Thread: ForexCup Competitions in 2016

FXOpen Compensates 100 % of the commission for deposits

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FXOpen is pleased to announce a summer promotion that will let traders save money. From June 25 to August 31, the broker will be covering 100% of the commission to all company's clients for making deposits to their accounts via any payment system available (except for Bank Wire Transfer). You can check Payments → Funding options section to see the complete list of deposit options.
Now you can avoid additional costs and save money for trading or further investment. Try out our trading instruments such as CFDs and PAMM Service.

Source: FXOpen_news

ETHER LITTLE CHANGED, DASH DOWN

Both Ether and Dash are trading little changed versus bitcoin. Ether is up by 0.11% while Dash is lower by 0.84 percent since last Thursday. Not large moves by any means and especially not for the crypto market which tends to be more volatile than traditional markets.
Ether Little Changed

Ether is quoted little changed vs BTC. The altcoin had a short and uneventful trip below the 0.07 BTC figure on June 30th only to bounce back quickly. We are quoted at 0.07115 BTC right now, not far from where we were trading at on June 28th.
Ether is still in range on the daily charts, we remain in ‘wait and see’ mode here. The shallow break below the previous lows doesn’t count as a trend changer.



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Join "PAMM School" – a Free Forex Contest!

FXOpen invites traders to join "PAMM School" - a free Forex competition for demo accounts. The prize fund of the contest is 4,000 USD. At the end of the contest, the top 20 traders will receive PAMM STP accounts and the right to join a competition on live PAMM accounts "Heroes of PAMM". The competition starts on September 3 and will last until September 28, 2018. Registration is already open.


What you should know about "PAMM School"

• Free participation;
  
• Duration: September 3 - September 28, 2018;
  
• Registration: is already open and will last until September 16;
  
• Prize fund: 4,000 USD;
  
• Initial deposit: 200 USD;
  
• Rewards: 20 best traders will get 200 USD to an investment account*;

• Requirements for getting a prize: the initial deposit has to be increased by at least20%; the minimum quantity of trades is 10;
  
• Trading instruments (including indices, oil and gas): 68;
  
• Locking: allowed;
  
• EAs: allowed;
  
• Maximum number of trades opened at a time (including pending orders): 5;
  
• Maximum trade volume: 0.01 lot
  
• Leverage: 1:100;
  
• Margin call: 100%;
  
• Stop out: 50%;
  
• Account type: demo (competition) ECN.

Please, pay attention to the competition rules and restrictions:

• One and the same participant can hit the top 20 winners and receive a prize not more than once;
  
• It’s prohibited to provide unreliable personal information;
  
• It’s prohibited for one and the same trader to participate in a competition on several accounts from one IP address, as well as to use other traders' accounts;
  
• It’s prohibited to copy other participants’ trading strategies in a competition;
  
• It’s prohibited for relatives to trade in one competition using one and the same IP address.
  

Source: FXOpen_news

FXOpen Increases Margin Requirements for Turkish Lira

Dear Traders,

Due to increasing volatility of the Turkish Lira, FXOpen increased margin requirements for EURTRY and USDTRY up to 25 times their normal level starting from August 12th, 2018.
We will additionally inform you when margin requirements return back to their normal values.
Please, remember, that abnormal market conditions increase the risk of slippage.

Source: FXOpen_news

Hurry up! There are only two weeks left before the end of the promotion.

FXOpen Compensates 100 % of the commission for deposits

hot_summer_2018_en.jpg

FXOpen is pleased to announce a summer promotion that will let traders save money. From June 25 to August 31, the broker will be covering 100% of the commission to all company's clients for making deposits to their accounts via any payment system available (except for Bank Wire Transfer).

Continue reading...

Dear traders!


We remind you that there are six days left before the contest starts.
FXOpen broker invites you to take part in "PAMM School" - a free Forex competition for demo accounts. By joining the contest, you can not only try your hand at trading, but also compete for the real prize money and the right to join a competition on live PAMM accounts "Heroes of PAMM". The total prize fund of the contest is 4,000 USD. The competition starts on September 3. Registration is already open.


Details you can find visiting our site.

Changes to CFD Trading Hours due to US Labour Day

Dear Traders,
Please note that due to the celebration of Labour Day on Monday, September 3rd 2018 in the US trading hours for some financial instruments will be changed as follows:

• Forex pairs: normal trading hours;
  
• Metals: trading session ends at 20:00;
  
• Oil, Gas: trading session ends at 19:45;
  
• Indices:
  
  • Japan 225: until 20:00;
    
  • US SPX 500: until 20:00;
    
  • US SPX 500 (Mini): until 20:00;
    
  • US Tech 100: until 20:00;
    
  • US Tech 100 (Mini): until 20:00;
    
  • Wall Street 30: until 20:00;
    
  • Wall Street 30 (Mini): until 20:00.

Other indices will be traded without changes.
Please, consider this information when planning your trading for the upcoming week.

Source: FXOpen_news

Warning about fraudulent activities

Dear clients,
We are contacting you to make you aware about an increasing amount of fraudulent activity where unidentified individuals are pretending to represent FXOpen and are contacting clients asking for payment of commissions and service fees. FXOpen does not have any hidden costs or charge additional commission or fees as clients pay only the commission stated on the broker's official website.
Please note that we only use @fxopen.com and @fxopenasia.com mail domains for communication with our clients. If you receive an email from FXOpen but from another domain it is most likely to be fraudulent. Also, we draw your attention to the fact that the authentic form of registration with FXOpen is only available on our main official website https://www.fxopen.com/(https://my.fxopen.com/en/Registration) and the domains on other languages available from the official website. We advise you to keep your login details safe and not to disclose them to third parties.
If you have any doubts about the authenticity of the registration form or about the official representative of FXOpen that has contacted you, please immediately notify FXOpen customer support at [email protected].

Source: FXOpen_news

Contest on real PAMM Accounts "Heroes of PAMM" Starts on October 1

FXOpen and ForexCup invite traders to participate in the exciting contest "Heroes of PAMM" and compete for the real prize money for a total of USD 10,000. The best trader of the contest will get USD 5,000 in the form of investment to his/her PAMM account. For the second and third places, winners will get USD 3,000 and USD 2,000 respectively. Registration is already open.


Things to know about the contest "Heroes of PAMM":

• Dates: October 1 - December 31, 2018;
  
• Prize fund: USD 10,000;
  
• Registration is already open and will last until October 31;
  
• Rewards*:
  
  • 1st place - USD 5,000;
    
  • 2nd place - USD 3,000;
    
  • 3rd place - USD 2,000.
  
  
  
• Initial deposit: any amount, but not less than the minimum amount for opening a PAMM account (for PAMM ECN - from USD 1,000, for PAMM STP - from USD 200);

• Minimum trading period: not less than 2 months;
  
• Minimum amount of trades per week: 2;
  
• Trading volume: not less than 0.5 lot per stage;
  
• Profit at the end of the contest: at least 20% of the deposit;
  
• Drawdown during the contest must not exceed 20%**, and short-term drawdown of 25% and more, even if it was not recorded at a rollover will be considered as a loss and a cause for withdrawing the prize.

During the contest, participants can add or withdraw money from their accounts, receive investments to their PAMM accounts, create offers, use all instruments of a PAMM system with no restrictions, use any trading strategies, advisors (AEA, MEA, etc.) and any other standard MT4 add-ons and scripts.
It is prohibited to close for investors such statistics of your PAMM account as equity, drawdown, exposure level, completed trades. This data must be available for viewing.

Continue reading: FXOpen_news

FXOpen awarded Order Execution Certificate from VMT

FXOpen has been successfully certified by the Financial Commission (an independent organization for dispute resolution in Forex). The order execution certification was carried out by VerifyMyTrade (VMT), an independent audit company.

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On 20 September 2018, VMT audited a sample of 5,000 order executions from FXOpen and based on the audit, the Commission has issued an execution quality certification to FXOpen. FXOpen will continue to submit order execution data to VMT to ensure our order execution continues to meet the standards set out for all members of the Financial Commission.
FXOpen is constantly improving the quality of all aspects of its service, especially the safety of clients' funds, and is very proud to be among the first brokers to support the Financial Commission initiative and complete the voluntary audit for quality of trading transactions.


Source: FXOpen_news