REGULATIONS ON THE «TELETRADE CHALLENGE»

1. General Provisions

1.1. These Regulations define the terms of the «TELETRADE CHALLENGE» promotion (hereinafter the "Promotion"), its terms and forms, the procedure for summing up the results and awarding prizes.

1.2. The organizer of the Promotion is the Limited Liability Company TeleTrade D. J. Limited (hereinafter, the "Organizer"): Registration number: 20599 IBC Address: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

1.3. The Promotion is designed to reach new clients for the Promotion Organiser and incentivise the current clients using financial rewards for those who managed to comply with the Promotion requirements.

1.4. The Promotion is not a lottery; it is purely promotional in nature.

1.5. The Promotion is held on the territory of the whole world, except for countries where such promotions are prohibited to be held through the Internet.

1.6. Promotion Period TELETRADE CHALLENGE - https://www.teletrade.org/challenge/profit from 01.03.2025 2:00 (UTC) to 30.04.2025 17:00 (UTC).

1.7. These Regulations, as well as amendments and changes made to them are posted on the Internet at https://teletrade.org/

1.8. The fact of participation in the Promotion means full and unconditional consent of the Promotion's participant to all Promotion's conditions.

1.9. These Regulations are a public offer (offer) of the Organizer to participate in the Promotion on the terms set forth in these Regulations. Commission of the actions specified in these Regulations by an individual participating in the Promotion constitutes the acceptance of this offer.

1.10. Customers who had opened a trading account before the start of the Promotion, as well as customers who opened a trading account with the Organizer's company during the period of the Promotion and who meet the following conditions can participate in the Promotion:

  • is a capable individual who is 18 or older;
  • is not an employee of the Organizer.
TELETRADE D.J. LLC, SAINT VINCENT AND GRENADINES

2. Procedure for participation in the Promotion

2.1. In order to participate in the Promotion, an individual who meets the requirements specified in Clause 1.10. of these Regulations does the following:

- open a special trading account of Contest type on the Promotion page https://my.teletrade.org/promo/challenge;

funding the special trading account in the amount of $250 by one or more payments during the Promotion period.

2.2. Funding a trading account only counts if the money is deposited; the funding does not include transfers between your Personal Area account, transfers between accounts of the company's clients, funding through TeleTrade's affiliate account, as well as funding using the money you withdrew first from the company's accounts.

2.3. Participation in the Promotion begins when Equity in the client's special trading account of Contest type meets the minimum requirement for participation in the Promotion, within the Promotion period.

2.4. A Client with a special account opened within the framework of previous TELETRADE CHALLENGE promotions, but not included in the number of winners of the Promotion is allowed to participate. Before the start it is necessary to bring the account balance in accordance with the requirements of the current Promotion.

2.5. A Client may participate in one Promotion with only one account.

3. Terms and Conditions of the Promotion and Prize Accruals

3.1. You can find the conditions of the Promotion at https://www.teletrade.org/challenge/profit

3.2. If the condition of minimum Equity on the Client's special trading account of Contest type is met, the account is displayed in a special Rating in the Personal Area with ranking according to the received total yield on the special account.

3.3. At the end of the Promotion, the final calculation of the received profitability for the time of participation in the promotion is made. Equity values at the beginning and at the end of the Promotion are taken as the basis for the calculation.

3.4. The first five participants of the Rating with the maximum profit for the period of participation in the Promotion become prizewinners. TELETRADE D.J. LLC, SAINT VINCENT AND GRENADINES

3.5. Prize amounts are awarded to the winners in the form of a gift (prize) investment from the Organiser in the amount shown in the table:

Participant's prize Prize investment amount
1st winner $10,000
2nd winner $5,000
3d winner $2,500
4th winner $1,500
5th winner $1,000

3.6. A prize investment (funds under management) is an investment from the Organiser which is attached as a third-party investment within the Synchronous Trading project.

3.7. In order to receive the prize investment, it is necessary to click on the ‘Request a Prize’ button in your Personal Area and reissue the special trading account of Contest type to the Trader's account within the framework of the Synchronous Trading project.

3.8. Profits earned from the management of a prize investment may be used by the Client in accordance with the Synchronous Trading Rules, to the extent of 15% of the profit on the prize investment.

3.9. All investments are made at the Organiser's own expense.

3.10. The Organiser reserves the right to refuse to issue a prize investment in case of violations by the participant of the Promotion. The Organiser has the right to withdraw the prize investment at any time.

4. Additional Information

4.1. The Organizer's customers shall pay taxes which may arise when they receive transfers from the Organizer, on their own.

4.2. The Organizer shall not indemnify or compensate any losses, costs or any TELETRADE D.J. LLC, SAINT VINCENT AND GRENADINES other expenses that may arise for the participants of the Promotion in connection with participation in the Promotion.

4.3. The Organizer reserves the right to change or supplement this Provision at their discretion.

4.4. The Organizer reserves the right not to enter into written negotiations or other contacts with the participants of the Promotion.

4.5. Participation in the Promotion is a consent to collection, processing, storage and use of personal data for the purposes of providing services to customers and the formation of a pool of loyal customers of the Organizer of the Promotion.

4.6. The Organizer has the right to change the Regulations of the Promotion at any time at their discretion by posting the new terms at the address specified in clause 1.6. hereof.

4.7. Everything that is not governed by these Regulations shall be regulated by the legislation of the Organizer’s country of registration.

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This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

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Risk Disclosure

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