FXOpen invites traders to participate in the Money Managers Contest involving real and active PAMM accounts. Don’t miss your chance to win a big money prize out of the 10,000 USD pool! The Contest starts on August 2, 2021. Registration will be open for the next 2 months, starting from today, and expires on October 3, 2021.
You are most welcome to join and test your abilities as a talented PAMM Master!
Contest conditions
- Contest dates: August 2 — November 28, 2021
- Registration period: From now till October 3, 2021
- Prize fund: USD 10,000
- Rewards:
- 1st -place winner gets USD 5,000
- 2nd-place winner gets USD 3,000
- 3rd-place winner gets USD 2,000
- The prize funds are to be added to the winners' Master's accounts under the Master Offer Performance Fee parameter equal to 50%
- Initial deposit: The minimum amount required to open a PAMM account (at least 1,000 USD for PAMM ECN; at least 200 USD for PAMM STP; at least 1,000 USD for PAMM Crypto);
- Minimum trading period: Two months
- Minimum number of trades per week/during the contest: 5/80
- Trading volume: At least 1 lot per stage
- Contest profit: Minimum 30% 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%.
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 the PAMM-system such account statistics for investors as equity, drawdown, exposure level, completed trades. This data should always be accessible for viewing.
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 FXOpen's forum. You can track the activity of each account in real time by clicking the links. All statistics will be based on FXOpen’s PAMM-rating.
Registering for the Contest
Open a PAMM account if you do not already have one. For this, please take the following steps:
- Register with FXOpen (if you are already a registered user and have a PAMM-account with the drawdown not exceeding 20%, please go to the last point on this list)
- 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-account with history, but the maximum drawdown on it should not exceed 20%).
Winners of FXOpen June 30 Money Managers Contest
We congratulate the winners of the previous Money Managers that ended on June 30th, 2021.
Here are our most talented PAMM managers who got their prize money:
1st place and the $5,000 prize went to rutnaomi.
2nd place and the $3,000 prize went to krutoy-bobr.
We wish the winners — and you, our esteemed reader! — further success in trading!