FXOpen Forex Broker is still looking for talented traders and invites you to take part in the qualifying round, which starts on November 5. However, the application form must be submitted no later than November 4! Register for the competition online on www.ForexCup.com! The best trader will be awarded with trading account with a balance of $ 1050!

The tournament «FX Market Masters» is a unique opportunity not only to test your strength and your trading strategy on demo account without risking your own money, but in case of successful trade get PAMM ECN account with a balance of $ 1050 in your lucky hands. Forex demo competition from FXOpen broker allows any participant to win money! If you are not the winner of the main prize, you may still get some real money: working with virtual balance, you get a bonus for profitable trading on your real trading account! The only requirement is to comply with terms and conditions of the competition!

Seven traders have already received accounts with real money this year, and now they are actively trading and boost their income. Do not miss your chance - apply now and prove your skills of trading on Forex!



Participants’ task
On the 1st day of the contest each participant will get $5000. While trading at Forex, you have to increase your start-up deposit. The winner will be the trader with the biggest capital at the end of the contest.

Key dates:
November, 4 – deadline for applying for participation;
November, 5 – the contest will start;
November, 30 – the contest will end;
December, 3 – summarizing and calculating prizes and bonuses

There are 3 prizes:
1st place - $1050 + bonus;
2nd place - $300 + bonus;
3rd place - $150 + bonus;
All participants with profit of more than 80% will get cash bonuses.

Terms of the contest:
• Participation is free;
• Start-up deposit of $5000 and a leverage 1:100 are provided;
• Currency pairs: gold and silver;
• Lots: from 0.1 to 1 (one order can be opened with 1 lot maximum);
• Maximum number of orders (including pending ones):5;
• Advisors are prohibited;
• Lock is prohibited.

Restrictions:
In order to get prizes, a participant should make no less than 20 trades with total volume of at least 20 lots. Also, all participants should leave at least one message in the forum. Otherwise, prizes and bonuses can be annulled.

Important Notice:
Prize ≠ Bonus (prize and bonus are two different concepts)

Withdrawal of bonuses
Bonuses can be withdrawn once you complete the requirements: no earlier than in 30 days. Also you can made at least 20 trades of 10 minutes each one;

Withdrawal of prizes
1. The main prize is available for opening a PAMM ECN account only. If you want to withdraw it, you will be able to do it in 3 months and after 60 trades. All profit you can withdraw whan you want to
2. Prizes for secons, third and following places 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

Registration
is available only for authorized users of ForexCup.com

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 $ 250;

- 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 $ 4 000. 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 $ 4 500, the total sum of bonuses will be reduced by $ 500 ($ 4500 - $ 4000 = $ 500).

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 $ 4 000 for this particular competition

Actual Budget = the sum of all bonuses payable to all traders at the end of the competition

Good Luck!

Should you have any questions, feel free to contact us by e-mail (support@fxopen.com) or use FXOpen Live Chat to get immediate assistance.


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