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 | Tralent |
|---|---|---|
| Entry | Free entry, Paid entry | Paid entry |
| Entry cost | Demo Weekly is free. The Daily Arena costs $5. | $20 to $500, depending on market and tournament length |
| Account | Simulated | Simulated |
| Account details | Virtual funds in both contests | Simulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week. |
| Markets | Not confirmed | Forex, US stocks |
| Prize type | Cash | Cash |
| Operator’s cut | Not stated | 17% or 20% of entry fees (Tralent’s pages conflict) |
| Who gets paid | 100 winners weekly, 10 winners daily | Top 30% of entrants |
| How winners are ranked | Leaderboard position at the end of the contest | Percentage P&L, with the same position size allowance for every entrant |
| Drawdown rules | Not confirmed | Not stated |
| Trading rules | Not confirmed. | Same position size allowance for every entrant. Free practice tournaments pay no money. |
| Who can enter | Not confirmed. Which XM entity serves you depends on your country. | Must be 18+. Not open to residents of FATF-listed countries, Iran, North Korea, Cuba, Sudan, Syria or Venezuela. |
| KYC | Not confirmed | Veriff identity check before withdrawal |
| Prize withdrawal | Described by XM as withdrawable cash | Bank wire (minimum $50) or USDT (5 USDT fee), up to 5 business days |
| Operator | XM (broker) | Tralent Online Gaming Services Co. LLC |
| Based in | Varies by XM entity | Dubai, UAE |
| Not confirmed |
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| Sources | XM Competitions page. Checked 10 Oct 2026. | Platform terms, Website terms, How it works. Checked 10 Oct 2026. |
| Visit | Visit XM | Visit Tralent |