About Us
Forex Competitions is an online stage where traders from all over the world will have the opportunity to experience the thrill of Forex trading.
This site is designed to host different types of Forex competitions in order to provide to its members a variety of contests to choose from. Members will have to compete against other member traders towards winning appealing prizes.
ACFX is the official sponsor of Forex Competitions. Atlas-Capital FX is a trade name of Atlas Capital Financial Services Ltd and a subsidiary of Atlas Bank.
Our Mission
Forex Competitions primary aim is to educate people on Forex trading and provide them with all the necessary instruments to support this effort.
We intend to suit all traders' requirements when it comes to online trading contests; therefore we aim to build a site that focuses on satisfying traders' personal preferences and high expectations. The team of Forex Competitions promises to constantly work towards improving the products and services that are being offered to our exclusive members.
Advantages:
- No risk
- Free entry and easy to access
- Opportunity to win large prizes
- No commission needed to be paid to brokers when participating in a competition
- Opportunity to learn and practice before going live
- Gain knowledge of the market
- Opportunity to compete against other traders from all across the Globe and experience techniques that may help the traders improve their skills.
- Can trade at any time of the day during the hours that the market is open
- By signing up, the trader will have access to our community, forum, blog as well as other features which allow interaction with other traders
Who is it for
Forex Competitions is targeted to all those that want to gain knowledge on Forex Trading in a risk free environment.
Beginners
It is an ideal place for beginners to get introduced, educated and learn how the industry functions free of charge. ACFX recommends to new traders to join Forex Competitions and practice before going live. Moreover, it offers the chance to new traders to test and discover the appropriate strategy that fits more to each individual's preference.
Experienced
For an experienced trader, this platform will offer the chance to test their strategies and skills in a complimentary environment without any risk. In addition, Forex Competitions provides the opportunity to both beginners and experienced traders to win Cash Prizes for Free.
What we offer
Members who will have the opportunity to:
- Participate to different types of Forex Contest.
- Win large CASH Prizes.
- Create their personal profile page, chose their own avatar and add their personal information
- Keep record of their trading activities
- Have access to Forex Competitions Community
- Interact with other traders through our forum, raise their concerns and exchange their opinion on various aspects.
These features will help our team to communicate effectively with our members and eventually it will guide us towards improve the products and services that we offer in order to make their experience as thrilling and distinctive as possible. In addition, good communication will support Forex Competitions effort of making an online global community for traders to cooperate.
Official Sponsor
ACFX is the official sponsor of Forex Competitions. Atlas-Capital FX is a trade name of Atlas Capital Financial Services Ltd and a subsidiary of Atlas Bank.
Atlas Capital FX was founded in 2007 and has its Headquarters in Limassol, Cyprus. The company is regulated by CySEC CIF 085/07, FSA License No 480859 & MiFID Compliant.
- Low spreads starting from 2 pips
- Low minimum initial deposit of $50
- No hidden fees and no extra charges
- Metatrader 4 trading platforms
- 24/5 online and phone support
Leverage
ACFX leverage is fixed but flexible. Trader can choose the Leverage on his account during the account opening process or later by contacting the account manager or dealer.
For classic account company can provide a leverage of 1:1 up to 1:500 provided the equity is below 10,000 USD.
For VIP Accounts leverage starts from 1:1 up to 1:200, provided the equity is below 50,000. For larger size accounts, lower leverage will be provided.
Account Types
ACFX offers 3 account types: Classic, VIP and STP/ECN. Please refer to this page for more details: http://www.acfx.com/live-account/account-types.
Products
ACFX offers multiple trading instruments on Forex and Commodities. All instruments are based on CFDs on Forex and Futures.
CFD's on commodities have an expiry date which is displayed when a trader tries to open a position within the order ticket.
Spreads
ACFX spreads are usually fixed. Only during Out-of- Normal trading hours and during very low liquidity periods or extreme conditions spreads maybe higher, but still non-floating.
Before you open a trade or close a trade you will be able to see the spread you are trading at.
Base Accounts Currencies
ACFX offers accounts in base currencies: USD, EUR, GBP, CHF, and JPY. In other areas, extra currencies may be available. Please check with your account manager or dealer.
Execution
ACFX provides and follows a fair execution policy. All orders requested on a valid market rate are processed promptly at the requested rate.
Trades requested at an invalid (non-existent) market price maybe be either requited or rejected.
Pending orders especially STOP orders, and during market gaps, news, extreme conditions, orders maybe filled with the next best available price.
Partners - The Group
Atlas Group has grown into one of the leading regional companies in the fields of banking, financial services, insurance, real estate, manufacturing, trade, media, education, culture and sports, posing as an example for quality and successful businesses in South-eastern Europe.
The past years of development, brave ideas and accomplished goals are proof that a good vision, commitment, cooperation and good business ethics lead to success and pave the way to the future with endless possibilities.
Our good entrepreneurship, a prerequisite of fair competitiveness, has resulted from our business philosophy always with the best. This business credo is present in every member of Atlas Group, since good partnerships and unified approach are essential for gaining advantage ahead of our competitors.
