Trading.com, a CFTC-registered Retail Foreign Exchange Dealer (RFED) and member of the National Futures Association (NFA #0516820), continues its monthly Forex Paper Trading Competition exclusively for U.S.-based traders. With zero financial risk and real cash rewards totaling $10,000 each month, this competition is designed to help traders of all experience levels practice and perform in a live market environment using simulated funds.
There is no deposit required to participate, and traders can compete for cash prizes based on their Return on Investment (ROI) in a demo account, giving them a professional-level trading experience without risking their own money.
Competition Highlights:
- Monthly Cash Prizes:
- 1st Place: $6,000
- 2nd Place: $3,000
- 3rd Place: $1,000
- Zero Deposit Required – Compete using a $10,000 practice balance.
- Live Market Conditions – Trade with real-time quotes in a risk-free environment.
- Open to All U.S. Traders – New and existing Trading.com clients welcome.
- Recurring Monthly Format – A fresh competition starts on the 1st of every month.
- Skill-Based Ranking – Leaderboard is based on ROI performance only.
How to Enter:
- Register and Validate – Create a real Trading.com account and verify it (no deposit needed).
- Opt In Monthly – Sign up for each new round via the web platform or mobile app.
- Trade on the Practice Account – Use the simulated $10,000 balance to compete.
- Rank and Win – Top three traders by ROI take home the monthly prizes.
Key Eligibility Requirements:
- Open to U.S. residents only.
- A verified real Trading.com account is required to join and receive prizes.
- Past winners (top 3 finishers) are ineligible for future contests to promote fairness.
- Trading.com employees and their household members are excluded.
About Trading.com
Headquartered in New York City, Trading.com is a regulated U.S. Forex broker, registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association. Trading.com offers a user-friendly, secure trading environment built to support traders at every stage of their journey.
Risk Disclosure: Leveraged Forex trading involves significant risk and may not be suitable for all investors. Losses can exceed deposits. Participants should review the full Risk Disclosure Statement before engaging in any trading activity involving real funds.
| Feature |  XM Since 2009 |  Trading.com Since 2009 |
|---|---|---|
| Rating | ★★★★☆ | ★★★☆☆ |
| Regulation | CySEC (Cyprus), DFSA (United Arab Emirates), FSC (Belize), FSCA (South Africa) | FCA (United Kingdom) |
| Min Deposit | $5 | $5 |
| Typical Spread | 0.80 | 0.60 |
| Leverage (Max) | 1:30 | 1:30 |
| Platforms | MT4, MT5, Mobile, Proprietary, Web | MT5, Mobile, Web |
| Instruments | Algriculture, Commodities, Cryptos, Energies, Indices, Forex, Metals, Real Stocks, Stock CFDs | Algriculture, Commodities, Energies, Indices, Forex, Metals, Stock CFDs |
| Bonus | Yes | No |
| Robo Trading Allowed | Yes | Yes |
| Hedging Allowed | Yes | Yes |
| Scalping Allowed | Yes | Yes |
| Swap‑Free / Islamic | Yes | Yes |
| Action | Visit Broker | Read Review |
XM
Since 2009 Trading.com
Since 2009XM
Since 2009 
