Legal Documents

24Domino.com (hereinafter "24Domino") organizes Forex/CFD trading competitions ("The Competition") among its clients.

It also has a white label solution for other institutions such as banks / securities / forex trading companies. During the relevant competition period, the profit and loss ("performance") achieved by the participants is continuously calculated in USD and a ranking is maintained within the platform.

The winner, will be based on whoever achieves the highest performance at the end of the relevant competition period.

The competitions will be held regularly in different periods (weekly, twice a week, monthly, quarterly, half-yearly or yearly or based on a point system).

The duration and dates of all new competitions and any special competition rules will be published by 24Domino before the start of each competition, on its website, push notifications, email or SMS.

The competitions organized by 24Domino are open to all participants who are 18 years of age and who have a relevant residence within the approved countries. The participants must also have already an approved and active trading account with 24Domino. Multiple registrations/participation from the same user is not allowed and will lead to the disqualification of the participant. Persons who meet the requirements for participation in the competition organized by 24Domino can take part in all future competitions offered by 24Domino by registering on the platform. During the account opening process, participants will receive the option of a choosing a nickname, this is mandatory to be included in all competitions. Participation is therefore only possible with a registration. Participants can only open an account with 24Domino, the authorized broker. 24Domino will be publishing a ranking of the top 25 participants in an ongoing competition within the platform and its website. Only the top performance achieved by the participants since the beginning of the competition is published. After the end of each competition, the first 10 top performers/participants will be published on the 24Domino website. The participant expressly agrees to this publication. The participants are free to decide whether they want to take part in the competitions organized by 24Domino with an alias or their real name. If a participant decides to take part in the competition under his real name and / or to provide 24Domino profile pictures of himself, 24Domino is authorized to publish the data / pictures voluntarily provided by the participant on its website after the competition has ended. 24Domino does not guarantee the confidentiality of the data provided by the participants. Participants are not allowed to advertise themselves or third parties in their customer profile. 24Domino reserves the right to delete the profile of the relevant participant in the event of any violation of this provision.

24Domino employees are excluded from participating in any competition/s. All participants are asked to refrain from any unfair or improper behavior. 24Domino reserves the right to exclude a participant/s from the relevant competition if they suspect unfair or improper behavior. If such behavior is only discovered after the winnings have been paid out, 24Domino has the right to demand that the relevant participant repay the winnings. In particular, if a participant behaves unfairly:

1. if he/she violates the provisions of any competition’s regulations.
2. if he/she makes use of any expert advisor/automation of trades by means of which they try or creates an unfair advantage over other participants in the competition.

In particular, if a participant behaves improperly if:

1. he/she makes derogatory comments about other participants or third parties in their customer profile or within the community;
2. he/she makes racist comments about other participants or third parties in their customer profile or within the community;
3. he/she posts threats to third parties in their customer profile;
4. he/she publishes pictures or other documents with racist or pornographic content on their customer profile.

The competitions offered by 24Domino are held in different periods. The following cash will be paid out to the winners during the competition periods: Weekly competition: starting with USD 100. Super competition: maximum USD 500. The prizes are published in the 24Domino app and on the 24Domino website. The prize money detailed above is a guide for the maximum prize money available per competition, which 24Domino can redefine at any time. The prize money actually distributed by 24Domino per competition is published on the website. All prize money will be transferred wallets of the respective Winners within the platform. With the exception of the winners, who will be published on the 24Domino website, the other participants are not entitled to any prize money. If there are public holidays during a period, only official trading days are paid for in the competitions. In addition to the calculation explained above, the prize money is also divided by the number of public holidays and multiplied by the number of trading days. The winner of the competition is the participant who achieved the highest performance at the end of the relevant competition period. If several participants have achieved the same results, the participant who has made a larger number of transactions will receive the profit or the higher position in the ranking. Only participants will be included in the final ranking of a competition The daily profits are reflected within the participants trading account. Before the start of the weekly competitions, each participant must have proof of equity of at least $20 in their trading account. Otherwise, the winners will receive a proportional share of the profit measured by their starting deposit. Only the closed positions are included for the calculation of the performance. Open positions are not taken into account during this process. Positions that were opened before the competition period are not included in any competition. If all participants in a competition suffer losses or are in negative balances within a competition period, no prize money will be paid out in the context of the relevant competition. If only one or two participants achieve a trading profit within a competition period and can accordingly be included in the final ranking, the share of the prize money earmarked for 2nd or 3rd place will not be paid out. If 24Domino refrains from holding another competition, any prize money that has not been distributed will be expired and marked as non-valid. The calculation of the competitions organized by 24Domino ends on the Friday night of the relevant competition period after the market closes (22:00 GMT). The Forex/CFD markets opening and the market closing are each determined by the participant's custodian bank. Immediately after the market closes, the winners will be determined by 24Domino via their website and then notified by 24Domino by email / SMS or telephone. Entitlement to the prize arises exclusively upon receipt of this notification of prizes. 24Domino has the right to pay out the prize money via a transfer to the participant’s wallet within the 24Domino platform. 24Domino reserves the right to photograph/video tape all presentations of winner’s certificate and other awards. The exact time of the award ceremony will be announced to the winners when they are notified of the prizes. The winners generally declare their willingness to respond to interview requests from 24Domino or other media in connection with their prize and to participate in the production of image and film material. The top-placed winners also agree to provide a photo and recording of the award ceremony on their website for a maximum of one year after the award ceremony conducted by 24Domino. All prizes/payouts will strictly be issued to the winnner. No third party payments of a prize will be allowed. All payments of the prizes expires three (3) months after the announcement by the company. If the prize cannot be presented within three months of the first notification of the prize for reasons related to the person of the winner.

The participant expressly agrees that the personal details provided by them during registration may be stored by 24Domino for the duration of the relevant competition and its processing. The participant is free at any time to revoke his consent to the storage by means of a written revocation to 24Domino and thus to withdraw from participation in the competition. The participant also agrees to the further storage and processing of his personal data even after the end of the relevant competition for the duration of the publication of the competition results by 24Domino.

24Domino reserves the right to cancel or end any competition at any time without notice and without giving reasons. 24Domino makes use of this option in particular if, for technical or legal reasons, proper implementation of the competition cannot be guaranteed. The participants are not entitled to compensation for lost profits in the event of premature termination of the competition.

1. 24Domino reserves the right to change the competition rules, requirements and awards without notice and at any time at its own discretion. Any changes will be published on the 24Domino website. The participants will not be notified individually.
2. The Management of 24Domino / judges' decision is final for the implementation of the competition, the decision on the prize and the payment of the prize.
3. The winners are responsible for paying any tax or duty on the prize.
4. All competition regulations and the entire legal relationship between the participants and 24Domino are exclusively subject to St Vincent and the Grenadines law.
5. Should individually provisions of these competition regulations be or become ineffective, the validity of the remaining participation and implementation provisions remains unaffected.
6. By participating in the competition, the participant declares his binding acceptance of the present competition regulations without reservation.