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 CompetitionsThe Thunder TraderBullRush
EntryFree entry, Paid entryPaid entryFree entry, Paid entry
Entry costDemo Weekly is free. The Daily Arena costs $5.$150, $250, $500 or $1,000 per eventHourly contests are free. Daily, weekly and monthly contests are free or cost $5, $10 or $50.
AccountSimulatedSimulatedSimulated
Account detailsVirtual funds in both contestsDemo account. Fighter ($150) and Gladiator ($250) get $100,000, Titan ($500) $250,000 and Legend ($1,000) $300,000 in demo capital.Contest trading account with no real money, funded with platform credits
MarketsNot confirmedForex, CryptoNot confirmed
Prize typeCashCashCash, Prop account, Platform credits
Operator’s cutNot stated20% of entry feesNot stated
Who gets paid100 winners weekly, 10 winners dailyTop 3% to 35% of entrants, depending on event sizeVaries by contest
How winners are rankedLeaderboard position at the end of the contestNet P&L at the end of the eventDepends on the contest: highest profit, profit factor, win rate, winning streak or first to hit a profit target
Drawdown rulesNot confirmedNo daily or total drawdown limitVaries by contest
Trading rulesNot confirmed.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.Each contest sets its own scoring rule.
Who can enterNot confirmed. Which XM entity serves you depends on your country.Not open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Not available in CT, HI, ID, IA, IN, KS, MO, MT, NV, NH or WA.
KYCNot confirmedVerification before rewards are paidKYC required to withdraw cash
Prize withdrawalDescribed by XM as withdrawable cashPaid after verification, usually within 72 hoursPrizes credited to your BullRush wallet. Unclaimed prizes can be forfeited after 7 business days.
OperatorXM (broker)LN17 ShapeFuture LimitedBullRush Entertainment LLC
Based inVaries by XM entityHong KongCarson City, Nevada, US
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Rewards are discretionary under the terms and can be withheld, reduced or cancelled.
  • No independent record of reward withdrawals found.
  • 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.
SourcesXM Competitions page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.Competition types, Terms of Use (updated 10 March 2026). Checked 10 Oct 2026.
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