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Regulations of World Forex Award

Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex
Forex Award | World Forex Award | Forex

Business Excellence Award, Rules & Regulations for Forex Award

Requirements

  • All businesses nominated at World Forex Award must be regulated under the institution recognized by WFA

       The list of FX Broker regulatory bodies recognized by World Forex Award NPO

  • Businesses may be nominated for and accept the nominations for multiple forex awards, however may only win one per award year

  • Nominations may not be made by owners, employees or family of the business at World Forex Award 

  • Nominations at World Forex Award  open on every quarter and the end of the year 

  • Winners from the previous year cav win in the same forex award category the following year

  • All businesses must meet the award criteria, rules and regulations & are subject to review by the BBT. All decisions are final

  • Acceptances may be shared with our affiliates for ongoing, next level, regional awards

  • Businesses must accept their nominations within the prescribed timelines in order to compete or be considered for an award

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Business Excellence Award, Rules & Regulations for Forex Award

Forex Award Descriptions

The World Forex Award  reserves the right to adjust the quantity of awards granted for any particular category. The number of awards granted will reflect the number of nominations accepted for the category. All achievements described below must have occurred within the Award Year (September 1st, 2018 to September 1st, 2019).

Agricultural Award

  • A Company that has made a substantial contribution to the field of agricultural development

  • Innovation and creativity in business (production and/or processing, and/or sales and marketing)

  • Proven business sustainability and/or growth

  • Outstanding accomplishments in agriculture, aquaculture, and/or value-added food processing

  • Shows active involvement in the farming community

  • Dedication to environmental agricultural practices

Business Excellence Forex  Award

  • Multiple forex awards available as they relate to the number of acceptances in this category

  • Candidates of forex award will be judged on all of the following criteria:

    • Dedication to customer service

    • Quality of product or service

    • Innovation and creativity in business

    • Consistent pre-sales and after sales customer service

    • Proven business growth

    • Outstanding business accomplishments

    • Active involvement in the community and/or business associations

    • Expertise in their industry

    • Demonstrated new innovation

 

Community Forex Award

  • A business with a strong record of exceptional generosity through direct financial support or through significant volunteer time

  • Has demonstrated an outstanding commitment to philanthropy

  • Has encouraged and motivated others in the business community to take leadership roles in philanthropy and community involvement

  • Active interest in the civic, cultural, social and moral welfare of the community 

  • Defined goal, plan and execution

 

Home Based Business Of The Year Forex Award

  • Individually owned and operated business out of their home in WFAor as a member in good standing with the WFA

  • Active involvement in the community and/or business associations

  • Business is profitable, has a comprehensive business plan

  • Shown innovation and creativity in business

  • Potential for sustainability of future business growth

  • Overcoming challenges

  • Dedication to customer service

 

New Business Forex Award

  • Operating between 0-3 years

  • Showed growth and success

  • Nominees for this award should be exceptional leaders whose businesses and business practices affect our community

  • Shown innovation and creativity in business

  • Potential for sustainability of future business growth

  • Overcoming challenges

  • Active involvement in the community and/or business associations

  • Has not previously won this award

 

Entrepreneur Of The Year Forex Award

  • Individually owned and operated

  • Successful in expanding their business

  • True trendsetter in recognizing a new market, product, service, technological advancement or opportunity and led the way

  • Business is profitable, has a comprehensive business plan and is ready for next-stage growth

  • Shows true innovation and a willingness to take risks

 

People’s Choice Forex Award

  • Vote online for your favourite business (criteria for voting TBA)

  • Pick a company that demonstrates one or all of the below criteria:

    • Principles and practices of excellence in customer service

    • Going above and beyond expected service; friendly & helpful

    • Value for money

    • Product knowledge

    • After-sales service

 

Youth Entrepreneur Of The Year Forex Award

  • An individual 21 years of age or younger by the nomination submission deadline of Sept. 4th 2019

  • An entrepreneur in business for at least 1 year

  • Has demonstrated significant business achievement

  • Has defined goals and a business plan

  • Has overcome challenges and demonstrated good corporate citizenship

  • Shows true innovation and a willingness to take risks

Nominations close: Wednesday, September 4th 2019 at 12 noon sharp.

 

Acceptance

All businesses are provided the opportunity to accept their vetted nominations. Acceptances will be emailed to business owners, as they were supplied to the Bradford Board of Trade via the nomination forms. Businesses must accept their nomination(s) via email in order to vie for / be considered for an award(s). The World Forex Award holds no responsibility for incorrect emails submitted via the nomination form.

Acceptances will be sent out September 5th and will close September 27th, 5pm sharp. We highly suggest that businesses ensure that their email accounts are monitored during this time. Businesses may be nominated under multiple award categories and may accept any that they wish to be considered for. Businesses may only win one award per year.

The WFA cannot change or edit nominations once they have been submitted. If a business is nominated for a category to which they do not apply, the nomination is rejected. Once nominations close on Wednesday, September 4th, 2019 at 12 noon sharp, all nominations are submitted to vetting as-is. There will be no exceptions for late acceptances.

 

Judging

Judges are a panel of influential individuals from across WFA. Judges names will not be disclosed to ensure none are approached in an effort to influence their choices. Judging is confidential and online. Judges are not aware of category assignments of others on the judging panel.

In the event of a tie, it will be discussed during the private judge’s luncheon. Should a business win under multiple categories, the BBT Award Administration will present the recommendation to the judging panel for approval. The judges decision is final.

 

People’s Choice Forex Award

The People’s Choice Award is unique as it is by vote. Votes are open to members of the public. The method of this vote is via our online form.

In the event of suspicious voting, those votes will be cancelled by the WFA and will not be accepted in the final tally. The WFA’s decision is final.

The vote will open on September 28th and close on October 7th at 5pm sharp.

Forex Award Gala

Our Annual Awards Gala will be held on Friday, November 1st, 2019 at which time all awards will be presented at the Cardinal Golf Club.

Timelines

April 27th, 2019 Nominations Open

August 2nd, 2019 Sponsorship Opportunities Close

September 4th, 2019 Nominations Close, 12 noon

September 6th, 2019 Open Acceptances

September 16th, 2019, Early Bird Ticket Pricing Ends, 5pm

September 27th, 2019 Close Acceptances, 5pm

September 28th, 2019 Begin BEA Judging, Open People’s Choice Award Vote

October 7th, 2019 BEA Judging Closes, Close People’s Choice Award Poll, 5pm

October 25th, 2019, Regular Gala Ticket Sales Close, 5pm

November 1st, 2019 BEA Glitz & Glam Gala, all winners are presented

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