Discussion of the Million Dollar Trading contest Forex Contest

What r the requirements to participate in this contest??

Dear Valued Client,The EBC Million Dollar Challenge II is a large-scale event open to traders worldwide. It aims to provide a stage for outstanding traders to showcase their skills and rewards exceptional performance with generous prizes.Competition Period📅 Start Date: March 1, 2025, 01:00:00 (MT4/MT5 Time)📅 End Date: May 30, 2025, 23:59:59 (MT4/MT5 Time)Participants can freely choose between two competition categories:-Rising StarsAccount Requirement: The account balance must be ≥ 500 USD.-Dream SquadAccount Requirement: The account balance must be between 10,000 USD and 200,000 USD (exceeding 200,000 USD will result in disqualification).For more details, please visit the official EBC website:🔗https://www.ebc.com/million-dollar-challenge-2

Regarding the requirements for participating accounts, please refer to the details below:

1. Participating accounts must publish signals in the trading community and allow free following.2 .Participants can use multiple accounts to compete, but only the best-performing account will be considered for ranking.3. To ensure fair competition, only STD and PRO accounts are eligible to participate. PAMM accounts and Islamic accounts are not eligible.

"Any violations, including cross-account positions, hedging trades, or abuse of quotes, will lead to disqualification."

Why is hedging not permitted?

Dear Valued Client,

Thank you for your inquiry. EBC considers that hedging trades and arbitrage trading share certain similarities in this event. According to the event guidelines outlined on the EBC Million Dollar Trading Challenge II event page, arbitrage trading between accounts to artificially boost profits is strictly prohibited. Any violations, including cross-account positions, hedging trades, or quote abuse, will result in disqualification from the challenge.

Disclaimer: EBC Financial Group reserves the right to make the final decision of this event.

Hope the above information helps. If you have any questions or need further assistance, please feel free to contact our online customer support or reach us via email at [email protected]. For more information, please visit

https://www.ebc.com/million-dollar-challenge-2

Thank you and have a wonderful day!

Hello, is the prize pool/reward ($10,000) offered by myfxbook separate from EBC's? If it is, is the winner getting the reward in cash or is it just credit for trading equity?Another question, on the requirement of being listed as a signal account, do I have to sign up with signal start?

Dear valued client,

Thank you for your inquiry. In regards to the prize pool details, you may refer to our official website (https://www.ebc.com/million-dollar-challenge-2) for more information.

Furthermore, if the participants are entitled for the reward, they will get the reawrd in cash except for the Champion who can choose from $1 Million Trading Account or $200,000 in Cash.

Lastly, you are required to publish as a Provider on our Copy Trading community to complete the participation in the trading challenge.

If you have any questions or need further assistance, please feel free to contact our online customer support or reach us via email at [email protected]. Thank you and have a wonderful day!

Dear valued client,Unfortunately, due to regulatory restrictions, clients from Italy are not eligible to open an account for the EBC's Million Dollar Trading Challenge II. However, we supports our clients for the opening of FCA-regulated clearing account, which benefit from the UK FSCS (Financial Services Compensation Scheme) with protection of up to £85,000, providing additional safety for your funds.

To apply for an FCA-regulated clearing account, a professional investors must meet two of the following requirements:

1. The client has carried out, in significant size, on relevant market(s) for an average number of 10 transactions or more per quarter over the previous year.

2. Hold a portfolio worth more than half a million Euros including cash deposits and financial instruments.

3. At least one year of experience working in the financial industry with sound knowledge of CFDs/derivatives trading.

For more information, you may refer to the FCA Liquidity Clearing Account Opening Process on our official website here: https://www.ebc.com/FCA . If you have any questions or need further assistance, please feel free to contact our online customer support or reach us via email at [email protected]. 

Thank you and have a wonderful day!

How much am i supposed to pay for the contest? is it a free contest?

Dear Valued Client,Thank you for the inquiry. The EBC Million Dollar Challenge II is a large-scale event open to traders worldwide. It aims to provide a stage for outstanding traders to showcase their skills and rewards exceptional performance with generous prizes. To Participate the challenge, you can click this link https://www.ebc.com/million-dollar-challenge-2, enter the EBC official website, click [Join Now] at the bottom of the page to register an account and open a new trading account. EBC don't charge any extra fee for the challenge.Competition Period:📅 Start Date: March 1, 2025, 01:00:00 (MT4/MT5 Time)📅 End Date: May 30, 2025, 23:59:59 (MT4/MT5 Time)Participants can freely choose between two competition categories:-Rising Stars Account Requirement: The account balance must be ≥ 500 USD.-Dream Squad Account Requirement: The account balance must be between 10,000 USD and 200,000 USD (exceeding 200,000 USD will result in disqualification).For more details, please visit the official EBC website:🔗https://www.ebc.com/million-dollar-challenge-2If you have any questions or need further assistance, please feel free to contact our online customer support or reach us via email at [email protected]. Thank you and have a wonderful day!

Is this contest conducted annually or quarterly 

Thanks