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Use your Competitiveness in Profitable Week (September, 17-24)




Profitable Week is the most popular ForexCup competition for several reasons: no entry fees, US$1,600 prize and bonus budget, and 10 prize-takers.
 Seems like a dream? We assure you, it is real. Thousands of traders have already participated in the competition, some of which have become regular contestants while others upgraded their demo accounts to real ones to profit from trading on a daily basis.

Participate in Profitable Week!



Apart from the advantages above, the contest is a great opportunity to shape up trading skills with no financial risks, test your trading strategy and compete with traders from around the globe.

Competition details:
  • 5 trading days;
  • 50 trading instruments;
  • 10 prize-takers;
  • Additional bonuses;
  • An opportunity to use locking.
Key dates:
  • September 5, 2014 – registration starts;
  • September 17, 2014 – registration ends;
  • September 17, 2014 – competition starts;
  • September 24, 2014 – competition ends;
  • September 25-26, 2014 – summing-up.

Prizes:
  • 1st  place – US$250 + bonus;
  • 2nd  place – US$85 + bonus;
  • 3rd place – US$50 + bonus;
  • 4th place – US$30 + bonus;
  • 5th place – US$25 + bonus;
  • 6th place – US$20 + bonus;
  • 7th place – US$20 + bonus;
  • 8th place – US$15 + bonus;
  • 9th place – US$15 + bonus;
  • 10th place – US$15 + 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 70 % 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, USDCNH.
  • Trading platform: MetaTrader 4 (download);
  • Contest account: competition ECN;
  • Start-up deposit: US$5,000;
  • Leverage: 1:100;
  • EAs: disabled;
  • 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.

Additional restrictions:
  • Total trades minimum quantity: 5
  • Total trades minimum volume (lots): 5
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.
Useful links: 
  • How to participate in competitions
  • Competition Rules
  • FAQ
  • Contest’s Forum thread
Best of luck!
Follow ForexCup Facebook page for contests announcements, interviews and motivation.


This post first appeared on Forex And Stock Encyclopedia, please read the originial post: here

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Use your Competitiveness in Profitable Week (September, 17-24)

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