The International Professional League S5 kick off

 

 

1、Brief introduction

I Am A Trader Followme International Professional League(IPL) S5 would start at Sep 1st, 2019. Followme IPL has been successfully held for 4 seasons, adheres to the concept of “finding excellent traders and spreading excellent trading strategies”. The IPL is a competitive platform for traders, and it is also a platform for investors to find high-quality trading signals. Followme is committed to working with outstanding strategic organizations and traders to continuously explore and integrate resources.

 

The league was jointly organized by Followme and four well-known brokers. Gain Capital Forex.com, XM, FxPro and KVB Prime provided exclusive ranking and special awards in this contest. In particular, participating in a contest with the trading account of Gain Capital Forex.com, XM, FxPro and KVB Prime could have the chance to get a double award. At the same time, Followme supports to bind existing trading account to become a trader. The existing trading account does not need to be re-opened. Registering Followme to bind the MT4 account, you can register for the contest. Here you can show the trading, share the sharing strategy with other users, or set up and get subscription fee. The International Professional League, which is the competitive show stage for traders, is also the platform for followers to find good trading signals.

 

1.1 Contest name：I Am A Trader Followme International Professional League S5

1.2 Attendee：Live Account ( if you are not a followme trader, bind MT4 account can also participate). Open new trading account of Gain Capital Forex.com, XM, FxPro and KVB Prime could have the chance to get a double award.

1.3 Registration time is from Sep. 1st to Oct. 31st.

1.4 Contest time is from Sep. 1st to Nov. 30th.

1.5 How to enrol

1.5.1 The trader who would like to participate in this competition can apply via Followme official website, Followme APP, Followme Official Wechat account and the competition partner brokers;

1.5.2 The qualification for participant: The net worth of account shall be greater than $0. The competition committee will divide all participants into two groups, lightweight group (the account net worth < $10,000 ) and heavyweight group (the account net worth ≥$10,000);

1.5.3 The competition will divide participant to different broker ranking by the enrolled account belong’s broker. The competition only publicity partner brokers’ rank. The ranking is no differentiated for account net worth;

1.5.4 The enrolled account before 1st September 2019 shall be calculated from 1st September 2019. The account enrolled after 1st September 2019, the data will be calculated from the second day of enrollment;

1.5.5 A Followme user can bond two real accounts to participate in this competition;

1.5.6 The trader who had broker account shall bond MT4 account before enrolling this competition.

1.6 Registration URL: https://www.followme.com/tradi...

 

2、Rules of Contest

2.1. S5 season has the weekly, monthly and overall rankings, which are computed based on different periods and user groups. The third monthly ranking will not be selected for this season.

2.2. The contest applies the point-based system and ranks by points accumulated in the contest (taking three digits after the decimal point).

2.3. Score calculation:

2.3.1 Lightweight group: comprehensive score = Account's equity score*10% + maximum drawdown score*30% + accumulated net profit score*40% + score for maximum rate of return on principal*20%

2.3.2 Heavyweight group: comprehensive score = Account's equity score *20% + maximum drawdown score*40% + accumulated net profit score*30% + score for maximum rate of return on principal*10%

2.3.3 Broker ranking: comprehensive score = Account's equity score*30% + maximum drawdown score*30% + accumulated net profit score*30% + score for maximum rate of return on principal*10%

Group	Ranking	Calculation method (taking two digits after the decimal point)
Lightweight group	Highest score in the contest	Contest score = Account's equity score*10% + maximum drawdown score*30% + accumulated net profit score*40% + score for rate of return*20%
Heavyweight group	Highest score in the contest	Contest score = Account's equity score*20% + maximum drawdown score*40% + accumulated net profit score*30% + score for rate of return*10%
Broker ranking	Highest score in the contest	Contest score = Account's equity score*30% + maximum drawdown score*30% + accumulated net profit score*30% + score for rate of return*10%

 

2.4 Calculation of Account's equity score:

Account's equity score = (Account's equity/ Biggest account's equity in same group)*100*30% +（（n-ranking+1）/n ）*100*70%

(*n = the total number of participants in the same group, and they rank from high to low according to the equity.)

*The maximum compute equity value will be 10000USD in the lightweight group.

2.5 Calculation of maximum drawdown score:

Maximum drawdown score = (n-ranking+1)/n*100;

(*n = the total number of participants in the same group, and they rank from low to high according to the maximum drawdown.)

Example: Peter registered in the lightweight group and his maximum drawdown during the contest is 5%, which is the smallest in his group. The total number of participants in the lightweight group is 1000. So Peter's maximum drawdown score will be (1000-1+1）/1000 *100, which is 100.

2.6 Calculation of accumulated net profit score:

Accumulated net profit score = (account net profit during the contest/ the maximum net profit during the contest of account in the same group)*100*30% + （（n-ranking+1）/n ）*100*70%

*n = the total number of participants in the same group, and they rank from high to low according to the profit of this group.

*If any participants in the lightweight group deposits fund in the middle of the contest and cause the principal exceeds 10,000USD after deducting the profit during the contest, the computed net profit will be the net profit before deposit plus 10,000 multiplied the split-adjusted return rate after deposit.

2.7 Calculation of score for the rate of return:

(n-ranking+1)/n*100

Traders rank from high to low according to the return rate after adjusted for deposit and withdraw. Here, n is the number of participants in the same group.

2.8. Conditions for ranking:

For being listed in the monthly and overall rankings, the trader should trade at least one order in the related period.

2.9. If any participant is blacklisted due to the violation of rules, the user’s score will be 0 and not displayed on the ranking. For any question, please appeal to the Preparatory Committee of the Contest.

2.10. The monthly ranking period is not a natural month. For the sake of calculating, the monthly ranking will be computed according to the period below(weekly updated ranking), the third monthly ranking will not be selected for this season:

Monthly ranking period	Beijing Time GMT+8
1st Month	September 2 at 05:00:00 a.m. - September 29 at 05:00:00 am., 2019
2nd Month	September 30 at 05:00:00 a.m. - November 3 at 05:00:00 am., 2019
3rd Month	November 4 at 05:00:00 a.m. - November 30 at 05:00:00 am., 2019

 

3、Awards

Awards offered by Followme: The contest will set the hierarchical prizes for the different groups. The only winner will be eligible for monetary awards.

3.1 Heavyweight Group & Lightweight Group

3.1.1 1st prize

Heavyweight Group: $1,200（monetary awards +Trophy+Certificate+Community certification

The highest reward is $2,400 (joint broker account is awarded)

Lightweight Group: $800（monetary awards）+Trophy+Certificate+Community certification

The highest reward is $1,600 (joint broker account is awarded)

3.1.2 2nd prize (2 persons)

Heavyweight Group: $800（monetary awards）+Trophy+Certificate

The highest reward is $1,600 (joint broker account is awarded)

Lightweight Group: $500（monetary awards）+Trophy+Certificate

The highest reward is $1,000 (joint broker account is awarded)

3.1.3. 3rd prize (2 persons)

Heavyweight Group: $300

The highest reward is $600 (joint broker account is awarded)

Lightweight Group: $150

The highest reward is $300 (joint broker account is awarded)

3.1.4. Monthly prize (4 persons)

Heavyweight Group: $150

The highest reward is $300 (joint broker account is awarded)

Lightweight Group: $80

The highest reward is $160 (joint broker account is awarded)

 

 

3.2 Broker Ranking of Gain Capital Forex.com

Broker Ranking of Gain Capital Forex.com if for the excellent traders of Gain Capital Forex.com.

The weekly lucky prize is based on the ranking of the competition broker's weekly rankings, screening the first, eighth and 18th prizes.

The specific models of the prizes are as follows, subject to the detailed rules of the contest:

1^st Prize:

$420 cash award+Trophy+Certificate+Community certification

2^nd Prize:

$300 cash award

3^rd Prize:

$150 cash award

Monthly Prize: 200 FollowCoins

Weekly Lucky Prize: 50 FollowCoins*3

 

3.3 Broker Ranking of XM

Broker Ranking of XM if for the excellent traders of XM.

The weekly lucky prize is based on the ranking of the competition broker's weekly rankings, screening the first, eighth and 18th prizes.

The specific models of the prizes are as follows, subject to the detailed rules of the contest:

1^st Prize:

$420 cash award+Trophy+Certificate+Community certification

2^nd Prize:

$300 cash award

3^rd Prize:

$150 cash award

Monthly Prize: 200 FollowCoins

Weekly Lucky Prize: 50 FollowCoins*3

 

3.4 Broker Ranking of FxPro

Broker Ranking of FxPro if for the excellent traders of FxPro.

The weekly lucky prize is based on the ranking of the competition broker's weekly rankings, screening the first, eighth and 18th prizes.

The specific models of the prizes are as follows, subject to the detailed rules of the contest:

1^st Prize:

$800 cash award + Trophy+Certificate+Community certification

2^nd Prize:

$300 cash award

3^rd Prize:

$150 cash award

Monthly Prize: 200 FollowCoins

Weekly Lucky Prize: 50 FollowCoins*3

 

3.5 Broker Ranking of KVB Prime

Broker Ranking of KVB Prime if for the excellent traders of KVB Prime

The weekly lucky prize is based on the ranking of the competition broker's weekly rankings, screening the first, eighth and 18th prizes.

The specific models of the prizes are as follows, subject to the detailed rules of the contest:

11^st Prize:

$420 cash award + Trophy+Certificate+Community certification

Monthly Prize: 200 FollowCoins

Weekly Lucky Prize: 50 FollowCoins*3

 

3.6. Awards for the contest:

3.6.1 The weekly lucky award of brokers will announce the list of winners for the previous week on Monday and give the award on Friday. The award for monthly ranking shall be granted within seven (7) working days after the contest of this month; the award for the overall ranking shall be conferred at the end of the season, and the specific time will be notified by the Preparatory Committee of the Contest.

3.6.2 The winners shall pay the individual income tax for any articles or cash award. The community do not have the responsibility for personal tax. The winners shall obey local law.

3.6.3 The awards will be granted to the top three winners of the lightweight and heavyweight groups in the offline event. The double award will be cancelled if any of them cannot receive the award on site.

3.6.4 The award strategy has some differences due to the location’s legal. The user’s location shall be determined by registered phone number and login IP address.

3.6.5 The cash award will be sent to the winner by withdrawing official strategy subscribe fee.

 

4、Terms of Event

4.1 All participants signing up for the contest should permit the public release of his or her relevant transaction information in the community and contest promotion content, and be subject to the review of the organizing committee of the contest.

4.2 The read-only passwords and trading passwords of all accounts are not allowed to be changed during the contest. If do so, the participant shall be regarded as quitting from the contest. If any participant requests to change the read-only password, please check the Read-Only Password Change part in the Help Center - Questions on Binding.

4.3 There is no deposit or withdrawal limit during the contest.

4.4. The ranking data are updated once per week, and the update time is 05:00 a.m. every Saturday. The account rankings displayed for the contest shall be extracted from the most recent contest data.

4.5. If the organizing committee of the contest identifies that any participant commits cheating or fraudulent acts, the participant shall be disqualified from the contest. The contest prohibits virtual fund and other virtual currency behaviours. The fund must be real. If any virtual fund is found, the participant shall be disqualified from the contest and such behaviour will be publicly announced.

4.6. The organizer shall reserve the right to cancel, suspend or terminate the event in accordance with the requirements of relevant laws and regulations, judicial or administrative orders and actual conditions of the event.

4.7. All participants are informed by default of trading risks, contest rules, selection mechanism, trading rules of platform products, etc.

4.8. The organizer and its partner disclaim any liability for the direct or indirect impact on the participation in the contest for the reason of the participation himself or herself or the technical reason of a third party or network connection issues.

4.9. All the time mentioned above is Beijing time (GMT+8).