Profitable WeeK 04/02/2012-04/06/2012 – FXOpen’s new weekly Forex trading contest. Register until April 1st! The contest will be held from April 2nd till April 6th, 2012.Attention: all traders in this competition, who have a profit of 35% and more, will be awarded with real money bonuses. The winner receives $ 200 prize and his trading bonus at a time. The number of traders who get bonuses is not limited, so every participant has a chance to get real money. Sounds interesting? Hurry to register!
Registration for the contest is open until April 1, 2012.
Contest will be held from April 2nd till April 6th.Terms for bonus receiving
A bonus a trader gets to his real trading account is equal to one percent (1%) of his profit gained.
For example, if a trader earns $ 5000, his account will be deposited with $ 50 bonus.
However, there are some limitations:
- The amount of bonus for one trader cannot exceed $ 100;
- Bonus can be withdrawn through any payment system available at FXOpen no less than 30 calendar days after it was acquired, 20 completed orders with a minimum duration of 10 minutes are necessary.
The total amount of all bonuses for the competition cannot exceed $ 1,100. In case of exceeding the budget we will reduce the proportion of bonuses for the difference between the actual sum of all bonuses calculated and our budget.
For example, if at the end of the competition the sum of all bonuses for traders is $ 1,500, the sum of actual bonuses paid 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 calculated, for example, $ 1,500
* Attention! Prizes can be withdrawn at any time, in other words, after receiving prize money to your trading account, you can withdraw them through any payment system available at FXOpen, but bonuses can be withdrawn in compliance with the terms described above.
Prize ≠ Bonus (prize and bonus are two different concepts here)
The official web-site FOREXCUP.COM
Forex competitions always helps the traders as they are able to compete against each other and also know which is the best trading system to be used.