Check a guide on ForexCup prizes and bonuses.
- During the competition each participant should perform the minimum number of trades of the required volume (traditionally: 5 trades of 5 lots’ total volume for the weekly contest and 20 trades of 20 lots’ total volume for the monthly contest);
- After the competition each participant should make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished).
PRIZE withdrawal terms:
You can withdraw your prize with no restrictions through any payment system available at FXOpen.
Prizes over 1000 USD fall under special terms of withdrawal (as a rule, you have to open a PAMM ECN account and perform a decent number of trades on it before withdrawal).
BONUS withdrawal terms:
You can withdraw your bonus:
- no earlier than in 30 days after obtaining it;
- after making at least 20 trades of 10 minutes' long each.
Bonus calculation FORMULA:
The bonus payable to a real trading account is equal to one percent (1%) of the profit gained.
For example, if a trader earns $5000, a $50 bonus will be deposited to his/her account.
However, there are 2 bonus limitations:
- The amount of bonus for one trader cannot exceed $250 (so, if you earn more than 500% profit your maximum bonus will still remain $250).
- The total amount of all bonuses in a particular competition cannot exceed the declared bonus budget (usually $1200). If the declared bonus budget is exceeded the bonuses will be reduced based on the difference between the actual sum of all bonuses and the declared bonus budget.
For example, if the sum of all actual bonuses in a particular competition (actual bonus budget) amounts to $ 1500 and the total sum of the declared bonuses (declared bonus budget) is exceeded, the sum of the bonuses payable to the traders will be reduced by $300 ($1500 - $1200 = $300).
So, the FORMULA for bonus calculation is as follows:
Bonus = (1% of your profit) * (Declared bonus budget / Actual bonus budget)
Follow ForexCup on Facebook and Twitter!
Important! If you are late with registration for the ongoing contest, go Competitions page, choose other available contest and join it!
Should you have any questions, feel free to contact us by e-mail (info@forexcup.com) or use FXOpen Live Chat to get immediate assistance.
Guide on ForexCup Prizes and Bonuses
Basic requirements:- During the competition each participant should perform the minimum number of trades of the required volume (traditionally: 5 trades of 5 lots’ total volume for the weekly contest and 20 trades of 20 lots’ total volume for the monthly contest);
- After the competition each participant should make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished).
PRIZE withdrawal terms:
You can withdraw your prize with no restrictions through any payment system available at FXOpen.
Prizes over 1000 USD fall under special terms of withdrawal (as a rule, you have to open a PAMM ECN account and perform a decent number of trades on it before withdrawal).
BONUS withdrawal terms:
You can withdraw your bonus:
- no earlier than in 30 days after obtaining it;
- after making at least 20 trades of 10 minutes' long each.
Bonus calculation FORMULA:
The bonus payable to a real trading account is equal to one percent (1%) of the profit gained.
For example, if a trader earns $5000, a $50 bonus will be deposited to his/her account.
However, there are 2 bonus limitations:
- The amount of bonus for one trader cannot exceed $250 (so, if you earn more than 500% profit your maximum bonus will still remain $250).
- The total amount of all bonuses in a particular competition cannot exceed the declared bonus budget (usually $1200). If the declared bonus budget is exceeded the bonuses will be reduced based on the difference between the actual sum of all bonuses and the declared bonus budget.
For example, if the sum of all actual bonuses in a particular competition (actual bonus budget) amounts to $ 1500 and the total sum of the declared bonuses (declared bonus budget) is exceeded, the sum of the bonuses payable to the traders will be reduced by $300 ($1500 - $1200 = $300).
So, the FORMULA for bonus calculation is as follows:
Bonus = (1% of your profit) * (Declared bonus budget / Actual bonus budget)
Follow ForexCup on Facebook and Twitter!
No comments:
Post a Comment