Community Predictions Contest aims to introduce Swiss Forex application to Community users and to reward them for their active participation.
Community Predictions Contest is a competition between Community participants who make currency predictions using Swiss Forex application.
Predictions are valid for ranking calculation in case all of the following requirements are met:
User should place predictions via Swiss Forex application only.
User should log in to Dukascopy Community in Swiss Forex application.
User should place daily predictions only (weekly and monthly predictions are not taken into account).
The minimum amount of predictions made during the contest period by one participant must be at least 10.
Contest ranking is based on the difference between right and wrong closed predictions. The higher the positive difference between right and wrong closed
predictions, the higher the Community participant’s positions in the rating. In other words Net result is based on
positive/negative points(%) for each daily closed prediction during one contest month.
The Contest is conducted regularly on a monthly basis.
PRIZES AND AWARD REGULATIONS
Prize will be paid after the contest period is closed to Community user who has successfully met the requirements set forth in the Contest rules (see
The total prize pool of USD 2,000 is distributed among 10 winners of the Contest in the following manner:
1st place - 500 USD
2nd place - 400 USD
3rd place - 300 USD
4th place - 200 USD
5th - 10th places - 100 USD
The contest winners may withdraw their cash prizes and the profits generated from their cash prizes on their respective sub-accounts after meeting the
minimum turnover requirement. The minimum turnover requirement constitutes 2.5 million USD for every 100 USD won in the contest.:
1st place – 12.5 million USD
2nd place - 10.0 million USD
3rd place - 7.5 million USD
4th place - 5 million USD
5th-10th place - 2.5 million USD
Participants are allowed to withdraw funds in full only when there are no blocked prizes in the account. Profit can only be withdrawn when there are no
blocked prizes in the account.
If there are both blocked and unblocked prizes:
participants are only allowed to withdraw the sum of unblocked prizes;
only the positive difference between equity and sum of blocked funds can be withdrawn;
the sum of withdrawn funds can't exceed the sum of unblocked funds.
If Participant does not have a live account with Dukascopy, then he/she should proceed to open a live account opening in a regular way. If Participant does
not comply with the requirement to opem live account, Dukascopy reserves the right to cancel the cash prize.
Cash prizes may only be credited to a live sub-account open with Dukascopy in the name of the relevant Participant.
LIVE accounts which are credited with prize money are considered LIVE Prize accounts. LIVE Prize accounts can only be credited with cash prize money. Clients
are not allowed to credit their own funds on this type of account
Prizes may only be credited to sub-accounts that are not linked to any Business Introducer. If needed, Dukascopy opens new sub-accounts not linked to the
Participants’ Business Introducers, if any, and credits the prize(s) on such new sub-accounts.
If a Participant already has a Live account but has not yet any open sub-account, Dukascopy opens a sub-account in the Participant’s reference currency and
credits the prize(s) on this sub-account.
Except for a contrary and valid preliminary written instruction of the Participant, Dukascopy converts the prize(s) into the currency of the sub-account on
which the prize(s) shall be credited in application of the present “Prizes and Awarding Rules”. Such conversion is subject to fees as per the fee schedule posted on Dukascopy’s