Which trading platform do I use for the contest?

 

The contest is only available on the FastBull platform. Participants can trade via FastBull Charts or the FastBull APP. You may have multiple trading accounts, but the contest account is marked with a trophy icon and has a gold background. Please ensure you select the correct account. Please note that the contest account cannot be linked to MT4/5.

 

 

1. Contest Information

 

Registration Period: April 5, 2025, 00:00 - April 17, 2025, 00:00 (UTC+00)

Contest Period: April 17, 2025, 00:00 - May 1, 2025, 00:00 (UTC+00)

 

 

2.Eligibility

 

All FastBull registered users aged 18 and above can participate.

Upon successful registration, the system will automatically create a paper trading account for the contest.

 

 

3.Ranking Criteria

 

The ranking method for this contest is based on the profit and loss (P&L) amount.

The total P&L of each participant's account during the contest will be calculated and ranked from highest to lowest. If total P&L is the same, ranking will be determined by registration time.

Total P&L during the contest = Final account balance at the end of the contest minus Initial account balance at the start of the contest.

The system updates the ranking data of participant accounts daily at 01:00:00 (UTC +00) (as of 00:00 that day). Due to possible network delays or account connection issues, the update may be delayed or fail.

 

 

4. Trading Rules

 

The trading account configuration for this contest is as follows:

1) Initial Funds: $100,000 USD

2) Leverage: 400x

3) Margin Call/Stop Out Level: 100%

4) Supported Trading Symbol: XAUUSD (100 ounces per lot)

5) Commission per Trade: 0

6) Lot Size per Trade: 0.01 - 1.00 lots

7) Maximum Open Orders: 10 positions (including pending orders), meaning a maximum of 10 active orders can be held at once.

 

During the contest, you must execute at least 50 market orders (Buy or Sell). However:

1) Orders held for less than 60 seconds will not be counted.

2) Orders involving partial close or hedge close (Close By) will not be counted, whether they are original orders or new orders resulting from partial or hedge closures.

For example, if you execute 55 market orders, but 8 of those orders have a holding time of less than 60 seconds, only 47 valid market orders will count towards the required number, not 55.

Trading will be prohibited before and after the contest. Additionally, at the end of the contest, the system will forcibly close all open positions in your account to confirm the final rankings.

 

 

5. Disqualification Criteria

 

A participant's account will be disqualified from the rankings and prize eligibility if any of the following occurs:

1)The number of valid market orders (Buy or Sell) executed during the contest is less than 50.

2)The account is found to have abnormal trading data, exploit trading loopholes, engage in fraudulent activities, or violate any other contest rules.

 

If an account is disqualified, all subsequent accounts will automatically move up one position in the rankings. For example, the account that was originally in 2nd place will become 1st place, the account in 3rd place will become 2nd place, and so on.

 

 

6. Prize

 

The top 3 traders with the highest profits will receive cash prizes ranging from $500 to $2,000 USD, as follows:

1st place: $2,000 USD

2nd place: $1,000 USD

3rd place: $500 USD

 

After the contest, a trading review will be conducted on the winning accounts to verify the authenticity of the trades.

 

Prizes will be distributed once the winners' eligibility is confirmed, and the specific distribution time and method will be announced separately.

 

Please note, participants with loss-making accounts are not eligible for rewards.

 

 

7. Terms & Conditions

 

7.1 FastBull is not responsible for any partial or total financial losses arising from the contest or any consequences related to participation in the contest.

 

7.2 The personal information provided by participants is protected under privacy policies. For details, please refer to https://www.fastbull.com/cn/privacy. By participating in the contest, participants allow FastBull to use their name, image, interviews, prizes, trading performance, and other contest-related content on relevant websites, including social media. After winning, winners must actively cooperate with FastBull for video interviews and identity verification. If the winner fails to provide timely, accurate, and effective information for the video interview or identity verification, resulting in an inability to complete these processes, they will be considered to have forfeited their prize.

 

7.3 By entering this contest, you declare and guarantee that all the information provided regarding the contest is truthful, accurate, and complete. You agree to comply with local laws and regulations.

 

7.4 FastBull does not guarantee that the online or software services will meet the participant's requirements, nor does it guarantee the timeliness, security, accuracy, or stability of the services. FastBull is not liable for any interruptions, abnormalities, or defects in the service caused by force majeure or uncontrollable factors.

 

7.5 FastBull has the right to cancel, suspend, or terminate the contest based on applicable laws, judicial or administrative orders, or actual circumstances.

 

7.6 FastBull reserves the right to modify the contest terms at any time. Any changes to the terms will be announced through SMS, email, or the official website. FastBull is not responsible for any losses incurred by participants who fail to check SMS, emails, or the official website.

 

7.7 FastBull holds the final interpretation rights for the contest rules.

 

 

8. Q&A

 

8.1 Where can I trade during the contest? 

The contest is only available on the FastBull platform. Participants can trade via FastBull Charts or the FastBull APP. You may have multiple trading accounts, but the contest account is marked with a trophy icon and has a gold background. Please ensure you select the correct account. 

 

8.2 What happens if I delete my contest account? 

Deleting your contest account will forfeit your eligibility for the contest, meaning you will miss out on the contest prizes. Please proceed with caution.

 

8.3 When does the contest start?

Registration: April 5, 2025, 00:00 - April 17, 2025, 00:00 (UTC+00)

Contest: April 17, 2025, 00:00 - May 1, 2025, 00:00 (UTC+00)

 

8.4 Is there a registration fee? 

No, participation is free.

 

8.5 Who is eligible to participate?

All FastBull registered users aged 18 and above are eligible to participate in this contest. Each participant may only register once. Registering multiple times with different FastBull accounts will trigger the contest's anti-cheating system. Once verified, your participation eligibility or contest results will be canceled.

 

8.6 Do I need to provide my own trading account? 

No, the system automatically assigns a $100,000 USD contest account for you. This account can only be used for trading during the contest period. After the contest ends, the system will forcibly close all open positions to calculate the contest results.

 

8.7 Are there any trading restrictions?

This contest only supports trading XAUUSD, with a single trade size limit of 0.01 to 1.00 lots. You may hold a maximum of 10 orders at the same time (including pending orders).

During the contest, you must execute at least 50 market orders (i.e., at least 50 Buy or Sell orders). Please note that orders held for less than 60 seconds will not be counted.

For example, if you execute 55 market orders but 8 of them are held for less than 60 seconds, your eligible market orders count will only be 47, not 55.

 

8.8 What instruments can I trade? 

Only XAUUSD.

 

8.9 Is algorithmic trading allowed?

 No, automated trading is not allowed in this contest. Attacking, hacking, or exploiting FastBull's trading services, or using software to execute trades in an abnormal way, will result in disqualification and cancellation of your contest results.

 

8.10 What actions can lead to disqualification?

1) Multiple registrations using different accounts.

2) Fewer than 50 valid market orders.

3) Attacking, hacking, or exploiting FastBull's trading services, or using software to execute trades in an abnormal way.

4) Winners who cannot be contacted or fail to provide accurate and timely identity information, making it impossible to complete the video interview or identity verification.

5) Users who engage in fraudulent activities or violate other contest rules.

 

8.11 What is the anti-cheating system? 

FastBull monitors all participant activities, including login/logout actions, trading behavior, position status, etc. Once any violations are detected, they will be verified manually, and upon confirmation, the participant's eligibility or contest results will be canceled.

 

8.12 What are the contest prizes?

The top 3 traders with the highest profits will receive cash prizes ranging from $500 to $2,000 USD, as follows:

1st place: 2000 USD

2nd place: 1000 USD

3rd place: 500 USD

Please note, participants with loss-making accounts are not eligible for rewards.

 

8.13 When and how will the prizes be distributed? 

After the contest, our staff will conduct a trading review on the winning accounts to ensure the authenticity of the trades.

The rewards will be issued after the qualification is confirmed, and the specific issuance time and method will be notified separately.

Before issuing the reward, our staff will contact you through the phone number and email you provided during registration to verify your identity. Therefore, please ensure the accuracy of your phone number and email. After the contest ends, please check your SMS or email promptly and cooperate with the staff to complete the video interview and identity verification.

If you fail to provide accurate, complete, and timely identity information, preventing the staff from completing the video interview or identity verification, it will be regarded as a forfeiture of the contest reward.