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 | XM Competitions |
|---|---|---|
| Entry | Free entry | Free entry, Paid entry |
| Entry cost | Free | Demo Weekly is free. The Daily Arena costs $5. |
| Account | Simulated | Simulated |
| Account details | Forex demo account | Virtual funds in both contests |
| Markets | Forex | Not confirmed |
| Prize type | Cash, Prop account, Platform credits, Trophies or merch | Cash |
| Operator’s cut | None (free entry) | Not stated |
| Who gets paid | Top 100 each week | 100 winners weekly, 10 winners daily |
| How winners are ranked | Leaderboard position. Recent contests ran for 6 days. | Leaderboard position at the end of the contest |
| Drawdown rules | Not confirmed | Not confirmed |
| Trading rules | Not confirmed. | Not confirmed. |
| Who can enter | Not confirmed. | Not confirmed. Which XM entity serves you depends on your country. |
| KYC | Not confirmed | Not confirmed |
| Prize withdrawal | Not confirmed | Described by XM as withdrawable cash |
| Operator | The5ers (prop firm) | XM (broker) |
| Based in | Not confirmed | Varies by XM entity |
| Not confirmed |
|
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| Sources | The5ers trading competition page. Checked 10 Oct 2026. | XM Competitions page. Checked 10 Oct 2026. |
| Visit | Visit The5ers | Visit XM |