Competitions
Seasonal, risk-adjusted trading contests. Placement points for a top finish are guaranteed; cash prizes, where a season offers them, need a funded, verified account.
Competitions are seasonal trading contests scored on risk-adjusted skill, not raw return. Each one runs over a season, a fixed window with a start and end date set by the firm (often a calendar month). When the season closes, the field is ranked and the top finishers earn guaranteed placement points. This is different from the Leaderboard, which is an always-on ranking with no season and no prize.
How competitions are scored
Your score rewards return earned per unit of risk, measured as a Calmar-style ratio: your return over the season against your deepest drawdown along the way. A large gain won through a deep drawdown scores worse than a steadier climb to the same place, so a single lucky, oversized bet does not top the board.
Two anti-gaming gates back that up: you need a minimum number of active trading days to qualify, and no single day can account for too much of your result. Breaching your account, or collusion, removes you from the standings entirely. Your score is zero until you clear the gates, and zero for a season you finish down.
The exact thresholds are still being calibrated
The scoring shape is fixed (risk-adjusted return, a minimum active-days gate, and a single-day cap), but the precise thresholds are provisional and will be tuned as real seasons run, so the exact numbers may change. The principle behind them is settled: the score rewards consistent, risk-adjusted trading ahead of a one-off gamble.
Competitions vs the leaderboard
They look similar but answer different questions, and it is worth keeping them straight.
| Competition | Leaderboard | |
|---|---|---|
| Ranks by | Risk-adjusted score (return against drawdown) | Return on starting balance |
| Runs | In seasons, with a close | Always on, no season |
| Reward | Guaranteed placement points (and, some seasons, cash) | None: recognition only |
| Entry | Automatic once you qualify in a season | None |
Placement points
When a season closes, the top finishers earn placement points on a fixed schedule. These are guaranteed and automatic: they post to your lifetime earned the moment the season closes, which climbs your points tier. This is the reward every competitor can count on.
| Finish | Placement points |
|---|---|
| 1st | 5,000 pts |
| 2nd-3rd | 2,500 pts |
| 4th-10th | 1,000 pts |
| 11th-25th | 400 pts |
Cash prizes
Some seasons also carry a cash prize pool, configured per season by the firm. Cash is separate from placement points and comes with real conditions:
- Cash eligibility requires a funded account and verified KYC. Evaluation traders still compete and rank, and still earn placement points, but they rank as a preview for the cash pool.
- A prize pool is set per season and is not guaranteed to be offered in any given season.
- There is no automatic cash disbursement from a competition. Any cash prize is handled separately, the same careful way a payout is.
Placement points are guaranteed; cash is not a promise
The one reward we guarantee for a top finish is placement points, credited automatically. Cash prizes are discretionary, offered per season, limited to funded and KYC-verified traders, and never paid out automatically. Treat a competition as a way to earn points and recognition, not a way to win cash.
Related
- Points - where placement points land and how tiers work.
- Leaderboard - the always-on ranking, with no season or prize.
- Payouts - the funded-account payout path a cash prize would follow.