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UNTARA - FXOPEN Contest (By openfx )

Gain : -98.76%
Drawdown 99.22%
Pips: -395.1
Trades 51
Won:
Lost:
Type: Demo
Leverage: 1:500
Trading: Unknown

UNTARA - FXOPEN Contest Discussion

openfx
Mar 01 2011 at 21:03
12 posts
From what I read on https://www.fxopen.com/TradingTerms.aspx
ECN
1:100 for accounts with balance less than USD 1,000
1:1 - 1:500 for accounts from USD 1,000 up to 25,000 USD
1:1 - 1:200 for accounts from USD 25,000 up to USD 100 000

>> 1:1 - 1:100 for accounts from USD 100,000 up to USD 1,000,000 <<

is the contest based on FXOpen Trading terms or not?
since I see traders with leverage 1:1000

:O
dontknow
Mar 02 2011 at 03:52
2 posts
Hi

when i calculate, the margin requirement are based on leverage 1:500
Maybe you can check using this formula --> price x lot / leverage = margin requirement.
Christian Klug (chinmivi)
Mar 02 2011 at 04:16
14 posts
My demo was opened with USD 20,000. It should not be 100K automatically?
Yogesh Gajjar (yogeshgr8)
Mar 02 2011 at 06:23
19 posts
I am still not be able to login in my account number 362249 ,, Can anybody suggest me the way ?
Agamemnon
makis
Mar 02 2011 at 06:47
15 posts
HApen to me yesterday Send email to suppot they having problems
Ian Ngonda (manager)
Mar 02 2011 at 07:36
8 posts

yogeshgr8 posted:
    I am still not be able to login in my account number 362249 ,, Can anybody suggest me the way ?


Re-install the metatrader. Remember to uninstall it first. Its what I did
SFTMGM.com
Mar 02 2011 at 08:44
3 posts
Lol..Trades getting closed itself . What a crappy setup . Each contestant has different Leverage . Too many issues . Overall not suprised ,since contest is promoted by FXOpen...tha biggest **** of them all 😁
FXOpen Representative (hannafxopen)
Mar 02 2011 at 11:12
25 posts

yogeshgr8 posted:
    I am still not be able to login in my account number 362249 ,, Can anybody suggest me the way ?


Hello,
are you still unable to log in?
Make sure you select FXOpen-ECN Demo server in MT4 > FILE > LOGIN menu.
Also, try to type the server name as ecndemo.fxopen.com:443 .

FXOpen Representative (hannafxopen)
Mar 02 2011 at 11:14
25 posts

makis posted:
    HApen to me yesterday Send email to suppot they having problems
Did you manage to solve your login problem with support? if no, try typing the server as ecndemo.fxopen.com:443

If that does not work, please, PM your account number to me.
FXOpen Representative (hannafxopen)
Mar 02 2011 at 11:14
25 posts

chinmivi posted:
    My demo was opened with USD 20,000. It should not be 100K automatically?
Please, PM your contest account number to me, we will check.
Yogesh Gajjar (yogeshgr8)
Mar 02 2011 at 11:41
19 posts
Hello ,

I tried with the same server as you have given but unable to login in my account , it shows Invalid account so let me know some other way to login
FXOpen Representative (hannafxopen)
Mar 02 2011 at 11:54
25 posts

openfx posted:
    From what I read on https://www.fxopen.com/TradingTerms.aspx
ECN
1:100 for accounts with balance less than USD 1,000
1:1 - 1:500 for accounts from USD 1,000 up to 25,000 USD
1:1 - 1:200 for accounts from USD 25,000 up to USD 100 000

>> 1:1 - 1:100 for accounts from USD 100,000 up to USD 1,000,000 <<

is the contest based on FXOpen Trading terms or not?
since I see traders with leverage 1:1000

:O
all contest accounts were opened with 1:500 leverage. You can easily verify this if you try to calculate margin for open trades using the formula, that Dontknow suggested above - price x lot / leverage = margin requirement

Do you happen to know any of the account numbers that have 1:1000 displayed as leverage?
If yes, please, PM to me, then we will be able to check if the leverage is really different or it's just an issue of displaying leverage on the profile page,
FXOpen Representative (hannafxopen)
Mar 02 2011 at 12:00
25 posts

yogeshgr8 posted:
    Hello ,

I tried with the same server as you have given but unable to login in my account , it shows Invalid account so let me know some other way to login

You tried typing ecndemo.fxopen.com:443 in the server section and it did not work?
Are you sure you are using the correct password?
Could you check the registration e-mail from myfxbook and try to copy the password from there?
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