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.
| Detail |  The5ers Trading Competition |  TenX Circle |  The Thunder Trader |
|---|---|---|---|
| Entry | Free entry | Paid entry | Paid entry |
| Entry cost | Free | $20, $100, $250 or $500 per attempt; one-time entry fee | $150, $250, $500 or $1,000 per event |
| Account | Simulated | Simulated | Simulated |
| Account details | Forex demo account | Bronze: $5,000 capital / $20 fee / $200 reward; Silver: $10,000 / $100 / $1,000; Gold: $25,000 / $250 / $2,500; Platinum: $50,000 / $500 / $5,000. TradingView charting with Ouinex-branded infrastructure; not MT4 or MT5. | Demo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital. |
| Markets | Forex | Perpetuals, Forex, Commodities, Stocks, Equity indices | Forex, Crypto |
| Prize type | Cash, Prop account, Platform credits, Trophies or merch | Cash | Cash |
| Operator’s cut | None (free entry) | Not a pooled-entry-fee prize model; rewards are paid from TenX own funds. | 20% of entry fees |
| Who gets paid | Top 100 each week | Each qualifying successful program earns its tier fixed reward; no top-percentile quota. | Top 3% to 35% of entrants, depending on event size |
| How rewards are earned | Leaderboard position. Recent contests ran for 6 days. | Pass or fail against fixed rules: 7 qualifying days plus cumulative realised net P&L above $0, without a risk breach. | Net P&L at the end of the event |
| Drawdown rules | Not confirmed | 6% static drawdown of initial capital, measured on Equity including unrealised P&L. The attempt fails as soon as Equity touches 94% of initial capital. | No daily or total drawdown limit |
| Trading rules | Not confirmed. | 30 calendar days from purchase, including weekends. Each qualifying day runs on Paris time and needs closed realised P&L of at least 2.5% of that day opening balance, not initial capital. Maximum gross exposure: 500% of current Equity across all open positions. One active program per tier. After pass, failure or expiry, same-tier cooldown ends at the original 30-day window end. Copy trading, coordinated hedging, martingale/grid abuse and unauthorised bots are prohibited. | 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 enter | Not confirmed. | 18+. Restricted jurisdictions and sanctions rules apply, and US traders are not eligible. | Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries. |
| KYC | Not confirmed | No KYC needed to purchase or trade, or internally claim a reward; completed KYC required before Main Wallet withdrawal. | Verification before rewards are paid |
| Prize withdrawal | Not confirmed | Claim Balance to Main Wallet in USDT or USDC; internal claim has no blockchain network fee. | Paid after verification, usually within 72 hours |
| Operator | The5ers (prop firm) | TenX Capital Inc | LN17 ShapeFuture Limited |
| Based in | Not confirmed | Republic of the Marshall Islands | Hong Kong |
| Sources | The5ers trading competition page. Checked 10 Oct 2026. | Program tiers, markets and charting (23 October 2026), Terms: simulated capital, rewards, trading rules, refunds and eligibility (23 October 2026), Official FAQ. Checked 23 Oct 2026. | Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026. |
| Visit | Visit The5ers | Visit TenX Circle | Visit Thunder Trader |