In 2008 micro-accounts holders can participate in the «Real» Contest. «Real Classic» and «Real Micro» contests are held on the accounts with the deposit currency in USD, EUR and RUR with the minimum deposit restricted.
«Demo» Traders' Contest 2008 has not undergone any significant changes.
Concept
The concept of the Traders' Contest 2008 is based on the estimation of a trader by a qualified investor:
- change of the liquid balance rather than of the balance of an account is important, that is change of the funds inclusive of the floating profit/loss;
- trading with low margin level is connected with unacceptable risks.
«Real Classic» Traders' Contest 2008
Realization
Liquid balance on the contest accounts will be fixed daily at the moment when daily reports are formed. Later on the basis of these data trading will be analyzed. Margin level index will worsen total trading figures when trading with low margin level. Thus, it will be unprofitable for a trader to open positions with a large volume as his chances to win decrease when trading the whole deposit.
Percentage of Profit, Drawdown, Profit Factor and Money Management will be used in the calculation of the rating. These are indices most frequently used by investors. Total analysis of these indices reflects the quality of trading at most.
Prizes
Participants who rank one of the first five places by the results of each round get prizes in terms of money. Depending on the place Alpari credits participant's live account (which participated in the Contest) with the following sum of money:
| Place | Prize sum of money |
| 1 | 5000 USD |
| 2 | 3000 USD |
| 3 | 2000 USD |
| 4 | 1500 USD |
| 5 | 1000 USD |
Following the results of the whole Contest the participant who ranks the first place in cumulative rating is awarded. The all-round winner is awarded by the main prize the right to manage a live account with the initial deposit 50 000 USD.
A minimal period of the live account managing is one year.
A maximal period of the live account managing is unlimited.
See the full Regulations for the «Real Classic» Traders' Contest 2008 and register to participate in the «Real Classic» Contest.
«Real Micro» Traders' Contest 2008
Realization
Liquid balance on the contest accounts will be fixed daily at the moment when daily reports are formed. Later on the basis of these data trading will be analyzed. Margin level index will worsen total trading figures when trading with low margin level. Thus, it will be unprofitable for a trader to open positions with a large volume as his chances to win decrease when trading the whole deposit.
Percentage of Profit, Drawdown, Profit Factor and Money Management will be used in the calculation of the rating. These are indices most frequently used by investors. Total analysis of these indices reflects the quality of trading at most.
Prizes
Participants who rank one of the first five places by the results of each round get prizes in terms of money. Depending on the place Alpari credits a participant's live account (which participated in the Contest) with the following sum of money:
| Place | Prize sum of money |
| 1 | 3000 USD |
| 2 | 2000 USD |
| 3 | 1500 USD |
| 4 | 1000 USD |
| 5 | 500 USD |
Following the results of the whole Contest the participants who rank one of the first three places in the cumulative rating are awarded. They also get prizes in terms of money. Depending on the place Alpari credits a participant's live account with the following sum of money:
| Place | Prize sum |
| 1 | 7000 USD |
| 2 | 5000 USD |
| 3 | 3000 USD |
See the full Regulations for the «Real Micro» Traders'Contest 2008 and register to participate in the «Real Micro» Contest.
«Demo» Traders' Contest 2008
Realization
Real daily change of funds is fixed by rollover, i.e. every night positions will be closed and reopened, fixing preliminary results in the report. Thus, the report on trading will reveal real movement on the account. We set the maximum leverage 1:10 in this Contest.
Profit, Drawdown and Profit Factor will be used in the calculation of the rating. These are indices most frequently used by investors. Total analysis of these indices reflects the quality of trading at most. There will be only FOREX nomination in the Contest as our clients are in different time zones. Thus, our clients from some time zones will be under disadvantageous conditions when trading instruments, which are not traded on a 24-hour basis.
Prizes
Participants who rank one of the first five places by the results of each round get prizes in terms of money. Depending on the place Alpari credits participant's live account with the following sum of money:
| Place | Prize sum of money |
| 1 | 2000 USD |
| 2 | 1000 USD |
| 3 | 700 USD |
| 4 | 500 USD |
| 5 | 300 USD |
Following the results of the whole Contest participants who rank one of the first three places in cumulative rating are awarded. They get prizes in terms of money. Depending on the place Alpari credits participant's live account with the following sum of money:
| Place | Prize sum of money |
| 1 | 5000 USD |
| 2 | 3000 USD |
| 3 | 1500 USD |
It should be noted that a participant awarded with money by the results of a regular round or of the whole Contest can choose what to do with the prize:
- try to increase the sum of money, managing it on the live account, or
- withdraw the sum of money.
See the full Regulations for the «Demo» Traders' Contest 2008 and register to participate in the «Demo» Contest.
We wish good luck to all participants of the Contest!
