FRWC 2-The Second Forex Robot World Cup Is About To Begin!

Forex Robot World Cup FRWC I was a huge success. It was the first ever live forex robot competition with real tough participation rules designed to ensure transparency. Read about the FRWC I and download the Brutal Truth 40 page PDF and meet the champion of FRWC I. FRWC II is about to start soon. This will be grander than FRWC I.

FRWC Team: Forex Robot World Cup I was a great success. 329 EAs were submitted throughout the first phase of the competition. From the EAs submitted, 24 met the high standards of the FRWC rules and qualified for the live trading phase. After the live phase best EAs ended up in a profit of 145%, 88% and 36% respectively.

FRWC I champion – Drazen Ziskovic received a great cash prize. You can watch the video with the FRWC I winner!

FRWC II Expert Advisor submission phase begins

After the huge success of its first competition, the FRWC is proud to announce the start of its second automated FX trading competition. As per the Forex Robot World Cup rules, the start date for the second FRWC competition EA submission phase began Wednesday, 6th May 2010 We welcome EA developers and encourage them to join the FRWC 2, submit their EA(s) and compete for the US $150,000 in cash prizes. Prizes will be allocated to the first 13 finalists of the competition in the following amounts:

1st Place –          $100,000
2nd Place –           $30,000
3rd Place –            $10,000
4th-13th Places –    $1,000 each

3 Year Back Test – A Change In The FRWC Rules

In the first FRWC competition, we required (as per the official FRWC I rules) EA developers to submit a one year back test of their submitted EA(s). For FRWC II, we have decided that a three (3) year back-test would be more appropriate. We aim to raise the standard in the industry even further and this, of course, requires tougher qualification rules to secure much better and more stable long term performance.

HOW TO PARTICIPATE IN FRWC 2 ?

Simply open a free EA Developer account! Login to the member area, download the FXCM metatrader and send the required back tests and EA codes with description to the FRWC submission team for review!

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