ForexCup Gold Reserve

“ForexCup Gold Reserve” is a sensational free competition for all traders, who like gold! FXOpen Company organizes and sponsors the contest. Prize fund amounts to $5000!
It doesn’t matter whether you usually trade on gold or metal trading will be new experience for you. You just have to be ready to fight for the main prize and real cash bonuses!
To pretend for victory, make just two steps: register your trading account with FXOpen and then apply for participation in the contest.

The winner will be determined in a fair fight between those interested in gold and big cash prizes. He will receive a trading PAMM ECN account with the balance $1000 and also a bonus which amounts to 1%* of the profit, received in the contest. Other 8 prizewinners will also get a reward and bonus depending on their profit. By the way, we will provide cash bonuses for all participants, who increase a start-up deposit by 70% or more.
Do not miss your chance to fight for “ForexCup Gold Reserve”! Register right now!

Participants’ task:
On the first day of the contest each participant will receive $5000. They have to increase the start-up capital while trading gold or silver at Forex market. The winner will be the trader with the biggest capital at the end of the contest. Trading is conducted on ECN demo accounts with 5-digits quotes through the terminal Meta Trader 4

Cash bonuses:

As a result of the contest, all participants, who increase a start-up capital by 70% or more, will get 1%* from the received profit.
There are 9 prizes:
1st place - $1000 + bonus;
2nd place - $400 + bonus;
3rd place - $260 + bonus;
4th place - $160 + bonus;
5th place - $60 + bonus;
6th place - $60 + bonus;
7th place - $20+ bonus;
8th place - $20+ bonus;
9th place - $20+ bonus.

Key dates:
February, 10 – registration will end;
February, 11 – the contest will start;
March, 8 – the contest will end;
March, 11 – results will be summed up.

Terms of the contest:
•         Participation is free;
•         Trading instruments: Gold and Silver;
•         Trading platform: MetaTrader 4 (download)
•         Contest’s account: ECN demo;
•         Start-up deposit: $5000;
•         Leverage: 1:100;
•         Advisors are forbidden;
•         Lock is allowed;
•         Lots: from 0.1 to 1 (one order can be opened with 1 lot maximum);
•         The maximum number of orders, opened at a time (including pending orders): 5

Important links:
- Instruction for registration;
- FAQ;
- Forum.

*Bonuses’ limitations:
-The amount of the bonus for one trader cannot exceed $ 250;
-The total amount of all bonuses in the competition cannot exceed $3000. If the budget is exceeded, we will reduce the bonuses based on the difference between the actual sum of all bonuses and our budget.

Withdrawal of bonuses
Bonuses can be withdrawn once you complete the following requirements: no earlier than in 30 days; also you should 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 received 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.

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