Compare trading competitions

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DetailThe Thunder TraderXM CompetitionsDeriv Trading Competitions
EntryPaid entryFree entry, Paid entryFree entry
Entry cost$150, $250, $500 or $1,000 per eventDemo Weekly is free. The Daily Arena costs $5.Free
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.Virtual funds in both contests$10,000 in virtual funds
MarketsForex, CryptoNot confirmedFinancial markets, Synthetic indices
Prize typeCashCashCash
Operator’s cut20% of entry feesNot statedNone (free entry)
Who gets paidTop 3% to 35% of entrants, depending on event size100 winners weekly, 10 winners dailyPublished before each contest
How winners are rankedNet P&L at the end of the eventLeaderboard position at the end of the contestFinal account balance
Drawdown rulesNo daily or total drawdown limitNot confirmedNot stated
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.At least 4 active trading days. Bots and EAs not allowed.
Who can enterNot open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Not confirmed. Which XM entity serves you depends on your country.Open to anyone, but you need a fully verified Deriv account to claim a prize.
KYCVerification before rewards are paidNot confirmedFully verified Deriv account required
Prize withdrawalPaid after verification, usually within 72 hoursDescribed by XM as withdrawable cashCash credited to your Deriv account
OperatorLN17 ShapeFuture LimitedXM (broker)Deriv (broker)
Based inHong KongVaries by XM entityVaries by Deriv entity
Not confirmed
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
  • Full contest terms, markets and country eligibility not confirmed.
  • Prize amounts change with each contest.
SourcesTerms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.Deriv trading competitions and FAQ. Checked 10 Oct 2026.
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