The last summer month is about to come. And be sure it will be really hot this August. A true fever will start when the FX Market Masters contest is announced open!
Be prepared to join the tough competition for great prizes, tempting bonuses, PAMM account and the honor to be recognized as the best trader. Get ready for the race – you still have time. The competition starts on August 11th but you can apply for participation right now!
The July contest has hardly come to an end when the ForexCup team launches another tournament of this kind based on the contestants' enthusiasm and overall positive feedback.
It was quite a change to see the Latvian trader taking the main prize. He managed to disrupt a habitual state of things with the Chinese or Russian traders taking the lead. Now the question is who will become the winner this time. Who knows, maybe, it will be you. Just join the contest to check how skillful and lucky you are!
Important! You are required to have at least US$9 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.
The detailed terms of "FX Market Masters August 2014"
- July 30, 2014 – registration starts;
- August 11, 2014 – registration ends;
- August 11, 2014 – competition starts;
- September 5, 2014 – competition ends;
- September 8, 2014 – summing-up.
- 1st place – 68%*;
- 2nd place –15%*;
- 3rd place – 10%*;
- 4th place – 4%*;
- 5th place – 3%*
*- % of the competition prize fund or of the guaranteed prize unless the contest prize fund is less than US$1,500.
- 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 10 % or more;
- Declared bonus budget US$3,000.
Terms of the contest:
- Entry fee: US$9;
- 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, USDCNH;
- Trading platform: MetaTrader 4 (download);
- Contest account: competition ECN;
- Start-up deposit: US$5,000;
- Leverage: 1:100;
- EA: allowed;
- Locking: allowed;
- Lot volume: from 0.1 to 1 (maximum 1 lot per order);
- Number of orders, open at a time (including pending orders): maximum 5;
- The liquidation of the contest PAMM ECN/STP account: 3 trading months after its opening with more than 60 trades made in the PAMM ECN account and more than 120 trades in the PAMM STP.
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 differ from it because your trades are usually closed not immediately, but with some delay.
Basic requirements to be eligible for a prize/bonus:
- Minimum number of trades – 20 trades of 20 lots total volume;
- Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be withheld);
- A brief interview when the contest is over is an obligatory requirement to be eligible for the main prize (ForexCup team will proved the question list).
- How to Participate in Competitions;
- Competition Rules;
- Guide on ForexCup Prizes and Bonuses;
- FX Market Masters August 2014 Forum Thread.
Bring Colors to Your Summer – Join a Popular Forex Contest "FX Market Masters August 2014"!