Compare trading competitions

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DetailXM CompetitionsThe Thunder TraderDeriv Trading Competitions
EntryFree entry, Paid entryPaid entryFree entry
Entry costDemo Weekly is free. The Daily Arena costs $5.$150, $250, $500 or $1,000 per eventFree
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.$10,000 in virtual funds
MarketsNot confirmedForex, CryptoFinancial markets, Synthetic indices
Prize typeCashCashCash
Operator’s cutNot stated20% of entry feesNone (free entry)
Who gets paid100 winners weekly, 10 winners dailyTop 3% to 35% of entrants, depending on event sizePublished before each contest
How winners are rankedLeaderboard position at the end of the contestNet P&L at the end of the eventFinal account balance
Drawdown rulesNot confirmedNo daily or total drawdown limitNot stated
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.At least 4 active trading days. Bots and EAs not allowed.
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.Open to anyone, but you need a fully verified Deriv account to claim a prize.
KYCNot confirmedVerification before rewards are paidFully verified Deriv account required
Prize withdrawalDescribed by XM as withdrawable cashPaid after verification, usually within 72 hoursCash credited to your Deriv account
OperatorXM (broker)LN17 ShapeFuture LimitedDeriv (broker)
Based inVaries by XM entityHong KongVaries by Deriv entity
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.
  • Prize amounts change with each contest.
SourcesXM Competitions page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.Deriv trading competitions and FAQ. Checked 10 Oct 2026.
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