FX Market Masters October 2012

A monthly contest “FX Market Masters” is a unique ability not only to prove your skills and a strategy on a demo-account without any risk, but also in case of successful trading get into management a PAMM ECN account with a balance $1200.

While trading with virtual money, you get real prizes – a demo-contest from FXOpen lets each one participant win a prize! The main thing here is to fulfill all terms of the contest.

An international broker FXOpen invites everybody to participate in a regular forex contest “FX Market Masters October 2012” which will be held since October, 8 to November, 2. Prize fund of the contest amounts to $5500. The most successful participants will divide it among theirselves. Registration for participation is held at www.forexcup.com and will continue until October, 8. Don’t miss your chance and apply for participation, all the more participation is free.

During the current year 6 traders have already received into management PAMM ECN accounts and now all of them are trading with real money! Many newbies have been collecting money for the first deposit during long time. But while participating in ForexCup contests you can earn real money really fast – and then start trading at 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:
October, 8 – deadline for applying for participation;
October, 10 – the contest will start;
November, 2 – the contest will end;
November, 5 – summarizing and calculating prizes and bonuses

There are 4 prizes:
1st place - $1200 + bonus;
2nd place - $150 + bonus;
3rd place - $75 + bonus;
4th place - $75 + bonus.
All participants with profit of more than 60% 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:28;
• 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