Best Brokers With Trading Tournaments In The UK 2025
Trading tournaments are a niche feature. They give traders a chance to test their skills, compare strategies, and maybe win prizes. But not every broker offers them, and the way tournaments work at each provider can vary a lot from our tests.
We’ve rounded up the biggest trading tournaments in the UK.
Top UK Brokers With Trading Tournaments
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The PrimeXBT tournaments are notable for their format: participants trade with virtual funds to win real USDT prizes. Weekly contests can offer prize pools of up to 1,000 USDT, with specific trade count and volume requirements. Transparency is robust; live leaderboards and clear rules under "General Trading Contests T&Cs" ensure clarity.
Instruments Regulator Platforms CFDs, Cryptos, Forex, Indices, Commodities, Futures Own Min. Deposit Min. Trade Leverage $0 0.01 Lots 1:1000 -
While evaluating Pocket Option’s trading tournaments, we found them dynamic and inclusive. Entry was typically free, with prize pools from hundreds to thousands of dollars. The live leaderboard offered real-time updates. Transparent rules ensured fairness, with rankings solely based on profit percentage.
Instruments Regulator Platforms Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos MISA Web, MT4, MT5 Min. Deposit Min. Trade Leverage $50 $1 -
When testing IQCent's trading tournaments, we appreciated the straightforward, automatic entry for live account holders. Participants are included weekly by default. Leaderboards rank by trade count (minimum $10 per trade), ensuring clarity. Prize pools can reach $20,000 weekly for leading traders.
Instruments Regulator Platforms Binary Options, CFDs, Forex, Indices, Commodities, Crypto IFMRRC Online Platform, TradingView Min. Deposit Min. Trade Leverage $250 $0.01 1:500 -
While evaluating VideForex’s tournaments, we found the setup remarkably smooth; all funded live accounts are entered automatically. Competitions operate weekly, from Sunday 21:00 GMT to Friday 21:00 GMT, featuring prize pools near $20,000 with 20 winners per session. Rankings depend solely on trade count (minimum $10 each), and the leaderboard updates in real time.
Instruments Regulator Platforms Binary Options, CFDs, Forex, Indices, Commodities, Crypto TradingView Min. Deposit Min. Trade Leverage $250 $0.01 1:500 -
IronFX's trading tournaments demonstrated significant scale during our tests. Previous events featured prize pools exceeding $1 million, ranking among the most competitive observed. Participation necessitated a funded contest account, with standings determined transparently by profit percentage. It was purely trading performance throughout—no tricks.
Instruments Regulator Platforms Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) CySEC, FCA, FSCA, BMA / Bermuda MT4, AutoChartist, TradingCentral Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) -
We found RaceOption's tournament access remarkably smooth; all funded accounts join every Sunday automatically. Weekly leaderboards rank winners by trade count (minimum $10, non-CFD trades), with a prize pool reaching $20,000 across 40 winners. Transparency held up well, featuring live rankings, clear cut-offs, and straightforward eligibility.
Instruments Regulator Platforms Binary Options, CFDs TradingView Min. Deposit Min. Trade Leverage $200 $0.01 1:500 -
Our detailed review of TMGM’s trading competitions highlights clear entry conditions: deposits around $500 and minimum trading requirements ensure eligibility is straightforward. In previous rounds, prize pools surpassed $500,000, offering weekly awards and several performance tiers. Regularly updated leaderboards and a ban on algorithmic hedging ensure genuine fairness and competitiveness.
Instruments Regulator Platforms CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex ASIC, FMA, VFSC MT4, MT5, TradingView, TradingCentral Min. Deposit Min. Trade Leverage $100 0.01 Lots 1:500
PrimeXBT
Pocket Option
IQCent
Videforex
IronFX
Raceoption
TMGMSafety Comparison
Compare how safe the Best Brokers With Trading Tournaments In The UK 2025 are and what features they offer to protect traders.
| Broker | Trust Rating | FCA Regulated | Negative Balance Protection | Guaranteed Stop Loss | Segregated Accounts |
|---|---|---|---|---|---|
| PrimeXBT | ✘ | ✔ | ✘ | ✔ | |
| Pocket Option | ✘ | ✘ | ✘ | ✘ | |
| IQCent | ✘ | ✘ | ✘ | ✘ | |
| Videforex | ✘ | ✔ | ✔ | ✘ | |
| IronFX | ✔ | ✔ | ✘ | ✔ | |
| Raceoption | ✘ | ✘ | ✘ | ✔ | |
| TMGM | ✘ | ✔ | ✘ | ✔ |
Payments Comparison
Compare which popular payment methods the Best Brokers With Trading Tournaments In The UK 2025 support and whether they have trading accounts denominated in British Pounds (GBP).
| Broker | GBP Account | Debit Card | Credit Card | Neteller | Skrill | Apple Pay |
|---|---|---|---|---|---|---|
| PrimeXBT | ✔ | ✔ | ✔ | ✘ | ✘ | ✘ |
| Pocket Option | ✘ | ✔ | ✔ | ✘ | ✘ | ✘ |
| IQCent | ✘ | ✔ | ✔ | ✘ | ✘ | ✘ |
| Videforex | ✔ | ✘ | ✔ | ✔ | ✔ | ✘ |
| IronFX | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| Raceoption | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
| TMGM | ✔ | ✔ | ✔ | ✔ | ✔ | ✘ |
Mobile Trading Comparison
How good are the Best Brokers With Trading Tournaments In The UK 2025 at mobile trading using apps or other mobile interfaces.
| Broker | Mobile Apps | iOS Rating | Android Rating | Smart Watch App |
|---|---|---|---|---|
| PrimeXBT | iOS & Android | ✘ | ||
| Pocket Option | iOS & Android | ✘ | ||
| IQCent | iOS & Android | ✘ | ||
| Videforex | Android | ✘ | ||
| IronFX | Android, iOS, WebTrader | ✘ | ||
| Raceoption | iOS & Android | ✘ | ||
| TMGM | iOS & Android | ✘ |
Beginners Comparison
Are the Best Brokers With Trading Tournaments In The UK 2025 good for beginner traders, that might want an affordable setup to get started, along with good support and educational resources?
| Broker | Demo Account | Minimum Deposit | Minimum Trade | Support Rating | Education Rating |
|---|---|---|---|---|---|
| PrimeXBT | ✔ | $0 | 0.01 Lots | ||
| Pocket Option | ✔ | $50 | $1 | ||
| IQCent | ✔ | $250 | $0.01 | ||
| Videforex | ✔ | $250 | $0.01 | ||
| IronFX | ✔ | $100 | 0.01 Lots | ||
| Raceoption | ✔ | $200 | $0.01 | ||
| TMGM | ✔ | $100 | 0.01 Lots |
Advanced Trading Comparison
Do the Best Brokers With Trading Tournaments In The UK 2025 offer features that allow for more advanced trading strategies?
| Broker | Automated Trading | Pro Account | Leverage | VPS | AI | Low Latency | Extended Hours |
|---|---|---|---|---|---|---|---|
| PrimeXBT | ✔ | ✘ | 1:1000 | ✘ | ✘ | ✔ | ✘ |
| Pocket Option | ✔ | ✘ | - | ✘ | ✘ | ✘ | ✘ |
| IQCent | ✘ | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| Videforex | ✔ | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| IronFX | Expert Advisors (EAs) on MetaTrader | ✘ | 1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | ✔ | ✘ | ✘ | ✘ |
| Raceoption | - | ✘ | 1:500 | ✘ | ✘ | ✘ | ✘ |
| TMGM | ✔ | ✘ | 1:500 | ✔ | ✘ | ✘ | ✘ |
Detailed Rating Comparison
Use this heatmap to compare our detailed ratings for all of the Best Brokers With Trading Tournaments In The UK 2025.
| Broker | Trust | Platforms | Mobile | Assets | Fees | Accounts | Support | Research | Education |
|---|---|---|---|---|---|---|---|---|---|
| PrimeXBT | |||||||||
| Pocket Option | |||||||||
| IQCent | |||||||||
| Videforex | |||||||||
| IronFX | |||||||||
| Raceoption | |||||||||
| TMGM |
Our Take On PrimeXBT
"PrimeXBT suits aspiring traders interested in crypto derivatives and traditional markets such as forex and indices, all accessible via a user-friendly, web-based platform. The copy trading feature is perfect for passive traders, offering 5-star ratings and performance charts to identify suitable traders."
Pros
- Round-the-clock customer support, accessible through live chat, demonstrated outstanding performance during testing. Additionally, the comprehensive help centre offers ideal self-assistance resources.
- PrimeXBT offers ultra-fast execution speeds, averaging 7.12ms, making it an ideal choice for traders seeking optimal pricing during market volatility.
- The online platform and app cater to traders, offering advanced charts, a customisable interface, and multiple order options like one-cancels-the-other (OCO).
Cons
- PrimeXBT operates widely in the crypto sector but without approval from a recognised regulator, significantly increasing the risk for retail traders.
- The absence of integration with established platforms such as MT4 restricts traders accustomed to the globally popular forex software.
- Despite enhancements, the range of approximately 100 instruments lags significantly behind competitors, such as OKX, which offers over 400 assets.
Our Take On Pocket Option
"Pocket Option stands out with its intuitive web platform, delivering an excellent user experience for short-term binary traders. A $50 minimum deposit makes it accessible for beginners, and account setup is straightforward. However, its market offerings and regulatory credentials lag behind competitors."
Pros
- Over the years, Pocket Option has won several annual awards from DayTrading.com, including the notable 'Best Binary Broker 2025' after enhancing its trading tools.
- The variety of payment options surpasses most competitors, offering traders in numerous countries swift, secure, and convenient deposit processes.
- The MetaTrader platforms provide robust analysis and technical summaries tailored for short-term traders.
Cons
- To gain access to over 250 assets, a deposit of $1000 is required. Without this deposit, traders will only have access to a selection of 130 assets.
- The 4-hour cap on binary contract durations limits long-term trading strategies. Options such as Videforex provide contracts with up to one-month terms, offering greater flexibility for traders.
- The MISA provides limited oversight and inadequate investor protection for retail traders.
Our Take On IQCent
"IQCent attracts traders seeking a simple binary options and CFD platform with minimal fees, multiple accounts, and copy trading. Begin in under a minute with a $250 deposit."
Pros
- IQCent is a rare binary options broker providing a copy trading service for passive traders.
- IQCent has expanded its offerings by adding over 60 new assets. This includes popular cryptocurrencies like TON and SHIB, high-ranking stock CFDs such as TSLA and NVDA, and unique FX pairs like THB and HUF.
- New traders with a modest budget can start trading with a minimal stake of just $0.01.
Cons
- Automated trading support is unavailable for algorithmic traders.
- The broker operates without oversight from a reputable regulator, which is typical for binary options companies.
- The market analysis provides only fundamental details, offering limited technical summaries and insights from analysts.
Our Take On Videforex
"Videforex offers traders a straightforward, user-friendly platform to speculate on popular markets via binaries. The quick registration and web accessibility ensure an effortless start."
Pros
- Videforex is among the select brokers offering round-the-clock multilingual video support, ensuring thorough assistance for active traders.
- Videforex has expanded its offerings, allowing traders to access popular cryptocurrencies like TON, ARB, PEPE, and SHIB, leading tech stocks such as Tesla, Meta, Nvidia, and Amazon, and a more varied FX portfolio including THB, ZAR, and MXN.
- Videforex frequently holds trading contests, providing both novice and seasoned traders with practice opportunities and cash prizes. Traders can participate with position sizes starting as low as 1 cent.
Cons
- Based on recent tests, the client terminal requires enhancements, as its widgets occasionally become slow and unresponsive, which could affect traders' experience.
- Videforex is not licensed by a reputable regulator, leaving traders with minimal or no protection, such as segregated client accounts.
- The lack of educational resources is a significant disadvantage for novice traders. In contrast, leading firms offer blogs, videos, and live trading sessions.
Our Take On IronFX
"IronFX is ideal for seasoned forex traders seeking fixed or floating spreads. Offering over 80 currency options, it surpasses many competitors and provides excellent forex market research tools."
Pros
- IronFX is a well-established firm regulated by respected authorities such as the CySEC, FCA, and FSCA.
- The broker regularly hosts trading competitions with cash rewards and provides welcome bonuses for new clients.
- In addition to MT4, the broker also provides various services such as copy trading, a VPS solution, and PAMM/MAM accounts.
Cons
- Commissions in zero-spread accounts begin at £13.50 per lot, almost twice the industry standard.
- It is unfortunate that the broker lacks advanced software options like MT5 or TradingView, restricting choice for seasoned traders.
- In comparison to top brokers, IronFX provides a limited range of share CFDs.
Our Take On Raceoption
"RaceOption attracts traders with its feature-packed binary options platform, offering frequent contests, account benefits, and copy trading. However, its unregulated nature presents minimal to no investor protections, according to our research."
Pros
- RaceOption is among the select few brokers providing 24/7 multilingual video chat. However, our interactions suggest that their agents require better understanding of trading and regulatory matters.
- RaceOption simplifies account funding with no-fee, near-instant deposits through bank cards and cryptocurrencies. Withdrawals are processed within one hour, guaranteed.
- Returns on well-known assets such as EUR/USD can go up to 95%, outperforming many other options based on our analysis and boosting potential gains. Additionally, the initial three trades incur no risk in Silver and Gold accounts.
Cons
- RaceOption, lacking both a demo account and educational resources, is not ideal for novice traders.
- While still affordable for many retail investors, the $200 minimum deposit raises the entry barrier, especially compared to Deriv and World Forex who are designed for budget traders.
- RaceOption operates as an unregulated broker, offering high-risk trading with no investor compensation or legal remedies if trading or withdrawal problems arise.
Our Take On TMGM
"TMGM excels as a versatile option due to its extensive asset range, varied account types, multiple platforms, and competitive pricing."
Pros
- Caters to new and time-constrained traders by offering copy trading support through HUBx.
- A well-regulated and trustworthy brand with a strong client base.
- Robust platform integration with MetaTrader 4, MetaTrader 5, and IRESS.
Cons
- Shares can be traded exclusively through the IRESS account. They are not accessible via MT4 or MT5 platforms.
- A £30 monthly fee is charged on accounts inactive for six months or with balances under £500.
How Investing.co.uk Chose The Best Brokers For Trading Tournaments
We reviewed a wide range of broker-run trading tournaments, looking closely at entry conditions, prize structures, fairness, and transparency. Our team documented these findings through hands-on checks and user testing, before comparing platforms across key data points.
Finally, we ranked a shortlist of providers by overall ratings to highlight the brokers that deliver the best tournament experience for retail traders in the UK.
What To Look For In A Trading Competition
Types Of Tournaments Offered
Not all tournaments are the same. Some run daily, some weekly, and others just a few times a year. The format can change, too.
- Short-term vs. long-term: Short events test quick decisions. Longer ones allow more planning.
- Free entry vs. paid entry: Some tournaments are free, while others require a buy-in. Free ones are low-risk but often have smaller prizes. Paid ones can offer bigger rewards, but you risk your entry fee.
- Demo account vs. live account: Many brokers run demo-based trading contests, where you trade virtual money but compete for real prizes. Others require live trading with your own funds.
It’s worth checking what mix the broker runs.
InstaForex’s weekly tournament has a $1,500 prize pool
Entry Rules
Every tournament has entry conditions. Some are simple and just require you to sign up. Others may require you to deposit a certain amount or trade a minimum size.
Key questions to ask:
- Do you need a funded account, or can you enter with a demo?
- Is there a minimum deposit?
- Is the contest open to UK traders?
Make sure you can meet the tournament entry conditions without stretching your budget.
Prize Structure
The prize pool is one of the main draws. But it’s important to see how prizes are awarded.
- Cash vs. credits: Some brokers pay out money, while others give account credits or bonuses you can only use for trading.
- Winner-takes-all vs. split prizes: In some tournaments, only the top trader wins. In others, the top 10 or 20 might share rewards.
- Non-cash rewards: Occasionally, brokers give gadgets or event tickets instead of money.
Check if the rewards feel fair for the effort required.
Ranking System
The way brokers rank players can affect strategy.
- Highest profit: Most tournaments reward whoever grows their account the most in our experience. This often prompts traders to take on high-risk trades.
- Consistency-based: Some contests track win rates or stable returns. These tend to reward steady trading.
- Point systems: A few brokers use custom scoring methods, like giving points for each profitable trade.
Knowing the ranking rules helps you decide if a tournament suits your trading style.
Trading Instruments Allowed
Not every market is open in a tournament. One contest might only cover forex pairs. Another could include indices, stocks, or crypto.
If you have a preferred market, make sure it’s available. Otherwise, you may be forced to trade instruments you don’t normally use.
When I first joined a trading tournament, I didn’t realise they only allowed forex pairs – I usually trade indices.It forced me out of my comfort zone, which was tough but also a good reminder to always check the instruments before signing up.
Level Of Competition
The feel of a tournament depends on who else is playing.
- Open to all: Large contests can have thousands of traders. Competition is high, but they often allow beginners to join.
- Tiered or restricted: Some tournaments are limited to smaller groups, like VIP clients or those with specific account sizes. These can feel less crowded but more competitive.
Think about whether you want to test yourself in a big, open event or a smaller, more intense one.
Entry Costs & Risks
Even if a tournament is free, you still risk time and effort. For paid-entry events, you also risk money.
Check:
- The size of the entry fee.
- The ratio of entry cost to possible reward.
- Whether you’re okay with losing the entry if you don’t win.
Don’t assume all tournaments are worth it. Sometimes the prize pool looks good, but the odds of winning are slim.
Platform & Usability
Since tournaments run on the broker’s platform, ease of use matters.
Ask yourself:
- Is the platform stable during high traffic?
- Is it easy to track your ranking in real time?
- Does the broker show leaderboards clearly, or do you need to wait for results?
A smooth platform can make the experience more enjoyable.
I’ve been in contests where the platform froze right as I was placing trades, and it completely ruined my run.Since then, I have always stuck to brokers with smooth, reliable platforms—it makes all the difference in a timed event.
Transparency
Fair play is a big concern. Look for brokers that are clear about their rules.
- Are the contest rules written out in plain terms?
- Does the broker explain how winners are chosen?
- Can you see the rankings update live, or only after it ends?
Avoid brokers that seem vague about their process.
Frequency Of Events
Some brokers only run a few tournaments per year. Others run them almost every week.
If you like frequent chances, choose a broker with regular contests. But if you only want the occasional challenge, one-off significant events might suit you better.
Support & Communication
During a tournament, questions come up. Maybe you’re not sure how points are counted, or you see a problem with your score.
A broker with responsive support can help clear things up quickly. It’s worth checking if they provide live chat or fast email replies during contests.
Community Feel
Some traders enjoy the social side. A few brokers add forums, chat rooms, or social feeds tied to tournaments. This allows players to share strategies or discuss the event.
If you like that aspect, check if the broker provides it. If you prefer to keep to yourself, this might not matter.
Legal & Regional Limits
Always confirm if the tournament is open to UK traders. Some events exclude the UK because of FCA regulatory limits. Others may only allow UK traders to join demo contests, not real-money ones.
Don’t assume you’re eligible until you read the fine print.
Final Thoughts
Trading tournaments in the UK can be fun, competitive, and sometimes rewarding. But they’re not all alike. The key points are entry rules, prize structure, ranking methods, and whether the contests suit your trading style.
Focus on brokers that make their tournaments clear, fair, and accessible. And never join an event that forces you to risk more than you’re comfortable losing.