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THE FUNDINGU-Competition

Competition rules

To take part in the competition, you need to publish your trading account to FX Blue Live. Winners may be required to give the competition organiser a read-only password for their trading account in order to verify the results.

The organiser has set the following rules for the competition:

  • Competitors must use the following trading software to publish their results to FX Blue Live: MT4. Competitors must publish their results to FX Blue Live using account sync or the FX Blue Publisher EA, not MT4's built-in FTP publishing.

  • The competition is open to demo accounts only (not live accounts).

  • All accounts must be in USD.

  • Account equity at the start of the competition must be exactly USD 100,000. Do not start trading until the competitor list shows your current equity as USD 100,000.

  • Competitors will be disqualified if their account equity falls below USD 90,000.

  • Competitors will be disqualified if they lose more than 5% from any peak during the competition. This applies even if the account is still profitable. For example, you will be disqualified if you start with USD 10,000, increase that to USD 20,000, but your equity then falls below USD 19,000.

  • The maximum size of any individual order is 20.00 lots. Competitors will be disqualified if they place an order larger than this during the competition.

  • Competitors are not allowed to have open positions when the competition starts. The first time your results are published to FX Blue Live after the competition starts, there must be no open positions.

  • Performance is measured from the first equity figure published by your trading software after the competition starts to the last equity figure published before the competition ends.

  • Any deposits during the competition are treated as though they happened at the start of the competition. Your performance will be affected if you make deposits towards the end of a competition.

  • Competitors must publish from the same broker account throughout the competition.

  • The competition is scheduled to run from Tue, 2 Aug 2022 03:00 GMT to Tue, 30 Aug 2022 03:00 GMT. However, the organiser may start or stop the competition early or late at their discretion.

  • MT4 users must publish their results using the FX Blue Publisher EA or account sync. You cannot use MT4's built-in FTP publishing.

All inquiries, disputes, appeals, questions, petitions, and problems will be evaluated by the competition organiser and final decisions will be considered binding and satisfactory.

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