radex78 Posted May 15, 2015 Share Posted May 15, 2015 Do you have a financial objective in mind? However ambitious your goals are, start achieving them in the trading competition on Demo Accounts. Profitable Week starts May 20.Why Profitable Week is a good starting point?It is true that you can’t get rich by winning a trading contest. Nevertheless, you can get a start-up capital to trade in a Live Account, or to invest in a PAMM. Since the prizes and bonuses at ForexCup are withdrawable, you can use it for whatever placement of funds you have planned. Simple rules of “Profitable Week” contest make it an ideal practice ground for entry-level traders. The ForexCup sustem is configured in a way to make the trading conditions on Demo as close to the Live market conditions as possible.Zero entry fee guarantees that the participants bear no financial risks. No restrictions in trading strategies and opportunity to use Expert Advisers provide better chances for traders to win a prize or a bonus. The joint fund for prizes and bonuses amounts to USD1500. Register to win one of the prizes! The prizes for the competition winners: 1st place – 200USD+ bonus; 2nd place – 68USD + bonus; 3rd place – 40USD + bonus; 4th place – 32USD + bonus; 5th place – 24USD + bonus; 6th place – 16USD + bonus; 7th place – 12USD + bonus; 8th place – 8USD + bonus. Key dates: May 12 – registration starts; May 23 – registration ends; May 20 – competition starts; May 27 – competition ends; May 28-29 – summing-up. 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 at least 70%. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – 250 USD. Terms of the contest: Free to participate; 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; EAs: allowed; Locking: allowed; Lot volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. Additional restrictions: Total trades minimum quantity: 5 Total trades minimum volume (lots): 5 Dear traders, note, please that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly.Basic requirements to be eligible for a prize/bonus: Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished). Make at least 5 trades of 5 lots’ total volume during the contest. Useful links: How to participate in competitions; Competition Rules; FAQ; ForexCup Prizes and Bonuses Guide; ForexCup Facebook; ForexCup Twitter. Quote Link to comment Share on other sites More sharing options...
radex78 Posted May 28, 2015 Share Posted May 28, 2015 Three rounds of “Forex Finals” tournament on Live Accounts are over, three more to go. Tour IV starts on June 1.First things first, lets’ talk about prizes. The winner of the tournament will get PAMM ECN with USD5000 deposit. To win the PAMM Account you need to outscore your competitors. You must increase the start-up deposit by at least 20 percent and rank among top-10 contestants to get competition points. At the end of the tournament, we tally the points and determine the winner. Remember, you can win prizes in each subsequent tour.Tour IV Prizes 1 place – PAMM STP with USD1000; 2 place – USD200; 3 place – USD100; 4 place – USD50; 5 place – USD50. Please, note that the prizes are withdrawable. Count me in, I’m joining! The main conditions briefly: Contestants trade in Live Accounts. Open a live STP account (USD account currency) through the partner’s link. Agent’s code is 600022. Fill the balance with at least USD50. Trade in a regular manner and receive withdrawable profits. Leave the application message with your trading account number and your nickname in the Registration forum thread The tour is underway for four weeks, starting June 1. No restrictions in trading strategies! Scalping, Expert Advisors, locking and autotrading are allowed. For more information on tournament terms, go to Forexcup forum. Register and compete for the prizes with other 57+ contestants. Remember, if you have already participated in the previous rounds, there is no need in re-registration. Make sure you have at least USD50 in your competition account and get ready for the upcoming round!Useful links:1.Tournament description and terms https://forum.fxopen.ru/showthread.p...02#post21410022.The results of the Tour I https://forum.fxopen.ru/showthread.p...=1#post21450353.The results of the Tour II https://forum.fxopen.ru/showthread.p...=1#post21487304. PAMM of the Tour I winner https://pamm.fxopen.com/Pamm/Hattabka5. PAMM of the Tour II winner https://pamm.fxopen.com/ru/Pamm/Danahaos6. PAMM of the Tour III winner https://pamm.fxopen.com/Pamm/InstinktHow to register2.1. Registration is open starting upon the announcement and till the last week of the 6th tour. The list of the participants is available in the competition thread on the forum.2.2. In order to register a trader must:• Open a live STP account (USD account currency) through the partner’s link. Agent’s code is 600022. If you are not registered with FXOpen, use our Quick Registration Form for the new clients to get an STP account.• Verify the account. Upload your documents of identification (passport scan, ID card or any other document authenticating your identity) herehttps://forexcup.cabinet.fxopen.com/...ngs/Documents/• Fill the balance with US$50 or more.• Leave the application message with your trading account number and your nickname in the Registration forum thread. Attention! If you skip this point, you won’t appear in the Rating. Quote Link to comment Share on other sites More sharing options...
radex78 Posted May 29, 2015 Share Posted May 29, 2015 FXOpen is pleased to announce the launch of Contracts For Difference (CFDs), Oil and Natural Gas offerings for ECN Accounts.This new development has expanded the range of financial tools available to our clients with new trading instruments including thirteen CFDs, Oil and Natural Gas markets.New trading instruments available with FXOpen UK 100 Germany 30 Germany 30 (Mini) US SPX 500 US SPX 500 (Mini) Wall Street 30 Wall Street 30 (Mini) Europe 50 France 40 US Tech 100 US Tech 100 (Mini) Japan 225 Australia 200 US Crude UK Brent US Natural Gas Now FXOpen clients can trade Forex, Cryptocurrencies, Precious Metals, Oil, Natural Gas and CFDs through the MetaTrader4 platform using the same account. This increased selection of trading options allows our clients to diversify their portfolio and decrease financial risks. Try out a new financial instrument and let us know what you think.FXOpen Customer ServiceE-mail: sales@fxopen.comLive Chat (24/5) Quote Link to comment Share on other sites More sharing options...
radex78 Posted June 24, 2015 Share Posted June 24, 2015 Recently Forex broker FXOpen introduced new trading instruments, including CFDs, oil, and natural gas. ForexCup couldn’t but follow the suit. Today we launch new contest called CFD Navigator.Lots of prizes 3 PAMM Accounts. The main prize is PAMM ECN with USD1000 in it. The runners-ups get PAMM STP Accounts with USD500 and USD200 for the 2nd and the 3rd places respectively. Real-money prizes. The prize fund of USD2000 is distributed among 8 leaders of the competition. Bonuses for success in trading. Bonus fund amounts to USD2500. Increase the start-up deposit by at least 20% and get 1% of the profit! I'M READY TO JOIN! What you need to know about CFD NavigatorThe free to participate contest is held on Demo Accounts, which mean there are absolutely no financial risks. CFD Navigator kicks off on July 6 and ends on July 31. You have 4 weeks of trading to try out the new trading instruments, test your strategies, and win prizes or/and bonuses.Do you think you can trade CFDs and Energy as well as you trade Forex? Prove it! Count me in! Terms:Key dates: June 19, 2015 – registration starts; July 20, 2015 – registration ends; July 6, 2015 – competition starts; July 31, 2015 – competition ends; August 3, 2015 – summing-up. 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 20% or more; Declared bonus budget US$2,500. Terms of the contest: Free to participate; Trading instruments: #AUS200, #ESX50, #FCHI, #GDAXIm, #NDXm, #WS30m, #NDX, #SPXm, #WS30, #UK100, #GDAXI, #SPX, #J225, XBRUSD, XTIUSD, XNGUSD, #AUS200_Ask, #FCHI_Ask, #GDAXI_Ask, #GDAXIm_Ask, #ESX50_Ask, #UK100_Ask, #J225_Ask, #NDX_Ask, #NDXm_Ask, #SPX_Ask, #SPXm_Ask, #WS30_Ask, #WS30m_Ask, XBRUSD_Ask, XTIUSD_Ask, XNGUSD_Ask, #AUS200_Avg, #FCHI_Avg, #GDAXI_Avg, #GDAXIm_Avg, #ESX50_Avg, #UK100_Avg, #J225_Avg, #NDX_Avg, #NDXm_Avg, #SPX_Avg, #SPXm_Avg, #WS30_Avg, #WS30m_Avg, XBRUSD_Avg, XTIUSD_Avg, XNGUSD_Avg; 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. Additional restrictions: Total trades minimum quantity: 20; Total trades minimum volume (lots): 20. Dear Traders,Please, pay your attention to the fact 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 provide with the question list). Useful links: How to participate in competitions; Competition Rules; FAQ; Guide on ForexCup Prizes and Bonuses Quote Link to comment Share on other sites More sharing options...
radex78 Posted July 28, 2015 Share Posted July 28, 2015 The most popular ForexCup contest just got an upgrade. Now the contest rules allow you to trade Forex as well as Oil, Natural Gas and CFDs.What changed?Not much. We have added 13 indices to the range of trading instruments available in the upcoming round of “Profitable Week” contest. Doing so, we hoped to create the balance of old and new trading tools. This way the contestants can get acquainted with the new instruments with no financial risk. If it doesn’t work out with CFDs, oil and natural gas, you can always resort to the good old Forex pairs. Register now! Time-honoured conditionsProfitable Week remains the most popular contest at ForexCup, which only proves that the well-tuned conditions need no adjustment. The contest is free to participate. The participants trade on Demo accounts and attempt to increase the start-up capital as much as possible.Ten leaders of the competition get both prizes and bonuses. Every participant who manages to increase the start-up deposit by 70%+ will get a bonus for profitable trading. The prize and bonus fund amounts to USD 1500. I want to win! The winners will get: 1 place – USD 200+ bonus; 2 place – USD 60 + bonus; 3 place – USD 40 + bonus; 4 place – USD 24 + bonus; 5 place – USD 20 + bonus; 6 place – USD 16 + bonus; 7 place – USD 12 + bonus; 8 place – USD 12 + bonus; 9 place – USD 8 + bonus; 10 place – USD 8 + bonus. Key dates: July 24 – registration starts; August 8 – registration ends; August 5 – competition starts; August 12 – competition ends; August 13 – summing-up. 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 at least 70%. Declared bonus budget – US$1,100. The maximum bonus for 1 participant – 250 USD. Terms of the contest: Free to participate; 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, #AUS200, #ESX50, #FCHI, #GDAXIm, #NDXm, #WS30m, #NDX, #SPXm, #WS30, #UK100, #GDAXI, #SPX, #J225, XBRUSD, XTIUSD, XNGUSD. Trading platform: MetaTrader 4 (download); Contest account: competition ECN; Start-up deposit: US$5,000; Leverage: 1:100; EAs: allowed; Locking: allowed; Lot volume: from 0.1 to 1 (maximum 1 lot per order); Number of orders, opened at a time (including pending orders): maximum 3. Additional restrictions: Total trades minimum quantity: 5 Total trades minimum volume (lots): 5 Dear traders, note, please that trades are closed automatically at the end of the competition. Accordingly, the closing price may either coincide with the market closing price or differ from it as the positions are closed with a little delay not instantly.Basic requirements to be eligible for a prize/bonus: Make at least one post in the corresponding thread of FXOpen Forum (otherwise prizes and bonuses will be abolished). Make at least 5 trades of 5 lots’ total volume during the contest. Useful links: How to participate in competitions; Competition Rules; FAQ; ForexCup Prizes and Bonuses Guide; ForexCup Facebook; ForexCup Twitter. Quote Link to comment Share on other sites More sharing options...
radex78 Posted August 11, 2015 Share Posted August 11, 2015 FX Insight. Test your luck! Hit the mark! (GBP/USD on 22.08.2015). FXOpen regularly holds a competition where the winner can get $30. Currency pair: GBP/USD Date for determination of the course: closed at 23:59 21.08.2015 (terminal time) Acceptance of rates will be ended: August,18 Date of announcement the winner’s name: August,24 Prize: $30 to STP. Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs). How to participate? You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competition Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition “Guess the exchange rate” 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one bet; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the bets, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 40 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an STP account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”. Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. Post your bet on Forum Thread Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 10, 2015 Share Posted September 10, 2015 To participate in the contest, you must leave the post with the bets in the thread PAMM Expert on FXOpen. In the post, you need to specify the parameters provider platform FXOpen (from rating the top 20) with the highest percentage in your opinion of profit and drawdown in the coming week. Participants pointed provider with the highest performance gains in the corresponding category. In the case of correct predictions of two or more participants of the competitor with the closest prediction accuracy and the second party is the second largest. If the forecasts of the participants are the same prize won who published forecast first. Forecasts/bets are accepted from 00:00 Saturday (this week) until 23:00 Monday (coming week) and the results of the rating are taken from the table at 00:00 on Sunday (coming week). Every weekend, the moderator published a screenshot contest rankings. Participants have the right to leave the forecasts of weekly figures providers in the rating on the screenshot. If for some reason the current rating of the top 20 service providers will not be published before the start of the weekly stage (Monday 00:00) in the stage participating providers previous stage Example publications forecast: FullMoon +2.4% FunkyFred -1.6% Maximum profit: 1st - 20$ 2nd - 10$ Maximum Drawdown: 1st - 20$ 2nd - 10$ An obligatory condition to receive the prize is the writing of two posts containing a description of the contest "PAMM Expert on FXOpen" and the winning forecast on other thematic websites/blogs/forums. One website should contain one post. The post should be approved by moderator and be placed on the selected website for at least 24 hours. If posts is low quality then bonus/prize can be cancelled. 1.Discussion on contest (English version) 2.Discussion on contest (Russian version) 3.Discussion on contest (Malaysian version) Current Rating Top 20 Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 11, 2015 Share Posted September 11, 2015 Tour VI , the last tour of the “Forex Finals” tournament, starts on September 21. We congratulate the 70 lucky traders who have reached the final stage and welcome new traders who have just entered the tournament. Tournament Description Forex Finals is a long-lasting competition for live Forex trading accounts. It is divided into six tours. Each tour continues for four weeks. To participate in the Forex contest you need to make an initial deposit of USD50 . Participants who increase their start-up deposit by more than 20% get to the leaderboard. The Top-10 performing contestants receive competition points. The TOP 5 traders of the 6th round will get the following prizes: 1 place – PAMM STP with USD1000; 2 place – USD200; 3 place – USD100; 4 place – USD50; 5 place – USD50. Participants can apply any trading strategy, including scalping, locking, auto-trading or Expert Advisors. Please, note that the prizes are withdrawable. Count me in, I’m joining! Main Prize The goal of the competition is to find the best performing trader who will get the main prize - a PAMM ECN account with REAL USD5000 in it. The winner gets the opportunity to start a professional career as a Money Manager and offer investors to follow his winning strategy and increase the initial capital. The main conditions briefly: Contestants trade in Live Accounts. Open a live STP account (USD account currency) through the partner’s link. Agent’s code is 600022. Fill the balance with at least USD50. Trade in a regular manner and receive withdrawable profits. Leave the application message with your trading account number and your nickname in the Registration forum thread The tour is underway for four weeks, starting September 21. No restrictions in trading strategies! Scalping, Expert Advisors, locking and autotrading are allowed. For more information on tournament terms, go to Forexcup forum. Register and compete for the prizes with other 70+ contestants. Remember, if you have already participated in the previous rounds, there is no need in re-registration. Make sure you have at least USD50 in your competition account and get ready for the upcoming round! Useful links: Tournament description and terms; The results of the Tour I ; The results of the Tour II; The results of the Tour III; The results of the Tour IV; The results of the Tour V; PAMM of the Tour I winner Hattabka; PAMM of the Tour II winner Danahaos; PAMM of the Tour III winner Instinkt; PAMM of the Tour IV winner Green. PAMM of the Tour V winner MaxZ. Quote Link to comment Share on other sites More sharing options...
radex78 Posted September 25, 2015 Share Posted September 25, 2015 FX Insight. Test your luck! Hit the mark! (GBP/JPY on 03.10.2015). FXOpen regularly holds a competition where the winner can get $30. Currency pair: GBP/JPY Date for determination of the course: closed at 23:59 02.10.2015 (terminal time) Acceptance of rates will be ended: September, 29 Date of announcement the winner’s name: October,5 Prize: $30 to STP. Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs). How to participate? You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competition Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition “Guess the exchange rate” 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one bet; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the bets, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 40 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an STP account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”. Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. Post your bet on forum thread Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 2, 2015 Share Posted October 2, 2015 Want to trade CFDs, Oil, and Natural Gas? Then this trading contest is for you! The registration for the second contest called "CFD Navigator" has already started. Contest prizes. 3 PAMM Accounts. The main prize is PAMM ECN with USD1000 in it. The runners-ups get PAMM STP Accounts with USD500 and USD200 for the 2nd and the 3rd places respectively. Real-money prizes. The prize fund of USD2000 is distributed among 8 leaders of the competition. Bonuses for success in trading. Bonus fund amounts to USD2500. Increase the start-up deposit by at least 20% and get 1% of the profit! I'M READY TO JOIN! CFD Navigator brief details The free to participate contest is held on Demo Accounts, which mean there are absolutely no financial risks. CFD Navigator kicks off on October 12 and ends on November 11. You have 4 weeks of trading to try out the new trading instruments and test your strategies. And you can get real prizes or/and bonuses. Do you want to trade CFDs? Do you think you can trade CFDs and Energy as well as you trade Forex? Prove it! Count me in!Terms: Key dates: September 28, 2015 – registration starts; October 26, 2015 – registration ends; October 12, 2015 – competition starts; November 6, 2015 – competition ends; Bonuses: 1% of the profit made during the contest will be added to the account of the traders, able to increase the provided start-up deposit by 20% or more; Declared bonus budget US$2,500. https://www.forexcup.com/tournaments/cfd-navigator-2/ Terms of the contest: Free to participate; Trading instruments: #AUS200, #ESX50, #FCHI, #GDAXIm, #NDXm, #WS30m, #NDX, #SPXm, #WS30, #UK100, #GDAXI, #SPX, #J225, XBRUSD, XTIUSD, XNGUSD. 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 120 trades made in the PAMM ECN account and more than 120 trades in the PAMM STP. Additional restrictions: Total trades minimum quantity: 20; Total trades minimum volume (lots): 20. Dear Traders,Please, pay your attention to the fact 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 provide with the question list). Useful links: How to participate in competitions; Competition Rules; FAQ; Guide on ForexCup Prizes and Bonuses Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 14, 2015 Share Posted October 14, 2015 FX Insight. Test your luck! Hit the mark! (GBP/USD on 24.10.2015). FXOpen regularly holds a competition where the winner can get $30. Currency pair: GBP/USD Date for determination of the course: closed at 23:59 23.10.2015 (terminal time) Acceptance of rates will be ended: October, 20 Date of announcement the winner’s name: October,26 Prize: $30 to STP. Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs). How to participate? You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competition Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition “Guess the exchange rate” 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one bet; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the bets, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 40 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an STP account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”. Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. Post your bet ot FORUM THREAD Quote Link to comment Share on other sites More sharing options...
radex78 Posted October 21, 2015 Share Posted October 21, 2015 FXOpen UK Launches CFDs On Global Index and Energy Markets FXOpen UK is pleased to announce the launch of its CFD markets allowing traders to take positions on the FX, Global Index, Oil and Energy markets all from one account. The new CFD markets are traded via clients existing MT4 ECN accounts with all the benefits that the ECN model offers including: Tight floating spreads from 0 pips Fast ECN execution Low margin requirements from 1% No Dealing Desk, No conflict of Interest Full details of the new CFD markets and their specifications can be found here and to add them to your existing MT4 ECN account simply do the following. In MT4 go to the 'View' menu and then 'Symbols' Open the CFD Folders Click on a CFD Market and then click 'Show' and it will now be in you Market Watch window. If you have any questions regarding the new CFD markets please contact your account manager or the customer support team who will be happy to help. Best of Luck with your Trading, The FXOpen UK Team Quote Link to comment Share on other sites More sharing options...
radex78 Posted November 4, 2015 Share Posted November 4, 2015 FX Insight. Test your luck! Hit the mark! (EUR/NOK on 14.11.2015). FXOpen regularly holds a competition where the winner can get $30. Currency pair: EUR/NOK Date for determination of the course: closed at 23:59 13.11.2015 (terminal time) Acceptance of rates will be ended: November, 10 Date of announcement the winner’s name: November,16 Prize: $30 to STP. Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs). How to participate? You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competition Determination of the winner A participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price. Rules of the competition “Guess the exchange rate” 1. You have to add your forum’s nickname to your bet (for example, nickname – your bet); 2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050; 3. You can’t repeat someone else’s rate; 4. Each participant are able to make only one bet; 5. You are not able to change or delete your prediction; 6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted rates All the bets, which do not comply with previous paragraphs, will be deleted. The terms of withdrawal of the prize 1. If you want to withdraw your prize, you have to make at least 5 deals of any lot; 2. Each trade should be with profit or loss (+-) 40 points; 3. Each deal should be opened for at least 10 minutes. Help If you want to increase your chances to become a winner, you should: 1. Download an FXOpen trading terminal; 2. Open an STP account for free Please, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”. Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. Post your bet on Forum Thread Quote Link to comment Share on other sites More sharing options...
radex78 Posted December 11, 2015 Share Posted December 11, 2015 FX Insight. Test your luck! Hit the mark! (EUR/JPY on 19.12.2015).FXOpen regularly holds a competition where the winner can get $30.Currency pair: EUR/JPYDate for determination of the course: closed at 23:59 18.12.2015 (terminal time)Acceptance of rates will be ended: December, 15Date of announcement the winner’s name: December,21Prize: $30 to STP.Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs).How to participate?You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competitionDetermination of the winnerA participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price.Rules of the competition “Guess the exchange rate”1. You have to add your forum’s nickname to your bet (for example, nickname – your bet);2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050;3. You can’t repeat someone else’s rate;4. Each participant are able to make only one bet;5. You are not able to change or delete your prediction;6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted ratesAll the bets, which do not comply with previous paragraphs, will be deleted.The terms of withdrawal of the prize1. If you want to withdraw your prize, you have to make at least 5 deals of any lot;2. Each trade should be with profit or loss (+-) 40 points;3. Each deal should be opened for at least 10 minutes.HelpIf you want to increase your chances to become a winner, you should:1. Download an FXOpen trading terminal;2. Open an STP account for freePlease, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”.Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. Post your bet at Forum thread Quote Link to comment Share on other sites More sharing options...
radex78 Posted January 25, 2016 Share Posted January 25, 2016 FX Insight. Test your luck! Hit the mark! (USD/CAD on 30.01.2016).FXOpen regularly holds a competition where the winner can get $30.Currency pair: USD/CADDate for determination of the course: closed at 23:59 29.01.2016 (terminal time)Acceptance of rates will be ended: January, 26Date of announcement the winner’s name: February,1Prize: $30 to STP.Please, note that now the competition accounts are changed from Micro to STP. Now the rate must be predicted using five fraction digits – 0,12345 (3 fraction digits for JPY pairs).How to participate?You have to leave a message on this forum thread with your prediction for exchange quotation concerning the currency pair, mentioned in the competitionDetermination of the winnerA participant, who mentioned the exact closing price for the currency pair or the closest variant, will become a winner. If a few persons mention close variants, the winner will be the one, who was the first one to do it. The close price for the currency pair will be taken from FXOpen trading terminal after the closing of trades on Friday by Bid price.Rules of the competition “Guess the exchange rate”1. You have to add your forum’s nickname to your bet (for example, nickname – your bet);2. Spreads between participants’ bids should be no less than 50 points. For example, if there has been already made a bet for 1.50000, all other participants should choose variants not closer than 1.49950 or 1.50050;3. You can’t repeat someone else’s rate;4. Each participant are able to make only one bet;5. You are not able to change or delete your prediction;6. If your bet has been declined, you can leave ONE new bet which totally comply with the rules. Please, be attentive - just one bet from one user can be in the list of accepted ratesAll the bets, which do not comply with previous paragraphs, will be deleted.The terms of withdrawal of the prize1. If you want to withdraw your prize, you have to make at least 5 deals of any lot;2. Each trade should be with profit or loss (+-) 40 points;3. Each deal should be opened for at least 10 minutes.HelpIf you want to increase your chances to become a winner, you should:1. Download an FXOpen trading terminal;2. Open an STP account for freePlease, check your rate according to the rules of the contest before the publishing. Pay your special attention to the rule “spreads between participants’ beds should be no less than 50 points”.Usually, we update the list of accepted rates every day. But sometimes there can be a few new rates, but the list has not been updated yet. So, please, read all messages carefully, starting with the last message from the Moderator. [quote]POST YOUR BET AT FORUM THREAD Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted July 12, 2016 Share Posted July 12, 2016 FXOpen Simplifies Withdrawal via Credit/Debit Cards Dear Customers, FXOpen is glad to inform you that we have improved the terms of withdrawing money from accounts via Credit/Debit cards. There`s no need to wait 30 days after the date of your latest deposit. Funds can now be withdrawn at any time provided that deposit and withdrawal are made via one and the same card. Please note that withdrawing your funds with another payment option is available after 30 days of the Credit/Debit card deposit date. If deposits were made from multiple Credit/Debit cards, FXOpen finance department will deal with each such case individually and decide on the method and timeframe of profit withdrawal. FXOpen Customer Service Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted July 18, 2016 Share Posted July 18, 2016 The “Lord of the Crypto”: Free Contest by FXOpen Starts on July 25th FXOpen and ForexCup decided to please cryptocurrency fans this summer. The new contest called "The Lord of the Crypto" will include 16 trading pairs with such popular cryptocurrencies as Bitcoin, Litecoin, Ethereum, Namecoin, Peercoin and Dash. The contest is held from July 25 to August 19, 2016. Join the fight for free and compete for the prize fund of 2 000 USD! REGISTER “The Lord of the Crypto” facts and figures: dates: July 25 - August 19, 2016; registration dates: July 8 - August 7, 2016; prize fund: 2 000 USD; number of winners: 10; money prizes: 1st place - 800 USD; 2d place - 300 USD; 3d place - 200 USD; 4th place - 100 USD; 5th place - 100 USD; 6th place - 100 USD; 7th place - 100 USD; 8th place - 100 USD; 9th place - 100 USD; 10th place - 100 USD. Attention! The above-mentioned money prizes are not withdrawable and can only be used for trading on FXOpen Crypto accounts. To get the money, you will have to open a Crypto account, email us at info@forexcup.com and indice your account number. Profit from trading can be withdrawn at any time via any payment system available with FXOpen. Contest terms: free participation; contest account: competition ECN; initial deposit: 5 000 USD; leverage: 1:3; EAs: allowed; locking: allowed; lot volume: from 0.10 to 1.00 (maximum 1 lot per order); trading instruments: BTCEUR, BTCRUB, BTCUSD, LTCBTC, LTCEUR, LTCRUB, LTCUSD, NMCBTC, NMCUSD, PPCBTC, PPCUSD, ETHUSD, ETHBTC, ETHLTC, ETHRUB, DSHBTC; trading platform: MetaTrader 4 (download). Additional restrictions: total trades minimum quantity: 10; total trades minimum volume (lots): 10; maximum number of trades opened at the same time (including pending orders): 5; to get the prize, you have to increase the initial deposit by at least 10%. JOIN THE FELLOWSHIP OF CRYPTO Read more about the terms of the contest in the Lord of the Crypto thread at ForexCup forum. Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted July 18, 2016 Share Posted July 18, 2016 The “Lord of the Crypto”: Free Contest by FXOpen Starts on July 25th FXOpen and ForexCup decided to please cryptocurrency fans this summer. The new contest called "The Lord of the Crypto" will include 16 trading pairs with such popular cryptocurrencies as Bitcoin, Litecoin, Ethereum, Namecoin, Peercoin and Dash. The contest is held from July 25 to August 19, 2016. Join the fight for free and compete for the prize fund of 2 000 USD! REGISTER “The Lord of the Crypto” facts and figures: dates: July 25 - August 19, 2016; registration dates: July 8 - August 7, 2016; prize fund: 2 000 USD; number of winners: 10; money prizes: 1st place - 800 USD; 2d place - 300 USD; 3d place - 200 USD; 4th place - 100 USD; 5th place - 100 USD; 6th place - 100 USD; 7th place - 100 USD; 8th place - 100 USD; 9th place - 100 USD; 10th place - 100 USD. Attention! The above-mentioned money prizes are not withdrawable and can only be used for trading on FXOpen Crypto accounts. To get the money, you will have to open a Crypto account, email us at info@forexcup.com and indice your account number. Profit from trading can be withdrawn at any time via any payment system available with FXOpen. Contest terms: free participation; contest account: competition ECN; initial deposit: 5 000 USD; leverage: 1:3; EAs: allowed; locking: allowed; lot volume: from 0.10 to 1.00 (maximum 1 lot per order); trading instruments: BTCEUR, BTCRUB, BTCUSD, LTCBTC, LTCEUR, LTCRUB, LTCUSD, NMCBTC, NMCUSD, PPCBTC, PPCUSD, ETHUSD, ETHBTC, ETHLTC, ETHRUB, DSHBTC; trading platform: MetaTrader 4 (download). Additional restrictions: total trades minimum quantity: 10; total trades minimum volume (lots): 10; maximum number of trades opened at the same time (including pending orders): 5; to get the prize, you have to increase the initial deposit by at least 10%. JOIN THE FELLOWSHIP OF CRYPTO Read more about the terms of the contest in the Lord of the Crypto thread at ForexCup forum. Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted July 28, 2016 Share Posted July 28, 2016 FXOpen Adds mBTC as ECN Account CurrencyDear clients,FXOpen is pleased to announce that now you can open ECN accounts in mBTC (millibitcoins)*. Starting from 27 July 2016, you can make a commission-free deposit and withdraw funds in your favorite cryptocurrency with no conversion losses. To open a millibitcoin account, log in to My FXOpen area and open an ECN account and select mBTC as an account currency.We remind you that in addition to the new currency, FXOpen clients can open ECN accounts in USD, RUB, AUD, EUR, CHF, GBP, JPY, SGD, Gold. Learn more about the trading conditions on ECN accounts here.* 1 mBTC (millibitcoin) = 0.001 BTCFollow the updates on Facebook, Twitter and Google+.FXOpen Customer Service E-mail: sales@fxopen.com Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 2, 2016 Share Posted August 2, 2016 10 Most Common Mistakes Made by Novice Forex TradersDo you want to try trading Forex and succeed? Start with learning the most common mistakes beginners make in the foreign exchange market. Here`s our top 10:1. Intuitive trading decisions. The foreign exchange market is not a casino. However, novice traders view it as such, so they use mainly their intuition to make their decisions. While this may sometimes result in success, but ultimately, the trader ends up failing and losing money.2. Unreasonable expectations. Some Forex companies promise in their promotions that you’ll get rich in no time. Don’t believe them. Yes, there are people who end up rich trading Forex, but there are also those who make a fortune by selling houses. In both cases, this does not happen in one day. It can take years to build up the right experience and turn Forex trading into a full-time profitable job.3. Uncontrolled emotions. The main enemy and biggest mistake trigger of a novice trader is his emotions. When watching the deposit increase or decrease, beginners can lose their minds and take hasty steps to get more money or to stop losing it. This approach is no good. Decision-making should be well-reasoned, rather than emotion-based. In order not to increase tension, place a take-profit and a stop-loss and leave the market alone; don`t monitor it day and night.4. Inability to use a stop-loss and a take-profit. When you place a market order and leave it open, you put the entire trading account at risk. For example, when you open a long position for the EUR/USD pair, you can put a stop-loss so that your Buy order will automatically close if the price falls below a certain level. You can limit the amount of losses for each separate order, especially if you’re unable to monitor the market all the time. A take-profit order works the same way: it locks in profits by setting a level at which the position should be closed.Learn another 6 common mistakes here. Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 10, 2016 Share Posted August 10, 2016 FXOpen Resumes "Forex School" Contest on September 1FXOpen resumes admitting students to "Forex School". As the name suggests this is a free Forex contest intended primarily for beginners. You can take a short course of practical training from September 1 to 16 at ForexCup site.The contest is held on demo accounts with no participation fees. 20 best graduates will share 2,000 USD of the prize money from FXOpen. They will also be automatically admitted to participate for free in the competition on live accounts "Forex Finals". REGISTER HEREWhat you should know about Forex School (September): duration: September 1-16, 2016; registration: August 5-September 9, 2016; prize fund: 2,000 USD; winners and reward: 20 best traders get 100 USD each (not withdrawable*); requirements to get a prize: the initial deposit has to be increased by at least 30% and the minimum quantity of trades is 10. Note the restrictions:1. the prize-winner of the contest who wishes to participate further in the following "Schools" has to skip one contest;2. one contestant can get into the top 20 winners and receive the prize no more than twice.Terms of the contest: free participation; initial deposit: 100 USD; leverage: 1:500; locking: allowed; EAs: allowed; maximum number of trades opened at a time (including pending orders): 100; minimum trades quantity: 10; trading platform: MetaTrader 4 (download); 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, XAUUSD, XAGUSD, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK, USDCNH. SIGN IN!* Please note that 100 USD are not withdrawable and can only be used as a participation fee to join Forex Finals competition.Read more about the terms of the contest Forex School (September) in this thread at ForexСup forum.Source - FXOpen news Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 10, 2016 Share Posted August 10, 2016 FXOpen Resumes "Forex School" Contest on September 1FXOpen resumes admitting students to "Forex School". As the name suggests this is a free Forex contest intended primarily for beginners. You can take a short course of practical training from September 1 to 16 at ForexCup site.The contest is held on demo accounts with no participation fees. 20 best graduates will share 2,000 USD of the prize money from FXOpen. They will also be automatically admitted to participate for free in the competition on live accounts "Forex Finals". REGISTER HERE What you should know about Forex School (September): duration: September 1-16, 2016; registration: August 5-September 9, 2016; prize fund: 2,000 USD; winners and reward: 20 best traders get 100 USD each (not withdrawable*); requirements to get a prize: the initial deposit has to be increased by at least 30% and the minimum quantity of trades is 10. Note the restrictions:1. the prize-winner of the contest who wishes to participate further in the following "Schools" has to skip one contest;2. one contestant can get into the top 20 winners and receive the prize no more than twice.Terms of the contest: free participation; initial deposit: 100 USD; leverage: 1:500; locking: allowed; EAs: allowed; maximum number of trades opened at a time (including pending orders): 100; minimum trades quantity: 10; trading platform: MetaTrader 4 (download); 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, XAUUSD, XAGUSD, SGDJPY, USDTRY, USDHKD, USDSGD, USDPLN, HKDJPY, NOKJPY, NOKSEK, USDMXN, USDRUB, USDSEK, USDNOK, USDDKK, USDCNH. SIGN IN!* Please note that 100 USD are not withdrawable and can only be used as a participation fee to join Forex Finals competition.Read more about the terms of the contest Forex School (September) in this thread at ForexСup forum.Source - FXOpen news Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 15, 2016 Share Posted August 15, 2016 Build Your Trading System, or How to Earn from Forex Knowing Biggest Banks’ Behavior In this article, I would like to explore the issue of trading. My own trading ideas and attitudes that influence decision-making.In fact, I’m not that experienced to think of myself as an expert in trading, but I have been trading long enough to develop my own view on the issue. I hope it may seem helpful to some of the readers. My key message is that the counterpart of your trading on the broker’s side is people like you who are also enthusiastic about the market, who devote every day to analyzing the price movements and earning from trading.I believe that an effective trading system should be built on the following three principles: Money management; Determine market conditions; Determine entry/exit. Let me give you an example, just to be clear what I mean.For example, you know that the United States adopted ‘quantitative easing’, and so gold is likely to go up. This is a condition that will affect the price.Follow your rules, and you establish the point on the chart where you plan to open and close the deal. This is a technique of entry and exit.Before you open a trade you will also have to address the issue of risk control and position volume. Here you are involved in money management.No doubt all three elements are equally important and need appropriate attention. However, today I would like to talk just about the conditions. I am convinced that it is the core of any trading system.What are conditions?Primarily the сonditions determine when and where to open a position.A couple of examples from my practice:Until January 2015, for three years there was bind between the Swiss franc and the euro. During this time, many trading systems were built on this idea. Certainly this example has caused many a smile as we all know how that story ended, but I assure you that a lot of people made money on it. More than the rest, it affected the brokers and not the traders.The following example is a period of low volatility in an early Pacific session, after the closing of the largest venues. This time is often used by algorithmic traders to run their robots.Even the upcoming British exit from the Eurozone (Brexit) could act as a condition. This fact will undoubtedly influence the value of the British pound against other currencies.As you can see there are a lot of conditions that affect the price. Some affect the price constantly from day to day, others come and go. Naturally there arises the question of choice. By making this choice, each one of us relies on his own belief system. Someone believes in technical analysis and for him the history of price movement is the most important thing. The other believes the wave theory, etc. In any case, this choice will be driven only by your own belief system.I stop here, because for the longest time I could not answer this question. What do I believe? What ideas or tools would I trust more than others? And despite the fact that today I have already decided, and with ideas and with tools, I keep asking myself this question in the search for more efficient tools for analyzing markets.My belief systemAs we all know, most traders lose money. Hence there is a small percentage that take all the money. Because if someone lost, someone else won. This is certainly a very simplified model, but it is important to understand that the profit of one of the participants is the sum of the losses of others. When I say loss I do not mean loss in the literal sense, but rather what someone paid for it. Maybe even paid voluntarily and on their own. The result is a certain group that distributes among themselves the loss of all the other participants. Naturally the question arises – who are they?For me it’s the biggest financial institutions in the world: Deutsche Bank, UBS, Citibank, Barclays, HSBC, Bank of America, Goldman Sachs, JP Morgan etc. I believe that these structures take the entire risk which other participants want to get rid of and are willing to pay for it. Once these financial institutions assume the risk they will do everything possible to avoid a scenario in which they lose money.On this basis, when I determine the conditions my idea is to open trades in the direction which would correspond to the interests of this group of participants.The tools I useAt the moment, I use two reports to track the behavior of these participants on the market.1. Commitments of Traders (COT)2. Daily Bulletin of CME In this article I am not elaborating on how you built these reports and what information they contain. Let me just say that on the basis of the first report, I analyze the structure of open interest on currency futures, and on the basis of the second I evaluate the balance of open interest at optional strikes on the same future contracts.I’d like to emphasize three benefits of using this market data to determine market conditions:1. Accessibility – this data is free.2. Regularity – you can build a workflow and track the dynamics of changes in the conditions.3. Concreteness – we get very accurate and specific information in both reports.The conclusion: the basis of each system should be the idea that reflects only your own belief system and not someone else’s. That is why it is very difficult to follow a trading system created by someone else, not you personally. And that’s why, when we study the experiences of the best traders of the world, we always see their own individual approach.If you are wondering how I build my workflow, how I analyze the data and how I interpret it, please leave a comment on this article.Translated article from S. Shirko`s blog. Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 26, 2016 Share Posted August 26, 2016 FXOpen Adds Deposits and Withdrawals via ePaymentsFXOpen is glad to inform its customers of a new option of depositing and withdrawing funds. We have expanded our list of over 20 methods of money transfer to include ePayments.You can benefit from the special low fees and quick transaction processing, when using the ePayments e-Wallet or card. Deposits are instant with the commission of only 1%. Withdrawals are typically processed within 1 hour during the working hours and the commission is 0%.To deposit or withdraw via ePayments: 1) Log in to My FXOpen areaand select ePayments in the Add Funds/Withdraw Funds menu. 2) Fill in the form indicating the amount of payment, currency, FXOpen trading account number, etc. Click Add Funds/WithdrawFunds. 3) You will be transferred to the ePayments web-page to complete the transaction.FXOpen Customer Service Quote Link to comment Share on other sites More sharing options...
FXOpen_Official Posted August 30, 2016 Share Posted August 30, 2016 FXOpen Issues Branded Debit Card for Clients FXOpen is pleased to offer its customers the unique co-branded MasterCard prepaid cards by ePayments. This is a convenient and reliable way to deposit funds to your FXOpen account and withdraw. You can use the card to make purchases online and at points of sale, as well as to withdraw cash at ATMs. The currencies available for card holders are USD and EUR. It costs 35 USD or 29 EUR to issue the unique FXOpen card. Follow this link to find out more about the fees and limits. To order a card, log in to your My FXOpen area and select Add account -> Debit cards -> Master Card. You will see two options: request a new card or link an existing card to your FXOpen eWallet. You can benefit from the special low fees and quick transaction processing, when using the ePayments card to deposit or withdraw. Deposits are made instantly with the commission of only 1%. Withdrawals are typically processed within 1 hour during the working hours and the commission makes 0%. Follow us on Facebook, Twitter and Google+. FXOpen Customer Service E-mail: sales@fxopen.com Live Chat (24/5) Quote Link to comment Share on other sites More sharing options...
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