This document sets out the rules for this Prize Draw. Make sure you read them carefully and understand them all before you enter the Prize Draw.
- OctaFX is giving you the chance to win a Modenas MR1 (Malaysia), Honda Revo Fit FI (Indonesia), Honda Wave 110i (Thailand), Honda CG 125 (Pakistan) OR $500 cash (“the Prize Draw”). By entering, you agree to be bound by these terms and conditions.
- The Prize Draw name is OctaFX Weekly Scooter Giveaway, hereinafter referred to as the Prize Draw.
- The Prize Draw is organized and run by Octa Markets Incorporated, hereinafter referred to as the Promoter.
- “The Promoter” “we”, “us” and “ours” means OctaFX which is a trading name of Octa Markets Incorporated.
- The Prize Draw re-occurs every week.
Who may enter?
- The Prize Draw is open to OctaFX customers in Malaysia, Indonesia, Thailand and Pakistan aged 18 or over at the time of entry. You are not eligible for the Prize Draw if you are materially connected to the administration of the Prize Draw.
How to enter
- You can enter the Prize Draw when the market opens every Monday 00:00:00 EEST until the market closes at 23:59:59 EEST Friday.
- Registration for the Prize Draw is open throughout it’s duration.
- To be entered into the Prize Draw, users must trade 5 lots or more on their real accounts using any trading instrument we provide.
- Users who trade 5 lots or more on real accounts between Monday to Friday are automatically entered into the Prize Draw.
- Users who trade more than 5 lots (10, 15) do not double or triple their chances of winning.
- Trades on demo accounts do not qualify users to enter into the Prize Draw.
- Order duration is not limited, unless it is stated in Customer Agreement.
- Only closed trades participate in volume counts.
- The Prize Draw prize is Modenas MR1 (Malaysia), Honda Revo Fit FI (Indonesia), Honda Wave 110i (Thailand), Honda CG 125 (Pakistan) OR $500 cash (“the prize”).
- The Prizes and participation in the Prize Draw cannot be exchanged or transferred. However, in the event that the Prizes offered are unavailable due to circumstances beyond our control, we reserve the right to offer alternative prizes of equal or greater value.
- Images used in marketing materials are not necessarily representative of actual scooter model.
- The Prize Draw winner is responsible for their own expenses incurred in connection with the Prize, including tax, vehicle registration, travel and accommodation expenses.
Selecting the winners
- Each week a winner will be picked at random after the end of the North American session every Friday and before 10:00 EEST every Monday from all eligible entries.
- The winner will be contacted by 12pm every Monday.
- There will be one winner per week.
- The Promoter will try to notify the winner by email. The Promoter can replace any entrant selected as the winner if:
- the entrant cannot be reached by email within forty eight (48) hours of us sending an email notifying the entrant that they have won; or - we reasonably believe that the entrant has broken one of these rules.
- Winners must claim their Prize within 7 days of being notified that they have won. After this period has elapsed, the Prize is void.
- Participants are only eligible to win once while the promotion is active.
- In the event the winner selected has won before, another winner will be drawn at random.
- Each participant agrees to provide real data. Providing fake data may result in disqualification from the Prize Draw.
- By participating in this promotion, you automatically give permission for OctaFX to use your full name and country of residence in future OctaFX marketing activity including www.octafx.com and OctaFX Company News.
- The prize is paid into the client's real account at OctaFX and can be withdrawn.
- If the prize funds are used for real trading, the withdrawal limit is 300% of the prize funds (including both the prize funds and profit).
- ANY KIND of IP match will be subject to disqualification.
- Any kind of arbitrage trading or any other abuse with pricing and/or quotes will be subject to disqualification from the Prize Draw.
- The Promoter reserves the right to reject or disqualify any participant without explaining the reason. Reasons for disqualification may include opening big volume opposite orders with the same currency pairs in different trading accounts at approximately the same time, as well as the usage of failures in the quote flow for getting guaranteed profit, or any other kinds of cheating.
- All trading techniques or EAs are allowed.The Promoter reserves the right to declare any prize already given invalid and subject to cancellation upon direct or indirect evidence of attempted fraudulent operations with the prize funds.
- Any situation not described in these rules shall be subject to the Promoter's decision.
- OctaFX reserves the right to change, update or cancel this promotion with notification in OctaFX Company News.
- The Promoter is OctaFX, Cedar Hill Crest, VC0100, Saint Vincent and the Grenadines.