Battle of Traders Competition
Terms and Conditions
1.

IronFX presents its “Battle of Traders” Competition (“Competition”).

2.

For participating in this Competition, you have to register for the Competition providing the details requested(first & last name, telephone, email, country of residence & nickname) and be approved for a trading accountthrough the dedicated registration form as well as to be over 18 years old. IronFX’ s personnel cannot
participate in the Competition. All details provided during the registration process should be correct (i.e. fullname details to match the proof of identity, proof of residence to match the country of residence, etc.)
otherwise the participants/winners will be disqualified from the Competition.

3.

The Competition is available to new and/or existing Clients1, who register for this offer by creating therelevant competition trading account.

4.

IronFX employees (with the exception of Introducing Brokers and affiliates) are not eligible to participate in
the Competition.

5.

For participating in the Competition, you have to register and be approved for a trading account based on
IronFX’ s Account Opening procedures and rules.

6.

By participating in the Competition, you acknowledge that you have read and agreed to be bound by theseTerms and Conditions as well as to the Business Terms and Conditions of the entity with which you havedecided to proceed with registration via the dedicated competition registration page of such entity. TheCompetition will take place at IronFX group and/or affiliate level.

7.

Details of the registration and competition dates can be found below:
Table 1 - Battle of Traders Competition
Start from:End on:

1st April 2024
1st April 2024
1st May 2024
1st June 202430th June 2024
30th April 2024
31st May 2024
30th June 2024

Competition Dates
1st Round
2nd Round
3rd Rounda.

b.
c.

d.
e.

1

Minimum Deposit
(USD)
750
1,000
2,000

Prize Pool(USD)
100,000
150,000
250,000

Clients must open a new trading account via the designated links and deposit the minimum USD
deposit amount as outlined in the above table (the “minimum deposit amount”) within the competition
period to be eligible for the Competition.
No Internal Money Transfers (ITRs) are allowed between the Clients’ trading accounts with IronFX.
Clients can only participate in the competition with one trading account at any one time. If the client
loses their deposit, they can then open a new trading account and deposit the minimum amountrequired to be eligible for the competition.
The competition will run on a per-client basis.
All participants who register via the dedicated competition registration page should declare a nicknamethat will be used for ranking purposes.

New Clients: Clients who opened their first trading account with IronFX by applying for this offer

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Competition Structure and Award Prizes are set as below:
Table 2 – Number of Winners
Phase

Number of winners

10

st1 RoundAward Prize(USD)*
Winners 1-5: $30K, $20K, $15K, $10K, $5K
respectively
Winners 6-10: $4K each10

nd2 Round

Winners 1-5: $50K, $30K, $20K, $15K, $10K
respectively
Winners 6-10: $5K each10

3rd Round

Winners 1-5: $100K, $50K, $30K, $20K, $10K
respectively
Winners 6-10: $8K each

* Note:(i) For the purposes of the Competition (see Winning Formula in section 9) winners are defined asthe individuals who record the highest profit (in percentage %) among others.
(ii) The winners will be eligible to withdraw the cash prize from their Trading Account, subject toany amounts due to IronFX.
9.

The Competition winners will be determined as per below factor(s):Winning Formula: (Net Profit / Deposits) x 100➢ 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 stands for the total amount deposited during the Competition period.
Example A
Total Deposits for the period:
Net Profit for the Period:

7500 USD
12000 USD

Return = (Net Profit / Deposits) = (12000 / 7500) x 100 = 160%
Example B
Total Deposits for the period: 25000 USD
Net Profit for the Period:
50000 USD
Return = (Net Profit / Deposits) = (50000 / 25000) x 100 = 200%
10. For the winners to receive their award prizes, they will have to:a. Meet and must have already passed the IronFX’ s compliance procedures and checks; andb. Provide a detailed report of his/her Competition trading account when and if requested by IronFX.

Copyright © 2024 IronFX. All Rights Reserved

c.

Acknowledge the Company’s email within 7 calendar days. If a winner does not acknowledge theemail, he/she will automatically be disqualified.

11. IronFX has the right to disqualify participants who do not provide any requested documents or verification
required for the purposes of this Competition or in respect of the Client’s account within 10 business days ofthe request.
12. The participant acknowledges and authorizes IronFX to announce the daily results of the Competition on its
website.
13. Existing clients can participate in the Competition by opening an additional trading account for the purposesof the Competition and making fresh deposits as indicated in clause 7 above.
14. The clients participating in the Competition will not be entitled to receive any other promotion or bonus
offered by IronFX.
15. IronFX will announce the winners of the Competition within 30 days from the completion of the Competition.
16. By winning a Competition prize, the winners accept that they will participate in various promotional events
that IronFX can publicize freely on various venues.
17. In case of refusal by a winner of not participating in promotional events, then IronFX has the right todisqualify the winner and give the prize to the next place participant.
18. Winners who are awarded with prizes are not allowed to request to credit such prize to a different trading
account holder but instead should be in the name of the participant.
19. Participants or related persons can only participate in a single competition run by the same Company andtherefore will be eligible to a single competition prize in case they win.
20. If IronFX suspects that a participant has abused/manipulated or attempted to abuse/manipulate thisCompetition or otherwise acted with a lack of good faith towards us, then IronFX reserves the right, at its
sole discretion, to deny, withhold or withdraw from that user the award received or promotion, reverse anyprofits that have been generated as a result of the abuse/manipulation and, if necessary, to cancel any terms
and conditions with respect to that participant, either temporarily or permanently, or terminate thatparticipant’s/client’s/user's access to the service and/or block that user's Account. IronFX reserves the rightto remove any plug-ins from the client’s account in case such plug-ins create complication on IronFXsystems. In addition, IronFX reserves the right to modify, change or terminate this Competition at any time
without the consent of the Client.
21. If IronFX suspects that a participant has abused the fair rules of the Competition by hedging his positions
internally (using other trading accounts held with IronFX) or externally (using other trading accounts heldwith other brokers) then IronFX reserves the right to immediate disqualify the participant/client from theCompetition without the consent of the Client and reverse any profits that have been generated as a result ofthe hedging. In addition, IronFX has the right to disqualify a participant/client in the instance where the latterhas not completed a minimum of 5lots.
22. If IronFX suspects that a participant has committed a form of trading abuse, such as arbitrage or trading on
price disparities resulting from rare/occasional price latencies to the company’s detriment, then IronFX
reserves the right, at its sole discretion, to deny, withhold or withdraw from that user the award received orpromotion, reverse any profits that have been generated as a result of the trading abuse and, if necessary, tocancel any terms and conditions with respect to that participant, either temporarily or permanently, orterminate that participant’s/client’s/user's access to the service and/or block that user's Account.
23. IronFX has the right to disqualify participants who register and trade with more than one account at the sametime for the purposes of this Competition.

Copyright © 2024 IronFX. All Rights Reserved

24. IronFX has the right to disqualify participants who register multiple registrations with the same IP, use adynamic IP which keeps changing or who trade through the same IP address as other Clients.
25. The Company reserves the right, due to risk management, to transfer selected clients on Market Orderenvironment. In case the client does not comply with IronFX request, the participant could be disqualified
from the Competition.
26. The participant/client acknowledges that Forex and CFDs are leveraged products and involve a highlevel of risk. It is possible to lose all your invested capital. These products may not be suitable foreveryone, and you should ensure that you understand the risks involved. Seek independent advice ifnecessary.
27. For winners to be able to receive the Competition prize will need to meet all requirements set in these Termsand Conditions.
28. These Terms & Conditions are made in English. Any other language translation is provided as a convenience
only. In the case of any inconsistency or discrepancy between original English text and the translation into
any other language, as the case may be, English text shall prevail.
29. These Competition Terms and Conditions are dated 5th of April 2024

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