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DetailTralentThe5ers Trading CompetitionThe Thunder Trader
EntryPaid entryFree entryPaid entry
Entry cost$20 to $500, depending on market and tournament lengthFree$150, $250, $500 or $1,000 per event
AccountSimulatedSimulatedSimulated
Account detailsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.Forex demo accountDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.
MarketsForex, US stocksForexForex, Crypto
Prize typeCashCash, Prop account, Platform credits, Trophies or merchCash
Operator’s cut17% or 20% of entry fees (Tralent’s pages conflict)None (free entry)20% of entry fees
Who gets paidTop 30% of entrantsTop 100 each weekTop 3% to 35% of entrants, depending on event size
How winners are rankedPercentage P&L, with the same position size allowance for every entrantLeaderboard position. Recent contests ran for 6 days.Net P&L at the end of the event
Drawdown rulesNot statedNot confirmedNo daily or total drawdown limit
Trading rulesSame position size allowance for every entrant. Free practice tournaments pay no money.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 enterMust be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.Not confirmed.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.
KYCVeriff identity check before withdrawalNot confirmedVerification before rewards are paid
Prize withdrawalBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysNot confirmedPaid after verification, usually within 72 hours
OperatorTralent Online Gaming Services Co. LLCThe5ers (prop firm)LN17 ShapeFuture Limited
Based inDubai, UAENot confirmedHong Kong
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.
  • Prize split per position and full contest rules not confirmed.
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
SourcesPlatform terms, Website terms, How it works. Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.
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