Add to Preferred Sources

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.

Thunder TraderTralentBullRushXMDerivThe5ersWorld Cup
DetailXM CompetitionsThe Thunder TraderTralent
EntryFree entry, Paid entryPaid entryPaid entry
Entry costDemo Weekly is free. The Daily Arena costs $5.$150, $250, $500 or $1,000 per event$20 to $500, depending on market and tournament length
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.Simulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.
MarketsNot confirmedForex, CryptoForex, US stocks
Prize typeCashCashCash
Operator’s cutNot stated20% of entry fees17% or 20% of entry fees (Tralent’s pages conflict)
Who gets paid100 winners weekly, 10 winners dailyTop 3% to 35% of entrants, depending on event sizeTop 30% of entrants
How winners are rankedLeaderboard position at the end of the contestNet P&L at the end of the eventPercentage P&L, with the same position size allowance for every entrant
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.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 open to residents of Hong Kong, Hawaii, Nevada, Washington or sanctioned countries.Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela.
KYCNot confirmedVerification before rewards are paidVeriff identity check before withdrawal
Prize withdrawalDescribed by XM as withdrawable cashPaid after verification, usually within 72 hoursBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days
OperatorXM (broker)LN17 ShapeFuture LimitedTralent Online Gaming Services Co. LLC
Based inVaries by XM entityHong KongDubai, UAE
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.
  • 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.Terms and Conditions (updated 20 May 2026). Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.
VisitVisit XMVisit Thunder TraderVisit Tralent