On January 6, 2020 FXOpen is launching "Forex School" - a free educational contest on demo accounts with a prize fund of $4,000. Everyone can participate in the competition.
"Forex School" is a unique possibility not only to improve your knowledge and skills in Forex trading, but also to get real money prizes. The contest will last for 4 weeks.
Conditions of the contest:
* Participation: free;
* Dates: January 6 - January 31, 2020;
* Registration: is already open and will last until January 19, 2020;
* Rewards: for Top-16 traders:
- 1st place: USD 600;
- 2nd - 3rd place: USD 400;
- 4th - 16th place: USD 200;
* Prize fund: USD 4000;
* Initial deposit: USD 200;
* Requirements: the initial deposit must be increased by at least 20% and the minimum quantity of trades must be 10;
* Trading instruments (including oil and gas): 55;
* Account type: demo (competition) ECN;
* EAs and locking: allowed;
* Maximum number of trades opened at the same time (including pending orders): 5;
* Minimum volume of one order: 0.01 (lot);
* Leverage: 1:100;
* Margin call: 100%;
* Stop out: 50%.