Mini Forex Trading Contest Rules

1. CONTEST ENTRY AND ELIGIBILITY
The contest is open to new and existing FXTSP Mini Forex Trading clients. There is only one entry per account holder or trader. If a trader has more than one Mini account, the account with the greatest percentage gain at the end of the month will be entered in the contest.

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2. CONTEST TRADING PERIOD
The contest will begin on the first of each month, and will end on the last day of each month. Open positions need not be liquidated for purposes of determining the winners. Percentage gain will be based on ending gross P/L (including floating P/L) as a ledger balance against the beginning balance for the calendar month. If deposits are made, FOREX CAPITAL MARKETS LLC GROUP will use the highest balance as a ledger against the ending gross P/L.


3. CONTEST TRADING ACCOUNT
Entrants agree to deposit a minimum of $1000 into an FXTSP Mini Account. Funds may not be withdrawn from the account except upon the Entrant's termination of participation. In order to win the monthly prize, traders must have a minimum balance of $1000 by the 1st of that month.


4. CONTEST TRADING REGULATIONS
The purpose of the contest rules is to ensure that every trader will have the same opportunity for success as other traders. FOREX CAPITAL MARKETS LLC GROUP reserves the right to amend, waive or interpret any rule in its sole discretion when doing so would be in the best interests of the contest.


5. DETERMINATION OF THE WINNERS
Each month the top five traders will be determined as follows: The Mini account will be marked to market on the close of the trading day (4.59 PM New York time) on the last day of the month in order to figure the Entrant's “ending P/L.” For the purpose of the contest results, ending P/L (including floating P/L) will be the ledger balance against the beginning balance. Deposits will be deducted from the ending P/L. The five traders with the highest percentage gain will be determined the winners.


6. USE OF CONTEST FOR PROMOTIONAL PURPOSES
To be eligible for participation in the King of the Mini Contest, all traders must be willing to let their trading record be published and/or distributed by FOREX CAPITAL MARKETS LLC GROUP, its agents, and successors during and after the life of the contest. If the trader chooses not to release his/her trading record he/she will not receive the prize money.


7. COMMUNICATION DELAYS
FOREX CAPITAL MARKETS LLC GROUP shall not be responsible for any delays in the acceptance or transmission of orders due to a breakdown or failure of transmission or communication facilities, or for any other cause beyond their reasonable control or anticipation.


8. NO SCALPING
At FOREX CAPITAL MARKETS LLC GROUP's discretion, entrants may be removed from the contest for employing trading techniques resembling “scalping” or “picking”.


9. NUMBER OF TRADES
Entrants in the contest must trade a minimum of 10 trades (number of tickets) per month. Failure to comply with this rule will result in disqualification.


10. DISENTITLEMENT
FOREX CAPITAL MARKETS LLC GROUP has sole discretion to disqualify any Entrant found in violation of the rules of the contest or applying inappropriate trading strategies.


11. POSTPONEMENT OR CANCELLATION
FOREX CAPITAL MARKETS LLC GROUP reserves the right to extend the trading period, to postpone the starting date until after the first of each month, or to cancel the contest if FOREX CAPITAL MARKETS LLC GROUP, in it its sole discretion, determines that such action is reasonable or necessary. FOREX CAPITAL MARKETS LLC GROUP, in its sole discretion, may reject any Entrant's application for any reason.