Rules of the offer to celebrate RoboForex’s 10-year anniversary
- The offer period
- Coupons for participating in the offer will be distributed starting from October 1st, 2020.
- Giveaways for distributed Coupons will be held once a month from October 2020 to April 2021.
- In May 2021, there will be a Grand Prix giveaway.
- Rules of participation
- To participate in a giveaway, a client has to receive a Coupon.
- Coupons are granted automatically in three categories: a Trader with Prime accounts, a Partner, and a CopyFX Trader.
- Conditions for granting a Coupon for Prime accounts:
- At least 300 USD* (or equivalent in other currency) must be deposited to an account in the current giveaway month.
- The trading volume on account of a participant must be at least 3 lots in the current month (Only the positions in currency pairs and metals opened this month are taken into account).
* - This condition is considered as fulfilled only for October 2020, if there are at least 300 USD (or equivalent in other currency) on an account as of October 1st, 2020.
- Conditions for granting a Coupon to partners:
- At month-end, the total amount of the partner commission must be at least 300 USD (or equivalent in other currency).
- Conditions for granting a Coupon for CopyFX Trader accounts:
- At month-end, a Trader must be ranked in the CopyFX Top-30 by the profitability on Prime accounts in the current month.
- Conditions for granting a Coupon for Prime accounts:
- The maximum number of Coupons that can be granted to a Client per month is 3, 1 in each category.
- Each Coupon participates in a giveaway that takes place the following month after it was granted. All Coupons that didn't win in previous giveaways from October 2020 to April 2021 will participate in a Grand Prix giveaway.
- Rules of giveaways
- Giveaways will be held on the first Friday of the month following the month when Coupons were distributed.
For example, Coupons that were distributed in October 2020 will participate in the giveaway on November 6th, 2020.
- All coupons distributed throughout the entire offer period will participate in the Grand Prix giveaway. There will be no special Coupons intended for the Grand Prix giveaway.
- Each giveaway (including Grand Prix) will define 30 winners, whose Coupon numbers will be the closest to winning combinations.
Rules for defining winning combinations
For each of the 30 winning places, a pair of stocks from the list below will be chosen. Pairs of stocks will remain the same for all giveaways.
Winning combinations will be defined by closing prices of the specified stocks on the last trading day of the first week of the month following the month when Coupons were distributed. During this procedure, the price data from an independent public source, finance.yahoo.com, will be used.
Place Combination Place1 Combination AAPL+AMZN Place2 Combination AMZN+AAPL Place3 Combination MSFT+GOOGL Place4 Combination GOOGL+MSFT Place5 Combination FB+BRK-B Place6 Combination BRK-B+FB Place7 Combination V+TSLA Place8 Combination TSLA+V Place9 Combination WMT+JNJ Place10 Combination JNJ+WMT Place11 Combination PG+NVDA Place12 Combination NVDA+PG Place13 Combination JPM+ADBE Place14 Combination ADBE+JPM Place15 Combination NFLX+PYPL Place16 Combination PYPL+NFLX Place17 Combination VZ+DIS Place18 Combination DIS+VZ Place19 Combination BAC+INTC Place20 Combination INTC+BAC Place21 Combination KO+CMCSA Place22 Combination CMCSA+KO Place23 Combination PFE+PEP Place24 Combination PEP+PFE Place25 Combination NKE+CSCO Place26 Combination CSCO+NKE Place27 Combination ORCL+XOM Place28 Combination XOM+ORCL Place29 Combination MCD+CVX Place30 Combination CVX+MCD Example of defining a winning combination:
If on the day of defining a winning combination, AAPL and AMZN stocks close at 117.23 and 3290.44 respectively, the winning combinations for the 1st place will be 723044.
- In the case when numbers of two Coupons are equally close to a winning combination, a Coupon with a bigger numeric value of the number wins.
Example of defining a winner in a disputable situation:
A winning combination is 723044
Coupon numbers of potential winners are 723034 and 723054
723054 wins - A Client can win only in one nomination of a monthly giveaway. If Client’s Coupons win in several nominations, a Client will only receive one prize, the one with the biggest prize money. Other winning Coupons of this Client will not be taken into account when defining prizes in other combinations.
- Giveaways will be held on the first Friday of the month following the month when Coupons were distributed.
- Prize pool and distribution of prizes among winners
- The total prize pool of the offer is 1,000,000 USD.
- Prize pools of monthly giveaways (October 2020 – April 2021) are 100,000 USD each.
Distribution of prizes among winners of monthly giveaways (October 2020 – April 2021)
Places Prize money (USD) Number of prizes Places 1 Prize money (USD)20 000 Number of prizes 1 Places 2 - 3 Prize money (USD)10 000 Number of prizes 2 Places 4 - 7 Prize money (USD)5 000 Number of prizes 4 Places 8 - 12 Prize money (USD)3 000 Number of prizes 5 Places 13 - 19 Prize money (USD)2 000 Number of prizes 7 Places 20 - 30 Prize money (USD)1 000 Number of prizes 11 The total number of winners in each giveaway is 30.
- The prize pool of the Grand Prix giveaway is 300,000 USD.
Distribution of prizes among winners of the Grand Prix giveaway
Places Prize money (USD) Number of prizes Places 1 Prize money (USD)60 000 Number of prizes 1 Places 2 - 3 Prize money (USD)30 000 Number of prizes 2 Places 4 - 7 Prize money (USD)15 000 Number of prizes 4 Places 8 - 12 Prize money (USD)9 000 Number of prizes 5 Places 13 - 19 Prize money (USD)6 000 Number of prizes 7 Prize category 20 - 30 Prize money (USD)3 000 Number of prizes 11 The total number of winners in each giveaway is 30.
- Procedure for receiving prize money
- Winners will receive their prize money to their USD-based Wallets within one week after winning combinations are defined.
- Clients can use their prize money in trading as their own funds or withdraw it from trading accounts via any withdrawal method available at the company.