FXOpen Company invites you to take part in the next weekly competition between traders - «Profitable WeeK 04/30/2012-05/04/2012». 28 currency pairs are available for trading this time. Registration into the contest will be open till April 29. Competition will start on Monday, April 30, and on Friday, May 4, a winner will be determined. The winner receives
$ 200 prize and a trading bonus (depends on his profit) at the same time. To register in this competition, please, visit
ForexCup.
ATTENTION! All successful traders able to increase their initial deposit to 30% and more receive cash bonuses proportional to the volume of their profits. Bonuses will be credited to accounts registered at0 FXOpen. The quantity of bonuses is not limited, so every participant has a chance to win real money. Don’t miss your chance! Register in the competition now!
Registration is open until April 29, 2012.
Competition dates: April 30 - May 04, 2012.
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 $ 100;
- Bonus can be withdrawn via any payment system available at FXOpen after making 20 trades (minimum of 10 minutes per trade).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 $ 1 100. 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 $ 1 500, the total sum of bonuses will be reduced by $ 400 ($ 1500 - $ 1100 = $ 400).
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 $ 1 100 for this particular competition
Actual Budget = the sum of all bonuses payable to all traders at the end of the competition
* Prizes can be withdrawn at any time, in other words, after receiving prize money to your trading account, you can withdraw it through any payment system available at FXOpen, but bonuses can be withdrawn once you complete the requirements described above.
Prize ***8800; Bonus (prize and bonus are two different concepts)
Important Notice:
We would like to let you know that we have a new point in ForexCup terms and conditions policy. You have to make at least one post at our forum
http://forum.fxopen.com before withdrawing your prize or bonus. This should be a comment on the competition where you took part. Please, post which place you took, how much money you received as a prize and leave a general comment about the contest (describe your thoughts and emotions, tell if it was easy to get the prize, share your plans on the prize, let us know what you think about ForexCup, whether you are planning to take part in new competitions or not).
Forum:
http://forum.fxopen.com/forumdisplay...4-Free-for-All
Demo contest forexcup (update weekly)
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