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 CompetitionsDeriv Trading CompetitionsTralent
EntryFree entry, Paid entryFree entryPaid entry
Entry costDemo Weekly is free. The Daily Arena costs $5.Free$20 to $500, depending on market and tournament length
AccountSimulatedSimulatedSimulated
Account detailsVirtual funds in both contests$10,000 in virtual fundsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.
MarketsNot confirmedFinancial markets, Synthetic indicesForex, US stocks
Prize typeCashCashCash
Operator’s cutNot statedNone (free entry)17% or 20% of entry fees (Tralent’s pages conflict)
Who gets paid100 winners weekly, 10 winners dailyPublished before each contestTop 30% of entrants
How winners are rankedLeaderboard position at the end of the contestFinal account balancePercentage P&L, with the same position size allowance for every entrant
Drawdown rulesNot confirmedNot statedNot stated
Trading rulesNot confirmed.At least 4 active trading days. Bots and EAs not allowed.Same position size allowance for every entrant. Free practice tournaments pay no money.
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.Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.
KYCNot confirmedFully verified Deriv account requiredVeriff identity check before withdrawal
Prize withdrawalDescribed by XM as withdrawable cashCash credited to your Deriv accountBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days
OperatorXM (broker)Deriv (broker)Tralent Online Gaming Services Co. LLC
Based inVaries by XM entityVaries by Deriv entityDubai, UAE
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Prize amounts change with each contest.
  • Tralent’s own pages list two different fees, 17% and 20%. Confirm the current figure before you enter.
  • No independent record of withdrawals found.
SourcesXM Competitions page. Checked 10 Oct 2026.Deriv trading competitions and FAQ. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.
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