What to Know About the Valetax Diwali Gold Contest
Explore the Valetax Diwali Gold Contest and review the available information to learn how the trading contest works and how to participate.
Direct link: What to Know About the Valetax Diwali Gold Contest
This Diwali, Valetax is turning gold trading into real gold: trade XAUUSD between 2 November and 31 December and you could win up to 20g of gold as a trader, or up to 30g as a partner.
The festival of lights is all about gold, and Valetax has built its Diwali promotion around it. Traders compete on a leaderboard in the Golden Trader Challenge. Master Introducing Brokers (MIBs) earn gold automatically through Gold Tier Rewards when their network hits set targets. Here is how each one works and how to take part.
At a glance
Golden Trader Challenge | Gold Tier Rewards | |
|---|---|---|
Who it's for | Valetax clients (traders) | Master Introducing Brokers |
How you win | Top 10 by XAUUSD lots traded | Reach a tier's three targets |
Top reward | 20g gold | 30g gold |
Number of winners | 10 | Unlimited |
Registration | Join on the contest page, 30 October to 1 January | Not needed |
Contest period | 2 November, 00:00 to 31 December, 23:59 (GMT+2) | Same |
Winners announced | After results are verified | 8 January |
Partners' gold is delivered within 30 days of the announcement, or paid as its cash value if delivery isn't possible.
For traders: the Golden Trader Challenge
The more XAUUSD lots you trade during the contest, the higher you climb, and the top 10 traders share 80g of gold.
Place | Reward |
|---|---|
1st | 20g gold |
2nd | 15g gold |
3rd | 10g gold |
4th to 10th | 5g gold each |
The rules in short
- Use a Standard account with a balance of at least $100.
- Trade at least 1 lot of XAUUSD to qualify for a place.
- The account must have no open trades when you join, and no credit (bonus funds).
- Your drawdown must stay within 90%.
- You can deposit and withdraw during the contest.
How to enter
- Log in to Valetax, or open an account if you don't have one.
- Open Contests, then Golden Trader Challenge.
- Click Join Contest and pick an eligible Standard account.
- Trade XAUUSD from 2 November to 31 December and track your rank under Current Leaders.
For partners: Gold Tier Rewards
Verified MIBs in India, Pakistan, Bangladesh, Sri Lanka and the Maldives win gold by hitting all three targets of a tier, with no sign-up and no cap on winners.
Tier | Lots traded | Net deposits | New active clients | Reward |
|---|---|---|---|---|
Silver | 1,000 | $50,000 | 30 | 10g gold |
Gold | 1,500 | $100,000 | 40 | 20g gold |
Platinum | 2,000 | $150,000 | 50 | 30g gold |
Each MIB receives one reward, for the highest tier reached. Results are counted across clients from the first five levels of your network who live in the eligible countries.
What counts
- Lots: closed XAUUSD trades on Standard accounts only, each at least 0.01 lot and held for over 30 seconds.
- Net deposits: deposits minus withdrawals across all your clients' accounts within the contest period. Internal transfers are excluded.
- New active clients: verified clients who make their first deposit and at least one valid trade during the contest, counted once per person.
- Your clients don't need to join the Golden Trader Challenge for their trading to count.
Tips before you start
- Join early. Registration is already open, so sign up before 2 November and be ready to trade from the first day of the 60-day contest.
- Trade with a plan, not for volume alone. The 90% drawdown limit still applies, and chasing lots with oversized positions can wipe out an account.
- Check the rules that disqualify. Multiple accounts, self-referral, farming or any manipulation can get you or your network excluded.
- Read the official Terms and Conditions in your Valetax account. Valetax can change, extend or cancel the contest at any time.
Risk warning: Trading forex and gold on margin carries a high level of risk, and losses may exceed deposits. Only trade with money you can afford to lose
Find details about the Valetax Diwali Gold Trading Contest, then check the participation information before deciding whether to enter.
