Scalping Virtuoso-7 for Professional Traders – Ready to Start?

The launch of a new Forex competition format is a huge responsibility. We try to offer you the best trading conditions and to create the most intriguing atmosphere for every contest. But still, it’s up to you to join it or not. However, seeing your activity and enthusiasm about certain competitions we launch the whole series of it without any hesitation. And today we invite everybody to the 7^th round of Scalping Virtuoso!

The previous six rounds helped to find real masters of scalping techniques among the Forex-contests fans. We are sure it’s not the end! If you feel the same, join the ranks of professionals and prove you can make even more! 

Scalping Virtuoso-7 terms and conditions are again loyal and attractive:

• 49 currency pairs – you choose your trading instruments yourselves;
• 9 prizes are a tradition already – we do reward the winners;
• No restrictions on scalping – it’s a rare opportunity! Don’t miss it!
• Low competition – a small entry fee keeps only the most motivated in the contest;
• EAs and locking allowed – literally no restrictions!

Scalping Virtuoso-7 is coming up – you must be listed among its participants!

REGISTRATION

Important! To participate in the competition you should have at least US$5 in your eWallet. You can deposit funds via any payment systems available in MyFXOpen personal area. You can also transfer funds from your trading accounts in the company to the eWallet. Go to MyFXOpen.   

Key dates:

• February 5, 2014 – registration starts;
• February 17, 2014 – registration ends;
• February 17, 2014 – competition starts;
• February 21, 2014 – competition ends;
• February 24, 2014 – summing-up.

Prizes:

• 1^st place – 50% *;
• 2^nd place – 20% *;
• 3^rd place – 9% *;
• 4^th place – 6% *;
• 5^th place – 4% *;
• 6^th place – 3% *;
• 7^th place – 3% *;
• 8^th place – 3% *;
• 9^th place – 2% *.

*- of the bonus fund sum or of the guaranteed prize if the competition prize pool is lower than US$300;
Terms of the contest:

• Entry fee – US$5;
• Guaranteed prize fund: US$300
• 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, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK;
• Trading platform: MetaTrader 4 (download);
• Contest account: competition ECN;
• Start-up deposit: US$5,000;
• Leverage: 1:100;
• EAs: allowed;
• Locking: allowed;
• Lot volume: from 0.1 to 100;
• Number of orders, opened at a time (including pending orders): 100.

Dear Traders,

Note, please, that your trades are automatically closed at the end of the contest. Therefore, the closing price may be either the same as the market closing price, or it may differ from it. It is reasoned by the fact that your trades are usually closed not immediately, but with some delay.

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 and increase your start-up deposit (to be eligible for a bonus your start-up deposit must exceed US$5,000);
• Give an interview after the contest results are announced (the list of questions is provided by the ForexCup team). This is an obligatory requirement to receive the main prize.

Useful links:

• How to participate in competitions;
• Competition Rules;
• FAQ;
• Guide on ForexCup Prizes and Bonuses;
• Contest Forum thread