The ForexCup Trading Championship is handing out a top prize of $50,000 to the investor that achieves the largest percentage gain. The contest is available to active traders and portfolio managers that hold an FXOpen ECN account. Participants simply need to meet the minimum deposit requirement and opt-in to the promotion.
ForexCup Trading Championship 2022
The trading tournament will finish on December 31st, 2022. The investor who generates the largest return in line with the time-weighted returns (TWR) method will take home the cash prize. Personalized crystal trophies are also awarded to the traders that finish in second and third place.
Investors can participate with an MT4, MT5 or TickTrader ECN account. Traders can sign up with any FXOpen entity and will need to deposit at least $5,000 to qualify for the tournament.
Once investors have registered for an FXOpen account, they will need to sign up for the ForexCup here. Contestants will then receive a personal link with analytics and progress information. The top five traders with the largest current gain will be displayed on a live leader board.
Importantly, traders can speculate on FXOpen’s full suite of assets, including spot forex, indices, commodities, stocks, metals and cryptocurrencies. But while any strategy can be used, a minimum of 10 round-turn trades of any contract number, per account, must be placed to qualify for a championship award.
Funds can be withdrawn from tournament accounts at any time. Additional deposits can also be made at any point.
FXOpen was originally an education centre before launching online trading services in 2005. The brand was one of the first brokers to offer ECN and STP trading via MetaTrader 4 (MT4). FXOpen is regulated by the UK’s Financial Conduct Authority (FCA) and the Australian Securities & Investments Commission (ASIC).
As well as the MetaTrader 4 platform, the broker provides access to the financial markets through MetaTrader 5 and TickTrader. The latter is an ECN trading platform with level 2 pricing, one-click trading, plus strategy backtesting capabilities.
New traders can get started with a $300 minimum deposit and the broker offers accounts denominated in USD, EUR, GBP, JPY, and CHF. Deposit and withdrawal solutions include Alipay, FasaPay, Neteller, Paysafecard, Perfect Money, and Skrill.
Use the registration link below to get started with FXOpen and to take part in the ForexCup Trading Championship.