FXOpen Company invites to participate in regular weekly competition on demo accounts "Profitable WeeK 06/18/2012-06/22/2012"
Contest rules are simple. Each participant gets a competition demo account with $5000. All you need to do it trade and make as much profit as you can! The trader who makes the largest profit will become the winner. The TOP 4 traders will also get real money prizes. Don't miss the opportunity: all participants can get money bonuses on their accounts. The only requirement is to increase your deposit by 30% and more. The number of bonuses is not limited.
To give all traders equal conditions, the following competiton rules are applied:
Anyone can participate
Initial deposit – $ 5000, leverage 1:100
Minimum transaction size – 0.1 lot, maximum transaction size – 1 lot
Maximum limit on open trades – 3 open trades at the same time (including pending orders)
Minimum 50 participants
Expert advisors are not included
The top 4 traders will be awarded real money prizes
1st place - $200
2nd place - $100
3rd place - $60
4th place - $40
Registration is open until June 17, 2012
Contest will be help 18-22 June 2012
For more information, see the contest announcement on:
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- Bonus can be withdrawn via any payment system available at FXOpen after making 20 trades (minimum of 10 minutes per trade).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 ≠ Bonus (prize and bonus are two different concepts)
For more information visit: