FOREXCUP - Profit Hunters November, 26 - December, 21

Every trader dreams about imposing profit. ForexCup, which is sponsored by FXOpen, is ready to provide the opportunity to earn great amounts of money. In order to do it you have to register (until November, 25) for a forex contest “Profit Hunters”, which will be held since November, 26 to December, 21. After that you will fight for the main prize – a position of the manager of a PAMM ECN account.
The winner of “Profit Hunters November, 26 - December, 21” will receive a really great prize - $1320 + 88% from all entry fees and a bonus, depending on his profit. Also, each participant with profit of 10% and more will get a real cash prize! The cost of participation in the contest - $6.
Benefits of the contest “Profit Hunters”:
1. Advisors are allowed;
2. Each participant with profit of at least 10% will receive a cash bonus;
3. Each trader can find an appropriate instrument, because all currency pairs, gold and silver are available:
4. Competition is rather low in comparison with free contests;
5. FXOpen provides $3500 for prizes and bonuses.

Join the contest “Profit Hunters November, 26 - December, 21” and win!


Key dates:
November, 25 – deadline for applying for participation;
November, 26 – the contest starts;
December, 21– the contest ends;

There are 3 prizes:
1st place - $1320+88% from all entry fees + bonus;
2nd place - $120 +8% from all entry fees + bonus;
3rd place - $60 +4% from all entry fees + bonus;
All participants with profit of more than 10% will get cash bonuses.




 Terms of the contest:
• Entry fee is $6;
• Start-up deposit of $5000 and a leverage 1:100 are provided;
• Currency pairs:28, gold and silver;
• Lots: from 0.1 to 1 (one order can be opened with 1 lot maximum);
• Maximum number of orders (including pending ones):5;
• Advisors are allowed;
• Lock is prohibited.

Registration


- How to Join a Competition
- FAQ

If you haven't caught a time to register in the contest, please, open the page "Competitions", choose a contest and apply for participation!

Good Luck!

Should you have any questions, feel free to contact us by e-mail (support@fxopen.com) or  use FXOpen Live Chat to get immediate assistance.

Restrictions:
All participants should leave at least one message in the forum.

Important Notice:
Prize ≠ Bonus (prize and bonus are two different concepts)

Withdrawal of bonuses
Bonuses can be withdrawn once you complete the requirements: no earlier than in 30 days. Also you can make at least 20 trades of 10 minutes each one;

Withdrawal of prizes
1.
The main prize is available for opening a PAMM ECN account only. If you want to withdraw it, you will be able to do it in 3 months and after 60 trades. All profit you can withdraw when you want to

2. Prizes for second and third places can be withdrawn at any time, in other words, after receiving prize money to your trading account, you can withdraw it through any payment system available at FXOpen

Bonus Terms:
The bonus payable to a trader’s real trading account is equal to one percent (1%) of the profit gained.

For example, if a trader earns $ 5000, a $ 50 bonus will be deposited to his account.

However, there are some limitations:

- The amount of bonus for one trader cannot exceed $ 250;

- Bonus can be withdrawn via any payment system available at FXOpen after making 20 trades (minimum of 10 minutes per trade). You can withdraw the bonus after 30 calendar days since the date it was paid to you. Before withdrawing the bonus you must make at leat 1 forum post in the
ForexCup Competition thread in our Forum.

The total amount of all bonuses in the competition cannot exceed $ 1200. If the budget is exceeded we will reduce the bonuses based on the difference between the actual sum of all bonuses and our budget.

For example, if at the end of the competition the sum of all bonuses payable to all traders is $ 1500, the total sum of bonuses will be reduced by $ 300 ($ 1500 - $ 1200 = $ 300).

The formula for bonus calculation:

Bonus = (1% of profit) * Planned Budget / Actual Budget, where

Profit - the actual profit earned by particular trader

Planned Budget = it is $ 1200 for this particular competition

Actual Budget = the sum of all bonuses payable to all traders at the end of the competition



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