contest’s moderator.

Final ranking of participant represents the sum of points for pure trading performance, copied volume by the signal subscribers, quality of orders and the points for Trader's blog.

Despite the fact the Trader contest leaders table will show participants with less than 60% max draw-down for the current month the traders with higher draw-down can also claim prizes.

The Contest is conducted regularly on a monthly basis. The total prize fund is 28,000$ to be shared among the winners.

Regras de Registo

  1. The Contest is held by Dukascopy ('Dukascopy') on DEMO accounts for manually trading on a regular monthly basis.
  2. For each respective month, registration opens on the 25th day of the previous month and remains available until the 25th day of that month. For example, registration for January 2011 is opened from 25.12.2010 till 25.01.2011
  3. Only persons aged 18 or over are eligible to apply for a registration in the Contest.
  4. Participants agree to provide true information during registration. If a Participant becomes eligible for any prize, information provided during his/her registration will be used for the opening of a live account with Dukascopy in the name of that Participant. In case of information being false, inaccurate or incomplete, Dukascopy may declare the participation in the Contest void at any time and at its sole discretion.
  5. Participant must register under a unique 'Nickname' which can not be used by any third person in the future. Among other, multiple registrations and/or use of proxy servers may result in the relevant Participant's disqualification.
  6. Participants shall acknowledge and agree that their trading history, any picture, personal data, and any other information posted on Dukascopy's Traders Blog are accessible to the public and that Dukascopy does not ensure any confidentiality in this respect whether or not participants already have a live account open with Dukascopy or intend / need to open such live account. Consequently, participants shall waive expressly the benefit of Swiss Banking Secrecy and release Dukascopy from any liability in that respect in the frame of the Trader Contest / Traders Blog.
  7. Participants shall acknowledge and accept that, in case they are awarded with a prize by Dukascopy, they may be asked to participate in promotional events, interviews, public announcements in connection with the Contest and that Dukascopy may make use of their names, trading history and references. Consequently, participants shall waive expressly the benefit of Swiss Banking Secrecy and release Dukascopy from any liability in that respect.
  8. Participants further acknowledge and agree that should they refuse Dukascopy's request to participate in above-mentioned promotional events, Dukascopy has the right to disqualify such participants and to give the respective prize to other participants.
  9. It is forbidden to use any kind of links in the profile pictures. Any sort of advertisement, restricted sensible content is also not allowed. Dukascopy reserves the right to delete the avatar upon detection of this rule's violation.
  10. Login names containing any trademarks of Dukascopy or its products are not allowed. Words like 'Dukascopy', 'SWFX', 'JForex' and other brand names associated with Dukascopy are forbidden.

Regras de Trading

  1. Contest accounts are registered with an initial deposit of USD 100,000.
  2. Trading can be performed using the Java, Android and iPhone/iPad/iPod platforms (no trading possible via web-platform).
  3. The minimum and maximum order size is 100,000 and 5,000,000 currency units respectively.
  4. Only 5 instruments can be opened simultaneously by a Participant.
  5. Only 1 position could be opened at any instrument (if there is already an entry order, there is no possibility to open a market order and vice versa).
  6. The total amount of positions opened during the Contest by one Participant must be at least 10. At the end of the Contest all open positions will be automatically closed 1 hour prior to the settlement.
  7. All positions must have Take Profit (TP) and Stop Loss (SL) orders assigned.
  8. Take profit and Stop Loss levels should not exceed 2% from the opening price for EUR/USD. Limits for the rest instruments recalculating each settlement according to "Pip Conversion Schedule". E.g. Limits for AUD/JPY=(EUR/USD Points/AUD/JPY Points)*2%=1/1.74*2=1.15%; for EUR/NOK=(EUR/USD Points/EUR/NOK Points)*2%=1/0.17*2=11.76%, etc.
  9. TP, SL levels can not initially be set closer than 5 pips either to market price, or to entry price.
  10. It is forbidden to cancel already set SLs and TPs.
  11. All contest trading accounts are subject to the same margin requirements and policies as regular demo accounts. This includes the application of end-of-week leverage (1:30) each Friday, at 18:00 GMT.
Pip Conversion Schedule (by last settlement)
Instrument Rate 1 pip value
$/1Mio$
Points
ADA/USD 0.7225 13841 161.79
AED/CNH 1.9532 51 0.6
AED/CZK 5.7481 174 2.03
AED/HKD 2.1373 47 0.55
AED/HUF 93.1710 107 1.25
AED/JPY 40.14 249 2.91
AED/MXN 5.0788 20 0.23
AED/RON 1.1841 84 0.99
AED/SAR 1.0217 98 1.14
AED/THB 8.8240 1133 13.25
AED/TRY 10.9662 9 0.11
AED/ZAR 4.8880 20 0.24
AUD/AED 2.4156 41 0.48
AUD/CAD 0.9001 111 1.3
AUD/CHF 0.5239 191 2.23
AUD/CNH 4.7173 21 0.25
AUD/CZK 13.8803 72 0.84
AUD/DKK 4.1986 24 0.28
AUD/HKD 5.1631 19 0.23
AUD/HUF 224.8650 44 0.52
AUD/ILS 2.1929 46 0.53
AUD/JPY 96.93 103 1.21
AUD/MXN 12.2636 8 0.1
AUD/NOK 6.6605 15 0.18
AUD/NZD 1.0947 91 1.07
AUD/PLN 2.3998 42 0.49
AUD/RON 2.8592 35 0.41
AUD/SAR 2.4681 41 0.47
AUD/SEK 6.2876 16 0.19
AUD/SGD 0.8422 119 1.39
AUD/THB 21.3275 469 5.48
AUD/TRY 26.4199 4 0.04
AUD/USD 0.6577 152 1.78
AUD/ZAR 11.7942 8 0.1
AVE/USD 304.2250 33 0.38
BAT/USD 0.1462 684 8
BCH/CHF 426.1500 2347 27.43
BCH/EUR 457.5500 2186 25.55
BCH/GBP 396.3500 2523 29.49
BCH/USD 534.7000 1870 21.86
BTC/CHF 93 837.0500 11 0.12
BTC/EUR 100 751.7500 10 0.12
BTC/GBP 87 278.2500 11 0.13
BTC/USD 117 738.7000 8 0.1
CAD/AED 2.6830 37 0.44
CAD/CHF 0.5819 172 2.01
CAD/CNH 5.2407 19 0.22
CAD/CZK 15.4162 65 0.76
CAD/DKK 4.6641 21 0.25
CAD/HKD 5.7336 17 0.2
CAD/HUF 249.9980 40 0.47
CAD/ILS 2.4356 41 0.48
CAD/JPY 107.69 93 1.09
CAD/MXN 13.6180 7 0.09
CAD/NOK 7.4041 14 0.16
CAD/PLN 2.6682 37 0.44
CAD/RON 3.1747 31 0.37
CAD/SAR 2.7412 36 0.43
CAD/SEK 6.9864 14 0.17
CAD/SGD 0.9356 107 1.25
CAD/THB 23.6995 422 4.93
CAD/TRY 29.3470 3 0.04
CAD/USD 0.7305 14 0.16
CAD/ZAR 13.1071 8 0.09
CHF/AED 4.6106 22 0.25
CHF/CNH 9.0036 11 0.13
CHF/CZK 26.4882 38 0.44
CHF/DKK 8.0126 12 0.15
CHF/EUR 1.0739 93 1.09
CHF/HKD 9.8531 10 0.12
CHF/HUF 429.5300 23 0.27
CHF/ILS 4.1856 24 0.28
CHF/JPY 185.04 54 0.63
CHF/MXN 23.4067 4 0.05
CHF/NOK 12.7221 8 0.09
CHF/PLN 4.5844 22 0.25
CHF/RON 5.4565 18 0.21
CHF/SAR 4.7106 21 0.25
CHF/SEK 12.0038 8 0.1
CHF/SGD 1.6077 62 0.73
CHF/THB 40.6795 246 2.87
CHF/TRY 50.5309 2 0.02
CHF/USD 1.2553 8 0.09
CHF/ZAR 22.5189 4 0.05
CMP/USD 47.5750 2102 24.57
CNH/CZK 2.9416 340 3.97
CNH/HKD 1.0943 91 1.07
CNH/HUF 47.7055 210 2.45
CNH/JPY 20.56 486 5.69
CNH/MXN 2.5992 38 0.45
CNH/THB 4.5185 2213 25.87
CNH/TRY 5.6124 18 0.21
CNH/ZAR 2.5009 40 0.47
CZK/HUF 16.2134 62 0.72
CZK/JPY 6.99 143 1.67
CZK/THB 1.5349 7 0.08
CZK/TRY 1.9076 5 0.06
DGE/USD 0.2065 48426 566.07
DKK/AED 0.5754 174 2.03
DKK/AUD 0.2382 42 0.49
DKK/CNH 1.1238 89 1.04
DKK/CZK 3.3058 303 3.54
DKK/HKD 1.2297 81 0.95
DKK/HUF 53.6055 187 2.18
DKK/ILS 0.5224 191 2.24
DKK/JPY 23.09 4 0.05
DKK/MXN 2.9204 34 0.4
DKK/RON 0.6809 147 1.72
DKK/SAR 0.5879 170 1.99
DKK/THB 5.0790 1969 23.02
DKK/TRY 6.3066 16 0.19
DKK/ZAR 2.8115 36 0.42
DSH/USD 22.1150 452 5.29
ENJ/USD 0.2115 47281 552.69
ETC/USD 18.5100 5402 63.15
ETH/CHF 2 372.2000 422 4.93
ETH/EUR 2 547.0500 393 4.59
ETH/GBP 2 206.4000 453 5.3
ETH/USD 2 976.4500 336 3.93
EUR/AED 4.2937 23 0.27
EUR/AUD 1.7775 56 0.66
EUR/CAD 1.6000 62 0.73
EUR/CHF 0.9312 107 1.26
EUR/CNH 8.3843 12 0.14
EUR/CZK 24.6645 41 0.47
EUR/DKK 7.4619 13 0.16
EUR/GBP 0.8665 115 1.35
EUR/HKD 9.1761 11 0.13
EUR/HUF 399.9760 25 0.29
EUR/ILS 3.8979 26 0.3
EUR/JPY 172.32 58 0.68
EUR/MXN 21.7961 5 0.05
EUR/NOK 11.8467 8 0.1
EUR/NZD 1.9459 51 0.6
EUR/PLN 4.2689 23 0.27
EUR/RON 5.0818 20 0.23
EUR/SAR 4.3872 23 0.27
EUR/SEK 11.1776 9 0.1
EUR/SGD 1.4971 67 0.78
EUR/THB 37.8980 264 3.08
EUR/TRY 47.0603 2 0.02
EUR/USD 1.1689 86 1
EUR/ZAR 20.9718 5 0.06
GBP/AED 4.9551 20 0.24
GBP/AUD 2.0513 49 0.57
GBP/CAD 1.8463 54 0.63
GBP/CHF 1.0747 93 1.09
GBP/CNH 9.6750 10 0.12
GBP/CZK 28.4692 35 0.41
GBP/DKK 8.6113 12 0.14
GBP/HKD 10.5910 9 0.11
GBP/HUF 461.5830 22 0.25
GBP/ILS 4.4983 22 0.26
GBP/JPY 198.86 50 0.59
GBP/MXN 25.1530 4 0.05
GBP/NOK 13.6711 7 0.09
GBP/NZD 2.2457 45 0.52
GBP/PLN 4.9264 20 0.24
GBP/RON 5.8640 17 0.2
GBP/SAR 5.0626 20 0.23
GBP/SEK 12.8993 8 0.09
GBP/SGD 1.7280 58 0.68
GBP/THB 43.7965 228 2.67
GBP/TRY 54.3079 2 0.02
GBP/USD 1.3490 74 0.87
GBP/ZAR 24.2024 4 0.05
HKD/CZK 2.6880 372 4.35
HKD/HUF 43.5880 229 2.68
HKD/JPY 18.78 5 0.06
HKD/MXN 2.3749 42 0.49
HKD/THB 4.1295 2422 28.31
HKD/TRY 5.1284 19 0.23
HKD/ZAR 2.2862 44 0.51
ILS/AED 1.1013 91 1.06
ILS/CNH 2.1515 46 0.54
ILS/CZK 6.3289 158 1.85
ILS/HKD 2.3543 42 0.5
ILS/HUF 102.7025 97 1.14
ILS/JPY 44.21 226 2.64
ILS/MXN 5.5912 18 0.21
ILS/RON 1.3035 77 0.9
ILS/SAR 1.1255 89 1.04
ILS/THB 9.7300 1028 12.01
ILS/TRY 12.0741 8 0.1
ILS/ZAR 5.3826 19 0.22
JPY/HUF 2.32 43 0.5
LNK/USD 15.5455 643 7.52
LTC/CHF 76.4500 13080 152.9
LTC/EUR 82.0500 12188 142.47
LTC/GBP 71.1000 14065 164.41
LTC/USD 95.9000 10428 121.89
MAN/USD 0.3115 32103 375.26
MAT/USD 0.2340 42735 499.55
MKR/USD 1 935.2200 52 0.6
MXN/CHF 0.0427 234 2.74
MXN/CZK 1.1319 9 0.1
MXN/HUF 18.3598 54 0.64
MXN/JPY 7.91 13 0.15
MXN/THB 1.7386 6 0.07
MXN/TRY 2.1589 46 0.54
NEO/USD 6.2700 15949 186.43
NOK/AED 0.3623 276 3.23
NOK/CNH 0.7082 141 1.65
NOK/CZK 2.0825 480 5.61
NOK/DKK 0.6298 159 1.86
NOK/HKD 0.7746 129 1.51
NOK/HUF 33.7640 296 3.46
NOK/ILS 0.3290 304 3.55
NOK/JPY 14.55 7 0.08
NOK/MXN 1.8399 54 0.64
NOK/RON 0.4289 233 2.73
NOK/SAR 0.3703 270 3.16
NOK/SEK 0.9435 106 1.24
NOK/THB 3.1990 3126 36.54
NOK/TRY 3.9719 25 0.29
NOK/ZAR 1.7715 56 0.66
NZD/AED 2.2065 45 0.53
NZD/AUD 0.9135 11 0.13
NZD/CAD 0.8222 122 1.42
NZD/CHF 0.4783 209 2.44
NZD/CNH 4.3096 23 0.27
NZD/CZK 12.6747 79 0.92
NZD/DKK 3.8347 26 0.3
NZD/HKD 4.7155 2121 24.79
NZD/HUF 205.5390 49 0.57
NZD/ILS 2.0031 50 0.58
NZD/JPY 88.56 113 1.32
NZD/MXN 11.1998 9 0.1
NZD/NOK 6.0880 16 0.19
NZD/PLN 2.1938 46 0.53
NZD/RON 2.6114 38 0.45
NZD/SAR 2.2543 44 0.52
NZD/SEK 5.7441 17 0.2
NZD/SGD 0.7693 130 1.52
NZD/THB 19.4735 514 6
NZD/TRY 24.1799 4 0.05
NZD/USD 0.6008 166 1.95
NZD/ZAR 10.7785 9 0.11
PLN/AED 1.0067 99 1.16
PLN/CNH 1.9660 51 0.59
PLN/CZK 5.7789 173 2.02
PLN/DKK 1.7490 57 0.67
PLN/HKD 2.1510 46 0.54
PLN/HUF 93.7465 107 1.25
PLN/ILS 0.9139 109 1.28
PLN/JPY 40.37 248 2.9
PLN/MXN 5.1092 20 0.23
PLN/NOK 2.7766 36 0.42
PLN/RON 1.1911 84 0.98
PLN/SAR 1.0283 97 1.14
PLN/SEK 2.6184 38 0.45
PLN/THB 8.8835 11 0.13
PLN/TRY 11.0296 9 0.11
PLN/ZAR 4.9162 20 0.24
RON/CNH 1.6502 61 0.71
RON/CZK 4.8553 206 2.41
RON/HKD 1.8062 55 0.65
RON/HUF 78.7105 127 1.49
RON/JPY 33.91 295 3.45
RON/MXN 4.2898 23 0.27
RON/THB 7.4580 1341 15.67
RON/TRY 9.2612 11 0.13
RON/ZAR 4.1271 24 0.28
SAR/CNH 1.9117 52 0.61
SAR/CZK 5.6235 178 2.08
SAR/HKD 2.0919 48 0.56
SAR/HUF 91.1985 110 1.28
SAR/JPY 39.29 255 2.98
SAR/MXN 4.9688 20 0.24
SAR/RON 1.1585 86 1.01
SAR/THB 8.6370 1158 13.53
SAR/TRY 10.7282 9 0.11
SAR/ZAR 4.7807 21 0.24
SEK/AED 0.3840 260 3.04
SEK/CNH 0.7503 133 1.56
SEK/CZK 2.2071 453 5.3
SEK/DKK 0.6676 150 1.75
SEK/HKD 0.8211 122 1.42
SEK/HUF 35.7830 279 3.27
SEK/ILS 0.3488 287 3.35
SEK/JPY 15.42 6 0.08
SEK/MXN 1.9504 51 0.6
SEK/RON 0.4548 220 2.57
SEK/SAR 0.3925 255 2.98
SEK/THB 3.3935 2947 34.45
SEK/TRY 4.2106 24 0.28
SEK/ZAR 1.8768 53 0.62
SGD/AED 2.8681 35 0.41
SGD/CNH 5.6007 18 0.21
SGD/CZK 16.4800 61 0.71
SGD/DKK 4.9844 20 0.23
SGD/HKD 6.1294 16 0.19
SGD/HUF 267.1550 37 0.44
SGD/ILS 2.6036 38 0.45
SGD/JPY 115.12 87 1.02
SGD/MXN 14.5595 7 0.08
SGD/NOK 7.9128 13 0.15
SGD/PLN 2.8495 35 0.41
SGD/RON 3.3945 29 0.34
SGD/SAR 2.9302 34 0.4
SGD/SEK 7.4648 13 0.16
SGD/THB 25.3170 395 4.62
SGD/TRY 31.4318 3 0.04
SGD/ZAR 14.0092 7 0.08
THB/HUF 10.5593 9 0.11
THB/JPY 4.55 22 0.26
TRX/USD 0.3018 331 3.87
TRY/AUD 0.0379 264 3.09
TRY/HUF 8.5010 1176 13.75
TRY/JPY 3.66 2731 31.93
TRY/SEK 0.2375 421 4.92
TRY/THB 0.8053 124 1.45
UNI/USD 8.8000 1136 13.28
USD/AED 3.6706 27 0.32
USD/AUD 1.5204 7 0.08
USD/CAD 1.3689 73 0.85
USD/CHF 0.7966 126 1.47
USD/CNH 7.1727 14 0.16
USD/CZK 21.1020 47 0.55
USD/DKK 6.3834 16 0.18
USD/EUR 0.8555 12 0.14
USD/GBP 0.7413 13 0.16
USD/HKD 7.8499 13 0.15
USD/HUF 342.2165 29 0.34
USD/ILS 3.3342 30 0.35
USD/JPY 147.43 68 0.79
USD/MXN 18.6452 5 0.06
USD/NOK 10.1292 10 0.12
USD/NZD 1.6644 60 0.7
USD/PLN 3.6486 27 0.32
USD/RON 4.3471 23 0.27
USD/SAR 3.7525 27 0.31
USD/SEK 9.5594 10 0.12
USD/SGD 1.2807 78 0.91
USD/THB 32.4100 31 0.36
USD/TRY 40.1815 2 0.03
USD/ZAR 17.9407 6 0.07
UST/CHF 0.7967 126 1.47
UST/EUR 0.8557 117 1.37
UST/GBP 0.7411 135 1.58
UST/USD 0.9999 100 1.17
XLM/CHF 0.2936 341 3.98
XLM/EUR 0.3152 317 3.71
XLM/GBP 0.2730 366 4.28
XLM/USD 0.3684 271 3.17
XMR/USD 183.5400 54 0.64
XRP/USD 2.7590 3625 42.37
XTZ/USD 1.2200 81967 958.15
YFI/USD 5 680.9500 176 2.06
ZAR/CZK 1.1759 850 9.94
ZAR/HUF 19.0725 524 6.13
ZAR/JPY 8.22 1216 14.22
ZAR/MXN 1.0395 96 1.12
ZAR/THB 1.8095 5526 64.6
ZAR/TRY 2.2438 45 0.52

Principais limitações

  1. Every Participant should have only one unique nickname and email linked with his/her personal details, which will be used for the account opening with Dukascopy in case of awarding of a Contest prize.
  2. Only Participants who have a positive balance more than 100,000 may claim to be awarded by any of the prizes.
  3. Trader’s blog posts should not be shorter than 50 words and may be written in any language. In case post contains picture or chart the limitation lowers to 20 words.
  4. Use of offensive or abusive language may cause disqualification from Dukascopy Community and Contest.
  5. Official results of every month will be published during 2 weeks.
  6. Dukascopy reserves the right to set a 1-day ban to any contest participant or community user in case of continuous breaches of contest rules. A permanent disqualification can be applied if a serious violation is detected.

Regras de Cálculo de Ranking

Cada mês, a tabela de pontuação é formada com base em 4 critérios, com uma pontuação total máxima de 303-306 pontos:

  1. Performance - real aumento de capital. Máximo - 200 pontos.

  2. Signal subscribers - nomination consists of 2 components:

    • DEMO - cumulative traded volumes copied by the DEMO signal subscribers active in Social Trading contest are taken into account. Restriction: the copied volume is counted if signal subscriber has subscribed to at least 5 providers. Maximum 15 points.
    • LIVE - cumulative traded volumes copied by the LIVE signal subscribers are taken into account. Maximum 10 points.

  3. Orders quality - volume-weighted share of trades made with conditional orders. It is calculated as a ratio of the traded volume made with conditional orders to the total traded volume. Conditional orders include pending Entry orders, SL and TP orders. Maximum – 50 points.
  4. Trader’s blog - The score entered by a moderator for the quality and accuracy of the posts with "Trader's blog" tag. Maximum 28-31 points (depends on the number of days in the current month).

According to the places in nomination 'Performance' ,the Participants will gain points from 200 till 1 in the following sequence: (1) 200, (2) 180, (3) 170, (4) 165, (5) 160, (6) 159, (7) 158, ... (164) 1.

For 'Signal subscribers' points are assigned linearly.

  • DEMO: (1) 15, (2) 14, (3) 13, ... (15) 1.
  • LIVE: (1) 10, (2) 9, (3) 8, ... (10) 1.

The 'Order's quality' evaluation is obtained from the volume-weighted share of trades made with conditional orders. The percentage of such trades is then multiplied by the maximum score – 50 points. E.g. 90% of conditional volumes – 45 points, 50% - 25 points, etc.

Moderators are checking the Trader's blog for all participants, that shall not post more than 1 time per day. 1 post per 1 day is counted and the maximum points depend on the number of days in the particular month. The Contest moderator decides whether to assign points for the posts or not. Posting of spam, senseless posts, plagiarism and over-citing will be punished by assigning -1 point for each post. The rule “1 post per 1 day is counted” is not applied for spam-posts.

Please notice: At equal quantity of points, the preference will be given to the trader with the latest date of registration in the Contest.


Only Participants with real positive increase of capital can be treated as Contest nominees.
The winners with higher than 60% of max draw-down can also claim prizes.

Regras de Prémios

  1. The total prize pool of USD 28,000 is distributed among 30 winners of the Contest in the following manner:
    • 1st place and nomination 'The Trader of the Month' - 6,000 USD.
    • 2nd place - 3,500 USD
    • 3rd place - 2,500 USD
    • 4th place - 2,000 USD
    • 5th-6th place - 1,500 USD
    • 7th-10th places - 1,000 USD
    • 11th-20th places - 500 USD
    • 21st-30th places - 200 USD
  2. The contest winners may withdraw their cash prizes and the profits generated from their cash prizes on their respective sub-accounts after meeting the minimum turnover requirement. The minimum turnover requirement constitutes 2.5 million USD for every 100 USD won in the contest.:
    • 1st place - 150 million USD
    • 2nd place - 87.5 million USD
    • 3rd place - 62.5 million USD
    • 4th place - 50 million USD
    • 5th-6th place - 37.5 million USD
    • 7th-10th places - 25 million USD
    • 11th-20th places - 12.5 million USD
    • 21th-30th places - 5 million USD
  3. Participants are allowed to withdraw funds in full only when there are no blocked prizes on the account. Profit can only be withdrawn when there are no blocked prizes on the account.

    If there are both blocked and unblocked prizes:
    • participants are only allowed to withdraw the sum of unblocked prizes;
    • only the positive difference between equity and sum of blocked funds can be withdrawn;
    • the sum of withdrawn funds can't exceed the sum of unblocked funds.
  4. Top-3 position winners are required to take part in one broadcast of Dukascopy Community TV. Broadcasts are open-format and Participants have the opportunity of presenting the trading strategies and principles that lead them to success in the particular contest, taking part in the discussion of one of the open discussion of the Live TV or suggesting another topic of their interest related to Forex/Economics/Trading psychology etc.

    The broadcast is to be carried within one calendar month after the end of the contest month. Dukascopy representatives will be in contact with every of the winners to appoint a commonly convenient time for the broadcast.

    The only device Participants need to take part in the web-broadcast is a microphone and a web-cam. Broadcasts are held in English. Cases when the prize winner does not master English at a sufficient level will be solved on an individual basis: either by outsourcing an interpreter or via other individual solutions.
  5. If Participant does not have a live account with Dukascopy, then he/she should proceed to the live account opening procedure in a regular way. If Participant does not comply with live account opening requirements, Dukascopy reserves the right to cancel the cash prize.
  6. Cash prizes may be credited only to a live sub-account open with Dukascopy in the name of the relevant Participant.
  7. LIVE accounts which are credited with prize money are considered LIVE Prize accounts. LIVE Prize accounts can be credited only with cash prize money. Clients are not allowed crediting their own funds on this type of account.
  8. Prizes may only be credited to sub-accounts which are not linked to any Business Introducer. If needed, Dukascopy opens new sub-accounts not linked to the Participants’ Business Introducers, if any, and credit the prize(s) on such new sub-accounts.
  9. If a Participant already has a Live account but has not yet any open sub-account, Dukascopy opens a sub-account in the Participant’s reference currency and credits the prize(s) on this sub-account.
  10. Save contrary and valid preliminary written instruction of the Participant, Dukascopy converts the prize(s) into the currency of the sub-account on which the prize(s) shall be credited in application of the present “Prizes and Awarding Rules”. Such conversion is subject to fees as per the fee schedule posted on Dukascopy’s website.
  11. In case of Participant's refusal to participate in promotional events, interviews, public announcements in connection with the Contest, Dukascopy has the right to disqualify such Participant and give the respective prize to another Participant.

Fair Play

  1. Participants acknowledge and agree to make efforts to respect the principles of Fair Play.
  2. Participants must refrain from any dishonest and unfair conduct even if these activities are not fully described within the framework of the Contest rules.
  3. Such activities include, but are not limited to:
    • Registration of persons that are directly or indirectly related to other Participant
    • Various team tactics that include consolidation of Participants into a group with a purpose to get a statistical advantage on one of the accounts
    • Trading in opposite directions within one or more accounts
    • Spamming in private messages and comments
    • Any kind of manipulations with Orders quality points and other statistics
    • Other activities used to get an unfair advantage over other Participants

6/12 estatísticas para Grande Prémio de Provedor de Sinal

  1. Total pip-points gained – The number of pip-points (EUR/USD pips equivalent) scored during the given statistical period.
  2. Avg. pip-points outcome from all positions – The average number of EUR/USD pips equivalent points gained/lost on all positions opened during the given statistical period.
  3. Most profitable trade – The number of EUR/USD pips equivalent points gained on the most profitable position opened during the given statistical period.
  4. Worst trade - The number of EUR/USD pips equivalent points lost on the most detrimental position opened during the given statistical period.
  5. Avg. pip-points gain on positive positions - The average number of EUR/USD pips equivalent points gained on all positive positions opened during the given statistical period.
  6. Avg. pip-points lost on negative positions - The average number of EUR/USD pips equivalent points lost on all negative positions opened during the given statistical period.
  7. Number of trades – Total number of trades conducted during the given statistical period.
  8. Avg. position size (USD) – The average size of a position opened during the given statistical period, in USD.
  9. Avg. trade time – The average duration of all positions opened during the given statistical period. From opening to closure.
  10. Maximum drawdown (%) – Maximum equity's depreciation, calculated as the percentage between the highest equity value and the lowest one during the given statistical period.
  11. Number of drawdowns – Total number of consecutive equity contractions during the given statistical period.
  12. Volume-weighted share of trades conducted with conditional orders – calculated as a ratio of the Traded volume made with conditional orders to the Total traded volume. These include entry pending orders, Stop-Loss and Take-Profit orders.
  13. Win/Loss ratio – Ratio of positive vs. negative positions opened during the given statistical period.

Gráficos

  1. Cumulative Profit/Loss dynamics - The chart is based on the continuous sum of periodic profits & losses. Starts from zero although traders actually start their trading with an initial deposit of 100,000 USD every month.
  2. Contest standings – Current rank of the trader in the respective period’s (1 month, 6 month or 1 year) standings of the Trader contest.
  3. Performance – Historical profit & loss results along a selected statistical period. Shown in pip points (EUR/USD pips equivalent).
  4. Traded volumes – Volumes traded historically during a selected statistical period. Shown in USD.
  5. Instruments – Distribution of instruments the trader uses for trading.

Outras regras e políticas

  1. Dukascopy reserves the right to use any kind of information posted by Participants within the framework of the Contest for its own purposes without prior coordination and approval from the authors. These purposes may include any kind of promotional activities or publicity campaigns, statistics collection etc.
  2. Dukascopy reserves the right to disqualify a Participant, to change the Contest rules, requirements and awards, without prior notice and at any time and at its sole discretion.

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