On November 12, the competition starts on the demo accounts of "The Sheikh's Treasure"

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Was your eternal dream to feel like a Middle Eastern sheik? FXOpen will enable you here! Trade in pus, gold, silver and gas like a real sheik! Between ten winners in the new joint FXOpen and ForexCup competition "Sheikh's Treasure" the prize pool will be divided 3000 USD.

Each participant has 4 weeks to prove their worth and win the main prize, as well as gain real experience in trade in raw materials and precious metals and improve their trading skills!

Terms of the competition

• Time: November 12 - December 7, 2018,
• Register: it has already begun and will remain open until November 25,
• The first payment is: 5000 USD,
• Financial leverage: 1: 100,
• Investment instruments: XAGUSD (SILVER vs. US dollar), XAUUSD (GOLD vs US dollar), XTIUSD (Oil US vs. US dollar), XNGUSD (natural gas US vs US dollar), XBRUSD (Oil Brent UK vs US dollar),
• The maximum number of transactions opened at once (including pending orders): 5,
• The minimum value of one order: 0,01,
• Maximum value of one order: 1,0
• Call to top up the deposit: 100%,
• Lock mechanism Stop Out: 50%,
• Account type: demo (competition) ECN,
• EA and automata: allowed,
• Requirements for obtaining the prize:
  • increase of the initial deposit by at least 20%,
  • the minimum number of transactions is 10 with the minimum 10 value of flights,
  • finding yourself in the 10 ranking of the best traders in relation to equity.

Winners and prizes

• Total prize pool: $ 3
• 10 of the best participants will be awarded with the following cash prizes (50% can be withdrawn, 50% as a bonus can not be withdrawn). At any time, you can only withdraw the profit from trading in bonus funds.
  • 1st place - $ 1050 ($ 525 + $ 525 bonus)
  • 2nd place - $ 750 (375 + 375),
  • 3nd place - $ 300 (150 + 150),
  • 4nd place - $ 240 (120 + 120),
  • 5th place - $ 180 (90 + 90),
  • 6nd place - $ 150 (75 + 75),
  • 7nd place - $ 120 (60 + 60),
  • 8nd place - $ 90 (45 + 45),
  • 9nd place - $ 60 (30 + 30),
  • 10th place - $ 60 (30 + 30).

To receive the prize, open an ECN account (in the case of the first 3 winners) or an STP account (for the rest) and send an e-mail address number to the address info@forexcup.com. Trading profit can be withdrawn at any time via any payment system available in FXOpen.

What to do to join the competition

Beginner:

• Register an account on FXOpen and/ or ForexCup,
• Go to https://my.fxopen.com/en/Settings/Personal/ and make sure that "Name" and "Surname" have been completed,
• Join the competition with this link using data Your account.

Current customers:

• Go to https://my.fxopen.com/en/Settings/Personal/ and make sure it fills up "Name" i „Name",
• Join the competition with this link using the registration information of your account FXOpen and/ or ForexCup.

Useful links

• ECN accounts
• STP accounts
• The Sheikh's Treasure - ForexCup forum thread
• FXOpen on Telegram https://t.me/fxopen_official

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