Thread: Brand-new ForexCup contests in 2014

Start your trading week in a productive way, start it with “FX Insight”!

Scientists say that an active Monday creates the mood for the whole working week. Do you want to spend the nearest five days in a productive way? Take the first step – join a Forex contest.

Today ForexCup team invites you to a traditional forum competition “FX Insight”. It has some obvious advantages, for example:
•In order to join, you just have to be a member of FXOpen forum;
•Participation is totally free;
•In case of victory you receive US $30 – so, it’s easy to get a start-up capital for real trading.

This time you are offered to guess the course of GBP/NZD on March 7, 2014.

All you have to do is guess the course of the mentioned currency pair and leave it in the corresponding forum thread no later than March 4. The author of the closest prediction will become a winner.


Important! Please, read all contest rules carefully before leaving your bet.

All you need for victory is a little bit of luck! Go ahead!

Scalping Virtuoso-8 is in the air! Join it!

Do you have any plans for the middle of March? It’s high time to save some days for the next round of Scalping Virtuoso. No doubt, you will spend your time in a productive way!

JOIN THE FIGHT FOR PRIZES AND TITLES HERE

So, Scalping Virtuoso-8 is set for March 10-14, it will be held here at ForexCup trading competitions website.

The contest offers some perfect conditions for traders:
•Unlimited scalping – and it’s a unique parameter! We invite both professionals of scalping and those who are still practicing the technique;
•49 currency pairs – we don’t know for sure what you prefer to trade at, so make the decision yourself;
•EAs are available – we are not going to limit you at all;
•A great amount of prizes – we are sure that all heroes should get their rewards. So, we have prepared 9 prizes at a time for the best participants;
•Scalping Virtuoso is a contest for motivated professionals of trading. A small entry fee keeps in the game the most purposeful traders only.

See you on March 10 – we will start the fight for the Virtuoso titles!

ForexCup.com. Updated Design and Functionality

Dear clients,
ForexCup Team is happy to introduce the updated design of the website.

We have also added a few functional features:
•A new type of a personal profile, which is easier to adjust. It is created to simplify the management traders accounts and competitions;
•A renewed mapping of available contests, statistics, announcements and project news.
We hope that the updated version of ForexCup.com will guide better through the project competitions and make the participation in them more comfortable and enjoyable.

In case of any inconveniences or technical bugs, please, email [email protected]

Kind regards,
ForexCup Team.

ForexCup Contests Back Again! Let’s Start With Profitable Week!

The ForexCup team has recently introduced the redesigned web-site of the project with some new functional features. The maintenance work is almost over, so it’s time to open a spring contest season. Welcome to «Profitable WeeK 04/02/2014-04/09/2014»!

Check out the most important features of the nearest competition:
•5 trading days, April 2-9 – a “between Wednesday and Wednesday” competition with a weekend break;
•Totally free participation — one of the contest’s advantages;
•49 currency pairs – choose your favorite trading instruments;
•8 prizes for the best traders – let’s start with really great trading terms;
•US$ 1100 for bonuses – a nice offer for all successful participants.

JOIN THE CONTEST HERE

Key dates:
•March 24, 2014 – registration starts;
•April 2, 2014 – registration ends;
•April 2, 2014 – competition starts;
•April 9, 2014 – competition ends;
•April 14, 2014 – summing-up.

Prizes:
•1st place – US$200 + bonus;
•2nd place – US$80 + bonus;
•3rd place – US$40 + bonus;
•4th place – US$24 + bonus;
•5th place – US$20 + bonus;
•6th place – US$16 + bonus;
•7th place – US$12 + bonus;
•8th place – US$8 + bonus.

Get ready for a prosperous spring and spend it with ForexCup!

The Interview with the Best Chinese Trader

Chinese Forex Championship, which was held at ForexCup, became an important event for the whole Forex community. The great prizes and bonuses from FXOpen, lots of participants convenient contest conditions and time period made it the key conversation topic all over the world.

No doubt, the name of the winner set curiosity agog. Finally, the name of the Best Chinese Trader became known – it is Chuan Feng Lin. Over the 8 trading weeks he made a 1060% profit. This outstanding result provided the leader with the honorable title, US$ 3000 as the main prize and the cash bonus in his real account.

ForexCup Team was lucky to ask the leader a few questions. In the interview you can find out the winner’s attitude towards trading, some secrets of his strategy and the reasons that pushed him to participate in the tournament.

1.Could you please tell us a few words about yourself?
My name is Chuan Feng Lin, I am 40 years old. I live in China, in Ping Tan. I am married. I work in the seafood industry.

2.Do you have your personal “way in Forex”? Could you please describe what your first incentive for trying Forex trading was? What did you start with? Do you remember your first trade?
I started my trading career in 2012, not so long ago. So, I can’t consider myself as a very experienced trader. I started from a pure interest in the growing Forex market – as many other people did, I think. Unfortunately, I do not remember the very first trade because I made hundreds of them.

3.Do you have someone or something encouraging you to upgrade your trading skills day by day?
Actually, not. I am fully self-taught. I am working out my trading skills without any external stimuli. My progress is one of my main goals.

4.What is trading to you: the main source of income or just a nice pastime, which helps you earn some money? Are you fully devoted to trading?
Forex is not the main source of my income. I would say that I enjoy trading, develop my skills and sometimes get some profit.

5.Do you trade in a real account? Are you successful in it?
I haven’t trade in a real account yet. It seems to be one of my plans for the nearest future.

6.How did you learn about ForexCup? Have you ever tried participating in other Forex-contests held by different brokers?
One day I came across the ForexCup ads somewhere in the Internet. At that time I had already got some contest experience from other projects.

7.What are the advantages and disadvantages of the ForexCup competitions? What can you offer to change or improve?
From my point of view ForexCup holds excellent trading contests. One of the main advantages is sizable prize and bonus funds – usually they are much bigger than sums offered by other companies.

8.Let’s pass to the Championship you won. What did you feel when you gained the victory?
I should say that several times I was really close to the victory but I had never won before. So, at the end of the Championship I was very happy and excited.

9.There are lots of traders in China – so, how did you decide to participate in the contest with so many competitors?
I didn’t hesitate at all and easily joined the Championship. No matter how trivial it is but the main thing for me is participation, I was not worried about the scale of the contest.

10.Did you have any particular strategy at the beginning of the contest or did you work it out on the spot?
I didn’t have any prepared strategy. All my steps were based on the current market situation.

11.How can you describe you trading decisions? Were they carefully thought over of spontaneous?
Most of my trading decisions were carefully considered and weighted. But I also took risk.

12.What was your favorite trading instrument in the Championship? And what tools do you generally prefer?
I prefer non-USD pairs, because they volatile and show interesting dynamics.

13.Did you follow the results of your competitors? Were you scared of someone’s results? Or did you feel confident and relaxed?
I didn’t follow the results of other contestants. I tried to do my best and was totally concentrated on that task.

14.What do you feel now when you are the Best Chinese Trader? Are you proud of yourself? Does the title motivate you to go ahead and upgrade your trading skills?
I should say that I am very proud of my results. Right now I am as motivated to move forward as never before.

15.You’ve got a PAMM ECN account a sizable deposit in it as a reward – are you excited to start your PAMM manager career or would you prefer a money prize only?
Honestly, I would take “live” money as, I am sure, many other people would.

16.How do you plan to manage your PAMM ECN account?
I want to develop the account so that it could help me make profit. I don’t want to miss an opportunity to become a good PAMM Manager.

17.Are you going to participate in other forex-contests again, after being awarded such a great title?
Yes, sure! Right now I believe in myself I have all chances to win again.

18.Could you please give some tips to newbies and to all those still planning to join ForexCup contests?
Develop your skills, believe in yourselves and you will definitely win! Good luck!

The Best Chinese Trader has once again proved the fact that self-confidence and determination are enough to achieve your goal and become the winner. Leave your doubts and you will succeed!

Ready for a Forex Fight? Choose Profitable WeeK!

ForexCup team is happy to invite both Forex newbies and professionals to a regular weekly contest — Profitable WeeK 04/16/2014-04/23/2014.

All in all, Profitable WeeK is one of the most well-known ForexCup tournaments. Such contests usually gather about a thousand of participants. Such popularity is a sign of the competition attractiveness to traders of any kind.

Profitable WeeK offers free participation, a great amount of available trading instruments, significant prize and bonus funds. What is more, the contest gives an ability to feel the competition atmosphere, to develop your trading strategy and upgrade skills of a Forex trader.

Register and get your own idea about «Profitable WeeK 04/16/2014-04/23/2014»!

REGISTER AT THE CONTEST PAGE

Detailed terms of participation:

Key dates:
• April 6, 2014 – registration starts;
• April 19, 2014 – registration ends;
• April 16, 2014 – competition starts;
• April 23, 2014 – competition ends;
• April 28, 2014 – summing-up.

Prizes:
•1st place – US$200 + bonus;
•2nd place – US$100 + bonus;
•3rd place – US$60 + bonus;
•4th place – US$24 + bonus;
•5th place – US$16 + 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 80 % 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: 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.

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

Scalping Virtuoso-9 is Open — Legendary Contests Come Back!

The Scalping Virtuoso contest, which was launched at the end of 2013, became rather popular among Forex contests fans. Each competition brought together more and more participants, who tried to win and improve their trading skills, in the meantime enjoying the atmosphere of the tournament.

That’s why ForexCup team has just decided to move on and we invite you to join the 9th tour of Scalping Virtuoso!

Are you ready to show your perfect scalping skills and develop further? Then, it’s your time! The contest is the right choice!

The conditions of Scalping Virtuoso-9 are rather simple and clear:
•Unlimited scalping;
•8 prizes and lots of chances to win;
•49 currency pairs — use any instruments of your choice;
•US$5 entry fee — and only motivated traders are in;
•EAs are available — we are sure it will make your trading comfortable and easy.

SCALPING VIRTUOSO-9 IS OPEN — AND WE ARE IN SEARCH FOR WINNERS!

REGISTRATION IS OPEN HERE

Important! 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.

Key dates:
•April 9, 2014 – registration starts;
•April 23, 2014 – registration ends;
•April 21, 2014 – competition starts;
•April 25, 2014 – competition ends;
•April 28, 2014 – summing-up.

Prizes:
•1st place – 50% *;
•2nd place – 23% *;
•3rd place – 7% *;
•4th place – 6% *;
•5th place – 5% *;
•6th place – 4% *;
•7th place – 3% *;
•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$300
•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;
•Trading platform: MetaTrader 4 ;
•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

Asian Forex Championship 2014 — Guess the Winner’s Homeland!

Last year ForexCup started a nice tradition to hold regional Forex Championships. Hundreds of participants have already fought for the titles of the Best Russian, Chinese and Asian traders.

So, it’s high time to launch Asian Forex Championship 2014!

The world-class competition will start on May 5, 2014 and will continue until the end of June.

You are offered the following benefits:
•8 trading weeks — it’s long enough to develop a trading strategy and make the biggest profit;
•3 main prizes for Asians only* — US$3,000, US$1,800 and US$1,200 for the first, second and third places respectively. So, there are at least three reasons to join!
•The bonus fund of US$6,000 available for everyone. Increase your start-up capital by 20% or more and a cash bonus is yours;
•An excellent opportunity to develop your trading skills, test or create a new strategy, learn from other participants’ experience and enjoy the atmosphere of the Forex battle;
•By the way, participation is FREE.

Register at the competition page and get ready for the Asian Fight!

Key dates:
•May 5, 2014 – the Championship starts;
•June 1, 2014 – the registration ends;
•June 27, 2014 – the Championship ends;
•July 1, 2014 – summing-up.

Prizes*:
•1st place – PAMM ECN account with $3 000 balance + bonus;
•2nd place – PAMM ECN account with $1 800 balance + bonus;
•3rd place – PAMM ECN account with $1 200 balance + bonus.

How to receive and withdraw prizes?
1.Prizes are available for Asians only and are not withdrawable;
2.The obligatory conditions to be eligible for a prize — at least one post in the corresponding thread of the FXOpen forum, an interview after the Championship (questions are provided by ForexCup team) and at least 30 trades and minimal trading volume of 30 lots during the contest;
3.Any profit from trading in the prize account can be withdrawn without any restrictions.

Bonuses:
•The bonus fund of the competition totals $6 000.
•At the end of the contest all the participants, having increased their start-up deposit by 20% or more, will get 1% of the profit made.

How to receive and withdraw bonuses?
1.Bonuses are available to all the participants, increased their start-up capital by 20% or more;
2.The terms of bonus withdrawal —you should make at least 20 trades of 10 minutes each within 30 days;
3.The obligatory conditions to be eligible for a bonus — at least one post in the corresponding thread of the FXOpen forum and at least 30 trades and minimal trading volume of 30 lots during the contest;
4.Hedging is a forbidden technique to work off a bonus.


Competition terms:
•Participation: free
•Trading instruments: 51 currency pairs
•Trading platform: MetaTrader4
•Competition account: Demo ECN
•Initial deposit: $5000
•Leverage: 1:100
•Expert Advisers: allowed
•Locking: allowed
•Trading volume: from 0.1 to 1 (maximum 1 lot per order)
•Number of orders, opened at a time (including pending orders): maximum 5
•Number of orders and their volume to be bonus-eligible: 30 orders totaling 30 lots
•The competition key dates comply with ForexCup server time (GMT+3)

*Dear traders, please, pay attention that the Championship and its bonus fund are available for participants from all over the world. Participation in the contest is free for everyone. But take into consideration that main prizes together with remunerations and titles are available for residents of 54 Asian countries only (including Russia).

Should you have any questions please, contact us by email [email protected]

How You Will Start Your Summer? Join CryptoMania June’14 at ForexCup!

Summer is the best season for any activities. ForexCup team joins the trend and is happy to introduce CryptoMania, a new series of Forex contests. The first competition will start on June 9.

REGISTRATION

The idea of CryptoMania is not a random one. Virtual currencies are becoming more and more popular day by day and FXOpen Company offers lots of opportunities for Crypto trading. That’s why it was quite consecutive to create a contest based on cryptocurrencies trading. From now on everybody can test Crypto accounts and even get a reward in case of successful trading.

The terms of CryptoMania June are:
•Free participation which is a traditional advantage of the majority of ForexCup contests;
•Contest trading on cryptocurrencies only — the unique ability to test new trading instruments without any risk;
•US$6,000 for prizes and bonuses — prize and bonus funds amount to US$3,000 each. So, your reward will be worthy anyway;
•US$900 for a winner and 9 more prizes for the rest of the most successful traders;
•30% of profit is a starting point to claim a part of a bonus fund.

The main advantage of the CryptoMania contest is that anyone can get valuable experience by participating in such a unique competition


Detailed terms of participation:

Key dates:
May 20, 2014 — registration starts
June 22, 2014 — registration ends
June 9, 2014 —competition starts
July 4, 2014 — competition ends
July 7, 2014 — summing-up

Prizes:
1st place — US$900 + bonus;
2nd place — US$600 + bonus;
3rd place — US$300 + bonus;
4th place — US$270 + bonus;
5th place — US$240 + bonus;
6th place — US$210 + bonus;
7th place — US$150 + bonus;
8th place — US$120 + bonus;
9th place — US$120 + bonus;
10th place— US$90 + bonus.
Prizes are available for opening Crypto accounts only and cannot be withdrawn. The profit from trading can be withdrawn at any moment.

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 30 % or more$
•Declared bonus budget – US$3,000. The maximum bonus for 1 participant — US$250.


Terms of the contest:
•Free participation
•Trading instruments: BTCUSD, LTCUSD, LTCBTC, NMCUSD, NMCBTC, BTCEUR, LTCEUR, BTCRUB, LTCRUB, PPCUSD, PPCBTC, BTCCNH, LTCCNH
•Trading platform: MetaTrader 4
•Contest account:competition
•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): maximum 3

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 20 trades of 20 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.

Should you have any questions please, contact us by e-mail [email protected]

Scalping Virtuoso-10 — join the anniversary contest!

On May 28, 2014, ForexCup opened registration for the 10th Scalping Virtuoso contest. Anyone who is interested in scalping techniques is welcome to join the competition.

The 10th tournament is the first anniversary for Scalping Virtuoso. The competition creators are happy about its popularity and would like to thank everybody who has ever joined the contest.

REGISTRATION

The participants of the 10th round are offered the following terms:
•Unlimited scalping — the main advantage of Scalping Virtuoso. It doesn’t matter if you are a professional scalper or a newbie in the field. Anyway, you’ve got the chance to develop your skills or show your experience;
•50 currency pairs — a lot of trading instruments to choose from;
•8 prize places for the leaders — a good cash prize is the most motivating thing in any contest;
•5 trading days — a classic trading period;
•A small entry fee of US$5 will reduce the level of contention and keep only the most motivated traders in the contest.

SCALPING VIRTUOSO-10 — ARE YOU GOING TO BE AMONG THE LEADERS?

Key dates:
•May 28, 2014 – registration starts;
•June 11, 2014 – registration ends;
•June 9, 2014 – competition starts;
•June 13, 2014 – competition ends;
•June 16, 2014 – summing-up.

Prizes:
•1st place – 50% *;
•2nd place – 23% *;
•3rd place – 7% *;
•4th place – 6% *;
•5th place – 5% *;
•6th place – 4% *;
•7th place – 3% *;
•8th place – 2% *.
*- of the bonus fund sum or of the guaranteed prize if the competition prize pool is lower than US$300

Check the detailed terms of the contest

Should you have any questions please, contact us by e-mail [email protected]