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DetailThe Thunder TraderXM CompetitionsTralent
EntryPaid entryFree entry, Paid entryPaid entry
Entry cost$150, $250, $500 or $1,000 per eventDemo Weekly is free. The Daily Arena costs $5.$20 to $500, depending on market and tournament length
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 contestsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.
MarketsForex, CryptoNot confirmedForex, US stocks
Prize typeCashCashCash
Operator’s cut20% of entry feesNot stated17% or 20% of entry fees (Tralent’s pages conflict)
Who gets paidTop 3% to 35% of entrants, depending on event size100 winners weekly, 10 winners dailyTop 30% of entrants
How winners are rankedNet P&L at the end of the eventLeaderboard position at the end of the contestPercentage P&L, with the same position size allowance for every entrant
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.Same position size allowance for every entrant. Free practice tournaments pay no money.
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.Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.
KYCVerification before rewards are paidNot confirmedVeriff identity check before withdrawal
Prize withdrawalPaid after verification, usually within 72 hoursDescribed by XM as withdrawable cashBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days
OperatorLN17 ShapeFuture LimitedXM (broker)Tralent Online Gaming Services Co. LLC
Based inHong KongVaries by XM entityDubai, UAE
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.
  • Tralent’s own pages list two different fees, 17% and 20%. Confirm the current figure before you enter.
  • No independent record of withdrawals found.
SourcesTerms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.
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