FXOpen invites all traders to join PAMM School – a ForexCup trading competition. PAMM School is a free trading contest for ECN demo accounts. PAMM School starts on August 28th and will last until September 29th. Registration for the contest starts on August 7th and will remain open until September 10th. The prize fund is up to 4000 USD. The top 20 traders will get 20 PAMM STP accounts with 200 USD each and will automatically be admitted to the new competition on live PAMM accounts.
![Image](https://static.forexcup.com/Images/NewCategory/2017/forexschool-2_700x355-en-2..jpg)
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10 things you should know about PAMM School:
- Free participation;
- Dates: August 28 - September 29, 2017;
- Registration: August 7 - September 10, 2017;
- Prize fund: 4000 USD;
- Rewards: the best 20 traders will get a PAMM STP account with 200 USD each*;
- Requirements: the initial deposit must be increased by at least 20% and the minimum quantity of trades must be 10;
- Initial deposit: 200 USD on a demo ECN account;
- Leverage: 1:100;
- EAs and locking: allowed;
- Maximum number of trades opened at the same time (including pending orders): 5.
[url="https://www.forexcup.com/rules/"]Competition rules[/url] and Restrictions:
- the prize-winner of the contest who wishes to participate in "PAMM Schools" further has to skip one contest;
- one contestant can get into top-20 winners and receive a prize no more than twice;
- It’s prohibited to provide unreliable personal information;
- It’s prohibited to copy other participants’ trading strategies in a competition.
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[COLOR="#FF0000"]*[/COLOR] The 200 USD prize money will be added to the winner's Investment account. This money is not withdrawable and can only be used to open a PAMM STP account. All PAMM accounts opened by the winners will automatically be eligible to take part in the new contest on live PAMM accounts. To take part in this new contest, the drawdown of your account must be less than 20%.