PAMM Master 5000 Competition from FXCup!

[RebateFX]

Do you want to become a PAMM Mnager and trade in an ECN/STP account, but do not have the starting capital? Join FXOpen’s super large demo account contest and win US$2000 + US$5000 as a PAMM investment!
The winner gets a unique chance to make a big start in Forex without an initial investment. It often takes newbies months or even years to build up the capital and start trading and earning money. Do not wait to make your dreams come true! Join FXOpen’s new PAMM Master 5000 competition and start your PAMM manager career now!


PAMM Master 5000 – FXOpen's new trading contest for demo accounts.


Terms and Conditions:
Anyone can participate
Initial deposit – $ 5000, leverage 1:50
Minimum transaction size – 0.1 lot, maximum transaction size – 1 lot
Maximum limit on open trades – 3 open trades at the same time (including pending orders)
Minimum 50 participants
Competition starts on 09.10.2011
Competition ends on 23.12.2011 at 22:35 (ForexCup time)
Expert advisors are not allowed.


The registration will start on 26.09.2011 and will end on 09.10.2011 at 22:25 (ForexCup server time).


The top 10 traders will be awarded real money prizes (the total prize money is $ 5000 + $ 5000 as an investment into the winner’s PAMM account).

• 1st place - US$2000 + US$5000 as PAMM investment. (To get the prize, open a PAMM accounts and deposit at least $1000 of the prize money to the PAMM account via internal transfer. Further instructions will be given after the end of the competition).
• 2nd place – US$950
• 3rd place – US$700
• 4th place – US$450
• 5th place – US$150
• 6th place – US$150
• 7th place – US$150
• 8th place – US$150
• 9th place – US$150
• 10th place – US$150

All prizes are withdrawable (except PAMM investment). To withdraw your prize, use any payment system on the list in MyFXOpen
:sm55:


For more details on how to enter, please go to PAMM Master 5000 09.10.2011 - 23.12.2011

[bulastika]

Do you want to become a PAMM Mnager and trade in an ECN/STP account, but do not have the starting capital? Join FXOpen’s super large demo account contest and win US$2000 + US$5000 as a PAMM investment!

Terms and Conditions:

Initial deposit – $ 5000

Just wondering. If this is a contest and you don't need to deposit then what the point of putting 5,000 dollars initial deposits in their terms and conditions? I don't think this one is a good broker site. because they can't even make their contest straight.

[kira]

Terms and Conditions:

Just wondering. If this is a contest and you don't need to deposit then what the point of putting 5,000 dollars initial deposits in their terms and conditions? I don't think this one is a good broker site. because they can't even make their contest straight.

It's a demo contest. No one is dumb enough to take on a contest that makes you deposit real money to it unless it's a really well-organized contest made by a good broker. But one thing that I don't see that's good here for the top 1 will be the requirement to deposit half of his winnings to the pamm account. Sure, he could withdraw it but wouldn't it be better if they just gave the $5000 directly in his/her pamm?