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Trade and Become the Highest Gainer

Updated on: 27 September 2020

rank player gain (%)
HIGHEST GAINER XX48024 3.69
1ST XX52462 2.70
2ND XX53292 1.42
3RD XX62933 0.45
4TH XX45764 0.37
5TH XX62711 0.33
6TH XX38919 0.27
7TH XX35397 0.25
8TH XX62590 0.21
9TH XX40769 0.21
10TH XX46244 0.18
11TH XX41589 0.04
12TH XX27804 0.03

Decide Your Grand Prize

YOU are also in control to decide the Grand Prize if you are the Highest Gainer! The Grand Prize can be anything from a new phone, new TV, cash money or all together*!

Even if you don’t get to decide the Grand Prize, we’ve got lots of cash prizes and LOR points for you!

First Prize

1,000 usd

Second Prize

500 usd

Third Prize

250 usd

5th - 8th Prize

100 usd

9th - 15th Prize

5,000 LOR points

HOW IT WORKS

Simply join for the competition, deposit a minimum of 100USD and start trading to become one of the Highest Gain Traders.

Registration Period


Competition Period

Until the competition ends. Make it to the top!

Terms and Conditions

Introduction

1. Launch Control Trading Competition 2020 is a competition organised by TriumphFX.
2. One Highest Gainer of the competition gets to pick the Grand Prize with the value equivalent to or not more than 2,000 USD.
3. Traders who successfully attained the Highest Gain within the 1-month Competition Period shall be named the Highest Gainer. 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.
4. 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.

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

1. Equity at the beginning of the competition period (EB) will be recorded on 5th September 2020 23:59:59 UTC
2. Equity at the end of the competition period (EE) will be recorded on 3rd October 2020 00:00:00 UTC
3. Withdrawals refer to withdrawal of funds from MT4 accounts, including Pull operation to Traders Room accounts.
4. Deposits refer to deposit of funds to MT4 accounts, including Push operation from Traders Room accounts.

Competition Timeline

1. Registration Period: 10th August 2020 - 3rd September 2020
2. Competition Period: 7th September 2020 - 2nd October 2020
3. Registration period refers to the period for TriumphFX retail traders and new traders to join this competition.
4. Competition period refers to the period of TriumphFX retail traders and new traders competing for this competition, all the trading results within the competition period will be calculated for the competition ranking.
5. Traders will NOT BE ABLE to join and participate in the competition once the competition begins.

How To Join

1. Existing traders
   Step 1: Log into Traders Room
   Step 2: Click ‘Join now’ under the Launch Control Trading Competition 2020 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 2020 panel.

Competition Prizes

Grand Prize: Decided 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. All personal information collected by TriumphFX will be used for the purpose of this competition prize fulfillment only.
2. If the winners fail to provide TriumphFX all the required details within the timeframe given, the winners shall be disqualified from the competition and shall not be entitled to the competition prize.
3. All the cash prizes will be deposited directly to Account Balance upon verification.
4. The competition prizes are not transferable.
5. The LOR points are not transferable and non-exchangeable for cash.
6. TriumphFX reserves the rights to replace the competition prizes with any other item of equal value at its sole and absolute discretion.

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 trading account.
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 (10th August 2020 - 3rd September 2020) in order to participate.
4. Demo account is not eligible to participate in the competition.
5. Minimum deposit of 100 USD is required upon joining this competition.
6. There is no requirement starting capital, position size or trading instrument in this competition.
7. Introducing brokers who are keen to participate are welcome to open a retail trading account and join.
8. Retail accounts joined for the competition are unable to be un-joined.
9. Use of Expert Advisor (EA) is allowed in this competition.
10. Scalping is prohibited in this competition.
11. By participating in this competition, traders agree to let TriumphFX run through a background check on their account legitimacy and information validity.
12. 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) Traders act in bad faith and/or in a manner that is not in with the Launch Control Trading competition 2020 applicable terms and conditions.

Miscellaneous

1. 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.
2. 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.
3. TriumphFX shall not be held responsible for any technical disruption such as weak internet connection that can affect the result of trading and competition.
4. 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.
5. By participating in this competition, traders acknowledge that they have read and agree to be bound by these terms and conditions.