Forexcup - Profitable Week 03/04/2013 - 03/08/2013

Two contests have been already held at ForexCup during 2 months of 2013. As a result, 59 best participants received prizes and bonuses totally amounted to more than $6000.
For example, 103 traders participated in the past weekly contest and 30 best participants got real cash bonuses. The winner received $371. According to statistics, the level of competition in ForexCup contests is not really high – usually, every third participant receives a cash prize!
The forthcoming contest will not be an exception. The time has been already set and the competition will be held since March, 4 till March, 8. An entry fee is just $3.

The terms of the contest are standard. On the 1st day of the competition each participant receives a virtual deposit - $5000 with a leverage of 1:100. After the start of the contest (at 1.00, Monday, in accordance with FXOpen terminal time) you have to trade at the Forex market using all available instruments.
The main task is to get the biggest profit by the end of the contest. While participating, you will trade on ECN demo account, which provides an additional opportunity to appreciate all the advantages of that FXOpen service.
The participant with the biggest profit by the end of the contest will become a winner.
The more traders participate, the bigger the prizes will be, because entry fees are included into the prize fund. It is necessary to mention that there are 5 prizes for the most successful traders. Everyone, who increases a start-up deposit by 10% or more, will receive a cash bonus.

There are 5 prizes:
1st place - $256 + 50% from the sum of entry-fees + bonus;
2nd place - $128 + 25% from the sum of entry-fees + bonus;
3rd place - $76 + 15% from the sum of entry-fees + bonus;
4th place - $25 + 5% from the sum of entry-fees + bonus;
5th place - $25 + 5% from the sum of entry-fees + bonus.

Cash bonuses:

As a result of the contest, all participants, who increase a start-up capital by 10% or more, will get 1%* from the received profit.

Key dates: March, 4 – the contest will start;
March, 5 – registration will end;
March, 8 – the contest will end; March, 11 – results will be summed up.

Terms of the contest:
Participation is paid - $3;
• Trading instruments: 49 currency pairs, gold, 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): 3


Participation in the contest is paid (an entry fee is $3). Remember that in order to participate it is necessary to have at least $3 on your e-Wallet (the sum of an entry fee). You can deposit necessary sum to your account via any payment system. If you have some funds in your FXOpen trading account, you can move the necessary sum to your e-Wallet. Go to your account.
*Bonuses’ limitations:
-The amount of the bonus for one trader cannot exceed $ 250;
-The total amount of all bonuses in the competition cannot exceed $1000. 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:
Prizes 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.

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

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