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.

DetailThe Thunder TraderThe5ers Trading CompetitionXM Competitions
EntryPaid entryFree entryFree entry, Paid entry
Entry cost$150, $250, $500 or $1,000 per eventFreeDemo Weekly is free. The Daily Arena costs $5.
AccountSimulatedSimulatedSimulated
Account detailsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.Forex demo accountVirtual funds in both contests
MarketsForex, CryptoForexNot confirmed
Prize typeCashCash, Prop account, Platform credits, Trophies or merchCash
Operator’s cut20% of entry feesNone (free entry)Not stated
Who gets paidTop 3% to 35% of entrants, depending on event sizeTop 100 each week100 winners weekly, 10 winners daily
How winners are rankedNet P&L at the end of the eventLeaderboard position. Recent contests ran for 6 days.Leaderboard position at the end of the contest
Drawdown rulesNo daily or total drawdown limitNot confirmedNot confirmed
Trading rulesDaily 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.Not confirmed.
Who can enterNot open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Not confirmed.Not confirmed. Which XM entity serves you depends on your country.
KYCVerification before rewards are paidNot confirmedNot confirmed
Prize withdrawalPaid after verification, usually within 72 hoursNot confirmedDescribed by XM as withdrawable cash
OperatorLN17 ShapeFuture LimitedThe5ers (prop firm)XM (broker)
Based inHong KongNot confirmedVaries by XM entity
Not confirmed
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
  • Prize split per position and full contest rules not confirmed.
  • Full contest terms, markets and country eligibility not confirmed.
SourcesTerms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.
VisitVisit Thunder TraderVisit The5ersVisit XM