Rules of the «Four_lives» contest

Prizes

1 prize – 300 $ + prize 2 prize – 200 $ 3 prize – 100$

General terms

The contest is held on the demo-accounts (“contest accounts”) that are opened especially for the competition.
Periodicity: once in a week.
Duration: 24 hours.
The contest starts on Tuesday, 10-00-01 (GMT+3)
The contest is terminated on Wednesday, 09-59-59 (GMT+3)

How to participate?

To take part in the competition one should register a contest account in the Personal area on FBS web-site.

Each participant who opened a contest account gives his consent with the Contest Rules and Customer Agreement.

Applications reception terminates an hour before the beginning of the contest. A new contest demo-account should be registered for each contest.

Each participant can register only one contest demo-account. Additional contest demo-accounts (bonuses) are opened for competition leaders by the contest Administrator each time when check point comes.

Trading on different accounts from the same IP is prohibited. Trading on “additional account-bonus” ia an exception.

Attention! Company’s employees, their relatives and also under aged persons are not allowed to participate without special references. Only after notification addressed to the contest Administrator these participants will be allowed to take part in the competition without a right to lay claim to get prizes and monetary rewards.

Trading conditions

To start trading download the terminal FBS Trader. During the contest one can use all the instruments that are available in the terminal. There no limitations in amount of opened positions. Usage of Expert Advisors is prohibited.

At the registration an account is opened on the following conditions:

• Deposit - $1000
• Credit leverage - 1:200
• Stop out - 0%

If at the moment of contest termination there are opened positions on the participant’s account, they will be closed automatically by the current market price.

In case the participant finds:

- Incorrect work of the trading platform,
- Violation of technical specifications and contest settings,
- Presence of non-market quotes

The participant is obliged to warn the Contest Administrator about the problems.

“Life” – a bonus account

“Life” is an account that a participant gets when he becomes a leader according to his trading balance at the check point. The account is opened in the name of the leader by the contest Administrator. Information about bonus account will be sent via internal terminal mail and to the e-mail indicated at the registration.

Check point #1 - Tuesday 13-00-00 GMT+3. “Life” with 1000$ deposit.
Check point #2 - Tuesday 16-00-00 GMT+3. “Life” with 1500$ deposit.
Check point #3 - Tuesday 19-00-00 GMT+3. “Life” with 2000$ deposit.

Participant may use “life” if his contest account corresponds to the following conditions:

• The trading balance is lower than the preliminary one
• There are no opened positions and working orders

In case the participant has several “lives” he can use only one at the same time.

Winners

After contest termination all the orders are automatically closed and the list of prize claimants is formed.

Participants that claim to become a winner:

• Must have a trading balance more than the initial deposit
• Did not break the contest rules
• Are not disqualified

The claimant who has a bigger trading balance gets a higher prize.

Algorithm of getting the monetary reward:

1. After announcing the results of the contest the winners send to the contest Administrator the account numbers where monetary funds should be transmitted.
2. Funds are transmitted as a credit and cannot be withdrawn from the account. The sum earned on this account is the winner’s property.
3. If the winner‘s account is not authorized he should attach in the PA a document of identification.

Additional nomination

On the forum at the beginning of every month the nomination conditions are announced. The “4 lives” participants of the month become claimants to the prize in the additional nomination. As a price one gets FBS presents or books about trading.

Additional conditions

1. 1.The FBS company is entitled to:
   • - use any information connected with contest accounts in the advertisement, on the forum and web-site of the company, in Mass media;
   • - verify authenticity of participants’ registration data;
   • - verify statements and logs of the contest accounts’ server;
   • - annul the results (or recalculate the results of transactions) of the participant, who has used non-market quotations during the competition.
     The technical conclusion of non-conformity quotes is issued by the FBS Dealing Department.
   • - disqualify a participant during the contest and after its termination in case of contest rules’ breach;
   • - ban a participant against taking part in company’s contests in case of permanent contest rules’ breach;
   • change the rules of the contest with preliminary notification on the forum and web-site of the company.
2. 2. Disqualification is held without preliminary notification by announcing on the forum.
   Disqualification is possible in the following cases:
   • - Participant indicated partial, incorrect or false information about him at the registration;
   • - Transactions are evidently corresponded or opposite to each other. In such case the contest Administration is entitled to think that the accounts are managed by the same person.
   • - Participant carries out transaction from several accounts (“life” is an exception);
   • - There are several participants from one IP;
   • - Transactions from anonymous HTTP/socks proxy servers;
   • - In case the participant finds an incorrect operation (problem or bug of the trading platform, the violation of technical specifications and settings) of the contest and used these circumstances to their profit;
   • - Rules violation.
3. 3. In case of force-major FBS is entitled to hold up or terminate the contest. If due to some reasons the contest is not held to its end, the participants’ results at the moment of termination cannot be considered as a ground for rewarding the winners.
4. 4. The final results of the terminated rounds are not reconsidered.
5. 5. Execution of the tax legislation of the winners’ country of residence is winners’ obligation.