Rules for the Coin Contest Tournament for real accounts

1. General provisions

1.1. The Coin Contest Tournament (hereafter, the Tournament) on real accounts in StormGain (hereafter, the Organiser) is held for a limited selection of StormGain clients who apply to participate in the Tournament via the Tournament webpage on the Organiser's website.

1.2. Apple, Google and Huawei are not sponsors of the Tournament and are not affiliated with this promotional activity.

1.3. Tournament Period:

The Tournament will begin at 00:01 EEST (UTC/GMT +3) on 25.09.2020 and end at 24:00 EEST (UTC/GMT +3) 11.10.2020.

1.4. Full information on the Tournament conditions (rules), as well as a Rankings Board (results), will be published on the Tournament webpage on the website https://stormgain.com.

1.5. But applying to participate in the Tournament, Participants consent to the publication of the following information about them in the Rankings Board: the Participant trading account number and the Participant's result as calculated according to the formula described in Point 3.3. of the Tournament Rules.

1.6. The Organiser reserves the right to deny a Participant's registration to participate in the Tournament or to disqualify a Participant without disclosing the reason(s) for doing so.

2. Participation Criteria

2.1. Current or former employees of the Organiser or its Partners (family members and immediate relatives), affiliates of the Organiser and its Partners (family members and immediate relatives) may not participate in the Tournament.

2.2. Clients with duplicate accounts registered with the Company may not participate in the Tournament.

2.3. Individuals under 17 years of age may not participate in the Tournament.

3. Tournament Conditions

3.1. To participate in the Tournament, StormGain clients may use only their real accounts. The real account must start the Tournament with a balance of 100 USDT or more or have such an amount added to it during the Tournament Period.

3.3. The objective of Tournament Participants is to achieve the highest result as calculated according to the formula:

Результат = PL ÷ (Account balance at the start of the Tournament +Deposits made during the Tournament Dates), where:

PL is the sum of positive and negative trades opened and closed during the Tournament.

The Account balance at the start of the Tournament is the total balance of all funds, including bonus funds and open positions at the start of the Tournament.

Deposits made during the Tournament Period are the sum of all deposits made by the Participant during the Tournament.

3.4. A Trade during the Tournament is a trade with opening and closing dates that fall within the Tournament Period.

3.5. Participant rankings are regularly updated and published on the Tournament webpage.

3.6. Tournament results are tallied within three business days after the end of the Tournament.

3.7. An account is valid for the purposes of the Tournament throughout the entire Tournament Period in which the specific given account of a client is registered, except in cases of disqualification..

3.8. In the event that joint tactics are used by one or several Participants in different accounts are discovered, the Organiser will disqualify all accounts at any stage of the Tournament.

3.9. In the event that more than one account opened with the Company by the same Participant are used during the Tournament, the Organiser will disqualify all accounts at any stage of the Tournament.

4. Criteria for Determining Winners and Prize Recipients.

4.1. Participants that achieve the highest aggregate positive result as calculated according to the formula described in Point 3.3. of the Tournament rules shall be considered Winners.

4.2. In the event of a tie between two or more Participants with the same value, the Participant who first reached the value shall receive priority.

4.3. The Organiser shall tally and publish the results on the website within three business days after the end of the Tournament. Without disclosing personal data, the results shall be published by indicating the prize place, prize amount, Participant account number and the sum of all trades. Based on this information, a participant shall receive a message containing information that he/she has won. If for any reason, a message is not received, the Participant shall determine on their own whether he/she is among the Tournament Winners by consulting the Tournament results.

4.4. To receive a Tournament prize, Winners must provide documents proving his/her identity to StormGain's support service. A passport, identification card and/or driver license may serve as these documents. The winning account must have been opened in the Winner's name.

4.4. The Tournament Prize Fund is 5000 USDT in real funds credited to trading accounts, as well as 10000 USDT bonus funds credited to bonus accounts.

The Prize Fund is distributed according to the following table:

Place

Prize

Type of funds

1

2500

USDT

2

1000

USDT

3

500

USDT

4

300

USDT

5

250

USDT

6

150

USDT

7

100

USDT

8

80

USDT

9

70

USDT

10

50

USDT

11

2500

Bonus

12

2500

Bonus

13

1000

Bonus

14

1000

Bonus

15

500

Bonus

16

500

Bonus

17

300

Bonus

18

300

Bonus

19

250

Bonus

20

250

Bonus

21

150

Bonus

22

150

Bonus

23

100

Bonus

24

100

Bonus

25

80

Bonus

26

80

Bonus

27

70

Bonus

28

70

Bonus

29

50

Bonus

30

50

Bonus

4.5. The prize shall be credited to the Winner's StormGain account within 3 business days after Winners are determined.

4.6. The same client can be declared a Winner and receive a prize only once.

5. Rights and responsibilities of the Organiser and Participants

5.1. The Organiser shall:

5.1.1. Publish an up-to-date version of these Rules on the website https://stormgain.com/, on a webpage accessible to Participants.

5.1.2. Select Tournament Winners from among Tournament Participants who meet the criteria of the present Rules.

5.1.3. Credit the monetary equivalent of the prize to the Tournament Winners' accounts as determined in accordance with the present Rules.

5.2. The Participant shall:

5.2.1. Not commit any fraudulent actions within the framework of the Tournament.

5.2.2. Not perform any actions that violate the present Rules within the framework of the Tournament.

6. Concluding Provisions

6.1. The Organiser may amend the present Rules without notifying Participants in advance.

6.2. The Organiser reserves the right to disqualify a Participant (not permit a Participant to participate) without disclosing the reason(s) for doing so.

6.3. The Organiser may stop the Tournament without disclosing the reason(s) for doing so.

6.4. StormGain's Client Support Department will not review any completes connected with participation in the Tournament.

6.5. In the event that a complaint arises, the Organiser and Participant(s) shall make every effort to resolve the complaint through negotiation.