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.


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: