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.
| Detail |  XM Competitions |  Tradeiators |  The5ers Trading Competition |
|---|---|---|---|
| Entry | Free entry, Paid entry | Free entry, Paid entry | Free entry |
| Entry cost | Demo Weekly is free. The Daily Arena costs $5. | Paid Battles listed on 7 November 2026 cost $30 or $50. The FAQ says some Battles and Missions are free to enter. Funded account challenges are a separate product with their own fees. | Free |
| Account | Simulated | Simulated | Simulated |
| Account details | Virtual funds in both contests | Battles give every entrant the same virtual starting balance for a fixed period. Battles listed on 7 November 2026: Live Trading Competition With Account Manager ($50 entry, 3 days, reward up to $2,050), South Africa Battle With AI Coach ($30, 7 days, up to $5,000) and Crypto Masters ($50, about 14 days, up to $6,250). Charts by TradingView. Tradeiators also sells 1-step, 2-step and instant funded account challenges up to $200,000. | Forex demo account |
| Markets | Not confirmed | Crypto, Forex, Stocks, Commodities, Equity indices | Forex |
| Prize type | Cash | Cash | Cash, Prop account, Platform credits, Trophies or merch |
| Operator’s cut | Not stated | Not stated. Rules say entry fees do not give a proportional share of the reward pool unless a Battle's rules say so. | None (free entry) |
| Who gets paid | 100 winners weekly, 10 winners daily | Eligible top 3 traders in each Battle, per the homepage. Rewards can be fixed, pooled or by rank, as shown before entry. | Top 100 each week |
| How rewards are earned | Leaderboard position at the end of the contest | Leaderboard on simulated performance. The scoring method is disclosed per Battle and can use P&L, percentage return, drawdown, risk-adjusted performance or other stated criteria. Results are provisional until integrity checks finish. | Leaderboard position. Recent contests ran for 6 days. |
| Drawdown rules | Not confirmed | Set per Battle and shown before entry; not published on the public site. | Not confirmed |
| Trading rules | Not confirmed. | Simulated execution may include spreads, slippage, swaps, fees and leverage. Disqualification for cheating, multi-accounting, account sharing, prohibited automation, collusion, payment fraud, exploit abuse or access from a prohibited country. Ties go to higher return, lower drawdown or earlier achievement unless stated otherwise. Entry fees are generally non-refundable once a Battle starts. | Not confirmed. |
| Who can enter | Not confirmed. Which XM entity serves you depends on your country. | 18+ with legal capacity. Not available in prohibited or restricted countries, but the public site does not list them. | Not confirmed. |
| KYC | Not confirmed | Identity, age and payment-ownership checks can be requested before paid entry and must be passed before any reward is paid. | Not confirmed |
| Prize withdrawal | Described by XM as withdrawable cash | Verified rewards are paid within the timeframe shown on the platform, or a reasonable period if none is shown. Payment methods are not listed publicly; the policy mentions bank, card, wallet and crypto settlement. Some payments go through Finvera LTD, a payment agent in Limassol, Cyprus. | Not confirmed |
| Operator | XM (broker) | PrimeEdge Global Ltd (technology: SAL Innovations Ltd) | The5ers (prop firm) |
| Based in | Varies by XM entity | Majuro, Marshall Islands (registered operator); offices listed in Dubai, Malta, Cyprus and Bulgaria | Not confirmed |
| Sources | XM Competitions page. Checked 10 Oct 2026. | Homepage: live Battles, entry fees, rewards, FAQ and operator disclosure (7 November 2026), Battle, Mission and Competition Rules (effective 5 October 2026), Terms and Conditions: eligibility, KYC, real rewards and refunds, Payments, Rewards, Payouts and Refund Policy, About us: founded 2024. Checked 7 Nov 2026. | The5ers trading competition page. Checked 10 Oct 2026. |
| Visit | Visit XM | Visit Tradeiators | Visit The5ers |