The FX Market Masters January Contest: Are You In?

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Trading contests platform ForexCup starts 2015 with a new round of the largest Forex trading competition on Demo Accounts – FX Market Masters January. The prize and bonus fund amount is US$4500.

The 4-week-long contest for traders started on January 12, 2015. The registration is open till January 26, 2015. The contestants are to operate in competitive and achievement-oriented conditions for the prizes sponsored by FXOpen.

The main attraction of the competition is a PAMM Account with a US$1,020 deposit for the winner.

Important! You are required to have at least US$9 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.

The contest offers 50 currency pairs, realistic trading conditions and an opportunity to use EAs and locking. In the FX contest, you can evaluate your trading skills and secure your trading experience on Live accounts from certain mistakes.

The top 5 participants with the highest results get prizes to their Live accounts. The prize fund amounts to US$1500 and is distributed as follows:

  • 1st place – 68%*
  • 2nd place – 15%*
  • 3rd place – 10%*
  • 4th place – 5%*
  • 5th place – 2%*

*% of the contest prize fund or of the guaranteed prize unless the contest prize fund is less than US$1,500.

Additionally, FXOpen rewards every contestant who manages to increase the provided start-up deposit by 10% or more with the bonuses for successful trading.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.