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.
| Detail | Tralent | XM Competitions |
|---|---|---|
| Entry | Paid entry | Free entry, Paid entry |
| Entry cost | $20 to $500, depending on market and tournament length | Demo Weekly is free. The Daily Arena costs $5. |
| Account | Simulated | Simulated |
| Account details | Simulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week. | Virtual funds in both contests |
| Markets | Forex, US stocks | Not confirmed |
| Prize type | Cash | Cash |
| Operator’s cut | 17% or 20% of entry fees (Tralent’s pages conflict) | Not stated |
| Who gets paid | Top 30% of entrants | 100 winners weekly, 10 winners daily |
| How winners are ranked | Percentage P&L, with the same position size allowance for every entrant | Leaderboard position at the end of the contest |
| Drawdown rules | Not stated | Not confirmed |
| Trading rules | Same position size allowance for every entrant. Free practice tournaments pay no money. | Not confirmed. |
| Who can enter | Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela. | Not confirmed. Which XM entity serves you depends on your country. |
| KYC | Veriff identity check before withdrawal | Not confirmed |
| Prize withdrawal | Bank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days | Described by XM as withdrawable cash |
| Operator | Tralent Online Gaming Services Co. LLC | XM (broker) |
| Based in | Dubai, UAE | Varies by XM entity |
| Not confirmed |
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| Sources | Platform terms, Website terms, How it works. Checked 10 Oct 2026. | XM Competitions page. Checked 10 Oct 2026. |
| Visit | Visit Tralent | Visit XM |