The Gold Whale Contest from ForexChief shares $5000 among 20 monthly winners. See the prizes, entry steps and key rules before you deposit.
ForexChief broker presents the Gold Whale trading contest, available to all traders on a monthly basis. This competition offers 5 prize tiers worth a total of $5000 USD, with 20 winners in total. Join the contest now by clicking on the link provided below.
Direct Promotion Link=>> Gold Whale Contest and $100 No Deposit Bonus
Key facts about the Gold Whale Contest
- Total prize pool: $5000 USD.
- Winners: 20 per contest.
- Prizes: from $100 USD to $1000 USD.
- Frequency: a new contest opens every month.
- Account type: new Live account, MT4.DirectFX or MT4.Classic+.
- Minimum deposit: $100 USD.
- Minimum activity: at least 10 transactions.
- Winners are chosen by: highest return and net profit.
What is the Gold Whale Contest?
The Gold Whale Contest is a monthly trading competition on a Live account. You trade with your own money, and the best performers win cash prizes.
Each month a new round starts. If you miss one round, you can look at the next one.
Because it is a Live account contest, it is not the same as a demo competition. Every gain and every loss is real.
Why trade in the Gold Whale Contest?
The Gold Whale Contest gives traders a chance to win part of a $5000 USD prize pool. The prizes come in five tiers, from $100 USD to $1000 USD.
To take part, you need to open a new Live account. Choose the MT4.DirectFX or MT4.Classic+ account type. The account must have no previous trading history.
Winners are picked from the participants with the highest returns and profits. The offer also states that the prize money can be withdrawn without limitations. Still, read the broker's terms for the exact withdrawal conditions before you enter.
Traders are free to use any strategy and trading robots on the available instruments. That makes the contest open to both manual and automated styles.
Gold Whale Contest prize distribution
There are 20 winners. The prizes are split like this:
| Place | Prize per winner | Subtotal |
|---|---|---|
| 1st | $1000 USD | $1000 USD |
| 2nd | $750 USD | $750 USD |
| 3rd | $500 USD | $500 USD |
| 4th to 10th | $250 USD each | $1750 USD |
| 11th to 20th | $100 USD each | $1000 USD |
Together, these prizes add up to the $5000 USD total.
How to join the contest
Follow these steps to enter:
- Create a Live Account with ForexChief.
- Choose either the Mt4.DirectFX or MT4.Classic+ account type.
- Make a deposit of $100 USD into your account.
- Start trading and aim to achieve a substantial number of trading lots.
- Attain the highest return on your trades to secure prizes.
- Once you meet the specified conditions, withdraw your prizes.
Remember that you also need at least 10 transactions to qualify.
Gold Whale Contest terms and conditions
- The promotion runs for a one-month period and will open a new contest every month.
- Traders must open a Live Account and use either the Mt4.DirectFX or MT4.Classic+ account type.
- The account must have no trading history and should not have any active trading credits.
- Participants must deposit a minimum of $100 to be eligible for the contest.
- Only one account is allowed for trading in the contest; any violation of this rule may result in disqualification.
- Traders are free to use any strategy and trading robots on available instruments.
- The winners will be determined based on the highest return and net profits, which include both unrealized profits and losses.
- The sum deposit refers to the total amount of deposits made during the contest period.
- There will be 20 winners who will receive prizes ranging from $100 to $1000 USD.
- Traders must complete a minimum of 10 transactions to qualify for the contest.
- Trading using accounts other than the one registered for the contest is strictly prohibited.
- The broker reserves the right to exclude traders from the contest without providing any reason if they are found to be abusing the system.
What to check before you enter
A contest can look simple, but a few points deserve a second look.
- Net profit counts unrealized results. Open trades that are losing can lower your ranking.
- Return matters. The ranking is based on return and profit, so risk control is important.
- One account only. Using a second account can lead to disqualification.
- Your own money is at risk. This is a Live account contest, not a demo.
- Read the full rules. The broker can change or enforce terms, so confirm the latest details on the official page.
- Check bonus compatibility. The terms say the account should have no active trading credits. If you also claim a bonus, ask the broker whether it affects your eligibility.
Is the Gold Whale Contest right for you?
This contest suits traders who are already comfortable with a Live account and have a clear plan. Since ranking depends on return, some traders may feel pushed to take bigger risks. That can backfire.
Before you start, decide how much you can afford to lose. Set that limit first, and do not raise it just to chase a higher place.
Also think about the $100 USD minimum deposit. Only deposit money you can afford to lose, whether or not you win a prize.
If you would rather practise first, you can try a demo contest. See The Headway Gold vs Oil Forex Demo Trading Contest, the Superforex Gold Rush Demo Contest 2025 or the Headway Exotic Pairs Demo Contest.
You can also compare other contests, such as the Octa Champion MT4 Demo Contest and have a chance win $500, the Uniglobe Markets Forex Trade and Win Gold Coins offer or The OctaFX Champion Demo Trading Contest and Win Big.
Frequently asked questions
How many people win the Gold Whale Contest?
There are 20 winners each month. The top prize is $1000 USD and the smallest prize is $100 USD.
What do I need to enter?
You need a new Live account with no trading history. Pick MT4.DirectFX or MT4.Classic+, deposit at least $100 and complete at least 10 transactions.
How are winners chosen?
Winners are ranked by the highest return and net profit. Net profit includes both unrealized profits and losses.
Can I use trading robots?
Yes. The terms say traders may use any strategy and trading robots on the available instruments.
Risk warning: trading forex and CFDs is risky and you can lose money. Bonuses and contests come with conditions, so read the full terms first.
