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So the contest has just began...
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bestforexea

Biedrs kopš Oct 29, 2009  75 ieraksti Casey Lim (bestforexea) Apr 21 2010 at 06:46
@Steve... I think that is the general idea.

It did mentioned that at the end of the contest... All open trades will be closed. And of course any open drawdown will take a big whack at the profits.

However... I am wondering... If I register, set up my demo account and start toying aroound with the account. Come 5/5 do I need to open another demo account, hook it up to myfxbook and then restart?

Logically thinking that would be how it works. But there is no detail instructions as to what I need to do after I register. Just wait for 5/5 before I let my EA rip throught the demo account?

NEVER say DIE!!!
Staff

Biedrs kopš Jul 31, 2009  1240 ieraksti Ethan (Staff) Apr 21 2010 at 06:51

Spyfrat posted:
 is it still transferable to charities if the winner find it impossible (banks documents, tax info number, anti money verification and all and most importantly the required fund) to open an account with them? many thanks.


We can't answer about an account opening process, so you should contact FXDD. Not sure why would it be impossible for you to open an account with them? It's a standard registration process.

Staff

Biedrs kopš Jul 31, 2009  1240 ieraksti Ethan (Staff) Apr 21 2010 at 06:52

bestforexea posted:
However... I am wondering... If I register, set up my demo account and start toying aroound with the account. Come 5/5 do I need to open another demo account, hook it up to myfxbook and then restart?

Logically thinking that would be how it works. But there is no detail instructions as to what I need to do after I register. Just wait for 5/5 before I let my EA rip throught the demo account?


(It's stated in the rules) Any existing history will be removed prior to the contest and the balance will be reset to $1000.

ForexSeeker

Biedrs kopš Apr 20, 2010  728 ieraksti DoubleTrap (ForexSeeker) Apr 22 2010 at 03:27
How about the type of Demo ? Got classic and micro, and what leverage they give us on demo contest ?

How long is the period contest ? And the winner is only base on ROI or also include draw down performance ?

Information is Gold when come to organised.
Staff

Biedrs kopš Jul 31, 2009  1240 ieraksti Ethan (Staff) Apr 22 2010 at 07:33
- It doesn't matter if it's a classic/micro, as long as it's a demo FXDD account.
- You select the leverage.
- The period of the contest is stated in the rules, and is 1 month.
- The winners are indeed based on the return - we might create different contests in the future.

moutaz

Biedrs kopš Mar 31, 2010  63 ieraksti moutaz Apr 23 2010 at 10:52
nice work guys

i suggest to have a weekly results followup for the contestants

Staff

Biedrs kopš Jul 31, 2009  1240 ieraksti Ethan (Staff) Apr 23 2010 at 12:34

moutaz posted:
    nice work guys

i suggest to have a weekly results followup for the contestants


Once the contest starts, you will be able to see the progress live in the contests area.

DDmaster

Biedrs kopš Jan 04, 2010  43 ieraksti DDmaster (DDmaster) Apr 25 2010 at 14:30
once you win the contest and you recive a account at fxdd and you have to trade 10 lots , will you only be able to withdraw the winings from the contest or also the winings you gain while trading 10 lots ?

Our greatest weakness lies in giving up, the certain way to succeed is always to try just one more time. http://www.onlyaboutforex.com
Staff

Biedrs kopš Jul 31, 2009  1240 ieraksti Ethan (Staff) Apr 25 2010 at 15:04

davydevaux2 posted:
    once you win the contest and you recive a account at fxdd and you have to trade 10 lots , will you only be able to withdraw the winings from the contest or also the winings you gain while trading 10 lots ?


Yes, there's no reason why you wouldn't be able to withdraw your account balance.

BlueMental

Biedrs kopš Nov 18, 2009  27 ieraksti Lance (BlueMental) Apr 26 2010 at 07:00 (labots Apr 26 2010 at 07:14 )
On entering the contest, A tick box with text that states 'I agree to the contest rules' waits to be ticked. But no link to the rules is offerred. No explanation of where the rules are is offerred. (Me DUMB - look below on the bottom of the page! The rules are there :) )

In one of the posts prior to mine, it is mentioned that there are no MM restrictions. I am not familiar with what an MM is, anyone care to use words instead of acronyms?

Also is scalping allowed?

How much are we allowed to open the accounts opening balance at, and how is the winner chosen if the balances differ?

Thank you,
Blue Mental.

"Whatever you focus your attention on, your consciousness becomes." - Lex Lungold.
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