Santa is back with plentiful presents for our dear clients, he knows that whatever your behavior was this year, you definitely deserve better!
Grand Capital launches the Christmas contest "Santa saves the day": make a deposit, engage in active trading from December 16th to 31st, and get the opportunity to bring home one of the generous money prizes up to $5,000 from the Good Santa whom we all need this year.
Terms of the contest
1. General terms and conditions
1.1 The “Good Santa” promotion (hereinafter “the contest”) is held from December 16th, 2020, 7:00AM (UTC) to December 31st, 2020, 7:00AM (UTC).
1.2 The contest is organized by Grand Capital Ltd. (hereafter “The Company”)
1.3 Total prize fund is $8,500.
1.4 Only real Standard accounts can be used to participate in the contest.
1.5 The minimum deposit amount required to participate is $200.
2. Participants
2.1 Both new and existing clients of Grand Capital Ltd. with real Standard accounts can participate in the contest.
2.2 Clients who have multiple accounts can only use a single account to participate in the contest.
2.3 Employees of Grand Capital Ltd. and their relatives cannot participate in the competition.
2.4 Clients who had previously claimed any bonus amount can also participate in the contest.
2.5 A participant must carefully read and follow the present rules. Ignorance of the rules cannot be considered as a valid claim reason.
3. Participation in the contest
3.1 In order to participate, one has to open a Standard account or use one of the existing Standard accounts.
3.2 Personal data provided by the participant upon registration of a Standard account has to match the Documents uploaded in the Personal Cabinet, in accordance with the Regulation. If the data does not match, Grand Capital holds the right to disqualify the participant at any time.
3.3 To register, go to the contest page at https://grandcapital.net/promo/good_santa, enter a username, choose the account you wish to use and confirm your participation.
3.4 After a successful contest registration procedure, participant’s client number is transferred to the company’s list of contest participants.
3.5 The contest registration is open during the entire period of contest duration — until 7:00AM on December 31st, 2020.
3.6 You can follow the results in our online leaderboard.
3.7 If a client has a Personal Office, but does not have a Standard account, he/she can open a Standard account and register it in the contest.
3.8 If a client does not have a Personal Office with Grand Capital Ltd, he/she should register on the website. After that, access to Personal Office will be granted, where the client can open Standard account in order to participate in the contest.
3.9 It is forbidden to operate an account associated with the present promotion through an anonymous proxy server. If more than 5 (five) connections to the account from different IP addresses belonging to different regions are detected, the account will be disqualified.
3.10 The Company is obliged to protect the privacy of all the contest participants. Only usernames of the participants and their account IDs will be used in the leaderboard and in the final announcement of the results.
4. Duration of the contest
4.1. The contest will last 2 weeks (12 working days).
4.2. The contest starts on December 16th, 2020, at 7:00AM (UTC) and ends on December 31st, 2020, at 7:00AM (UTC). The results will be announced after December 31st.
5. Transactions on contest account
5.1. While performing any transaction participants must follow “The regulation of procession and effectuation of trading transactions” and affiliated documents.
5.2. Maximum leverage cannot be higher than 1:100.
5.3. Any assets can be traded in order to increase your rating (except shares of Russian and American companies: CFD STOCKS US, Russian STOCKS). Only closed trades at the moment of the contest expiration can be used to determine the final results. Open trades cannot be used for rating calculation.
5.4. There is no limit to the number of simultaneously open positions.
5.5. Maximum amount of open Lots is 25.
5.6. Multidirectional trading is prohibited.
5.7 If any malicious activity or actions that contradict with the terms and conditions of the contest or The Company’s regulations are detected, the participant associated with it will be disqualified.
6. The contest results
6.1 All the results of the contest will be published on the company’s website in an online rating (aka leaderboard) which updates every 2 hours. The results published on the website while the contest is still taking place cannot be considered final.
6.2 The three traders who earn the most points to their accounts will be proclaimed winners. Points are earned according to the following factors: your initial deposit, the number of lots traded during the run of the promotion in your contest account, as well as the amount of additional funds deposited into your contest account during the run of the promotion. The three winners will receive:
$5,000 – 1st place
$2,000 – 2nd place
$1,000 – 3rd place
There are also 50 prizes $10 each for participants who finish 4th to 53th.
6.3 The prize funds can only be deposited to the real Standard account used to participate in the Contest. The trading volume on this account during its participation in the Contest should amount to no less than 1 (one) full lot.
6.4 Participants can withdraw prize funds at any time after they are deposited to the participant’s account
6.5 Final results of the contest will be determined in 3 (three) working days time upon the contest completion and will be published on the company’s website not later than 4 working days after the contest ends.
6.6 Prize funds will be deposited to the winners’ accounts within two weeks time after the final results are announced.
6.7 Prize funds are deposited according to the company’s exchange rate. If order to receive the prize funds the winner must request it through the Private Office.
In order to request the prize funds follow the instructions:
1.Go to your Private Office – Support – Create Ticket
In the title you should state:
Contest name, Contest dates, Your position in the rating.
2.In the Text field you will need to state:
Standard account number
Your Full name
For example:
Title: Contest “Good Santa”
1st place
Text: Account Standard №123123, Markus McKinsley
6.8 The winners are determined as following:
-To calculate the rating we use a Trade Volume, according to which the participants’ positions are calculated (the higher the volume, the higher participant’s position is).
-The Volume is calculated with the formula: V=N*(B+D/100), where
N – total number of Lots traded, B – account balance at the moment the contest starts, D – deposits made while the contest was going on.
Example: Participant’s Initial deposit was 200USD. During the round the following orders were opened: EURUSD – 1.6 Lots, USDCAD – 1.2 Lots. During the round the participant deposited additional $150 to the account. In this case, the final result will be calculated as following:
V=(1.6+1.2+2.1)*(200+150/100)=987,35 (the Volume will be shown in the rating)
6.9 If it is determined that the winner used fraud schemes to achieve the results, he/she will be disqualified and the prize funds will be given to the next participant in the rating.
6.10 The final results cannot and shall not be revised.
7. Claims
7.1 All claims that arise during the contest regarding account transactions will be dealt with according to The regulation of procession and effectuation of trading transactions.
7.2 If the rating is boosted intentionally with abusing various system malfunctions or inaccuracy in the formulas or the Terms and conditions of the Contest, Grand Capital Ltd. has the right to issue a warning or disqualify the participant. Also, if any fraudulent behavior is detected, the Company has the right to disqualify such participant.
7.3 The disputes will be resolved based on common market practice.
7.4 All claims regarding the Contest can be sent to [email protected]
7.5 All the claims should contain the following information: Participant’s full name, Participant’s Residential Address, Account ID and Full description of the problem.
8. Force Majeure
8.1 The company can suspend or terminate the contest if a considerable amount of participants are put in unfair conditions compared to the remaining participants.
8.2 In the event of termination of the Contest, the company may resume it with the same participants (having saved their account at the time of suspension or restore the state of the accounts as it was at the beginning of the contest), or hold the registration again and the launch a new contest. Should such event occur, the company will notify the clients by announcement published on the website).
8.3 If the contest is not resumed and therefore, not completed, the results of the contest cannot be considered Final and cannot be a reason for awarding prizes.
8.4 The company holds the right to change the terms and conditions of the contest at any time.