Free “Forex School” Contest for Traders Launched

FXOpen and ForexCup have founded "Forex School". This is a series of free competitions on demo accounts designed to discover the best traders who will be given a chance to take part in live accounts trading competitions. The prize fund is 1,000 USD; each of the top-10 participants will have 100 USD credited to their accounts.

The training course will last for two weeks - from March 21 until April 1. The participants will be able to improve their MT4 platform skills, test their trading strategies and Expert Advisors.

Terms of the contest:

• free participation;
• trading platform: MetaTrader 4;
• initial deposit: 100 USD;
• leverage: 1:500;
• locking: allowed;
• EAs: allowed;
• maximum number of orders opened at a time (including pending orders): 100;
• minimum trades quantity: 10;
• tradinginstruments: 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, #AUS200, #ESX50, #FCHI, #GDAXIm, #NDXm, #WS30m, #NDX, #SPXm, #WS30, #UK100, #GDAXI, #SPX, #J225, XBRUSD, XTIUSD, XNGUSD;

Duration: March 21-April 1;

Registration: March 3-27;

Prize fund: 1,000 USD;

Winners and reward: to be eligible for the prize, participants have to increase their initial deposit by at least 30%. 10 best traders win 100 USD that are not withdrawable and can only be used as a participation fee to join Forex Finals, Tour XI (starts on April 11).

• Read more at ForexCup