Compare trading competitions

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DetailXM CompetitionsThe Thunder TraderThe5ers Trading Competition
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.Forex demo account
MarketsNot confirmedForex, CryptoForex
Prize typeCashCashCash, Prop account, Platform credits, Trophies or merch
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 sizeTop 100 each week
How winners are rankedLeaderboard position at the end of the contestNet P&L at the end of the eventLeaderboard position. Recent contests ran for 6 days.
Drawdown rulesNot confirmedNo daily or total drawdown limitNot confirmed
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.Not confirmed.
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 confirmed.
KYCNot confirmedVerification before rewards are paidNot confirmed
Prize withdrawalDescribed by XM as withdrawable cashPaid after verification, usually within 72 hoursNot confirmed
OperatorXM (broker)LN17 ShapeFuture LimitedThe5ers (prop firm)
Based inVaries by XM entityHong KongNot confirmed
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 split per position and full contest rules not confirmed.
SourcesXM Competitions page. Checked 10 Oct 2026.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.
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