ForexBall is an international demo trading contest held by the global broker Admiral Markets with a total prize pool of $60000. It has been done by Admiral Markets for some years ago but since, it is 2012, the new schedule starts. It is composed of 4 rounds and contestants grouped based on geographical region starts with a virtual fund of $5000.
Grouping of Participants
- Russia and CIS - Russia, Ukraine, Belarus, Moldova, Georgia, Armenia, Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan, Kyrgyzstan.
- Eastern Europe - Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Serbia, Croatia, Slovenia, Bosnia and Herzegovina, Macedonia, Montenegro, Albania, Greece, Cyprus, Turkey, Israel.
- Western and Northern Europe - United Kingdom, Ireland, France, Belgium, Luxembourg, Netherlands, Germany, Austria, Switzerland, Liechtenstein, Italy, San Marino, Monaco, Malta, Andorra, Sweden, Denmark, Norway, Iceland, Finland, Estonia, Latvia, Lithuania.
- Ibero-America - Spain, Portugal, Argentina, Bolivia, Brazil, Venezuela, Colombia, Paraguay, Peru, Uruguay, Chile, Ecuador, Panama, Costa-Rica, Nicaragua, Honduras, El Salvador, Guatemala, Mexico, Cuba, Dominican Republic.
- East and SouthEast Asia - China, Taiwan, Hong Kong, Macao, Mongolia, Korea, Japan, Malaysia, Indonesia, Singapore, Brunei, East Timor, Thailand, Philippines, Vietnam, Cambodia, Laos, Myanmar.
- Rest of The World – other countries.
- Round 1: 19.03.2012, 12:00 (London/MetaTrader) – 30.03.2012, 21:00 (London/MetaTrader)
- Round 2: 14.05.2012, 12:00 (London/MetaTrader) – 25.05.2012, 21:00 (London/MetaTrader)
- Round 3: 10.09.2012, 12:00 (London/MetaTrader) – 21.09.2012, 21:00 (London/MetaTrader)
- Round 4: 05.11.2012, 12:00 (London/MetaTrader) – 16.11.2012, 21:00 (London/MetaTrader)
- Special Rounds: depending on Admiral Markets
- Final Round: 10.12.2012, 12:00 (London/MetaTrader) – 21.12.2012, 21:00 (London/MetaTrader)
- To participate in the contest, register on Admiral Markets the traders cabinet (no trading accounts will be opened).
- From your cabinet, look for the ForexBall link so you can register automatically. (Note: AM is improving the cabinet so you might not find it yet).
- You will have a demo account opened registered for the ForexBall.
- Install the Admiral Markets MT4.
- Follow the schedule of rounds.
Prize Per Round
For The Final Round
- No more than 125 will make it to the exclusive Winners Bracket to compete in the Final Round which takes place at the end of the year
- Contest accounts remain inactive or disabled until the scheduled beginning of the corresponding round.
- Initial Balance: $5000, Leverage: leverage 1:100.
- Expert Advisors are not allowed.
- The higher the balance at the end of each round, the higher the rank.
- Each contest account must have accumulated 10 lots or more at the end of each round.
- Contestants must register 3 days before a round.
- The balance must be higher than initial balance at the end of each round.
- Prize winner must submit photocopies of their passports or ID cards within 5 days after the end of the round to email@example.com. All complaints must also be sent on the said email