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DetailTralentThe Thunder TraderXM Competitions
EntryPaid entryPaid entryFree entry, Paid entry
Entry cost$20 to $500, depending on market and tournament length$150, $250, $500 or $1,000 per eventDemo Weekly is free. The Daily Arena costs $5.
AccountSimulatedSimulatedSimulated
Account detailsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.Demo 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
MarketsForex, US stocksForex, CryptoNot confirmed
Prize typeCashCashCash
Operator’s cut17% or 20% of entry fees (Tralent’s pages conflict)20% of entry feesNot stated
Who gets paidTop 30% of entrantsTop 3% to 35% of entrants, depending on event size100 winners weekly, 10 winners daily
How winners are rankedPercentage P&L, with the same position size allowance for every entrantNet P&L at the end of the eventLeaderboard position at the end of the contest
Drawdown rulesNot statedNo daily or total drawdown limitNot confirmed
Trading rulesSame position size allowance for every entrant. Free practice tournaments pay no money.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.Not confirmed.
Who can enterMust be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Not confirmed. Which XM entity serves you depends on your country.
KYCVeriff identity check before withdrawalVerification before rewards are paidNot confirmed
Prize withdrawalBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysPaid after verification, usually within 72 hoursDescribed by XM as withdrawable cash
OperatorTralent Online Gaming Services Co. LLCLN17 ShapeFuture LimitedXM (broker)
Based inDubai, UAEHong KongVaries 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.
  • 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.
SourcesPlatform terms, Website terms, How it works. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.XM Competitions page. Checked 10 Oct 2026.
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