FXStars FX1000000 Trading Challenge

FxStars is going to start it’s new trading contest on the 21th of May 2012. It is a demo contest with a prize fund of $20k in monetary value ( or $10,000 + 1 000 000 WTP ); 6 tickets may also be given for the  UEFA EURO 2012 in Kiev, Ukraine. What makes this contest unique is that the number of winners includes the top 200 participants while all participants get consolation prize of 500WTP ($5 monetary value). WTP, formerly known as  SFP is a pointing system used in WelTrade Club. It can be withdrawn at 10ooo WTP. Get to know more about WTP on this page.

 

FXStars is a social network and contest venue for all traders of Weltrade. Weltrade is a forex broker from Russia with a previous brand name as SystemForex.

 

 

Prize Allocation

 

Top 20 gets premium account funded with:

1st place - $1500 + 2000 WTP
2nd place - $1000 + 2800 WTP
3th place - $600 + 3000 WTP
4th place - $500 + 3200 WTP
5th place - $400 + 3500 WTP
6th place - $350 + 3700 WTP
7th place - $340 + 3700 WTP
8th place - $320 + 3700 WTP
9th place - $310 + 3700 WTP
10th place - $300 + 3700 WTP
11th place - $290 + 4000 WTP
12th place - $280 + 4000 WTP
13th place - $270 + 4000 WTP
14th place - $260 + 4000 WTP
15th place - $250 + 4000 WTP
16th place - $240 + 4000 WTP
17th place - $230 + 4000 WTP
18th place - $220 + 4000 WTP
19th place - $210 + 4000 WTP
20th place - $200 + 4000 WTP

 

Top 20-40 gets micro account funded with:

21th place - $190 + 4500 WTP
22th place - $180 + 4500 WTP
23th place - $170 + 4500 WTP
24th place - $160 + 4500 WTP
25th place - $150 + 4500 WTP
26th place - $140 + 4500 WTP
27th place - $130 + 4500 WTP
28th place - $120 + 4500 WTP
29th place - $110 + 4500 WTP
30th place - $100 + 4500 WTP
31th place - $90 + 5200 WTP
32th place - $80 + 5200 WTP
33th place - $75 + 5200 WTP
34th place - $60 + 5200 WTP
35th place - $50 + 5200 WTP
36th place - $40 + 5200 WTP
37th place - $30 + 5200 WTP
38th place - $25 + 5200 WTP
39th place - $20 + 5200 WTP
40th place - $10 + 5200 WTP

 

41th place - 100th place gets 5500 WTP

101th place - 200th place gets 5000 WTP

 

 

How To Participate

  1. If you are registered with SystemForex or WelTrade already, use your login details to enter FXStars.
  2. If not, register with either WelTrade or FXStars.
  3. Log in to FXStars and under the “Contests” page, click participate.
  4. You will receive your contest details via email.

 

 

Terms and Conditions

  1. The contest begins on the 21th of May 2012 and ends at 15th of June 2012
  2. Registration takes place from April 27 to June 6, 2012.
  3. Winners will be announced on June 2o, 2012 at Weltrade’s website.
  4. Automated trading is not allowed. (EA’s)
  5. Minimum trade size is 1 lot.
  6. The participant may open no more than ten (10) lots in total for all positions
  7. Total lot transactions shall not be less than 5 lots.

 

 

News From WelTrade

  • SystemForex has changed its name to WelTrade.
  • WelTrade launches FXStars to facilitate its contests and to serve as a social network (friends, blogs, forum, chat).
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