Trading Tournament Rules and Enforcement

1. Eligibility

Participants must be clients who have completed identity verification (KYC) with Bayocean and are at least 18 years old.

Each natural person may participate under one identity only. Multiple accounts sharing the same ID number, mobile number, payout address or device are treated as the same person.

The entry fee must be deducted from a live account in the participant’s own name and may not be paid from another person’s account.

The organiser reserves the right to refuse any registration and to restrict participation from certain countries/regions.

2. Tournament accounts

For each tournament, every participant is given a dedicated demo tournament account (virtual funds); the login and password can be viewed on the “Trading Tournaments” page in the client portal.

Tournament accounts are for the participant’s own use only and may not be lent, rented out or operated by others.

EAs / automated trading programs are disabled on tournament accounts by default, and orders may not be placed through any external program, script or API.

After the tournament ends, prizes have been paid and the retention period has expired, tournament accounts are reset and deleted from the trading server; results and leaderboard records are kept permanently.

3. Trading rules

Permitted trading: manual trading through the client terminals (desktop, mobile, web).

The following are prohibited:

• Using EAs, scripts, copy trading or any automated order tools;
• High-frequency trading and latency arbitrage: repeatedly opening and closing positions with extremely short holding times (within seconds), or profiting from quote delays or abnormal prices;
• Wash trading: placing opposite orders on the same instrument at around the same time across two or more accounts (including other people’s accounts);
• Coordinated same-direction trading: one person controlling multiple accounts running the same strategy;
• Locked hedging within a single account (holding both long and short positions on the same instrument at the same time);
• News-window order spamming: concentrating orders around major data releases to chase abnormal volatility (determined by the organiser based on published high-impact events);
• All-in gambling: a single trade or concurrent positions using margin above 80% of equity;
• Placing orders above the maximum lot size per trade set for the tournament.

The starting balance, bust line, minimum trading volume, permitted instruments, tournament schedule and Re-entry rules announced separately for each tournament have the same force as these rules.

4. Monitoring and determination

The organiser’s systems automatically monitor and record evidence of: login IPs and devices, data-centre/proxy IPs, logins from unusual locations, order sources, holding times, order frequency, profit distribution, margin usage, equity changes, and links between accounts (ID numbers, mobile numbers, payout addresses, sources of entry fees, destinations of prizes), among others.

A system flag is not a determination. Every flag is manually reviewed by the organiser before a decision is made.

The organiser may require participants to provide explanations or supporting evidence; refusal to cooperate is treated as a confirmed violation.

5. Handling of violations

Once a violation is confirmed, the organiser may take one or more of the following measures depending on its severity:

• A warning and a requirement to rectify;
• Disqualification from that tournament, with results excluded from the rankings;
• Forfeiture of prize eligibility; prizes already paid will be recovered (deducted from the participant’s Bayocean account);
• A ban from future tournaments.

Where multiple linked accounts are involved, the linked accounts are dealt with together.

Decisions are delivered via client portal notification. Participants may appeal within 7 days, and the organiser will respond within 7 business days; prizes are withheld during the appeal.

6. Prizes

Prizes are distributed according to the in-the-money percentages announced for the tournament and paid to a live trading account in the participant’s own name.

Prizes must pass a risk review before payment; where unresolved risk flags exist, payment is withheld until the review is complete.

Prizes are non-transferable; where prizes for multiple participants point to the same account or identity, this is treated as linked accounts and handled under Section 5.

7. Other

Tournaments use virtual funds; results do not represent real trading results and do not constitute investment advice.

If force majeure such as server failures or market-data interruptions affects a tournament, the organiser may suspend, postpone, settle early or cancel it; if a tournament is cancelled, entry fees are refunded in full.

The organiser has final authority to interpret these rules; when the rules are updated, the latest version published in the client portal prevails.