ForexChief is running a Souvenir promotion where clients can earn points by trading, with these points redeemable for various prizes, based on the total volume they’ve traded.
- Souvenirs offered by ForexChief
- How to participate in the promotion?
- Calculation of Souvenir points
- Accounts compatible with the offer
Numerous gifts up for grabs. The more you invest, the more points you will earn to claim the prize you desire.
Souvenirs offered by ForexChief
In addition to being able to interact on markets around the world with optimal trading conditions and state-of-the-art trading tools, all ForexChief clients have the opportunity to request access to an interesting promotional initiative, the Souvenir offer.
Participants in the initiative can win fantastic prizes by carrying out ordinary trading activities. Simply put, the customer who wishes to join the initiative (whether new or existing), will need to make a deposit and start investing to accumulate a larger number of points that can then be exchanged for the desired souvenir.
Among the wide list of available gifts, we can find: Macbook, iPhone, iPad, Airpods, Apple Watch, Cap, T-shirt, Flashdisk, Mug and other souvenirs (the prizes that can be received vary based on the number of points accumulated).
Join ForexChief’s Souvenir promotion
How to participate in the promotion?
To have access to the initiative, the interested trader can carry out the following simple steps:
- Have an active ForexChief account
- To begin, the applicant must have a real ForexChief account. All types of accounts offered by the broker are compatible with the offer, except for PAMM accounts. If the interested trader does not have a real account and wants to participate in the initiative, they can quickly register and open a new account by clicking here.
- Make a deposit.
- Choose the payment method that best suits your needs and make a deposit to start investing.
- Trade to earn more points
- Now all that’s left to do is engage in trading to accumulate the necessary points to receive the coveted prize!
To see the detailed list of available prizes, the customer will need to access their personal Area.
Join ForexChief’s Loyalty Program
Calculation of Souvenir Points
As already explained, to accumulate enough points to receive a prize, the trader simply needs to invest. The greater the total points accumulated, the more prizes can be requested. Points are calculated with the following formula: $ 500,000 traded = 1 point.
For example: Assuming a customer has closed 3 positions:
- A BUY order of 1 lot EURUSD (1 lot = 100,000 EUR) opened at a price of 1.02505 and closed at 1.03704. The trading turnover in USD for this order = (100,000 * 1.02505) + (100,000 * 1.03704) = 206,209 USD
- Selling 1 lot of GOLD (ticker XAU/USD), where 1 lot = 100 oz. Order opened at a price of 1801.24 and closed at 1805.35. Trading operation in USD = (1801.24 * 100) + (1805.35 * 100) = 360,659 USD
- Selling a lot of WTI crude oil (ticker XTI/USD), where 1 lot = 1000 barrels. Order opened at a price of 91.35 and closed at 94.50. Trading operation in USD for this order = (91.35 * 1000) + (94.50 * 1000) = 185,850 USD
The total trading done by the customer is: $ 206,209 + $ 360,659 + $ 185,850 = $ 752,718
Therefore, they will receive: $ 752,718 / $ 500,000 = 1.5 points
The total points based on trades made will be calculated weekly. The accumulated points will be added to the trader’s account once a week, on weekends. Once the necessary point balance has been reached to request the desired prize, the customer can order it in their Personal Area. Subsequently, the personal manager will contact them to agree on any delivery details.
It is important to clarify that accounts with an active no-deposit bonus and PAMM accounts are not compatible with the offer.
Currently, the only countries where the Souvenir promotion is active are India, Indonesia, Iran, Malaysia, Nigeria, Ghana, Benin, and Vietnam. But the broker is committing numerous resources to make it available worldwide. To stay constantly updated on the evolution of the promotion, just visit the official website and contact the support team.
Go to ForexChief’s Official Website
Accounts compatible with the offer
As mentioned, among all the accounts offered by ForexChief, the customer can choose the following to access the Souvenir initiative: MT4.DirectFX, MT4.Classic+, MT5.DirectFX, MT5.Classic+, cent-MT4.Classic+, cent-MT4.DirectFX, cent-MT5.DirectFX, cent-MT5.Classic+.
Each account has distinctive features. By consulting the next table, you can learn about their details.
Features | MT4.DirectFX | MT4.Classic+ | MT5.DirectFX | MT5.Classic+ | cent-MT4.Classic+ | cent-MT4.DirectFX | cent-MT5.DirectFX | cent-MT5.Classic+ |
---|---|---|---|---|---|---|---|---|
Platforms available | MetaTrader4, iOS Trader, Android Trader | MetaTrader4, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader | MetaTrader5, iOS Trader, Android Trader |
Minimum deposit required | $10 (or equivalent) | $10 (or equivalent) | $10 ( or equivalent) | $10 (or equivalent) | $10 (or equivalent) | $10 (or equivalent) | $ 10 (or equivalent) | $10 (or equivalent) |
Available currencies per account | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, British Pound Sterling ,Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen | US Dollar, CHF, Pound Sterling, Euro, Japanese Yen |
Maximum leverage | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 (1:5 for crypto) | 1:1000 ( 1:5 for crypto) |
Execution type | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution | Market Execution |
Position accounting system | Hedging | Hedging | Hedging or netting | Hedging or netting | Hedging | Hedging | Hedging or netting | Hedging or netting |
Spread | Floating from 0 pips | Floating from 0.3 pips | Floating from 0 pips | Floating from 0.3 pips | Floating from 0.3 pips | Floating from 0 pips | Floating from 0 pips | Floating from 0.3 pips |
Requotes | None | None | None | None | None | None | None | None |
1 lot size (Forex) | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 | 100 000 |
Stop Out | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |
Margin call | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
Available Contracts | Over 150 Forex, Metals, Commodities, Indices, Stocks, Cryptocurrencies | Over 150 Forex, Metals, Commodities, indices, stocks, cryptocurrencies | Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies | Over 60 Forex, metals, commodities, indices, stocks, cryptocurrencies | 40+ Forex, Metals | 40+ Forex, Metals | 40+ Forex, Metals | 40+ Forex, Metals |
Minimum order size (lots) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) | 0.01 (increment – 0.01) |
Maximum order size (lots) | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
Maximum number of open orders | 500 | 500 | 500 | 500 | 200 | 200 | 200 | 200 |
Total volume of open positions (lots) | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Expert Advisors | Available | Available | Available | Available | Available | Available | Available | Available |
Scalping | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Revenue discounts | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Islamic account | Yes | Yes | Yes | Yes | No | No | No | No |
For more information, please inquire to xChief Official Website Official Website directly. In order to participate to the Promotion, you must have a xChief Account. If you haven't opened an account yet, please open one from here for Free.
xChief official website is here.
Please click "Introduction of xChief", if you want to know the details and the company information of xChief.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...