FXOpen invites you to take part in the next weekly competition between traders - Profitable WeeK 05/14/2012-05/18/2012.
Gold and Silver are available for trading this time. Registration into the contest will be open till May 13. Competition will start on Monday, May 14, and on Friday, May 18, a winner will be determined. The winner receives $200 prize and a trading bonus (depends on his profit) at the same time. To register in this competition, please, visit ForexCup.
ATTENTION! All successful traders able
to increase their initial deposit to 50% and more receive cash bonuses
proportional to the volume of their profits. Bonuses will be credited to
accounts registered at FXOpen. The quantity of bonuses is not limited,
so every participant has a chance to win real money. Don’t miss your
chance! Register in the competition now!
Bonus Terms:
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- Bonus can be withdrawn via any payment system available at FXOpen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* Prizes can be withdrawn at any time, in other words, after receiving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payment system available at FXOpen, but bonuses can be withdrawn once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)
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