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© 2020 TriumphFX
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Decide Your Grand Prize

Be the Highest Gainer and win any prize that you desired!

Join Now

Win Amazing Cash Prizes

There are also attractive cash prizes & LOR points waiting to be won!

First Prize

1,000 usd

Second Prize

500 usd

Third Prize

250 usd

4th - 8th Prize

100 usd

9th - 15th Prize

5,000 LOR PT

Registration Period


Competition Period

How to Join?

1

Register & Login to your Traders Room
For IB, learn more here

2

Click the Launch Control panel button to join within the Registration Period

3

Start trading within the Competition Period to make the highest gain

Until the Competition ends. Make it to the top!

Terms and Conditions

Introduction

1. Launch Control Trading Competition 2.0 2020 (hereinafter referred to as “Competition”) is a trading Competition organised by TriumphFX.
2. Existing traders refer to individuals who already have a retail trading account in TriumphFX; New traders refer to individuals who do not have a retail trading account in TriumphFX.

Competition Timeline

1. Registration Period: 30th Nov 2020 - 25th Dec 2020
2. Competition Period: 28th Dec 2020 - 22nd Jan 2021
3. Registration Period refers to the period where Existing and New Traders join for the Competition.
4. Competition Period refers to the period where Existing and New Traders trade and compete for the Competition.
5. Traders will not be able to join and participate in the Competition once the Registration Period ends.

Eligibility

1. This Competition is open to all types of TriumphFX retail trading accounts: Standard Fixed, Standard Variable, Premium, Platinum, VIP, Islamic Variable and Islamic Platinum.
2. Traders who are residents of the following countries are eligible to participate in this Competition: Malaysia, Singapore, Indonesia and China.
3. Traders are required to join for this Competition within the Registration Period in order to participate.
4. Demo account is not eligible to participate in the Competition.
5. A minimum new deposit of 300 USD is required throughout the Competition Period.
6. Internal transfer from existing TriumphFX accounts will not be deemed as new deposit.
7. A minimum trading of 1 lot is required throughout the Competition Period.
8. Traders who failed to fulfil the minimum deposit of 300 USD and minimum trading of 1 lot will be disqualified from the Competition, whether or not the trader wins in the Competition
9. There is no requirement on starting capital, position size or trading instrument in the Competition.
10. Introducing brokers (IBs) who are keen to participate are welcome to register a retail trading account to join.
11. Retail accounts joined for the Competition are unable to be un-joined.
12. Use of Expert Advisor (EA) is allowed in this Competition.
13. Scalping is prohibited in this Competition.
14. By participating in this Competition, traders agree to let TriumphFX run through a background check on their account legitimacy and information validity.
15. TriumphFX reserves the right to disqualify or terminate the respective trader’s qualification without prior notice if: -
   i) TriumphFX finds suspicion to believe that traders are abusing the Competition qualification, or
   ii) is fraud to misuse his or her privilege, or
   iii) Act in bad faith and/or in a manner that is not in with the Launch Control Trading Competition 2020 applicable terms and conditions.

Gain Calculation

1. The trading gain will be calculated at the end of the Competition period based on following formula:

$$ Gain = \frac{(E^{E} + W) - (E^{B}+D)}{(E^{B} + D)} $$

EE: Equity at the end of the Competition period
EB: Equity at the beginning of the Competition period
W : Withdrawals made throughout the Competition period
D : Deposits made throughout the Competition period

a. Equity at the beginning of the Competition period (EB) will be recorded on 26th December 2020 23:59:59 UTC
b. Equity at the end of the Competition period (EE) will be recorded on 23rd January 2021 00:00:00 UTC
c. Withdrawals refer to withdrawal of funds from MT4 accounts, including Pull operation to Traders Room accounts.
d. Deposits refer to deposit of funds to MT4 accounts, including Push operation from Traders Room accounts.
e. Traders who successfully attained the Highest Gain within the Competition Period shall be named the Highest Gainer.
f. If two or more eligible traders attain the same gain, the eligible trader with the higher equity will be ranked higher;If two or more eligible traders have the same equity, the eligible trader with the lower maximum drawdown rate will be ranked higher.

Competition Prizes

Grand Prize: TBD by the Highest Gainer (capped at 2,000 USD)
First Prize: 1,000 USD
Second Prize: 500 USD
Third Prize: 250 USD
4th - 8th Prize: 100 USD
9th - 15th Prize: 5,000 LOR points

1. The Highest Gainer gets to pick one (1) item only for the Grand Prize with value equivalent or not more than 2,000 USD.
2. All winners are obliged to provide details or attend a meeting for the purpose of marketing communication or prize presentation if required.
3. Any winner who failed to provide the required details or attend the meeting shall be deemed disqualified and shall not be entitled to the Competition prize.
4. All the cash prizes will be deposited directly to Account Balance upon verification.
5. All Competition prizes are not transferable.
6. All LOR points are not transferable and non-exchangeable for cash.
7. TriumphFX reserves the rights to replace the Competition prizes with other items of equal value at its sole and absolute discretion.

How To Join

1. Existing traders
   Step 1: Log into Traders Room
   Step 2: Click ‘Join now’ under the Launch Control Trading Competition 2.0 panel.
2. New traders
   Step 1: Open a new retail trading account
   Step 2: Log into Traders Room
   Step 3: Click ‘Join now’ under the Launch Control Trading Competition 2.0 panel.

Miscellaneous

1. All personal information collected by TriumphFX will be used for the purpose of this Competition prize fulfillment only.
2. By participating in this Competition, traders agree and consent to allow his/her personal data being collected, processed and used by TriumphFX for:
   i) the purpose of the Competition, and
   ii) marketing and promotional activities conducted by TriumphFX including but not limited to any form of marketing and advertising activities such as posting photos, ranking and trading performance on TriumphFX website and social media accounts.
3. TriumphFX reserves the right, at its absolute discretion, to modify or amend the terms and conditions; the type and names of prizes at any time with or without prior notice and explanation.
4. TriumphFX shall not be held responsible for any technical disruption such as weak internet connection that can affect the result of trading and Competition.
5. In the event that any dispute and/or misrepresentation is made in relation to the above applicable Terms and Conditions, such dispute and/or misrepresentation shall be resolved by TriumphFX. TriumphFX’s decision shall be final and binding.
6. By participating in this Competition, traders acknowledge that they have read and agree to be bound by these terms and conditions.