Create a new competition

If you choose a value for minimum equity, competitors are immediately disqualified if their published equity falls below this value.

If you use the minimum equity field, you must also set a compulsory deposit currency for the competition.

If you choose a value for maximum cash drawdown, competitors are disqualified if they lose more than this amount at any time during the competition.

For example, a competitor starts with $1000 and increases to $5000. They then lose $2000 from there (leaving them with $3000). You have set the maximum cash drawdown to $1500. The competitor is disqualfied, despite the fact that they are still in profit ($3000 equity versus a starting value of $1000).

If you use the maximum cash drawdown field, you must also set a compulsory deposit currency for the competition.

If you choose a value for maximum drawdown percentage, competitors are disqualified if they lose more than this amount at any time during the competition.

For example, a competitor starts with $1000 and increases to $5000. They then lose $2000 from there (leaving them with $3000) - i.e. drawdown of 40%. You have set the maximum drawdown to 30%. The competitor is disqualfied, despite the fact that they are still in profit ($3000 equity versus a starting value of $1000).

If you choose a value for maximum trade size, competitors are disqualified if they place a trade for a larger lot size than this during the competition, or if they have such a trade open when the competition starts.

If you choose a value for maximum lots, competitors are disqualified if their total trading activity during the competition exceeds this number of lots.

Hedged orders count separately. For example, if the competitor places a buy order for 0.1 lots and a sell order for 0.1 lots, this will count 0.2 lots towards the limit.

If you choose to disallow open positions at the start of the competition, competitors will be disqualified if they have open positions the first time that they publish results after the competition starts.

You can choose to restrict the competition to live accounts only, or to demo accounts only. Competitors are disqualified if they publish results from the wrong type of account.

You can choose to restrict the competition to accounts with a particular deposit currency such as USD or EUR.

N.B. This is a restriction on the deposit currency, not on the symbols/currencies which competitors are allowed to trade.

You must specify a competition currency if you want to use a starting equity value, a minimum equity value, or a maximum cash drawdown.

If you choose a value for starting equity, competitors are disqualified if their first published equity after the competition starts is not exactly equal to this value.

If you leave this value blank, competitors can start with any amount of equity. The winner will be the person with the best percentage growth, not (necessarily) the most equity or the largest cash profit.

A compulsory start-equity value is normally only used with demo-account competitions - because it is difficult to arrange for live accounts all to contain exactly the same amount of money.

You can limit the competition to particular currency pairs (or other financial instruments). If you leave this field blank, there is no restriction on what people can trade.

The list should be entered as a series of symbol names separated by commas. For example: EURUSD,USDJPY,GOLD

Currency pairs should be specified as EURUSD, not EUR/USD etc. The system automatically handles the use of suffixes on some brokers (e.g. EURUSDm, EURUSDFXF). You should enter the bare symbol names without a suffix.

The timezone field automatically detects the date/time settings in use on your computer. You only need to change it if you want to specify a start and end date for the competition using a different timezone - for example, you are in US Eastern time but you want to specify a start and end date using US Central time.

You can either start and stop competitions manually, or you can have the system start and stop the competition for you automatically.

You enter the date and time according to the timezone listed above, which defaults to the date/time settings for your computer. The time is recorded internally by the system as GMT/UTC (and adjusted accordingly).

You can either start and stop competitions manually, or you can have the system start and stop the competition for you automatically.

You enter the date and time according to the timezone listed above, which defaults to the date/time settings for your computer. The time is recorded internally by the system as GMT/UTC (and adjusted accordingly).

If you provide a URL, a Welcome tab will be added to the competition details containing this page from your website embedded in an iframe.

Any text you enter in this field will be displayed at the top of the auto-generated list of rules. You can use it to list any special rules you are applying, or to provide a description of the competition and any prizes.

This field is plain-text. To achieve more prominent and flexible bespoke content, use the Welcome tab URL.

You can restrict the competition to a particular software platform: e.g. only MT4, or only MT5, or allow either MT4 or MT5.