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.

DetailXM CompetitionsTralentDeriv Trading Competitions
EntryFree entry, Paid entryPaid entryFree entry
Entry costDemo Weekly is free. The Daily Arena costs $5.$20 to $500, depending on market and tournament lengthFree
AccountSimulatedSimulatedSimulated
Account detailsVirtual funds in both contestsSimulated trading. Tournaments last 1 hour, 4 hours, 1 day or 1 week.$10,000 in virtual funds
MarketsNot confirmedForex, US stocksFinancial markets, Synthetic indices
Prize typeCashCashCash
Operator’s cutNot stated17% or 20% of entry fees (Tralent’s pages conflict)None (free entry)
Who gets paid100 winners weekly, 10 winners dailyTop 30% of entrantsPublished before each contest
How winners are rankedLeaderboard position at the end of the contestPercentage P&L, with the same position size allowance for every entrantFinal account balance
Drawdown rulesNot confirmedNot statedNot stated
Trading rulesNot confirmed.Same position size allowance for every entrant. Free practice tournaments pay no money.At least 4 active trading days. Bots and EAs not allowed.
Who can enterNot 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.Open to anyone, but you need a fully verified Deriv account to claim a prize.
KYCNot confirmedVeriff identity check before withdrawalFully verified Deriv account required
Prize withdrawalDescribed by XM as withdrawable cashBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysCash credited to your Deriv account
OperatorXM (broker)Tralent Online Gaming Services Co. LLCDeriv (broker)
Based inVaries by XM entityDubai, UAEVaries by Deriv entity
Not confirmed
  • Full contest terms, markets and country eligibility not confirmed.
  • Tralent’s own pages list two different fees, 17% and 20%. Confirm the current figure before you enter.
  • No independent record of withdrawals found.
  • Prize amounts change with each contest.
SourcesXM Competitions page. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.Deriv trading competitions and FAQ. Checked 10 Oct 2026.
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