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Lucky Trader contest period
Contests
The Lucky Trader contest is held every two weeks from 00:00 terminal time on Monday till 23:59:59 terminal time on Friday.
Lucky Trader prize fund
Contests
The size of the prize fund of each contest is 3,000 USD distributed among the winners in the following way:1 prize – 1000 USD2 prize – 750 USD3 prize – 500 USD4 prize – 250 USD5 prize – 200 USD6 prize – 150 USD7 prize – 100 USD8 prize – 50...
Registration period for the Lucky Trader contest
Contests
You can register for the next two-week contest during the course of the current contest.
Requirements for the Lucky Trader contestants
Contests
1. Clients over 18 years old have a right to participate in the contest2. Each contestant should be registered on the InstaTrade website.3. The contestant opens a separate DEMO account to participate in each two-week contest.4. The contesta...
Special trading conditions of the Lucky Trader contest
Contests
1. A contestant receives a DEMO account after registration in the contest.2. The minimum deposit is 30,000.00 USD or all participants and cannot be changed.3. Leverage is 1:500.4. All orders opened at non-market prices are subject to cancel...
Publication of the Lucky Trader results
Contests
1. The amount of funds on the participants’ accounts is available for public access on the Company’s website during the entire contest.2. The Company reserves the right to publish the history of the participants’ accounts after the end of t...
Determination of the Lucky Trader winners
Contests
To determine the winners of the Lucky Trader contests, the Company uses a rating, which is calculated by summing up profits for all positive trades and subtracting losses for all negative trades. However, there is only one limitation: a con...
Receiving the prize won in the Lucky Trader contest
Contests
The winners should open and verify accounts within 30 consecutive days after the contest results are announced. The prize funds will be credited to a verified live trading account of the client.The Company will send a notification to the pa...
Rating calculation for the Lucky Trader contest
Contests
Each InstaTrade client taking part in Lucky Trader can estimate his/her rating during the contest period. For that, go to Calculate the rating section on the website to see your current rating....
Disqualification from the Lucky Trader contest
Contests
The rating is updated every 5 minutes. The balance is updated every minute. This is related to the fact that the information in the account does not have time to synchronize with the database in time. Therefore, if a participant closes a de...