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Forexcup contest Fxopen

This is a discussion on Forexcup contest Fxopen within the Forex Brokers forums, part of the Trading Forum category; Changes to FXOpen Trading Hours on US Martin Luther King Day Dear Traders, Please note that due to the celebration ...

      
   
  1. #11
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    Nov 2020
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    Changes to FXOpen Trading Hours on US Martin Luther King Day



    Dear Traders,
    Please note that due to the celebration of Martin Luther King Day in the US on Monday, January 18th, 2021, trading hours for some financial instruments will be changed as follows:

    Monday, January 18th, 2021
    • Spot commodities CFD:
    • Gold (XAUUSD) – trading ends at 20:00;
    • Silver (XAGUSD) – trading ends at 20:00;
    • US Crude (XTIUSD) – trading ends at 19:45;
    • US Natural Gas (XNGUSD) – trading ends at 19:45.
    • Indices CFD:
    • Japan 225 (#J225) – trading ends at 20:00;
    • US SPX 500 (#SPXm) – trading ends at 20:00;
    • US Tech 100 (#NDXm) – trading ends at 20:00;
    • Wall Street 30 (#WS30m) – trading ends at 20:00.
    • Stock CFD – trading closed.

    All other financial instruments will be traded as usual.

    Please consider these changes when planning your trading activities next week.



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  2. #12
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    [SIZE=5]PAMM for Masters/SIZE]



    Masters are experienced traders who are willing to share their strategies for other clients to follow, and in return they receive a fee or a share of profit.



    Benefits of a PAMM Master's Account

    • An unlimited number of Followers


    FXOpen PAMM Technology gives you the opportunity to offer your strategy to an unlimited number of Followers, while the trading is done from a single MT4.

    • Multiple Offers with different parameters


    The Master can create several Offers with different conditions to cater for Followers with different capital and risk tolerance.

    • Automatic profit/loss allocation


    FXOpen PAMM Technology automatically shares profits and losses between the Master and his Followers. This guarantees that the Master will be paid the fees and share of profit on time and strictly according to the Offer conditions which allows the Master to focus on his primary activity – successful trading.

    • Master's Performance Monitoring


    A detailed performance monitoring system allows the Master to showcase his/her past trading results and attract new Followers. Potential Followers can choose a suitable Master based on visual and easy-to-understand charts, displaying the Master's trading results.



    Learn more

  3. #13
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    Changes to Australia Day Trading Hours



    Dear Traders,
    Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the trading hours schedule:

    Thursday, January 26th
    • Indices CFD:
    • Australia 200 (#AUS200) – trading starts at 08:10 AM (GMT +2).


    All other financial instruments will be traded as usual.

    Please consider these changes when planning your trading next week.

    source

  4. #14
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    How to start Forex trading?

    Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex

    Consider a national currency as a security, like stocks, commodities or precious metals. The recipe for success is to buy it at the cheapest price and then sell at a higher price. Or the other way round – sell at a higher price and then buy cheaper. Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex! Knowing the right time to buy or sell will do the trick. This is where market analytics, indicators, signals and automated trading systems come in handy.

    Let's consider an example:
    Currencies are traded in pairs. For example – Euro against US Dollar (EUR/USD) or British Pound against Japanese Yen (GBP/JPY). A Forex transaction involves buying one currency and selling the other currency at the same time.The exchange rate reflects the value of one currency against the another currency, For example, the quote USD/CHF 0,93160/0,93170 shows, how many Swiss Francs you need to pay to buy or sell 1 US Dollar. Currency exchange rates are always fluctuating depending on the time of the day, the country's central bank rate, government policy, market sentiment and many other reasons.

    Let's assume the market forecast the Euro is going to appreciate against US Dollar (bullish trend for EUR/USD). You decide to buy Euros with USD (buy order on EUR/USD). After some time you decide to sell the Euro at a higher price (close the open EUR/USD position). Your profit is the difference between the opening and the closing prices.

    How much money do you need to start trading Forex?
    In order to attract traders, many forex brokers, including FXOpen, offer to start trading without a starting deposit. You can start trading with us without money from $10, which are credited to you as a welcome bonus to a newly opened active STP account after passing the verification.

    Learn the basics of currency trading
    Remember that Forex trading involves high risk. There are limitless opportunities to make profit and your potential gain is very high. However,the risk of loss is high as well. If you make an independent and informed choice to become a Forex trader, you should always follow the basic risk management rules. It's not an easy task but it's very important whether you trade with a few hundred dollars or operate millions.

    Taking a good Forex education course may be the best investment you'd ever make in your trading career. Take your time to study the basics of trading and practice it in a demo account before you start trading with real money. Always be sure to follow the rule - never trade with money that you cannot afford to lose.

    Sign up with FXOpen;

  5. #15
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    Nov 2020
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    Install the FXOpen Traders Tools extension for Google Chrome and use it to help shape your trading strategies

    Dear trader,



    FXOpen prides itself on providing you with the best Forex trading tools directly from your browser! Install the FXOpen Traders Tools extension for Google Chrome and use it to help shape your trading strategies.

    Features

    • Analytics – in-depth technical and fundamental analysis and forecast for currencies and commodities by experienced financial analysts;
    • Quotes – real time prices and spreads;
    • Calendar – important events and releases that affect the forex, stocks and commodities markets;
    • Company news – latest FXOpen company news and promotions;
    • Live news – FX live trading news.


    The extension is also connected to the MyFXOpen area and Forex trading accounts page, allowing you to access the information you need with just a single click.

    source

  6. #16
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    FXOpen Cashback Program

    FXOpen Cashback Program lets traders receive an additional refund for any kind of trades including loss-making. It is easy to get cashback: it is added to your Commission account that is open automatically, with no further actions. The cashback amount is determined in accordance with the total margin used on all client's trading accounts. The program is available for all types of FXOpen trading accounts: ECN, STP, Crypto, Micro, PAMM ECN, PAMM STP.

    You can use FXOpen Cashback Program during the first 90 days from the moment of registration for new clients. For existing clients the program is available during 90 days from the moment of joining the program (connection is carried out upon request to the support service at support@fxopen.com). The minimum cashback is $5, the maximum is $1,000. The maximum cashback per trade is $100.



    How to calculate Cashback?
    The basic partnership commission (a percentage of the FXOpen trading commission or Standard commission) equals 2.4 pips (5-decimal pricing) per trade in an STP or Micro account and 15% of the commission for ECN and Crypto accounts.

    Standard Commission is multiplied by a certain coefficient, which depends on the total Used Margin on all client accounts. The table below shows coefficients for cashback calculation. The right column of the table illustrates the cashback calculation of the Standard Commission of $15.

    As you can see, the cashback value decreases with the increase in the total Used Margin. Please note, that cashback is not credited, if the total Used Margin exceeds the threshold of $1.05m within 90 days. An example of Cashback calculation and more information on FXOpen Cashback Program you can find in FXOpen Knowledge base.

    source

  7. #17
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    Nov 2020
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    Forex Contests

    Join Forex trading contests and earn real-money prizes and bonuses for your live trading!

    Take a dive into the exciting world of Forex trading contests with ForexCup! ForexCup.com offers regular weekly and monthly trading contests for demo accounts. You can join most of them for free, but some have a small entry fee. Forex trading competitions are the best way for you to gain experience in Forex trading and to try out and improve your trading strategies.

    ForexCup offers:

    • Demo ECN trading. During the contest you will be trading in the Demo ECN environment of FXOpen broker. All trading is done via the well-known and popular MetaTrader 4 terminal.
    • Real prize money and bonuses. Our bonuses and prizes are real money. After the end of the contest you can withdraw your prize or use it for live trading.
    • Partnership and Bonus Programs

    ForexCup Facts and Figures:

    • The project was launched 10 years ago;
    • During its existence, over 220 contests have been organized, including CryptoMania, PAMM School and Regional Forex Championships with over 150 PAMM accounts and the overall prize fund of more than $500,000;
    • Since 2015, over 1,500 traders have won prize money and bonuses with a total amount of $200,000;
    • Last year, 64 traders were awarded with PAMM STP accounts with 40,000 and more deposits.



    ForexCup Today:

    • Over 23,100 participants;
    • Over $5,000 prize money each month;
    • 2 regular Forex trading competitions. In 2019 "Forex School" and "Money Managers" competitions were very popular among traders. During the last contests, winners have received into management over 128 PAMM accounts with the total deposit of $80,000.
    • We also hold one-time trading contests such as "The Lord of the Crypto", "CFD Open", etc


    Join us

  8. #18
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    Nov 2020
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    Dear Customers,

    Fxopen is pleased to inform you that, New trading instruments have been added:

    SPDR S&P 500 ETF Trust (SPY)
    Global X Lithium & Battery Tech ETF (ICLN)
    iShares Global Clean Energy ETF (ICLN)
    Vale SA (VALE)
    BlackBerry Ltd (BB)
    Bayer AG (BAYN)

    Regards,
    FxOpen

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