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 CompetitionsThe5ers Trading CompetitionTralent
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 contestsForex demo accountSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.
MarketsNot confirmedForexForex, US stocks
Prize typeCashCash, Prop account, Platform credits, Trophies or merchCash
Operator’s cutNot statedNone (free entry)17% or 20% of entry fees (Tralent’s pages conflict)
Who gets paid100 winners weekly, 10 winners dailyTop 100 each weekTop 30% of entrants
How winners are rankedLeaderboard position at the end of the contestLeaderboard position. Recent contests ran for 6 days.Percentage P&L, with the same position size allowance for every entrant
Drawdown rulesNot confirmedNot confirmedNot stated
Trading rulesNot confirmed.Not confirmed.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.Not confirmed.Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.
KYCNot confirmedNot confirmedVeriff identity check before withdrawal
Prize withdrawalDescribed by XM as withdrawable cashNot confirmedBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days
OperatorXM (broker)The5ers (prop firm)Tralent Online Gaming Services Co. LLC
Based inVaries by XM entityNot confirmedDubai, UAE
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Prize split per position and full contest rules 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.
SourcesXM Competitions page. Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.
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