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!
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