A tournament where the purse and rank payouts are known prior to entry
A tournament where each entry fee grows the total purse. Rank payouts are a percentage of the purse.
PHT may prohibit progressive tournament user entry to comply with USA state and foreign domicile legal requirements. Allowed entry locations are subject to change as deemed appropriate.
PHT credits are the local currency of the platform. Credits are earned based on your VIP level, platform rewards, rankings and total winnings. Credits can be used to pay entry fees into GPP tournaments only. Credits cannot be redeemed for USD or withdrawn from the platform.
Tournament rules include the security to be traded, timeframe of the tournament and the max dollar amount allowed to enter a trade. There are no limits on the number of trades that can be placed during the tournament. Both winning and losing trades complying with tournament rules will count towards your total profit. Winners are determined by total profit only. The number of trades has no bearing on your tournament rank.
You can join and withdraw from a tournament any time prior to the stated enrollment deadline. When you successfully withdraw from a tournament, you will receive a full refund credited to your wallet. Traders may not withdraw after the enrollment deadline. All entry fees are final and non-refundable.
KYC is not needed to compete in a tournament but is required for trade verification and must be completed for prize eligibility.
Trade verification authenticates your stated profits during a live tournament with trades from your brokerage statement. PHT’s proprietary AI automation with fraud detection ensures that trade confirmations are real and have not been fabricated or altered to protect the integrity of the platform.
A daily trade statement from your broker showing your name that matches your KYC ID provided. PHT is serious about data security and encrypts all user personal information for KYC purposes. Please black-out your account number when sending us your trade confirmation. For corporate or trust entities, proof of ownership or trading authorization is required in your KYC.
4 hours after the end time of the tournament. This deadline is subject to change.
The "verified" leaderboard including rank and prizes is posted the following business day after the end of a tournament for all verified entrants.