Friday 30 May 2014

FX Insight. Test your luck! Hit the mark! (GBP/CAD on 07.06.2014).

FX Insight. Test your luck! Hit the mark! (GBP/CAD on 07.06.2014).

FXOpen regularly holds a competition where the winner can get $30.

Currency pair: GBP/CAD
Date for determination of the course: closed at 22:59 06.06.2014 (terminal time)
Acceptance of rates will be ended: June,3
Date of announcement the winner’s name: June, 9

Prize: $30.


How to participate?

You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition

Determination of the winner

A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price.

Rules of the competition “Guess the exchange rate”

1. You have to add your forum’s nickname to your bet (for example, nickname – your bet);
2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 1.5000, all other participants should choose variants not closer than 1.4995 or 1.5005;
3. You can’t repeat someone else’s rate;
4. Each participant are able to make only one bet;
5. You are not able to change or delete your prediction;
6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates
All the bets, which do not comply with previous paragraphs, will be deleted.

The terms of withdrawal of the prize

1. If you want to withdraw your prize, you have to make at least 5 deals of any lot;
2. Each trade should be with profit or loss (+-) 4 points;
3. Each deal should be opened for at least 10 minutes.

Thursday 1 May 2014

Asian Forex Championship 2014 — Guess the Winner’s Homeland!

Asian Forex Championship 2014 — Guess the Winner’s Homeland!
Last year ForexCup started a nice tradition to hold regional Forex Championships. Hundreds of participants have already fought for the titles of the Best Russian, Chinese and Asian traders.


So, it’s high time to launch Asian Forex Championship 2014!




The world-class competition will start on May 5, 2014 and will continue until the end of June.

You are offered the following benefits:
8 trading weeks — it’s long enough to develop a trading strategy and make the biggest profit;
3 main prizes for Asians only* — US$3,000, US$1,800 and US$1,200 for the first, second and third places respectively. So, there are at least three reasons to join!
The bonus fund of US$6,000 available for everyone. Increase your start-up capital by 20% or more and a cash bonus is yours;
An excellent opportunity to develop your trading skills, test or create a new strategy, learn from other participants’ experience and enjoy the atmosphere of the Forex battle;
•By the way, participation is FREE.

Register at the competition page and get ready for the Asian Fight!

Key dates:
May 5, 2014 – the Championship starts;
June 1, 2014 – the registration ends;
June 27, 2014 – the Championship ends;
July 1, 2014 – summing-up.

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

How to receive and withdraw prizes?

1.Prizes are available for Asians only and are not withdrawable;
2.The obligatory conditions to be eligible for a prize — at least one post in the corresponding thread of the FXOpen forum, an interview after the Championship (questions are provided by ForexCup team) and at least 30 trades and minimal trading volume of 30 lots during the contest;
3.Any profit from trading in the prize account can be withdrawn without any restrictions.


Bonuses:
•The bonus fund of the competition totals $6 000.
•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.

How to receive and withdraw bonuses?
1.Bonuses are available to all the participants, increased their start-up capital by 20% or more;
2.The terms of bonus withdrawal —you should make at least 20 trades of 10 minutes each within 30 days;
3.The obligatory conditions to be eligible for a bonus — at least one post in the corresponding thread of the FXOpen forum and at least 30 trades and minimal trading volume of 30 lots during the contest;
4.Hedging is a forbidden technique to work off a bonus.


Competition terms:
Participation: free
•Trading instruments:
51 currency pairs
•Trading platform: MetaTrader4
Competition account: Demo ECN
Initial deposit: $5000
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.



*Dear traders, please, pay attention that the Championship and its bonus fund are available for participants from all over the world. Participation in the contest is free for everyone. But take into consideration that main prizes together with remunerations and titles are available for residents of 54 Asian countries only (including Russia).

Should you have any questions please, contact us by email info@forexcup.com


UPD
The list of available Landing Pages:
1. English
2. Russian
3. Chinese
4. Indonesian