JustMarkets launches trading contest with exclusive prizes
JustMarkets launches trading contest with exclusive prizes
To celebrate the Indian festival of Diwali, JustMarkets has launched the Golden Diwali trading contest, which will run from October 15 to November 15, 2024. The contest offers participants the opportunity to win golden prizes by trading a pair (XAU/USD).
The Golden Diwali contest is exclusively for JustMarkets clients residing in India who have registered with a verified account. To participate, traders must make a deposit of at least $100 in a single transaction during the registration period, which runs from October 7 to November 15, 2024. Only deposits made during this period are eligible to participate, and funds transferred between accounts do not count towards the contest requirements. Once registered, participants can start trading gold on live accounts to compete for prizes.
Golden Diwali uses a tiered prize system to reward traders. Participants are divided into three tiers based on trading volume. Tier I includes traders who have traded at least 100 lots, which gives them a chance to win the grand prize of 15 grams of gold. Tier II, which includes participants who have traded between 50 and 99 lots, offers a reward of 10 grams of gold. Finally, Tier III covers those who have traded between 10 and 49 lots, with two winners receiving 5 grams of gold each.
JustMarkets will select the winners from each tier using the “Lucky Draw”, where the winners will be chosen using the “Wheel of Fortune” method after the contest is over. The results will be published on the official JustMarkets website and social media and the winners will be contacted directly. Participants must respond to the notification within 10 calendar days and must have fully verified accounts to claim their rewards.
Gold prizes are awarded in physical gold or, at the participant's request, in cash equivalent to the prize, credited to the winners' trading accounts. Participants have the option to use the cash rewards for trading or withdraw them. JustMarkets has set a delivery timeframe for prize distribution of up to 45 business days after the end of the contest.
Apart from the exciting prizes, JustMarkets sees the contest as a way to engage its Indian users during Diwali celebrations.
By holding such a contest, JustMarkets aims to deepen its presence in India's growing trading community while creating a festive and competitive atmosphere for its customers.
Read also: xChief announces registration for the 13th round of forex contest for traders
