MtCook Financial and Golden Apex Capital - CONTEST FORM

Please complete the form below to apply for the trading contest.

A confirmation email will be issued upon receipt of this form.

E-Application / Digital Signature Disclaimer: Completing this application online is considered an "E-Application" which requires an Electronic Signature to complete it. What is an Electronic Signature? - An electronic signature is a process by which an applicant signs their application via the Web. Submitting an electronic signature eliminates the need to print and mail your application and expedites the approval process. How does the electronic signature process work? - You will submit your electronic signature by reviewing this application and checking box(es) and/or typing specified text where indicated. Each signature is a one-time event and will only be used to sign your application or bind request. If you decide not to submit your application or bind request with an electronic signature, please contact us and you will be provided with an alternative method of submitting the application. You consent and agree that your use of a key pad, mouse or other device to select an item, button, icon, checkbox, to enter text, or to perform a similar act/action, while using this website, for the purpose of applying for an account, accessing or making any transactions regarding any agreement, acknowledgment, consent, terms, disclosures or conditions, constitutes your signature, acceptance and agreement as if actually signed by you in writing. You further acknowledge and agree that the taking of any such actions by you evidence your intent to sign any such agreement, acknowledgment, consent, terms, disclosures or conditions. You also agree that no certification authority or other third party verification is necessary to the validity of your electronic signature; and that the lack of such certification or third party verification will not in any way affect the enforceability of your signature or any resulting contract.

Security: Please note, upon clicking submit on this form, all data getting submitted goes through "FormSite" application servers - which uses high-grade 256 bit SSL encryption for secure connections, the same level of security used by banks and other financial institutions. This is the same secure technology that many services uses to transmit sensitive data. Your data is always kept safe, private and confidential at all times, as per our privacy policy.

Confirm your Identity

Prior to processing your trading contest application, for security pruposes please confirm your account details as indicated below. NOTE: all information must match exactly with the information on file for your account before it can be processed. As such we can only process trading contest applications to accounts under the same name. We cannot make a contest application to separate 3^rd parties.

TO BE COMPLETED BY THE BENEFICIAL ACCOUNT HOLDER, OR IN THE CASE OF CORPORATE ACCOUNTS - THE ACCOUNT HOLDER'S AUTHORIZED SIGNATORY.

Email Address *

Confirm Email: *

First Name(s): *

Surname / Family Name: *

Date of Birth: * +

Phone (Primary) * 🛈

Contest Account(s) Details

Please fill in your contest account data:

Contest account: *

	Account #	Nickname
Acc #	Account #	Nickname

(Optional) Additional accounts you are applying to the contest:

	Account #	Nickname
Acc 2	Account #	Nickname
Acc 3	Account #	Nickname
Acc 4	Account #	Nickname
Acc 5	Account #	Nickname

Each of the above accounts need to be approved by MtCook Financial. You will receive an email confirmation for each of the accounts submitted to the contest. The accounts can be active, and hold open trades into the contest, however please make sure the equity of the account is at least 1,000 USD or equivalent in another currency. Any account where the equity is below the threshold at the start of the contest, will be disqualified.

(Optional) Additional comment:

0/300 characters

Terms

I understand and agree to the following terms:

(i) This contest is organized by the brokerage MtCook Financial, and the partner Golden Apex Capital, with the purpose of searching for successful traders that can manage bigger accounts in exchange for profit share with the manager;

(ii) This contest is free of charge for all clients of MtCook Financial with live ECN trading accounts, and can participate as long as they follow the rules of this contest;

(iii) Nickname the client choses needs to be unique, and cannot contain any offensive elements. In an event that two or more clients choose the same nickname, the client that chose the nickname first, will be able to use that nickname for the purpose of this contest. On contests that follow, the clients will have a chance to keep their current nicknames, unless they specifically want to use new ones;

(iv) Chosen nickname, country of residence, and performance figures are public for the purpose of this contest. Any personal client information and trading statements are strictly private. High ranking clients that would like their certain private information to go public, will need to send a written consent to MtCook Financial in order to reveal any of such information;

(v) The contest account application must be submitted at least 7 days before the official start of the contest (by Sunday market open 1 week prior to the official contest start). The account that has failed to meet those this deadline will not be able to participate in this contest;

(vi) The terms of this contest are outlined below:
- Client needs to submit this application form for the contest account. Once the account has been prepared, the client will be notified that the account is ready;
- Contest account needs to be a self directed MT4 account on the ECN feed;
- Contest account needs to have minimum 1,000.00 USD or equivalent equity on the start of the contest (Sunday market open);
- Contest account needs to be set to 7.5 USD/lot commission;
- Contest account's spreads are raw by default. Clients can trade on marked up spreads if they choose to;
- Contest account's leverage needs to be set at most at 200:1. Clients can trade at lower leverages either if they don't want to trade on 200:1 leverage, or if lower leverage is in any way mandated by the brokerage (account size etc);

(vii) Clients can trade all the available instruments: FX, metals, CFD, Crypto;

(viii) Accounts that have successfully applied to participate in the contest, do not need to start the contest flat. They can have open trades from the time before the contest;

(ix) MtCook Financial is not responsible if the client’s deposit to the contest account did not hit in time for the contest. MtCook Financial is also not responsible if the client sent a request for an internal transfer of funds to the contest account during market close (the weekend), or if the internal transfer request is inadequate. Clients should make sure they fund their contest account(s) in time;

(x) Minimum starting equity for the account on contest start Sunday open is 1,000.00 USD or equivalent. The equity is determined by FxBlue tracking tool, which publishes live results on MtCook Financial website. In case the minimum equity is not met, the account is disqualified from the contest;

(xi) In case the account is not in USD currency, the minimum starting equity (from the clause above) is calculated based on Sunday open contest start spot price on our ECN feed. In case the equivalent of the before mentioned equity is below 1,000.00 USD, the account will be disqualified from the contest;

(xii) Clients that receive rebates on their contest accounts, and those rebates are paid to the contest accumulative commission account, cannot withdraw the rebates until the contest has officially ended. MtCook Financial will pay those rebates in the first week after the contest has officially ended;

(xiii) Trading strategies/styles that are not allowed; The purpose of this contest is to search for scalable strategies that have potential to trade on larger capital allocations. Trading strategies/styles that include news trading, hyper scalping, and arbitrage trading, are not considered scalable, and are thus not allowed for the purpose of this contest. News trading for the purpose of this contest is considered trading on any news events, where: (1) trade is opened 1 minute prior or 1 minute after the release of the news event, (2) trade is closed within 5 minutes after the release of the news event, (3) trade is net positive. Hyperscalping for the purpose of this contest is considered on any trades where a single trade is opened, and closed (in full or partially) within 30 seconds. Accounts found news trading (10% or more of such trades), hyperscalping (10% or more of such trades), performing arbitrage, will be disqualified from the contest;

(xiv) Accounts participating in this contest should be active, which means they need to open at least 3 trades during any full week (Sunday market open to Friday market close) of the contest. Any accounts failing to open at least 3 trades during the before mentioned time frame, will be disqualified from the contest;

(xv) Deposits and withdrawals are not allowed during the contest. MtCook Financial's Swap adjustments, MTMPL adjustments, trade correction adjustments, do not count as deposits/withdrawals, and are allowed for the purpose of this contest. Any deposits/withdrawals performed by the clients are strictly forbidden, and will disqualify the account from the contest;

(xvi) MtCook Financial and Golden Apex Capital as the organizers of this contest, reserve the right to disqualify any account that its trading is considered predatory for any reason, even if it does not fall into the category of news trading, hyperscalping, arbitrage trading, low volume trading (under 3 trades in a week);

(xvii) Accounts participating in the contest are evaluated weekly (week to week analysis) for:
- Activity, where accounts need to open at least 3 trades per week;
- Hyperscalping, where 90% or more trades need to have trade duration 31 seconds or more;
- Deposits and withdrawals are not allowed during the contest;
Accounts that do not meet any of those terms will be disqualified during the contest. Accounts performing news trading will be evaluated at the end of the contest, where 90% or more trading profit during the contest needs to be derived from trades that do not fit the criterions of news trading from clause xiii. Accounts that do not meet this criteria, will be disqualified at the end of the contest. News trading analysis is performed manually, and all accounts nominated for any award will be inspected. Other accounts not winning any reward might not be inspected;

(xviii) MtCook Financial and Golden Apex Capital use FXblue software to evaluate the performance of this contest;

(xix) MtCook Financial and Golden Apex Capital use a combination of automated and manual analyzing tools to evaluate the accounts for the trading style, and to make sure the accounts traded by the rules of this contest. Any account winning any of the rewards, will be strictly analyzed to make sure the rules of this contest were followed;

(xx) Any client whose account is disqualified, will receive a written notice of the account's disqualification, and the reasoning behind it. Despite the disqualification from the contest, the account can still be normally traded;

(xxi) Any elements of trading style/strategy that are not allowed as per the clauses above, but happened before the contest official start, have no affect on the account during the contest. Contest accounts are only analyzed and evaluated during the official time of the contest;

(xxii) Contest rewards are paid in the first week after the official end of the contest. Those will be paid to clients’ accounts that won the rewards. Clients can use those funds to further trade, or to withdraw at anytime;

(xxiii) Perfect conditions and execution are not guaranteed, and depend on many factors outside of MtCook Financial’s coverage. MtCook Financial however will always strive to bring their clients the best conditions, and fix any issues in a fair manner;

(xxiv) MtCook Financial and Golden Apex Capital will keep clients’ information private at all times, and will not copy trading from successful clients. Certain trading data may be shared with the partnering institutional clients, with the purpose of substantial capital allocations to the clients. Clients chosen by institutional clients will be notified, and will receive an agreed profit share on their trading;

(xxv) Clients' performance will be shown to the institutional clients from MtCook Financial's and Golden Apex Capital's client base, where good performing clients have a potential to receive a capital allocation. Neither MtCook Financial nor Golden Apex Capital guarantee that any client would receive a capital allocation.

(xxvi) This document shall be subject to the same legal jurisdictions and thresholds as stated in the the Brokerage’ Client Agreement;

(xxvii) I place no restrictions in respect of the clauses above;

*I/*We confirm that *I/*we have entered this information as accurately as possible, and agree to take full responsibility for any additional charges and/or problems which may arise due to inaccurate information being presented on this form. By signing this contest application form *I/*we agree to be legally bound by it's terms and conditions, and agree to have read, understood, and accepted the electronic signature disclosure herein.
*

Yes I confirm and Acknowledge the terms of this application form.

TO BE SIGNED BY THE BENEFICIAL ACCOUNT HOLDER, OR IN THE CASE OF CORPORATE ACCOUNTS - THE ACCOUNT HOLDER'S AUTHORIZED SIGNATORY.

First Name: *

Last Name: *

Digital Signature (user your mouse / keypad to digitally sign this document): *

clear