Authorized and Regulated Entities: SARACEN MARKETS (PTY) LTD

Terms & Conditions – Contest Zero Spread Trading

  1.  The “Zero Spread Trading Contest” (the “Contest”) is organized by Saracen Inc (hereinafter referred to as the “Company”).
  2. To participate in the Contest, you must agree to the following terms and conditions (the “Rules”).These Rules constitute a legally binding agreement governing your participation in the Contest. By registering for and/or participating in the Contest, you acknowledge that you have read, understood, and agreed to be bound by these Rules. You may not participate in the Contest unless you accept these Rules.
  3. Participants must be at least 18 years of age. The Company reserves the right to refuse entry to any individual at its sole discretion.
  4. This promotion is open to all eligible participants worldwide, excluding residents, citizens, or persons located in the United States of America (USA), Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu, and any European Economic Area (EEA) country. The Company reserves the right to refuse participation from any individual who does not satisfy the eligibility requirements.
  5.  To be eligible, participants must maintain a fully verified account.
  6. The Company reserves the right to cancel, suspend, or modify the Contest at any time without prior notice and may refuse participation or disqualify any entrant at its sole discretion where it deems such action necessary or appropriate.
  7. Employees of Saracen Inc, its affiliates and subsidiaries (collectively “Saracen Markets”), as well as their immediate family members and persons residing in the same household, are not eligible to participate.
  8. The Contest runs from 1 July 2026 to 30 July 2026. Only deposits made within the Contest period participate. will be considered eligible.
  9. Participation in this Contest is limited to clients who open a new VIP (ECN) trading account and make a minimum deposit of USD 100 during the Contest Period. Existing VIP (ECN) trading accounts shall not be eligible 
  10. One (1) Golden Ticket shall be awarded for every 0.10 standard lot of eligible trading volume traded during the Contest Period. Participants may accumulate multiple Golden Tickets based on their total eligible trading volume, with a higher number of Golden Tickets increasing their chances of winning.
  11. The use of Expert Advisors (EAs) is permitted. However, exploitative, abusive, manipulative, or unfair trading strategies, whether executed manually or through an EA, are strictly prohibited and may result in disqualification from the Contest at the Company’s sole discretion.
  12.  Prize Structure
    1 × Grand Prize: USD 1,000
    5 × Consolation Prizes: USD 100 each
    All prizes will be credited to the Winners’ USD Wallets. Winners may elect to use the prize funds for trading on eligible live trading accounts or withdraw the funds at their sole discretion.
  13. By accepting a prize, Winners consent to Saracen Markets publishing their names on the Company’s website, news releases, social media channels, and other marketing or promotional materials related to the Contest. 
  14. The Company reserves the right to disqualify any participant, amend these Terms & Conditions, or make the final decision in the event of any dispute.
  15. Prizes are awarded on an “as-is” basis. Winners who cannot be contacted within one (1) week from the announcement date will forfeit their prize entitlement.
  16.  The Company reserves the right to modify, suspend, or terminate the Contest or any part of these Terms & Conditions at any time without prior notice.
  17. By participating in the Contest, all participants confirm that they have read, understood, and agreed to be bound by these Terms & Conditions.