FXOpen starts «Money Managers» contest on real PAMM accounts with $10,000 prize fund
FXOpen broker is inviting traders to take part in "Money Managers", a competition on real PAMM accounts, offering $10,000 in prizes. The competition starts on 30th September and registration is open untill 1st November.
Conditions of the contest
- Dates: September 30 - December 27, 2019;
- Registration open now until 1st November 2019;
- Prize fund: USD 10,000;
- Rewards*:
- 1st place - USD 5,000;
- 2nd place - USD 3,000;
- 3rd place - USD 2,000.
- Initial deposit: any amount, but not less than the minimum amount for opening a PAMM account (from USD 1,000 for PAMM ECN, from USD 200 for PAMM STP);
- Minimum trading period: not less than 2 months;
- Minimum number of trades per week: 2;
- Trading volume: not less than 0.5 lot per stage;
- Profit at the end of the contest: at least 20% of the deposit;
- Drawdown during the contest must not exceed 20%**, and short-term drawdown of 25% and more, even if it was not recorded at a rollover will be considered as a loss and a cause for withdrawing the prize.
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Trading in financial markets with margin financial instruments has a high level of risk and may lead to losses and loss of investment funds. When starting trading, make sure that you are fully aware of all the risks, as well as have the appropriate knowledge and experience for trading.
