Terms and Conditions
Regulations
Contest ConditionsTreasure prop contest
Chapter 1. General conditions, terminology.
1.1 Contest is an event organized by the Company, the purpose of which is to increase the trading activity of customers, gain new experience and draw prizes.
1.2 Round itself is a trading period during which traders, registered in the context, trade with a set of trading instruments established by the rules. The winner of the round is the trader who has achieved the maximum trading result.
1.3 Phase is a stage of the contest, with a limited period, during which trader should achieve all targets to have access to the next stage.
1.4 MAM account is a type of trading account that allows a money manager to manage multiple trading accounts from a single master account.
1.5 Entry fee is a payment for registration and activation of the challenge.
Chapter 2. Details of the contest
2.1 Treasure Prop contest lasts a total of 90 days since the round is started. It has 3 phases, 30 days each, during which the client is obligated to trade according to settled targets.
2.2 The Company determined 3 types of the challenge: Silver, Gold, Platinum. Details of each can be seen in the Attachment to the Agreement. In general The difference between them all are different virtual balance, different targets, different profit sharing scheme.
2.3 The Company determines as the final reward, MAM account with balance 10,000 USD with different proportion between Trader/Company/Investors.
2.4 Final reward is paid by the Company in case if all stages are fulfilled by a trader, TOP-5 is achieved by amount of the profit, trading strategy doesn't violate basic terms and conditions of the Company and no abuse with Prop contest.
2.5 Clients can participate in the contest maximum 5 times but not at the same time with 5 accounts. Means a client can join the contest 5 times but once in the same period and 1 account can be active.
2.6 The Company requests full verification of the client to prevent abuse with challenge and identify every single registered user.
2.7 Although the participation of relatives, including parents, brothers and sisters, husband or wife of the client is not prohibited, but the simultaneous participation in the challenge of persons related to each other, as well as fictitious registration of an account in the name of relatives, with the actual ownership of the account by another person, will be considered a direct violation of the rules of the challenge and can be the reason for disqualification of all relatives.
Chapter 3. Rights and obligations
3.1 The Client is obligated after registration to verify the account in full and pay an entry fee to get access to the Challenge, according to chosen plan Silver, Gold or Platinum.
3.2 The Client has the right to refuse to participate in the contest at any stage and refuse to receive a prize. If the winner of the challenge refuses the prize, the new winner is not set by the Company.
3.3 The Company may require the winning client to write a positive review about the Company, based on the fact that the client has received a successful trading result and a positive experience using the Company's services, and other traders who are still in search of an exciting Prop challenge should find out about it.
3.4 The Company undertakes to notify the client of the victory in the challenge by publishing the winner's name on the website or sending a special message by e-mail specified during registration, and to provide the Company’s part of equity and MAM account itself at the first request of the client declared the winner, if the client fulfills clause 3.3 of this agreement.
3.5 The Company has the right to change the terms of the challenge at its discretion without prior notice to the contest participants.
3.6 The Company has the right to unilaterally suspend the validity of this contest, if necessary.
3.7 The Company is not responsible for the negative consequences for the participant of the contest, in case of suspension of the rates by the decision of the liquidity provider, change in spreads and commissions as well as in case of forced closure of the deal after reaching the stop-out level.
3.8 The Company reserves the right to disqualify the client during the contest, in case of abuse of the company's services, leaving negative reviews and other activities that harm the reputation of the Company.
3.9 In case if a client fails to achieve phase’s target, the Company doesn't return paid entry fee given that service of challenge has been provided and used by client. If a client wishes to try again, a new entry fee is required.