Thread: ForexCup Competitions in 2015

ForexCup is trading contests platform that allows FX newcomers to get the feel of MT4 platform and try out the basic Forex tactics and strategies. Small and moderate entry-fees (from 1 to 10 USD), exciting conditions and real money prizes lure both professional and would-be traders.


In 2014 ForexCup team introduced two new major contests:


• - 2014 Asian Forex Championship – the biggest competition that brought together 1251 traders from all over the world;
• - CryptoMania – a new competition focused on cryptotrading.


As well as held regular competitions:


• FX Market *******.
• Scalping Virtuoso.
• Profitable Week.
• FX Insight.


We are looking forward to 2015.

Forex Finals: New ForexCup Tournament on Live Accounts

In the search for talented PAMM *******, ForexCup starts new tournament with PAMM Account with US$5000 deposit as the main prize.


What is Forex Finals?


Forex Finals is a long-duration ForexCup competition on Live accounts. The tournament is a kind of trading exam session that allows the participants to assert themselves as professional traders.


A contestant who managers to pass all the exams – get the highest grade in the tournament – will graduate as an Ultimate Champion and become PAMM ECN Provider with FXOpen.

Main conditions of Forex Finals:


• 6 tours.
• 1 tour = 4 weeks.
• 1 time application. The traders participate in each new tour automatically.
• No restrictions! The participants are permitted to use any trading instruments available on FXOpen STP accounts. Any trading strategies, Expert Advisors, autotrading, hedging, scalping are allowed.


Go to the Forex Finals description thread to get the detailed information on the Forex Finals terms or keep reading about the first tour.


The winners


The prize-takers will be determined based on the total amount of the points received during the tournament. The participants get points according to the following system:
• 1 place – the maximum profit received – 25 points;
• 2 place – 18 points;
• 3 place – 15 points;
• 4 place – 12 points;
• 5 place – 10 points;
• 6 place – 8 points;
• 7 place – 6 points;
• 8 place – 4 points;
• 9 place – 2 points;
• 10 place – 1 points.


Tour I
Today we welcome you to join the first tour of Forex Finals. The competition starts on February 16. The prize fund of the round is US$1300. The winner gets PAMM STP with US$1000 deposit. The contestants to finish in the second and third places will get US$200 and US$100 accordingly.


Are you ready to pass your trading exam and become a successful PAMM Master? Register for the competition!

I think these days there are many competitions and offers for the traders around the world from the Brokerage houses to attract those clients for best possible results, It's good to have these offers from different Companies because in the end it will help all the traders in the market.

Profitable Week is Back with Optimized Conditions

Profitable Week is a traditional ForexCup contest that has been upgraded several times. All the changes to the competition conditions were aimed to improve your experience and whet appetite for the contest. ForexCup team has approved some of the changes, while the others were called off. Now the “Profitable Week” contest is back in its optimal shape.

The US$1,500 prize and bonus pool is at stake this time. Each contestant who increases the start-up deposit by at least 70% will get a bonus for succsessful trading. 7 winners will share the US$500 prize fund as follows:

• 1st place – US$250 + bonus;
• 2nd place – US$100 + bonus;
• 3rd place – US$50 + bonus;
• 4th place – US$40 + bonus;
• 5th place – US$30 + bonus;
• 6th place – US$20 + bonus;
• 7th place – US$10 + bonus.

The Profitable Week conditions are most attractive for both entry-level and experienced traders. A no entry fee makes the competition affordable for would-be traders, while a good many of participants makes the competitiveness somewhat intense.

5 trading days is a convenient time-frame to make your trades yield profits. Contestants can apply locking and EAs to simplify the decision-making process.

Register for the competition!

Key dates:

• February 16, 2015 – registration starts;
• February 25, 2015 – registration ends;
• February 25, 2015 – competition starts;
• March 4, 2015 – competition ends;
• March 5-6, 2015 – summing-up.

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 at least 70%.
• Declared bonus budget – US$1,000. The maximum bonus for 1 participant – US$250.

Terms of the contest:

• Free to participate;
• Trading instruments: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP.
• 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.

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.

Useful links:

• How to participate in competitions;
• Competition Rules;
• FAQ;
• ForexCup Facebook;
• ForexCup Twitter.

The Spring Round of FX Market *******

ForexCup team arranged for you many trading competitions this spring. Clear your schedule for FX Market ******* March. The contest kicks off on March 9.


FX Market ******* is a Forex competition on Demo Accounts. To enter the tournament you need to register and pay an entry fee of US$10. We invite the participants to plunge into the fascinating world of currencies' price fluctuations and test your Forex knowledge.


You can reach the following aims in FX Market ******* March:

• Financial goals. Win the main prize – FXOpen PAMM with US$1000 deposit and bonuses for effective trading. If you manage to increase the start-up deposit by at least 10%, you will receive 1% of the profit made. Apply yourself! The bigger the profit you make the larger your bonus is.
• Training aims. Are you too prudent to try out a new strategy on a Live Account? Then the long-term contest on Demo is what you need! Test promising trading technics in the competition with no financial risks.
• Ambitious objectives. Get the main prize and join the pool of FXOpen PAMM *******. Provide your trading strategy to the PAMM Slaves and get commission!

Start growing your profits. Register for 4-week long competition!

[IMG]https://lh4.googleusercontent.com/-QEAUF5duzp0/VOxAtv5spII/AAAAAAAAAX0/A685D-GjtUI/w700-h335-no/FX%2BMarket%2B*******%2BMarch%2B2015_Main-16.png[/IMG]

Important! You are required to have at least US$10 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.

Tell your friends about the FX Market ******* March!


Join the contest!


FX Market ******* March 2015 Terms:


Key dates:

• February 23, 2015 – registration starts;
• March 23, 2015 – registration ends;
• March 9, 2015 – competition starts;
• April 3, 2015 – competition ends;
• April 6, 2015 – summing-up.

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 10% or more;
• Declared bonus budget US$3,000.

Terms of the contest:

• Entry fee: US$10;
• 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.

Additional restrictions:

• Total trades minimum quantity: 20;
• Total trades minimum volume (lots): 20.

Dear Traders,
Please, pay your attention to the fact 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 provide with the question list).

Useful links:

• How to participate in competitions;
• Competition Rules;
• FAQ;
• Guide on ForexCup Prizes and Bonuses;
• ForexCup Facebook page.

Profitable Week Welcomes Traders at No Charge


A free to enter trading contest starts March 11, and it is bound to be a large-scale competition. So what are the main advantages that draw the participants to Profitable Week?


Why join?

• No entry fee equals no financial risks. Be as bold as you wish in your trading , aim high, and try out new FX tactics safely.
• Real-money prizes. All the prizes and bonuses are added to your Live Account. The prize fund totals US$500 and will be distributed among 8 winners. The bonus fund amounts to US$1000. Every participant who increases the deposit by 70% or more, gets 1% of the profit.

Register now!

Challenges:

• Strong but friendly rivalry. A big number of contestants ensures that contest won’t be easy to win. Lay yourself out to win the main prize!
• Higher than usual volatility. The Forex market remains relatively fickle, increasing the risks for the live traders. The only risk you face in Profitable Week is not winning the main prize.

The prizes:

• 1st place – US$250 + bonus;
• 2nd place – US$75 + bonus;
• 3rd place – US$50 + bonus;
• 4th place – US$40 + bonus;
• 5th place – US$30 + bonus;
• 6th place – US$25 + bonus;
• 7th place – US$20 + bonus;
• 8th place – US$10 + bonus.

Key dates:

• March 3, 2015 – registration starts;
• March 11, 2015 – registration ends;
• March 11, 2015 – competition starts;
• March 18, 2015 – competition ends;
• March 19-20, 2015 – summing-up.

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 at least 70%.
• Declared bonus budget – US$1,000. The maximum bonus for 1 participant – US$250.

Terms of the contest:

1. Free to participate;
2. 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.
3. Trading platform: MetaTrader 4 (download);
4. Contest account: competition ECN;
5. Start-up deposit: US$5,000;
6. Leverage: 1:100;
7. EAs: allowed;
8. Locking: allowed;
9. Lot volume: from 0.1 to 1 (maximum 1 lot per order);
10. 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.

Useful links:

• How to participate in competitions;
• Competition Rules;
• FAQ;
• ForexCup Facebook;
• ForexCup Twitter.

Forex Finals Results: Lesson Learned in Tour I

The 1st round of “Forex Finals” tournament ended. It was an empowering experience for all the participants, including ForexCup team. We intently watched the contestants on their way to the final straight.
It was a satisfying experience for the tour front-runners. The contest on Live Accounts yielded real profits. In addition to money, the top-10 partakers got the competition points. We will tally the points to determine the ultimate champion at the end of Forex Finals Tour VI. Remember, the tournament winner will get PAMM ECN with US$5000 deposit! The leaders of each Forex Finals tour get the prizes too.


The winners of the Tour I:
1. Hattabka with 766.27% of profit gets PAMM STP US$1000 + 25 points;
2. gman with 534.46% of profit gets US$200 + 18 points;
3. MaxZ with 192.77% of profit gets US$100$ + 15 points.


Find more statistics on the ForexCup forum!

The key takeaways of the first tour
Four weeks of trading on Live Accounts can be a valuable experience. The rapid shift of the prime contenders showed that there are some lessons to be learned.


At first, one of the strongest candidates for the first place in the contest was indomy from Egypt. The trader increased the start-up deposit to more than 353% of profit. Later he couldn’t rein in the losses and gave the way to the other participants. Many contestants made the same mistake.


However, we have the winners who managed to increase the deposit and keep it that way!


Here are the leaders of the Forex Finals Tour I:
4. 658411 with 120.61% of profit - 12 points;
5. 658727 with 97.16% of profit - 10 points;
6. 658032 with 88.92% of profit - 8 points;
7. 658300 with 73.36% of profit - 6 points;
8. 658030 with 67.33% of profit - 4 points;
9. 658363 with 37.39% of profit - 2 points;
10. 658284 with 35.67% of profit - 1 point.


We congratulate the winners and the participants alike. It was a great pleasure to watch you yielding the profits and competing for the main prize!
Will the same mistake occur in the Tour II? We’ll see! The second round of “Forex Finals” tournament starts on March 23. Join now!

Get into the Tour II of Forex Finals

We welcome traders to join Forex Finals, the new ForexCup tournament on Live Accounts. The second tour of the tournament will be held starting from March 23d through April 17th.
The winner of each tour becomes a PAMM STP Provider (analog to PAMM account Manager) with a deposit of $1,000 (the prize is subsidized by FXOpen). You also have a chance to win the whole tournament and become a PAMM ECN Provider with $ 5,000 on the account. This chance is higher, the sooner you begin to participate in the tournament!

Main conditions of Forex Finals:

• 6 tours;
• 1 tour = 4 weeks;
• 1 time application. After registering in any of the tours a trader automatically takes part in all the remaining tours;
• No restrictions!

Participating in a tour traders can easily use:

• any trading instruments available on FXOpen STP accounts;
• any trading strategies;
• Expert Advisors (AEA, MEA, etc.);
• any other standard application for MT4.

Go to the ForexCup forum to get the detailed information on the Forex Finals terms or keep reading about the second tour.

Prizes and Points
Depending on the profit size gained in a tournament participant receives a certain number of points. Points are then summed up and the total result is counted determining the winner.

• 1 place – the maximum profit received – 25 points;
• 2 place – 18 points;
• 3 place – 15 points;
• 4 place – 12 points;
• 5 place – 10 points;
• 6 place – 8 points;
• 7 place – 6 points;
• 8 place – 4 points;
• 9 place – 2 points;
• 10 place – 1 point.

Tour II is not Far Off!
You are welcome to take part in the 2d Tour of Forex Finals starting on the 23d of March. The prize fund of the tour 2 is US$1300. The winner becomes a holder of US$1000 PAMM STP account with FXOpen. The contestants to finish in the second and third places get US$200 and US$100 accordingly.


Forex Finals as a snap training course of trading on PAMM
Forex Finals is a long-term Forex tournament on Live accounts. For the duration it is comparable with PAMM account management performed by an average skilled trader. In fact, you are taking the exam for the right to manage PAMM account, i.e. other traders’ investments in Forex. Therefore, you get a certificate of professional provider.
Prove that you are ready to pass your trading exam and become a successful PAMM Master! Join the competition!

Forex Analyst Won Tour II of Forex Finals

The second tour “Forex Finals” turned out to be a challenging round.


Trading on Live Accounts is the distinctive feature of the tournament. The participants face all the risks Forex professionals know too well. Consequently, the Tour II results demonstrate that it is not easy to gain profit, and it is even harder to maintain it.

The winner of the Tour II is Forex analyst DanaS7 with 345.27% of profit. Dana spurted into the lead in the last week of the tour, leaving her competitors behind. Sheflera, who once was the main contender with more than 665% of profit, didn’t cope with the market movements and lost her position in the leaderboard.


After four weeks of the contest, only four traders managed to increase the start-up deposit by at least 20 percent and made it into the tournament bracket. Only fifteen out of fifty-four participants still have the required 50 USD or more on their account and may take part in the third tour of Forex Finals with no additional funding. The rest of the participants need to top up the competition account.


The prize-holders of the Tour II are:

• DanaS7 with 345.27% of profit wins PAMM STP with USD1000 deposit and 25 points;
• a2204 with 193.44% of profit gets USD200 and 18 points;
• robinzon with 68.92% of profit wins USD100 and 15 points.

We congratulate the winners and hope that the competition made the everyday trading more fun. We expect to see everyone in the Tour III that starts on April 27. Remember, thanks to one-time application, there is no need to register for the second time. Just make sure you have USD50 on the competition account and trade as usual.


In the meantime, join free to participate contest on Demo. Profitable Week kicks off on April 29.Register here!

Forex Finals: Tour III Takes Place from April 23 to May 22

Do you think you are ready to become a successful PAMM Provider? Are you thinking about switching from а Demo to a Live Account? You can do both in the upcoming round of “Forex Finals” tournament starting April 27!

Forex Finals specifics
Forex Finals is a long-term Forex competition that consists of six tours. The participants trade on Live Accounts in the usual mode. The main goal is to increase the star-up deposit as much as possible in the hopes of winning one of the prizes. The start-up deposit is just 50 USD.

The main prize of the tournament is PAMM ECN with 5000 USD deposit. The winner will be determined based on the total amount of the points received throughout the whole competition. The contestants get points according to the following system:

• 1 place – the maximum profit received – 25 points;
• 2 place – 18 points;
• 3 place – 15 points;
• 4 place – 12 points;
• 5 place – 10 points;
• 6 place – 8 points;
• 7 place – 6 points;
• 8 place – 4 points;
• 9 place – 2 points;
• 10 place – 1 points.

Please, note that the participants need to increase the start-up deposit by at least 20 per cent to receive the points and get into the final tournament bracket.
Reasons to join Forex Finals:

1. Each round offers the opportunity to win one of the real money prizes.
2. Forex Finals is a great training course that will facilitate your transition from Demo to Live Accounts.
3. The victory in a single round may jump-start your career as a PAMM Provider with FXOpen.

The third tour starts on April 27. Registration is available for as long as the tournament is underway. 1-time application allows the contestants to participate in each consecutive tour automatically!

The main conditions of Tour III

• 4 weeks of trading on Live STP Account.
• No restrictions! You can use any instruments available on STP accounts. Apply any trading strategies, enable Expert Advisors or autotrading. Scalping and hedging are permitted as well.
• The prizes: PAMM STP with USD1000 for the winner, USD200 for the 2nd place, USD100 for the 3d place, USD50 for the 4th and the 5th places.

Register for the competition and prove that you are ready to pass the trading exam and become the ultimate Champion. Read all about the tournament terms here.