April TRADING COMPETITION TERMS AND CONDITIONS
1. Introduction
1.1. The Trading Competition (hereinafter the “Competition”) is organized and operated by thePropTrade (hereinafter the “Company”).
1.2. The Competition is offered to eligible participants (“Participants” or “Clients”) subject to the terms and conditions set out herein (the “Terms and Conditions”).
1.3. By registering and participating in the Competition, the Participant acknowledges, confirms, and agrees to be legally bound by these Terms and Conditions, as well as any other applicable agreements with the Company.
2. Eligibility
2.1. Participation in the Competition is limited to individuals who:
- Are at least 18 years of age or the legal age in their country of residence;
- Have successfully registered for the Competition within the designated registration period;
- Do not reside in the restricted Countries
- Comply with all requirements set out in these Terms and Conditions.
2.2. Each Participant is permitted to register and operate one (1) Competition account only.
2.3. The use of multiple accounts, identities, or any form of circumvention of this restriction will result in immediate disqualification of all related accounts.
3. Registration and Competition Period
3.1. Registration Period:
Registration opens upon official announcement and closes on 5 April 2026 at 24:00 UTC.
3.2. Competition Period:
The Competition will run from 6 April 2026 00:00 UTC until 30 April 2026 (23:59 server time).
3.3. Trading activity outside the Competition Period will not be considered in the results.
4. Trading Account Specifications
4.1. Each Participant will be provided with a Competition trading account with the following specifications:
- Initial Balance: USD 100,000
- Leverage: 1:50 , Metals: 1:10, Oils: 1:10, Indices: 1:10 and Crypto: 1:1
4.2. The trading conditions, instruments, and execution environment are determined solely by the Company.
4.3. Competition accounts are issued solely for the purpose of participation in the specific Competition and shall not be used for any other purpose.
4.4. Upon the conclusion of the Competition Period, all Competition accounts will be automatically closed and/or terminated by the Company.
4.5. Competition accounts are not eligible for:
- Progression to any evaluation or funding stage;
- Conversion into live or funded accounts;
- Any form of payouts, withdrawals, or profit distributions.
4.6. Any profits generated within Competition accounts are deemed virtual and have no monetary value unless explicitly stated otherwise by the Company.
5. Competition Rules
5.1 Objective
- The Competition ranking shall be determined based on the highest percentage gain (%) achieved during the Competition Period.
- The gain shall be calculated as follows:
Gain (%) = [(Ending Balance – Starting Balance) / Starting Balance] × 100
- Negative performance will not be considered for ranking purposes.
5.2 Risk Parameters
Participants must adhere to the following limits:
- Daily Drawdown: 5% (based on end-of-day balance)
- Maximum Drawdown: 10% (static)
Any breach will result in account violation and exclusion from ranking.
5.3 Trading Restrictions
- Maximum open positions at any given time: 5 positions
- Maximum number of trades per day: 50 trades
5.4 Trading Activity Requirements
- Minimum profitable (0.5%) trading days: 3 days
- Minimum holding time per trade: 2 minutes
6. Permitted and Prohibited Trading Practices
6.1 Permitted
- News trading is permitted
- Overnight holding is permitted
- Weekend holding is permitted
6.2 Prohibited
The following are strictly prohibited:
- Use of Expert Advisors (EAs) or automated systems
- Any prohibited trading strategies as defined in the Company’s official FAQs
- Arbitrage, latency exploitation, or system abuse
- Copy trading, account management, or third-party trading
- Use of multiple IP addresses, devices, or shared access
- Any form of manipulation, fraud, or abuse of the Competition structure
7. IP Address and Device Policy
7.1. Each Participant is allowed to operate from one (1) IP address and one (1) device only.
7.2. Shared IPs or devices between Participants will result in disqualification.
8. Winner Determination and Tie-Breaking
8.1. Winners will be ranked based on highest percentage gain at the end of the Competition Period.
8.2. In the event of a tie, the following criteria will apply (in order):
- Lower relative drawdown
- Greater trading consistency (number of active trading days)
- Earlier achievement of final profit level
9. Prizes
9.1. The prize structure is as follows:
- 1st Place: $100,000 Instant Funding (MT5) + $500 cash
- 2nd Place: $50,000 Instant Funding (MT5) + $250 cash
- 3rd Place: $25,000 Instant Funding (MT5) + $150 cash
- 4th Place: $10,000 Instant Funding (MT5) + $100 voucher
- 5th Place: $5,000 Instant Funding (MT5) + $50 voucher
- 6th–10th Place: $5,000 Instant Funding (MT5) + $20 voucher
10. Prize Conditions
10.1. Instant Funding accounts are subject to the Company’s standard trading terms.
10.2. Vouchers can be used to purchase a challenge on the company`s website. They are:
- Non-transferable
- Non-redeemable for cash
- Valid for 30 calendar days from the time they were issued.
10.3. Cash prizes will be paid via a method determined by the Company.
11. Verification (KYC and Interview)
11.1. Winners must successfully complete Know Your Customer (KYC) verification.
11.2. The Company reserves the right to conduct a video or live interview to verify identity and trading ownership.
11.3. Failure to complete KYC, or participate in verification procedures will result in forfeiture of prizes.
12. Disqualification
12.1. The Company reserves the right, at its sole discretion, to disqualify any Participant who:
- Violates any provision of these Terms and Conditions
- Engages in fraudulent, abusive, or manipulative behavior
- Provides false or misleading information
- Attempts to exploit system vulnerabilities
12.2. In such cases, the Company may:
- Remove the Participant from the Competition
- Cancel results and rankings
- Withhold or revoke any prizes
13. Liability
13.1. The Company shall not be held liable for any technical failures, platform issues, or connectivity disruptions
13.2. Participation in the Competition is undertaken at the Participant’s own risk.
14. Amendments
14.1. The Company reserves the right to amend, modify, or terminate the Competition or these Terms and Conditions at any time.
14.2. Any changes will be effective upon publication on the Company’s official channels.
15. Disputes
15.1. Any disputes arising in connection with the Competition shall be handled in accordance with the Company’s internal complaints procedures.
15.2. The Company’s decision shall be final and binding.
16. Acknowledgment
16.1. By participating in the Competition, the Participant:
- Confirms full acceptance of these Terms and Conditions
- Acknowledges understanding of all rules and risks involved
17. Governing Law and Jurisdiction
17.1. These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which the Company is registered.
17.2. Any dispute, controversy, or claim arising out of or in connection with this Competition, including its validity, interpretation, performance, or termination, shall be subject to the exclusive jurisdiction of the competent courts of the aforementioned jurisdiction.
17.3. Nothing in this clause shall limit the Company’s right to take legal action against a Participant in any other jurisdiction where such Participant is resident or where a breach of these Terms and Conditions has occurred.
18. Marketing and Promotional Usage
18.1. By participating in the Competition and/or accepting any prize, Participants grant the Company the irrevocable right to use their Name, Country of residence, Trading results and/or Photographs and/or video recordings (where applicable) for marketing, promotional, and advertising purposes.
18.2. Such usage may include, but is not limited to website publications, social media platforms, press releases and/or promotional campaigns.
18.3. Participants acknowledge that such materials may be used without further notice, compensation, or approval.
18.4. Where required by applicable laws, Participants may request limitations on such usage by contacting the Company in writing.