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DetailThe5ers Trading CompetitionXM CompetitionsThe Thunder Trader
EntryFree entryFree entry, Paid entryPaid entry
Entry costFreeDemo Weekly is free. The Daily Arena costs $5.$150, $250, $500 or $1,000 per event
AccountSimulatedSimulatedSimulated
Account detailsForex demo accountVirtual 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.
MarketsForexNot confirmedForex, Crypto
Prize typeCash, Prop account, Platform credits, Trophies or merchCashCash
Operator’s cutNone (free entry)Not stated20% of entry fees
Who gets paidTop 100 each week100 winners weekly, 10 winners dailyTop 3% to 35% of entrants, depending on event size
How winners are rankedLeaderboard position. Recent contests ran for 6 days.Leaderboard position at the end of the contestNet P&L at the end of the event
Drawdown rulesNot confirmedNot confirmedNo daily or total drawdown limit
Trading rulesNot confirmed.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 confirmed.Not confirmed. Which XM entity serves you depends on your country.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.
KYCNot confirmedNot confirmedVerification before rewards are paid
Prize withdrawalNot confirmedDescribed by XM as withdrawable cashPaid after verification, usually within 72 hours
OperatorThe5ers (prop firm)XM (broker)LN17 ShapeFuture Limited
Based inNot confirmedVaries by XM entityHong Kong
Not confirmed
  • Prize split per position and full contest rules not confirmed.
  • 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.
SourcesThe5ers trading competition page. Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.
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