Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)TERMS AND CONDITIONS - XMTRADING NITO RYU! REAL TRADE BATTLE 2022
A. Introduction
1.

XMTrading operating by Tradexfin Limited, a Security Dealer Licensee, regulated and authorised by
the Financial Services Authority (“FSA”) in Seychelles with licence number SD010, and Fintrade
Limited, an Investment Dealer (Full Service Dealer excluding Underwriting) Licensee, regulated andauthorised by the Financial Services Commission in Mauritius (“FSC”) under the license number
GB20025835 (hereinafter referred to as the “Companies” and/or “XMTrading”).

2.

The “XMTrading Nito Ryu! Real Trade Battle 2022” (hereinafter referred the “Competition”) Terms
and Conditions is an integral part of the “XMTrading Business Terms and Policies” and provisions
set herein are considered as an annex of all “XMTrading Business Terms and Policies”.

B. Conditions of Eligibility
1.

Subject to, and without prejudice to, all other Business Terms and Policies, the offer is available to
XMTrading’s Clients who have satisfied the Eligibility Criteria for the offer (“Eligible Clients”) as set
out in the clauses following hereinafter.

2.

This “Competition” may be offered by XMTrading, from time to time, to clients who open real trading
accounts with XMTrading, in cases where such clients are referred to XMTrading via specific websites
and/or social network sites in the context of certain specific promotions, and/or surveys that
XMTrading may be running, from time to time, on such specific websites and/or social network sites.

3.

Subject to clause B.2 above, the “Competition” is available to all existing and new clients of XMTrading
who during the “Competition Period”:• have at least one (1) validated XMTrading real trading account, with any base currency;• have the minimum amount of USD 300 (or currency equivalent) as balance in their validated real
trading account; and• register for the “Competition”.

4.

XMTrading, at its absolute discretion, offers the "Competition" to all existing and new Clients of
XMTrading for the period 1st of June - 30th of June 2022 (“Competition Period”) or for as long as
XMTrading deems to provide it and to the specific country(ies) that XMTrading deems to provide it.

5.

Only persons who can form legally binding contracts under the laws applicable in their country ofresidence may participate in the "Competition". Without limiting the foregoing, participation in the“Competition” is not allowed for persons under the age of 18 or otherwise under legal age in theircountry of residence ("minors"). If you are a minor, you may not participate in the “Competition”.

6.

Each participant agrees that by registering for the “Competition” they express their free, prior andinformed consent for XMTrading to process any personal data which they provide while registering.
The data is collected and processed only to such extent, which is necessary to administer and run the“Competition”. XMTrading shall disclose any data about registrants only to the extent stipulated inthese terms and conditions. Each registrant has the right to withdraw their consent for processing of
personal data at any time. However, such a withdrawal may at the reasonable discretion of XMTrading
result in the disruption, suspension or termination of the participant’s registration for watching the Event.

7.

Participation of “Intermediaries/Related Parties” in the “Competition” is prohibited. If the registration
and / or trading data of a participant in the “Competition” corresponds with the registration and / ortrading information, including but not limited to IP address, of another participant in the “Competition”,
XMTrading reserves the right to regard this matching as a reason for immediate disqualification. For the
purposes hereof, the term “Intermediary(ies)/Related Party(ies)”, when used in these Terms &Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a
relationship with any participant in the “Competition”, including, without limitation:

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)a) family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateraldescendants;b) any person or entity, who/which:i.

any participant in the "Competition" directly or indirectly, through one or more intermediaries,
controls;
ii. is controlled by any participant in the "Competition"; oriii. is under common control of any participant in the "Competition".
For purposes of this definition, the term "control" (including, with correlative meaning, the terms"controlled by" and "under common control with"), as used with respect to any participant in the"Competition", shall mean the possession, directly or indirectly, through one or more intermediaries,of the power to direct or cause the direction of management policies of such person or entity, whether
through ownership of voting securities or otherwise.
8.

Similarly, persons associated in any manner whatsoever with XMTrading and/or with the specificwebsites and/or social network sites on which XMTrading may be running, from time to time, certain
specific promotions, contests and/or surveys, in the context of which access to the "Competition" isoffered, are not allowed to participate in the offer.

C. Specific “Competition” Terms
1.

Eligible Clients who meet the eligibility conditions set in clause B.3 above, as well as all the eligibility
and participation requirements set herein, will be able to win the prizes as those described in thetables below (i.e., Table A, Table B and Table C), based on their ranking / performance category (i.e.
“Overall Winners” category, “Most Net Pips” category, “Most Profit in Absolute Value” category and“Most Profitable Trades” Category):
Table A: Prizes for the “Overall Winners” Ranking Category
WINNERS OF RANKING CATEGORY: OVERALL WINNERS
Prize
Ranking

1st

Total
Number of
winners

Eligibility and Participation
Requirements•

Have at least one (1) validated
XMTrading real Standard
account, with any basecurrency;•

Have a minimum amount of
USD 300 (or currency
equivalent), as balance in their
XMTrading real Standard
acccount upon registration;

1•

Trade on Forex, Gold or Silver
during the “Competition
Period”; and•Achieve the highest overall
ranking/performance among
the following three (3) Ranking
Categories combined (“Most

Prize

•

USD 20,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)Net Pips” and “Most Profit in
Absolute Value” and “MostProfitable Trades”) during the“Competition Period”.

2nd

3rd

4th

5

th

•

USD 10,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 8,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 5,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 3,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

As above.

1

As above.

1

1

As above.

1

As above.

Table B: Prizes for “Most Net Pips” Ranking Category
WINNERS OF RANKING CATEGORY: “MOST NET PIPS”
Prize
Ranking

1st

Total
Number of
winners

Eligibility and Participation
Requirements•

Have at least one (1) validated
XMTrading real Standard
account, with any basecurrency;•

Have a minimum amount of
USD 300 (or currency
equivalent), as balance in their
XMTrading real Standard
acccount upon registration;•

Trade on Forex, Gold or Silver
during the “Competition
Period”; and•Achieve the highest number of
net Pips (gained/lost for every
trade made) during the“Competition Period”.

1

Prize

•

USD 5,000 (or currency
equivalent) as balance in thewinner’s
XMTradingreal
trading account.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)

2nd

1

1

3rd

4

1

th

5th

6 - 10
th

1

th

5

•

USD 3,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 2,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 1,600 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 1,100 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 500 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

As above.

As above.

As above.

As above.

As above.

Table C: Prizes for “Most Profit in Absolute Value” Ranking Category

WINNERS OF RANKING CATEGORY: “MOST PROFIT IN ABSOLUTE VALUE”
Prize
Ranking

1st

Total
Number of
winners

Eligibility and Participation
Requirements•

Have at least one (1) validated
XMTradingrealStandard
account, with any basecurrency;•

Have a minimum amount of
USD
300
(or
currency
equivalent), as balance in their
XMTradingrealStandard
acccount upon registration;•

Trade on Forex, Gold or Silver
duringthe“Competition
Period”; and

1

Prize

•

USD 5,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)

•

2nd

3rd

4th

5

th

6th - 10th

11th - 20th

21st - 50th

51st 100th

1

1

1

1

5

10

30

50

Achieve the highest net profit(most profitable Eligible Clientby the amount of profit/loss
made on his/her trades) during
the “Competition Period”.
•

USD 3,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 2,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 1,500 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 1,000 (or currency
equivalent) as balance in thewinner’s XMTrading real
trading account.

•

USD 500 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

•

USD 350 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

•

USD 200 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

•

USD 150 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

As above.

As above.

As above.

As above.

As above.

As above.

As above.

As above.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)•
101 185thst

85

As above.

USD 80 (or currency
equivalent) as balance in thewinners’ XMTrading real
trading account.

2.

Eligible Clients will have the chance to enter the “Competition” during the “Competition Period”.

3.

The total number of the winners of the “Competition” will be two hundred (200).

4. For the purposes of the “Competition” the Ranking Categories are described as follows:a) “Overall Winners”: This Ranking Category is ranked by combining the overall performanceachieved during the “Competition Period” by each Eligible Client in all three (3) Ranking
Categories (i.e. “Most Net Pips”, “Most Profit in Absolute Value” and “Most Profitable trades”).
The points for this Ranking Category are calculated as follows:
Examples:•••Eligible Client A performance: 2nd in the 1st Ranking Category, 4th in the 2nd Ranking Category and5th in the 3rd Ranking Category; Eligible Client has 11 points (i.e. 2 + 4 + 5 = 11) in the “Overall
Winners” Ranking Category.
Eligible Client B performance: 1st in the 1st Ranking Category, 8th in the 2nd Ranking Category and15th in the 3rd Ranking Category; Eligible Client has 24 points (i.e. 1 + 8 + 15 = 24) in the “Overall
Winners” Ranking Category.
Eligible Client C performance: 3rd in the 1st Ranking Category, 1st in the 2nd Ranking Category and3rd in the 3rd Ranking Category; Eligible Client has 7 points (i.e. 3 + 1 + 3 = 7) in the “Overall
Winners” Ranking Category.

According to the above values, the winner in the “Overall Winner” Ranking Category is the Eligible
Client C who is in 1st place with 7 points, Eligible Client A is in the 2nd place with 11 points and Eligible
Client B is in the 3rd place with 24 points.
b) “Most Net Pips”: This Ranking Category ranks Eligible Clients by how many Pips they gained/lostfor every trade made. The top-ranked Eligible Client achieves the highest number of non-volume
weighted net Pips during the “Competition Period”.
The points for this Ranking Category are calculated as follows:
Example:An Eligible Client has the below closed trades:•••

Buy 1 lot EUR/USD closed with a profit of USD 10 (open price 1.12011 close price 1.12021)  +1
pip.
Sell 1 lot EUR/USD closed with a profit of USD 20 (open price 1.12021 close price 1.12001)  +2 pips.
Buy 10 lot EUR/USD closed with a loss of USD -100 (open price 1.12011 close price 1.12001) -1 pip.

Hence, pursuant to the above values, the Eligible Client who has net 2 pips market movement (i.e. 1+ 2 - 1 = 2) achieves the highest number of non-volume weighted net pips in this category.
c) “Most Profit in Absolute Value”: This Ranking Category ranks the most profitable Eligible Client

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)by the amount of profit made on their trades (i.e., the most profitable client). The top-ranked Eligible
Client will be the Client who has generated the highest net profit during the “Competition Period”.
The points for this Ranking Category are calculated as follows:
Example:An Eligible Client has the below closed trades:•••

Buy 1 lot EUR/USD closed with a profit of USD 10 (open price 1.12011 close price 1.12021)  10
USD.
Sell 1 lot EUR/USD closed with a profit of USD 20 (open price 1.12021 close price 1.12001)  20
USD.
Buy 1 lot EUR/USD closed with a loss of USD -10 (open price 1.12011 close price 1.12001)  -10
USD.

In this Ranking Category, the Eligible Client who has a net profit of USD 20 (i.e. 10 + 20 - 10 = 20)
generates the highest net profit in this Category.
d) “Most Profitable trades”: This Ranking Category ranks the overall profitable trades made by
Eligible Clients. The top-ranked Eligible Client will be the Client who has closed the most profitabletrades during the “Competition Period”.
The points for this Ranking Category are calculated as follows:
Example:The Eligible Client has the below closed trades:•••

Buy 1 lot EUR/USD closed with a profit of USD 10 (open price 1.12011 close price 1.12021)  1
point.
Sell 1 lot EUR/USD closed with a profit of USD 20 (open price 1.12021 close price 1.12001)  1
point.
Buy 10 lot EUR/USD closed with a loss of USD -100 (0pen price 1.12011 close price 1.12001) 
0 points.

In this Ranking Category, the Eligible Client who has 2 points (1 point for every profitable trade),achieves the most profitable trades.
5. The winners of the “Competition” for the following three (3) ranking categories are as follows:a) “Overall Winners”: five (5) winners (i.e., Eligible Clients who have the highest ranking in the “Most
Net Pips” Ranking Category, the “Most Profit in Absolute Value” ranking category and the “MostProfitable Trades” Ranking Categories combined during the “Competition Period”);b) “Most Net Pips”: ten (10) winners (i.e., Eligible Clients who have the highest number of net Pips
during the “Competition Period”); andc) “Most Profit in Absolute Value”: one hundred eighty-five (185) winners (i.e., Eligible Clients who
have the highest net profit during the “Competition Period”).
Please note that there are no winners for the “Most Profitable Trades” Ranking Category, but theperformance of the Eligible Clients in this Category will be taken into account for awarding the winners
in the “Overall Winners” Ranking Category (i.e., the “Overall Winners” is ranked by combining the
ranking achieved by each Eligible Client in all three (3) Ranking Categories described above).
6.

The total two hundred (200) winners will be chosen based on their performance, as described herein,
after the end of the “Competition Period”.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)7.

The eighty (80) winners will be announced on the 14th of July 2022.

8.

The winners will be notified via email and/or telephone by their Client Relations Manager as soon as
possible, after the end of the “Competition Period” regarding the details of their prize.

9.

Please note that the winners of the “Overall Winners”, “Most Net Pips” and “Most Profit in Absolute
Value” Ranking Categories will be selected based on the value of all the decimals of theirtrades/positions during the “Competition Period”.

10. In case that two (2) or more Eligible Clients have the same score/ranking, then the prize will be awarded
to the Eligible Client who has reached the said score/ranking first. For example, for the “Most Profit in
Absolute Value” Ranking Category, in case that two (2) Eligible Clients have an equal number of mostprofit in absolute value and their reached profit number is the highest, then the first prize will be awarded
to the Eligible Client who has reached the highest number of profit in absolute value first, whereas the
Eligible Client who has reached the said number at a later stage will be awarded the second prize.
11. By accepting the terms and conditions of the “Competition”, the winners who win the prizes describedin the clause C.1 and/or in the Table A, Table B and Table C above, agree and consent to taking
photographs and making a testimonial, as may be requested by XMTrading. The winners agree that
XMTrading has the right to use the images resulting from the photography/video filming to only suchextent as stipulated in these terms and conditions. The latter may include, but is not limited to,
XMTrading’s right to use the above-mentioned material for publication purposes on XMTrading’s
website and social media. Each participant has the right to withdraw their consent for processing of
personal data and the material mentioned above at any time. However, such a withdrawal may, at thereasonable discretion of XMTrading, result in the removal of the winner’s entitlement to the prizes.
D. Reservation of Rights and Disqualifications
1.

XMTrading reserves the right, at its reasonable discretion, to reject the participation of any Eligible
Client to the “Competition”, if such Client engages in any prohibited trading activities, as described in
XMTrading’s Terms and Conditions of Business.

2.

XMTrading reserves the right, at its sole discretion, to decline registration of any participant in the“Competition” and further reserves the right to disqualify any participant in the “Competition” whotampers or attempts to tamper with the operation of the “Competition” or breaches these terms and/or
any of the “XMTrading Business Terms and Policies” set forth on XMTrading’s Website. Under nocircumstances shall XMTrading be liable for any consequences of any bonus cancelation or decline,
including, but not limited to, order(s) closure by Stop Out.

3.

Clients who provided incorrect or fraudulent details during the trading account registration will bedisqualified from participating in the “Competition”.

4.

All Eligible Clients are permitted to only one registration per one (1) unique IP address. Multiple
registrations from the same IP are not permitted nor multiple registration with same personal details. In
such a case, XMTrading reserves the right to immediately exclude such persons from participating in
the “Competition”.

5.

XMTrading reserves the right, at its reasonable discretion, to decline participation of any Eligible Clientto the “Competition” and further reserves the right to prohibit any Eligible Client, who breaches theseterms and/or any of the “XMTrading Business Terms and Policies” set forth on XMTrading’s website,from participating in the “Competition” and claiming the won prize. In these circumstances, XMTrading
shall not be liable for any consequences of the participation cancelation.

6.

The “Competition” is available only for holders of Standard real trading accounts.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)

7.

Eligible Clients who have been disqualified lose their right to claim the prize offered.

8.

If any of “Competition” terms were to be translated into a language other than English, then the
English version of these terms shall prevail where there is an inconsistency.

E. Risk Warning
1.

Forex and CFD trading involve a significant risk to your invested capital. Please read and ensure you
fully understand our Risk Disclosure, available at XMTrading’s website.

Email: info@xmtrading.com | Web: www.xmtrading.com
Address(es): F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (Tradexfin Limited) and c/o SAFYR UTILIS LTD,
7th Floor, Tower 1, NeXTeracom, Cybercity, Ebene, Mauritius (Fintrade Limited)