xChief Traders World Cup Contest Rules and Prizes

Direct link: xChief Traders World Cup Contest Rules and Prizes

The xChief Traders World Cup Contest is a football-inspired trading contest from xChief. Participants earn points through trading activity and can add to their final score by predicting which 4 teams will reach the semifinals. The xChief Traders World Cup Contest combines trading results and football picks, and the total prize pool is $15,000 across 23 winners.

xChief Traders World Cup Contest Schedule

• Prediction submission: June 15 to July 3
• Trading period: June 15 to July 17
• Winners announcement: within 7 business days after the contest ends

The top scorers at the end of the xChief Traders World Cup Contest will share the prizes.

How to Take Part

1. Register or sign in to your xChief account.
2. Join the xChief Traders World Cup Contest.
3. Deposit at least $100 and submit your semifinal predictions.
4. Trade for the highest possible score and compete for cash prizes.

xChief Traders World Cup Contest Terms and Conditions

1. To enter, you need a new live trading account or an existing one that meets these rules:

   • All account types are allowed except Cent accounts.
   • The account currency must be USD.
   • The account must be new and have no previous trading history.
   • The account must not take part in another promotional contest at the same time.
   • You need to deposit at least $100 to join.

2. Each participant can use only one trading account during the contest period. xChief may disqualify anyone who opens or trades with more than one account at the same time.

3. You may re-enter with another trading account if you contact support or your personal manager and the first account is removed from the contest or withdrawn.

4. Deposits and withdrawals are allowed at any time during the contest.

5. You can trade all available instruments, and you may use any strategy or EA/bot.

6. The scoring formula is:

   Base Score = ((Deposits - Withdrawals) ÷ 100) + Trading Turnover in lots
   Final Score = Base Score × (1 + Correct Predictions × 10%)

7. You must trade at least 10 lots. If you do not reach that minimum, you will not qualify for prizes.

8. Hedging is not allowed within the contest account or between contest accounts and other trading accounts, سواء with xChief or another broker.

9. Points based on trading volume apply only to Currency Pairs and Metals.

10. You must choose the 4 teams you believe will reach the semifinals. Each correct pick adds a 10% bonus to your final score.

Example

• Net deposit: $1,000, which gives 10 points
• Trading volume: 50 lots, which gives 50 points
• Base score: 60 points
• 2 correct predictions: +20%
• Final score: 72 points

xChief can disqualify any participant for fraud, abuse, arbitrage, multi-accounting, market manipulation, rule violations, or any action that harms the fairness of the xChief Traders World Cup Contest.