The Rules of the Contest Series “Formula - FX”

Contest time

The contest “Formula-FX” takes place each even week. The contest begins at 3:00 on Monday and ends an 1:00 on Saturday. The carrying out the trading transactions is allowed till 21:00 Friday. The time is pointed out according to the Northern Time Zone (GMT 00).

Terms and Condotions

Each person can take part in the contest “Formula-FX”. All you need is to fill in the registration form. . Participation requests are accepted till 23:59 of each Sunday byserver timebefore the day contest begins.

The demo-account on sum 1000USD is opened for each participant.

Attention: ПWhile filling in the fields of the registration form you must write your real personal data. In the case of winning the personal information of the winner will be requested, which will be compared with the information in the request form. The strict data verification is called for struggle against extra charges and repeated registrations.

The Contest Rules

1. The contest winners will become those person who will have the most high rating.
2. Each participant can have only one trading account.
3. The transactions on the contest accounts can be carried out from the contest beginning till its finish. The types of contracts available for purchasing are intrarday.
4. There are no limitations on the quantity of the simultaneously opened items. .
5. There are no also limitations on the volume of carried out transactions. But any attempts to work with two accounts simultaneously will disqualify the participant.
6. The additional conditions: each participant recognizes the right of the company to publish the statement of the transactions on his trading account to a common access right after contest end.

Rating Calculation

1. After the first day of the contest at 1:00 on Tuesday the balances on all accounts become fixed. The rating of each participant equals to the balance on his account.
2) Ater the second day the rating of each participant is raised according to the size of balance at the time 1:00 Wednesday.
3) Ater the third day the rating of each participant is raised according to the size of balance at the time1:00 Thirsday.
4) Ater the fourth day the rating of each participant is raised according to the size of balance at the time 1:00 Friday.
5) Ater the fifth day the rating of each participant is raised according to the size of balance at the time 1:00 Saturday.
The time is pointed atthe server timezone (GMT 00).

Sample: If at the time 1:00 on Tuesday there were 600 USD on the balance of the participant, at the time 1:00 on Wednesday – 900USD, at the time 1:00 on Thirsday – 1300 USD, at the time 1:00 on Friday – 1100 USD, at the time 1:00 on Saturday – 1400USD, then his total rating will be:
600 +
600 + 900 +
600 + 900 + 1300 +
600 + 900 + 1300 + 1100 +
600 + 900 + 1300 + 1100 + 1400 =
= 14100

The Winner Prizes

The prizes will be distributed among the winners in the next way:

• The first place – 300 USD
• The second place – 250 USD
• The third place – 200 USD
• The forth place – 150 USD
• The fifth place – 100 USD

The main prize for the first place is not allowed for taking off, however the profit, gained above the prize sum, can be taken off without any limitations. All the consolatory prizes are available for taking off the accounts.

Prize Receiving

The prize sum is extra charged on the separate real trading account.

If you don’t have trading account in the Corsa Capital Company, you will need to pass the standard procedure for creating the account.

When the account will be created, it will be replenished with the sum of the prize.

Register for the contest