Contest Features
1.
$10,000 in total prizes, 10 winners, 10 rewards
2.
Any trading strategies and bots/EAs allowed
3.
Participants can withdraw any profits earned during the competition immediately and without restrictions
4.
Traders can opt out of the competition at any time while retaining their balance
How to Participate
Sign up and open a Standard Account.
Top up your account and take part.
Gain maximum points to improve your ranking.
Become a winner and get your amazing reward!
Terms and Conditions
- To join the competition, participants must open a new live trading account or use an existing account that meets the following requirements:
- All account types are eligible, except for “Cent” accounts.
- Account currency must be USD.
- The account must be new, with no prior trading history.
- No active bonuses or promotions should be attached to the account.
- To participate in the contest, you must replenish your account with at least $100.
- Only one trading account is allowed per participant during the specified period. xChief reserves the right to disqualify participants registering and trading with multiple accounts simultaneously.
- Re-entry into the competition with a different trading account is allowed but requires a request to the support team or personal manager, provided the first account is withdrawn or removed from the competition.
- Deposits and withdrawals to/from the competition account are not restricted throughout the contest duration.
- Trading on all available instruments, using any strategy or bots/EAs, is permitted.
- Winning Formula: Points = ((Deposits - Withdrawals) ÷ 100) + Trading Turnover in lots
- Winners will be those with the highest points at the competition's conclusion and will receive the following prizes:
- 1st Place: $3,000
- 2nd Place: $1,500
- 3rd Place: $1,000
- 4th Place: $750
- 5th Place: $750
- 6th Place: $700
- 7th Place: $650
- 8th Place: $600
- 9th Place: $550
- 10th Place: $500
- Traders must execute a minimum of 10 trades. Failure to meet this criterion may result in disqualification at the discretion of xChief.
- Turnover will only be calculated for trades that meet the "Position Duration" and "Min Trade Points" criteria. Details for each instrument are available on the Contract Specifications page.
- Hedging positions within the Competition Account or between Competition Accounts and other Trading Accounts (whether with xChief or other brokers) is prohibited.
- Calculating Points based on Trading Volume applies only to trades on Currency Pairs and Metals.
- Attention!
By participating in the contest, you agree to xChief’s right to exclude you from the contest at any time without providing a reason.
