FXOpen Holds Forex Article Contest

FXOpen a leading broker in Forex would like to inform its customers about the launch of the Forex Article Contest. This competition is scheduled to be held between 1st September and 1st October 2013.

The Forex Article Contest is an excellent opportunity for Forex traders and spectators alike to discover hidden talents, revealing a creative personality by writing about market activity. Trading activity is not obligatory for participation in the competition i.e., the text content is the main focus.

To participate in the contest simply send an article dedicated to Forex that will be judged in one of two categories, being “Forex Theory” and “Forex Success Story.” 

category has its own requirements. Forex success stories may also be of a humorous construction and may describe your personal experiences in Forex.“Forex Theory” requires a more academic approach and should demonstrate a deep understanding of the market and its principles.

Authors of the most outstanding articles will be awarded with prizes totaling US$1,400! The winner may receive between US$250 to US$500 depending on the category they choose. Prize winners will be determined by voting held in FXOpen Facebook i.e., your fellow traders will directly influence the contest results.

Interview with the 2nd Prize Winner of the Asian Forex Championship

The summer of 2013 was notable for an outstanding event – The Asian Forex Championship –held within the ForexCup project. The event attracted approximately 1,600 traders from 53 countries in the Asian region, all competing for great prizes and bonuses provided by FXOpen.

All contestants demonstrated great trading skills, dexterity and a deep knowledge of market specifics. All results were achieved by the efforts of each participant, while some traders were awarded for their excellent performance.
Farid Ikram Bin Ahmad Zabidi from Malaysia won the 2nd prize. During eight weeks of trading he made an outstanding 1,355% profit. Small margins separated him from first place generally keeping pace with the eventual winner. Farid is a deserved 2nd prize winner and a PAMM ECN Account Manager.

We contacted this exceptional trader and asked him a few questions about his participation in the Championship and his trading experience in general.

FXOpen Moves to STP Accounts

FXOpen, a leading broker in Forex trading, is delighted to announce the introduction of a new type of accounts – STP. This trading account has been developed with the help of durable and successful collaboration with the company’s clients and partners with the firm paying due attention to their requirements.

The key feature distinguishing this type of account from ECN/STP is that commission paid to the broker is included in the difference between the Best BID and the Best ASK prices i.e., spread. It is not the only distinction however, since each order goes to the market for execution, all clients could benefit by utilising the liquidity available.

FX Insight Gets Started on FXOpen Forum Again

FX Insight forum contest is getting more and more popular among the Forex traders. That is why this competition is regularly held by FXOpen within the ForexCup project.  

Yesterday, 19th August, the results of the contest “FX Insight. Test your luck! Hit the mark! (GBP/JPY on 17.08.2013)” were summed up. According to the contest statistics, 67 forum users tried to guess the GBP/JPY closing price for the specified date i.e., 17th August. Two of them – wahidsu and Torn were lucky to suggest the most precise variant. Both traders were as close as 3 pips to the desired price value. In the end they were awarded with US$30 credited to their FXOpen accounts.

Today we invite everybody to join the next FX Insight contest. All the participants can win US$30 upon the condition that their variant of GBP/AUD closing price for 30th August 2013 (server time) is the most accurate. The registration in the competition is open until 27th August. You can join and place your bet* right now!   
Test your luck with FXOpen forum contest!
*Important! Your actions must be fully compliant with the rules of the contest otherwise, your application may not be accepted.

FOREXCUP - Profitable WeeK 08/26/2013-08/30/2013

Profitable WeeK with EURUSD and GBPUSD – Ready to Try?

ForexCup team invites traders of variable trading experience to join another weekly competition Profitable WeeK 08/26/2013-08/30/2013.”

This season has been rich in unique and peculiar events – each contest has been distinguished by its own specifics. Over just a few months ForexCup fans has participated in a traditional weekly competition and the one on crosses, in GBP WeeK and EUR Week, etc…

This time the number of trading tools is limited again. The contestants will have to use only 2 currency pairs - EURUSD and GBPUSD. Apart from this, traders will have a chance to compete for 6 main prizes at a time, get a bonus totaling US$1,100 and enjoy 5 contest days of trading!

What is more, a start-up deposit of US$5,000 will be credited to your demo account if you decide to try. All you have to do to become the winner is just to increase the provided capital as much as possible and make the largest profit.

Key dates:
  • August 26, 2013 - registration ends;
  • August 26, 2013– competition starts;
  • August 30, 2013– competition ends.
  • 1st place – US$200 + bonus;
  • 2nd place – US$80 + bonus;
  • 3rd place – US$40 + bonus;
  • 4th place – US$32 + bonus;
  • 5th place – US$28 + bonus;
  • 6th place – US$20+ bonus.
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.

Withdraw Moneybookers/Skrill to Bank Account.

Here's the step by step instructions on how to withdraw money from Moneybookers or skrill to your bank account. It is very simple. If you don't have an account in Skrill, just click the screenshot below.


1. First you need to login to your Moneybookers/Skrill account then, (a) click the "Cards and Bank Accounts" and (b) click the "Add Bank Account" button as shown below.

Lists of e-currency exchangers that are closed

As of this writing here are the lists of ecurrency exchangers that are closed, scam or has been seized by the U.S. government.

  • Alertexchanger.com
  • Ecashworldcard.com
  • Goldexpay.com
  • Swapgold.com
  • Citichanger.com
  • Velaxchanger.com
  • Aurumxchange.com 
  •  Intexchange.com
  • Wm-center.com
  • Mewahgold.com

The above lists are the only i know that are currently not available. I will add more when i find e-currency exchanger that are not available, closed, or scam.

FXOpen Holds FX Market Masters September 2013 Contest

FXOpen is glad to announce the launch of its regular FX Market Masters competition scheduled for Autumn 2013 at ForexCup. During 4 weeks of tough competition, traders will fight for main prizes consisting of a PAMM ECN account with a free deposit of US$1,125 and a bonus equal to 75% of the entry fees. 

The 5 best traders will receive real money prizes with other competitors receiving a bonus upon the condition that they increase their start-up deposit by 10% or more, with a total bonus pool of up to US$3500

For example, the winner of FX Market Masters April 2013 got the total prize of $1827, of which $250 was the maximum possible bonus of the profit made. 
Worth a try? We think so! 
To participate in the FX Market Masters September 2013, there is a registration fee of $6 that will be added to the contest prize fund, therefore, the more contestants who register for the competition, the greater the prize fund. 

Important! You are required to have at least US$6 in your e-Wallet to register to take part in the tournament. You can add funds to your account via any payment system. If you have funds available in your FXOpen trading account, you can transfer the needed sum to your e-Wallet. Go to your account.

Key dates:

August 7, 2013 - registration starts;
September 8, 2013 – registration ends;
August 26, 2013– competition starts;
September 20, 2013– competition ends.


1st place – US$1,125 + 75% of the entry-fees + bonus;
2nd place - US$180 + 12% of the entry-fees + bonus;
3rd place - US$75 + 5% of the entry-fees + bonus;
4th place - US$75 + 5% of the entry-fees + bonus;
5th place - US$45 + 3% of the entry-fees + bonus.


FXOpen Welcomes Traders to Forum Contest

FXOpen moves on with the popular FX Insight contests and offers another competition to FXOpen Forum users with the main prize of $30 for the most precise guess.

The contest “FX Insight” has long become popular with forum users of FXOpen broker. And it’s not surprising, since the competition does not require any investment, while a $30 prize to the real account is a good reward given that you just have to guess the closing price of a certain currency pair on a specified date.

So, if you are positive about the contest “FX Insight. Test your luck! Hit the mark! (GBP/JPY on 17.08.2013)” and are ready to join it, please, make sure you do the following:
  • Submit your guessing of GBP/JPY rate on 17th August, 2013;
  • Share your variant* in the corresponding forum thread by 13th August, 2013;
  • Wait for the results that are to be announced on 19th August, 2013.
By the way, GBP/JPY has become the lucky currency pair for the winner of the Asian Forex Championship. Who knows, maybe it will help you win as well!

* Please, check the rules of the contest before publishing your predictions - they may not be accepted if not compliant with the format of the competition.

FREE Expert Advisor Builder for MetaTrader 4

Would you like to create your own Forex Expert Advisor? Don't look any further because it is here.
Expert Advisor Builder(EAB) allows you to create your Expert Advisor(EA) easily.
EA is a kind of the script for MetaTrader 4(MT4). You may use it for the testing of your strategy. 

You can now start creating your own EA.  Visit the site below:
Expert Advisor Builder(EAB)

Interview with the winner of Asian Forex Championship

Earlier this week ForexCup announced the results of Asian Forex Championship. The biggest regional Forex-contest was held from May 27th to July 19th, and was a total hit with over 1600 participants.

The winner, an Indonesian trader Ariful Miftakhuddin, was awarded the title "The Best Asian Trader" and a PAMM ECN account worth $3000. Ariful Miftakhuddin should really be admired for his trading talents and outstanding results! The winner made more than 2000% profit, leaving his competitors far behind. It was a clear victory.

We were lucky to interview the most successful trader in the Asian Forex Market and asked him a few questions about the championship, his trading strategy and plans for the future.