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FXOpen's new trading contest: "CFD Open" for demo accounts
FXOpen, a broker regulated by the ASIC and the FCA, this recently launched a demo account trading contest called "Open CFD". The competition is designed for traders who want to trade indices, oil and gas. Registration is currently open to take part in the competition which will take place from 13 June to 8 July.
Prizes:
1 : 800 USD
2 : 300 USD
3 : 200 USD
4 : 100 USD
5 : 100 USD
6 : 100 USD
7 : 100 USD
8 : 100 USD
9 : 100 USD
10: 100 USD
At the end of the contest, the winners will have to open an ECN account with FXOpen, where the prize will be credited. Only profits can be withdrawn, the prize is only intended for trading.
Contest rules:
Free to enter
ECN demo account
Initial deposit: 5,000 USD
Leverage: 1:100
Automated trading (EA) authorised
Volume of a lot: from 0.10 to 1 (maximum 1 lot per order)
Trading instruments: # AUS200, # ESX50, #FCHI, #GDAXIm, #NDXm, # WS30m, #NDX, #SPXm, # WS30, # UK100, #GDAXI, #SPX, # J225, XBRUSD, XTIUSD, XNGUSD
Trading platform: MetaTrader 4
Additional restrictions:
Minimum quantity of trades: 10
Minimum lot volume: 10
Maximum number of orders open at the same time: 5
To obtain a prize, you need to increase the initial deposit by at least 30%
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