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FXCM King of the Micro Enter the Forex Trading Competition

Wednesday, 27 August 2008 03:35

FXCM has announced that its “King of the Mini” contest has undergone a make over and will now be known as “King of the Micro”

FXCM Micro is the discount brokerage division of FXCM, and as such, clients of FXCM Micro will trade forex with super-low spreads, automated execution, and 1K lot sizes. FXCM Micro is offered for individual, self-traded accounts.

FXCM’s popular live-trading monthly competition, which has been running for over four years, awards over $4,000 in cash prizes each month to five Micro-account holders with the highest percentage gain. 


How the Contest Works:

The contest begins at 5:00 PM (EST) on the 1st trading day of each month and ends at 4:59 PM (EST) on the close of the last trading day of the month. The winners will be determined by calculating the highest percentage gain each month. The percentage gain will be based on the ending gross P/L (including floating P/L) as a ledger balance against the beginning balance for the calendar month. Winners will be announced by the fifteenth of the following month.

How to Enter:

There is no registration form to complete or entry fee required to compete. All live FXCM Micro accounts with a minimum balance of $500 by the first of each month are automatically entered into the contest.

Open a live Micro account with as little as $25 and start trading to be King of the Micro.

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

To visit FXCM click here



More Information:
Jaclyn Sales

Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
 This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
 This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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General Information

Broker: FXCM

Trading Platforms : Trading Station II, MetaTrader 4, Active Trader, Forex System Selector 

Established : 1999

Languages : Spanish, French, Chinese, Russian, Portuguese, German, Italian, Arabic

Account Options

Accounts : Demo, Mini, Micro

Bonus : n/a

Demo Account : Yes

Min. initial Deposit :  Micro - $25; Standard - $2,000; MT4 - $2,000; Active Trader - $25,000

Payment Options : Credit/Debit card, Online Check, Bank Wire, Paper Check

Trading Options

Spread : from 1 pip

Leverage : 1:200

Currency Pairs : 32

Extra Fee : None

Support Information

Email : sales@fxcm.com

Phone :

+ 1-212-897-7660

Toll-free (USA): 1 888-50-FOREX (36739)

Fax: 212-897-7669

Online Support : Yes