Contest Overview

Contest SponsorLiteForex (LiteForex)
Prizes$350,000 Worth of Prizes
Contest Periodfrom May 1, 2020 until May 5, 2021

How to participate

Open a live trading account with LiteForex, deposit at least 500 USD and trade at least 10 standard lots.

Requirements for Participants

You must complete the account verification with LiteForex to be qualified.

LiteForex $350,000 Dream Draw Table of Contents

liteforex-dream-lucky-draw-raffle-promotion

LiteForex’s $350,000 Dream Draw Condition

Here is the main information of LiteForex’s $350,000 Dream Draw promotion.

Promotion Period Until May 3rd 2021
Promotion Type Lucky Draw (Raffle)
Prizes of Draw 20 Gorgeous Prizes (Worth $350,000)
Requirement Account Verification, $500 Deposit, 10 Lots of Trading
Number of Tickets per Trader Unlimited

You haven’t opened an account with LiteForex yet?

Open a live trading account with LiteForex today and join this Lucky Draw.

Visit LiteForex Official Website

What is LiteForex’s $350,000 Dream Draw?

By making a deposit of at least $500 and trade 10 standard lots, you will earn a ticket to win gorgeous prizes of LiteForex.

All registration deposits from $500 to ECN and/or CLASSIC accounts deposited in a single transaction during the promotion will automatically participate in the promotion.

The registration deposit made to the trading account is automatically assigned a unique participant number, which is sent to the e-mail address registered in the Client’s Cabinet.

The unique number assigned to the registration deposit is added to the list of participants on the promotion page and will take part in the drawing of gifts according to the schedule provided that the minimum trading requirement is met.

Participants can make an unlimited number of registration deposits of 500 USD, thus increasing their chances of winning.

Internal transfers between trading accounts are not deemed as registration deposits.

Go to LiteForex Official Website

Prizes of LiteForex $350,000 Dream Draw

Each winner will get a trip to the LiteForex gala dinner in Dubai at the expense of the organizer, where prizes will be awarded.

20 prizes will be distributed among the 20 winners one by one through the final lottery held at a gala dinner in their presence:

  • One certificate for USD 250,000 for the purchase of a house anywhere in the world at the winner’s choice.
  • One certificate for USD 60,000 for the purchase of a car of the winner’s choice.
  • Two latest model iMac Pro workstations (3.2GHz 8-core Intel Xeon W, 32GB 2666MHz ECC memory, 1TB SSD Storage)
  • Three latest model MacBook Pro 16 laptops (3.2GHz 8-core Intel Xeon W, 32GB 2666MHz ECC memory, 1TB SSD Storage)
  • Three latest model MacBook Pro 13 laptops (2.4GHz Quad-Core Processor, 256GB SSD Storage)
  • Three latest model MacBook Air laptops (1.1GHz Quad-Core Core i5 Processor, 512GB SSD Storage)
  • Three iPhone 11 Pro Max smartphones 512GB (or the latest equivalent iPhone model at the time of awarding)
  • Four iPhone 11 Pro smartphones 512GB (or the latest equivalent iPhone model at the time of awarding)

Prizes cannot be exchanged for other items, services, or money.

Each winner is responsible for paying all taxes and other existing mandatory payments related to the use of the gift established by applicable law. The organizer shall not pay any taxes and/or registration fees for assuming ownership of the house, car, or other prizes.

Visit LiteForex Official Website

How to participate in LiteForex’s $350,000 Dream Draw?

Follow the easy steps below to join LiteForex’s $350,000 Dream Draw promotion.

  1. Go to LiteForex Official Website
  2. Open a live trading account with LiteForex
  3. Deposit at least 500 USD
  4. Trade at least 10 standard lots
  5. Receive a Lucky Ticket
  6. See if your ticket has won a prize
  7. Travel to Dubai and claim your prize at a gala dinner with LiteForex

All winners must fully verify their profiles in order to participate in the final prize draw.

LiteForex reserves the right to request any additional information regarding the identity of the participant.

Go to LiteForex Official Website

How the lucky numbers are decided?

The winning number is formed from the BID prices of four currency pairs on the “LiteForex-ECN server”.

W X Y Z are:

W
the last digit of the bid price of the AUDUSD currency pair
X
the last digit of the bid price of the EURUSD currency pair
Y
the last digit of the bid price of the GBPUSD currency pair
Z
the last digit of the bid price of the USDJPY currency pair

The winner is the deposit whose unique number matches the winning number generated according to the schedule.

In case the number of participants at the time of the draw is less than the generated number or the number of participants exceeds 9,999, the winner is calculated by the following formula:

winning_number = number of participants × generated_number / 9999

Visit LiteForex Official Website

Final Draw at the Gala Dinner in Dubai

Each winner is a guaranteed holder of one of the prizes of the promotion and a trip to the company’s gala dinner in Dubai to participate in the final lottery, in which the final draw of prizes will occur.

The final draw of prizes will be carried out as follows:

  1. The numbers of 20 winners will be placed in the lottery drum and extracted one at a time, prizes will be distributed from smaller to larger in order.
  2. The winners will personally observe the process, and all LiteForex clients and partners who are not present at the gala dinner will be able to watch the final lottery live on LiteForex’s YouTube channel.
  3. LiteForex will cover the travel costs (tickets and accommodation) of the winners invited to the gala dinner as an additional gift to each of the winners.
  4. Each winner is responsible for the costs and the process of applying for documents and obtaining a visa to visit the United Arab Emirates.

If the winner cannot attend the gala dinner, they will have to take part in the gala dinner and in the final lottery via video conference, which will be organized by the company.

The preliminary date for the final gala dinner and lottery is July 10, 2021.

The date may be changed due to organizational peculiarities.

The exact place and time will be announced one and a half months before the event.

Go to LiteForex Official Website

Rules of LiteForex $350,000 Dream Draw Promotion

The organizer has the right to disqualify a participant or a winner without explanation. The reasons for the disqualification may be as follows:

  • if the winner refuses to verify their profile or provide copies of documents or any other identification data;
  • Violation or non-observance of the promotion rules;
  • Violation or non-observance of the «Client Agreement»;
  • Registration of several client profiles belonging to the same physical person;
  • Opening counter transactions of big amounts on the same currency pairs on different accounts and at the same time approximately;
  • Use of quotes flow failures to make guaranteed profits;
  • Presence of transactions, including locked trades, whose duration is less than 2 minutes;
  • Ascertainment or suspicion that a Participant has committed any kind of fraudulent action;

If a situation arises in which, after checking the winner for compliance with the conditions, the organizer is forced to disqualify them, the draw of a new winner shall be repeated according to the schedule.