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Unlimited Prize Pot up for Grabs
Come and Win it All!
#How to register
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Open a new USGFX live account

** You are required to open a new live account for the competition regardless of any existing account you may already have with USGFX.

Deposit funds for competition

Select the level of the contest you want to be in and then deposit the required funds for the level you chose. Confirm with your USGFX account manager that you have made a deposit for the competition.

Please note that you will be disqualified if any withdrawals are made during the competition!

Wait until the starting time of the competition and begin trading or turn on your EA!

When the funds arrive, you may begin to trade with your live account.

click here to download MT4 platform

Heavyweight (Group A)

Total Trading Volume

0Lots

Accumulated Prize

$0USD

Middleweight (Group B)

Total Trading Volume

0Lots

Accumulated Prize

$0USD

Featherweight (Group C)

Total Trading Volume

0Lots

Accumulated Prize

$0USD

Total equity growth rate calculator(Ending Equity – Total Deposit)/ Total Deposit x 100%

Ending Equity

$ USD

Total Deposit

$ USD
Total Equity growth rate0.00%
#Introduction_

USGFX Jackpot Challenge 2 welcomes top traders around the globe to challenge each other and see who is going to be announced in USGFX Hall of Fame!
The prize is cumulative and unlimited; it will based on contestants' total growth percentage of equity in their accounts of each levels.
For more details on the calculation, please go to Prize Calculation.

#Competition Period_

Registration Deadline: Registration starts 6 November! Register your participation before 29 December 23:59:59 (UTC+3), 2017.
Competition Period: From 6 November to 12 January 23:59:59 (UTC+3), 2018

#Contest Category_

Contestants will be categorized into the following levels based on the deposit amount. Each level will be independently evaluated.

Heavyweight (Group A)
Heavyweight (Group A)
$10,000 USD and over
$3000 - $9999 USD
Middleweight (Group B)
$3000 - $9999 USD
Featherweight (Group C)
Featherweight (Group C)
$200 - $2999 USD

The size of your deposit will determine your group, contestants are not allowed to change their group, even with further deposits.

i.e. Initial deposit is $2000 USD, therefore the group will be Featherweight (Group C). Contestant deposits another $2000 USD during the competition, pushing the total deposit to $4000 USD, which is qualified for Middleweight (Group B). However, the contestant shall stay in the initial group they chose. The group class can not be changed after the competition has begun.

#Prize Calculation_

Heavyweight (Group A)

USGFX offers initial prize of $6000 USD for heavyweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $5 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

Middleweight (Group B)

USGFX offers initial prize of $3000 USD for middleweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $4.5 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

Featherweight (Group C)

USGFX offers initial prize of $1000 USD for featherweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $4 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

#Prize Distribution_

The top six contestants who have the highest ROI (Return on Investment) will be named the winners. Each level will have six winners so there will be 18 winners in total.
Prize distribution is set as below:

Grand Prize

Second Prize

Third Prize

Fourth Prize

Fifth Prize

Sixth Prize

#Competition Rules_
Registration Detail
  1. USGFX JACKPOT CHALLENGE is competing through live account; contestants are required to execute the trade yourselves and bear the loss and profit. Investments involve a certain degree of risk, which contestants shall be aware of.
  2. Contestants are required to open a live account with USGFX. You can compete in different categories at the same time during the competition if you wish; however, you are only allowed to open one account for each category during the competition. Those who fail to register account properly with USGFX will be disqualified.
  3. Provided that the contestants' total funds in the account reach a certain level that can be qualified for a higher category due to profit or further deposit; the contestants shall remain in the first chosen category. For those who request to change your competing level will be considered as a re-join to the competition. Previous performance will not be counted.
  4. Contestants are allowed to retain their positions if they wish at the end of competition. Total account equity will be calculated by closing price and used for ranking.
Trading Terms and Conditions
  1. Account type for the contestants:
    Competition Category Account Type Default Leverage
    Heavyweight (Group A) Standard Account 1:500
    Middleweight (Group B) Standard Account 1:500
    Featherweight (Group C) Mini Account 1:500
    Competition Category Heavyweight (Group A)
    Account Type Standard Account
    Default Leverage 1:500
    Competition Category Middleweight (Group B)
    Account Type Standard Account
    Default Leverage 1:500
    Competition Category Featherweight (Group C)
    Account Type Mini Account
    Default Leverage 1:500
    All the contestant's account will be using USGFX Live 2 server exclusively for the competition.
  2. The competition is only open to trading Forex and precious metals. CFD does not apply.
  3. In the case of the contestants who are facing forced liquidation, the contestants may deposit at any time to sustain its margin level. If the forced selling has occurred within an account, the contestant is allowed to re-attend the competition by depositing again. The latter deposit will be included in the total deposit for calculation.
  4. EAs are allowed for the competition. Scalping is banned for all account types. (Scalping refers to the positions that are open less than 180 seconds)
  5. The minimum transaction volume (Lots volume) for the contestants shall reach 2% of the total deposits. i.e. Net deposit is $10000 USD, then the minimum transaction volume is 200 standard lots. Those who fail to meet the minimum transaction requirement will be disqualified.
  6. Those who make a withdrawal during the competition will be disqualified.
  7. Competition Ranking Calculation is based on Total growth percentage in Equity = (( Ending Equity - Total Deposit ) / Total Deposit ) * 100%
    • Example 1:Initial deposit is $10000USD; contestant made $10000USD in profit with ending equity of $20000USD. In the end, the ending equity is $20000USD.
      Then, the total growth percentage in equity = ( 20000 - 10000 ) / 10000 * 100% = 100% (If total lot traded is less than 200 lots, contestant will be disqualified)
    • Example 2:Initial deposit is $10000USD; contestant deposited another $5000USD later on. Contestant made $5000USD in profit with ending equity of $20000USD.
      Then, the total growth in equity = ( 20000 - 15000 ) / 15000 * 100% = 33.33% (If total lot traded is less than 300 lots, contestant will be disqualified)
    • Example 3:Initial deposit is $10000USD; contestant made another deposit of $5000USD. Later on, contestant withdrew $7000USD during the competition. Contestant made $12000USD in profit with ending equity of $20000USD.
      ** Please note that under this circumstance the contestant will be disqualified due to withdrawal during the competition.
  8. A contestant who has the negative ROI(Return of Investment) will not be named as a winner in the top-six list.
  9. MAM, PAMM and ECN account do not apply to this contest.
  10. The cumulative transaction volume and prizes and will be announced daily on USGFX's official website during the competition.
Receiving the Prize
The result of the competition will be announced on the official website of USGFX five days after the end of the competition. The prize will be transferred to contestants live account used during the competition seven days after the competition ends; the prized can also be received in cash.
Disclaimer:
  1. Having verified submitting of false information upon registration.
  2. Failure to meet or violation of the above conditions.
  3. Any breach of USGFX trading terms and conditions.
  4. USGFX reserves the right to modify and terminate the contest at any time, depending on the particular circumstances of the contest.
  5. USGFX reserves the right to cancel the award of participants once violation of the competition rules are verified.
  6. If there is any objection to the above terms, please do not participate in this contest.
  7. This contest may not be used repeatedly with other USGFX activities.
  8. The final interpretation of this contest is owned by USGFX.
  9. In case of any discrepancies or inconsistencies between English and other foreign language versions of this competition, the English version shall prevail.