TERMS OF SERVICE

Effective Date: July 10, 2025

(This Page is Only For Accounts Created on or After May 15th, 2025.  If you have an account created before this date, please refer to the previous version of our Terms and Rules.)

(If you have an account created before May 15th 2025, then go here for the rules)

1. OVERVIEW

1.1 This website is operated by The Million Dollar Trader Challenge (MDTC). Throughout the site, the terms “we”, “us”, and “our” refer to MDTC.

1.2 MDTC offers this website, including all information, tools, and services available from this site to you, the user, conditioned upon your acceptance of all terms, conditions, policies, and notices stated here.

1.3 By visiting our site and/or purchasing something from us, you engage in our “Service” and agree to be bound by these Terms of Service, including additional terms and conditions and policies referenced herein and/or available by hyperlink.

1.4 Please read these Terms of Service carefully before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms. If you do not agree to all terms, you may not access the website or use any services.

1.5 Any new features or tools added shall also be subject to these Terms. We reserve the right to update, change, or replace any part of these Terms by posting updates to our website. It is your responsibility to check this page periodically for changes. Continued use of the website following any updates constitutes acceptance.

2. DISCLAIMER

2.1 MDTC operates a simulated, demo-based trading environment for educational and evaluation purposes only.

2.2 Participants in our trading challenges do not trade real capital, and all profits, losses, or performance results are hypothetical.

2.3 Upon successful completion of the challenge, participants may earn payouts funded directly by MDTC, based on demo account performance.

2.4 MDTC does not provide live trading accounts or direct financial investments. All funds referenced in the funded stage refer to hypothetical capital used within the demo environment.

3. SUBSCRIPTION BILLING, CANCELLATIONS, AND REFUNDS

3.1 By enrolling in a subscription plan, you agree to be billed on a recurring monthly basis using the payment method provided at checkout.

3.2 Charges will automatically renew each month on the same calendar day as your initial signup.

3.3 To avoid being charged for the next cycle, you must cancel at least 24 hours prior to your renewal date. Cancellations after this will apply to the following month, and the current charge will remain non-refundable.

3.4 All subscription fees and one-time challenge fees are non-refundable once processed, regardless of account activity, partial use, or failure to meet trading objectives.

3.5 By continuing your subscription, you acknowledge and accept these billing terms. If you do not agree, you should cancel before the next billing cycle.

4. UNLIMITED RETRIES FEATURE

4.1 We offer an “Unlimited Retries” feature designed to give qualifying traders additional opportunities to pass the Challenge or maintain a funded account.

4.2 You may request one account reset every 5 trading days (the “Waiting Period”).

4.3 This Waiting Period is designed to discourage reckless “all-in” trading or intentional account blowouts.

4.4 Trades that appear designed solely to force a quick reset are subject to review.

4.5 If we determine you are deliberately abusing the Unlimited Retries feature through repeated reckless trading, we reserve the right to suspend or terminate your participation, forfeit payouts, and block future access.

4.6 Any payouts generated through activity deemed abusive may be withheld, reduced, or invalidated. Our determination is final.

5. PROHIBITED USES & TRADING CONDUCT

5.1 In addition to other prohibitions set forth in these Terms, you are prohibited from using the site or its content:

• 5.1.1 For any unlawful purpose;
  
  

• 5.1.2 To solicit others to perform or participate in unlawful acts;
  
  

• 5.1.3 To violate any international, federal, provincial, or local laws;
  
  

• 5.1.4 To infringe upon or violate intellectual property rights;
  
  

• 5.1.5 To harass, abuse, defame, intimidate, or discriminate against others;
  
  

• 5.1.6 To submit false or misleading information;
  
  

• 5.1.7 To upload or transmit viruses or malicious code;
  
  

• 5.1.8 To spam, phish, pretext, scrape, or crawl;
  
  

• 5.1.9 For obscene or immoral purposes;
  
  

• 5.1.10 To interfere with security features of the service.
  
  

5.2 Additionally, you are prohibited from:

• 5.2.1 Utilizing Martingale or heavy average-down trading;
  
  

• 5.2.2 Arbitrage, latency exploitation, or practices jeopardizing broker relationships;
  
  

• 5.2.3 Using public/off-the-shelf EAs or copying signals;
  
  

• 5.2.4 Outsourced trading, hired traders, or pass services;
  
  

• 5.2.5 Placing opposite trades on separate accounts;
  
  

• 5.2.6 Using different strategies in funded accounts from the assessment strategy;
  
  

• 5.2.7 Engaging in “all-inning” or gambling-like trades.
  
  

5.3 Violations may result in immediate disqualification, forfeiture of fees and payouts, and permanent bans.

6. ACCOUNT MANAGEMENT AND TERMINATION

6.1 If you do not place at least one trade every 14 days, your demo account may be closed. Reactivation is at our sole discretion.

6.2 We reserve the right to refuse service to anyone for any reason at any time.

6.3 If we suspect violations or suspicious activity, we may suspend or terminate your account immediately without notice. All amounts paid remain non-refundable.

7. LEGAL PROVISIONS

7.1 Arbitration & Governing Law

7.1.1 These Terms are governed by the laws of the United Arab Emirates.

7.1.2 Any disputes shall be resolved through binding arbitration in the UAE.

7.1.3 By agreeing, you waive the right to a jury trial or class action.

7.2 Limitation of Liability

7.2.1 We do not guarantee uninterrupted or error-free service. Your use is at your own risk.

7.2.2 In no case shall MDTC or its affiliates be liable for direct or indirect damages.

7.3 Indemnification

7.3.1 You agree to indemnify MDTC and its affiliates against claims arising from your breach of these Terms.

8. ABUSIVE LANGUAGE & CONDUCT POLICY

8.1 We strive for a respectful environment. Use of offensive, threatening, or defamatory language toward staff or the company may result in suspension, account closure, and legal action.

9. MODIFICATIONS TO TERMS

9.1 We reserve the right to modify these Terms at any time.

9.2 It is your responsibility to review these Terms periodically. Continued use after updates constitutes acceptance.

10. CONTACT INFORMATION

10.1 For questions, contact:

• support@mdtcfunded.com
  
  

• support@theinstantfunddetrader.com
  
  

10.2 Address:
Dubai World Trade Centre C1
Sheikh Zayed Road - Dubai - United Arab Emirates

CHALLENGE RULES

(If you have an account created before May 15th 2025, then go here for the rules)

11. GENERAL STRUCTURE

11.1 All challenges use demo accounts under simulated conditions.

11.2 To pass, you must achieve an 8% profit without violating any rules.

12. DRAW DOWN LIMITS

12.1 Daily Drawdown: Max 3% from initial balance.

12.2 Overall Max Drawdown: Max 10% from initial balance.

13. TRADING REQUIREMENTS

13.1 Allowed instruments include Forex, indices, crypto, metals, and commodities.

13.2 Minimum Trading Days:

• 13.2.1 7 separate days required to complete the challenge.
  
  

• 13.2.2 No minimum for first payout.
  
  

• 13.2.3 10 separate days required between subsequent payouts.
  
  

14. PAYOUT STRUCTURE

14.1 First Payout: After 3% profit, capped at $2,000.

14.2 Subsequent Payouts: Require 10% profit, capped at $5,000 in first 60 days.

14.3 After 60 Days: Payout cap is lifted upon meeting 10% target.

15. WITHDRAWALS & COMPLIANCE

15.1 Withdrawals must be requested via your dashboard.

15.2 All accounts undergo compliance review to ensure profits are from consistent trading over multiple trades and at least 7 separate days.

16. PROHIBITED PRACTICES (REITERATED)

16.1 Includes but is not limited to:

• 16.1.1 Martingale or excessive averaging down;
  
  

• 16.1.2 Arbitrage, latency, or market manipulation;
  
  

• 16.1.3 Using public EAs or copying external signals;
  
  

• 16.1.4 Trading opposites across accounts;
  
  

• 16.1.5 Outsourced or third-party pass services;
  
  

• 16.1.6 Over-leveraging or gambling-like trades;
  
  

• 16.1.7 Changing strategies after assessment.
  
  

16.2 Violations may result in disqualification, forfeited payouts, and permanent bans.

17. RULE MODIFICATIONS

17.1 Rules may be updated at any time. Continued participation after updates signifies acceptance.