Compare trading competitions

Pick two or three competitions to see their terms side by side. Rows where every platform says the same thing are dimmed so the differences stand out.

DetailBullRushXM CompetitionsThe Thunder Trader
EntryFree entry, Paid entryFree entry, Paid entryPaid entry
Entry costHourly contests are free. Daily, weekly and monthly contests are free or cost $5, $10 or $50.Demo Weekly is free. The Daily Arena costs $5.$150, $250, $500 or $1,000 per event
AccountSimulatedSimulatedSimulated
Account detailsContest trading account with no real money, funded with platform creditsVirtual funds in both contestsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.
MarketsNot confirmedNot confirmedForex, Crypto
Prize typeCash, Prop account, Platform creditsCashCash
Operator’s cutNot statedNot stated20% of entry fees
Who gets paidVaries by contest100 winners weekly, 10 winners dailyTop 3% to 35% of entrants, depending on event size
How winners are rankedDepends on the contest: highest profit, profit factor, win rate, winning streak or first to hit a profit targetLeaderboard position at the end of the contestNet P&L at the end of the event
Drawdown rulesVaries by contestNot confirmedNo daily or total drawdown limit
Trading rulesEach contest sets its own scoring rule.Not confirmed.Daily events need 4 closed trades, weekly events 3 sessions and 6 closed trades. Max size per tier: 2 to 20 forex lots, $50,000 to $500,000 crypto notional. EAs and bots allowed.
Who can enterNot available in CT, HI, ID, IA, IN, KS, MO, MT, NV, NH or WA.Not confirmed. Which XM entity serves you depends on your country.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.
KYCKYC required to withdraw cashNot confirmedVerification before rewards are paid
Prize withdrawalPrizes credited to your BullRush wallet. Unclaimed prizes can be forfeited after 7 business days.Described by XM as withdrawable cashPaid after verification, usually within 72 hours
OperatorBullRush Entertainment LLCXM (broker)LN17 ShapeFuture Limited
Based inCarson City, Nevada, USVaries by XM entityHong Kong
Not confirmed
  • Markets offered not confirmed from official pages.
  • Prop account prizes follow BullRush’s separate prop terms, which are not covered here.
  • No independent record of cash withdrawals found.
  • Full contest terms, markets and country eligibility not confirmed.
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
SourcesCompetition types, Terms of Use (updated 10 March 2026). Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.
VisitVisit BullRushVisit XMVisit Thunder Trader