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Welcome to Scalping Virtuoso-11



ForexCup team welcomes you to the next round of the Scalping Virtuoso competitions! If you'd like to test and improve your scalping techniques, this contest is for you! A unique experience at Forex is guaranteed!
Scalping Virtuoso is a growth area for Forex traders who can safely test scalping strategies and improve their trading skills. It could also be a good start for those making their first steps in Forex and willing to check how profitable and effective the method of scalping could be. A wide range of opportunities with minimum risk is what makes the essence of this competition. The only loss you may incur is a US$5 entry fee, which it so insignificant compared to the potential gains the contest promises.
By participating in the competition you get:
  • An opportunity to compete for one of the 8 prizes and the rewards associated with them;
  • An opportunity to make 50% of the bonus fund sum or of the guaranteed prize in exchange of a token fee for participation in the contest;
  • An opportunity to scalp with no restrictions;
  • A wide choice of financial instruments - up to 50 currency pairs;
  • A most suitable time frame - up to 5 days of contest trading.

THE REGISTRATION IS ALREADY OPEN!

Why not join Scalping Viruoso-11 and master your scalping techniques with ForexCup? Say "Yes" to new opportunities!

What should you know about the competition?

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:
  • July 21, 2014 - registration starts;
  • July 30, 2014 - registration ends;
  • July 28, 2014 - competition starts;
  • August 1, 2014 - competition ends;
  • August 4, 2014 - summing-up.
Prizes:
  • 1st place - 50% *;
  • 2nd place - 20% *;
  • 3rd place - 14% *;
  • 4th place - 7% *;
  • 5th place - 3% *;
  • 6th place - 2% *;
  • 7th place - 2% *;
  • 8th place - 2% *
*- of the bonus fund sum or of the guaranteed prize if the competition prize pool is lower than US$300

Terms of the contest:
  • Entry fee - US$5;
  • Guaranteed prize fund: US$400
  • 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: allowed;
  • 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 prizes and bonuses;
  • Contest forum thread.


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

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Welcome to Scalping Virtuoso-11

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