Traders War Demo Contests Terms and Conditions

1. General Overview

• Traders War Contest are demo contests Organized by Traders Wars and sponsored By Brisk Markets.
• It is a monthly Contest held from 00:00 on the first Day of month till 23:59:59(terminal time) on the last Day of month.
• Prize pool of each monthly contest amounts to 5000 USD and is distributed among winners in the following way:

      2. General Conditions

• The 1st place winner, receiving $2,000, must trade 20 round lots; the 2nd place winner, receiving $1,500, must trade 15 round lots; the 3rd place winner, receiving $1,000, must trade 10 round lots; and the 4th place winner, receiving $500, must trade 5 round lots. If the requirements are not met, the withdrawal will be denied.
• The top 3 performers in our contest will be rewarded with not just any prize, but an opportunity to elevate their trading journey to professional heights. Brisk Markets is thrilled to offer the top 3 winners a funded account to embark on real trading adventures. But that’s not all – these elite traders will also earn a prestigious spot on the Brisk Markets Social Trading Platform’s Top Leaderboard and the chance to earn an additional 5% from the profits of their followers.

3. Participants 

• Only full-aged customers (over 18 years old) are allowed to participate in the Contest.
• Every Participant shall sign up on Brisk Markets website.
• For taking part in every monthly Contest the Participants open an individual demo Competition account.
• The Participant accepts the requirement of providing true data, the full name identical to one specified in the ID document and available email address.
• In case of trading on two or more accounts from the same IP address, the Administration reserves the right to dismiss their owner(-s).
• The Organizer Sponsor reserves the right to decline registration of any Participant without explaining the reason or disqualify any Participant during the Contest or after the Contest finish with an explanation. The reason for disqualifying can be opening a big volume opposite orders with the same currency pairs on different trading accounts at the same time approximately, as well as usage of errors in the quote flow for getting a guaranteed profit.
• Signing up the Participant accepts all restrictions and rules of the Contest.
• The Participant’s close relatives are not allowed for taking part in the same contest. If the registration data of the contestant’s account coincides with the one of another Contestant, the Company has a right to regard this matching as a reason for disqualification.

4. Trading Terms

• After registration in the Contest the Participant gets a demo trading account.
• Initial deposit is 10000,00 USD for all Participants and it cannot be changed.
• 1:100 leverage.
• All orders put at non-market price are destined to cancellation. The Contest Administration reserves the right to disqualify the account in case it was employed at non-market quotations.
• Participants may use Expert Advisors and any trading strategies without restrictions.
• The available trading instruments at the contest will be set every month based on the most traded instruments by the organizer Clients and will be defined before the Trading Contest.
• Minimal trade volume is 0.01, maximal – 1 lot. Step is 0.01 lots.
• The maximum number of open trades including pending orders is 5.
• Stop-out level is 60%.
• The Maximum Drawdown for the account is set to 50%, beyond this level the participant will be disqualified.
• Other trading terms for contest trading accounts are the same as for live trading accounts of Brisk Markets.

5. Results Publishing

• The Participants accounts equity is available in free access on the company’s website within the contest period, after the contest period the account will not be accessible.
• The Organizer reserves the right to publish participant’s names after the Contest finishes.
• Information on the participants place of residence may be published as well.
• Contest results are published during 30 days after the Contest finishes and all checking procedures are completed.

6. Winners Determination

• After the current Contest finishes all trades are closed automatically at current prices.
• The biggest performers holders will be pronounced as winners.
• In case, two Participants have the same profit the winner is determined by Organizer.
• The winners of the Contest agree with their names publishing.
• To qualify for receiving your prize and commencing trading with it in a live account, we kindly request each winner to create and submit a brief video testimonial. This video should highlight your journey with Brisk Markets during the demo trading contest, emphasizing your personal experiences, learnings, and any feedback you wish to share.
• Participants who took one of the prize-winning places in the past Contests may not pretend to the any If a Participant takes a prize place in any past contest, his prize is delivered to the next participant by rank which is moved one by one.
• The Organizer reserves the right to decline the Participant’s registration request without reasoning and disqualify the Participant, either during the Contest or after it has finished, upon direct or indirect evidence of attempted fraudulent operations with the prize funds.

7. Prize Receipt

• The winners should open and verify their live trading accounts within 5 days after the contest results are published.
• The prize funds will be credited to a verified live trading account opened by the winner.
• The winner acknowledges liability for any activity on the account opened by the Contest and Campaign Administration or by the winner himself lying within the scope of the agreements and regulations of Brisk Markets Group.
• All prizes including the first prize cannot be withdrawn, however, any profit made over the prize amount can be withdrawn.

8. Funded Account Terms

• The Funded account is subject to rules Terms and trading conditions as below:
• Leverage set to 1-50.
• Stop-out level is 60%.
• Maximum Drawdown Set to 30%.
• Maximum Open Trades set to 5 positions.
• EAs are allowed.
• The Organizer reserves the right to declare any already given prize invalid and subject to cancellation upon direct or indirect evidence of attempted fraudulent operations with the prize funds.
• Trading account is charged off automatically at filing application for withdrawal. At considering the application the specialists make sure that the balance and free margin comply with the amount of funds available for withdrawal. In case of incompliance the sum specified in the withdrawal application is credited back to the account.
• The Company reserves the right to decline to credit the prize money if the Participant accumulates the prizes on one or several accounts.
• The Winner agrees that after any withdrawal is made the prize is being cancelled in full amount.

9. Language

• The language of the present rules is English.
• For the Participant convenience, the Organizer can provide the rules in a language different from English. The translated version of the rules is of a merely informative character.
• In case of variant readings of a translated version and the rules in English, the rules in English are considered as a prior reference standard.

Brisk Markets reserves the right, in its sole discretion, to change, modify or terminate the Offer or any aspect thereof, at any time and without any prior notice.