The last few weeks at ForexCup have been dedicated to a new format of paid weekly contests – Scalping Virtuoso. This, however, does not imply that we have decided to abandon our traditional competitions. We just cannot deprive our traders of their favorite contests! So, today, December 4th, we launch the registration for the free weekly competition “Profitable WeeK 12/11/2013-12/18/2013.”
We’ve made some changes to the competition making it more diverse:
- The competition will partially cover two weeks instead of familiar 5 trading days within a single week. Thus, you will have a chance to rest at the weekend, correct your strategy to achieve even greater success in the end.
- There will be 7 currency pairs and a cross-pair – EURGBP – available for trading. Your choice of trading tools and their efficiency may be pretty interesting.
- US$200 for the 1st place is a great prize for such sort of competitions. The total number of prizes amounts to 6 and you have all chances to win one of them.
FXOpen provides additional bonus fund of US$1,100. Increase your start-up deposit by 80% and get a healthy part of it!
The contest terms are transparent, the restrictions are clear, the prizes and bonuses are impressive. Isn’t all this a reason for joining the free weekly competition and become the winner?
- December 4, 2013 – registration starts;
- December 11, 2013 – registration ends;
- December 11, 2013 – competition starts;
- December 18, 2013 – competition ends;
- December 18, 2013 – summing-up.
- 1st place – US$200 + bonus;
- 2nd place – US$100 + bonus;
- 3rd place – US$60 + bonus;
- 4th place – US$20 + bonus;
- 5th place – US$12 + bonus;
- 6th place – US$8 + bonus.
1% of the profit made during the competition will be added to the account of the traders, able to increase the provided start-up deposit by 80 % or more.
Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250.
Terms of the contest:
- Free participation;
- Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP;
- Trading platform: MetaTrader 4 (download);
- Contest account: competition ECN;
- Start-up deposit: US$5,000;
- Leverage: 1:100;
- EAs: allowed;
- Locking: allowed;
- Lot volume: from 0.1 to 1 (maximum 1 lot per order);
- Number of orders, opened at a time (including pending orders): maximum 3.
Note, please, that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly.
Basic requirements to be eligible for a prize/bonus:
- Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished).
- Make at least 5 trades of 5 lots’ total volume during the contest.
- Give an interview after the contest results are announced (the list of questions is provided by the ForexCup team). This is an obligatory requirement to receive the main prize.