How to open xChief's Bonus Trading account?

xChief

Are you a trader looking for a broker that offers excellent investment options, flexible trading conditions, and exciting promotional initiatives? xChief is the right solution for your needs! An international STP broker authorized by the VFSC, xChief provides traders with a service based on two fundamental concepts: innovation and constant support. A carefully structured environment allows clients to trade on a wide range of instruments including forex, precious metals (gold and silver), commodities (crude oil and gas, including WTI and Brent), CFDs on indices (10 major stock indices), and stock CFDs (stocks of the world’s most quoted brands).

Additionally, as an STP-ECN broker, xChief allows traders to interact in the markets without intermediaries or price manipulation. The trading conditions, both flexible and advantageous for any category of trader, include minimal deposits, variable spreads starting from 0.0 pips, and trading commissions starting from zero. To interact in the markets, the platforms available are among the most popular and efficient in the world: MT4 and MT5. Both are available in desktop and mobile versions.

In summary, a respectable broker whose main goal is complete customer satisfaction, made possible by the high quality of the service offered, periodic updates, and excellent security standards.

In addition to the unquestionable quality of the service offered, the broker periodically proposes interesting promotional initiatives. Bonuses, programs, and discounts, created to enhance the trading of clients and encourage them to give their best to improve their style.

Visit xChief’s Official Website

Promotions Offered by xChief

As mentioned earlier, xChief invests numerous resources in creating compelling promotional initiatives, with the intent of further benefiting its clients and spurring them on to execute increasingly profitable operations. Bonuses, contests, discounts, and exclusive services are offered periodically to ensure tangible support to traders, capable of increasing investment opportunities, profit percentages, and trading experiences.

Below, the wide range of promotions available at this time:

• Gold Whale.
• $1000 Extra Funds.
• 100% Welcome Bonus.
• $100 No Deposit Bonus.
• Souvenir.
• Special Trader Package.
• Loyalty Pro.

Access Promotions Offered by xChief

Gold Whale

The “Gold Whale” is an exciting monthly contest that allows traders to redeem fantastic cash prizes. Participating in the initiative, the trader must compete by demonstrating his skills to win the prizes at stake.

It works like this: to activate the promotion, traders must make a minimum deposit of $100. In one month, the 20 participants who achieve the best performance will receive a withdrawable cash prize. The total prize pool is $5000 and will be divided as follows:

• The 1st place will receive 1000 USD.
• The 2nd place will win 750 USD.
• The 3rd place 500 USD.
• From 4th to 10th place 250 USD
• From 11th to 20th place, traders will receive 100 USD.

To participate in the initiative, simply follow these simple steps:

• Open a fully verified real account.
• Make the necessary minimum deposit to activate the promo.
• Trade using your full capabilities.
• Achieve the best performance to win a prize.

Regulation and Useful Information

Each trader must read and accept the regulations to participate in the promo. Below, a summary of the main rules and useful information:

• The contest is open access, both traders who already have an account and new sign-ups can participate.
• The accounts compatible with the promo are: DirectFX and Classic+
• Each account must be strictly verified.
• The promo is only activatable on new accounts on which no transactions (deposits, trades, etc.) have been performed.
• The only currency available is USD.
• The contest is not compatible with other promos offered by the broker. Therefore, if the client has other active promos on their account, they must necessarily open a new account to participate.
• Each trader will have the opportunity to participate in the contest with a single account. Traders using multiple accounts simultaneously will be automatically disqualified.
• If the trader wishes to participate again in the promo with a new account, they can make a request to the support team, provided that all other accounts are removed from the contest.
• All participants may deposit and withdraw funds during the promotional period without any restriction.
• By participating in the contest, the trader can trade on any available instrument using any allowed strategy (including EA – automated trading).
• The 20 traders with the best monthly performance will win the prizes at stake. Winning traders will be selected using the following formula: Performance = (Net Profit / Sum of Deposits) x 100.
• Net profit (profit) includes: realized and unrealized gains and losses.
• Sum of deposits: total deposits made during the entire promotional period (one month).
• Participants are required to make a minimum of 10 trades during the promotional period. If this condition is not met, the trader will be disqualified.
• Hedging operations using other accounts is not allowed.
• Swap-Free accounts cannot participate in the initiative.
• The broker reserves the right to disqualify or exclude participants at any time and without providing any reason.

Participate in the Gold Whale Contest xChief

$1000 Extra Funds

An interesting promo exclusively dedicated to experts in the field, “$1000 Extra Funds” allows a professional with high experience to receive $1000 extra funds, simply by creating a new investment fund. Once the fund is created and the minimum deposit made, the trader must contact the support team to receive the extra funds.

The professional interested can access the initiative by following these simple steps:

1. Creation of the investment fund: The fund to be created must be a “Public Fund” with a manager’s compensation not exceeding 20%.
2. The new fund must be activated before it can allow access to investors. To successfully activate the fund, the trader must: make a minimum deposit of at least $100 and verify their personal data. Once the fund is finally activated (and consequently visible in the trading system), investors can begin trading.
3. Once the fund is successfully activated and verified as entered in the investment system, the professional must:
   1. Send an email to the support team at backoffice@forexChief.com or alternatively create a ticket.
   2. Attach to the email proof of their trading experience (such as a trading statement from another broker or a screenshot of reliable investment resources). Once the request is made with the required proofs attached, $1000 will be added to the new fund.

It is important to remember that the extra funds will be credited by a real investor who can withdraw their investment at any time. To continue to arouse interest and trust in investors, the professional must first avoid significant losses and create profitable and well-managed risk strategies, lest the trader lose interest and withdraw their investment from the fund.

Take Advantage of $1000 Extra Funds Offered by xChief

100% Welcome Bonus

Undoubtedly one of the most popular promos offered by the broker, the 100% Welcome Bonus is an initiative exclusively dedicated to new sign-ups that offers the opportunity to receive extra funds up to 100% of the first deposit made, up to a max of $500.

To access the promo, the interested trader must open a new account and verify their identity. To activate the bonus, the new client must make a minimum deposit of $50. Once the deposit is made, the trader will receive extra funds equal to 100% of the deposit made. The bonus can be withdrawn if certain trading conditions are met. Any profits can be withdrawn at any time.

To request the promo, simply follow the next very simple steps:

First Step

Open a real account compatible with the promo and verify the data provided for registration.

Second Step

In your personal area (or alternatively on the dedicated promotions page), click on the “Access the Welcome Bonus” icon.

Third Step

Make the minimum deposit required to activate the promo and wait for the extra funds to be credited to your account.

Final Step

Trade to meet the minimum requirements for withdrawing the bonus. Profits made during the promotional period can be withdrawn at any time.

Rules and Information to Know

Like the other promos offered by the broker, the welcome bonus has regulations that every trader must read carefully and accept. Below, a summary of the main information and rules to follow.

• The promo is available only for Classic+, DirectFX, or xPRIME accounts.
• Each trader can access the initiative once and on a single account.
• The bonus amount is equal to 100% of the deposit made and allows the trader to receive extra funds up to $500. Making subsequent deposits, the customer will not receive other extra funds.
• Any profits generated through the use of the bonus can be withdrawn at any time.
• The Welcome Bonus can be withdrawn if trading conditions are met. The formula that allows calculating the turnover required for withdrawal is as follows: Required Turnover = Welcome Bonus in USD * 50,000. For example: If a client makes a deposit of $200, they consequently receive a welcome bonus of $200. The required turnover would be $10,000,000 (200$ x 50,000), equivalent to 44 lots EURUSD.
• To be considered eligible for completing the requirements necessary for withdrawal, the operations carried out must be strictly opened and closed. For example: the trader opens a position by purchasing one lot EURUSD (1 lot = 100,000 EUR). Position opened at the price of 1.1257 and closed at 1.1283. Trading turnover = (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD
• The promotional initiative cannot absolutely be used in a “drawdown” situation. In case this occurs, the promo will automatically be canceled if the capital is equal to or lower than the credit. Once canceled, all positions will be forcibly closed (stop out). For example: A participant has deposited $500 on their account and has received a welcome bonus of $500. If the capital decreases to $500 (value in the credit field), the Welcome Bonus will be automatically canceled and all positions will be closed in stop out.
• By activating the Welcome Bonus on their account, the total funds available for withdrawal can be withdrawn according to the following formula: Withdrawable Funds = Free Margin – Welcome Bonus – Deposit Amount for which the Welcome Bonus was awarded.
• If the trader intends to remove the aforementioned withdrawal restrictions, they can cancel the Welcome Bonus by accessing their personal area. This will cause the deletion of the extra funds from the trader’s account.

Request the Welcome Bonus Offered by xChief

$100 No Deposit Bonus

A very interesting promo that allows traders to receive extra funds simply by opening a new account, the $100 No Deposit Bonus is a great solution for traders intending to test the offered environment without having to commit funds and at zero risk.

By opening a new strictly verified account and downloading the app on their mobile device, the trader will receive $100 in extra funds that can be used in trading and eventually withdrawn if conditions are met.

1. Open a new account.
2. Undergo a verification process of your identity and country of origin.
3. Download the xChief app on your mobile device.
4. $100 in extra funds will be credited to the client’s account.
5. Use the bonus in trading without any time limit.
6. Withdrawal of the bonus if trading conditions are met. Any profits withdrawable at any time.
7. The trader may freely use any strategy or tool to trade, including trading robots for automated trading.

Terms of Use

By consulting the next list, it will be possible to know the regulations and the main information concerning the promotional initiative:

• The “$100 no deposit bonus” promo can only be requested on account types: DirectFX and Classic+.
• To access the initiative, the trader must install the xChief app on their mobile device and undergo a procedure to verify the data provided at the time of registration.
• The promo can be activated exclusively through the mobile app.
• By opening the app on their device, the customer will need to select the “Bonuses and Credits” icon and click on the “No Deposit Bonus” option. Choose the type of account that best suits their needs and click “next”.
• The extra funds resulting from the initiative can be withdrawn only if the client has reached a trading volume of USD 10,000,000. To be eligible for calculating the withdrawal conditions, each operation must be opened and closed. For example: the trader buys one lot EURUSD (1 lot = 100,000 EUR) order opened at the price of 1.1257 and closed at 1.1283. The trading value in USD for this order is (100,000 * 1.1257) + (100,000 * 1.1283) = 225,400 USD.
• The maximum amount withdrawable having met the trading conditions is $100. Once the $100 is withdrawn, the total profit will be removed from the account. For example: A client has closed 42 lots of EURUSD, which means that the trading volume is over 10,000,000 USD. At the same time, the account balance has increased to $250 USD. Consequently, the client can only withdraw $100; the remaining $150 will be deleted from the account.
• An account with an active promo will have the same functionalities as any other account and the trader can make additional deposits without any restriction. Despite this, during the promotional period (and having not yet met the conditions for withdrawing the extra funds) the trader can only withdraw exclusively their own funds.
• The promo is not compatible with other initiatives offered by the broker, however, by opening a new account, the client can access the $500 welcome bonus.
• The promotional initiative is not activatable in the following countries: Algeria, Angola, Bangladesh, Benin, Botswana, Cameroon, Ivory Coast, Congo, Cuba, El Salvador, Ethiopia, Ghana, Honduras, Kenya, Madagascar, Malaysia, Morocco, Mozambique, Namibia, Nigeria, Nicaragua, Pakistan, South Africa, Somalia, Sri Lanka, Swaziland, Togo, Thailand, Zambia, Zimbabwe, Venezuela, Uganda, Uzbekistan.
• The bonus can be requested once and on a single account. In case the broker suspects multiple participations of a single client, it will proceed to the total cancellation of the active promos and related benefits.

Request the $100 No Deposit Bonus Offered by xChief

Souvenir

An initiative created by the broker with the intent to reward regularly active traders, “Souvenir” offers the opportunity to receive fantastic gifts simply by trading. The promo does not require any registration or minimum deposit. Account holders who meet certain trading conditions can accumulate points that can be converted into fantastic gifts including: Macbook, iPhone, iPad, AirPods, Apple Watch, hats, t-shirts, flash drives, mugs, and more.

It works like this, the trader can trade on any available instrument. The points needed to redeem the prizes will be calculated according to the following formula: $500,000 of turnover = 1 point.

For example, let’s assume the trader has closed 3 positions:

1. Purchased 1 lot EURUSD (1 lot = 100,000 EUR) at the opening price of 1.02505 and closed at 1.03704. Trading value in USD for this order = (100,000 * 1.02505) + (100,000 * 1.03704) = 206,209 USD
2. 1 lot of GOLD sold (ticker XAU/USD). 1 lot = 100 ounces. The order opened at a price of 1801.24 and closed at 1805.35. Trading value in USD for this order = (1801.24 * 100) + (1805.35 * 100) = 360,659 USD
3. Sold 1 lot of crude oil WTI (ticker XTI/USD). 1 lot = 1000 barrels. The order opened at a price of 91.35 and closed at 94.50. Trading value in USD for this order = (91.35 * 1000) + (94.50 * 1000) = 185,850 USD
4. Total turnover = $206,209 + $360,659 + $185,850 = $752,718 – The trader will receive = $752,718 / $500,000 = 1.5 points

Once the points are accumulated to request the desired gift, the customer must access their personal area and place the order. The team in charge will contact the trader to agree on the details of the order. The number of points will be calculated on the weekly turnover, and the points will be credited on weekends. It is important to specify that accounts with active promos or PAMM accounts are not compatible with the initiative and therefore will not receive points to redeem prizes.

During this period, the Souvenir promo is active only in India, Indonesia, Iran, Malaysia, Nigeria, Ghana, Benin, Vietnam. The broker is working to allow access globally.

The list of available prizes and the points needed for each individual gift can be viewed by accessing your personal area.

Earn Points and Redeem Prizes with Souvenir xChief

Special Trader Package

More than a promo, the innovative Special Trader Package is an exclusive service that allows particularly demanding clients to access higher-level tools and functions that will allow the trader to evolve their status and access an environment for high-performance trading.

To take advantage of the service, interested traders must open a Classic+, DirectFX, or xPRIME account and make a minimum deposit of $10,000. By contacting their manager through the available channels, the trader can request the Special Trader Package.

The service includes the following advantages:

Personal Manager.

A professional in the field who will always be ready for any eventuality.

Personalized Training.

A personal coach who will support the client through useful training paths, thanks to which the trader can expand their knowledge and experiences.

Free VPS on the MT5 platform.

Thanks to which the trader can operate 24 hours a day using automated trading strategies. Without interruptions due to electrical network, poor connections, or malfunctioning of their device.

Sponsored Robot/EA.

Literally a gift: the trader can choose any robot/EA that the broker will provide to purchase.

30% Extra Funds.

An extra gear to trade at its best on markets around the world. The broker offers the client a 30% bonus on deposits. To receive more details, just contact the support team.

Cashback.

Up to $3 USD per million turnover.

Privileged Transactions.

Requests for fund withdrawals in very short times.

Special Trader Package xChief

Loyalty Pro

Every trader, regardless of their experience level, is fully aware that investing is not solely synonymous with profit. Every operation has its risks and could also cause significant losses. For this reason, the broker has created a program with the aim of rewarding the trust of its clients and protecting them in case of sudden losses: the Loyalty Pro.

The initiative is activatable by making a deposit of $2000 and offers:

• An account insurance of 30%: in case the account is blocked, the broker will credit 30% of the initial deposit.
• A 25% Bonus: Activatable for traders who operate in such a way as to not cause stop out situations, the broker credits a 25% bonus equal to the amount of the insurance.

Below, the main advantages of the promo:

1. The trader can withdraw profits without any restriction.
2. After meeting the trading conditions, the client can withdraw 25% of the amount of the insurance.
3. In case of account blocking, 30% of the initial deposit will be credited to the trader’s account.
4. The program is not subject to expiry and can be used indefinitely.
5. Any strategy is allowed.

To access the program, simply follow the next steps:

• Sign up and open a DirectFX or xPRIME type account.
• Verify the data provided.
• Deposit a minimum of $2000
• Request the activation of the Loyalty Pro program via Ticket through your Account Manager.

Terms and Conditions of the Program

To take advantage of the promo, traders will find it helpful to consult the following list, containing useful information and important parts of the regulations:

• The program is only available on DirectFX or xPRIME accounts.
• To access the initiative, each account must be strictly verified.
• The promo can be activated only once and on a single account.
• Profits can be withdrawn at any time. The Loyalty Pro bonus can only be withdrawn if trading conditions are met. The required turnover for withdrawal will be calculated according to the following formula: Required Turnover (expressed in lots) = Deposit Amount ÷ 10. For example: if a trader deposits $2000 and activates the Loyalty Pro program, the bonus can be withdrawn in this way: required lots = 2000 ÷ 10 = 200 lots.
• Once the required conditions are met, the broker will credit 25% of the amount of the Loyalty Pro insurance as a bonus to the trader’s account.
• In the event of a “Stop Out,” xChief will credit 30% of the initial deposit amount, giving the client the opportunity to recover. The extra funds received, with the possibility of drawdown, will allow the client to compensate for losses and generate potential profits. Once trading conditions are met, it will be possible to withdraw the extra funds received. The required trading volume will be calculated according to the following formula: Required Turnover (in lots) = the amount of insurance (30% of the initial deposit amount) ÷ 3. For example: the trader deposits $2000, activates the promo plan, xChief credits $600 of extra funds, which can be withdrawn after completing the required turnover. The minimum to be traded to be able to withdraw the deposited amount is calculated as follows: Required Turnover (for lots) = 600 ÷ 3 = 200 lots.
• If the trader decides to deactivate the promo, they will not be able to request it again in the future.
• The insurance will allow the client to receive extra funds up to a maximum of $10,000.
• The program is not compatible with other promos offered by the broker.

Request the Loyalty Pro Program from xChief

xChief Accounts

To enable traders of any category to invest to the best of their abilities, the broker provides access to an excellent list of accounts. Regardless of their experience, risk propensity, or investment volume, each client can choose the solution best suited to their needs.

The available accounts are as follows:

• Cent Account.
• Classic+ Account.
• DirectFX Account.
• xPRIME Account.

Visit the Official xChief Website

Cent Account

Primarily created for beginner traders, the Cent account offers trading with limited risks and at low cost. The account does not require a minimum deposit for activation, and the trader can decide when and how much to invest without any limitations. Not too high leverage, spreads starting from 0.9 pips, and orders in micro lots will ensure that clients can make investments with limited volumes and excellent risk management. Despite being designed for beginner traders, even experts in the field might opt for this type of account to test the offered environment before choosing an account more suited to their style.

Open a Cent Account with xChief

Classic+ Account

A type of account that features typical characteristics of “standardized” trading, the Classic+ account is able to meet the needs of any category of trader. A wide range of available instruments, flexible trading conditions, and no commissions will allow both experts and beginners to have excellent market interactions. Spreads starting from 0.6 pip, access to interesting promotional initiatives, an extremely low initial deposit, and leverage up to 1:500 will enable the trader to develop effective strategies to maximize benefits from any operation. Additionally, a significant feature involves STP order execution, which allows traders to trade on the markets quickly and without any intermediary.

Open a Classic+ Account with xChief

DirectFX Account

The ideal choice for experienced traders, the DirectFX account offers a high-performance environment, with carefully selected services to enable maximum operational efficiency. State-of-the-art tools and features will allow traders to perform accurate technical analysis to exploit in complex trading strategies. A wide list of available products (over 150), a maximum leverage of 1:1000, and spreads starting from 0.3 pip, are characteristics suitable for traders intending to fully leverage their capabilities. Being an ECN type account – no dealing desk, the account allows ultra-fast order execution without intermediaries. Features considered fundamental by professional traders to be able to react quickly to market fluctuations.

Open a DirectFX Account with xChief

xPRIME Account

Exclusive account for clients with high investment volumes, the xPRIME account is structured to allow the design of strategies aimed at maximum profit and excellent risk management. The account offers excellent trading conditions for this caliber of trading: spreads starting from zero, contained trading commissions, no limit on simultaneously open orders, ECN execution without intermediaries, and a wide range of available instruments (over 150).

Open a real account with xChief

How to Open an Account with xChief

As previously mentioned, each trader will have the opportunity to start trading by selecting the type of account that best suits their needs. The process that will allow the trader to register is simple and fast. It can be done quickly by entering the requested information in the forms.

To register, just follow these very simple steps:

First step.

To begin, the interested trader must visit the official website and click on the “Register” icon visible at the top right of the page. In the new screen, they can start the registration by entering the necessary information such as name, surname, citizenship, phone number, and a valid email. Accept the terms and conditions (after reading them carefully) and click on “continue”.

Second Step.

By clicking on “continue”, you will access a new screen, where it will be necessary to enter the verification code that the broker will send to the email provided by the trader during the registration process. Provide the code and click on “Continue”.

Third step.

At this stage, the trader must select the account that suits their style and then choose: the type of platform to use between MT5 and MT4, the position accounting system, the currency to use, the maximum leverage. Click on “Open Account”. The registration is finished, now the client must create a secure password and undergo a verification process for the final activation of the account.

Fourth step.

To definitively activate their account, the trader must undergo a verification process to prove their real identity and country of origin. To do this, they must send clear, color front and back photos of a valid identification document (identity card, passport, driver’s license) and a photo of a recent utility bill with the applicant’s address (gas, electricity, internet, etc.).

Last step.

Once suitable, the client can make an initial deposit, request (if desired) the welcome bonus, and start investing in a wide range of products available on the selected platform (MT4 or MT5 on desktop, web, or mobile app).

Open a real account with xChief