Forexcup Contest

Watch FXOpen's June 5 - 9 Weekly Market Wrap Video

Weekly Market Wrap With Gary Thomson : PRICE OF BRENT OIL, S&P-500 , AAPL ANALYSIS, NATURAL GAS

Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights.

• The price of Brent oil rises after Saudis? decision. ?This market needs stabilisation,? Saudi Energy Minister says
• S&P-500: historical imbalance. Why is it dangerous?
• AAPL Analysis: ?Zombies? take a big bite of Apple. All-time high over already?
• Natural Gas Analysis: Third lowest value of the year about to be fuelled by optimism?

Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen.
Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions.

Watch our short and informative video, and stay updated with FXOpen.



FXOpen YouTube

Disclaimer: This forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as financial advice.

#fxopen #fxopenyoutube #fxopenuk #weeklyvideo

Source: FXOpen blog

ForexCup Trading Championship 2023



Thrilling changes in the standings

The last weeks have been full of events, and we can't wait to tell you about the intense struggle between the participants, which can be observed in our standings. Seyit Altuntas from Turkey still holds the leadership position of the tournament table, showcasing an impressive gain of 562%. Altuntas has successfully rebounded from a drawdown that occurred on May 24, demonstrating exceptional resilience and strategic trading skills.

Meanwhile, Michael Smith, representing Canada, has made a significant move in the rankings by claiming the second position with a gain of 108%. Smith took a calculated risk by withdrawing a substantial portion of his deposit, leaving only the amount necessary to participate in the championship. This decision has increased his exposure to potential losses but has also provided him with an opportunity to generate higher gains.



Smith's strategy paid off as he managed to increase his gains significantly, allowing him to surpass Josue Nauzaya Ngingasa from South Africa and secure the second spot in the standings.

Whether it's to compete for the top spot or simply to engage in a spirited exchange with fellow traders, the ForexCup Trading Championship welcoms new participants and followers. Join in and experience the thrill of a premier trading competition, where the best traders gather to showcase their mettle and redefine the boundaries of success in the Forex market.

Enroll now and take a step towards becoming a champion!

#forexcup #fxopen #tradingchampionship

Best regard

Forexcup team

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

ForexCup Trading Championship 2023


More changes in the standings

Hi there,

No sooner had we reported on the recent changes in the standings than new and no less dramatic ones happened. Michael Smith from Canada, who had only recently risen to second place, suddenly delivered a -68% gain and dropped out of the top five. Josue Nauzaya Ngingasa of South Africa returned to second place, and third place went to Fransiska Selbie from the United Kingdom. Andrea Marenda from Switzerland returned in the standings and is currently holding the fifth place.



In light of what happened, we want to once again remind all participants and followers of the importance of risk management. Regardless of how well a trader analyzes and predicts, the key to success in trading in financial markets is proper risk management. Follow the championship to build up your experience, or sign up now to compete against the best!

Enroll now and take a step towards becoming a champion!

#forexcup #fxopen #tradingchampionship

Best regard

Forexcup team

FXO Markets Ltd Disclaimer: CFDs are complex instruments and come with a high risk of losing your money.

ForexCup Trading Championship 2023


Hi there,



We are excited to announce that we have reached an agreement with FXOpen Markets Ltd to integrate their PAMM service with the Championship. Our primary goal is to encourage individuals, who possess such accounts, to participate in the Championship. Thus, people from all corners of the globe will be able to follow the best strategies of the championship leaders.



To accomplish this, we have implemented requirements for new PAMM accounts, which aim to disclose more information about traders in order to build greater trust with potential Followers.



Specifically, we now mandate that account names correspond to the actual names of the account holders. Additionally, prospective Masters must complete a survey to verify their relevant experience and capabilities before opening a PAMM account.



1.  How many years of experience do you have trading on real accounts?

2.  Have you pursued any special education or obtained relevant certificates through training programs? Please list the most valuable diplomas and certificates, in your opinion, if you have them.

3. Have you participated in any international trading championships?

4. What would you say are your most significant achievements in the field of trading or investment management?

5.  Do you possess any experience in managing investor capital? If yes, please provide a brief description of this activity, including the estimated amount of investor funds you have managed.

6.  Are you planning to bring your own investors with you, or are you looking to attract new followers through our platform?

7. Please provide your best photo and links to your social media profiles if you have any.



We expect that in the future each manager will have their own profile with information about them. We took this step to increase confidence in PAMM managers, and we are convinced that this will benefit both participants and followers of the championship.



Regards, Sergey Shirko

Overview of FXOpen's Best-performing PAMM Accounts of June 2023


At the height of summer, most often there is no desire to think about building an investment portfolio. But if one wants a stable income, one needs to carefully monitor their investments and respond in time to what is happening with their accounts. Investors want to connect only to stable PAMM providers with predictable trading and be able to relax in the summer and not be nervous about drawdowns. In each PAMM review, we select the most profitable accounts of the past month, and investors can evaluate their prospects for their investments.

As of July 1, 2023, FXOpen has 116 active accounts with investor funds in the amount of USD 1,671,234.00, according to investflow monitoring statistics.

FXOpen?s TOP-10 June 2023 PAMM Accounts

Scalp

They are considered a stable manager in trading at the FXOpen site. The account was opened in August 2019. In June, the trader was able to earn +4.05% profit by trading mainly EURAUD, GBPCAD, GBPAUD and CHFJPY currency pairs. Among the features of their trading, one can note a low drawdown, low risks, and moderate profitability. In June, the drawdown on the account was 2.38%, the deposit load was at the level of 5.01%. One can join this manager for 100 USD or more without an early withdrawal penalty.


VBPrimeFactor

This provider has been trading since August 2021, showing a stable positive result. In June, the maximum drawdown was 1.57%, the deposit load was 0.5%, and the earnings were 2.96%. The maximum drawdown since the beginning of the account opening did not exceed 21.74%. Trading is carried out in various pairs, the main ones being AUDUSD, USDCHF, EURAUD, EURCAD, EURGBP. It is possible to join this manager for 1,000 USD without an early withdrawal penalty.


BFS

The account was opened over a year ago in May 2022. This manager had a difficult month despite the positive trading results. The drawdown reached 82% at some point, but as a result, 28.53% was earned in June. It is worth recalling that since the beginning of 2023, all months have been closed with a positive result. Trading is carried out with one currency pair, AUDCAD. By the time of writing this review, there is no drawdown on the account. One can join this manager for 50 USD, there is a small penalty for early withdrawal in the amount of 5%.


Read more...

Trade global forex with the Innovative Broker of 2022*. Choose from 50+ forex markets 24/5. Open your FXOpen account now or learn more about making your money go further with FXOpen.

* FXOpen International, Innovative Broker of 2022, according to the IAFT


Disclaimer: This publication represents the News of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

ForexCup Trading Championship 2023


Introducing New Contestant with a PAMM account: Larry Grant


We are delighted to announce the addition of esteemed trader and PAMM master, Larry David Grant to the competition. With over 30 years in the financial markets, Grant is a seasoned business executive with international experience spanning management consulting, education, training, and business development. His extensive knowledge and experience make him a formidable player in the championship.

Grant's career in the finance sector has been marked by significant positions such as Investment Analyst at GNI London and Director of Systems Development at CMC Asset Management. Further, he transitioned into entrepreneurship, founding Tick Trend LLP, which eventually evolved into Tick Trend Ltd.

Grant's influence extends beyond just the traditional financial world. He is also heavily involved in the burgeoning Web3 and Blockchain space, further expanding his knowledge base and technical expertise. Not only is Larry well-versed in the international market, having conducted business throughout Europe, the US, Asia, and Africa, but he also boasts linguistic abilities, with basic fluency in Spanish and French and a working knowledge of German.

As an Associate of the Chartered Insurance Institute with a specialty in risk analysis and a member of the Society of Technical Analysts, Grant is poised to bring a unique blend of practical knowledge, strategic analysis, and innovative strategies to the ForexCup Trading Championship.

We eagerly anticipate the unique insights and competitive edge Larry Grant will bring to this season.

Regards, Sergey Shirko

Enroll now and take a step towards becoming a champion!

#forexcup #fxopen #tradingchampionship

Best regard

Forexcup team

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

ForexCup Trading Championship 2023


SPECTACULAR 1200% GAIN BREAKS NEW RECORD


This season has been marked by another breakthrough achievement. Seyit Altuntas from Turkey, currently leading the Championship, has shattered expectations and previous records with an astonishing 1200% gain.

We are thrilled to witness such outstanding performance. Seyit's success is an extraordinary representation of what persistent strategy, in-depth knowledge, and skillful execution can achieve.

With the Championship still in full swing, the door remains wide open for more breakthroughs and surprises. Remember, it's not about how you start, but how you finish. There is always a chance for anyone to win, and this year's exceptional performance by Seyit Altuntas certainly proves this.

The ForexCup Trading Championship has always been a platform where potential is unlocked, strategies are tested, and champions are made. Now, with this incredible record on the board, it's more exhilarating than ever. If you believe in your trading strategy, have the will to learn, and the courage to compete, seize this opportunity and step into the thrilling world of FTC 2023.

Regards, Sergey Shirko

Enroll now and take a step towards becoming a champion!

#forexcup #fxopen #tradingchampionship

Best regard

Forexcup team

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.