After the success of the Win Lamborghini campaign which ended on December 20, 2019 this time Instaforex brought back a similar campaign that began on December 9, 2019 to December 9, 2022. In this campaign Instaforex presented one of the best mid-engined supercars in its class, the Ferrari F8 Tributo as the grand prize.
Nothing has changed in this campaign compared to the previous campaign except for the grand prize. To be able to join this campaign, you only need to make a minimum deposit of US $ 1000 during the campaign period. If you are registered with Instaforex Club the minimum deposit requirement is US $ 500. You are free to follow this campaign using multiple accounts but Instaforex will limit the number of accounts that you can use up to 100 accounts.
As usual the winner will be determined from the last 5 digits of his trading account (no matter if it contains 5, 6 or 7 digits). If these 5 digits coincide with the Lamborghini-number, the holder will be announced the owner of the car. At 23:59 on Friday December 9, 2022 the market closing rates shall be fixed:
- The first Ferrari-number digit = the penultimate digit of EURUSD closing rate
- The second Ferrari-digit number = the last digit of GBPUSD closing rate
- The third Ferrari-number digit = the last digit of USDJPY closing rate
- The fourth Ferrari-digit number = the last digit of USDCHF closing rate
- The fifth Ferrari-digit number = the last digit of the USDCAD closing rate
Things that need to be considered:
- The residential data of the Participants may be published.
- The Campaign results are published within 45 days after it finishes, when all investigations are completed.
- After the awarding ceremony the Campaign Winner assumes responsibility for paying taxes and other compulsory payments set by the government.
- The Winner is titled to get a $ 300 000 account instead of the automobile. The account has some peculiarities:
- the initial deposit in the amount of $ 300 000 is credited to the trading account only after the winner gets the second level of verification for this account;
- the initial deposit in the amount of $ 300 000 cannot be withdrawn. Yet 50% of the profit earned from $ 300 000 can be withdrawn without restrictions;
- the maximum number of opened trades shall not exceed 10 of the total volume not exceeding 600;
- the minimum trade volume is 6 lots;
- the winners are prohibited to use such trading strategies that include opening of occasional unidirectional trades of the highest volume or forming such trades by opening multiple unidirectional positions;
- the maximum amount of profit available for withdrawal from a trading account equals a double amount of the prize sum.
Read on this Instaforex contest page for more detail.