by krkic on 21st July 2010, 16:14
Inconeon Boyar Tournament
Be quick and win $700 on a demo-account!
$1200 of the prize fund will be distributed among three winners of the
Boyar Tournament with the biggest profit percentage. It is a virtual
competition between traders who opened demo account in IncoNeon
terminals (IN Trader, IN Multiterminal, In Mobile). You have 24 hours
to outperform your competitors and win a considerable sum of money.
How to become a participant?
â˘Download one of IncoNeon trading terminals (IN Trader, IN Multiterminal, In Mobile).
â˘Register on the IncoNeon web-site. Your application will be considered
by the Tournament Coordinator and you will get a letter-notice about
your participation. A nickname that you specified at the registration
will be shown in the Participants list.
â˘When you apply for the participation you should specify your real
Name, Surname, without abbreviations. This information will be compared
with your ID data.
Attention!
If you are already registered in the Boyar Tournament you do not need
to register again â just enter you Nickname and password you used at
the first registration.
Warning: each participant is allowed to have only one demo-account for the participation.
Trading period
The Tournament is held 2 times a month. Trading period is 24
hours: from 00.00 terminal time (GMT+1) till 23:59 of the same day
regarding the trading instrument. The day of the Tournament is
announced in advance the next day after the previous Tournament is
over. Trading on the contest demo-account is allowed only during the
Tournament. When the competition is over all the positions should be
closed.
Winners calculation
Tree best traders are defined the following way: final P/L will be
reference of profit or loss of the final balance (âBalanceâ in the
trading terminal) to the initial balance at the beginning of the
competition. Tree traders with the biggest profit will becomŃ the
winners.
Attention: There no limits for funds withdrawal.
Statement publication rights
By participating in the Royal Tournament traders accept that IncoNeon
has the right to publish their trading statement during and after the
Tournament (i. e., during the winners announcement on "The Guild of
Traders" forum). If you choose to show your nickname instead of real
name when filling the registration form, your real name will be hidden.
Connection issues
IncoNeon takes no responsibility for any delays of orders acceptance
and transfer during trading break, as well as transfer errors or
connection issues.
IncoNeon rights
â˘The rules main goal is to provide every trader with equal opportunity to succeed.
â˘IncoNeon leaves the right of correction and addition of any rule as we
see fit in case those corrections benefit the Tournament. All the
corrections and additions will be announced in the rules forum topic.
â˘Frauds in accounts are strictly forbidden, for example lock position
on different accounts. In this case, there comes a disqualification. In
this case of the controversial situation the Guild of traders reserves
the right to demonstrate the fraud fact at a forum.
IncoNeon also leaves the right to disqualify any Participant in case they violate the rules.
Conclusion
â˘Everything that was omitted in the Rules is allowed.
â˘IncoNeon is entitled to choose the trading instrument for the Tournament.
â˘There is only one trading instrument for the competition. Traders can participate in the choice of this instrument.
â˘Results are updated each 2 hours. The final lost of results is put on
the web-site at 12:00 (GMT+3) on the next day of the Tournament.
â˘Registration for the next Tournament starts after the results of the
previous competition are announced and ends at 00.00 terminal time
(GMT+1) on the day when the new Tournament starts.
â˘Opened positions should be closed at the end of the Tournament.
â˘Initial deposit on the demo account is $5000. If Forex instrument is used, credit leverage will be 1:200.