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 0.8105 12338 143.42
AED/CNH 1.9552 51 0.59
AED/CZK 5.7739 173 2.01
AED/HKD 2.1367 47 0.54
AED/HUF 93.4750 107 1.24
AED/JPY 40.52 247 2.87
AED/MXN 5.1027 20 0.23
AED/RON 1.1890 84 0.98
AED/SAR 1.0213 98 1.14
AED/THB 8.8240 1133 13.17
AED/TRY 11.0132 9 0.11
AED/ZAR 4.8217 21 0.24
AUD/AED 2.3902 42 0.49
AUD/CAD 0.8931 112 1.3
AUD/CHF 0.5217 192 2.23
AUD/CNH 4.6728 21 0.25
AUD/CZK 13.7905 73 0.84
AUD/DKK 4.1785 24 0.28
AUD/HKD 5.1059 20 0.23
AUD/HUF 223.2310 45 0.52
AUD/ILS 2.1898 46 0.53
AUD/JPY 96.84 103 1.2
AUD/MXN 12.2120 8 0.1
AUD/NOK 6.6244 15 0.18
AUD/NZD 1.0918 92 1.06
AUD/PLN 2.3764 42 0.49
AUD/RON 2.8400 35 0.41
AUD/SAR 2.4425 41 0.48
AUD/SEK 6.2932 16 0.18
AUD/SGD 0.8364 120 1.39
AUD/THB 21.0985 474 5.51
AUD/TRY 26.2744 4 0.04
AUD/USD 0.6509 154 1.79
AUD/ZAR 11.5252 9 0.1
AVE/USD 316.2200 32 0.37
BAT/USD 0.1592 628 7.3
BCH/CHF 410.0000 2439 28.35
BCH/EUR 439.9000 2273 26.42
BCH/GBP 381.2500 2623 30.49
BCH/USD 511.2000 1956 22.74
BTC/CHF 94 230.2500 11 0.12
BTC/EUR 101 089.4000 10 0.11
BTC/GBP 87 621.8000 11 0.13
BTC/USD 117 499.5000 9 0.1
CAD/AED 2.6764 37 0.43
CAD/CHF 0.5839 171 1.99
CAD/CNH 5.2322 19 0.22
CAD/CZK 15.4455 65 0.75
CAD/DKK 4.6795 21 0.25
CAD/HKD 5.7170 17 0.2
CAD/HUF 250.0250 40 0.46
CAD/ILS 2.4518 41 0.47
CAD/JPY 108.44 92 1.07
CAD/MXN 13.6537 7 0.09
CAD/NOK 7.4185 13 0.16
CAD/PLN 2.6612 38 0.44
CAD/RON 3.1804 31 0.37
CAD/SAR 2.7339 37 0.43
CAD/SEK 7.0444 14 0.17
CAD/SGD 0.9364 107 1.24
CAD/THB 23.6135 423 4.92
CAD/TRY 29.4293 3 0.04
CAD/USD 0.7285 14 0.16
CAD/ZAR 12.9016 8 0.09
CHF/AED 4.5812 22 0.25
CHF/CNH 8.9560 11 0.13
CHF/CZK 26.4388 38 0.44
CHF/DKK 8.0104 12 0.15
CHF/EUR 1.0731 93 1.08
CHF/HKD 9.7886 10 0.12
CHF/HUF 427.9785 23 0.27
CHF/ILS 4.1992 24 0.28
CHF/JPY 185.67 54 0.63
CHF/MXN 23.3715 4 0.05
CHF/NOK 12.7000 8 0.09
CHF/PLN 4.5553 22 0.26
CHF/RON 5.4436 18 0.21
CHF/SAR 4.6787 21 0.25
CHF/SEK 12.0599 8 0.1
CHF/SGD 1.6038 62 0.72
CHF/THB 40.4490 247 2.87
CHF/TRY 50.4323 2 0.02
CHF/USD 1.2472 8 0.09
CHF/ZAR 22.0821 5 0.05
CMP/USD 50.9900 1961 22.8
CNH/CZK 2.9516 339 3.94
CNH/HKD 1.0929 92 1.06
CNH/HUF 47.8140 209 2.43
CNH/JPY 20.72 483 5.61
CNH/MXN 2.6093 38 0.45
CNH/THB 4.5140 2215 25.75
CNH/TRY 5.6300 18 0.21
CNH/ZAR 2.4656 41 0.47
CZK/HUF 16.1993 62 0.72
CZK/JPY 7.02 142 1.66
CZK/THB 1.5302 7 0.08
CZK/TRY 1.9077 5 0.06
DGE/USD 0.2320 43103 501.04
DKK/AED 0.5720 175 2.03
DKK/AUD 0.2393 42 0.49
DKK/CNH 1.1185 89 1.04
DKK/CZK 3.3007 303 3.52
DKK/HKD 1.2221 82 0.95
DKK/HUF 53.4470 187 2.17
DKK/ILS 0.5241 191 2.22
DKK/JPY 23.18 4 0.05
DKK/MXN 2.9180 34 0.4
DKK/RON 0.6797 147 1.71
DKK/SAR 0.5842 171 1.99
DKK/THB 5.0485 1981 23.02
DKK/TRY 6.2963 16 0.18
DKK/ZAR 2.7569 36 0.42
DSH/USD 23.4150 427 4.96
ENJ/USD 0.2115 47281 549.6
ETC/USD 23.0550 4337 50.42
ETH/CHF 2 822.7500 354 4.12
ETH/EUR 3 028.1500 330 3.84
ETH/GBP 2 624.3500 381 4.43
ETH/USD 3 519.3000 284 3.3
EUR/AED 4.2697 23 0.27
EUR/AUD 1.7862 56 0.65
EUR/CAD 1.5952 63 0.73
EUR/CHF 0.9319 107 1.25
EUR/CNH 8.3477 12 0.14
EUR/CZK 24.6353 41 0.47
EUR/DKK 7.4647 13 0.16
EUR/GBP 0.8669 115 1.34
EUR/HKD 9.1227 11 0.13
EUR/HUF 399.1390 25 0.29
EUR/ILS 3.9121 26 0.3
EUR/JPY 172.99 58 0.67
EUR/MXN 21.7816 5 0.05
EUR/NOK 11.8349 8 0.1
EUR/NZD 1.9501 51 0.6
EUR/PLN 4.2449 24 0.27
EUR/RON 5.0737 20 0.23
EUR/SAR 4.3607 23 0.27
EUR/SEK 11.2392 9 0.1
EUR/SGD 1.4944 67 0.78
EUR/THB 37.6840 265 3.08
EUR/TRY 47.0017 2 0.02
EUR/USD 1.1624 86 1
EUR/ZAR 20.5820 5 0.06
GBP/AED 4.9252 20 0.24
GBP/AUD 2.0605 49 0.56
GBP/CAD 1.8402 54 0.63
GBP/CHF 1.0750 93 1.08
GBP/CNH 9.6301 10 0.12
GBP/CZK 28.4222 35 0.41
GBP/DKK 8.6111 12 0.13
GBP/HKD 10.5228 10 0.11
GBP/HUF 460.0920 22 0.25
GBP/ILS 4.5133 22 0.26
GBP/JPY 199.56 50 0.58
GBP/MXN 25.1266 4 0.05
GBP/NOK 13.6528 7 0.09
GBP/NZD 2.2499 44 0.52
GBP/PLN 4.8969 20 0.24
GBP/RON 5.8530 17 0.2
GBP/SAR 5.0299 20 0.23
GBP/SEK 12.9646 8 0.09
GBP/SGD 1.7233 58 0.67
GBP/THB 43.4925 230 2.67
GBP/TRY 54.2167 2 0.02
GBP/USD 1.3410 75 0.87
GBP/ZAR 23.7432 4 0.05
HKD/CZK 2.7007 370 4.3
HKD/HUF 43.7395 229 2.66
HKD/JPY 18.97 5 0.06
HKD/MXN 2.3874 42 0.49
HKD/THB 4.1300 2421 28.15
HKD/TRY 5.1528 19 0.23
HKD/ZAR 2.2555 44 0.52
ILS/AED 1.0912 92 1.07
ILS/CNH 2.1333 47 0.54
ILS/CZK 6.2966 159 1.85
ILS/HKD 2.3317 43 0.5
ILS/HUF 102.1830 98 1.14
ILS/JPY 44.22 226 2.63
ILS/MXN 5.5667 18 0.21
ILS/RON 1.2969 77 0.9
ILS/SAR 1.1144 90 1.04
ILS/THB 9.6420 1037 12.06
ILS/TRY 12.0081 8 0.1
ILS/ZAR 5.2596 19 0.22
JPY/HUF 2.31 43 0.5
LNK/USD 17.5870 569 6.61
LTC/CHF 81.5000 12270 142.63
LTC/EUR 87.4500 11435 132.92
LTC/GBP 75.8000 13193 153.35
LTC/USD 101.6000 9843 114.41
MAN/USD 0.3285 30441 353.85
MAT/USD 0.2345 42644 495.7
MKR/USD 2 000.8750 50 0.58
MXN/CHF 0.0428 234 2.72
MXN/CZK 1.1310 9 0.1
MXN/HUF 18.3279 55 0.63
MXN/JPY 7.93 13 0.15
MXN/THB 1.7303 6 0.07
MXN/TRY 2.1576 46 0.54
NEO/USD 6.8450 14609 169.82
NOK/AED 0.3605 277 3.22
NOK/CNH 0.7050 142 1.65
NOK/CZK 2.0819 480 5.58
NOK/DKK 0.6307 159 1.84
NOK/HKD 0.7708 130 1.51
NOK/HUF 33.7110 297 3.45
NOK/ILS 0.3305 303 3.52
NOK/JPY 14.62 7 0.08
NOK/MXN 1.8404 54 0.63
NOK/RON 0.4285 233 2.71
NOK/SAR 0.3683 271 3.16
NOK/SEK 0.9496 105 1.22
NOK/THB 3.1850 3140 36.5
NOK/TRY 3.9715 25 0.29
NOK/ZAR 1.7387 58 0.67
NZD/AED 2.1894 46 0.53
NZD/AUD 0.9159 11 0.13
NZD/CAD 0.8180 122 1.42
NZD/CHF 0.4778 209 2.43
NZD/CNH 4.2795 23 0.27
NZD/CZK 12.6342 79 0.92
NZD/DKK 3.8276 26 0.3
NZD/HKD 4.6770 2138 24.85
NZD/HUF 204.5130 49 0.57
NZD/ILS 2.0061 50 0.58
NZD/JPY 88.70 113 1.31
NZD/MXN 11.1695 9 0.1
NZD/NOK 6.0680 16 0.19
NZD/PLN 2.1767 46 0.53
NZD/RON 2.6016 38 0.45
NZD/SAR 2.2365 45 0.52
NZD/SEK 5.7619 17 0.2
NZD/SGD 0.7660 131 1.52
NZD/THB 19.3300 517 6.01
NZD/TRY 24.0958 4 0.05
NZD/USD 0.5959 168 1.95
NZD/ZAR 10.5535 9 0.11
PLN/AED 1.0051 99 1.16
PLN/CNH 1.9663 51 0.59
PLN/CZK 5.8043 172 2
PLN/DKK 1.7585 57 0.66
PLN/HKD 2.1490 47 0.54
PLN/HUF 93.9540 106 1.24
PLN/ILS 0.9214 109 1.26
PLN/JPY 40.75 245 2.85
PLN/MXN 5.1307 19 0.23
PLN/NOK 2.7880 36 0.42
PLN/RON 1.1952 84 0.97
PLN/SAR 1.0273 97 1.13
PLN/SEK 2.6477 38 0.44
PLN/THB 8.8745 11 0.13
PLN/TRY 11.0725 9 0.1
PLN/ZAR 4.8485 21 0.24
RON/CNH 1.6453 61 0.71
RON/CZK 4.8561 206 2.39
RON/HKD 1.7981 56 0.65
RON/HUF 78.6435 127 1.48
RON/JPY 34.10 293 3.41
RON/MXN 4.2931 23 0.27
RON/THB 7.4270 1346 15.65
RON/TRY 9.2631 11 0.13
RON/ZAR 4.0566 25 0.29
SAR/CNH 1.9139 52 0.61
SAR/CZK 5.6492 177 2.06
SAR/HKD 2.0922 48 0.56
SAR/HUF 91.5335 109 1.27
SAR/JPY 39.68 252 2.93
SAR/MXN 4.9939 20 0.23
SAR/RON 1.1633 86 1
SAR/THB 8.6405 1157 13.45
SAR/TRY 10.7753 9 0.11
SAR/ZAR 4.7191 21 0.25
SEK/AED 0.3798 263 3.06
SEK/CNH 0.7427 135 1.57
SEK/CZK 2.1923 456 5.3
SEK/DKK 0.6642 151 1.75
SEK/HKD 0.8117 123 1.43
SEK/HUF 35.4975 282 3.27
SEK/ILS 0.3480 287 3.34
SEK/JPY 15.40 6 0.08
SEK/MXN 1.9379 52 0.6
SEK/RON 0.4514 222 2.57
SEK/SAR 0.3880 258 3
SEK/THB 3.3510 2984 34.69
SEK/TRY 4.1802 24 0.28
SEK/ZAR 1.8308 55 0.63
SGD/AED 2.8576 35 0.41
SGD/CNH 5.5867 18 0.21
SGD/CZK 16.4910 61 0.7
SGD/DKK 4.9963 20 0.23
SGD/HKD 6.1045 16 0.19
SGD/HUF 267.0350 37 0.44
SGD/ILS 2.6187 38 0.44
SGD/JPY 115.81 86 1
SGD/MXN 14.5783 7 0.08
SGD/NOK 7.9217 13 0.15
SGD/PLN 2.8413 35 0.41
SGD/RON 3.3958 29 0.34
SGD/SAR 2.9184 34 0.4
SGD/SEK 7.5272 13 0.15
SGD/THB 25.2220 396 4.61
SGD/TRY 31.4599 3 0.04
SGD/ZAR 13.7753 7 0.08
THB/HUF 10.5873 9 0.11
THB/JPY 4.59 22 0.25
TRX/USD 0.3250 308 3.58
TRY/AUD 0.0381 263 3.05
TRY/HUF 8.4885 1178 13.69
TRY/JPY 3.68 2720 31.61
TRY/SEK 0.2392 418 4.86
TRY/THB 0.8019 125 1.45
UNI/USD 10.0970 990 11.51
USD/AED 3.6710 27 0.32
USD/AUD 1.5363 7 0.08
USD/CAD 1.3727 73 0.85
USD/CHF 0.8018 125 1.45
USD/CNH 7.1815 14 0.16
USD/CZK 21.1960 47 0.55
USD/DKK 6.4207 16 0.18
USD/EUR 0.8603 12 0.14
USD/GBP 0.7457 13 0.16
USD/HKD 7.8478 13 0.15
USD/HUF 343.3260 29 0.34
USD/ILS 3.3659 30 0.35
USD/JPY 148.81 67 0.78
USD/MXN 18.7373 5 0.06
USD/NOK 10.1861 10 0.11
USD/NZD 1.6781 60 0.69
USD/PLN 3.6524 27 0.32
USD/RON 4.3648 23 0.27
USD/SAR 3.7521 27 0.31
USD/SEK 9.6687 10 0.12
USD/SGD 1.2855 78 0.9
USD/THB 32.4100 31 0.36
USD/TRY 40.3911 2 0.03
USD/ZAR 17.7063 6 0.07
UST/CHF 0.8051 124 1.44
UST/EUR 0.8633 116 1.35
UST/GBP 0.7456 134 1.56
UST/USD 1.0001 100 1.16
XLM/CHF 0.3694 271 3.15
XLM/EUR 0.3963 252 2.93
XLM/GBP 0.3435 291 3.38
XLM/USD 0.4606 217 2.52
XMR/USD 183.5400 54 0.63
XRP/USD 3.4150 2928 34.04
XTZ/USD 1.2200 81967 952.79
YFI/USD 5 980.9000 167 1.94
ZAR/CZK 1.1971 835 9.71
ZAR/HUF 19.3875 516 6
ZAR/JPY 8.40 1190 13.83
ZAR/MXN 1.0586 94 1.1
ZAR/THB 1.8295 5466 63.54
ZAR/TRY 2.2841 44 0.51

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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