Contest Regulations for Demo Accounts

Main Definitions

Name of Contest: "No Restrictions" (referred to as "Contest")

Contest Type: Contest runs in 1-week periods

Contest Organizer: United World Capital Ltd, (referred to as "Organizer")

Timeframe: Contest begins at 01:00:01 every Monday (terminal time) and ends at 22:59:59 on Friday (terminal time, GMT+2).

Contest results will be regularly summed up every Friday after a 1-week-long Contest stage has ended (terminal time, GMT+2).

Participation in the Contest

• Eligibility to participate is only possible for UWC clients with verified trading accounts and after filling in an application to enter for the Contest.
• Both natural persons and legal entities may participate.
• Participants must be at least 18 years old.
• Participant must register on Organizer's website and open a separate demo account.
• Only one (1) entry per participant and only one (1) demo contest account is allowed during the Contest.
• All information provided by Contest participant must be valid.
• Organizer has the right to decline participant’s registration without any previous explanation.

Contest Trading Conditions

Every participant has their own demo account to which the following trading conditions are applicable:

• Account Type: demo
• Deposit Currency: USD
• Start Deposit: 10,000
• Leverage: 1:500
• Minimal Contract: 0,01 lot
• Maximal Contract: 10000 lot
• Instruments available for trading: ALL
• Advisors: can be used
• SWAP: SWAP-free
• Stop Out Level: 10%
• Restriction for the number of simultaneously opened trades: no restrictions

Contest participants agree to accept and follow General Business Terms and Contest Regulations while performing account operations.

It is against contest regulations to have deals requiring less than 3 minutes if the number of these deals exceeds 20% of all deals on your account.

Contest Winner

A Contest winner is a participant who has the biggest trading balance on their account by 22:59:59 every Friday (terminal time, GMT+2). All trades will be automatically closed at the last price of the corresponding instrument by the time of Contest termination.

United World Capital Limited shall not disclose any personal data of Contest participants without contestants' previous consent. The rating table available for free access will only contain the following details: account number, country of residence and current account balance.

By entering the Contest, participants agree to submit their real name and recent photo (JPG format) in case of being among the first 3 Contest winners. Participants also agree to submit a brief contest testimonial describing their experience/opinion about the Contest. Prizes shall be withdrawn from the trading account as soon as contestants agree to UWC publishing their real names, photos and testimonials under "Company News".

Contestants may go in for more than one contest series during one month, but they are entitled to one prize/month only.

If you are among the prize winners several times in a row during one month, you will receive your prize according to the place you won in the first contest series. Any further prizes you win in the same contest during one month will be automatically given to the contestant who follows you on the list of winners.

Please submit your full name, brief testimonial and photo to
contest-testimonials@uwcfx.com

Prizes

Total amount of prize: 600 USD.

1^st place – 300 US dollars
2^nd place – 200 US dollars
3^rd place – 100 US dollars

If two or more participants obtain the same results and are eligible to receive the prize, each of them will receive the same prize amount. Prizes are deposited to Contest winners' trading accounts within max. 5 business days after the end of the Contest.

Prizes can be withdrawn from the trading account in accordance with the General Business Terms at Contest winners' earliest convenience and by any convenient method.

Participants' Disqualification

The Organizer reserves the right to disqualify any contestant in the course of the Contest by explaining the reason for doing so.

The reasons for disqualification may be the following:

• Justified suspicion that participant trades on more than one account
• Violation of Contest Regulations
• Violation of General Business Terms or other regulatory documents
• Participants with deals requiring less than 3 minutes if the number of these deals exceeds 20% of all deals on their account

Disputable Situations

In case of technical errors including trading server or connection failure, and any other errors of technical nature, only claims related to GTC (good till cancel) orders execution will be considered. This also applies to stop-loss orders. In case of non-market quotations (spikes), trades carried out using the non-market prices shall be cancelled.

Liability

Neither employees of United World Capital Ltd nor their family members are permitted to participate in the Contest.

All issues that are not directly or indirectly described in current Regulations should be dealt with according to the General Business Terms and other UWC regulatory documents.

You should be a verified client of United World Capital Ltd.