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Thread: FX Market Masters August 2014 Promises Fever and Heat at ForexCup

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    Moderator cool user Resolve's Avatar
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    Lightbulb FX Market Masters August 2014 Promises Fever and Heat at ForexCup

    The last summer month is about to come. And be sure it will be really hot this August. A true fever will start when the FX Market Masters contest is announced open! Be prepared to join the tough competition for great prizes, tempting bonuses, PAMM account and the honor to be recognized the best trader. Get ready for the race – you still have time. The competition starts on August 11th but you can apply for participation right now!


    The July contest has hardly come to an end when the ForexCup team launches another tournament of this kind based on the contestants’ enthusiasm and overall positive feedback.

    It was quite a change to see the Latvian trader taking the main prize. He managed to disrupt a habitual state of things with the Chinese or Russian traders taking the lead. Now the question is who will become the winner this time. Who knows, maybe, it will be you. Just join the contest to check how skillful and lucky you are!



    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. Go to your account.

    The detailed terms of “FX Market Masters August 2014

    Key dates:

    July 30, 2014 - registration starts;
    August 11, 2014 - registration ends;
    August 11, 2014 - competition starts;
    September 5, 2014 - competition ends;
    September 8, 2014 - summing-up.

    Prizes:

    1st place - 68%*;
    2nd place-15%*;
    3rd place - 10%*;
    4th place - 4%*;
    5th place - 3%*

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

    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 10 % or more;
    • Declared bonus budget US$3,000.

    Terms of the contest:


    Entry fee: US$9;
    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;
    EA: allowed;
    Locking: allowed;
    Lot volume: from 0.1 to 1 (maximum 1 lot per order);
    Number of orders, open at a time (including pending orders): maximum 5;
    The liquidation of the contest PAMM ECN/STP account: 3 trading months after its opening with more than 60 trades made in the PAMM ECN account and more than 120 trades in the PAMM STP.

    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 differ from it because your trades are usually closed not immediately, but with some delay.


    Basic requirements to be eligible for a prize/bonus:

    • Minimum number of trades - 20 trades of 20 lots total volume;
    • Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be withheld);
    • A brief interview when the contest is over is an obligatory requirement to be eligible for the main prize (ForexCup team will proved the question list).

    Useful links:

    How to participate in competitions;
    Competition Rules;
    FAQ;
    Guide on ForexCup Prizes and Bonuses.

    Bring colors to your summer – join a popular Forex contest “FX Market Masters August 2014”!

  2. The Following User Says Thank You to Resolve For This Useful Post:

    adeelyaz (08-02-2014)

  3. #2
    Moderator cool user Resolve's Avatar
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    Encouraging Interview with FX Market Masters August Winner


    Today halfway through FX Market Masters October we present you an interview with the FX Market Masters August winner as an encouragement to keep fighting for the prizes and bonuses as well as a proof that anyone can do it.



    The contest winner is Mr. Shi Zhou Jiang who got the main prize – FXOpen PAMM account with US$1,020 as a deposit and a bonus. Now he shares his success story and tells us about his plans and aspirations.

    1. First, tell us a few words about yourself.
    My name is Shi Zhou Jiang; I was born in a small village in China. Currently I work as a full-time driver.

    2. How long have you been trading Forex? Do you have a “success story” of your own?
    I have been trading in demo accounts for many years, but I haven’t tried live trading yet. Finally I was lucky to get such an opportunity.

    3. What is Forex trading for you? A full-time occupation, a source of additional income, or just an exciting hobby? Do you trade in a real account? Are you successful in it?
    I am only a part-time trader, while driving is my full-time job. Forex trading is not a source of additional income yet, so it is more of a hobby. I did not have a real account before. Now since I won a PAMM account, I hope I will be successful and will bring my investors large profit.

    4. How did you learn about ForexCup contests?
    I’ve come across the information about the ForexCup competitions on one of the Forex-related sites.

    5. How many contests did you part in? Have you ever won? Did you see any improvement in your trading skills since you joined ForexCup competitions?
    I took part in several ForexCup competitions. However, the results were not satisfying, but I feel that I’m improving my trading skills with each ForexCup contest.

    6. What pros and cons of ForexCup competitions can you mention?
    There are multiple advantages of ForexCup contests. I believe every member of ForexCup family prefers ForexCup for their personal reasons.

    7. How did you decide to join FX Market Masters? Did you dream about getting FXOpen PAMM account or did you want just to test yourself?
    I came to a decision to join FX Market Masters August as the entry fee was rather small. I started trading after the competition had already launched.

    8. Did you have a particular strategy or did you make your trading decisions on the spot? Which trading instruments did you use?
    ForexCup contests offer 50 trading instruments, but I find one special, but I particularly like New Zealand Dollar.

    9. Did you feel that you would be the winner at the end of the contest?
    No, not really. At the end of the contest, I was not quite sure I were the winner, but it turned out to be true.

    10. Will you take part in the other ForexCup contests? What can you say about the project following your win in the FX Market Masters?
    I will definitely keep on participating in the ForexCup competitions to polish my trading skills.

    11. Could you please give some advice to Forex newbies?
    I don’t think my advice would be of great use since I’m just a trader in making. First, I have to improve my own set of skills before offering pieces of advice.

    We once again congratulate Mr. Shi Zhou Jiang and hope his trading in PAMM-account will be as successful as his performance in the FX Market Masters August.

    ForexCup team wishes good luck to everyone in October round of the FX Market Masters!

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