IronFX | Global Trading Race (31.01.23)

IronFX’s Global Trading Race will take place over 3 months from 17 October 2022 until 31 January 2023.

All New and Existing Clients

Prizes: The traders with the highest % of profit at the end of the competition will win cash prizes from a huge prize pool of $500,000.

Phase	Number of Winners	Minimum Deposit	Prize Pool	Award Prize
1st round	11	$750	$100,000	– 1st Winner – Luxury Car worth $60K (2022 Tesla Model Y). – Next 10 Winners – $4K in cash prize each.
2nd round	11	$1,000	$150,000	-1st Winner – Luxury Car worth $70K (2022 Maserati Levante SUV) + $20K in cash prize. – Next 10 Winners – $6K in cash prize each.
3rd round	11	$2,000	$250,000	– 1st Winner – Luxury Car worth $100K (Porsche Panamera Platinum Edition) + $50K in cash prize. – Next 10 Winners – $10K in cash prize each

By winning a Competition prize, the winners accept that they will participate in various promotional events that IronFX can publicize freely on various venues. Promotional events include, but are not limited to, interviews, photos, listing announcements of their full names, nicknames, country of origin, prizes received, etc.
The Competition winners will be determined as per the below factor(s):

Winning Formula: (Net Profit / Deposits) x 100

Notes:

The winners will be those with the highest profit percentage on the closing of the market on the last day of each phase of the competition.
Net Profit stands for Realized and Unrealized Profit and Loss.
Deposits stand for the total amount deposited during the Competition phase period.
Example A:
– Total Deposits for the period: 7,500 USD
– Net Profit for the Period: 12,000 USD
– Profit % = (Net Profit / Deposits) = (12,000 / 7,500) x 100 = 160%
Example B:
– Total Deposits for the period: 25,000 USD
– Net Profit for the Period: 50,000 USD
– Profit % = (Net Profit / Deposits) = (50,000 / 25,000) x 100 = 200%

For the award prizes to be added to the winners’ trading account, the winners will have to:
a. Meet and must have already passed the IronFX’s compliance procedures and checks; and
b. Provide a detailed report of his/her Competition trading account when and if requested by IronFX.
IronFX will announce the winners of the Competition within 30 days of the completion of the Competition.
For the purposes of the Competition: Prize winners will be awarded based on the profit percentage.
The winners will be able to withdraw the cash prize from their Account, subject to any amounts due to IronFX.
Luxury car prizes mentioned in the above table are provided by 3rd party vendor and may be subject to change. IronFX bears no responsibility and is not liable for the same. Under specific circumstances where there is no availability or if the client prefers, winners may be provided with a cash equivalent amount of the luxury car prize, which will be added to the winners’ trading account.