Compare trading competitions

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DetailXM CompetitionsDeriv Trading CompetitionsThe Thunder Trader
EntryFree entry, Paid entryFree entryPaid entry
Entry costDemo Weekly is free. The Daily Arena costs $5.Free$150, $250, $500 or $1,000 per event
AccountSimulatedSimulatedSimulated
Account detailsVirtual funds in both contests$10,000 in virtual fundsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.
MarketsNot confirmedFinancial markets, Synthetic indicesForex, Crypto
Prize typeCashCashCash
Operator’s cutNot statedNone (free entry)20% of entry fees
Who gets paid100 winners weekly, 10 winners dailyPublished before each contestTop 3% to 35% of entrants, depending on event size
How winners are rankedLeaderboard position at the end of the contestFinal account balanceNet P&L at the end of the event
Drawdown rulesNot confirmedNot statedNo daily or total drawdown limit
Trading rulesNot confirmed.At least 4 active trading days. Bots and EAs not allowed.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.Open to anyone, but you need a fully verified Deriv account to claim a prize.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.
KYCNot confirmedFully verified Deriv account requiredVerification before rewards are paid
Prize withdrawalDescribed by XM as withdrawable cashCash credited to your Deriv accountPaid after verification, usually within 72 hours
OperatorXM (broker)Deriv (broker)LN17 ShapeFuture Limited
Based inVaries by XM entityVaries by Deriv entityHong Kong
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Prize amounts change with each contest.
  • 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.Deriv trading competitions and FAQ. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.
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