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| Entry Cost | Practice Balance | Eligible Region | Ranking Metric |
|---|---|---|---|
| Free | USD 10,000 | US residents only | ROI% |
Trading.com runs a free monthly paper trading competition exclusively for US-based clients. Every month, participants trade on a $10,000 virtual practice account using real-time forex price quotes.
The top three traders by return on investment at the end of the month walk away with real cash prizes of $6,000, $3,000, and $1,000 respectively.
No real money is at stake during the competition. All trades are executed on a practice account, so there is no financial risk from participation. The cash prizes are real and paid out after identity and eligibility verification once the month closes.
| Placement | Cash Prize | Ranking Basis |
|---|---|---|
| 1st Place | USD 6,000 | Highest ROI% at month end |
| 2nd Place | USD 3,000 | Second highest ROI% |
| 3rd Place | USD 1,000 | Third highest ROI% |
| Note: Trading.com won Best FX Broker US 2025 at the World Finance Forex Awards, adding independent credibility to the broker running this competition. The prize money is funded directly by Trading.com, not through any pool collected from entrants. |
The competition is open only to US-based traders. Participants must hold a verified T1 account with Trading.com. The account does not need to be funded, but the identity verification step must be completed before entering.
There is no minimum trading experience required. The competition accepts complete beginners alongside experienced traders and ranks everyone by the same metric: percentage return on the $10,000 practice balance over the course of the month.
| Note: This competition is a US-only promotion. Traders based outside the United States are not eligible to enter or claim prizes, regardless of account status. Trading.com's operations in the US are registered with the CFTC and NFA, which restricts certain promotions to US residents only. |
You can join at any point during the active month. Late entrants can still compete, though starting earlier gives more trading sessions to build ROI before the month closes.
Traders are ranked purely by ROI percentage on their $10,000 practice account. Absolute profit in dollar terms does not determine placement; the percentage gain relative to the starting balance does. This means a trader turning $10,000 into $11,500 beats one who turns $10,000 into $11,200, regardless of lot size or trade frequency.
Rankings refresh once per hour throughout the competition. There is no minimum number of trades required to qualify, but traders must have an active account in good standing. The leaderboard is visible to all participants during the month so you can track where you stand relative to others in real time.
After the month closes, Trading.com announces the final results at the start of the following month. The top three finishers have a five-business-day window from that announcement to contact their account manager and submit the necessary verification documents.
Trading.com's compliance team reviews each winner's eligibility against the full competition terms. Once cleared, the cash prize is transferred, and the winner receives a confirmation email. Failure to respond within the five-business-day window or failure to pass eligibility checks can result in forfeiture of the prize.
The practice account starts with a default balance of $10,000 in virtual funds. Traders can use their existing practice balance if they already have one. All trades during the competition use real-time price quotes across Trading.com's forex pairs, giving participants market-accurate conditions without risking real capital.
Trading.com offers over 65 active forex pairs with no commissions. The platform provides tight spreads on major pairs including EUR/USD, USD/JPY, and GBP/USD, and supports leverage of up to 50:1 on major currency pairs. Forex market hours run 24 hours a day from 5:00 PM ET Sunday through 5:00 PM ET Friday, including most US holidays.
Trading.com is operated by Trading.com Markets Inc., located at 85 Broad Street, New York, NY 10004. The broker is registered as a Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA) under member ID 0516820.
Trading.com was awarded Best FX Broker US 2025 by the World Finance Forex Awards. Customer support is available 24/5 via live chat, email at [email protected], and phone at +44 204 577 1087.
