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DetailThe Thunder TraderTralentXM Competitions
EntryPaid entryPaid entryFree entry, Paid entry
Entry cost$150, $250, $500 or $1,000 per event$20 to $500, depending on market and tournament lengthDemo 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.Simulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.Virtual funds in both contests
MarketsForex, CryptoForex, US stocksNot confirmed
Prize typeCashCashCash
Operator’s cut20% of entry fees17% or 20% of entry fees (Tralent’s pages conflict)Not stated
Who gets paidTop 3% to 35% of entrants, depending on event sizeTop 30% of entrants100 winners weekly, 10 winners daily
How winners are rankedNet P&L at the end of the eventPercentage P&L, with the same position size allowance for every entrantLeaderboard position at the end of the contest
Drawdown rulesNo daily or total drawdown limitNot statedNot 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.Same position size allowance for every entrant. Free practice tournaments pay no money.Not confirmed.
Who can enterNot open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.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.
KYCVerification before rewards are paidVeriff identity check before withdrawalNot confirmed
Prize withdrawalPaid after verification, usually within 72 hoursBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysDescribed by XM as withdrawable cash
OperatorLN17 ShapeFuture LimitedTralent Online Gaming Services Co. LLCXM (broker)
Based inHong KongDubai, UAEVaries 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.
  • 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.
SourcesTerms and Conditions (updated 20 May 2026). 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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