Know the arena
Tournament Rulebook
The complete rules for every World Trading League tournament. Each tournament page shows a short summary with its own dates, pool and payout details.
Level limits
Trading limits
These limits apply in every tournament — practice and USDT alike. They are set by the platform and enforced on every order, so no single trade can dominate a market.
Loading current limits…
The platform adjusts these limits from time to time; this table always shows the current values. Limit and stop orders rest until their price is reached and fill without slippage.
Level 01
Registration
- 1Each tournament shows its registration window on its page. You must register before registration closes.
- 2Real USDT tournaments require a connected MetaMask wallet and enough deposited USDT to cover the educational buyin fee.
- 3The buyin fee is debited from your wallet when you register. If a tournament is cancelled (for example, not enough players), your buyin is refunded in full.
- 4Some tournaments allow late registration after they go live — when available, the late-registration deadline is shown on the tournament page.
- 5Play money (demo) tournaments keep registration open for the whole tournament.
- 6One entry per player per tournament.
Level 02
Trading
- 1Every player starts with the same tournament bankroll shown on the tournament card.
- 2All trades fill at the current live market price, set by the server at the moment your order executes. Limit and stop orders rest until their price is reached.
- 3You can buy, sell, and — in tournaments marked as shortable — short and cover eligible assets.
- 4Short positions pay a daily borrow fee, deducted automatically while the position is open.
- 5Order size and total exposure per asset are capped as a percentage of that asset's average daily volume, so no single trade can dominate a market.
Level 03
Qualification & scoring
- 1Make at least 4 trades during the tournament to qualify for the educational USDT prize pool.
- 2Players are ranked by total return percentage: (portfolio value − starting bankroll) ÷ starting bankroll.
- 3Your portfolio value is your cash plus the live market value of all open positions.
- 4Players who stay idle may be disqualified in tournaments with activity rules.
Level 04
Prizes
- 1GTD tournaments have a guaranteed prize pool. Non-guaranteed tournaments build their pool from entries: total buyins minus the house's educational buyin fee percentage shown on the card.
- 2The prize pool is split across the top finishers according to the tournament's payout structure.
- 3Winnings are credited to your site wallet automatically when the tournament settles, and can be withdrawn to your own wallet on Ethereum, BNB Chain, BASE, Tron or Solana.
- 4Demo tournaments pay play money only — no cash value.
Level 05
Monthly Standings
- 1Monthly Winner Take All standings combine eligible paid Stocks, free Stocks and Perps tournaments on one board (no sit & gos or demos). Crypto never contributes.
- 2Every format uses the same participation and placement points scaled by field size. Top-five USDT and noncash item winners receive the same 15-point prize bonus.
- 3You earn 10 points per tournament played, plus placement points: 1st +100, 2nd +70, 3rd +50, 4th–5th +35, 6th–10th +20.
- 4Placement points scale with field size: 10 players = 1x, 5 players = 0.5x, 20+ players = 2x.
- 5Every cash (any prize won) adds +15 points.
- 6Standings reset at midnight New York time on the first of each month; past months are kept in the History tab.
- 7The top 15 finishers each month earn a free seat in the Winner Take All event. One winner receives all Perps prize products in a combined package valued at $20,000.
Level 06
Fair play
- 1One wallet and one account per player. Multi-accounting, collusion or exploiting stale prices leads to disqualification and a ban.
- 2All trades, prices and timestamps are set server-side; the site never trusts your device for prices or balances.
- 3Banned players forfeit pending balances to the tournament ban pot.
Questions? See the FAQ or ask in tournament chat.
Enter the lobbyTables may include house players assigned by the WTL to guarantee start times. House players pay the same entry fee, count toward the prize pool, and compete under the same rules and prices as everyone else, and they can finish in the money like any other entrant. All real-player winnings are personally guaranteed and paid out by the WTL.