Thursday 30 October 2014

Tackle a Challenge with FX Market Masters November

Tackle a Challenge with FX Market Masters November

What is your ForexCup goal? Whether you want to learn Forex trading, or improve as a professional trader, or simply win one of the prizes and ultimate respect from fellow traders – you can do it in the course of our longest contest “FX Market Masters”.

With FX Market Masters November you can:

Hunt for prizes! PAMM account is undoubtedly the biggest lure of the competition. Don’t forget that there are 5 prize-takers and an opportunity to get bonuses for successful trading for everyone. Anyone capable of increasing the provided start-up deposit by 10% or more receives 1% of the profit made.

Improve your trading skills! ForexCup started as a training platform for traders in the making. Since then many contestants have passed to the professional league, and ForexCup has turned into a real traders' community with its own unique atmosphere. The essence however, remained the same: competing in a major FX contest will do only good for Forex newbies and professional traders alike. You can improve your overall Forex performance and adjust your own trading strategy!


Tell everyone about the FX Market Masters November! The more people participate in the contest, the larger the prize fund is!

Important! You are required to have at least US$9 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. Go to your account.


FX Market Masters November Terms:

Prizes:
• 1st place – 68%*;
• 2nd place – 15%*;
• 3rd place – 10%*;
• 4th place – 5%*;
• 5th 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.

Key dates:
October 27, 2014 – registration starts;
November 24, 2014 – registration ends;
November 10, 2014 – competition starts;
December 5, 2014 – competition ends;
December 8, 2014 – summing-up.

Terms of the contest:
• Entry fee: US$9;
• Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP, GBPCHF, GBPJPY, GBPNZD, GBPCAD, GBPAUD, GBPSGD, EURCHF, EURAUD, EURJPY, EURCAD, EURNZD, EURSEK, EURDKK, EURTRY, EURNOK, EURPLN, EURHKD, AUDCAD, AUDJPY, AUDCHF, AUDNZD, CADJPY, CADCHF, CHFJPY, NZDCHF, NZDCAD, NZDJPY, NZDSGD, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK, USDCNH;
• Trading platform: MetaTrader 4 (download);
• 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.

Additional restrictions:
  • Total trades minimum quantity: 20;
  • Total trades minimum volume (lots): 20.


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 provide with the question list).

Friday 17 October 2014

New version of Profitable Week (October 22–29)

New version of Profitable Week (October 22–29)

The upcoming Profitable Week will bring a small change to the contest rules. Now the contestants need to pay an entry fee of US$1 to participate in the competition. This dab of money is a token charge for an opportunity to win the main prize – at least US$250 to your real account. We introduce this fee to decrease the number of people who register and do not participate in the competition. The guaranteed prize fund of US$500 and the bonus fund of US$1100 are provided for you to make sure that anyone can win the money back! See below an alternative option of free participation.





US$1 for your loyalty
We realize that an entry fee might seem an unpleasant change. Want to avoid it? Here is how! Help ForexCup team to promote the contest on Social Media and take part in Profitable Week for free!

How to get a refund
Like ForexCup Facebook page and Share the post about the Profitable Week. Then send us a private message with your details including your account number at ForexCup FB page! The shared post must remain till the contest is over and the results are announced. You will get the refund after the competition is over.



Prizes:
• 1st place – US$250 + bonus;
• 2nd place – US$100 + bonus;
• 3rd place – US$50 + bonus;
• 4th place – US$40 + bonus;
• 5th place – US$30 + bonus;
• 6th place – US$20 + bonus;
• 7th place – US$10 + bonus.

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 50% or more.
• Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250.

Key dates:
October 14, 2014 – registration starts;
October 25, 2014 – registration ends;
October 22, 2014 – competition starts;
October 29, 2014 – competition ends;
October 30-31, 2014 – summing-up.

Terms of the contest:
• Entry fee: US$1;
• Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP, GBPCHF, GBPJPY, GBPNZD, GBPCAD, GBPAUD, GBPSGD, EURCHF, EURAUD, EURJPY, EURCAD, EURNZD, EURSEK, EURDKK, EURTRY, EURNOK, EURPLN, EURHKD, AUDCAD, AUDJPY, AUDCHF, AUDNZD, CADJPY, CADCHF, CHFJPY, NZDCHF, NZDCAD, NZDJPY, NZDSGD, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK, USDCNH.
• Trading platform: MetaTrader 4 (download);
• Contest account: competition ECN;
• Start-up deposit: US$5,000;
• Leverage: 1:100;
• EAs: enabled;
• Locking: allowed;
• Lot volume: from 0.1 to 1 (maximum 1 lot per order);
• Number of orders, opened at a time (including pending orders): maximum 3.

Additional restrictions:
• Total trades minimum quantity: 5.
• Total trades minimum volume (lots): 5.

Dear traders, note, please that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly.


Basic requirements to be eligible for a prize/bonus:
• Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished).
• Make at least 5 trades of 5 lots’ total volume during the contest.
• Give an interview after the contest results are announced (the list of questions is provided by the ForexCup team). This is an obligatory requirement to receive the main prize.

Useful links:
How to participate in competitions;
Competition Rules;
FAQ;
ForexCup Facebook page.

Best of luck!

Thursday 2 October 2014

FX Insight. Test your luck! Hit the mark! (GBP/JPY on 11.10.2014).

FX Insight. Test your luck! Hit the mark! (GBP/JPY on 11.10.2014).

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

Currency pair: GBP/JPY
Date for determination of the course: closed at 22:59 10.10.2014 (terminal time)
Acceptance of rates will be ended: October,7
Date of announcement the winner’s name: September, 29
Prize: $30 to STP.

How to participate?

You have to leave a message on this forum thread 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.

Help

If you want to increase your chances to become a winner, you should:
1. Download an FXOpen trading terminal;
2. Open an STP account for free


Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 5 points”.

Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator.