Hex Markets

RISK DISCLOSURE

Trading in financial instruments is not suitable for many members of the public. The possibility exists that funds used for such trading in financial instruments sustain a loss of some or all of your investment. It is advisable to carefully consider whether trading in financial instrument(s) is appropriate for you in light of the experience, objectives, financial resources and any other relevant circumstances. You should understand all risks involved with trading in financial instruments and if necessary, seek for an independent advice.

Entering into any transactions in financial instruments is carried out voluntarily and at your own risk. There are high risks involved in trading and profit(s) from trading are not guaranteed whereas the past result(s)/historical performance do not assure/represent the future results.

The risk is high that you can sustain losses/damages to all or some of the capital/monies invested. An investment in any financial instrument carries a high degree of risk and the money that is invested might not remain the same, whereas you undertake the risk of sustaining a loss/damage, whilst, at the same time, the possibility exists that a profit/return can materialize.

Trading on the electronic trading system(s) carries a high risk since there is a large exposure to risks associated to the online system, including but not limited to the failure of hardware and/or software. The result of any system failure may be that your request is not executed according to instructions or not executed at all. All transactions effected are at your sole risk and you shall be solely liable under all circumstances. Hex Markets, will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.

The market conditions and the operation of the rules of certain markets, trading hours, dealing room hours and so forth, may increase the risk of loss because of the difficulty to effect transactions or liquidate/offset open positions. The Company may be unable to execute your instructions at the requested level. Trading with Financial instruments on margin carries a high level of risk which can work both, to your advantage and disadvantage.

In certain cases, the protection of your money transferred for purposes of trading in financial instruments, may have an impact in the event of the specific firm/company going insolvent/bankrupt. Specific legislation or local rules may govern the extent to which you may recover money. In some jurisdictions, property/money which has been specifically identifiable as your own property/money, will be appropriated in the same manner as cash for purposes of distribution in the event of a shortfall.

You understand that commissions, fees and other charges may be applicable, and as such these charges will affect/reduce the profit (if any), or increase the loss. Before trading in financial instruments, you should make yourself aware of all charges for which you will be liable, whether such charges are at predetermined amount or variable.

You understand that the profit or loss for transactions in foreign currency-denominated contracts will be affected by the fluctuations in currency rates when there is a need to convert from the currency denomination of the contract into another currency.

You understand that Hex Markets does not guarantee access to the Website and/or any of the products and/or services to be available at all times, or in any given location at any specific time.

All transactions effected for your account(s) are at your sole risk and you shall be solely liable under all circumstances. Hex Markets will not be held responsible for any delays in transmission, delivery or execution of your request(s) due to malfunctions of communications facilities or other causes.

The Company may, in its reasonable opinion, determine that an emergency or an exceptional market condition exists (a “Force Majeure Event”). A Force Majeure Event shall include, but is not limited to the following – “any act, event or occurrence (including without limitation any strike, riot or commotion, interruption or power supply or electronic or communication equipment failure).

You understand that there is the risk that the financial instruments may be or become the subject to tax and/or any other applicable due amount(s) as per legislation, which will become your responsibility to carry out.

Rules & Regulations


The contest name is HexMarkets - Demo Trading Cup

2. The Contest is organized and run by HexMarkets

3. The Contest duration is one month from the start date to the finish date.

4. Registration for the Contest is announced prior to its start. During the registration period, anyone can register for the Contest.

5. Contest prizes:
1st place gets 400 USD
2nd place gets 250 USD
3rd place gets 150 USD
4th – 8th place gets 50USD

6. Only persons of legal age are able to take part in the Contest.

7. Each participant must register a new demo account for each Contest round.

8. Each participant agrees to provide real data during the registration. Providing fake data may result in disqualification from the Contest.

9. Any kind of IP match will be subject to disqualification.

10. Any type of arbitrage trading or any other abuse with pricing and/or quotes will be subject to disqualification from the Contest.

11. The Company reserves the right to reject or disqualify any participant without explanation. 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.

12. Each Contest account has the same trading conditions, that is:

o Account type—as in the HexMarkets cTrader account
o Trading tools—as in the HexMarkets cTrader account
o Initial deposit — 10,000 USD
o Leverage: 1:500
o Minimum volume — 0.01 lot; maximum volume is not limited.
13. Traders are able to open and close cryptocurrencies orders on the weekend.

14. All trading techniques or EAs are allowed.

15. All the current contest stats are available on the HexMarkets website.

16. All open orders will be automatically closed at the current market rate on the contest finish date.

17. The participant with the highest balance wins the contest.

18. Winners agree to the publication of their names on social media.

19. A prize must be claimed during a month after the end of the round. Otherwise, HexMarkets has a right to deny giving out a prize.

20. Each contestant agrees that some of his/her registration data (including but not limited to country of residence) will be published at HexMarkets.com.

21. If two or more contest winners have equal balances at the end of the contest, they will share the prize equally.

22. The Company 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.