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penaltev

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  1. FX Insight! Test Your Luck! Hit the Mark! (EUR/USD on 14.12.2013) FXOpen regularly holds a competition where the winner can get $30. Currency pair: EUR/USD Date for determination of the course: closed at 22:59 13.12.2013 (terminal time) Acceptance of rates will be ended: December, 10 Date of announcement the winner’s name: December, 16 Prize: $30 How to participate? You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition. Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition Guess the exchange rate 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 1.3100, all other participants should choose variants not closer than 1.3095 or 1.3105; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one prediction; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the prediction, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 4 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule spreads between participants’ beds should be no less than 5 points. Go to the Contest Page Here! ForexCup Announcement
  2. It’s Time to Show V-Trading – Second Round of Scalping Virtuoso Gets Started! ForexCup announces admission in the ranks of skillful traders – we launch Scalping Virtuoso-2! Scalping Virtuoso is the most mysterious type of the competitions that is not yet clear to the ForexCup fans to the end. A new format of the paid weekly competition with an opportunity for unrestricted scalping may seem strange and unusual. We are ready to dispel your doubts! You hesitate to pay an entry fee? The thing is that a small entry fee curbs the competition but increases the prize fund that will be distributed among the best traders; A week is too little for a paid contest? Practice shows that 5 days are an ideal time frame to show good trading results; What if there won’t be enough participants in the competition? The contest organizers provide the guaranteed prize pool – if you deserve you will get a reward; What if there will be too many contestants? There are 7 prizes in the competition and you are talented enough to win at least one of them! You have no idea how to use scalping in practice? Then Scalping Virtuoso is your chance to learn from other traders’ strategies and develop your skills! You still have doubts whether Scalping Virtuoso will be to your liking? Then look through the contest terms below and you can be sure that you won’t be disappointed! 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: November 25, 2013 – registration starts; December 2, 2013 – registration ends; December 2, 2013 – competition starts; December 6, 2013 – competition ends; December 9, 2013 – summing-up. Prizes: 1st place – 40% *; 2nd place – 25% *; 3rd place – 15% *; 4th place – 9% *; 5th place – 5% *; 6th place – 3% *; 7th place – 3% *. *- of the bonus fund sum or of the guaranteed prize sum 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: 49 currency pairs, metals; Trading platform: MetaTrader 4 (download); Contest account: competition ECN; Start-up deposit: US$5,000; Leverage: 1:100; EAs: prohibited; 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’s Forum thread. Announcement at ForexCup website.
  3. FX Insight! Test Your Luck! Hit the Mark! (GBP/USD on 30.11.2013) FXOpen regularly holds a competition where the winner can get $30. Currency pair: GBP/USD Date for determination of the course: closed at 22:59 29.11.2013 (terminal time) Acceptance of rates will be ended: November, 26 Date of announcement the winner’s name: December, 2 Prize: $30 How to participate? You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition. Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition Guess the exchange rate 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 1.6100, all other participants should choose variants not closer than 1.6095 or 1.6105; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one prediction; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the prediction, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 4 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule spreads between participants’ beds should be no less than 5 points. Go to the Contest Page Here! ForexCup Announcement
  4. FXOpen Goes to UK Land. FXOpen, a leading Forex broker, is pleased to announce further expansion into the European financial market by opening a new office in London, UK. The company’s interests in Europe are now represented by FXOpen UK, offering its services within the strict regulatory framework of the UK’s Financial Conduct Authority. FXOpen UK is a trading name of FXOpen Ltd and is a part of FXOpen Group. In March 2013, FXOpen Ltd became authorised and regulated by the Financial Conduct Authority (previously known as the Financial Services Authority) under FCA firm reference number 579202. The company is currently registered in England and Wales under company number 07273392. "We are glad to expand our footprint into this region and to offer a most reliable and transparent cooperation to the European Forex community,” commented Denis Peganov, Director of FXOpen NZ Limited. “We hope our prospective clients and partners will appreciate our competitive trading conditions, top quality execution, world-class technologies, and advanced trading tools.” The launch of the UK office is the next step in FXOpen’s campaign to open up and develop new markets in regulated jurisdictions. It represents an opportunity for the company to showcase the full scope of its seamless services and compete in the same field as its peers. We aim to meet the highest expectations of our clients, their satisfaction and safety of their funds being our top priority. Follow the discussion on FXOpen Forum. Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow FXOpen News!
  5. Ready for Changes? Join Scalping Virtuoso – New ForexCup Competition! ForexCup is pleased to announce the launch of a new paid competition – Scalping Virtuoso. Forex contests fans will definitely like a new format of the weekly competition and appreciate its benefits. ForexCup team traditionally held the weekly contests for free, while participation in the monthly competitions required a small entry fee. The weekly format, however, appeared to be very popular with traders. Thus, ForexCup team came up with an idea for Scalping Virtuoso lasting only a week. The competition is open to all, willing to demonstrate their perfect trading skills. Register now and join the ranks of the most ambitious Forex traders! What is Scalping Virtuoso? This is a paid weekly contest with small entry fees, 90% of which constitute the prize pool. The distinguished feature of the competition is the ability to use scalping and various Expert Advisers at traders’ option. Sounds great, doesn’t it? Scalping Virtuoso characteristics: 7 prizes; a guaranteed prize fund of US$300; a small entry fee of US$5 - it will curb competition and raise the prize fund sum (the more traders participate in the contest the greater the sum of the prizes are); 5 trading days – the most suitable trading period – it’s checked! a chance to use any EA possible and scalp! Ready to demonstrate your virtuosity? Scalping Virtuoso is waiting for the winners! 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: November 25, 2013 – registration ends; November 25, 2013 – competition starts; November 29, 2013 – competition ends; December 2, 2013 – summing-up. Prizes: 1st place – 40% of bonus fund; 2nd place – 25% of bonus fund; 3rd place – 15% of bonus fund; 4th place – 10% of bonus fund; 5th place – 5% of bonus fund; 6th place – 3% of bonus fund; 7th place – 2% of bonus fund. Terms of the contest: Entry fee – US$5; Trading instruments: 49 currency pairs, metals; 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 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 5. 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. - 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. For full details of prize withdrawal, bonus withdrawal, bonus calculation - click HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website.
  6. Free Weekly Contest Welcomes New Participants ForexCup contestants have repeatedly confirmed that it is the weekly competitions that are most popular among Forex traders. Such format of the contests draws the biggest audience and offers the greatest number of prizes. What is more, Profitable WeeK series of contests ensure from losses to a greater extent as there are no entrance fees and you participate for free. ForexCup along with FXOpen broker tries to keep traders motivated and each time offers new interesting competitions. Today we suggest joining another contest – “Profitable WeeK 11/18/2013-11/22/2013.” This time all the contestants may expect the following: -A traditionally free participation: no entrance fees, you can join the contest with a few keystrokes; -5 trading days: it’s the most optimal time span to choose and implement your trading strategy; -49 currency pairs: it’s up to you to decide what trading instrument to use; -8 prizes and bonuses for more than 80% profit; -An opportunity to use EAs. New experience is what really matters in any career, particularly, in Forex. Grab your chance to learn something new! Put your trading theories in practice! A free weekly competition is an ideal format not only for winning prizes and bonuses, but also for self-education, improvement and experiments! REGISTRATION Key dates: •November 18, 2013 – registration ends; •November 18, 2013 – competition starts; •November 22, 2013 – competition ends; •November 25, 2013 – summing-up. Prizes: •1st place – US$200 + bonus; •2nd place – US$80 + bonus; •3rd place – US$40 + bonus; •4th place – US$24 + bonus; •5th place – US$20 + bonus; •6th place – US$16+ bonus; •7th place – US$12+ bonus •8th place – US$8+ bonus. Bonuses: 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 80 % or more. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250. Terms of the contest: Free participation; 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 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. Dear Traders, Note, please, that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly. 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. - 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. For full details of prize withdrawal, bonus withdrawal, bonus calculation - click HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website.
  7. FXOpen Announces Second Round of Forex Article Contest FXOpen is glad to announce the second round of the Forex Article Contest that was first launched by the company in September 2013. The next round of the competition is scheduled to be held between 11th November and 13th December. Thus, the rewarding ceremony will take place right on New Year’s Eve. The Forex Article Contest is a great chance for Forex traders and spectators alike not only to win the prize money but also to discover their hidden talents and reveal their creative personalities by writing about Forex specifics. The new competition will have some peculiar features making it different from the previous one. This time there will be 5 main prizes for the authors of the best articles about Forex. The contest organizers have also decided not to limit participants’ creativity and merged the two categories “Forex Theory” and “Forex Success Story” into one being “Forex Trading.” To take part in the second round of the competition simply send a quality Forex-related material and watch the voting process in the social networks. The networkers’ activity will help FXOpen representatives to determine the winner i.e., the author of the most popular article. He will receive US$500 as the main prize. For new details on the contest terms, please, visit the FXOpen Forum. Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow FXOpen News!
  8. FXOpen Launches Customer Support Portal FXOpen, one of the world’s leading Forex brokerage companies, is delighted to announce the launch of a Customer Support Portal – support.fxopen.com. The key target of the project is to reorganise the customer support process and implement a number of new opportunities. The Customer Support Portal is a specialised, user-friendly system designed specifically for FXOpen clients. We have introduced some valuable options for the company’s clients e.g., tailored advice from the specialist online support team with immediate effect, query placement and status monitoring. With the development of the project, the FXOpen product users will become more independent and self-contained in solving a number of technical and finance-related issues. Each participant will have access to detailed descriptions of the company’s focus areas and the services provided. The launch of the Customer Support Portal will enable FXOpen clients to: - enter a chat room and start a conversation with a support team operator; - make queries to the appropriate departments, update their requests and follow the problem resolution process; - get the required information from the company’s knowledge base – FXOpen Help – in full. FXOpen clients will have the opportunity to assess the quality support received, enabling us to improve the efficiency, refine internal processes and deliver a first-class customer service. To log into the portal simply use MyFXOpen details. Currently FXOpen clients are provided with an opportunity of sending tickets to the customer support service and consulting the company’s operator online. An extensive knowledge base is being created within the project. It will help to familiarise users with FXOpen services, activities and terms of business within a short time span. FXOpen cares about its customers’ interests and applies maximum efforts to make the cooperation with the company convenient and transparent. Follow the discussion on FXOpen Forum. Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow FXOpen News!
  9. FXOpen Runs SMS Notifications Service. FXOpen is glad to offer its customers a new service – SMS notifications. This option is available for all users registered with the company. The functional is developed to carry out extra verification when log into MyFXOpen personal area, get notifications about the withdrawal or payment status changes, as well as recover a new password under strict security conditions. SMS service is designed to simplify a number of internal processes and to provide safe and convenient interaction of the company’s clients and partners with the system. The opportunity to monitor the status of requests, directly obtain the profile details and be up on other important processes in MyFXOpen improves traders’ performance and enhances the overall efficiency of the company’s services. FXOpen customers will receive SMS notifications to their cell phones after this option is activated in their MyFXOpen personal area. To set up SMS service log into MyFXOpen, choose Profile--> SMS notifications and follow further instructions. At the moment this option is free and can be enabled or disabled any time. For more details about the new service configurations and the list of available SMS notifications please, see FXOpen Help. Follow the discussion on FXOpen Forum. Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow FXOpen News!
  10. FX Insight! Test Your Luck! Hit the Mark! (EUR/NZD on 16.11.2013) FXOpen regularly holds a competition where the winner can get $30. Currency pair: EUR/NZD Date for determination of the course: closed at 22:59 15.11.2013 (terminal time) Acceptance of rates will be ended: November, 12 Date of announcement the winner’s name: November, 18 Prize: $30 How to participate? You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition. Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition Guess the exchange rate 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 1.6100, all other participants should choose variants not closer than 1.6095 or 1.6105; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one prediction; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the prediction, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 4 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule spreads between participants’ beds should be no less than 5 points. Go to the Contest Page Here! ForexCup Announcement
  11. FX Insight! Test Your Luck! Hit the Mark! (USD/JPY on 26.10.2013) FXOpen regularly holds a competition where the winner can get $30. Currency pair: USD/JPY Date for determination of the course: closed at 22:59 25.10.2013 (terminal time) Acceptance of rates will be ended: October, 22 Date of announcement the winner’s name: October, 28 Prize: $30 How to participate? You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition. Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition Guess the exchange rate 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 99.00, all other participants should choose variants not closer than 98.95 or 99.05; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one prediction; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the prediction, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 4 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule spreads between participants’ beds should be no less than 5 points. Go to the Contest Page Here! ForexCup Announcement
  12. Best FXOpen Forum Trader - Autumn 2013! FXOpen holds another competition on demo accounts. The event starts on October 21 and will last for 4 trading weeks until November 15. The rules of the contest "Best FXOpen Forum Trader": 1. All registered forum users, who have made at least 30 posts, may participate in the contest. 2. Registration is available by password, provided after moderation. 3. The initial deposit amounts to $ 5000, and the leverage is 1:100. 4. There are 28 currency pairs available for trading. 5. The maximum trading volume is 1 lot. 6. The maximum number of orders is equal to 5 (including pending orders). 7. The minimum number of trades in the competition is 5 trades, while the minimum trading volume in the competition - 5 lots. NEW! 8. Each participant must leave posts in his own thread on the Forum. His thread will be situated in the appropriate section ("Top Trader" section for English-speaking participants, the whole list check at the end). Participant is required to describe every trade he makes in the competition account. If this term is violated, the participant will be disqualified and deprived of his prize. All trades must be described within 36 hours after their opening. The maximum number of the trades described must not exceed 5 trades per post. All the participants are encouraged not only to indicate the parameters of their trades (like currency pair, lot size, Buy/Sell and so on), but to reason their trading behavior, make some forecasts and share plans for their future trading activity. It would be perfect if you support your description with screen shots or similar schemes so that other traders could understand you better. 9. Traders, who have complied with the previous paragraph (p.8), but failed to become the top competitors, will be awarded with a consolation prize (bonus): the profit made by the end of the competition * 0.01 (max $250). 10. All orders must be closed by the end of the competition. 11. The prize for winning the contest is added to the real account at FXOpen and can be withdrawn any time; no additional conditions are required. 12. Minimum number of participants totals 10. Advisors are prohibited! Scripts are allowed! The participant with the highest balance in the account by the end of the contest will become THE WINNER. Prize fund: 1st place - $504; 2nd place - $396; 3rd place - $300. The total amount of bonuses equals $800! *(10) The bonus, added to a real account, makes 1 % of the profits. For example, the trader makes $ 5000. It means that $ 50 will be credited to his account. However, there are some restrictions: - A trader’s bonus amount can’t exceed $ 250; - The bonus can be withdrawn via any available payment system in 30 calendar days after being added to the account (not earlier). What is more, a trader must complete 20 trades of at least 10 minutes’ long. It should be noted that the total amount of the competition bonuses must not exceed $ 800. In case of exceeding the budget, the amount of the bonuses will be reduced in proportion by the difference between the amount of all bonuses and the budget. For example, if the amount of traders’ bonuses totals $ 1 500, the amount of bonuses paid to these traders must be reduced by $250 ($1 500 - $ 1250 = $250). The formula for calculating bonuses: Bonus = (1% of profit) * budget / actual budget, where Profit is the actual profit made by the trader; Budget is equal to $ 800 in this case; Actual budget is equal to the sum of the actual budget, for example, $ 1 500. The order of registration in the competition: Each trader must apply for registration in the forum thread with contest description in his language (Here for English-speaking participants). After being moderated, he gets the password, registers in the contest and publishes the account number in the relative forum thread. Please, do not send your password to any third party, since the list of participants will be checked again prior to the beginning of the contest. ]So, the steps of registration are as follows: 1. Apply for registration in a thread (check the table below to find threads in different languages). 2. After being moderated, grab your password and enter the competition here on ForexCup.com. 3. Publish your account number in the relative forum thread (check the table below to find contest sections in different languages). Any questions? Feel free to send them to [email protected]
  13. FXOpen Accepts Payments via Neteller FXOpen, one of the leading Forex brokerage companies, is excited to announce that we now accept payments via Neteller. For over a decade, NETELLER has provided businesses and individuals with a fast, simple and secure way to move money online. Neteller is a highly-reputable payment option trusted by millions of merchants and consumers in more than 200 countries and from a broad spectrum of industries and businesses. Neteller eWallet coupled with Net+ Pre-paid Master cards makes Neteller one of the most popular, easy-to-use and secure payment option online. FXOpen customers can now enjoy all benefits of Neteller when funding their FXOpen account or making a withdrawal: Instant deposits; Deposit commission is only 2.5%; Payments in USD, EUR, AUD, GBP, JPY, RUB and SGD; Withdrawals without commission. If you already have a Neteller eWallet, please, log into My FXOpen to deposit to your FXOpen account or withdraw. If you are not registered with Neteller yet, take a couple minutes to sign up, verify and fund your Neteller eWallet. For more information about Neteller, see FXOpen Help. Follow discussion at FXOpen Forum Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow FXOpen News
  14. Free Contests Marathon Goes on at ForexCup - “Profitable WeeK 10/14/2013-10/18/2013” Profitable WeeK free competitions, held by ForexCup on a weekly basis, are well known to thousands of traders worldwide. Over and over again they become active participants of such contests in the hope to win good prizes and bonuses and master their trading skills. ForexCup is glad to support their intentions – we launch “Profitable WeeK 10/14/2013-10/18/2013!” The popularity of ForexCup competitions is reasoned by such advantages as free participation, decent bonus and prize funds, an opportunity to test your own trading strategy and unexpected choice of trading instruments available during the contest. For example, this time only seven currency pairs with USD on one side will be allowed in the competition i.e., EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD. What really worth mentioning is that Profitable WeeK competitions are open for everybody as hundreds of traders from different parts of the world regularly join them. Isn’t it a great chance to learn from others’ experience, work out your own trading style and upgrade your skills? We think it is! Profitable WeeK 10/14/2013-10/18/2013 free weekly contest is worth a try! Don’t hesitate and register right now! Who knows, it may be this competition that will show you the way to success! REGISTRATION Key dates: October 14, 2013 – registration ends; October 14, 2013 – competition starts; October 18, 2013 – competition ends; October 21, 2013 – summing-up. Prizes: 1st place – US$200 + bonus; 2nd place – US$80 + bonus; 3rd place – US$40 + bonus; 4th place – US$24 + bonus; 5th place – US$16 + bonus; 6th place – US$12+ bonus; 7th place – US$12+ bonus; 8th place – US$8 + bonus; 9th place – US$8 + bonus. Bonuses: 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 80 % or more. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250. Terms of the contest: Free participation; Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD; Trading platform: MetaTrader 4 (download); Contest account: ECN demo; Start-up deposit: US$5,000; Leverage: 1:100; EAs: Prohibited Locking: allowed; Lot volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. 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. - 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. For full details of prize withdrawal, bonus withdrawal, bonus calculation - click HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website.
  15. Dates Extended for Forex Article Contest FXOpen, a leading company providing brokerage services, launched the Forex Article Contest in early September. The competition was focused on the Forex-related articles to be written in one of the two categories i.e., “Forex Theory” or “Forex Success Story.” The contest deadline has been extended to October 15, 2013, so there are two more weeks to share your trading experience and join the list of odds-on favourites. FXOpen is delighted to present the contestants’ works that are available in the corporate blogs in the Russian and English languages. You are free to consult the useful material and pose any questions to the authors of the articles. In order to participate in the contest you have to write a story about your personal achievements in Forex (humorous form of narration is welcomed) or an article about the market specifics demonstrating your in-depth knowledge. There are different requirements to the provided material depending on the category. Authors of the three best articles will receive: The category “Forex Theory” 1st place – US$500 2nd place – US$250 3rd place – US$150 The category “Forex Success Story” 1st place – US$250 2nd place – US$100 3rd place – US$50 FXOpen would like to take this opportunity to offer its thanks to all the participants and to invite others to join this competition! We will be accepting your works for two more weeks, until October 15, 2013. Send them to [email protected]. See the contest details. FXOpen Press and Media contact [email protected] Follow FXOpen news.
  16. FXOpen Joins The Financial Commission FXOpen, one of the world’s leading Forex brokers is happy to announce its membership in The Financial Commission . The Financial Commission is a neutral 3rd party committee to fairly review and resolve complaints. We see it as one more way to show our clients that FXOpen’s activities conform to the best practices and high commercial standards in the Financial Services Industry. FXOpen’s membership in the Financial Commission gives each customer the opportunity to achieve a more cost-effective, simpler and swifter resolution of any issues that they might encounter while trading Forex through FXOpen. The Financial Commission is an international independent non-government dispute resolution organization specializing in the Forex market based in Hong Kong, China. Its main body - the Financial Committee - is comprised of highly-skilled professionals with many years of experience at top managerial positions in the Forex market . Their vast expertise ensures in-depth understanding and investigation of each complaint. However, the members of the Financial Committee are not affiliated to any Forex brokerage firm, which guarantees an unbiased approach to handling complaints. By joining the Financial Commission we hope to boost our customers’ confidence in FXOpen as a broker. Customer satisfaction is one of our key priorities. And we strive to find an amicable and fair solution to any issue that may arise between the Client and the Broker. FXOpen is eager to achieve this both through FXOpen’s internal dispute resolution procedures, and through review of such issues by reputable 3rd party regulatory bodies, such as the Financial Commission. For more information on the regulator see www.financialcommission.org/ Best Regards, FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) FXOpen News here.
  17. Time for Great Country to Take up Challenge – Russian Forex Championship Gets Started This fall FXOpen together with ForexCup – a popular project of competitions for Forex traders – opens a new season of regional Forex Championships. And this time you will definitely be surprised! This year has become memorable for ForexCup traders due to the Asian Forex Championship that has gathered a lot of people together. Forex community has also been attracted to the Forex Championships held in Ukraine and Moldova. And, undoubtedly, the time for another huge event has come – we invite you to join the Russian Forex Championship! It is not a mere coincidence that Russia has been chosen a playground for the Championship. This country is sure to be the motherland of thousands of talented traders who may wish to enter the improvised battle-field to demonstrate their trading strategies and professional skills and will do their best to gain the win. The participation in the Championship promises good prizes thus, three best traders will be awarded PAMM ECN accounts with large deposits credited by FXOpen. That will be a good start-up capital that may bring healthy profit in the future. There will also be a great bonus pool of US$ 4000 that will be divided among the most successful contestants (to be eligible for a bonus one has to make no less than 20% of profit during the competition). Note please, that there is no entry fee for the Russian Forex Championship. REGISTRATION Key dates: September 16, 2013 – the registration starts; November 3, 2013 – the registration ends; October 7, 2013 – the Championship starts; November 29, 2013 – the Championship ends. Prizes*: 1st place – PAMM ECN account with US$3,000 balance + bonus; 2nd place – PAMM ECN account with US$1,800 balance + bonus; 3rd place – PAMM ECN account with US$1,200 balance + bonus. Bonuses: The bonus fund of the competition totals US$4,000. At the end of the contest all the participants, having increased their start-up deposit by 20% or more, will get 1% of the profit made. Competition terms: Participation: free (only Russian residents may participate in the Championship); Trading instruments: 49 currency pairs; Trading platform: MetaTrader4 (download); Competition account: Demo ECN; Initial deposit: US$5,000; Leverage: 1:100; Expert Advisers: allowed; Locking: allowed; Trading volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 5; Number of orders and their volume to be bonus-eligible: 30 orders totaling 30 lots; The competition key dates comply with ForexCup server time (GMT+3). Prize withdrawal, bonus withdrawal, bonus calculation - all these details HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website. * - Prizes are not withdrawable and can be used for trading only. Profits can be withdraw any time via any suitable payment system.
  18. Three T of Traders Success: the 3rd Prize Winner of Asian Forex Championship Shares his Trading Secrets Asian Forex Championship appeared to be the most outstanding forex-contest, launched by FXOpen. Hundreds of traders from 53 Asian countries have participated in it driven by the desire to win. Three strongest participants were awarded the main prizes i.e., all of them received PAMM ECN accounts registered with FXOpen along with good financial bonuses. All the prize winners shared their impressions of the contest and finally, the third place keeper has agreed to reveal some of his trading secrets. During the Championship the trader made 1294% of profit and was awarded a PAMM account with $US1, 020 in it. Could you please tell us a few words about yourself? My name is Sensenati. I am 30 years old and I am married. I am from Jordan, I live in Tabrboor city. I work in the Interior Ministry of Jordan. Could you please describe your way in Forex? Two years ago one of my friends told me about his experience of Forex trading. It seemed interesting to me and decided to join some Forex courses here in Jordan. I also took private lessons of Forex trading. Do you trade with real money? Are you successful in it? I am just about to start trading in a real FXOpen account! Thanks to the contest Ive got this opportunity though, I have already tried real trading with other brokers. What is trading for you: your main source of income or just nice pastime, which provides you with some additional money? Forex-trading is a good addition to my full-time job. How did you learn about ForexCup forex-contests? I have come across the mentioning of ForexCup in some online ads and immediately decided to try. What in your opinion are the advantages and disadvantages of ForexCup competitions? What would you change in the project? Do you have any suggestions? What I like about ForexCup most is that it provides a trader with everything that is needed i.e., its easy to register for a contest; all competitions are well organized while trading terms are favorable and attractive. As for the weak points, I would mention a fixed leverage, the necessity to register at FXOpen forum and the restriction of no more than 5 positions at a time thats what I think worth changing. This Championship was one of the biggest ForexCup events. What made you join this competition? I had a strong desire to participate in the contest thats how I decided to join the Championship. We know that you have already participated in 1 contest before the Championship what encourages you to try again? Some time ago I tried forex-contests organized by other broker. Thats why I decided to join I had enough confidence in myself. Were you afraid of the competition scale? Did you follow the results of your competitors? At first I didnt follow the results of other participants. But when I smelled the spirit of competition in the air I started analyzing the behavior of other traders. How did you make your trading decisions? Were they informed, risk averse or did your actively pursue risk? Most of my trading decisions were carefully thought over while based on technical analysis, news and indicators. But I also took up risk and I liked it. Did you dream about the victory or you were sure that you would win? In the beginning of the contest I was dreaming about prizes and bonuses. But I didnt dare to think of such a high place. According to the contest statistics, you have made 25 trades, of which a large percentage belongs to JPY. Is it your favorite trading instrument? How did you choose it? What other instruments do you prefer trading? I have settled on JPY pairs as they are usually more volatile than others. As for my regular trading habits, I prefer gold. All your trades were profitable. We wonder if it has taken you long to work out a profitable strategy? What is it based on? My trading strategy is based on indicators, news trading and technical analysis. Actually, I am still working on its improvement. What did you feel at the end of the contest after your leadership had been proved? I was happy about it. As for me, it was unusual experience. Most of my ambitious expectations came true. You were awarded with a PAMM ECN account with a healthy deposit are you satisfied with this method of reward or would you prefer prize money only? I am glad to become a PAMM ECN account Manager, because I have never tried ECN trading before. I hope I will be successful in it. Do you have any plans for how you will manage your PAMM ECN account? I want to try not only managing, but also investing in a PAMM. And I will also offer my family and friends to join me. Are you going to participate in forex-contests again, after winning such a great title? I am sure I will, because ForexCup contests are great experience for any trader. What advice can you give to beginners and to those who are planning to join ForexCup contests? First of all, you should be disciplined in everything related to trading. Work on yourself and dont be greedy. If you want to invest, use only the money you can afford losing in case of a failure. Remember that traders success is based on three T: Training, Training and again Training. ForexCup News!
  19. Three “T” of Traders’ Success from the 3rd Prize Winner of Asian Forex Championship Asian Forex Championship has become the most outstanding forex-contest, recently held by FXOpen. Hundreds of traders from 53 Asian countries have fought for the main prizes provided by the broker. Three strongest participants were awarded good financial bonuses along with PAMM ECN accounts registered with FXOpen. The 1st and 2nd prize winners have already shared their impressions of the contest and finally, the third place keeper has agreed to reveal some of his trading secrets. During the Championship the trader made 1294% of profit for which he received a PAMM ECN account with $US1,020 in it. FXOpen team have contacted the trader and asked him a few questions. FXOpen: Could you please tell us a few words about yourself? Winner: “My name is Sensenati. I am 30 years old and I am married. I am from Jordan, I live in Tabrboor city. I work in the Interior Ministry of Jordan.” FXOpen: Could you please describe your way in Forex i.e. how you began, developed, made your first profitable trade, etc.? Winner: “Two years ago one of my friends told me about his experience of Forex trading. It seemed interesting to me and decided to join some Forex courses here in Jordan. I also took private lessons of Forex trading.” FXOpen: How did you learn about the ForexCup forex-contests? Have you ever participated in contests organised by other brokers? Winner: “I have come across the mentioning of ForexCup in some online ads and immediately decided to try. Some time ago I tried forex-contests organized by other broker. That’s why I decided to join the Championship – I had enough confidence in myself.” FXOpen: What in your opinion, are the pros and cons of ForexCup competitions? What would you change in the project? Winner: “What I like about ForexCup most is that it provides a trader with everything that is needed i.e., it’s easy to register for a contest; all competitions are well organized while trading terms are favorable and attractive. FXOpen: This Championship was one of the biggest ForexCup events. What made you join this competition? Winner: “I had a strong desire to participate in the contest – that’s how I decided to join the Championship.” FXOpen: How did you make your trading decisions? Were they informed, risk averse or did your actively pursue risk? Winner: “Most of my trading decisions were carefully thought over while based on technical analysis, news and indicators. But I also took up risk and I liked it.” FXOpen: “According to the contest statistics, you have made 25 trades, of which a large percentage belongs to JPY. Is it your favorite trading instrument? Why did you choose it? What other instruments do you prefer trading?” Winner: “I have settled on JPY pairs as they are usually more volatile than others. As for my regular trading habits, I prefer gold.” FXOpen: “All your trades were profitable. Did it take you long to work out a profitable strategy? If so, what is the essence of it?” Winner: “My trading strategy is based on indicators, news trading and technical analysis. Actually, I am still working on its improvement.” FXOpen: You were awarded with a PAMM ECN account with a healthy deposit – Are you satisfied with this method of reward or would you prefer prize money only? Winner: “I am glad to become a PAMM ECN account Manager, because I have never tried ECN trading before. I hope I will be successful in it.” FXOpen: Do you have any plans for how you will manage your PAMM ECN account? Winner: “I want to try not only managing, but also investing in a PAMM. And I will also offer my family and friends to join me.” FXOpen: Will you participate in forex-contests again, after such a great performance? Winner: “I am sure I will, because ForexCup contests are great experience for any trader.” FXOpen: What advice can you give to beginners and those who are planning to join ForexCup contests? Winner: “You should be disciplined in everything related to trading. Work on yourself and don’t be greedy. If you want to invest, use only the money you can afford losing in case of a failure. Remember that trader’s success is based on three “T”: training, training and again training.” Best regards FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow our Company News.
  20. Currency Week at ForexCup – Five Days without Metals ForexCup free weekly competitions are viewed as one of the most popular Forex projects. As usual ForexCup team has prepared another interesting contest that is already open to everybody. Judging by the previous competitions, any restrictions have not prevented Forex traders form their active participation. The project amateurs gladly traded both traditional and exotic instruments. They also demonstrated excellent trading skills in the contest held on two currency pairs only. This time the terms of the competition are very simple i.e., all trading tools are available in the contest but not for the metals. The participants will have 49 currency pairs and the ability to choose any trading instrument themselves. There will be 6 prizes, a US$1,100 bonus pool and 5 breathtaking days of competition with other talented traders from all over the world. Grab your chance to make this fall profitable with ForexCup! REGISTRATION Key dates: September 23, 2013 – registration ends; September 23, 2013 – competition starts; September 27, 2013 – competition ends; September 30, 2013 – summing-up. Prizes: 1st place – US$200 + bonus; 2nd place – US$100 + bonus; 3rd place – US$40 + bonus; 4th place – US$20 + bonus; 5th place – US$20 + bonus; 6th place – US$20+ bonus. Bonuses: 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 80 % or more. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250. Terms of the contest: Free participation; 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: ECN demo; Start-up deposit: US$5,000; Leverage: 1:100; EAs: allowed including FXOpen OneClickTradingLevel2 Plugin; Locking: allowed; Lot volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. 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. - 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. For full details of prize withdrawal, bonus withdrawal, bonus calculation - click HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website.
  21. FX Insight! Test Your Luck! Hit the Mark! (EUR/USD on 21.09.2013) FXOpen regularly holds a competition where the winner can get $30. Currency pair: EUR/USD Date for determination of the course: closed at 22:59 20.09.2013 (terminal time) Acceptance of rates will be ended: September, 17 Date of announcement the winner’s name: September, 23 Prize: $30 How to participate? You have to leave a message at FXOpen.com forum with your prediction for exchange quotation concerning the currency pair, mentioned in the competition. Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition Guess the exchange rate 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ beds should be no less than 5 points. For example, if there has been already made a bet for 1.3100, all other participants should choose variants not closer than 1.3095 or 1.3105; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one prediction; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the prediction, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 4 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule spreads between participants’ beds should be no less than 5 points. Go to the Contest Page Here! ForexCup Announcement
  22. Profitable WeeK 09/09/2013-09/13/2013 Welcomes New Participants Monday, 2nd September 2013, registration for another weekly competition has been opened thus, the contest Profitable WeeK 09/09/2013-09/13/2013 is waiting for its new participants. The competition will be held between 9th September and 13th September 2013. During 5 trading days all contestants should increase their start-up deposit of US$5,000 as much as possible. The starting capital will be available on the first day of the competition - 9th September. The advantages of the contest: 1. Free participation; 2. 7 prizes; 3. US$1,100 bonus pool; 4. 8 traditional currency pairs as trading tools (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP); 5. EAs welcomed. Test your luck in a weekly competition at ForexCup! Isn’t it a good chance to start your way to success? REGISTRATION Key dates: September 9, 2013 – registration ends; September 9, 2013 – competition starts; September 13, 2013 – competition ends; September 16, 2013 – summing-up. Prizes: 1st place – US$200 + bonus; 2nd place – US$100 + bonus; 3rd place – US$40 + bonus; 4th place – US$24 + bonus; 5th place – US$16 + bonus; 6th place – US$12+ bonus; 7th place – US$8+ bonus. Bonuses: 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 80 % or more. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – US$250. Terms of the contest: Free participation; Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP; Trading platform: MetaTrader 4 (download); Contest account: ECN demo; Start-up deposit: US$5,000; Leverage: 1:100; EAs: allowed including FXOpen OneClickTradingLevel2 Plugin; Locking: allowed; Lot volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. 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. - 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. For full details of prize withdrawal, bonus withdrawal, bonus calculation - click HERE. Useful links: - How to participate in competitions; - Competition Rules; - FAQ; - Guide on ForexCup Prizes and Bonuses. - Contest’s Forum thread. - Announcement at ForexCup website.
  23. FXOpen Holds Forex Article Contest FXOpen a leading broker in Forex would like to inform its customers about the launch of the Forex Article Contest. This competition is scheduled to be held between 1st September and 1st October 2013. The Forex Article Contest[/b] is an excellent opportunity for Forex traders and spectators alike to discover hidden talents, revealing a creative personality by writing about market activity. Trading activity is not obligatory for participation in the competition i.e., the text content is the main focus. To participate in the contest simply send an article dedicated to Forex that will be judged in one of two categories, being “Forex Theory” and “Forex Success Story.” Category has its own requirements. Forex success stories may also be of a humorous construction and may describe your personal experiences in Forex.“Forex Theory” requires a more academic approach and should demonstrate a deep understanding of the market and its principles. Authors of the most outstanding articles will be awarded with prizes totaling US$1,400! The winner may receive between US$250 to US$500 depending on the category they choose. Prize winners will be determined by voting held in FXOpen Facebook i.e., your fellow traders will directly influence the contest results. For further details on contest terms, please, visit the FXOpen Forum. Best regards FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow our Company News.
  24. Interview with the 2nd Prize Winner of the Asian Forex Championship The summer of 2013 was notable for an outstanding event – The Asian Forex Championship –held within the ForexCup project. The event attracted approximately 1,600 traders from 53 countries in the Asian region, all competing for great prizes and bonuses provided by FXOpen. All contestants demonstrated great trading skills, dexterity and a deep knowledge of market specifics. All results were achieved by the efforts of each participant, while some traders were awarded for their excellent performance. Farid Ikram Bin Ahmad Zabidi from Malaysia won the 2nd prize. During eight weeks of trading he made an outstanding 1,355% profit. Small margins separated him from first place generally keeping pace with the eventual winner. Farid is a deserved 2nd prize winner and a PAMM ECN Account Manager. We contacted this exceptional trader and asked him a few questions about his participation in the Championship and his trading experience in general. FXOpen: “Could you please tell us a few words about yourself?” Winner: “I am 28 years old. I am married with a cute daughter who is almost two-years old. I am from Perak, Malaysia. I work as an Assistant Technician Officer in Telekom Malaysia and my hobby is fishing.” FXOpen: “Could you please describe your “way in Forex” i.e. how you began, developed, made your first profitable trade, etc.?” Winner: “I started trading in Forex about 5 years ago, when a colleague of mine told me about this alternative source of income. Then I joined some Forex courses and thematic groups in Facebook. I made my first profit in 2011.” FXOpen: “How did you learn about the ForexCup forex-contests? Have you ever participated in contests organised by other brokers?” Winner: “I came across ForexCup when surfing one of my favorite forums. I’ve also participated in other brokers’ contests, but I was not lucky there.” FXOpen: “What in your opinion, are the pros and cons of ForexCup competitions?” Winner: “What I like about ForexCup most is that there is no need to deposit any money. The rules are clear and simple and the rewards are worth fighting for. Personally, I see no disadvantages.” FXOpen: “This Championship was one of the biggest ForexCup events. What made you join this competition?” Winner: “I should say that it was a real challenge for me. I knew there would be hundreds of participants and strong competitors from all Asian countries. But in the end I came second– and I assure you, I had no idea that I could win.” FXOpen: “How did you make your trading decisions? Were they informed, risk averse or did your actively pursue risk?” Winner: “Most of my trading decisions are based on technical analysis, so, I have to think them over carefully. But as a human being I make risky decisions at times.” FXOpen: “According to the contest statistics, a large percentage of trades were made on GBPJPY– is it your favorite trading tool? Why did you choose it? What other instruments do you prefer trading?” Winner: “EURUSD is my favorite currency pair, but it is not that volatile, so, I settled on GBPJPY. Sometimes I used EURJPY, even though it was more risky but high risk means high return. As for live trading, I opt for gold.” FXOpen: “You had just a few losing trades. Did it take you long to work out a profitable strategy? If so, what is the essence of it?” Winner: “From my point of view a profitable strategy should be based on careful analysis and risk management. When participating in the contest I used the mix of two strategies: KGBS TS-Kang Gun Buyer Seller Trading strategy and my own strategy, but I am still working on it.” FXOpen: “You were awarded with a PAMM ECN account with a healthy deposit – Are you satisfied with this method of reward or would you prefer prize money only?” Winner: “I’ve got my prize - that matters. And I am happy about being a PAMM ECN Account Manager.” FXOpen: “Do you have any plans for how you will manage your PAMM ECN account?” Winner: “Yes, I have some plans. I want to develop the account, enlarge the balance and attract investors to it.” FXOpen: “Will you participate in forex-contests again, after such a great performance?” Winner: “As soon as I have some free time, I will join ForexCup contests again.” FXOpen: “What advice can you give to beginners and those who are planning to join ForexCup contests?” Winner: “Do understand that you enter a risky world of Forex trading. Work on yourselves, control your emotions and try to avoid unnecessary risks. And remember that you can be successful only if you never give up – make it your motto. And I am sure, one day you will win!” Best regards FXOpen NZ Limited Customer Service E-mail: [email protected] FXOpen Live Chat (24/5) Follow our Company News.
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