Trading Competition Terms and Conditions

1. Registration:

1. Participants must register for the competition within the specified registration period.
2. There is no registration fee for the members of MUACYA, MUCSA, MUTSA, Monash HKSA & ACYA participating in the competition.

2. Competition Period:

1. The competition will commence on 11 August 2025 and conclude on 29 August 2025.
2. Participants must adhere to the specified trading hours during the competition period.

3. Trading Platform:

1. The competition will be conducted using the SiegPath trading platform.
2. Participants are responsible for ensuring access to a stable internet connection and compatible devices for trading.

4. Initial Capital:

1. Each participant will receive a virtual trading account with an initial capital of 50,000 AUD.
2. The initial capital cannot be increased or supplemented during the competition period.

5. Instrument Restrictions:

1. Participants may trade a variety of financial instruments available on the SiegPath Trading platform, including but not limited to US equities, forex pairs, commodities, and indices.
2. Margin requirements and leverage limits must be adhered to according to the competition rules and regulations.
3. All positions must be closed before market close each Friday. Any positions left open will be automatically closed at the closing price at 7:50 AM AEST on Saturday.

1. Participants can monitor their performance, account balance, and open positions in real-time using the SiegPath trading platform.using the SiegPath trading platform.
2. KCM Trade Plus will monitor participants' trading activities to ensure compliance with thecompetition rules.

6. Risk Management:

1. Participants are encouraged to employ prudent risk management strategies, including the use of stop-loss orders and proper position sizing.
2. Excessive risk-taking, such as engaging in high-frequency trading or leveraging beyond reasonable limits, is discouraged.

7. Ranking and Prizes:

1. Participants will be ranked based on their Equity calculated at the end of the competition period.
2. The top 5 participants will be rewarded with prizes as the table below.
   
3. 1 Special Prizes
4. Prizes listed are subject to availability. In the event a listed prize is unavailable, it may be substituted with an alternative gift card at the sole discretion of KCM Trade Plus. Participants may also choose to receive a gift card of equivalent value in place of the listed prize. No cash alternatives will be offered.
5. To be eligible to receive a prize, winners must attend the official award presentation ceremony in person.

8. Reporting and Monitoring:

1. Participants can monitor their performance, account balance, and open positions in real-time using the SiegPath trading platform.
2. KCM Trade Plus will monitor participants' trading activities to ensure compliance with the competition rules.

9. Dispute Resolution:

1. Any disputes or discrepancies arising during the competition will be resolved by KCM Trade Plus, whose decision will be final and binding.
2. Participants agree to abide by the KCM Trade Plus's decisions regarding disputes and rule violations.

10. Code of Conduct:

1. Participants must adhere to ethical trading practices and refrain from engaging in any form of market manipulation or abusive trading strategies.
2. Violations of the code of conduct may result in disqualification from the competition and forfeiture of prizes.

11. Legal Disclaimers:

1. The competition serves purely educational purposes. KCM Trade Plus has not suggested, recommended or encouraged students to engage in any actual trading activities without a comprehensive understanding of the products and associated risks.
2. SiegPath is a non-Australian entity providing the trading platform solely for educational use during the event. KCM Trade Plus takes no responsibility for any subsequent engagement or services obtained from SiegPath beyond this event.

12. Terms and Conditions:

1. By registering for the competition, participants agree to abide by all the rules and regulations outlined herein.
2. KCM Trade Plus reserves the right to amend the rules or cancel the competition at its discretion.

13. Feedback and Evaluation:

1. Participants are encouraged to provide feedback on their trading experience and suggestions for improving future competitions.
2. b. KCM Trade Plus will review participant feedback to enhance the quality and fairness of future competitions.

14. Agreement:

1. By registering for the KCM Trading Competition, participants acknowledge that they have read, understood, and agreed to abide by all the rules and regulations outlined in this document.