Contest Rules

• The Contest is open to individuals who are at least 18 years of age completed at the starting point of the Contest and have reached the age of majority in the jurisdiction of their residence.
• This Contest is open for both existing and new sign ups with LIRUNEX LIMITED.
• Registration for the Contest begins on 1 March 2021 and shall remain open until 01 April 2021.
• Registration for this Contest and/or entry in the Contest constitutes your agreement to these Rules and you will not be eligible for the prize unless you agree to these Rules.
• To enter the Contest, entrant must register to join via the Contest Entry Form by 01 April 2021.
• The Contest demo account will be issued and sent by LIRUNEX LIMITED via Email automatically upon Contest Entry Form submission.
• In order to be eligible of the Contest, participant is required to provide the real personal data (full name, contact details and e-mail) in registration. Failure to provide with the above information will resulted in disqualification of the participation from the Contest.
• Participant is allowed to have only ONE (1) Contest demo account. Subsequent entries will not be eligible for contest demo account.
• The Contest is available to trade forex pairs, commodities, indices, and shares only.
• Contest demo account will have trading conditions as below stated:
  • Account Type – LX-ECN
  • Initial Balance Amount – 10,000 USD
  • Leverage: 1:50
  • All trading techniques or EA’s are allowed.
  Minimum requirements in Contest trades:
  • Stop-Loss/Take Profit – 10 Points
  • Minimum Lot – 10 Lots
  • Minimum Order – 10 Orders
• LIRUNEX LIMITED will reset all Contest demo accounts to begin with $10,000 before the Contest begins. All open positions will be automatically liquidated at the close of the Contest.
• First Round of the Contest starts on 7 April 2021 to 9 April 2021. Top 30 participants will be selected to the Final which will held on 15 April 2021 to 16 April 2021.
• The Contest results will be revealed at the end of the Final via Zoom live streaming on 16 April 2021, 9PM (GMT+8).
• Participants agreed to grant LIRUNEX LIMITED the consent to publishing their trading history and/or activity upon registration of participation in the contest. Personal Information of participants are governed under LIRUNEX LIMITED Privacy Policy.

Contest Prizes

• Total prize with amounts of 1,000 USD will be distributed among the three (3) winners as stated below:
  • First Prize: 500 USD
  • Second Prize: 300 USD
  • Third Prize: 200 USD
• Top 3 contestants with highest account balance will be held as winners at the end of the contest period.
• In any case(s) of Two (2) or more Contest winners shared equal account balance at the end of the Contest, the respective prize in rank will be split equally among the contestants in rank.

Granting the Prizes Policy

• LIRUNEX LIMITED will credit the winners’ trading accounts within 30 business day after the Contest has ended.
• For the award prize to be added into the winner’s trading account, the winner will have to:
  a. provide the required documentation (i.e. proof of identification and address) to LIRUNEX LIMITED; the details provided during the registration in the Contest have to be the same with the details in the documentation provided;
  b. his real account application has successfully been verified by LIRUNEX LIMITED.
  c. provide the login and password that was initially sent by LIRUNEX LIMITED to the Contest participant when he/she registers for the Contest demo account.
• By winning the Contest prize, the winners accept that they will participate in various promotional events that will be publicly announced in various websites, including but not limited to, LIRUNEX LIMITED website and social media platforms.
• Prizes will be provided in Credit forms and it cannot be withdrawn. Profits can be withdraw any time after completion of 3 Standard Lots.

Other Conditions

• LIRUNEX LIMITED has the sole discretion to disqualify any participant or winner found in violation of the Contest Rules.
• LIRUNEX LIMITED reserves the rights to made changes to Contest date at any time without prior notice.
• LIRUNEX LIMITED reserves the rights to cancel or postpone the Contest at any time without prior notice.
• LIRUNEX LIMITED reserves the rights of to call for decisions in all disputes. Decisions by LIRUNEX LIMITED are final and cannot be contested.
• LIRUNEX LIMITED reserves the rights to change, modify, and/or amend the Terms and Conditions at any point of time without prior notice.