1st Prize:
1,000 USD worth of prize
GMI 'Lightweight Cup' Live Trading Contest
Showcase your trading technique, take on the market, and fight your way to the top for a chance to claim the champion's title.
Step into the ring with the GMI 'Lightweight Cup' Trading Contest!
Secure your spot – join the competition now!
Event Period: 1st October 2024 - 30th November 2024
Event Period:
1st October 2024 - 30th November 2024
Gift Pool
1st Prize: 1,000 USD worth of prize 2nd Prize: 500 USD worth of prize 3rd Prize: 250 USD worth of prize
Minimum Requirements to join:
Unlock the excitement with a minimum deposit or internal transfer of 100 USD!
Trading Contest Gifts
2nd Prize:
500 USD worth of prize
3rd Prize:
250 USD worth of prize
Weekly Lucky Draws
Stay engaged and keep your momentum going throughout the competition!
To keep the competition thrilling, we’re offering a weekly lucky draw over the 8-week contest period.
Each week, one lucky participant will win 30 USD (3000 USC), credited directly to their contest trading account. (Please note. This prize is non-withdrawable and will not count towards the ND calculation.)
To be eligible for the weekly draw, simply complete a minimum of 5 lots during that week.
Prizes are awarded based on the higher Percentage of Profit and Loss (PnL)
PositionPrizeWinning Requirement
11,000 USD worth of prizeMinimum 5%of PnL*
2500 USD worth of prizeMinimum 5%of PnL*
3250 USD worth of prizeMinimum 5%of PnL*
* The ranking formula is adjusted to consider starting equity, ending equity and transactions in between (money in & out) to provide a fair measure of performance.
Advantages of participating in trading competition
profit from your trades and win extra in contests!
Contest account has no upper limit, and you can re-deposit anytime!
Showcase your trading skills, earn a spot on the leaderboard, and gain recognition within the trading community for your achievements.
3 easy steps to join the contest
Register, get verified and open a 'Lightweight Cup S1' MT5 Cent Account Type in the Members Area
Deposit a minimum of 100 USD
Start trading and get to the top as champion!
FAQ
1. How do I participate in the Trading Competition?
You need to register as a GMI client and open a 'Lightweight Cup S1' MT5 Cent Trading Account in the Members Area.2. How much money do I need to invest to participate in the competition?
A minimum deposit of 100 USD via new deposit or internal transfer is required to participate during the promotion period.3. Can clients open more than one Competition Trading Account with the same contest?
Yes, clients can open more than one Competition Trading Account for the GMI 'Lightweight Cup' contest, considering that they cover the requirements for the second account as well.Terms and Conditions
Introduction
'Lightweight Cup', hereinafter referred as the 'Contest', is hosted by GMI. Showcase your skills and elevate your experience with our exclusive contest. By participating in the Lightweight Cup, traders can compete for top positions, earn exciting rewards, and join the ranks of esteemed performers.
Eligibility Requirements
Participants must:
- Be verified clients of GMI
- Open a 'Lightweight Cup S1' MT5 Cent Trading Account
- Top Up a minimum of 100 USD via new deposit or internal transfer during the promotion period to participate.
- Please be aware if you put the deposit for this Contest earlier than the Start date of the Promotion, funds will be locked until 1st of October 2024. Participants will be able to withdraw their funds or transfer them beginning on 1st of October 2024, immediately following the start of the Contest.
Contest Period
Start Date: 1st of October 2024, 00:00:00 UTC
End Date: 30th of November 2024, 23:59:00 UTC
Who can participate?
This Contest is open to all verified traders in Thailand who are 18 years of age or older at the time of participation. GMI`s employees or their family members, or those associated with this contest cannot participate.
Prizes
1st Prize: 1,000 USD worth of prize
2nd Prize: 500 USD worth of prize
3rd Prize: 250 USD worth of prize
General
Any type of arbitrage trading or other abuse of prices and/or quotes will be cancelled from the Contest.
GMI reserves the right to reject or cancel any participant without giving reasons. Reasons for disqualification may include opening large opposite positions in the same currency pair on different trading accounts at the same time, as well as using quotation flow failures to obtain guaranteed profits or any kind of fraud.
GMI reserves the right, at its sole discretion and as it deems fit, to alter, amend, suspend, cancel or terminate the Contest, or any aspect of the Contest at any time and upon any reasonable cause. Under no circumstances shall GMI be liable, for any consequences of any alteration, amendment, suspension, cancelation or termination of this Contest.
Any taxes arising from Contest winnings are the sole responsibility of the participants.
Terms & Conditions
* The promotion is valid for the period of 1st of October 2024 to 30th of November 2024
* The 'Lightweight Cup S1' account type is an MT5 Cent Account
* Contestants can open more than one Competition Trading Account for the GMI 'Lightweight Cup' Contest, considering that they meet the criteria.
* The GMI Lightweight Cup Trading Contest requires a minimum participation of 50 contestants to proceed successfully. In the event that the minimum contestant threshold is not met, GMI reserves the right to cancel or reschedule the Contest.
* Please be aware if you put the deposit for this Contest earlier than the Start Date of the Contest, funds will be locked until 1st of October 2024. Participants will be able to withdraw their funds or transfer them beginning on 1st of October 2024, immediately following the Start Date of the Contest.
* All Instruments are eligible for the calculation.
* The ranking is determined based on the Percentage of Profit and Loss (PnL) ratio.
* Participants must achieve a minimum of 5% of Profit and Loss (PnL) to be eligible for any contest prizes. Contestants failing to meet this threshold will not qualify for rewards, regardless of their ranking.
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