The MTE expects the millionth transaction to be processed via the platform within the next few days.
The broker who passes the one million mark – whether it is with a KFI, AIP, or full application – will win a two night luxury stay at the Sanderson Hotel in London.
The prize also includes a meal for two at one of the City’s top restaurants and £500 spending money.
Mark Lofthouse, chief executive of the MTE, says “Transaction numbers for the past few months have picked up substantially from the general market lows at the end of last year.
“This is clearly an exciting time for everyone involved in the development of the MTE.”