The Seven Competition Formats Explained
A guide to the seven TX3 competition formats and exactly how you are scored and ranked in each one.
A TX3 competition can run in one of seven formats. Each ranks traders on a different measure, so the format decides what winning actually rewards. The table below summarises them, and each is explained underneath.
Format | How you are ranked |
Return % | Funding-adjusted realised return on your starting capital |
Most profit | Total money made, in your account currency |
Most lots | Total lots you trade |
Most notional | Notional value you trade |
Best trade % | Your single best closed trade, as a percentage of its own notional |
Most pips | Net pips you capture |
One trade challenge | The return percentage of your first closed trade |
Return % (funding-adjusted return)
Your score is your realised profit and loss in the window, divided by your starting capital, times 100. Starting capital is your account’s equity or balance at the moment you entered, whichever is higher, plus any deposits you make during the competition. Because adding money raises the denominator, you cannot improve your percentage by depositing, and withdrawals do not lower it. Accounts below a minimum starting capital (1,000 by default) show N/A instead of a number and rank below every scored entry. This is the default and fairest head-to-head format.
Most profit
Your score is your realised profit and loss in the window, in your account currency. There is no percentage and no baseline, so larger accounts tend to have an advantage unless the organiser sets a balance band.
Most lots
Your score is the total lots across your closed trades in the window. Direction and profitability are irrelevant; only how much you trade matters.
Most notional
Your score is the sum of lots times contract size times price across your closed trades. This is the fair way to run a volume contest when traders use instruments of very different sizes, so 1 lot of gold and 1 lot of EURUSD are not treated as equal.
Best trade %
Your score is your single best closed trade, measured as its profit and loss divided by its own notional, times 100. Account size is irrelevant, so a small account can beat a large one. Only your one best trade counts.
Most pips
Your score is the net signed pips across your closed trades. Pip size comes from the server’s symbol settings, with sensible values: 0.0001 for standard FX pairs, 0.01 for JPY pairs, 0.1 for gold, and whole points for crypto. Losses subtract, so you cannot farm pips by opening and closing at random.
One trade challenge
Your score is the return percentage of the first trade you close after entering. Everything after it is ignored. If you have not yet closed a trade, you rank below everyone who has. Once your qualifying trade closes, your entry is final: your account is no longer polled but stays on the leaderboard and can still win, and it cannot enter another competition until this one ends. It rewards a single, well-chosen decision.
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