FOREXCUP - Profit Hunters November, 26 - December, 21

Discussion in 'MISC SALE (Non IT related)' started by edmar6969, Nov 9, 2012.

  1. edmar6969

    edmar6969 Member

    Every trader dreams about imposing profit. ForexCup, which is sponsoredby FXOpen, is ready to provide the opportunity to earn great amounts ofmoney. In order to do it you have to register (until November, 25) for aforex contest “Profit Hunters”, which will be held since November, 26to December, 21. After that you will fight for the main prize – aposition of the manager of a PAMM ECN account.
    The winner of “Profit Hunters November, 26 - December, 21” will receivea really great prize - $1320 + 88% from all entry fees and a bonus,depending on his profit. Also, each participant with profit of 10% andmore will get a real cash prize! The cost of participation in thecontest - $6.
    Benefits of the contest “Profit Hunters”:
    1. Advisors are allowed;
    2. Each participant with profit of at least 10% will receive a cash bonus;
    3. Each trader can find an appropriate instrument, because all currency pairs, gold and silver are available:
    4. Competition is rather low in comparison with free contests;
    5. FXOpen provides $3500 for prizes and bonuses.

    Join the contest “Profit Hunters November, 26 - December, 21” and win!
    Key dates:
    November, 25 – deadline for applying for participation;
    November, 26 – the contest starts;
    December, 21– the contest ends;
    There are 3 prizes:
    1st place - $1320+88% from all entry fees + bonus;
    2nd place - $120 +8% from all entry fees + bonus;
    3rd place - $60 +4% from all entry fees + bonus;
    All participants with profit of more than 10% will get cash bonuses.
    Terms of the contest:
    • Entry fee is $6;
    • Start-up deposit of $5000 and a leverage 1:100 are provided;
    • Currency pairs:28, gold and silver;
    • Lots: from 0.1 to 1 (one order can be opened with 1 lot maximum);
    • Maximum number of orders (including pending ones):5;
    • Advisors are allowed;
    • Lock is prohibited.

    - How to Join a Competition
    - FAQ

    If you haven't caught a time to register in the contest, please, open the page "Competitions", choose a contest and apply for participation!

    Good Luck!
    Should you have any questions, feel free to contact us by e-mail ( or use FXOpen Live Chat to get immediate assistance.
    All participants should leave at least one message in the forum.
    Important Notice:
    Prize ≠ Bonus (prize and bonus are two different concepts)
    Withdrawal of bonuses
    Bonuses can be withdrawn once you complete the requirements: no earlierthan in 30 days. Also you can make at least 20 trades of 10 minuteseach one;
    Withdrawal of prizes
    1. The main prize is available for opening a PAMM ECN accountonly. If you want to withdraw it, you will be able to do it in 3 monthsand after 60 trades. All profit you can withdraw when you want to

    2. Prizes for second and third places can be withdrawnat any time, in other words, after receiving prize money to yourtrading account, you can withdraw it through any payment systemavailable at FXOpen
    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 $ 250;

    - Bonus can be withdrawn via any payment system available at FXOpenafter making 20 trades (minimum of 10 minutes per trade). You canwithdraw the bonus after 30 calendar days since the date it was paid toyou. Before withdrawing the bonus you must make at leat 1 forum post inthe ForexCup Competition thread in our Forum.

    The total amount of all bonuses in the competition cannot exceed $1200. If the budget is exceeded we will reduce the bonuses based on thedifference between the actual sum of all bonuses and our budget.

    For example, if at the end of the competition the sum of all bonusespayable to all traders is $ 1500, the total sum of bonuses will bereduced by $ 300 ($ 1500 - $ 1200 = $ 300).

    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 $ 1200 for this particular competition

    Actual Budget = the sum of all bonuses payable to all traders at the end of the competition

    New forex contests

    Source : Forex Encyclopedia

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