The main advantage of this contest is that competition here is much less in comparison with free contests. That means that you have more chances to win!
5 top traders will share the prize money according to places occupied. The prize fund is being formed from entry fees plus $100 FXOpen sponsorship. Traders, who earn more than 15% profit, will get additional bonuses. Total bonuses sum is $600. The more profit you gain, the more you get as a bonus.
Thus, a successful trader can not only return his entry fee, but also earn money and gain valuable experience of trading on Forex.
(you must be logged in with your registered e-mail and MyFXOpen password)
Contest rules are simple. Each participant gets a competition demo account with $5000. All you need to do it trade and make as much profit as you can! The trader who makes the largest profit will become the winner.
To give all traders equal conditions, the following competiton rules are applied:
Participation is paid (5$)
Initial deposit – $ 5000, leverage 1:100
Minimum transaction size – 0.1 lot, maximum transaction size – 5 lot
Maximum limit on open trades – 100 open trades at the same time (including pending orders)
Minimum 50 participants
Expert advisors are not included
The top 5 traders will be awarded real money prizes
1st place - $50 +50%
2nd place - $25 + 25%
3rd place - $12 + 12%
4th place - $8 + 8%
5th place - $5 + 5%
Registration is open until June 24, 2012
Contest will be help 25 June - 6 July 2012
For more information, see the contest announcement on www.forexcup.com
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