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Windsor
Brokers Ltd is pleased to announce the
2nd Real MICRO
Trading Competition
Participants
of this Micro Competition will not only have the opportunity to assess
their trading skills through a Real Micro Trading Account but will also
have the chance to win Real
Standard Trading Accounts that amount to a total of US$10,000!
The
Competition period is starting on Thursday
15th of May 2008 and will continue for three
months,
ending on Friday 15th
of August
2008.
Any New and/or
any Existing Real Micro Trading Account that receives a Net funding of at
least US$ 100 in a single transaction within the defined competition
trading period, will as of that date, automatically enter the Micro
Competition.
*Please
note that funds may be withdrawn at anytime upon client’s
request.
The
top three participants will win Real Standard Trading Accounts worth: US$
5,000 (1st Prize), US $3,000 (2nd Prize) and US$
2,000 (3rd Prize).
It is not only about the Prize – it is about
the challenge!
To
open a Real Micro Account, and/or for any inquiries regarding the Real
Micro Trading Competition, please contact our Sales Team:
Email: customerservices@windsorbrokersltd.com
Telephone:
00357-25-500500 CallBack
Request: Click here
We want to
take this opportunity to wish all participants
Good Luck and Successful trading with Windsor
!
1. Competition
trading period
The
competition will begin at 00:00 hrs Cyprus Local time on Thursday
15th of May 2008, and will continue for three months
ending on Friday 15th of August 2008 at 23:59 hrs
Cyprus local time (GMT+3).
2. Competition
Entry
Any New or any
Existing Real Micro Trading Account that receives a Net funding of at
least US$ 100 in a single transaction, within the defined competition
trading period, will automatically enter the Micro Competition as of the
date that the account was funded.
3. Determination
of the winner*
When
the competition is over, at the end of the three trading months (23:59 hrs
Cyprus local time on the 15th of August 2008), the top
three accounts with the highest percent return on investment (Net Equity /
Total Incoming Funds) will be the winners. “Net Equity” means final equity
minus initial equity and “Total Incoming Funds” means all deposits
including Initial Equity and excluding Withdrawals.
Example No. 1:
Competitor A (New)
- Opening of Account 18th May
US$ 200
- New Deposit on 25th
May US$ 150
- Withdrawal on 10th
June US$ 50
Total Incoming
Funds = US$ 200 + US$ 150 = US$ 350
If the equity
of Competitor A account on Friday,
15th of August (end of competition) at 23:59 hrs is
US$ 3000, then Net Equity/Total
Incoming Funds:
(3000 – 0) / 350 x 100 =
857%
Example No. 2:
Competitor B (Existing)
- Opening of Account 15th
February US$ 100
- Deposit
on 30th May US$ 100 (Date
participant B joins the competition)
Total
Incoming Funds = US$ 100
If
the equity of Competitor B account on Friday, 15th of August
(end of competition) at 23:59 hrs is US$ 1000, and if for
example the Initial Equity (equity of the account prior to the day
participant B joined the competition) 29th of May was $150,
then Net Equity / Total Incoming
Funds:
(1000
- 150) / (100 + 150) meaning
850 / 250 x 100 = 340%
The winner in
this case, is participant A.
If
any two participants have the same percent return on investment, the
winner will be the one who closed a higher number of lots.
* Accounts
that have closed less than 50 micro lots, within this Real
Micro Trading Competition, will not be
taken into consideration while determining
winners.
4. Prize
The
Top 3 participants will win Real Standard Trading Accounts
worth US$ 5,000, US$
3,000 and US$ 2,000 for the
1st, 2nd and 3rd prize
respectively.
For
opening a Real Standard Trading Accounts, the above three winners will be
required to provide Windsor
with the following documentation:
- Valid
true copy of passport certified
from a certifying officer as a true copy of the original;
- Proof
of the address
(P.O. Box is not enough), i.e. recent utility bill, Bank Statement or
any other official document confirming that the address provided is
correct. Please note that in the Customer Account Application it is
necessary to write the full style address (country, city, area, street,
house number, name of the building).
- Full
Contact Details
(telephone, fax numbers, e-mail address).
- Bank
account details
(including bank name and address as well as account number with the
bank).
*
Winners
of the Real Standard Trading Accounts will be entitled to withdraw funds
from their Accounts once they have closed a minimum of 75 Lots
(1st Winner), 50 Lots (2nd Winner) and 25 Lots
(3rd Winner).
5. Use
of Competition for promotional purposes
Participants
must be willing to let their trading record be published and/or
distributed by Windsor, its Business Introducers, and
successors during and after the life of the competition. If the winners
refuse to release their trading records they will loose the right to
obtain the prize.
6. Disentitlement
In
case of any discretion in trading, overleveraging, misuse of Orders where
“scalping” may be involved, such transactions will be removed from the
Client’s account.
Windsor
reserves the right to disqualify
any participant found in violation of the rules of the competition or
applying inappropriate trading strategies.
7. Communication
delays
Windsor
shall not be responsible for any delays in the acceptance and/or
transmission of orders due to a breakdown and/or failure of transmission
and/or communication facilities, and/or for any other cause beyond their
reasonable control or anticipation.
8. Postponement
or cancellation
Windsor,
in its sole discretion, reserves the right to extend the trading period
and/or to postpone the starting date and/or to cancel the competition
and/or to reject
any participant’s application if determined that such action is reasonable
and/or necessary.
9. Competition
trading rules
All
participants fulfilling the requirements will have the same opportunity.
Windsor
reserves the right to amend, waive or interpret any rule during and after
this Real Micro Trading Competition. Kindly note that participants may
request for their competition accounts to be rechecked within two working
days after the announcement of the competition results. Any requests received after the
above mentioned period will not be taken into consideration and the
published results will be finalized.
It is not only about the Prize – it
is about the challenge!
Windsor
Brokers Ltd |