Prizes

How to win the main £2,000 Champion Investor prize

So you want to be the Champion Investor and claim the £2,000 first prize. It really is very simple; you just have to beat off all other competitors involved over the life span of the game!

At the end of the game on April 30th 2007, the player with the highest overall value portfolio will win the grand prize and be crowned 'Champion Investor '. Naturally we will make sure that the winner's entry is fully compliant with our rules, and if verified, £2,000 could be your prize, if you were to be crowned the Champion Investor.

You can enter at anytime during the life span of the game, remember others might already be well ahead by the time you join up, but don't despair because as in the real market, profits can fast disappear and you could soon find yourself on the leader board! All the portfolios in the main game are ranked in order of their total value.

How to win the £1,000 monthly prizes

There will be a £1,000 prize for each of the three full calendar months of the game. The game starts on February 1st 2007 and will finish on April 30th 2007. Monthly prizes will be awarded to the players whose portfolios have gained most in value in percentage terms not in value during that calendar month (see full terms and conditions for details). So a player who is well down the overall rankings, or who has entered the game late, still has an excellent chance of being a monthly winner and collecting the £1,000 prize. The monthly prizes will be be awarded on performace as follows:

Month 1 Prize - Greatest percentage increase in value between February 1st 2007 and February 28th 2007.

Month 2 Prize - Greatest percentage increase in value between March 1st 2007 and March 31st 2007.

Month 3 Prize - Greatest percentage increase in value between April 1st 2007 and April 30th 2007.

Hint: Timing your entry is the key here, as a late portfolio entry could well top the monthly rankings if the stock market has had a bad start to the month, or on a good month could mean that you automatically start well down the list.

Prize Rules

1. The overall game winner and Champion Investor will be the player with the highest value portfolio at the end of the game.
2. Prizes will be awarded each calendar month to the player whose portfolio has risen by the highest percentage that month.
3. Rankings will be updated daily from midnight onwards. Overall Game Ranking is based on the overall portfolio value at the time of evaluation. Monthly Game Ranking is based on the percentage change in overall portfolio value in that calendar month.

4. In the event of a tie, MoneyAM and Shares Magazine will judge the 'Champion Investor' to be the player with the best percentage performance in the last calendar month before game expiry. For the monthly prize, if there is a tie, the winner will be the person who performed the best in the previous month. The judge's decision will be final and no correspondence will be entered into.
5. Winners will be notified by email.
6. All participants agree that MoneyAM and Shares Magazine may use photographs of the winners and publish the name of the winners for publicity purposes only. The winners will be deemed to consent to the use of their names and likeness for publicity and commercial purposes without further compensation.
7. There is no cash alternative available.
8. £1000 worth of demo winnings are allocated to a demo account for spreadbetting for 3 months. You can not lose anything at all. At the end of 3 months your winnings can be turned into cash, or they can be credited to a real WS account. You can then draw this out at any time after the 3 months as long as you have fulfilled the next rule. Max cash winnings are £1000 capped as cash or £2000 if you are the overall winner of the competition.
9. There must be a minimum of 10 bets in a month, at a minimum of £5/point on their demo account to be eligible for any winnings. Trades must be held for a minimum of 20 minutes, and not just in/out trades.
10. If the winner attempts to open an account at WorldSpreads and is not eligible or is declined, the winner will receive no prize.
11. In winning any of the Champion Investor prizes there is no obligation to accept the prize.
12. In accepting the prize, the winner is under no obligation to make any trades but will forfeit the right to receive the prize if sufficient trades are not made as per (9).
13. The prize cannot be withdrawn as cash before three months, and only if rule 11 has been met.
14. In opening an account with WorldSpreads the winner will agree to be bound by the separate Terms and Conditions of business of WorldSpreads.
15. If the winner opens an account at WorldSpreads and then subsequently closes it before 3 months have elapsed, the winner will not be entitled to claim the prize as cash regardless of the number or size of trades made.
16. The winner must claim the prize within four weeks.
17. In order to claim the prize you will be required to apply for a trading account at WorldSpreads.
18. You may be required to provide documentary evidence before an account is opened and will be contacted by WorldSpreads customer service if this is the case.
19. In certain circumstances the prize winners application to open a WorldSpreads account may be declined and WorldSpreads will be under no obligation to provide a reason for this.
20. Risk Warning: Remember that spread trading is a leveraged product and can result in losses that exceed your initial deposit. It may not be suitable for everyone, so please make sure you understand the risks involved.