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 CompetitionsTralentThe5ers Trading Competition
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.Forex demo account
MarketsNot confirmedForex, US stocksForex
Prize typeCashCashCash, Prop account, Platform credits, Trophies or merch
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 entrantsTop 100 each week
How winners are rankedLeaderboard position at the end of the contestPercentage P&L, with the same position size allowance for every entrantLeaderboard position. Recent contests ran for 6 days.
Drawdown rulesNot confirmedNot statedNot confirmed
Trading rulesNot confirmed.Same position size allowance for every entrant. Free practice tournaments pay no money.Not confirmed.
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.Not confirmed.
KYCNot confirmedVeriff identity check before withdrawalNot confirmed
Prize withdrawalDescribed by XM as withdrawable cashBank wire (minimum $50) or USDT (5 USDT fee), up to 5 business daysNot confirmed
OperatorXM (broker)Tralent Online Gaming Services Co. LLCThe5ers (prop firm)
Based inVaries by XM entityDubai, UAENot confirmed
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 split per position and full contest rules not confirmed.
SourcesXM Competitions page. Checked 10 Oct 2026.Platform terms, Website terms, How it works. Checked 10 Oct 2026.The5ers trading competition page. Checked 10 Oct 2026.
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