How to Join xChief Traders World Cup Contest

The xChief Traders World Cup Contest is a football-themed trading contest from xChief. Participants earn points through trading activity and can also boost their final score by predicting which four teams will reach the semifinals. The xChief Traders World Cup Contest combines market performance with football picks, and the total prize pool is $15,000 for 23 winners.

xChief Traders World Cup Contest schedule

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

The highest scorers at the end of the contest share the prizes.

How to take part

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

xChief Traders World Cup Contest terms and conditions

1. 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 prior trading history.
   • The account can't take part in another promo contest at the same time.
   • A minimum deposit of $100 is required to join.
2. Each participant can use only one trading account during the contest. xChief may disqualify anyone who opens or trades with more than one account at the same time.
3. You can join again 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trading account if you contact support or your personal manager and the first account is removed from the contest or withdrawn.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 x (1 + Correct Predictions x 10%)

7. You must trade at least 10 lots. If you don't reach that level, you won't qualify for prizes.
8. Hedging is not allowed inside the contest account or between contest accounts and other trading accounts, whether with xChief or another broker.
9. Trading volume points apply only to Currency Pairs and Metals.
10. You must pick the four teams you think 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 may disqualify any participant for fraud, abuse, arbitrage, multi-accounting, market manipulation, rule violations, or any action that affects the fairness of the xChief Traders World Cup Contest.