Compare trading competitions

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DetailDeriv Trading CompetitionsTralentXM Competitions
EntryFree entryPaid entryFree entry, Paid entry
Entry costFree$20 to $500, depending on market and tournament lengthDemo Weekly is free. The Daily Arena costs $5.
AccountSimulatedSimulatedSimulated
Account details$10,000 in virtual fundsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.Virtual funds in both contests
MarketsFinancial markets, Synthetic indicesForex, US stocksNot confirmed
Prize typeCashCashCash
Operator’s cutNone (free entry)17% or 20% of entry fees (Tralent’s pages conflict)Not stated
Who gets paidPublished before each contestTop 30% of entrants100 winners weekly, 10 winners daily
How winners are rankedFinal account balancePercentage P&L, with the same position size allowance for every entrantLeaderboard position at the end of the contest
Drawdown rulesNot statedNot statedNot confirmed
Trading rulesAt least 4 active trading days. Bots and EAs not allowed.Same position size allowance for every entrant. Free practice tournaments pay no money.Not confirmed.
Who can enterOpen to anyone, but you need a fully verified Deriv account to claim a prize.Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.Not confirmed. Which XM entity serves you depends on your country.
KYCFully verified Deriv account requiredVeriff identity check before withdrawalNot confirmed
Prize withdrawalCash credited to your Deriv accountBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysDescribed by XM as withdrawable cash
OperatorDeriv (broker)Tralent Online Gaming Services Co. LLCXM (broker)
Based inVaries by Deriv entityDubai, UAEVaries by XM entity
Not confirmed
  • Prize amounts change with each contest.
  • Tralent’s own pages list two different fees, 17% and 20%. Confirm the current figure before you enter.
  • No independent record of withdrawals found.
  • Full contest terms, markets and country eligibility not confirmed.
SourcesDeriv trading competitions and FAQ. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.
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