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.

DetailTralentThe5ers Trading CompetitionXM Competitions
EntryPaid entryFree entryFree entry, Paid entry
Entry cost$20 to $500, depending on market and tournament lengthFreeDemo Weekly is free. The Daily Arena costs $5.
AccountSimulatedSimulatedSimulated
Account detailsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.Forex demo accountVirtual funds in both contests
MarketsForex, US stocksForexNot confirmed
Prize typeCashCash, Prop account, Platform credits, Trophies or merchCash
Operator’s cut17% or 20% of entry fees (Tralent’s pages conflict)None (free entry)Not stated
Who gets paidTop 30% of entrantsTop 100 each week100 winners weekly, 10 winners daily
How winners are rankedPercentage P&L, with the same position size allowance for every entrantLeaderboard position. Recent contests ran for 6 days.Leaderboard position at the end of the contest
Drawdown rulesNot statedNot confirmedNot confirmed
Trading rulesSame position size allowance for every entrant. Free practice tournaments pay no money.Not confirmed.Not confirmed.
Who can enterMust be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.Not confirmed.Not confirmed. Which XM entity serves you depends on your country.
KYCVeriff identity check before withdrawalNot confirmedNot confirmed
Prize withdrawalBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysNot confirmedDescribed by XM as withdrawable cash
OperatorTralent Online Gaming Services Co. LLCThe5ers (prop firm)XM (broker)
Based inDubai, UAENot confirmedVaries by XM entity
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.
  • Full contest terms, markets and country eligibility not confirmed.
SourcesPlatform terms, Website terms, How it works. Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.
VisitVisit TralentVisit The5ersVisit XM