We would like to invite you to take part in the next traditional ForexCup weekly competition «Profitable WeeK 05/21/2012-05/25/2012».
The contest starts on May 21 and ends on May 25. Participation is totally free! Top 4 traders receive cash prizes. We are ready to award the winner with 200 USD. In addition to 4 main prizes, we are happy to give bonuses based on profit earned to all traders able to increase their capital by 50% and more. Bonuses will be sent to accounts registered in FXOpen.
We accept your applications untill May 20, 2012. Register now and boost your profit!
The bonus payable to a trader’s real trading account is equal to one percent (1%) of the profit gained.
For example, if a trader earns $ 5000, a $ 50 bonus will be deposited to his account.
However, there are some limitations:
- The amount of bonus for one trader cannot exceed $ 100;
- Bonus can be withdrawn via any payment system available at FXOpen after making 20 trades (minimum of 10 minutes per trade). You can withdraw the bonus after 30 calendar days since the date it was paid to you. Before withdrawing the bonus you must make at leat 1 forum post in the ForexCup Competition thread in our Forum.
The total amount of all bonuses in the competition cannot exceed $ 1 100. If the budget is exceeded we will reduce the bonuses based on the difference between the actual sum of all bonuses and our budget.
For example, if at the end of the competition the sum of all bonuses payable to all traders is $ 1 500, the total sum of bonuses will be reduced by $ 400 ($ 1500 - $ 1100 = $ 400).
The formula for bonus calculation:
Bonus = (1% of profit) * Planned Budget / Actual Budget, where
Profit - the actual profit earned by particular trader
Planned Budget = it is $ 1 100 for this particular competition
Actual Budget = the sum of all bonuses payable to all traders at the end of the competition
* Prizes can be withdrawn at any time, in other words, after receiving prize money to your trading account, you can withdraw it through any payment system available at FXOpen, but bonuses can be withdrawn once you complete the requirements described above.
Prize ≠ Bonus (prize and bonus are two different concepts)
We would like to let you know that we have a new point in ForexCup terms and conditions policy. You have to make at least one post at our forum before withdrawing your prize or bonus. This should be a comment on the competition where you took part. Please, post which place you took, how much money you received as a prize and leave a general comment about the contest (describe your thoughts and emotions, tell if it was easy to get the prize, share your plans on the prize, let us know what you think about ForexCup, whether you are planning to take part in new competitions or not).