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USGFX Jackpot Challenge

By USGFX
4 weeks ago
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USGFX Jackpot Challenge

USG JACKPOT CHALLENGE is held for the first time to attract top traders around the globe to challenge each other and see who is going to be announced in USGFX Hall of Fame! The prize is cumulative and unlimited; it will based on contestants’ total growth percentage of equity in their accounts of each levels. For more details on the calculation, please go to Prize Calculation.

Competition Period

  • Registration Deadline: Registration starts on 28 August!
  • Feel invited and register your participation until 16 October, 2017 before 23:59:59 (UTC+3)
  • Competition Period: From 1 September to 31 October before 23:59:59 (UTC+3)

Prize Description

Contestants will be categorized into the following levels based on the deposit amount. Each level will be independently evaluated

  • Heavyweight (Group A): $10,000 USD and over
  • Middleweight (Group B): $3000- $9999 USD
  • Featherweight (Group C): $200- $2999 USD

Prize Calculation:

Heavyweight (Group A): USGFX offers initial prize of $6000 USD for heavyweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $5 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

Middleweight (Group B): USGFX offers initial prize of $3000 USD for middleweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $4.5 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

Featherweight (Group C): USGFX offers initial prize of $1000 USD for featherweight competitors plus the commissions generated from the volume traded will be added to the jackpot. There will be $4 USD added to the pot for each lot that is traded by a competitor. Lots will be accumulated until the end of the competition.

Prize Distribution:

The top six contestants who have the highest ROI (Return on Investment) will be named the winners. Each level will have six winners so there will be 18 winners in total.

Prize distribution is set as below:

  • Grand Prize: 30% of the jackpot
  • Second Prize: 25 % of the jackpot
  • Third Prize: 20% of the jackpot
  • Fourth Prize: 12% of the jackpot
  • Fifth Prize: 8% of the jackpot
  • Sixth Prize: 5% of the jackpot
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