Compare trading competitions

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DetailDeriv Trading CompetitionsThe Thunder TraderXM Competitions
EntryFree entryPaid entryFree entry, Paid entry
Entry costFree$150, $250, $500 or $1,000 per eventDemo Weekly is free. The Daily Arena costs $5.
AccountSimulatedSimulatedSimulated
Account details$10,000 in virtual fundsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.Virtual funds in both contests
MarketsFinancial markets, Synthetic indicesForex, CryptoNot confirmed
Prize typeCashCashCash
Operator’s cutNone (free entry)20% of entry feesNot stated
Who gets paidPublished before each contestTop 3% to 35% of entrants, depending on event size100 winners weekly, 10 winners daily
How winners are rankedFinal account balanceNet P&L at the end of the eventLeaderboard position at the end of the contest
Drawdown rulesNot statedNo daily or total drawdown limitNot confirmed
Trading rulesAt least 4 active trading days. Bots and EAs not allowed.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.Not confirmed.
Who can enterOpen to anyone, but you need a fully verified Deriv account to claim a prize.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Not confirmed. Which XM entity serves you depends on your country.
KYCFully verified Deriv account requiredVerification before rewards are paidNot confirmed
Prize withdrawalCash credited to your Deriv accountPaid after verification, usually within 72 hoursDescribed by XM as withdrawable cash
OperatorDeriv (broker)LN17 ShapeFuture LimitedXM (broker)
Based inVaries by Deriv entityHong KongVaries by XM entity
Not confirmed
  • Prize amounts change with each contest.
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
  • Full contest terms, markets and country eligibility not confirmed.
SourcesDeriv trading competitions and FAQ. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.
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