Competitions
Trading Competitions
A trading competition (sometimes called a trading tournament) is a timed contest where every trader starts with the same balance and trades the same live markets. When the clock runs out, the leaderboard ranks players by return — and the best trader wins the the top prizes. Free Stocks tournaments award the same rotating top-five noncash prizes as Perps; Crypto tournaments offer educational USDT pools during their scheduled events.
Stock trading competitions
Trade US-listed stocks, ETFs and indices during US market hours. Scheduled tournaments usually end at the closing bell, and open positions are scored at the official closing price.
See stock eventsCrypto trading competitions
Crypto never sleeps. These events run 24/7 — including nights and weekends — so you can compete whenever it suits your schedule, on major pairs at live market prices.
See crypto eventsFree Perps tournaments
Perp Royale runs nightly from 8–11 p.m. ET. Enter totally free and compete for automatically rotating high-value prizes awarded to the top five finishers.
Enter Perps freeHow to enter a trading competition
1. Create your account
Create a WTL account with Google or email for free Stocks and Perps tournaments. No deposit or MetaMask wallet is required for free entry. Wallet-linked sign-in is also available.
2. Pick a tournament
Browse the lobby or Tournament Calendar. Check the date, start and closing times, late-registration deadline, entry terms and prizes before choosing a tournament.
3. Register for your seat
Register free for ordinary Stocks or Perps tournaments. For paid Crypto tournaments, check the displayed USDT entry terms and fund your league account before registering. Free tournaments do not require a deposit.
4. Trade when the bell rings
When the tournament starts your seat unlocks with the same starting balance as everyone else. Trade the live markets until the clock runs out — the leaderboard updates in real time.
How trading competitions work: scoring
Your score is your percentage return
Rankings are based on return on your starting balance, not absolute dollars. A 5% gain beats a 4% gain whether the balance is $10,000 or $100,000 — everyone starts equal.
Open positions close at the bell
When time expires, any position still open is scored at the official closing price — for stocks, the closing-bell price; for crypto, the last price in the final minute. Late scoring can never change an outcome.
Qualification rules
Some events require a minimum number of trades or a minimum amount of your balance put to work. Miss the requirement and you're disqualified from prizes — the rules are shown on every tournament card before you enter.
Upcoming tournament calendar
Live now and starting soon — click any tournament to open its room.
Perp Royale After Hours Tournament — 2026-11-14
STOCKS · ends 11:00 PM ET · 3 hrs · 24/1000 players
Asia-Pacific Crypto Showdown
CRYPTO · ends 3:00 AM ET · 4 hrs · 29/1000 players
APAC Trading Blitz
CRYPTO · ends 1:30 AM ET · 90 min · 28/1000 players
Asia-Pacific Daily Battle
CRYPTO · starts Nov 15, 8:30 AM UTC · ends 4:30 AM ET · 60 min · 4/1000 players
$10 entry
USDT prize pool
Crypto After Dark
CRYPTO · starts Nov 16, 12:00 AM UTC · ends 8:30 PM ET · 90 min · 0/1000 players
$10 entry
USDT prize pool
Perp Royale After Hours Tournament — 2026-11-15
STOCKS · starts Nov 16, 1:00 AM UTC · ends 11:00 PM ET · 3 hrs · 7/1000 players
Free entry
Top 5 rotating noncash prizes
Asia-Pacific Crypto Showdown
CRYPTO · starts Nov 16, 4:00 AM UTC · ends 3:00 AM ET · 4 hrs · 0/1000 players
$10 entry
USDT prize pool
APAC Trading Blitz
CRYPTO · starts Nov 16, 5:00 AM UTC · ends 1:30 AM ET · 90 min · 0/1000 players
$10 entry
USDT prize pool
Asia-Pacific Daily Battle
CRYPTO · starts Nov 16, 8:30 AM UTC · ends 4:30 AM ET · 60 min · 0/1000 players
$10 entry
USDT prize pool
Daily Free Stocks Challenge Tournament
STOCKS · starts Nov 16, 1:30 PM UTC · ends 3:00 PM ET · 6.5 hrs · 0/1000 players
Free entry
Top 5 rotating noncash prizes
Opening Bell Mania
STOCKS · starts Nov 16, 1:30 PM UTC · ends 10:00 AM ET · 90 min · 0/1000 players
Free entry
Top 5 rotating noncash prizes
Two-Hour Martini Lunch
STOCKS · starts Nov 16, 3:30 PM UTC · ends 12:30 PM ET · 2 hrs · 0/1000 players
Free entry
Top 5 rotating noncash prizes
Power Hour Free Stocks Madness
STOCKS · starts Nov 16, 7:00 PM UTC · ends 3:00 PM ET · 60 min · 0/1000 players
Free entry
Top 5 rotating noncash prizes
Crypto After Dark
CRYPTO · starts Nov 17, 12:00 AM UTC · ends 8:30 PM ET · 90 min · 0/1000 players
$10 entry
USDT prize pool
Perp Royale After Hours Tournament — 2026-11-16
STOCKS · starts Nov 17, 1:00 AM UTC · ends 11:00 PM ET · 3 hrs · 0/1000 players
Free entry
Top 5 rotating noncash prizes
The rules, in plain English
Same starting balance for everyone
Every entrant receives an identical starting balance and trades the same live markets, so results measure skill, not capital.
Real order types, real fills
Market, limit, stop and bracket orders all work, and shorting is allowed — fills happen at live market prices, never simulated ones.
Anti-cheat built in
Every order, fill and score is calculated on our servers, not in your browser. Duplicate fills and impossible trades are rejected automatically.
One account, one seat
Each player may enter a tournament once. Multi-accounting and collusion are detected and lead to disqualification and forfeiture of prizes.
Full details are on the Rules page and the FAQ.
Fair play, guaranteed by design
Balances, orders and scoring live on our servers — a player's browser only shows the results. Every fill is verified, every position is auditable, and the final rank is calculated from the closing-bell price so late scoring can never change the outcome. It's the same standard the big prop-firm competitions use, applied to an educational prize pool that pays real USDT to the top finishers.
New to competitions?
Read our step-by-step guide: what a trading competition is, how one works, and the habits that separate winners from the pack.
How to win a trading competitionWant to enter free?
Join Perp Royale nightly for free, with live market prices and rotating prizes for the top five finishers.
Enter Perps freeReady to enter?
Browse the tournament lobby for live, registering and scheduled events across stocks, crypto and Perps formats.
Browse tournaments