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Competition Rules & FAQ

Information on how all EverBlue competitions work — including rules, entry, eligibility, and prizes.

Updated over 2 months ago

(These rules apply to all EverBlue competitions, including the Monthly Trading Competition, Community Activity Competition, and Social Media Competition)

General Rules (apply to all competitions)

  1. Fair Play & Integrity

    Any form of cheating, manipulation, multiple entries, or use of third-party tools that create an unfair advantage will result in immediate disqualification and forfeiture of prizes.

  2. One Entry Per User

    Each participant may only hold one competition entry per round. Multiple registrations under the same user, name, or IP address are not allowed.

  3. Eligibility & 90-Day Freeze Period

    • Previous winners of any EverBlue competition (trading, community, or social media) are subject to a 90-day freeze period before they can be eligible to win again.

    • During this 90-day period, if the previous winner has not actively purchased or traded on a live or evaluation account, they will forfeit eligibility for any new competition wins.

    • This rule ensures fairness and provides equal opportunity for all traders within the community.

  4. Verification

    Winners must complete full identity verification (KYC) before any prize or account is issued. Failure to verify within the stated timeframe will result in forfeiture.

  5. Prize Distribution

    Prizes are confirmed and distributed within 48 hours after the competition closes and all results are verified.

  6. Disqualification

    EverBlue reserves the right to disqualify participants for rule breaches, suspicious activity, or behaviour deemed inconsistent with fair competition practices.

Monthly Trading Competition

  1. Starting Balance & Leverage

    Each participant receives a $10,000 simulated trading account with 1:30 leverage on the EverBlue platform.

  2. Maximum Drawdown

    The maximum drawdown is 10% of your starting balance. There is no daily drawdown. Your equity must remain above $9,000.

  3. Trading Period

    • Competitions run for 28 days.

    • If no trade is placed within the first 15 days, the account will be automatically disqualified.

    • The 28-day period begins once the competition officially starts (not the sign-up date).

  4. Automated Trading

    No EAs, bots, or copy-trading tools are permitted. All trading must be performed manually.

  5. Lot Size Restrictions

    There are no lot size restrictions on competition accounts.

  6. Recovery & Performance

    Traders are free to continue trading as long as they have not hit the maximum drawdown. Consistency and profitability are both considered when evaluating winners.

  7. Key Dates

    • Sign-Up: Opens on the 1st of each month

    • Trading Period: 28 days

    • Prize Distribution: Within 48 hours after competition close

Community & Social Media Competitions

  1. Engagement Criteria

    Winners are chosen based on community participation, creativity, or task completion — as defined for each specific event.

  2. Authenticity

    All submissions, posts, and activities must be original. Fake engagement, spam, or the use of multiple accounts will lead to disqualification.

  3. Verification & Prize Claiming

    Winners must respond to prize notifications within 7 days and complete verification if required.

FAQ

Q: Can I win multiple competitions in a row?

A: Winners must observe a 90-day cooling-off period before being eligible to win again.

Q: Why is there a 90-day freeze rule?

A: This ensures fairness and gives new traders a chance to participate and win. It also rewards traders who stay active and continue purchasing or trading accounts during this period.

Q: What happens if I win again during the freeze but haven’t purchased an account?

A: Your new prize will be forfeited and passed to the next eligible participant.

Q: Can the rules change?

A: Yes. EverBlue reserves the right to amend competition rules and eligibility criteria at any time to maintain fairness and integrity.

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