Rebelsfunding Demo Competition

The Rebelsfunding Demo Competition is an exciting opportunity for traders to showcase their skills in a competitive environment while vying for valuable prizes. With a focus on fair play and skill development, this competition is designed for traders of all levels. I

Overview of the Rebelsfunding Demo Competition

The Rebelsfunding Demo Competition provides a platform for traders to test their strategies in a risk-free environment. Participants trade using a demo account valued at $80,000, allowing them to experience real market conditions without the risk of losing actual funds. This competition not only fosters skill enhancement but also encourages community engagement among traders.

Registration Process for Participants

How to Sign Up

To participate in the Rebelsfunding Demo Competition, traders must complete a straightforward registration process. Here’s how to sign up:

1. Visit the Rebelsfunding Website: Navigate to the official competition page.
2. Fill Out the Registration Form: Provide accurate personal information, including name, email address, and age.
3. Submit KYC Documents: Upload at least one required KYC document for verification purposes.
4. Agree to Terms and Conditions: Confirm that all information provided is true and agree to the competition rules.

Traders should ensure that they complete the registration before the deadline to secure their spot in the competition.

Eligibility Criteria for Participation

Who Can Join?

Participation in the Rebelsfunding Demo Competition is open to anyone who meets the following criteria:

• Age Requirement: Participants must be at least 18 years old.
• KYC Verification: Traders must possess at least one valid KYC document (e.g., Passport, National ID card) for winner verification.
• Residency Restrictions: Participants must not have permanent residence in any prohibited countries as defined by Rebelsfunding.

It’s important to note that employees of Rebelsfunding are not eligible to participate in this competition.

Account Login Details

When to Expect Your Credentials

Once registered for the competition, participants will receive their login details for their trading account within a specified timeframe. Traders can expect to receive their credentials:

• Timeline: Login details will be sent out at least 0-5 days before the start of the competition and no later than the beginning of the competition.

Receiving these details on time is crucial for ensuring that participants can access their accounts and start trading as soon as the competition begins.

Multiple Accounts Policy

One Account Per Trader

To maintain fairness and integrity in the competition, each trader is allowed to register only one account per month. The rules regarding multiple accounts are strict:

• If it is discovered that a trader has registered with multiple accounts, those accounts will be removed.
• The trader may face disqualification from the competition.
• In the event of winning with multiple accounts, prizes will not be awarded, and they will be given to the next ranked trader.

This policy ensures that all participants compete on an equal footing and discourages any attempts at manipulation.

Competition Account Specifications

Understanding the $80,000 Demo Account

All participants in the Rebelsfunding Demo Competition trade using a demo account valued at $80,000. Here are some key features and limitations of this account:

• Account Value: Each participant starts with an $80,000 demo account.
• Demo Nature: The account is purely for competition purposes and will be closed at the end of the event.
• Profit Withdrawal Restrictions: No share of profits can be withdrawn from this account after the competition ends.

This structure allows traders to focus on developing their skills without financial risk while competing for valuable prizes.

Winner Determination Process

How Rankings Are Established

The winner of the Rebelsfunding Demo Competition is determined based on profit generated during the competition period. Here’s how it works:

1. Profit Calculation: Traders are ranked according to their profit remaining on their competition accounts after closing all trades.
2. Descending Order Ranking: The trader with the highest profit at the end of the competition is declared the winner.
3. Transparency in Results: Rankings are updated regularly on a leaderboard accessible to all participants.

This clear method of determining winners ensures transparency and encourages healthy competition among traders.

Trading Leverage Explained

Leverage Sizes for Different Instruments

The leverage provided on different asset classes during the Rebelsfunding Demo Competition varies significantly. Understanding these leverage ratios is crucial for effective trading strategies:

These leverage ratios allow traders to control larger positions relative to their account balance, enhancing potential profits while also increasing risk.

Competition Duration

Start and End Dates

The Rebelsfunding Demo Competition follows a structured timeline:

• Start Date: The competition begins on the first day of each calendar month following registration.
• End Date: It lasts until the last calendar day of that same month.

This clear timeline allows participants to plan their trading strategies accordingly throughout the duration of the event.

Prize Distribution for Winners

What Do Winners Receive?

The Rebelsfunding Demo Competition offers an enticing prize structure designed to reward top performers based on their trading success. Here’s how prizes are distributed:

Prize Breakdown:

This tiered prize structure not only rewards top performers but also encourages broader participation by offering substantial rewards across multiple ranks.

Daily and Maximum Drawdown Rules

Managing Risk in Trading

To promote responsible trading practices during the competition, specific drawdown limits are enforced:

• Daily Drawdown Limit: A maximum daily drawdown of 5% based on equity.
• Maximum Drawdown Limit: A total maximum drawdown limit set at 10%.

These limits encourage traders to manage their risks effectively while competing for top positions.

Minimum Trade Requirements

Trading Activity Expectations

To remain eligible and competitive throughout the event, participants must adhere to minimum trading activity requirements:

• Minimum Trades Required: Each trader must execute at least 10 trades during the competition period.

This requirement ensures that all participants actively engage in trading rather than simply holding positions passively.

Overnight and Weekend Trading Policies

Flexibility in Holding Positions

Participants have some flexibility regarding position management during weekends and overnight:

• Overnight Holding Positions: Traders are allowed to hold positions overnight without restrictions.
• Weekend Holding Positions: Similarly, positions can be held over weekends as well.

This flexibility enables traders to implement strategies that may require longer-term holds without worrying about immediate closing requirements.

Trading During News Releases

Allowed Strategies During High Impact Events

Traders participating in this competition can take advantage of market volatility during significant news releases:

• Trading During News Releases: Participants are permitted to trade during high-impact news events without restrictions.

This rule allows traders to capitalize on potential price movements resulting from economic announcements or geopolitical developments.

Fraud Protection Measures

Ensuring Fair Play Among Participants

To maintain integrity within the competition and prevent fraudulent activities, Rebelsfunding has implemented strict fraud protection measures:

• Traders cannot win by executing only a few trades right before the end of the competition.
• Any behavior indicative of hedging multiple accounts will lead to disqualification from both rankings and prizes.

These measures ensure fair play among all participants and uphold the competitive spirit of the event.

Leaderboard Updates

Tracking Performance in Real-Time

Throughout the duration of the Rebelsfunding Demo Competition, participants can track their performance via a leaderboard system:

• Real-Time Updates: The leaderboard displays real-time statistics for all competitors.
• Top 100 Traders Highlighted: Participants can see how they rank against others based on profit generated during trading activities.

This feature fosters motivation among traders as they strive to improve their standings throughout the competition period.

Verification Process for Winners

Claiming Prizes After Competition Ends

Once winners are announced at the conclusion of each competition cycle, they must undergo a verification process before claiming prizes:

1. Winner Announcement: Winners will receive notifications regarding their status via email.
2. Identity Verification Required: To claim prizes, winners must provide valid identification documents (e.g., Passport or National ID).
3. Submission Deadline: Winners have five days from notification to submit required documents; failure to do so may result in forfeiture of prizes.

This verification process ensures transparency and fairness in awarding prizes while preventing fraudulent claims.

Importance of KYC Documentation

Required Identification for Prize Claims

Participants must be prepared to provide KYC documentation as part of both registration and prize claiming processes:

• Accepted documents include:
  • Passport
  • National ID card
  • Driver’s License
  • National Insurance Card

Providing accurate identification helps ensure that prizes are awarded fairly and transparently while verifying winner identities effectively.

Eliminations and Re-registration Policies

What Happens if You Get Eliminated?

In case a participant gets eliminated from the Rebelsfunding Demo Competition due to exceeding drawdown limits or other violations:

• Each trader has only one opportunity per month; re-registration after elimination is not permitted until future competitions open.

This policy reinforces accountability among participants while maintaining competitive integrity throughout each event cycle.

Communication During Competition Phase

Updates and Notifications from Rebelsfunding

Throughout each phase of this demo competition, communication from Rebelsfunding plays an essential role:

• Participants will receive important updates regarding rules changes or technical issues via email or through official channels.

Staying informed about announcements helps traders adapt quickly if any changes occur during active trading periods or if technical difficulties arise unexpectedly.

Technical Issues Disclaimer

Potential Interruptions During the Competition

Participants should be aware that as this demo competition serves as part of testing phases within Rebelsfunding’s system improvements:

• There may be occasional interruptions leading to temporary unavailability of platforms or features such as logging out unexpectedly or issues with opening/closing positions effectively.

While these challenges may arise during participation periods due diligence should still be exercised when engaging with systems under testing conditions; feedback provided by users helps improve overall experiences moving forward! By participating in this thrilling demo competition offered by Rebelsfunding participants gain valuable experience while competing against fellow traders! With clear rules established around eligibility criteria registration processes prize distributions risk management strategies etc., everyone has an equal chance at success!