Tradesera competition formats: MNQ Scale Cup vs NQ Showdown

Competition formats: MNQ Scale Cup vs NQ Showdown

Competition formats: MNQ Scale Cup vs NQ Showdown

Overview

Tradesera currently offers two simulated futures competition formats:

  1. MNQ Scale Cup
  2. NQ Showdown

All trading is simulated. No live trades are executed, no customer funds are placed into financial markets, and no competition creates a live funded trading account.

MNQ Scale Cup

Purpose

MNQ Scale Cup is a gradual scaling competition designed to reward consistency and controlled growth.

Traders begin with reduced size and earn additional exposure through performance.

The competition uses:

  • Static drawdown.
  • No daily loss limit.
  • No trailing drawdown.
  • No consistency rule.
  • Optional Profit Lock.
  • Pool-backed payouts.

Account configuration

Starting simulated balance:

  • $50,000.

Starting size:

  • 3 MNQ contracts.

Maximum size:

  • 10 MNQ contracts.
  • Or 1 NQ contract.

Only one exposure mode may be active at a time.

Allowed:

  • 10 MNQ mode.
  • 1 NQ mode.

Not allowed:

  • 10 MNQ plus 1 NQ at the same time.

Account limits

Maximum accounts per trader:

  • 2 MNQ Scale Cup accounts.

Copy trading:

  • Allowed between eligible accounts owned by the same trader.
  • Accounts remain independently reviewed.

Size unlock system

Unlocks are based on cumulative reviewed end-of-day realized profit.

Starting size:

  • 3 MNQ.

Unlock schedule:

Reviewed realized profitMax size
Start3 MNQ
$400+4 MNQ
$500+5 MNQ
$600+6 MNQ
$700+7 MNQ
$800+8 MNQ
$900+9 MNQ
$1,000+10 MNQ or 1 NQ

Rules:

  • Open P&L does not unlock size.
  • Intraday gains do not unlock size.
  • Unlocks occur after reviewed end-of-day realized profit.
  • Normal losing days do not remove unlocked size.
  • Unlocked size remains available unless drawdown is breached or the account becomes ineligible.

Exposure mode switching

At full unlock, a trader may choose:

  • 10 MNQ mode.
  • 1 NQ mode.

Requirements:

  • Account must be flat.
  • No open positions.
  • No open orders.

Switching occurs through Rithmic product limits.

Once switched, the selected mode remains active for the rest of the trading day.

Drawdown

Type:

  • Static drawdown.

Starting drawdown:

  • $750.

Scaling:

  • +$250 per unlocked MNQ.

Maximum drawdown:

  • $2,500.

Examples:

SizeDrawdown
3 MNQ$750
4 MNQ$1,000
5 MNQ$1,250
6 MNQ$1,500
7 MNQ$1,750
8 MNQ$2,000
9 MNQ$2,250
10 MNQ / 1 NQ$2,500

MNQ Scale Cup has no trailing drawdown, no daily loss limit, and no consistency rule.

Trading hours

Positions may not be held through the daily maintenance break.

Required:

  • Flat before 5:00 PM ET.

Market reopens:

  • 6:00 PM ET.

Profit Lock

Profit Lock is an early profit protection and payout review mechanism.

Eligibility:

  • Positive account P&L.
  • 3 qualifying profitable days.

Qualifying day:

  • More than $100 realized net profit.

Process:

  1. Trader submits Profit Lock request.
  2. Account enters review.
  3. If approved, the account is locked, trading stops, and the approved amount becomes pending final settlement.

Profit Lock is:

  • Not an instant payout.
  • Not a partial withdrawal.
  • Not continued trading on the same account.

Final settlement still applies.

Payout pool structure

Eligible entry revenue:

  • 100%.

Operations reserve:

  • 20%.

Competition Payout Pool:

  • 80%.

Pool allocation:

  • 90% trader payout side.
  • 10% Tradesera pool share.

Example:

StepMathAmount
Eligible entry revenue100 accounts x $150$15,000
Operations reserve$15,000 x 20%$3,000
Competition Payout Pool$15,000 - $3,000$12,000
Trader payout side$12,000 x 90%$10,800
Tradesera pool share$12,000 x 10%$1,200

Expected payout formula

Expected payout:

approved simulated profit x 90% = expected payout

Examples:

Approved profitMathExpected payout
$500$500 x 90%$450
$1,000$1,000 x 90%$900
$2,500$2,500 x 90%$2,250

Pool protection

The system monitors projected payout exposure.

Formula:

approved expected payouts + live positive expected payouts = projected payout exposure

When exposure reaches the protection threshold, the competition may enter closing mode.

Closing mode

Closing mode may include:

  • New entries disabled.
  • New size unlocks disabled.
  • New Profit Lock requests disabled.
  • Orders cancelled.
  • Positions flattened.
  • Trading disabled.
  • Final snapshots frozen.
  • Settlement begins.

Purpose:

Closing mode helps prevent payout obligations from exceeding pool capacity.

Settlement

If the pool exceeds expected payouts, the remaining pool is distributed among approved winners based on performance share.

If expected payouts exceed the pool, all approved payouts are proportionally adjusted.

Formula:

available pool / expected payout total = pool coverage

Example:

If pool coverage is 96%, all approved payouts are multiplied by 96%.

No qualified winners

If no trader qualifies, no payouts occur.

The remaining trader payout pool rolls into the next scheduled MNQ Scale Cup.

NQ Showdown

Purpose

NQ Showdown is a weekly competition designed for traders who want a shorter, direct competition format.

Unlike MNQ Scale Cup, NQ Showdown has:

  • No Profit Lock.
  • No scaling.
  • Weekly settlement.
  • Dynamic performance pool.

Account configuration

Starting balance:

  • $50,000.

Maximum exposure:

  • 1 NQ equivalent.

Modes:

  • 1 NQ.
  • 10 MNQ.

Only one mode may be active at a time.

Default mode:

  • 1 NQ.

Account limits

Maximum:

  • 1 account per trader.

MNQ and NQ rankings are completely separate.

Competition schedule

Weekly cycle:

  • Starts Sunday at 6:00 PM ET.
  • Ends Friday at 4:00 PM ET.

Settlement begins after competition close.

Tradesera may delay, cancel, or reschedule a window if participation requirements are not met.

Drawdown

Static drawdown:

  • $2,000.

Minimum balance:

  • $48,000.

NQ Showdown has no trailing drawdown, no daily loss limit, and no consistency rule.

Profit Lock

Profit Lock is not available for NQ Showdown.

All payout review occurs after competition close.

Winner pool structure

Eligible entry revenue:

  • 100%.

Operations reserve:

  • 20%.

Competition pool:

  • 80%.

Winner allocation:

  • 90% winner pool.
  • 10% Tradesera share.

Example:

StepMathAmount
Eligible entry revenue20 entries x $200$4,000
Operations reserve$4,000 x 20%$800
Competition pool$4,000 - $800$3,200
Winner pool$3,200 x 90%$2,880
Tradesera share$3,200 x 10%$320

Qualification requirements

To qualify, a trader must:

  • Finish inside the top 20%.
  • Have at least $500 net profit.
  • Avoid drawdown breach.
  • Remain in good standing.
  • Pass settlement review.

Top 20% is rounded up.

Example:

Paid entriesMathMaximum paid group
1919 x 20% = 3.8, rounded up4 traders

Winner calculation

Performance share:

trader net profit / total qualifying net profit = performance share

Payout:

performance share x winner pool = estimated payout

Example:

Winner pool:

  • $2,880.

Qualifying profits:

TraderNet profit
Trader A$3,000
Trader B$1,500
Trader C$1,000
Trader D$500
Total$6,000

Trader A:

$3,000 / $6,000 = 50%

50% x $2,880 = $1,440

Partial qualification

Top 20% defines the maximum paid group.

Not all spots must be filled.

Example:

  • 20 entries.
  • Maximum paid group: 4.
  • Only 2 traders qualify.

Those 2 traders split the winner pool by performance share.

No qualified winners

If no trader qualifies, no payouts occur.

The remaining winner pool may roll into the next NQ Showdown according to product rules.

Key differences

FeatureMNQ Scale CupNQ Showdown
DurationOngoingWeekly
Starting size3 MNQ1 NQ equivalent
ScalingYesNo
Profit LockYesNo
DrawdownSize-adjusted static drawdownFixed $2,000 static drawdown
QualificationProfit Lock eligibility + final settlementTop 20% + $500 minimum
Payout modelPool-backed expected payout with settlement adjustmentsDynamic performance pool
Account limit21
Copy tradingAllowed between own eligible accountsAllowed only with compatible exposure mode
SettlementProfit Lock + final settlementWeekly settlement
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