Frequently Asked Questions
How do I enter a competition?
In order to enter a competition, first you have to register with Forex Competitions
- The registration process will include 3 parts: Personal Details, Account Data and Confirmation (which includes reading and accepting the terms and conditions).
- After completing the registration process you need to download the MetaTrader4 platform (under the download section), install it on your computer and enter your login details.
Why do I have to register?
- Registration is important for security reasons. The trader needs to know that his details will not be used or given to any third party users and from Forex Competitions side to know that the user is legal (18+).
- The trader has to register in order to start using our services (competitions, forums, etc).
What personal details are needed in order to register?
- We need the name and surname, the date of birth in order to verify that you are of legal age to use our services. Moreover inserting your email is necessary in case you lose or forget your password and if you wish we can send you the latest promotions (not mandatory).
Am I committing myself to anything by registering?
No. Your registration does not bind you in any way besides accepting the terms and conditions of forexcompetitions.com.
What kind of problems may occur when registering?
- ID may be occupied by another entrant and you have to choose another one.
- An individual can only register one time only.
- The data you put when registering cannot be changed.
How is my data protected?
- We use all the high-tech security measures to provide you with the best protection at all times.
- A firewall protects all your personal details against unauthorized access by third parties at all times.
How will I collect my prize?
- When winning any prize from competitions, the individual must submit photocopies of their ID or Passport within 5 days, Forex Competitions reserves the right to request additional documents or procedures in order to verify the winners’ identity. Only then the prize funds will be deposited in the ACFX live account of the individual who won the prize.
- Prize funds will be deposited in the ACFX live account of the individual.
- In order to receive the prize, the winner should open a real/live account with ACFX (unless the winner already has an account) and deposit at least $50 in that account to activate it.
Will I be able to withdraw my winning prize?
- In order for the winner to withdraw his money from the live account, the individual must provide a bank account, and only if the bank account is opened in the name of the participant. ACFX reserves the right to request additional information/documents in order to verify the winners’ identity.
- Also for every $5 to be converted to balance client must at least trade 1 lot. Only after the credit is converted to balance, the client can withdraw.
Will I have to participate in any promotional activities?
- Prize winners will be asked to participate in Forex Competitions PR division, which includes interviews, photo-reports and the public notification through mass-media about the results of the competition. We will not reveal any personal information (real name etc) without participant’s consent.