xChief has announced registration for the 13th round of its forex trading contest for traders

Forex broker xChief has announced the opening of registration for the 13th round of its popular "Gold Whale" contest, offering traders a chance to enhance their trading experience by competing for a share of a $5,000 prize fund. The monthly contest aims to reward skilled traders achieving the highest returns, combining competitive excitement with tangible financial benefits.
The "Gold Whale" contest offers a $5,000 prize pool distributed among the top 20 participants. The first-place winner will receive $1,000, while other prizes range from $750 for second place to $100 for those ranking from 11th to 20th place. xChief highlighted that participants are allowed to use any trading strategies or robots (Expert Advisors). Additionally, winners can withdraw their prize money immediately without restrictions, making the contest appealing for both experienced traders and newcomers.
To participate, traders must open a live trading account or use an existing account on the MT4.DirectFX or MT4.Classic+ platforms, with USD as the base currency. New accounts must have no prior trading history and be free from any active credits or promotional bonuses. The minimum deposit required is $100, and each participant is limited to one trading account. To participate again in future "Gold Whale" rounds, any previous contest accounts must be removed.
The "Gold Whale" contest uses a winning formula based on Return = (Net Profit / Sum of Deposits) x 100. Net Profit includes both realized and unrealized profits or losses, and the winners are those with the highest returns at the end of the contest. Contest rules require at least 10 trades to qualify, and participants are prohibited from hedging positions with other accounts at xChief or with other brokers. Additionally, activating the Swap-Free service on a contest account is not permitted.
Thanks to flexible participation conditions, traders can join and exit the contest at any time during the contest period without losing accrued funds. They have access to the full range of trading instruments and can employ any strategies and tools to maximize returns. However, xChief reserves the right to disqualify participants who do not follow contest rules, including attempts to use multiple accounts or any rule violations.
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