Participate in the “Money Managers” contest and win up to $5000

FXOpen

FXOpen and ForexCup invite traders to participate in “Money Managers”, a contest with real PAMM accounts. Don’t miss your chance to win big money prizes totaling 10,000 USD! The contest starts on October 5, 2020, and registration will be open for another month until October 31.

Participate!

Contest conditions

  • Contest dates: October 5 — 31 December 2020;
  • Registration period: from now till October 31, 2020;
  • Prize fund: USD 10,000;
  • Rewards:
    • 1st place – USD 5,000;
    • 2nd place – USD 3,000;
    • 3rd place – USD 2,000.

    The prize will be added to an investment account according to 50/50 offer (50% of the profit goes to the Manager, 50% – to the investor (the Company)).

  • Initial deposit: the minimum amount required to open a PAMM account (from 1,000 USD for PAMM ECN, from 200 USD for PAMM STP, 1,000 USD for PAMM Crypto);
  • Minimum trading period: two months;
  • Minimum number of trades per month: 10;
  • Trading volume: not less than 0.5 lot per stage;
  • Contest profit: minimum 20% of the deposit
  • The drawdown should not exceed 20% in the period from the moment the contest starts until the prize money is credited (the prize money is credited within 5 working days from the moment the contest ends in case of an open offer);
  • Short-term drawdown shown in rollover should not exceed 20% after the prize money is credited, and the drawdown not shown in rollover should not exceed 25%.

Register

Contest rules and restrictions:

Only one PAMM-account may be used by a single participant during the contest. The same rule also applies to depositing and withdrawal of funds from an account, accepting investments into a PAMM account, opening new offers, using all instruments of the PAMM system without restrictions, using any strategies and advisors (PBX, MTS, etc.), as well as other standard software applications for the MT4 terminal.

It is forbidden to conceal in PAMM-system such account statistics for investors as equity, drawdown, exposure level, completed trades. This data should always be accessible to view.

Failure to comply with the above conditions will result in the prize money chargeback.

The participants’ rating will be published every week in the contest thread on our forum. You can track the activity of each account in real time by clicking the links. All statistics will be based on FXOpen PAMM-rating.

How to take part in the contest?

  • Open a PAMM account if you do not already have one. You need to do the following:
    • Register with FXOpen (if you are already a registered user and have a PAMM-account with the drawdown not exceeding 20%, you can go straight to the second paragraph);
    • Follow the main account verification procedure;
    • Open an investment account and deposit it using any available payment system in your FXOpen account;
    • Open a PAMM ECN or PAMM STP account.
  • Post a link to your PAMM account in this thread on the forum (you can link an already opened PAMM-accounts with history, but the maximum drawdown on it should not exceed 20%).

Useful links:

PAMM is not available for clients of FXOpen EU and FXOpen UK or residents of Australia.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Latest from Forex PAMM

Overview of FXOpen's Best-performing PAMM Accounts of August 2023 Overview of FXOpen's Best-performing PAMM Accounts of June 2023 Overview of FXOpen's Best-performing PAMM Accounts of April 2023 Overview of FXOpen's Best-performing PAMM Accounts of March 2023 Overview of FXOpen's Best-performing PAMM Accounts of February 2023

Latest articles

Shares

Top 5 Stocks to Watch in October: Bank on the Backfoot, No Thirst for Coca-Cola, Tech Giant Takes Dip and Electric Vehicle Volatility

October is here, and as the markets enter a new month, we take a closer look at five stocks that could be of significant interest to investors. 1) Bank of AmericaBank of America stock has taken a dive over the

Forex Analysis

Market Analysis: The American Currency Resumes Growth

The beginning of October turned out to be favourable for continued growth in the US dollar. From the data published yesterday, it follows that in September, the US manufacturing business activity index (PMI) rose to 49.0 against the forecast

Forex Analysis

EUR/USD Analysis: The Rate Updates Its Multi-month Low

Never in its history has the euro fallen for 11 weeks in a row against the dollar, but it happened. The minimum has been set for 2023. The reason seems to be that in an environment where central banks are

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.