Rules of the Boyar Tournament (demo account,12 hours)

1. How to become a participant?

The tournament is opened up both to  new and  current customers of the company IncoNeon, who trade through  the trading terminals of the company (IN Trader, IN Multiterminal, In Mobile или IN Multiterminal).
To become a participant of the tournament, it is necessary  to register in your Personal area on the web-site of the company IncoNeon. Information Help will help you to do it. After that your application will be considered by the Tournament Coordinator. If all the regulations, indicated below, are kept and if all the information, given by you, is correct, you will get a letter about your participation in the tournament. In the registration form you should specify your nickname and if you become a prize winner, your nickname will be shown in a winner statement.  When you submit an application you should specify your real Name and Surname without any abbreviations.  The information, specified in the registration, will be compared with your Identity document.
Please, pay attention that after you registered in the tournament, you need not do it again for participation in tournaments. You need only enter your registered login and password.
Attention: The participant is allowed to have only one account. If not, the participant will be disqualified.

2. Trading period.

Trading tournament is held twice a month( mainly, on the first and the third week of the month).  Trading period of tournament -12 hours from 00:06 terminal time (GMT+2) to  18:00 p.m. of the same day, or depending on hours of work of the instrument, which takes part in tournament. Day of tournament and trading instrument will be announced the next day after the end of the previous tournament. Participants are allowed to trade on the account only during tournament. All the deals must be closed by the end of a tournament or they will be closed automatically.

3. Definition of the winners.

Best 10 traders of a week will be defined in the following way:
Total final profitability/ loss – is a profitability or loss of the final balance of the participant against the  initial balance at the beginning of tournament. Three trader with a biggest profitability will be defined as winners.
If during the tournament the participant didn’t open any positions, he will be disqualified.
Attention: there is no limit of your prize money withdrawal!

4. Information disclosure.

The participants of the tournament are able to see account numbers of the participants, balance update and a size of the overall prize money.
In order to take part in the tournament, traders must allow Inconeon  to publish their trading statements during a tournament or after it. In this case your real name will be replaced with your nickname.

5. Communication delay.

The company IncoNeon does not bear responsibility for any delays of orders acceptance and transfer during trading break, errors of transfer or communication, as well as for any other delays which are a direct consequence of force majeure circumstances.

6. Rights of  Inconeon

The tournament rules were created to provide traders with equal opportunity to succeed.
The Inconeon has a rights to correct or add rules, when it is in interest of  participants of a tournament. All the corrections and additions will be announced in the  topic.
Frauds  in accounts are forbidden, particularly lock positions on different accounts. In this case the participant will be disqualified. The Inconeon also has the right to demonstrate fact of the fraud on the forum. 
The Inconeon can disqualify any participant, who violates the rules.

7. Conclusion.

In conclusion we want to specify some information:
It is obligatory to close open positions before the end of tournament or they will be closed automatically. Mega lots are not used on tournament, because if they take part in tournament, the total balance will grow. The bigger a balance the bigger lot you can use to enter the position. Stop out- 70%.

Everything, that is not specified in the rules, is allowed.
The company IncoNeon chooses the day of Boyar tournament.  But a group of traders and analysts of the company will choose the day with the most important news, data and events – the day, which must bring many surprises and increase liquidity in the markets.

There will be only one instrument in one tournament. The next day after the end of the previous tournament, the day of the next tournament and several most interesting instruments will be chosen . The participants of our forum choose themselves an instrument among introduced instruments. 

After vote and choosing an instrument ,registration on a tournament begins and lasts, on the average , for a week till 00:00 terminal time(GMT+2) of the tournament day.