Results of Chinese Forex Championship from FXOpen

FXOpen

FXOpen has collated the results of the Chinese Forex Championship that was held in January-February 2014. The Championship became one of the landmark events for Forex traders, sponsored by FXOpen.

During the whole competition – 8 trading weeks – Chinese traders strived to demonstrate their superiority in Forex trading. Three of them showed the outstanding results and proved to be the contest leaders. They were rewarded with the main prizes of US$3,000, US$1,800, US$1,200 for the 1st, 2nd, and 3rd places, respectively.

Chuan Feng Lin became the main prize winner and the holder of the Best Chinese Trader title. He made 1060% profit during the whole contest period. His result appeared to be a record among the rest 1097 participants.

Zhongqing Yang with 1002% profit took the 2nd place, while Ping Zheng with 950% profit – the 3rd place.

According to the contest rules, only the Chinese traders could claim the main prizes, while everyone able to make at least 20% profit could get a bonus to their real account. Thus, 217 traders shared the bonus fund totaling US$4,000!

FXOpen congratulates the winners and wishes all the contestants new achievements!

For the details on the Chinese Forex Championship, please go to ForexCup.com.

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 Competitions

“Classics without Borders” is a Free Contest with Real Money Prizes FXOpen Announces the Results of "Forex School" Contest "CryptoMania" — A Free Contest with Real Prize Money Results of "Forex School" Contest Announced Join "Forex School" - a free educational contest on demo accounts

Latest articles

Financial Market News

Weekly Market Wrap With Gary Thomson: Inflation, EUR/USD, S&P 500, OIL

Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. Inflation Still Dogs the

Forex Analysis

Market Analysis: Dollar Falls from 10-month High

EUR/USDThe euro rose on Thursday as the dollar retreated since investors remained cautious ahead of key inflation figures due on Friday. Data on Thursday showed the US economy maintained fairly strong growth in Q2, with an unrevised annual rate

Indices

US 30 Analysis: Dow Jones Finds Support

September is likely to be the second month in a row that the Dow Jones (US 30) stock market index declined. The last time this happened was... also in September, a year ago. Important economic data was published yesterday: → According

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.