Hi, is it possible for a winner to withdraw the prize ? if yes, how and when ? regards,

I have read the Prizes and Awarding Rules part, But I did not get the answer to my questios.

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26 Sep. 2013 by

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Answers: 4

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Excerpt from the most recent version of "Prizes and Awarding Rules":

1. The contest winners may withdraw their cash prizes and the profits generated from their cash prizes on their respective sub-accounts after meeting the minimum turnover requirement. The minimum turnover requirement constitutes 2.5 million USD for every 100 USD won in the contest.

2. Participants are allowed to withdraw funds in full only when there are no blocked prizes on the account. If there are both blocked and unblocked prizes, participants are only allowed to withdraw the sum of unblocked prizes. Profit can only be withdrawn when there are no blocked prizes on the account.

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26 Nov. 2015 by

Mehfooz avatar
Mehfooz 30 Nov.

sir can you explain what do you mean by block and unblock prizes..  please

al_dcdemo avatar
al_dcdemo 22 Dec.

Blocked prize is the one for which turnover hasn't been met yet. Vice versa for unblocked.

orto leave comments

Yes, it's possible after meeting the required turnover of 0.5 million per 100 USD won.

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26 Sep. 2013 by

CommunitySupport avatar

You have to make a TURNOVER of 25 mio USD for account of $5000. Not profit. F.e. if You will trade a deal size of $100 000 You will need to make 125 trades to get a right to withdraw the initial deposit.

orto leave comments

seriously .. what an unfair rule you have to keep struggle until to get turnover of 2.5 million for every 100 USD ... huh

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30 Nov. 2015 by

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As it was said previously it is posible after meeting the required turnover. When you meet that turnover it depends on you, your trading volume, personal goals etc. IF you place alot of trades like me you can make the volume in under a month or at most 2 months.If you are more conservative with your capital also if you factor in the commisions and cosider more about making profit than withdraw the money it may take longer . Maybe 3 months. EIther ways chosen,you can withdraw your money. It depends to you when you do it. The turnover rate is pretty fair and can be done.I have withdrawn succesfully prizees of several thousand dollars.

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18 May 2014 by

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