Forex Live Contest from ForexChief
- Duration: 1 month
- Available: All Clients
- How to Participate: Open register a MT4.DirectFX / MT4.Classic+ account. Fund your account with at least $100
- How to Win: Make profit with the highest profit (%) at least with 10 trades
- Withdrawal: Prize and profit can be withdrawn.
Join: ✓ ForexChief – Gold Whale Contest
Prize Total: $5,000
ForexChief – Gold Whale Contest Detail:
- Prize fund $5000
- 20 prize winners
- Any trading strategies and robots/EA allowed
- Prize money can be withdrawn immediately without restriction
- Participation in the contest can be stopped any time without any loss of accrued funds
Terms and Conditions
To participate in the contest, you must open a live account or use an existing account that meets the following requirements:
- Account type: MT4.DirectFX or MT4.Classic+;
- Account currency: USD;
- New account, with no trading history;
- Account must be without active trading credits, Welcome Bonus and/or No-Deposit Bonus.
- To participate in the contest, you must replenish your account with $100.
Participation is limited to one trading account at a given time. ForexChief reserves the right to disqualify participants using more than one account simultaneously.
Upon request to the Support Team, you have the option to participate in the contest again with a different account, provided all other accounts are removed from the contest.
You may make deposits and withdrawals to/from the contest account throughout the contest period without any restrictions.
You may trade any available instruments, using any strategy and robots/EA.
Winning Formula: Return = (Net Profit / Sum of Deposits) x 100
- The winners are those with the highest return;
- Net Profit includes realized and unrealized profit and loss;
- Sum of Deposits refers to the total amount of deposits during the contest period.
Winners receive the following prizes:
- 1st place = 1000 USD
- 2nd place = 750 USD
- 3rd place = 500 USD
- 4th to 10th place = 250 USD
- 11th to 20th place = 100 USD
To participate, a minimum of 10 transactions is required. The company reserves the right to disqualify participants failing to meet this condition.
You may not hedge positions opened on the contest account using other trading accounts (opened with xChief or other brokers).
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.
