Terms & Conditions

Eligibility

• The competition is open to all verified clients of Finsai.
• Participants must have made a minimum deposit of $500 and achieved a trading volume of at least $100,000 (equivalent to 1 Lot) since the time of their account verification to be eligible for the competition.

Competition Duration

• The competition will run on a weekly basis.
• Winners for each week will be declared on Wednesday of the following week.

Ranking and Prizes

• Prizes will be awarded to the top 3 rank holders (Rank 1, Rank 2, and Rank 3) based on their trading performance during the competition week.
• Prizes can be in the form of trading bonuses, direct cash transfers, gift vouchers, or other promotional items as determined by Finsai.
• Specific details about the prizes for each rank will be announced before the start of each competition week.

Usage of Bonus Prize

• If the prize is awarded in the form of a trading bonus, this bonus amount can only be used for trading purposes on Finsai.
• The bonus amount cannot be withdrawn, transferred to another account, or exchanged for other offers.

Determination of Winners

Winners will be determined based on the highest profit generated during the competition week.

In the event of a tie, where multiple traders achieve the same profit, the winner will be decided by the number of profitable trades executed. A trader with more consistent profitable trades will be ranked higher.

For example: If Trader A and Trader B both generate a profit of $100, but Trader A achieves this with 2 profitable trades of $50 each, while Trader B takes 3 trades with 2 profitable trades of $60 each and a loss of $20 in one trade, Trader A will be considered the winner due to consistent profitability.

Account Verification

• Only verified clients are eligible for the competition. Clients are required to verify their accounts by providing the necessary identification documents before participating.
• Profits or prizes earned from the competition can only be withdrawn or redeemed by verified clients.

Abuse and Fraud

• Any indication or suspicion of fraud, manipulation, or other forms of deceitful or fraudulent activity related to the competition will result in immediate disqualification from the competition and may also lead to account termination.

Amendments

• Finsai reserves the right to update or modify these terms and conditions without prior notice. It is the responsibility of the participants to regularly check for any updates.

Acceptance of Terms

• By participating in the competition, clients also accept the terms and conditions associated with it. Clients are advised to read and understand these terms thoroughly before participating.

1. Scalping

Scalping, including high-frequency or ultra-short-term trading strategies designed to exploit very small price movements or temporary market conditions, is not permitted.

Finsai reserves the right to determine whether a trading pattern constitutes scalping based on factors including, but not limited to, trade duration, frequency of transactions, order patterns, and the overall nature of the trading activity.

2. Arbitrage

Arbitrage trading is prohibited where it involves exploiting price discrepancies, execution delays, latency, differences between liquidity providers or trading venues, or other discrepancies in Finsai's pricing, execution, or trading infrastructure.

This includes, but is not limited to:

• Price or latency arbitrage;
• Exploiting delayed or erroneous quotes;
• Cross-account or cross-platform arbitrage intended to exploit pricing discrepancies;
• Arbitrage involving promotional bonuses or other Finsai offers; and
• Any strategy designed primarily to exploit technical, pricing, or execution discrepancies rather than genuine market exposure.

Enforcement

If Finsai determines, at its reasonable discretion, that a client has engaged in prohibited trading activities, Finsai may take appropriate action, including cancelling or voiding affected trades, withholding or cancelling promotional bonuses or competition prizes, disqualifying the client from a competition, restricting or suspending trading activity, or terminating the client's account, subject to applicable laws and regulations.

Finsai may review trading activity, order history, execution patterns, account relationships, and other relevant information when determining whether prohibited activity has occurred.

Clients are responsible for ensuring that their trading strategies and activities comply with these Terms & Conditions.