Ultimate Forex Championship
The Ultimate Forex Championship will begin at 5:15 PM EST on Sunday, December 7, 2008 and will end Friday, January 2, 2009 at 4:00 PM EST. The Ultimate Forex Championship consists of two concurrent competitions: the Grand Prize competition and the weekly competitions (or Rounds) which coincide with the trading weeks during the Grand Prize competition. Winners will be selected based on the highest increase in P/L per lot traded; three winners will be selected each week and three overall winners will be selected for the entire four-week run of the competition. (To see our full terms and conditions, see our Official Rules).
Eligibility
You’ve got to be in it to win it!*
You will automatically be entered into the Ultimate Forex Championship as long as you have a live CMS Forex account with at least $300 USD, prior to Friday, December 5, 2008 at 4:00 PM EST. To participate in our weekly competitions, you must have at least $300 USD in your trading account prior to the start of each Round. Managed accounts are not eligible. Only one live account per CMS Forex client can be entered into the competition and considered for the awards. If multiple accounts are held, please email us at contest@cmsfx.com with the account you wish to use for contest participation. If no email is received, your most recently opened account will be used. Due to laws set by Japan's Fair Trade Commission, Japanese residents will not be able to participate in this competition.
If you do not wish to participate in this contest, you may opt-out by emailing contest@cmsfx.com with the subject line "Opt-out of UFC contest." Once you have opted-out, you cannot re-enter the contest at any time after your request.
*Forex trading involves substantial risk of loss and may not be suitable for all investors.
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The Ultimate Forex Champions, or the three traders with the highest change in P/L between the start and end of this contest, will receive the above prizes.
There will be prizes delivered at the end of each Round for the trader with the highest change in P/L for the considered week. The prizes per Round are as follows:
The Schedule is as follows:
Round 1: Dec. 7, 5:15 PM EST – Dec. 12, 4:00 PM EST
Round 2: Dec. 14, 5:15 PM EST – Dec. 19, 4:00 PM EST
Round 3: Dec. 21, 5:15 PM EST – Dec. 26, 4:00 PM EST
Round 4: Dec. 28, 5:15 PM EST – Jan. 2, 4:00 PM EST
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