Triathlon contest terms and conditions

The terms and conditions come into force on 30.12.2013.

1. General information
    
   • 1.1. Contest name: "Triathlon"
   • 1.2. Competition period: from 30 December 2013 to 26 December 2014.
   • 1.3. Contestants: clients of FIBO Group, Ltd (BVI), who opened contest demo accounts with FIBO Group in the customer’s Personal Cabinet.
   • 1.4. The contest "Triathlon" consists of three rounds.
      
     • 1.4.1. On the first round the participants use contest demo accounts.
     • 1.4.2. On the second round the participants use “MT4 NDD” real trading accounts.
   • 1.5. Every new round of the contest "Triathlon" starts every Monday, from 30 December 2013 to 8 December 2014.
   • 1.6. Participation in the second round of the contest is open for 10 winners of the first round.
   • 1.7. There will only be one participant – the second round winner that will enter the third round.
2. Participation conditions
    
   • 2.1. The competition is open to all FIBO Group Ltd. (BVI) clients.
   • 2.2. By participating in this Contest each Participant agrees to the terms of the contest.
   • 2.3. Each participant may only open one contest demo account per week.
3. Determining the winners and distribution of prize funds
    
   • 3.1. Winners are determined stage by stage.
      
     • 3.1.1. Duration of the first round is one week, from Monday to Friday.
     • 3.1.2. 5000 USD demo accounts are opened for the first round participants.
     • 3.1.3. At the end of the first stage 10 winners are determined among participants with highest profitability and percentage of maximum drawdown that doesn’t exceed 30%.
     • 3.1.4. Participation in the second round of the contest is open for 10 winners of the first round. Participants that failed to enter the second round are eligible to participate in the following streams of competition by returning to the first stage, and in that case their positions are closed and their accounts balance is set to the original 5000 USD.
     • 3.1.5. Duration of the second stage is one week, from Monday to Friday.
     • 3.1.6. NDD real trading accounts pre loaded with 100 USD will be opened for the first round winners to participate in the second round.
     • 3.1.7. Most profitable trader of the second round with percentage of maximum drawdown that doesn’t exceed 30% will become a winner of the second round.
     • 3.1.8. At the end of the trading week, after the results of the second round are summarized, an Investor’s account pre loaded with 1000 USD bonus funds is opened for the second round winner. After that, a Managed Account (PAMM) is opened for the second round winner in accordance with the contest terms; the contest bonus funds are then transferred to the Managed Account (PAMM). NDD Real trading account and its funds are preserved.
     • 3.1.9. Funds of the NDD Real contest account stay on the contest account.
     • 3.1.10. To start using a Managed Account (PAMM), the second round winner should verify his/her account and sign a Manager's Supplemental Agreement.
     • 3.1.11. In case there have been no trading activity on the contest PAMM for 90 days, the bonus funds that were earlier credited to the account, will be deducted from the account.
     • 3.1.12. All winners of the first two rounds of the contest who received Managed Accounts (PAMM) will take part in the third round of the contest.
     • 3.1.13. The third round competition period is until 26 December 2014.
     • 3.1.14. The three participants whose Managed Accounts (PAMM) showed highest profitability during one of the Investment Period and whose profitability level was positive at the end of the contest, will become the third round winners. The winner's maximum drawdown level cannot exceed 30%.
     • 3.1.15. At the end of the last week of the contest, after the results are summarized, three Managed Account (PAMM) pre loaded with $25 000, $15 000 and $10 000 accordingly as bonus funds are opened for the third round winners in accordance with the terms and conditions of the contest.