Profitable Week Welcomes Traders at No Charge

A free to enter trading contest starts March 11, and it is bound to be a large-scale competition. So what are the main advantages that draw the participants to Profitable Week?

Why join?
  • No entry fee means no financial risks. Be as bold as you wish in your trading activities, aim high, and test new techniques safely.
  • Real-money prizes. All the prizes and bonuses are transferred to your Live Account. The prize fund amounts to US$500 and will be distributed between eight winners. The bonus fund totals US$1000. Every contestant who increases the deposit by at least 70%, gets 1% of the profit.


Challenges:
  • High but friendly rivalry. A big number of participants ensures that competition won’t be easy to win. Lay yourself out to win the contest!
  • Higher than usual volatility. The currency market remains relatively fickle, increasing the risks for the live traders. The only risk you face is not winning the main prize.


The prizes:
  • 1st place – US$250 + bonus;
  • 2nd place – US$75 + bonus;
  • 3rd place – US$50 + bonus;
  • 4th place – US$40 + bonus;
  • 5th place – US$30 + bonus;
  • 6th place – US$25 + bonus;
  • 7th place – US$20 + bonus;
  • 8th place – US$10 + bonus.

Key dates:
  • March 3, 2015 – registration starts;
  • March 11, 2015 – registration ends;
  • March 11, 2015 – competition starts;
  • March 18, 2015 – competition ends;
  • March 19-20, 2015 – summing-up.


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 at least 70%.
  • Declared bonus budget – US$1,000. The maximum bonus for 1 participant – US$250.


Terms of the contest:
  1. Free to participate;
  2. 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.
  3. Trading platform: MetaTrader 4 (download);
  4. Contest account: competition ECN;
  5. Start-up deposit: US$5,000;
  6. Leverage: 1:100;
  7. EAs: allowed;
  8. Locking: allowed;
  9. Lot volume: from 0.1 to 1 (maximum 1 lot per order);
  10. 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.


Useful links: