Competition types and prize conditions

Competition types and prize conditions

Below there is a list of ForexCup competitions with the description of general requirements and prize/bonus withdrawal peculiarities.
Trading during a competition is performed in a demo account with initial balance of $5000. A new demo account is opened once a trader joins a competition and becomes available/ active for trading only during the 'running period' of a competition, i.e. demo account is blocked before a competition start and immediately after its finish.

Depending on the competition type the requirements for trading can vary. The common  requirements include the  min. and max. value  (in lot),  leverage sizeavailability of EA using and  maximum number of simultaneously open orders .

Requirements for participation in the competition

 Initial balance Lot sizeExpert advisors Leverage  Max. open orders
Profitable Week 5000from 0.1 up to 1 Yes 1:100 3
Scalping Virtuoso 5000from 0.1 up to 100  Yes 1:100 100
Forex Championship 5000from 0.1 up to 1  Yes 1:100 5
Fx Market Masters 5000from 0.1 up to 1 Yes 1:100 5
CryptoMania 5000from 0.1 up to 100 Yes 1:3 100
Битва за PAMM 5000 from 0.1 up to 1  Yes 1:100 5

 

Prize money receiving/ withdrawal conditions

  Entry fee
Prize

 

Profit bonus

Prize conditions:

a number of trades/total lot size   

Prize withdrawal up to  $ 1000Prize withdrawal over  $ 1000
Profitable Week No $400 $11005/5

The prize money becomes withdrawable in 3 months . *
Profit for trading  can be withdrawn at any time. 

Scalping Virtuoso Yes$300
min.
 No5/5

The prize money becomes withdrawable in 3 months . *
Profit for trading  can be withdrawn at any time. 

Forex Championship No $6000 Yes30/30

 

No

 

The prize money is not withdrawable!
Profit for trading  can be withdrawn at any time.

Fx Market Masters Yes

 

$1500
min.

 

 $300020/20

The prize money becomes withdrawable in 3 months . *
Profit for trading  can be withdrawn at any time. 

CryptoMania No$3000 $300020/20

The prize money is not withdrawable!
The profit from trading on Crypto can be withdrawn at any time. 

The prize money is not withdrawable!
The profit from trading on Crypto can be withdrawn at any time. 

Битва за PAMM

(Private)

 No $1500 $100020/20

The prize money becomes withdrawable in 3 months . *
Profit for trading  can be withdrawn at any time. 

*   Prize money can be withdrawn by the PAMM Manager after 3 months of trading and after making at least 60 trades in the PAMM ECN account or after making 120 trades in PAMM STP
 

Bonus receiving conditions

Bonus for profit (Profit bonus) is transferred to a trader's trading account (STP or Micro) after his/her fulfillment of bonus receiving conditions. The conditions description can be found in the competition detailed information. Short guide on ForexCup Prizes and Bonuses...

You can withdraw your bonus:

  • no earlier than in 30 days after obtaining it;
  • after making at least 20 trades since the bonus has been transferred to your trading account. On Micro accounts each trade must last leastwise 10 minutes;

Note:  You can withdraw bonus and profits from the trading account only after you have traded the required number of lots. In case of violation of this rule, the company can remove bonus funds and profits from the client's account.

FXOpen has a right to change and update conditions/requirements to ForexCup competitions.
Please, be attentive to the competition parameters before you join it and start participating. 


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