Our competitions at UWM are open to anyone who wishes to participate. The following rules apply to each competition. Breaching any of these rules will immediately disqualify competition participants.
You may only have one registered account through one email address and one IP address; if you register multiple accounts you will be immediately disqualified
The daily drawdown for the competition is calculated based on the balance or equity, whichever is greater when the day changes 5 pm EST. The daily drawdown amount is always fixed to 5% of the initial balance. For the $100k account, the daily drawdown will always be $5k minus the balance or equity (whichever is higher when the day resets at 5 pm EST or 00:00 GMT+3).
Maximum 5 lots across all positions
Leverage is the same as our Evaluation assessments
No EAs are allowed
10% Max Total Drawdown
5 Minimum Trading Days
No taking advantage of unrealistic fills in the demo environment
Becoming Disqualified
If your account is not active for more than 14 days, it will become expired and be disqualified from the competition. If this occurs, you will not be able to participate in the current competition but you are welcome to join the following month's competition.
Please note that all trades must be closed prior to the competition's end in order to be eligible for the respective prizes.