Terms and conditions

READ THE FOLLOWING TERMS AND CONDITIONS (the “T&C”) CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION ABOUT YOUR RIGHTS AND OBLIGATIONS IN RELATIONS WITH DUKASCOPY

Filosofia do Concurso

Before starting trading in the Contest it is recommended to read the Philosophy of the Contest. To win the Trader contest a participant needs to achieve the following goals:

  1. To reach the maximum profit within 1 month with the maximum loss limit of 100’000 USD.
  2. To attract other traders to copy trades generated by the contestant’s trading strategies by showing them outstanding quality of trading.
Additionally Dukascopy expects from participants:
  1. To show long-term consistent trading results (6 and 12 months respective).
  2. To explain the idea of the trading strategy and the decision behind each action to other traders.

The Trader Contest should be considered as trading within the monthly limit of 100,000 US dollars renewable each month. The loss of all funds during the contest month should be considered as loss of monthly limit rather than loss of all funds on regular trading account.

Um dos objetivos do concurso é atrair outros traders a copiar negociações dos participantes. Número de subscrições é um fator importante para ganhar o prêmio.

Participating in the Trader contest automatically means participating in the Signal Provider Grand Prix with additional prizes! Each month five traders with the highest average profitability in six-month and/or 12-month nomination will compete for additional money prizes. Moreover, the best trader in the 12-month nomination will be awarded a 2,000 USD money prize and the title of the Trader of the Year. Keep in mind that the long term contest (Grand Prix) is based on the two criteria – your equity growth and draw-down.

Scalping and using high leverage are not welcome in the Contest. The set of rules was introduced to encourage predictability, explanations and the ability to reproduce (copy) the trades of the contestants. To ensure this, the rules of the contest contain specific trading conditions and restrictions. Also, one of the main ideas of the rules is to reduce possible cheating.

O Concurso Trader é o lugar onde todos os participantes podem promover-se como Tradrs e tornarem-se populares. Negoceie, ganhe, crie um histórico e use-o para se apresentar. O Concurso de Negociação é um ótimo lugar para fazer uma carreira de negociação!

Modelo do concurso

Dukascopy Trader Contest (the "Contest") is a forex competition between participants using DEMO accounts for manual trading only (the "Participants"). Any forms of automated trading are forbidden. Several trading limitations are designed to make the competition more fair and analytical.

Participants are expected to keep a register of their trading activity: write blog posts about their deals, trading methods, expectations, thoughts behind the deals, trading plans and other related to the Participant’s trading information. Plagiarism is strictly forbidden. The amount of the quoted text must correspond with the purpose of citing.

The posts of each participant are displayed in “Trader's blog” section on his contest page and also in Community Blog and are tagged “Trader's blog”. The quality and accuracy of these records will be beneficial for obtaining more blog points from Contest’s moderator.

Final ranking of participant represents the sum of points for pure trading performance, copied volume by the signal subscribers, quality of orders and the points for Trader's blog.

Despite the fact the Trader contest leaders table will show participants with less than 60% max draw-down for the current month the traders with higher draw-down can also claim prizes.

The Contest is conducted regularly on a monthly basis. The total prize fund is 28,000$ to be shared among the winners.

Regras de Registo

  1. The Contest is held by Dukascopy ('Dukascopy') on DEMO accounts for manually trading on a regular monthly basis.
  2. For each respective month, registration opens on the 25th day of the previous month and remains available until the 25th day of that month. For example, registration for January 2011 is opened from 25.12.2010 till 25.01.2011
  3. Only persons aged 18 or over are eligible to apply for a registration in the Contest.
  4. Participants agree to provide true information during registration. If a Participant becomes eligible for any prize, information provided during his/her registration will be used for the opening of a live account with Dukascopy in the name of that Participant. In case of information being false, inaccurate or incomplete, Dukascopy may declare the participation in the Contest void at any time and at its sole discretion.
  5. Participant must register under a unique 'Nickname' which can not be used by any third person in the future. Among other, multiple registrations and/or use of proxy servers may result in the relevant Participant's disqualification.
  6. Participants shall acknowledge and agree that their trading history, any picture, personal data, and any other information posted on Dukascopy's Traders Blog are accessible to the public and that Dukascopy does not ensure any confidentiality in this respect whether or not participants already have a live account open with Dukascopy or intend / need to open such live account. Consequently, participants shall waive expressly the benefit of Swiss Banking Secrecy and release Dukascopy from any liability in that respect in the frame of the Trader Contest / Traders Blog.
  7. Participants shall acknowledge and accept that, in case they are awarded with a prize by Dukascopy, they may be asked to participate in promotional events, interviews, public announcements in connection with the Contest and that Dukascopy may make use of their names, trading history and references. Consequently, participants shall waive expressly the benefit of Swiss Banking Secrecy and release Dukascopy from any liability in that respect.
  8. Participants further acknowledge and agree that should they refuse Dukascopy's request to participate in above-mentioned promotional events, Dukascopy has the right to disqualify such participants and to give the respective prize to other participants.
  9. It is forbidden to use any kind of links in the profile pictures. Any sort of advertisement, restricted sensible content is also not allowed. Dukascopy reserves the right to delete the avatar upon detection of this rule's violation.
  10. Login names containing any trademarks of Dukascopy or its products are not allowed. Words like 'Dukascopy', 'SWFX', 'JForex' and other brand names associated with Dukascopy are forbidden.

Regras de Trading

  1. Contest accounts are registered with an initial deposit of USD 100,000.
  2. Trading can be performed using the Java, Android and iPhone/iPad/iPod platforms (no trading possible via web-platform).
  3. The minimum and maximum order size is 100,000 and 5,000,000 currency units respectively.
  4. Only 5 instruments can be opened simultaneously by a Participant.
  5. Only 1 position could be opened at any instrument (if there is already an entry order, there is no possibility to open a market order and vice versa).
  6. The total amount of positions opened during the Contest by one Participant must be at least 10. At the end of the Contest all open positions will be automatically closed 1 hour prior to the settlement.
  7. All positions must have Take Profit (TP) and Stop Loss (SL) orders assigned.
  8. Take profit and Stop Loss levels should not exceed 2% from the opening price for EUR/USD. Limits for the rest instruments recalculating each settlement according to "Pip Conversion Schedule". E.g. Limits for AUD/JPY=(EUR/USD Points/AUD/JPY Points)*2%=1/1.74*2=1.15%; for EUR/NOK=(EUR/USD Points/EUR/NOK Points)*2%=1/0.17*2=11.76%, etc.
  9. TP, SL levels can not initially be set closer than 5 pips either to market price, or to entry price.
  10. It is forbidden to cancel already set SLs and TPs.
  11. All contest trading accounts are subject to the same margin requirements and policies as regular demo accounts. This includes the application of end-of-week leverage (1:30) each Friday, at 18:00 GMT.
Pip Conversion Schedule (by last settlement)
Instrument Rate 1 pip value
$/1Mio$
Points
ADA/USD 0.9810 10194 106.23
AED/CNH 1.9759 51 0.53
AED/CZK 6.6212 151 1.57
AED/HKD 2.1191 47 0.49
AED/HUF 107.6180 93 0.97
AED/JPY 42.13 237 2.47
AED/MXN 5.5633 18 0.19
AED/RON 1.3003 77 0.8
AED/SAR 1.0218 98 1.02
AED/THB 9.3870 1065 11.1
AED/TRY 9.4157 11 0.11
AED/ZAR 4.9306 20 0.21
AUD/AED 2.3882 42 0.44
AUD/CAD 0.9087 110 1.15
AUD/CHF 0.5813 172 1.79
AUD/CNH 4.7193 21 0.22
AUD/CZK 15.8087 63 0.66
AUD/DKK 4.6542 21 0.22
AUD/HKD 5.0612 20 0.21
AUD/HUF 256.7675 39 0.41
AUD/ILS 2.4142 41 0.43
AUD/JPY 100.62 99 1.04
AUD/MXN 13.2926 8 0.08
AUD/NOK 7.1965 14 0.14
AUD/NZD 1.1142 90 0.94
AUD/PLN 2.7057 37 0.39
AUD/RON 3.1051 32 0.34
AUD/SAR 2.4401 41 0.43
AUD/SEK 7.1751 14 0.15
AUD/SGD 0.8757 114 1.19
AUD/THB 22.4050 446 4.65
AUD/TRY 22.4706 4 0.05
AUD/USD 0.6500 154 1.6
AUD/ZAR 11.7761 8 0.09
AVE/USD 166.8125 60 0.62
BAT/USD 0.2264 442 4.6
BCH/CHF 437.0500 2288 23.85
BCH/EUR 469.0000 2132 22.22
BCH/GBP 389.8500 2565 26.73
BCH/USD 488.4000 2048 21.34
BTC/CHF 88 974.5500 11 0.12
BTC/EUR 95 482.0000 10 0.11
BTC/GBP 79 394.5500 13 0.13
BTC/USD 99 481.2000 10 0.1
CAD/AED 2.6280 38 0.4
CAD/CHF 0.6396 156 1.63
CAD/CNH 5.1929 19 0.2
CAD/CZK 17.3973 57 0.6
CAD/DKK 5.1198 20 0.2
CAD/HKD 5.5681 18 0.19
CAD/HUF 282.4950 35 0.37
CAD/ILS 2.6565 38 0.39
CAD/JPY 110.65 90 0.94
CAD/MXN 14.6205 7 0.07
CAD/NOK 7.9172 13 0.13
CAD/PLN 2.9776 34 0.35
CAD/RON 3.4174 29 0.3
CAD/SAR 2.6853 37 0.39
CAD/SEK 7.8943 13 0.13
CAD/SGD 0.9631 104 1.08
CAD/THB 24.6670 405 4.22
CAD/TRY 24.7141 4 0.04
CAD/USD 0.7153 14 0.15
CAD/ZAR 12.9558 8 0.08
CHF/AED 4.1086 24 0.25
CHF/CNH 8.1193 12 0.13
CHF/CZK 27.1987 37 0.38
CHF/DKK 8.0043 12 0.13
CHF/EUR 1.0733 93 0.97
CHF/HKD 8.7052 11 0.12
CHF/HUF 441.6210 23 0.24
CHF/ILS 4.1527 24 0.25
CHF/JPY 173.09 58 0.6
CHF/MXN 22.8599 4 0.05
CHF/NOK 12.3790 8 0.08
CHF/PLN 4.6561 21 0.22
CHF/RON 5.3426 19 0.2
CHF/SAR 4.1986 24 0.25
CHF/SEK 12.3424 8 0.08
CHF/SGD 1.5061 66 0.69
CHF/THB 38.5605 259 2.7
CHF/TRY 38.6712 3 0.03
CHF/USD 1.1184 9 0.09
CHF/ZAR 20.2613 5 0.05
CMP/USD 55.5650 1800 18.76
CNH/CZK 3.3507 298 3.11
CNH/HKD 1.0723 93 0.97
CNH/HUF 54.4460 184 1.91
CNH/JPY 21.32 469 4.89
CNH/MXN 2.8157 36 0.37
CNH/THB 4.7510 2105 21.94
CNH/TRY 4.7655 21 0.22
CNH/ZAR 2.4955 40 0.42
CZK/HUF 16.2375 62 0.64
CZK/JPY 6.36 157 1.64
CZK/THB 1.4167 7 0.07
CZK/TRY 1.4212 7 0.07
DGE/USD 0.4125 24242 252.64
DKK/AED 0.5133 195 2.03
DKK/AUD 0.2149 47 0.48
DKK/CNH 1.0142 99 1.03
DKK/CZK 3.3979 294 3.07
DKK/HKD 1.0876 92 0.96
DKK/HUF 55.1680 181 1.89
DKK/ILS 0.5188 193 2.01
DKK/JPY 21.62 5 0.05
DKK/MXN 2.8562 35 0.36
DKK/RON 0.6674 150 1.56
DKK/SAR 0.5245 191 1.99
DKK/THB 4.8155 2077 21.64
DKK/TRY 4.8291 21 0.22
DKK/ZAR 2.5315 40 0.41
DSH/USD 29.3110 341 3.56
ENJ/USD 0.2115 47281 492.74
EOS/USD 0.7368 1357 14.15
ETC/USD 28.0600 3564 37.14
ETH/CHF 2 970.1000 337 3.51
ETH/EUR 3 186.5000 314 3.27
ETH/GBP 2 650.7000 377 3.93
ETH/USD 3 320.3500 301 3.14
EUR/AED 3.8265 26 0.27
EUR/AUD 1.6026 62 0.65
EUR/CAD 1.4566 69 0.72
EUR/CHF 0.9317 107 1.12
EUR/CNH 7.5653 13 0.14
EUR/CZK 25.3415 39 0.41
EUR/DKK 7.4583 13 0.14
EUR/GBP 0.8314 120 1.25
EUR/HKD 8.1116 12 0.13
EUR/HUF 411.4425 24 0.25
EUR/ILS 3.8694 26 0.27
EUR/JPY 161.26 62 0.65
EUR/MXN 21.2985 5 0.05
EUR/NOK 11.5331 9 0.09
EUR/NZD 1.7856 56 0.58
EUR/PLN 4.3379 23 0.24
EUR/RON 4.9781 20 0.21
EUR/SAR 3.9118 26 0.27
EUR/SEK 11.4990 9 0.09
EUR/SGD 1.4032 71 0.74
EUR/THB 35.9150 278 2.9
EUR/TRY 36.0175 3 0.03
EUR/USD 1.0422 96 1
EUR/ZAR 18.8776 5 0.06
GBP/AED 4.6048 22 0.23
GBP/AUD 1.9277 52 0.54
GBP/CAD 1.7521 57 0.59
GBP/CHF 1.1206 89 0.93
GBP/CNH 9.0970 11 0.11
GBP/CZK 30.4773 33 0.34
GBP/DKK 8.9701 11 0.12
GBP/HKD 9.7565 10 0.11
GBP/HUF 494.8615 20 0.21
GBP/ILS 4.6542 21 0.22
GBP/JPY 193.96 52 0.54
GBP/MXN 25.6162 4 0.04
GBP/NOK 13.8713 7 0.08
GBP/NZD 2.1476 47 0.49
GBP/PLN 5.2167 19 0.2
GBP/RON 5.9877 17 0.17
GBP/SAR 4.7049 21 0.22
GBP/SEK 13.8311 7 0.08
GBP/SGD 1.6872 59 0.62
GBP/THB 43.1880 232 2.41
GBP/TRY 43.3327 2 0.02
GBP/USD 1.2532 80 0.83
GBP/ZAR 22.7055 4 0.05
HKD/CZK 3.1243 320 3.34
HKD/HUF 50.7185 197 2.05
HKD/JPY 19.88 5 0.05
HKD/MXN 2.6263 38 0.4
HKD/THB 4.4285 2258 23.53
HKD/TRY 4.4429 23 0.23
HKD/ZAR 2.3277 43 0.45
ILS/AED 0.9894 101 1.05
ILS/CNH 1.9550 51 0.53
ILS/CZK 6.5503 153 1.59
ILS/HKD 2.0962 48 0.5
ILS/HUF 106.6935 94 0.98
ILS/JPY 41.68 240 2.5
ILS/MXN 5.5053 18 0.19
ILS/RON 1.2865 78 0.81
ILS/SAR 1.0110 99 1.03
ILS/THB 9.3045 1075 11.2
ILS/TRY 9.3302 11 0.11
ILS/ZAR 4.8810 20 0.21
IOT/USD 0.1920 52083 542.79
JPY/HUF 2.55 39 0.41
LNK/USD 15.7745 634 6.61
LTC/CHF 80.9500 12353 128.74
LTC/EUR 86.8500 11514 119.99
LTC/GBP 72.2500 13841 144.24
LTC/USD 90.5000 11050 115.15
MAN/USD 0.4385 22805 237.66
MAT/USD 0.4865 20555 214.21
MKR/USD 1 627.0250 61 0.64
MXN/CHF 0.0437 229 2.38
MXN/CZK 1.1901 8 0.09
MXN/HUF 19.3005 52 0.54
MXN/JPY 7.57 13 0.14
MXN/THB 1.6844 6 0.06
MXN/TRY 1.6918 59 0.62
NEO/USD 13.3700 7479 77.95
NOK/AED 0.3319 301 3.14
NOK/CNH 0.6557 153 1.59
NOK/CZK 2.1973 455 4.74
NOK/DKK 0.6466 155 1.61
NOK/HKD 0.7034 142 1.48
NOK/HUF 35.6770 280 2.92
NOK/ILS 0.3355 298 3.11
NOK/JPY 13.98 7 0.07
NOK/MXN 1.8463 54 0.56
NOK/RON 0.4316 232 2.41
NOK/SAR 0.3391 295 3.07
NOK/SEK 0.9971 100 1.05
NOK/THB 3.1115 3214 33.49
NOK/TRY 3.1226 32 0.33
NOK/ZAR 1.6364 61 0.64
NZD/AED 2.1437 47 0.49
NZD/AUD 0.8975 11 0.12
NZD/CAD 0.8158 123 1.28
NZD/CHF 0.5218 192 2
NZD/CNH 4.2356 24 0.25
NZD/CZK 14.1924 70 0.73
NZD/DKK 4.1765 24 0.25
NZD/HKD 4.5430 2201 22.94
NZD/HUF 230.4505 43 0.45
NZD/ILS 2.1669 46 0.48
NZD/JPY 90.29 111 1.15
NZD/MXN 11.9263 8 0.09
NZD/NOK 6.4590 15 0.16
NZD/PLN 2.4294 41 0.43
NZD/RON 2.7878 36 0.37
NZD/SAR 2.1904 46 0.48
NZD/SEK 6.4401 16 0.16
NZD/SGD 0.7859 127 1.33
NZD/THB 20.1035 497 5.18
NZD/TRY 20.1670 5 0.05
NZD/USD 0.5835 171 1.79
NZD/ZAR 10.5701 9 0.1
PLN/AED 0.8828 113 1.18
PLN/CNH 1.7439 57 0.6
PLN/CZK 5.8418 171 1.78
PLN/DKK 1.7191 58 0.61
PLN/HKD 1.8701 53 0.56
PLN/HUF 94.8555 105 1.1
PLN/ILS 0.8917 112 1.17
PLN/JPY 37.18 269 2.8
PLN/MXN 4.9115 20 0.21
PLN/NOK 2.6590 38 0.39
PLN/RON 1.1469 87 0.91
PLN/SAR 0.9021 111 1.16
PLN/SEK 2.6509 38 0.39
PLN/THB 8.2829 12 0.13
PLN/TRY 8.3085 12 0.13
PLN/ZAR 4.3523 23 0.24
RON/CNH 1.5195 66 0.69
RON/CZK 5.0915 196 2.05
RON/HKD 1.6294 61 0.64
RON/HUF 82.7205 121 1.26
RON/JPY 32.39 309 3.22
RON/MXN 4.2793 23 0.24
RON/THB 7.2165 1386 14.44
RON/TRY 7.2430 14 0.14
RON/ZAR 3.7929 26 0.27
SAR/CNH 1.9337 52 0.54
SAR/CZK 6.4799 154 1.61
SAR/HKD 2.0735 48 0.5
SAR/HUF 105.2695 95 0.99
SAR/JPY 41.22 243 2.53
SAR/MXN 5.4446 18 0.19
SAR/RON 1.2726 79 0.82
SAR/THB 9.1820 1089 11.35
SAR/TRY 9.2149 11 0.11
SAR/ZAR 4.8253 21 0.22
SEK/AED 0.3329 300 3.13
SEK/CNH 0.6577 152 1.58
SEK/CZK 2.2038 454 4.73
SEK/DKK 0.6485 154 1.61
SEK/HKD 0.7054 142 1.48
SEK/HUF 35.7840 279 2.91
SEK/ILS 0.3365 297 3.1
SEK/JPY 14.03 7 0.07
SEK/MXN 1.8523 54 0.56
SEK/RON 0.4328 231 2.41
SEK/SAR 0.3401 294 3.06
SEK/THB 3.1215 3204 33.39
SEK/TRY 3.1320 32 0.33
SEK/ZAR 1.6417 61 0.63
SGD/AED 2.7289 37 0.38
SGD/CNH 5.3916 19 0.19
SGD/CZK 18.0613 55 0.58
SGD/DKK 5.3152 19 0.2
SGD/HKD 5.7806 17 0.18
SGD/HUF 293.1865 34 0.36
SGD/ILS 2.7572 36 0.38
SGD/JPY 114.94 87 0.91
SGD/MXN 15.1803 7 0.07
SGD/NOK 8.2214 12 0.13
SGD/PLN 3.0925 32 0.34
SGD/RON 3.5484 28 0.29
SGD/SAR 2.7880 36 0.37
SGD/SEK 8.1946 12 0.13
SGD/THB 25.5795 391 4.07
SGD/TRY 25.6537 4 0.04
SGD/ZAR 13.4548 7 0.08
THB/HUF 11.4650 9 0.09
THB/JPY 4.49 22 0.23
TRX/USD 0.2034 492 5.12
TRY/AUD 0.0445 225 2.34
TRY/HUF 11.4310 875 9.12
TRY/JPY 4.48 2233 23.27
TRY/SEK 0.3194 313 3.26
TRY/THB 0.9969 100 1.05
UNI/USD 9.4955 1053 10.98
USD/AED 3.6740 27 0.28
USD/AUD 1.5384 7 0.07
USD/CAD 1.3980 72 0.75
USD/CHF 0.8941 112 1.17
USD/CNH 7.2594 14 0.14
USD/CZK 24.3242 41 0.43
USD/DKK 7.1578 14 0.15
USD/EUR 0.9596 10 0.11
USD/GBP 0.7980 13 0.13
USD/HKD 7.7843 13 0.13
USD/HUF 395.2805 25 0.26
USD/ILS 3.7134 27 0.28
USD/JPY 154.77 65 0.67
USD/MXN 20.4399 5 0.05
USD/NOK 11.0708 9 0.09
USD/NZD 1.7139 58 0.61
USD/PLN 4.1631 24 0.25
USD/RON 4.7774 21 0.22
USD/SAR 3.7541 27 0.28
USD/SEK 11.0373 9 0.09
USD/SGD 1.3465 74 0.77
USD/THB 34.4785 29 0.3
USD/TRY 34.5591 3 0.03
USD/ZAR 18.1149 6 0.06
UST/CHF 0.8935 112 1.17
UST/EUR 0.9587 104 1.09
UST/GBP 0.7971 125 1.31
UST/USD 0.9989 100 1.04
XLM/CHF 0.3028 330 3.44
XLM/EUR 0.3249 308 3.21
XLM/GBP 0.2702 370 3.86
XLM/USD 0.3385 295 3.08
XMR/USD 183.5400 54 0.57
XRP/USD 1.4515 6889 71.8
XTZ/USD 1.2200 81967 854.22
YFI/USD 6 415.9500 156 1.62
ZAR/CZK 1.3429 745 7.76
ZAR/HUF 21.8060 459 4.78
ZAR/JPY 8.54 1170 12.2
ZAR/MXN 1.1283 89 0.92
ZAR/THB 1.9025 5256 54.78
ZAR/TRY 1.9090 52 0.55

Principais limitações

  1. Every Participant should have only one unique nickname and email linked with his/her personal details, which will be used for the account opening with Dukascopy in case of awarding of a Contest prize.
  2. Only Participants who have a positive balance more than 100,000 may claim to be awarded by any of the prizes.
  3. Trader’s blog posts should not be shorter than 50 words and may be written in any language. In case post contains picture or chart the limitation lowers to 20 words.
  4. Use of offensive or abusive language may cause disqualification from Dukascopy Community and Contest.
  5. Official results of every month will be published during 2 weeks.
  6. Dukascopy reserves the right to set a 1-day ban to any contest participant or community user in case of continuous breaches of contest rules. A permanent disqualification can be applied if a serious violation is detected.

Regras de Cálculo de Ranking

Cada mês, a tabela de pontuação é formada com base em 4 critérios, com uma pontuação total máxima de 303-306 pontos:

  1. Performance - real aumento de capital. Máximo - 200 pontos.

  2. Signal subscribers - nomination consists of 2 components:

    • DEMO - cumulative traded volumes copied by the DEMO signal subscribers active in Social Trading contest are taken into account. Restriction: the copied volume is counted if signal subscriber has subscribed to at least 5 providers. Maximum 15 points.
    • LIVE - cumulative traded volumes copied by the LIVE signal subscribers are taken into account. Maximum 10 points.

  3. Orders quality - volume-weighted share of trades made with conditional orders. It is calculated as a ratio of the traded volume made with conditional orders to the total traded volume. Conditional orders include pending Entry orders, SL and TP orders. Maximum – 50 points.
  4. Trader’s blog - The score entered by a moderator for the quality and accuracy of the posts with "Trader's blog" tag. Maximum 28-31 points (depends on the number of days in the current month).

According to the places in nomination 'Performance' ,the Participants will gain points from 200 till 1 in the following sequence: (1) 200, (2) 180, (3) 170, (4) 165, (5) 160, (6) 159, (7) 158, ... (164) 1.

For 'Signal subscribers' points are assigned linearly.

  • DEMO: (1) 15, (2) 14, (3) 13, ... (15) 1.
  • LIVE: (1) 10, (2) 9, (3) 8, ... (10) 1.

The 'Order's quality' evaluation is obtained from the volume-weighted share of trades made with conditional orders. The percentage of such trades is then multiplied by the maximum score – 50 points. E.g. 90% of conditional volumes – 45 points, 50% - 25 points, etc.

Moderators are checking the Trader's blog for all participants, that shall not post more than 1 time per day. 1 post per 1 day is counted and the maximum points depend on the number of days in the particular month. The Contest moderator decides whether to assign points for the posts or not. Posting of spam, senseless posts, plagiarism and over-citing will be punished by assigning -1 point for each post. The rule “1 post per 1 day is counted” is not applied for spam-posts.

Please notice: At equal quantity of points, the preference will be given to the trader with the latest date of registration in the Contest.


Only Participants with real positive increase of capital can be treated as Contest nominees.
The winners with higher than 60% of max draw-down can also claim prizes.

Regras de Prémios

  1. The total prize pool of USD 28,000 is distributed among 30 winners of the Contest in the following manner:
    • 1st place and nomination 'The Trader of the Month' - 6,000 USD.
    • 2nd place - 3,500 USD
    • 3rd place - 2,500 USD
    • 4th place - 2,000 USD
    • 5th-6th place - 1,500 USD
    • 7th-10th places - 1,000 USD
    • 11th-20th places - 500 USD
    • 21st-30th places - 200 USD
  2. The contest winners may withdraw their cash prizes and the profits generated from their cash prizes on their respective sub-accounts after meeting the minimum turnover requirement. The minimum turnover requirement constitutes 2.5 million USD for every 100 USD won in the contest.:
    • 1st place - 150 million USD
    • 2nd place - 87.5 million USD
    • 3rd place - 62.5 million USD
    • 4th place - 50 million USD
    • 5th-6th place - 37.5 million USD
    • 7th-10th places - 25 million USD
    • 11th-20th places - 12.5 million USD
    • 21th-30th places - 5 million USD
  3. Participants are allowed to withdraw funds in full only when there are no blocked prizes on the account. Profit can only be withdrawn when there are no blocked prizes on the account.

    If there are both blocked and unblocked prizes:
    • participants are only allowed to withdraw the sum of unblocked prizes;
    • only the positive difference between equity and sum of blocked funds can be withdrawn;
    • the sum of withdrawn funds can't exceed the sum of unblocked funds.
  4. Top-3 position winners are required to take part in one broadcast of Dukascopy Community TV. Broadcasts are open-format and Participants have the opportunity of presenting the trading strategies and principles that lead them to success in the particular contest, taking part in the discussion of one of the open discussion of the Live TV or suggesting another topic of their interest related to Forex/Economics/Trading psychology etc.

    The broadcast is to be carried within one calendar month after the end of the contest month. Dukascopy representatives will be in contact with every of the winners to appoint a commonly convenient time for the broadcast.

    The only device Participants need to take part in the web-broadcast is a microphone and a web-cam. Broadcasts are held in English. Cases when the prize winner does not master English at a sufficient level will be solved on an individual basis: either by outsourcing an interpreter or via other individual solutions.
  5. If Participant does not have a live account with Dukascopy, then he/she should proceed to the live account opening procedure in a regular way. If Participant does not comply with live account opening requirements, Dukascopy reserves the right to cancel the cash prize.
  6. Cash prizes may be credited only to a live sub-account open with Dukascopy in the name of the relevant Participant.
  7. LIVE accounts which are credited with prize money are considered LIVE Prize accounts. LIVE Prize accounts can be credited only with cash prize money. Clients are not allowed crediting their own funds on this type of account.
  8. Prizes may only be credited to sub-accounts which are not linked to any Business Introducer. If needed, Dukascopy opens new sub-accounts not linked to the Participants’ Business Introducers, if any, and credit the prize(s) on such new sub-accounts.
  9. If a Participant already has a Live account but has not yet any open sub-account, Dukascopy opens a sub-account in the Participant’s reference currency and credits the prize(s) on this sub-account.
  10. Save contrary and valid preliminary written instruction of the Participant, Dukascopy converts the prize(s) into the currency of the sub-account on which the prize(s) shall be credited in application of the present “Prizes and Awarding Rules”. Such conversion is subject to fees as per the fee schedule posted on Dukascopy’s website.
  11. In case of Participant's refusal to participate in promotional events, interviews, public announcements in connection with the Contest, Dukascopy has the right to disqualify such Participant and give the respective prize to another Participant.

Fair Play

  1. Participants acknowledge and agree to make efforts to respect the principles of Fair Play.
  2. Participants must refrain from any dishonest and unfair conduct even if these activities are not fully described within the framework of the Contest rules.
  3. Such activities include, but are not limited to:
    • Registration of persons that are directly or indirectly related to other Participant
    • Various team tactics that include consolidation of Participants into a group with a purpose to get a statistical advantage on one of the accounts
    • Trading in opposite directions within one or more accounts
    • Spamming in private messages and comments
    • Any kind of manipulations with Orders quality points and other statistics
    • Other activities used to get an unfair advantage over other Participants

6/12 estatísticas para Grande Prémio de Provedor de Sinal

  1. Total pip-points gained – The number of pip-points (EUR/USD pips equivalent) scored during the given statistical period.
  2. Avg. pip-points outcome from all positions – The average number of EUR/USD pips equivalent points gained/lost on all positions opened during the given statistical period.
  3. Most profitable trade – The number of EUR/USD pips equivalent points gained on the most profitable position opened during the given statistical period.
  4. Worst trade - The number of EUR/USD pips equivalent points lost on the most detrimental position opened during the given statistical period.
  5. Avg. pip-points gain on positive positions - The average number of EUR/USD pips equivalent points gained on all positive positions opened during the given statistical period.
  6. Avg. pip-points lost on negative positions - The average number of EUR/USD pips equivalent points lost on all negative positions opened during the given statistical period.
  7. Number of trades – Total number of trades conducted during the given statistical period.
  8. Avg. position size (USD) – The average size of a position opened during the given statistical period, in USD.
  9. Avg. trade time – The average duration of all positions opened during the given statistical period. From opening to closure.
  10. Maximum drawdown (%) – Maximum equity's depreciation, calculated as the percentage between the highest equity value and the lowest one during the given statistical period.
  11. Number of drawdowns – Total number of consecutive equity contractions during the given statistical period.
  12. Volume-weighted share of trades conducted with conditional orders – calculated as a ratio of the Traded volume made with conditional orders to the Total traded volume. These include entry pending orders, Stop-Loss and Take-Profit orders.
  13. Win/Loss ratio – Ratio of positive vs. negative positions opened during the given statistical period.

Gráficos

  1. Cumulative Profit/Loss dynamics - The chart is based on the continuous sum of periodic profits & losses. Starts from zero although traders actually start their trading with an initial deposit of 100,000 USD every month.
  2. Contest standings – Current rank of the trader in the respective period’s (1 month, 6 month or 1 year) standings of the Trader contest.
  3. Performance – Historical profit & loss results along a selected statistical period. Shown in pip points (EUR/USD pips equivalent).
  4. Traded volumes – Volumes traded historically during a selected statistical period. Shown in USD.
  5. Instruments – Distribution of instruments the trader uses for trading.

Outras regras e políticas

  1. Dukascopy reserves the right to use any kind of information posted by Participants within the framework of the Contest for its own purposes without prior coordination and approval from the authors. These purposes may include any kind of promotional activities or publicity campaigns, statistics collection etc.
  2. Dukascopy reserves the right to disqualify a Participant, to change the Contest rules, requirements and awards, without prior notice and at any time and at its sole discretion.

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