SageMaster puts $25,000 behind simulated forex competition for new traders
The Dubai-based platform's WES League gives 400-plus participants 45 days to trade on demo accounts, with the top five competing in a live final round.
SageMaster's WES League competition scores participants on discipline and risk management over 45 days of simulated forex trading.
SageMaster has opened a simulated forex trading competition with $25,000 in combined prize money, targeting people learning to trade through its AI-assisted education platform.
WES League, which begins in the first week of May 2026, will run for 45 days. Participants trade using demo accounts and are scored on consistency, discipline, and risk management rather than returns alone. Over 400 people have registered since signups opened last month, and the competition is free to enter globally.
The structure is designed to narrow the field progressively. The top 30 performers share up to $20,000 in cash prizes. The top five advance to a final round of live trading sessions over five days, competing for a $5,000 grand prize.
Scoring goes beyond profit and loss
Participants must complete a minimum of ten trades and maintain an active record throughout the 45 days to qualify. The evaluation criteria weight how traders apply structured decision-making, not just whether they finish in profit.
"WES League is about giving people a space to actually put what they're learning into practice. It's one thing to understand how markets work, but it's another to make decisions in real time, reflect on them, and improve. That's where growth really happens," says Ehsaan Islam, Chief Technology Officer of SageMaster.
WES League is part of SageMaster's broader education-focused offering, which uses AI tools to help users build and test trading strategies in simulated environments before approaching live markets.
The competition is scheduled to conclude on June 13, 2026. Simulated trading competitions are increasingly common as onramps into financial literacy, but the conversion rate from contest participation to genuine skill development remains an open question across the sector.
