Your Ultimate Guide to the Rules and Prizes of JustMarkets Grand Anniversary Forex Trading Competition
The Grand Anniversary Forex Trading Competition by JustMarkets boasts a remarkable prize pool, offering 20 grams of gold or $3,000 to the leading winners, in addition to 84 other prizes that include both gold and cash options. This event takes place over a two-month span, starting from June 1 and concluding on July 31.
Direct Link: Great Anniversary Contest
In this article, we will guide you through all aspects of the JustMarkets contest. We will discuss the registration criteria for trading with JustMarkets, details on how prizes are distributed for the JustMarkets Anniversary Trading Competition, the processes for selecting winners, and key rules to keep in mind. You will discover how to participate in JustMarkets forex competitions and how to claim your rewards from the JustMarkets Grand Anniversary.
Information Regarding the JustMarkets Grand Anniversary Competition
Timeline and Duration of the Contest
JustMarkets is hosting a competition open to both new and current clients over a designated two-month timeframe. This contest will take place from June 1 to July 31, with all days counted. Participants have a total of 61 days to enter and compete for the different prize categories offered.
The JustMarkets Anniversary Trading Competition is designed as an ongoing contest, differing from traditional weekly or monthly competitions. Your trading performance over the entire period will affect your final ranking and determine your eligibility for various prize levels.
Breakdown of the total prize pool
The JustMarkets Grand Anniversary features a prize framework that provides various chances to win in several categories. The top three winners can select either physical gold or cash equivalents as their reward.
The initial tier grants 20 grams of gold or a cash reward of USD 3,000 to three recipients. The second tier offers 10 grams of gold or USD 1,500 to five recipients. The third tier allocates 5 grams of gold or USD 700 to seven recipients.
The justmarkets competition features four extra cash-only levels in addition to the gold prize categories. A total of ten winners will be awarded USD 1,000 each. Another group of ten participants will take home USD 500 each. The subsequent tier grants USD 300 to another ten winners. Finally, forty traders will each receive USD 200.
This award allocation results in 85 winning positions overall, spanning all categories. The setup benefits not only top traders but also those who consistently engage. It offers various entry options tailored to different trading volumes and strategies.
Eligibility for Participation
To qualify for the JustMarkets Grand Anniversary Competition, certain legal and account criteria must be met. Individuals eligible to participate are those who can enter into binding agreements as per relevant laws. Therefore, individuals who are below 18 years of age or not of legal age in their respective countries cannot take part.
To participate, you must be a registered client of JustMarkets and have an active trading account, or you may create one or more new accounts. The minimum deposit needed to open an account is USD 100. Only those accounts that have met this minimum deposit requirement are eligible for registration in the JustMarkets contest. Please note that transferring funds internally between accounts does not qualify as a deposit.
This competition has specific restrictions regarding account types. Only Standard, Pro, and Raw Spread accounts are permitted to participate. Unfortunately, demo accounts do not qualify for the JustMarkets Grand Anniversary.
To complete your registration, you need to take steps in your Personal Area. Navigate to the “Benefits” section, choose the account you wish to utilize, and input your nickname to finalize the registration. This step is crucial as it confirms your intention to participate in the competition instead of being automatically entered without your approval.
The competition invites both seasoned traders and beginners who fulfill these straightforward criteria. To take part in the JustMarkets Anniversary Trading Competition, there is no need for a particular trading background or experience in prior contests.
How to Participate in the JustMarkets Trading Competition
Requirements for Account Registration
To participate in the JustMarkets Grand Anniversary, you will require either an existing account or the creation of a new one. You should already be an active, registered client of JustMarkets, or alternatively, you can open one or more new trading accounts specifically for this competition.
The enrollment process starts within your Personal Area. Navigate to the “Benefits” section to locate the option for contest registration. Next, choose the trading account you wish to use for the JustMarkets Anniversary Trading Competition. During this step of registration, you’ll be required to provide a nickname that will represent you on the leaderboard during the contest.
This manual registration allows you to actively decide to take part instead of being registered automatically. By signing up, you secure that specific account for the entire period of the JustMarkets Grand Anniversary Competition.
Account Types and Minimum Deposit Requirements
To qualify for entry, there are financial prerequisites that begin with a minimum deposit requirement. A deposit of no less than 100 USD must be made into your account to make it eligible for contest registration. It is important to note that only those accounts that fulfill this minimum deposit criterion can take part in the justmarkets contest.
The manner in which you fund your account comes with a significant limitation. Transfers of funds between JustMarkets accounts do not qualify as deposits when it comes to eligibility for contests. To satisfy the 100 USD requirement, you need to make a new deposit from an outside source.
Restrictions on account types confine you to three distinct categories. Only Standard, Pro, and Raw Spread accounts are eligible to take part in the JustMarkets forex competitions in the market. Demo accounts are clearly excluded and do not provide the opportunity to enter the JustMarkets Grand Anniversary.
These account categories are compatible with both MetaTrader 4 and MetaTrader 5 platforms. You have the flexibility to select the trading platform that aligns with your preferences, provided you uphold one of the three sanctioned account types.
Requirements for Trading Volume
The volume of trading influences your eligibility for various prize levels in the competition. Justmarkets measures trading volume using a consistent unit referred to as a universal lot.
A universal lot represents a trading volume of 100,000 USD, which is determined by the total of both opened and closed positions. Since different instruments have distinct contract sizes and pricing, the actual volume generated by a single universal lot can differ based on the specific asset being traded.
Consider the trading of gold on XAUUSD. To initiate and finalize transactions for 1 lot (100 contracts) of XAUUSD, you will need around 265,000 USD in trading volume. This illustrates how the values of instruments can vary significantly from the standard universal lot calculation.
Two separate volume levels enable access to various prize categories. If you trade 3 or more universal lots during a given week (from Monday to Sunday) within the contest timeframe, you qualify for the Weekly Lucky Draw. Additionally, if you accumulate 10 or more universal lots in total on your registered account during the entire contest duration, you become eligible for the Final Lucky Draw.
These limits are applicable individually to each registered account. If you have multiple accounts for the JustMarkets Grand Anniversary Forex Trading Competition, the universal lots traded among those accounts are not aggregated. Each account operates independently, with its own volume assessments.
Process for Registering for the Contest
The procedure for enrolling in the justmarkets contest adheres to a particular order:
- Make sure your trading account fulfills the minimum deposit requirement of 100 USD using external funding.
- Access your JustMarkets Personal Area by logging in.
- Navigate to the “Benefits” section found in your account dashboard.
- Find the option to register for the Grand Anniversary Contest.
- Choose the eligible account type (Standard, Pro, or Raw Spread) that you wish to register.
- Provide a nickname for display on the leaderboard.
- Verify your registration to enable participation in the contest.
Your trading actions start contributing to the volume requirements afterwards. Keep an eye on your total lot accumulation in your Personal Area, where you can observe your advancement towards the thresholds needed for both Weekly and Final Lucky Draw qualifications.
It is important to note that only one trading account that you register can take part in the contest. Be sure to select your account wisely and consider your trading strategy along with the potential volume for the two-month competition period.
Selection Process for the Top 15 Winners
Determining Rankings
In the Top 15 category, winners are determined by the total lots accumulated during the entire contest timeframe. This ranking mechanism functions independently from the lucky draw elements and honors the traders who exhibit the greatest overall trading volumes over the complete two-month period.
Your ranking position indicates the overall number of universal lots traded in your registered account. Every trade you make contributes to this total. The leaderboard computes your current score by considering both open and closed positions. As you trade throughout the JustMarkets Grand Anniversary, the system monitors these figures.
The leaderboard shows the total points accumulated by each client, utilizing the nickname you chose when you registered. This method ensures privacy while enabling you to track your position relative to other participants. You can observe your ranking among competitors without disclosing personal account information.
Rewards are based on genuine trading volume when market conditions are stable. This approach links prizes to ongoing market engagement instead of isolated surges in activity. Continuous and steady trading during the competition is valued more than short bursts of high volume.
Distribution of Prizes for Leading Traders
The top 15 competitors will be awarded guaranteed prizes divided into three separate categories. Each ranking from 1 to 15 is eligible for particular prize amounts that differ according to their final position.
Participants who secure the top three spots, specifically positions 1 to 3, are awarded 20 grams of gold or a cash prize of 3,000 USD. Achieving one of these top three ranks signifies the pinnacle of success in the JustMarkets Grand Anniversary Competition.
The subsequent level encompasses positions 4 to 8, with five winners each awarded 10 grams of gold or a cash prize of 1,500 USD. This intermediate tier continues to provide significant rewards for excellent trading results.
The third tier consists of positions 9 to 15, where seven participants each earn 5 grams of gold or a cash prize of 700 USD. This arrangement allows a larger number of successful traders to gain rewards from their involvement in justmarkets trading.
Every prize level presents a selection between tangible gold or its cash equivalent. When you redeem your prize, you can choose the option that aligns most closely with your preferences. The gold choice is attractive to investors looking for precious metals as a safe-haven asset, whereas the cash option offers quick access to funds.
The rankings and prize distributions established by JustMarkets are conclusive and must be adhered to. After the contest concludes and the final tallies are finalized, the standings will be deemed official. Appeals or disputes regarding the ranking outcomes will not be entertained.
Monitoring the Leaderboard and Providing Updates
The JustMarkets website updates its leaderboard on a daily basis. This regular update frequency enables you to track your performance and refine your trading strategy as the competition progresses.
Every update showcases the total points accumulated by all participants and displays the rankings as the competition unfolds. Throughout the two-month duration, you can monitor your standing at any time to determine how near you are to entering the Top 15 or enhancing your existing rank.
This clear framework fosters a competitive atmosphere in which ongoing involvement leads to rewarding prizes. The daily updates on rankings encourage traders to engage consistently instead of focusing their efforts in sporadic intervals.
In the JustMarkets Anniversary Trading Competition, traders are aware of their standings in comparison to their peers. The transparent ranking system eliminates any uncertainty regarding qualification, enabling you to establish achievable goals based on your existing lot accumulation in relation to the top performers.
Keep an eye on your username on the leaderboard to see if your trading volume secures you a spot for a guaranteed Top 15 prize, or if you stay qualified for the individual lucky draw categories instead.
Categories and Prizes for the Lucky Draw
Ultimate Prize Tiers and Rewards in the Lucky Draw
In addition to the Top 15 rankings, the JustMarkets Grand Anniversary Competition features an exclusive Final Lucky Draw that grants 30 extra cash prizes. Participants who meet the straightforward trading criteria are randomly chosen as winners through a digital randomization tool known as the Wheel of Fortune.
Participants are categorized into three levels based on the amount of trading they have completed throughout the contest duration. Clients in Tier 1 are those who have traded 100 lots or more during this time. Tier 2 clients comprise those who have traded between 50 and 99 lots during the contest. Meanwhile, Tier 3 clients are defined as those who have traded between 10 and 49 lots during the contest period.
In each category, winners are selected via a random drawing and are awarded cash prizes as follows: Tier 1 grants a cash prize of 1,000 USD to 10 Final Lucky Draw winners. Tier 2 offers a cash prize of 500 USD to 10 Final Lucky Draw winners. Meanwhile, Tier 3 allocates a cash prize of 300 USD to 10 Final Lucky Draw winners.
A participant can only win the Final Lucky Draw one time. In the event that a participant is chosen multiple times during the random draw, only their initial selection will be recognized as valid. Any additional selections will be ignored and substituted with another eligible participant. This approach ensures a fair allocation among the greatest number of qualifying traders in the justmarkets contest.
Structure of the Weekly Lucky Draw
The contest duration includes a Weekly Lucky Draw in addition to the primary contest and the Final Lucky Draw. This setup provides continuous chances to win cash rewards each week as you take part in the JustMarkets Anniversary Trading Competition.
Every week, clients who meet the straightforward criteria will be automatically included in the Weekly Lucky Draw. Every eligible client enjoys the same likelihood of winning the weekly prize, regardless of how many lots they have traded. Each client receives one opportunity to win. This equitable method ensures that trading 3 lots offers the same odds as trading 300 lots in the weekly draw.
The Weekly Lucky Draw is scheduled to occur across 8 weeks throughout the contest duration, with each selected winner receiving a cash prize of 200 USD. Each Weekly Lucky Draw will feature 5 winners. Consequently, there will be a total of 40 chances to win weekly prizes during the JustMarkets Grand Anniversary.
A participant can only win once each week. In the event that a participant is chosen multiple times during the random drawing, only their initial win will be recognized as valid. Any additional wins will be ignored and substituted with another qualified participant [191].
Method for Selecting Winners
The selection of winners takes place via a random drawing conducted with the Wheel of Fortune. This event occurs every Tuesday and is open to all eligible participants from the preceding week, which spans from Monday to Sunday. This schedule ensures transparency, as winners are revealed soon after the conclusion of each weekly cycle.
The digital randomizer ensures that the selection process in the weekly draws is unbiased, treating both high-volume and low-volume traders equally. To qualify for entry, you must meet the minimum requirement of 3 universal lots within that particular week. After this threshold is met, variations in trading volume no longer affect the selection process.
For example, consider two traders who satisfy the weekly requirements and have comparable chances of winning. While one may execute 5 lots, the other might handle 50 lots; however, each of them is granted a single entry for a single opportunity to win the $200 prize. The system does not give preference to entries based on any trading volume exceeding the minimum needed for qualification.
This method of selection is utilized for both weekly and final draws, ensuring uniformity across all categories of lucky draws in JustMarkets forex competitions. The Wheel of Fortune removes any human bias and ensures a verifiable randomness in identifying winners for the JustMarkets trading platform.
Guidelines for Claiming and Distributing Prizes
Requirements for Verification
Prior to receiving any rewards after the selection of winners for the JustMarkets Grand Anniversary, account verification is required. To claim your prize, it is essential to verify your Personal Area. This process involves providing documents that confirm your identity and address via the JustMarkets platform.
Winners must adhere to a specific deadline to fulfill this requirement. JustMarkets retains the authority to revoke the reward if verification is not completed within 7 business days following the announcement of the winners. This timeframe is applicable to all categories of prizes in the JustMarkets contest, including the Top 15 rankings as well as the Final Lucky Draw and Weekly Lucky Draw winners.
The verification process requires you to submit identity proof documents, including passports or identification cards. Additionally, you must provide evidence of your address through utility bills or bank statements that display your residence. The JustMarkets support team will examine these documents and will notify you of your account verification status through an email sent to your registered address.
Timeline for Contact and Response
JustMarkets will inform the winners of the Lucky Draw through email and phone, as listed in the Client’s Personal Area. This two-pronged notification method guarantees that you are promptly updated regarding your winning status in the JustMarkets Anniversary Trading Competition.
Winners are required to be reachable for communication within 10 calendar days following the announcement of winners (through email and/or phone). This response period begins immediately after the official announcement. JustMarkets reserves the right to revoke the prizes if the winner is uncontactable within 10 calendar days of the initial outreach.
The names of the winners will be announced on the JustMarkets website and its official social media platforms within 10 business days following their selection. This announcement ensures transparency and enables you to confirm your winning status through various channels. The details regarding the timing and location of the Golden Lucky Draw and Weekly Lucky Draw will be available on the JustMarkets website and its official social media accounts.
Schedule for Prize Distribution
The timing for prize distribution differs based on the category you secured in the recent forex competition. Weekly Lucky Draw awards will be added to the trading account involved in the Contest within 10 business days. This swift process enables you to receive your 200 USD weekly rewards soon after they are confirmed.
The timeline for Golden Lucky Draw prizes operates differently. Winners will receive gold or its cash equivalent within 45 days after confirming their win. This longer timeframe is necessary to manage the logistics of delivering physical gold or arranging substantial cash transfers for the prizes associated with the JustMarkets Grand Anniversary Competition.
Options for Withdrawal and Trading
The cash prize can be utilized for trading activities or withdrawn. This versatility enables you to decide how to use your earnings from the justmarkets trading platform according to your personal priorities and financial objectives.
You have the option to utilize cash prizes to establish new trading positions in your account, allowing you to enhance your position sizes or diversify your portfolio. Alternatively, you may transfer the prize money to your bank account or preferred payment method by adhering to the regular JustMarkets withdrawal process. Each choice enables you to manage your earnings freely, without limitations on how you use the funds.
Key Terminology and Rules for Disqualification
Forbidden trading activities
JustMarkets implements stringent regulations to ensure equitable competition during the Grand Anniversary Competition. The platform disallows certain trading practices that may lead to unfair benefits or distort the results of the contest.
Engaging in offsetting trades undermines the integrity of the contest. This tactic entails taking opposing positions that artificially mitigate risk while simultaneously increasing contest volume. Taking advantage of technical glitches in the platform for financial gain leads to immediate disqualification.
Another activity that is not allowed involves placing large opposite orders for the same currency pairs across multiple trading accounts around the same time. This type of coordinated trading behavior implies manipulation instead of legitimate market engagement. In addition to these particular infractions, exploiting disruptions in the quote flow to guarantee profits is considered cheating at the sole discretion of JustMarkets.
The repercussions for participating in forbidden practices are significant. JustMarkets maintains the authority to disqualify any contestant at its discretion if fraudulent actions, manipulation, or violations of contest rules are suspected.
Limitations on Account Linking
JustMarkets keeps an eye on the relationships between various participant accounts to deter any coordinated misconduct. If there is proof indicating that several accounts are connected, the platform may revoke the eligibility of client accounts.
Multiple signals can prompt an inquiry into possible account linking. When accounts share matching IP addresses, it raises significant concerns. Additionally, the presence of common personal information serves as a strong indicator of potential collusion. Furthermore, any other evidence of coordinated or deceptive behavior might result in disqualification actions.
These regulations guarantee that every participant competes on their own in the JustMarkets Anniversary Trading Competition. These safeguards shield genuine traders from the unfair advantage that arises when individuals manipulate the system by submitting numerous coordinated entries.
Rights to Modify the Contest
JustMarkets maintains complete control over the contest parameters during the duration of the competition. The platform holds the right to alter and revise the Terms and Conditions at any moment without prior notification. This adaptability enables modifications in response to unexpected situations that may necessitate action.
JustMarkets reserves the right to completely cancel the JustMarkets Grand Anniversary without prior notice. Although this would be an unusual decision, this privilege is in place to safeguard both the platform and its genuine participants in the event that significant integrity concerns arise.
Conclusion
The JustMarkets Grand Anniversary Competition presents various opportunities to win among 85 different prize positions, which include gold prizes and weekly cash giveaways. With its organized tier system, both frequent traders and those who trade regularly have real chances to win during the two-month duration.
Your achievement relies on fulfilling basic criteria: keeping account types that qualify and reaching minimum deposit amounts along with volume targets. Keep track of your daily progress via the leaderboard and remain attentive to notifications for winners.
Before you begin, make sure to familiarize yourself with the prohibited trading practices to prevent any disqualification. Once you have set up your account and are clear on the rules, register through your Personal Area to ensure your spot in this anniversary celebration.
Main Insights
The JustMarkets Grand Anniversary Competition is taking place from June 1 to July 31, featuring a total of 85 prizes, which include cash rewards and gold, distributed across various winning categories.
- To take part in the competition, register a qualifying Standard, Pro, or Raw Spread account with a minimum deposit of $100.
- The top 15 traders are guaranteed prizes: the first three will receive 20g of gold or $3,000, the next five will earn 10g of gold or $1,500, and the following seven will be awarded 5g of gold or $700.
- To enter the Weekly Lucky Draw, a trading volume of 3 universal lots is required; eligibility for the Final Lucky Draw necessitates a minimum of 10 lots.
- Ensure that account verification is completed within 7 business days, and respond to winner notifications within 10 days to claim your prizes.
- Refrain from engaging in prohibited activities such as offsetting trades or linking accounts to avoid disqualification from the competition.
The competition offers incentives for both frequent traders by securing guaranteed placements in the Top 15 and for regular participants through random lucky draws, thereby providing various chances for traders of varying expertise to win.
Frequently Asked Questions
Q1. What is the least amount of money needed to join the JustMarkets Grand Anniversary Competition? To qualify for the competition, you must deposit no less than $100 USD into your trading account. Only those accounts that fulfill this minimum deposit criterion can be entered into the contest. Please be aware that transfers made internally between your JustMarkets accounts do not satisfy this condition—you need to deposit funds from an outside source.
Q2. What types of accounts can participate in the JustMarkets Anniversary Trading Competition? Participation in the competition is limited to Standard, Pro, and Raw Spread accounts. Demo accounts are not permitted and cannot be utilized for entry into the contest. The eligible account types are compatible with both the MetaTrader 4 and MetaTrader 5 platforms.
Q3. What is the process for selecting winners of the Lucky Draw prizes? Winners are chosen via a random selection method utilizing a digital tool known as the Wheel of Fortune. In the case of the Weekly Lucky Draw, selections take place each Tuesday for those who have traded a minimum of 3 universal lots in the week prior (from Monday to Sunday). The Final Lucky Draw randomly picks winners from participants who have gathered 10 or more universal lots during the entire duration of the contest.
Q4. What are the consequences of not verifying my account after I win a prize? To claim any rewards, it is essential that your Personal Area is completely verified. Should you not finish the full verification within 7 business days following the announcement of winners, JustMarkets holds the authority to revoke your reward. Moreover, you are required to reply to winner notifications within 10 calendar days; failure to do so may result in the loss of your prize.
Q5. Am I allowed to withdraw my prize money, or is it required to be used for trading? The prize money can be utilized for trading purposes or withdrawn, providing you with full freedom. You have the option to either use the funds to initiate new trading positions in your account or withdraw the amount to your bank account or preferred payment method, adhering to the usual JustMarkets withdrawal protocols. The decision rests entirely on your individual preferences and financial objectives.
