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.

DetailXM CompetitionsBullRushThe Thunder Trader
EntryFree entry, Paid entryFree entry, Paid entryPaid entry
Entry costDemo Weekly is free. The Daily Arena costs $5.Hourly contests are free. Daily, weekly and monthly contests are free or cost $5, $10 or $50.$150, $250, $500 or $1,000 per event
AccountSimulatedSimulatedSimulated
Account detailsVirtual funds in both contestsContest trading account with no real money, funded with platform creditsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.
MarketsNot confirmedNot confirmedForex, Crypto
Prize typeCashCash, Prop account, Platform creditsCash
Operator’s cutNot statedNot stated20% of entry fees
Who gets paid100 winners weekly, 10 winners dailyVaries by contestTop 3% to 35% of entrants, depending on event size
How winners are rankedLeaderboard position at the end of the contestDepends on the contest: highest profit, profit factor, win rate, winning streak or first to hit a profit targetNet P&L at the end of the event
Drawdown rulesNot confirmedVaries by contestNo daily or total drawdown limit
Trading rulesNot confirmed.Each contest sets its own scoring rule.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 enterNot confirmed. Which XM entity serves you depends on your country.Not available in CT, HI, ID, IA, IN, KS, MO, MT, NV, NH or WA.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.
KYCNot confirmedKYC required to withdraw cashVerification before rewards are paid
Prize withdrawalDescribed by XM as withdrawable cashPrizes credited to your BullRush wallet. Unclaimed prizes can be forfeited after 7 business days.Paid after verification, usually within 72 hours
OperatorXM (broker)BullRush Entertainment LLCLN17 ShapeFuture Limited
Based inVaries by XM entityCarson City, Nevada, USHong Kong
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Markets offered not confirmed from official pages.
  • Prop account prizes follow BullRush’s separate prop terms, which are not covered here.
  • No independent record of cash withdrawals found.
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
SourcesXM Competitions page. Checked 10 Oct 2026.Competition types, Terms of Use (updated 10 March 2026). Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.
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