Competition Terms and Conditions

TradersArena Leadership League Competition Rules

Important Notice

TRADERSARENA LEADERSHIP LEAGUE (THE “COMPETITION”) IS A CONTEST OF SKILL.

THE COMPETITION IS OPEN TO LEGAL RESIDENTS OF ANY COUNTRY OR JURISDICTION WHERE PARTICIPATION IS LAWFUL, WHO MEET THE ELIGIBLE AGE REQUIREMENT AND ALL OTHER ELIGIBILITY REQUIREMENTS, AS DETERMINED BY TRADERSARENA (“SPONSOR”) IN ITS SOLE DISCRETION.

DO NOT ENTER AND DO NOT PARTICIPATE IF YOU ARE NOT ELIGIBLE AND/OR UNABLE TO PROVIDE PROOF OF YOUR ELIGIBILITY AS MAY BE REQUIRED BY THE SPONSOR; IF YOU ARE LOCATED IN OR A RESIDENT OF ANY COUNTRY OR JURISDICTION WHERE THE COMPETITION IS UNLAWFUL; OR WHERE PARTICIPATION WOULD REQUIRE REGISTRATION, BONDING, OR LOCALIZATION. YOU ARE SOLELY RESPONSIBLE FOR CONFIRMING THAT YOUR PARTICIPATION IN THE COMPETITION COMPLIES WITH APPLICABLE LAWS IN YOUR JURISDICTION. THE COMPETITION IS VOID WHERE PROHIBITED BY LAW, REGULATION, RULE, OR ORDINANCE.

NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO PARTICIPATE. PAYMENT OF THE ENTRY FEE IS REQUIRED TO ACTIVATE A COMPETITION ACCOUNT BUT DOES NOT GUARANTEE ANY OUTCOME.

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING ANY TRADERSARENA WEBSITES OR BEFORE APPLYING OR PARTICIPATING IN THE COMPETITION.

By participating in the Competition, all participants (“You”, “Your” and “Participant”) agree to each and all of these Terms and Conditions and all decisions of the Sponsor, including without limitation, decisions regarding eligibility, disqualification, account suspension, forfeiture, and interpretation of these Terms and Conditions, which are final and binding in all respects.

Please refer to https://www.tradersarena.io (the “Competition Page”) for further details applicable to the Competition. Do not use the websites, enter the Competition or participate in the Competition unless you agree to the Terms and Conditions and are eligible to participate.

1. Eligibility

The Leadership League (“Competition”) is open to legal residents of all countries where participation is not prohibited by law. Participants must be at least 18 years of age or the legal age of majority in their jurisdiction.

By entering, participants represent that they are not restricted by applicable sanctions or regulatory prohibitions.

2. Competition Period

The Competition runs on a weekly basis beginning Monday 00:00 GMT and ending Friday 23:59 GMT. All accounts and trading activity reset at the close of each week.

3. Entry & Accounts
  • Entry is valid only upon payment of the entry fee.
  • Each entry provides a USD 100,000 virtual Capital on MetaTrader 5 (MT5).
  • Participants may create multiple accounts, provided that each is registered and activated independently.
  • Accounts expire at the end of the competition week, regardless of join date.
  • No refunds are issued once an account is activated.
4. Trading Rules

Trading is conducted exclusively on MT5 within the competition environment.

Prohibited Activities

  • Arbitrage strategies
  • Latency abuse
  • External copy-trading signals
  • Exploiting system or technical loopholes

Important Trading Rules

All trades must be closed by Friday 23:59 GMT. Open positions after this time will be force-closed.

5. Winner Selection

Participants must complete all required registration and entry steps to be eligible for ranking within the Competition. The Competition will feature a primary leaderboard (the “Overall Leaderboard”) displaying each Participant's simulated trading performance during the Competition Period.

At the Sponsor's sole discretion, additional leaderboards (the “Alternate Leaderboards”) may be introduced based on specific criteria, such as trading style, consistency, or other performance measures. Participants will be automatically added to such Alternate Leaderboards if they meet the criteria. If a Participant does not meet the criteria, they will not appear on the relevant Alternate Leaderboard.

All leaderboards reflect the total simulated profit and loss in each Participant’s account during the Competition Period. Profit and loss may be calculated and displayed daily. Leaderboard results are provided for informational purposes only and are subject to verification. Leaderboard positions may not be final and may be amended, modified, or revised at any time by the Sponsor in its sole and absolute discretion.

The final Overall Leaderboard will be confirmed at the conclusion of each Competition Period. Rankings will be based on weighted metrics, including but not limited to:

  • Net Profit % (primary metric)
  • Maximum Drawdown (risk management consideration)
  • Sharpe Ratio / risk-to-reward balance
  • Consistency of trading results

Sponsor reserves the right to disqualify, adjust, or remove Participants from leaderboards in the event of misconduct, technical issues, or discrepancies. All determinations regarding leaderboard placement, disqualification, and overall rankings are final and binding.

Potential winners may be required to verify their eligibility by providing accurate and up-to-date information, including but not limited to government-issued identification and compliance with applicable laws. Sponsor reserves the right to conduct additional checks to confirm eligibility, including compliance with sanctions or regulatory restrictions.

If a Participant is disqualified, ineligible, or fails to comply with these Terms and Conditions, the corresponding leaderboard position may be forfeited, and the Sponsor will not be obligated to reassign or redistribute rankings to alternate Participants.

Participants are solely responsible for ensuring the accuracy and accessibility of their competition account, contact details, and any other information required by the Sponsor.

6. Prize Details

Prizes for the Overall Leaderboard, as defined on the Competition Page, will be awarded in accordance with the final rankings at the end of each Competition Period. All prize payments will be issued in U.S. Dollars (USD) or, at TradersArena’s discretion, in an equivalent amount in the local currency of the Participant, calculated at a reasonable exchange rate at the time of payment. Participants are solely responsible for any currency conversion costs and any risk of valuation changes due to foreign exchange fluctuations.

Tie-Breaking Rule

In the event of a tie in the Leaderboard, the tied Participants will share the prize for that rank. The winning amount allocated to that position will be combined and distributed equally among the tied Participants.

General Provisions

  • Each Participant is limited to one (1) prize per account.
  • Prizes are non-transferable and may not be substituted, except at the sole discretion of TradersArena, which reserves the right to substitute a prize with another of equal or greater value if necessary.
  • Winners are solely responsible for complying with any and all tax obligations in their jurisdiction, including reporting and payment of taxes, fees, or other charges associated with their prize. TradersArena does not provide tax or legal advice, and Participants are encouraged to seek independent professional guidance.
  • Failure to comply with verification requirements, including providing accurate identity and eligibility documentation upon request, may result in forfeiture of the prize.
7. Payout & Withdrawal Policy
  • Rewards and payouts will only be processed after the Competition ends on Friday at 23:59 GMT and standings are confirmed.
  • No withdrawals or transfers of rewards are permitted during the active Competition week.
  • TradersArena reserves the right to verify all account activity before releasing rewards.
8. Prize Structure

Definition of Prize Pool. The “Prize Pool” equals total eligible entry fees collected for the Competition week minus Management & Admin fees.

Allocation. For positions 1–5, each prize is the lesser of the stated cap or the stated percentage of the Prize Pool.

PositionPrize
1st PlaceMax USD 4,000 or 30% of the Prize Pool
2nd PlaceMax USD 3,000 or 25% of the Prize Pool
3rd PlaceMax USD 2,000 or 20% of the Prize Pool
4th PlaceMax USD 1,500 or 15% of the Prize Pool
5th PlaceMax USD 1,000 or 10% of the Prize Pool

Additional Rewards.

  • 6th–10th Place: USD 200 each (funded from the remaining Prize Pool).
  • 11th onwards: USD 100 each (until the remaining Prize Pool is exhausted).

Fees & Deductions.

  • Management & Admin fees are deducted before prize allocations.
  • All other provisions in Section 6 (currency, taxes, verification, and tie-break rules) apply.

Note (example). If the remaining Prize Pool after fees is USD 10,000:

  • 1st Place receives min(USD 4,000, 30% × 10,000 = USD 3,000) = USD 3,000; proceed similarly for other places.
9. Affiliate Program

TradersArena provides an Affiliate Program open to all Participants and external users. Participation is optional and does not affect eligibility for Competitions. Affiliates may promote the Competition under TradersArena’s guidelines.

Restrictions

  • Participants are strictly prohibited from using their own referral code under any circumstances. Referral codes are intended exclusively for new users referred by an Affiliate. Any self-referral will be deemed invalid and may result in removal from the Affiliate Program and/or disqualification from the Competition.
  • All promotional activities must comply with TradersArena’s brand guidelines and applicable laws. Misleading or fraudulent promotion will lead to immediate termination of Affiliate status.
10. Code of Conduct
  • Participants must act professionally and respectfully toward other traders and organizers.
  • Abusive, fraudulent, or disruptive behavior will result in immediate disqualification.
  • All administrative decisions of TradersArena are final and binding.
11. Disputes & Transparency
  • All competition trades and account activity are recorded and verifiable through MT5 servers.
  • Any dispute must be raised in writing within 24 hours of the competition's close.
  • TradersArena reserves the right to amend rules or suspend accounts where necessary.
12. Limitation of Liability
  • Virtual Environment: All trading within the platform is conducted in a simulated environment using virtual funds only. No actual trading or investment of real capital occurs.
  • Entry Fees: Entry fees are non-refundable and are charged solely to access the gamified competition environment. Users acknowledge and accept that such fees do not constitute deposits, investments, or payments for financial services.
  • Prize Distribution: Rewards and prizes are skill-based and tied exclusively to user performance in the simulated competitions. They are not returns on investment or interest-based earnings.
  • No Chargebacks or Fraudulent Claims: By participating, users expressly waive any right to dispute charges or initiate chargebacks on the basis of misinterpretation of the platform’s nature. Any fraudulent attempts to misuse payment systems or rewards will result in permanent suspension and potential legal action.

No Liability for Claims

  • Traders Arena expressly disclaim any responsibility or liability for:
  • User misinterpretation of the platform’s purpose,
  • Unauthorized use of accounts, or
  • Losses arising from users’ reliance on simulated outcomes for real-world trading decisions.
  • By registering and participating, users fully acknowledge and agree that Traders Arena is not a financial product or investment service, and they accept sole responsibility for their use of the platform.
13. Privacy & Data

By entering, participants consent to the collection and processing of personal data in accordance with the TradersArena Privacy Policy. Data may be used for account setup, competition administration, fraud prevention, and communication.

14. Amendments & Termination

TradersArena reserves the right to modify, suspend, or cancel the Competition at any time with reasonable notice. In such cases, TradersArena is not obligated to provide refunds or compensation beyond what is required by law.

15. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which TradersArena operates. Any disputes not subject to arbitration will be resolved in the courts of that jurisdiction.