Broker xChief (ForexChief) offers its users the opportunity to win one of 20 cash prizes for successful and efficient trading.
Traders can participate in the contest by trading on a real account and using any trading strategies and expert advisors.
"Golden Whale is a monthly trading contest that combines your regular account activities with the opportunity to win a $5,000 prize," according to xChief.
The winners of the contest are the traders who show the highest profitability. In this case, net profit includes realized and unrealized profits, where loss is also taken into account. Deposits are counted as the sum of all deposits taken into account during the contest period.
Winnings are calculated according to the formula: (net profit / amount of deposits) x 100.
Prizes will be distributed as follows:
1st place - $1,000;
2nd place - $750;
3rd place - $500;
4-10th place - $250;
11th-20th place - $100.
To enter the contest, you need to:
- Open a real account or use an existing one;
- Account type: MT4 DirectFX or MT4 Classic+;
- Account currency: US dollars;
- No trading history;
- Account must have no active trading credits or bonuses;
- Fund your account with $100;
- To participate in the contest, it is necessary to make at least 10 transactions.
The broker notes that only one account may be used at a time. xChief reserves the right to disqualify participants if more than one active account is identified.
For more details about the contest, you can contact the support team.
