FX Market Masters February 2014 – Another Forex-Contest Back Again

FX Market Masters February 2014 – Another Forex-Contest Back Again

ForexCup decided to start the new 2014 year with a new record by offering a variety of Forex competitions. Today we invite traders to join a traditional 4-week contest – FX Market Masters February!

The format of the FX Market Masters contest is very popular among the traders and ForexCup fans. The reason for that is its convenient time interval, impressive prizes and bonuses, low competition, and, surely, PAMM ECN account as the main prize for the winner.

The February contest is characterized by:

• 4 trading weeks – it’s enough to test new strategies, correct casual mistakes, and make decent profits.
• The guaranteed prize fund – US$1,500. Want a part of it? By the way, we offer 6 prizes at a time!
• US$3,000 for bonuses and 10% profit as a bonus gain threshold – it’s not hard at all, isn’t it?
• Relatively low competition due to a token fee for participation. Thus, only the most motivated traders will take part in the contest.
• The main prize is a PAMM ECN or a PAMM STP account at a trader’s choice! It’s a perfect opportunity for being a PAMM Manager!

Who knows, it may be FX Market Masters that will bring you luck! Don’t hesitate – just try it!

REGISTRATION

Important! You are required to have at least US$6 in your e-Wallet to register to take part in the tournament. You can add funds to your account via any payment system. If you have funds available in your FXOpen trading account, you can transfer the needed sum to your e-Wallet.

Key dates:

• January 15th, 2014 – registration starts;
• February 17th, 2014 – registration ends;
• February 3rd, 2014 – competition starts;
• February 28th, 2014 – competition ends;
• March 3rd, 2014 – summing-up.

Prizes:

• 1st place – 67%*;
• 2nd place –15%*;
• 3rd place – 8%*;
• 4th place – 5%*;
• 5th place – 3%*;
• 6th place – 2%*.

*- % of the competition prize fund or of the guaranteed prize unless the contest prize fund is less than US$1,500.

Bonuses:
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 10 % or more.
Declared bonus budget – US$3,000.

Terms of the contest:

• Entry fee: US$8;
• Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP, NZDCHF, NZDCAD, NZDJPY, NZDSGD, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK;
• Trading platform: MetaTrader 4;
• Contest account: competition ECN;
• Start-up deposit: US$5,000;
• Leverage: 1:100;
• EA: allowed;
• Locking: allowed;
• Lot volume: from 0.1 to 1 (maximum 1 lot per order);
• Number of orders, open at a time (including pending orders): maximum 5;
• The liquidation of the contest PAMM ECN/STP account: 3 trading months after its opening with more than 60 trades made in the PAMM ECN account and more than 120 trades – in the PAMM STP.

Dear Traders,
Please, pay your attention to the fact that your trades are automatically closed at the end of the contest. Therefore, the closing price may be either the same as the market closing price, or differ from it – because your trades are usually closed not immediately, but with some delay.


Basic requirements to be eligible for a prize/bonus:

• Minimum number of trades – 20 trades of 20 lots’ total volume;
• Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be withheld);
• A brief interview when the contest is over is an obligatory requirement to be eligible for the main prize (ForexCup team will proved the question list).

Useful links:

• How to participate in competitions;
• Competition Rules;
• FAQ;
• Guide on ForexCup Prizes and Bonuses

Chinese Forex Championship has just opened!

Chinese Forex Championship has just opened!

On the Christmas and New Year Eve ForexCup, together with FXOpen, makes a great gift for traders. We have just opened the registration in Chinese Forex Championship!

We have selected China particularly not on the spot. The thing is that Chinese traders have shown the greatest results in recent ForexCup competition. That’s why we decided to define the Best Chinese Trader – and the format of Championship is really suitable for this.

What can you expect while participating in the Chinese Forex Championship?

• 8 trading weeks and extended registration – join the contest when you decide to;
• Free participation is a nice term of any competition itself;
• $US 4000 for bonuses – increase your virtual start-up capital by at least 20% and take away the part of it to your real trading account;
• Participation in the Championship (as well as bonuses!) is available for traders from all over the world – use your chance to fight with professionals;
• 49 currency pairs, EAs and locking available, all the best features of ForexCup contests – use everything to show what you can achieve!

Note, please, that participation in Chinese Forex Championship is free and available for everyone. But Chinese traders only can lay up claim for main prizes.



REGISTRATION

Key dates:

• December 23 2013 – the registration starts;
• February 2 2014 – the registration ends;
• January 6 2014 – the Championship starts;
• February 28, 2014 – the Championship ends.

Prizes*:
1st place – PAMM ECN account with US$3,000 balance + bonus;
2nd place – PAMM ECN account with US$1,800 balance + bonus;
3rd place – PAMM ECN account with US$1,200 balance + bonus.

Bonuses:
The bonus fund of the competition totals US$4,000.
At the end of the contest all the participants, having increased their start-up deposit by 20% or more, will get 1% of the profit made.

Competition terms:

• Participation: free;
• Trading instruments: 49 currency pairs;
• Trading platform: MetaTrader4;
• Competition account: competition ECN;
• Initial deposit: US$5,000;
• Leverage: 1:100;
• Expert Advisers: allowed;
• Locking: allowed;
• Trading volume: from 0.1 to 1 (maximum 1 lot per order);
• Number of orders, opened at a time (including pending orders): maximum 5;
• Number of orders and their volume to be bonus-eligible: 30 orders totaling 30 lots;
• The competition key dates comply with ForexCup server time (GMT+3).

Useful links:
- How to participate in competitions;
- Competition Rules;
- FAQ;
- Guide on ForexCup Prizes and Bonuses

* - Prizes are not withdrawable and can be used for trading only. Profits can be withdrawn any time via any suitable payment system available at FXOpen.