ThinkCapital Prop Firm Review 2025

ThinkCapital is a rising prop trading firm known for its high-profit splits, transparent trading conditions, and flexible evaluation models. With 1-Step and 2-Step challenges and 3-step challenge, fast scaling plans, and access to funding up to $400,000, ThinkCapital is quickly becoming a favourite among forex and CFD traders.

The firm provides trader-friendly conditions like low drawdown rules, no minimum trading days, bi-weekly payouts, and trading leverage up to 1:100, giving traders the freedom to perform at their best.

But is ThinkCapital the right prop firm for your trading journey in 2025?

ThinkCapital - Prop Firm Overview

ThinkCapital Prop Firm Pros & Cons (Quick Comparison)

ThinkCapital is a relatively new but rapidly growing proptrading firm that offers one of the most attractive evaluation models in the industry. With a single-phase challenge, generous profit splits, and no time limits, it is designed for both beginner and experienced traders looking for flexibility, speed, and scalability. However, there are a few considerations and limitations you should be aware of before signing up.

ThinkCapital Challenge Types, Fees, Profit Split and More

With up to 90% profit split, flexible trading conditions, and ultra-fast funding, ThinkCapital prop firm delivers one of the most efficient funded trader programs on the market. Traders enjoy low-cost challenges, scalable accounts, and access to MT5 and TradeLocker, ensuring smooth performance and advanced charting.

ThinkCapital offers three types of evaluation models designed for different trader profiles:

• One-Step Lightning Challenge
• Two-Step Dual-Step Challenge 
• Three-step Nexus Challenge.

ThinkCapital Challenge Comparison Table

Each of these Evaluation model is designed to match different skill levels and trading styles. Whether you are looking for quick one-step path, or a traditional two-phase challenge, ThinkCapital offers flexible solutions with competitive pricing and a clear payout structure. Let’s breakdown each challenge in detail:

ThinkCapital Lightning Challenge (1-Step Evaluation)

The Lightning Challenge caters to the traders since it is set as a one phase challenge. The traders need to work towards a specific profit target while observing a maximum drawdown of 6%. There is also a daily loss limit of 3%. The traders can take time as there is no limit to it and there are at least 3 active trading days required.

ThinkCapital Lightning Challenge Breakdown:

Why Pick the ThinkCapital One-Step Lightning Challenge?

• No pressure to rush: Trade at your own pace, with no deadlines or time limits.
• Keep up to 90% of your profits: A solid reward for your performance.
• Simple and clean: Great for traders who want a direct evaluation.
• Perfect for confident traders: If you trust your strategy, this is your fast track to funding.

ThinkCapital Dual-Step Challenge (2-Step Evaluation)

The Two-Step Dual Challenge by ThinkCapital offers a structured evaluation over two phases. Traders must achieve an 8% profit target in Phase 1 and an 8% profit target in Phase 2, with a 5% profit target and Max loss limit of 8% and a daily loss limit of 4%.

ThinkCapital Dual-Step Challenge Breakdown:

Why Go for the ThinkCapital Dual-Step Challenge?

• Step-by-step growth: The two-phase model gives traders time to prove their consistency without pressure.
• Balanced setup: Not too fast, not too slow. Just the right evaluation model for traders who like structure.
• Build confidence as you go: pass Phase 1, then carry that momentum into Phase 2.
• Ideal for steady traders: Great if you are focused on long-term success, not just quick wins.
• Clear rules, clear goals: Everything’s laid out so you know exactly what’s expected at each stage.

ThinkCapital Nexus Challenge (3-Step Evaluation)

The Nexus Challenge is a comprehensive three-phase evaluation for traders aiming for long-term growth. With profit targets of 

• Phase 1: 7%
• Phase 2 : 6%
• Phase 3: 5% 
   

across the phases and a total drawdown limit of 6% with a daily loss limit of 4%, this prop trading challenge is designed to test trading consistency and discipline.​

ThinkCapital Nexus Challenge Breakdown:

Why Choose the Nexus Challenge?

Comprehensive Evaluation: Three phases to thoroughly assess trading skills.
High Profit Splits: Up to 90% with add-ons.
Ideal for experienced traders aiming for significant capital allocation.​

Why Choose the Nexus Challenge?

• Three phases, real test: This one is built to truly check your skills, not just luck on a good week.
• For seasoned traders : If you have  been in the game a while and want to prove you have got what it takes, Nexus is for you.
• Big rewards on the table: With add-ons, you can unlock profit splits up to 90%.
• Slow and strategic wins: This is not a race. It is for traders who play the long game and want serious capital to back them.
• More phases = more confidence: By the time you are funded, you will  know you earned it fair and square.

Which ThinkCapital Challenge Should You Choose?

Our Review of ThinkCapital Challenges

ThinkCapital keeps it real for traders. Whether you are just starting out or have been in the game for a while, there is something that fits your trading style.

The Lightning Challenge is for those who want to jump right in no deadlines, just prove your skills and go. The Dual-Step is a bit more structured, giving you a chance to show consistency across two phases. Then there is the Nexus Challenge, which takes things a step further with three stages great for more experienced traders who want to prove they have got what it takes to handle serious capital.

Prices start from just $39, and the rules? Straightforward. 

If you are looking for a fair shot at getting funded, ThinkCapital is built for you.

ThinkCapital Scaling Plan 

If you are trading with ThinkCapital and doing consistently well, there is a reward system built right in. It is called the scaling plan. And yes it is  exactly what it sounds like. Your account grows with your performance.

Here’s how it works:

• You need to be profitable: To qualify, you must earn at least 10% profit over three months. That’s about 3.33% each month. Not a crazy ask if you are trading smart.
• Account gets bigger: Once you meet the target, your account balance gets a 20% boost based on your original account size, not the scaled amount. So if you start with $100,000, the first scale-up gives you $120,000.
• It is  reviewed every 3 months: ThinkCapital checks your account once every quarter. To stay eligible, you also need to make three withdrawals during that period. It os  a way to show you are not just growing on paper you are actually taking profits.

Here is a quick example:

• Start with $100,000
• After your first scaling? You are at $120,000
• Keep performing? Next bump takes you to $140,000
• Nail it again? You will climb to $160,000

This plan is made for steady, serious traders. No rushing, no crazy risk just consistent results and real rewards.

Our Take on ThinkCapital’s Scaling Plan

ThinkCapital’s Scaling Plan rewards consistent traders the right way no mess, just solid growth. If you are someone who plays the long game, this setup feels fair and motivating.

The best part? You don’t have to flip accounts overnight. Just show steady gains around 3.33% per month and ThinkCapital bumps up your account by 20% every three months. That’s real progress without unnecessary pressure.

Spreads & Commissions at ThinkCapital

At ThinkCapital, your trading costs depend on the platform you choose. Here is how it works:

MT5 Platform: Raw Spreads and Small Commission

If you are using MT5, you get raw (very tight) spreads, but there is a small commission added on some trades:

• Forex (FX): $4 per lot
• Gold & Silver: $4 per lot
• Indices, Oil, Crypto: No commission

So basically, you only pay a fee when trading FX or metals like gold and silver.

ThinkTrader Platform: No Commission at All

Prefer a simpler pricing model? The ThinkTrader platform charges zero commissions on all trades. You will  get standard spreads (a bit wider than raw spreads), but no extra fees per lot. It is ideal for trader who want to keep things clear and upfront.

ThinkCapital Drawdown Rules

At ThinkCapital, each evaluation model has its own way of managing risk, mainly through daily and maximum drawdown rules. Here is a breakdown so traders can know what to expect.

Lightning Challenge

• Daily Drawdown: Fixed at 3% of your starting balance for the day. It resets every day at 5 PM EST.
• Max Drawdown: Capped at 6% of your highest account balance. Once hit, your drawdown limit locks to your starting balance. This includes all trades open or closed and any fees.

Dual Step Challenge

• Daily Drawdown: Set at 4% of your daily starting balance. Same reset time 5 PM EST.
• Max Drawdown: You can’t let your balance fall below 92% of the original account value. So, for a $100,000 account, that’s $92,000 minimum. Includes both active and closed trades, plus fees.

Nexus Challenge

• Daily Drawdown: Based on your account balance at the start of each day. Limits refresh daily at 5 PM EST.
• Max Drawdown: Same as Dual Step don’t go below 92% of your original balance. Includes everything open trades, closed trades, commissions, and swaps.

These Drawdown rules are built to protect both traders and the capital. Stick this rules, and you are already one step closer to being a consistent trader.

Allowed & Prohibited Trading Strategies at ThinkCapital

At ThinkCapital, it is not just about making profits it is about how you make them. Trading here means playing fair, using smart strategies, and sticking to rules that make sense in real market conditions.

To keep things fair for everyone, there are clear dos and don’ts. Some trading strategies are totally fine, others are off-limits because they don’t reflect how real trading works. Let’s keep it simple and break it down for you.

Allowed Strategies at ThinkCapital 

• Manual Trading Based on Your Own Ideas
  Every trade should come from your own thinking and analysis. ThinkCapital encourages traders to make independent decisions rather than follow external signals or copy others.
• Holding Trades Around the Clock
  Traders are  free to hold positions overnight and even over the weekend just make sure it aligns with the risk rules of your challenge.
• Swing, Scalping, or Trend Trading
  As long as you are not breaking any core rules like news trading restrictions or using automation, these styles are welcome.
• Risk-Managed Trading
  ThinkCapital rewards traders who approach the markets with logic, risk control, and steady decision-making just like they would in live conditions.

Prohibited Strategies & Behaviors at ThinkCapital

Here is what’s strictly not allowed at ThinkCapital:

News Trading (Unless You Have the Add-On)

No trades allowed 2 minutes before or after high-impact news events (red folder news from ForexFactory).
Even pending orders, stop losses, or take profits that trigger during this time are a violation.Breaking this rule can get your account shut down and profits voided immediately.

Copy Trading & Challenge Passing Services

Using any services, bots, or people to pass your challenge or mimic trades is strictly forbidden.
All trading decisions must be 100% your own.

Grid, Martingale, and Gambling Strategies

Doubling down after losses, placing opposite orders, or reckless punting-style trading isn’t tolerated.
These strategies may appear clever, but they are considered risky and unrealistic in live markets.

Latency Arbitrage & Order Layering

Taking advantage of platform delays or slicing trades into small layers to game the system is a big no.These tricks may work in demo environments but are not acceptable under ThinkCapital’s fair-use policy.

Group Hedging or Collusion

Coordinating with others to hedge or manage risk across multiple accounts is not allowed.
Every trader must operate independently.

Account Sharing, Reselling, or Management

Once an account is assigned to you, only you can trade on it.Selling, sharing, or having someone else manage your account breaks the rules and will get you banned.

Use of Expert Advisors (EAs) & High-Frequency Bots

Automated trading systems are not allowed unless specifically permitted.HFT or bot trading that manipulates price movements or order flow is banned.

Trading on Delayed Data or Charts

Using outdated price data to your advantage goes against real-market ethics and is not permitted.

Trading in Sanctioned Countries

Logging in or placing trades from countries under OFAC sanctions is a violation. Always check the restricted list before traveling or logging in from abroad.

Our Review on ThinkCapital Trading Rules

ThinkCapital does not mess around when it comes to fair trading. They have made it clear this platform is for serious traders who play smart.
If you are the kind of trader who respects the rules, manages risk, and trades like it is your own real money, you will feel right at home. But if you are looking for shortcuts or trying to game the system, don’t be surprised if your account disappears before you even realize what went wrong.
The message is simple: trade with skill, not tricks. Keep it clean, follow the rules, and you will have a real shot at success. That is how ThinkCapital does it.

Trading Instruments & Platforms at ThinkCapital

At ThinkCapital, you can trade across all the popular markets

Forex, Commodities, Indices, and Cryptocurrencies using two powerful platforms: MT5 and ThinkTrader.Both platforms give you access to a wide range of trading pairs.

Here’s what each platform offers:

MT5 Platform

• A classic choice for many traders
• Offers fast execution and access to raw spreads
• Great for those who prefer a traditional trading setup

ThinkTrader Platform

• Comes with built-in TradingView charts
• Lets you sync your TradingView profile directly
• You can trade from the ThinkTrader app or trade straight from your TradingView account by linking it with ThinkMarkets

Whether you are a chart-lover or prefer keeping it simple, ThinkCapital has a setup that fits your trading style.

Our Review on Trading Instruments Offered by ThinkCapital

ThinkCapital gives you all the core markets you’d expect Forex, Commodities, Indices, and Crypto under one roof. It is a solid mix for both new and experienced traders. What we like is the flexibility: you can trade on MT5 or go with ThinkTrader, which even lets you plug into TradingView directly.

Whether you are into currency pairs or keeping an eye on gold or Bitcoin, there's enough here to build your own strategy without feeling limited. Simple, practical, and just enough variety to keep things interesting.

Payments & Payouts methods at ThinkCapital

ThinkCapital keeps things simple when it comes to payments and withdrawals.

Payment Options for ThinkCapital Challenges

You can buy trading challenge using:

• Crypto
• Stripe (Credit or Debit Card)

Both options provided are easy to use and secure, so you can get started without any problem.

Payout Methods

Once you are funded and making profits, ThinkCapital offers three ways to get paid:

• Rise
• Cryptocurrency
• ThinkMarkets Live Account

Payouts are usually processed within 3 business days, and after that, the funds should land in your account within 24 to 48 hours.

How Often Traders Get Paid?

By default, payouts happen every two weeks, starting from the day you place your first trade.

Want faster payouts? You can choose the Weekly Payout Add-On when buying your challenge. That way, you will receive profits every week during your funded period.

Our Review on Payments & Payouts at ThinkCapital

We like how ThinkCapital keeps things smooth and stress-free when it comes to payments. Buying a challenge is simple you can pay with crypto or a regular debit/credit card through Stripe.

Getting paid is just as easy. Once you are funded, you can choose from three payout options: Rise, crypto, or a ThinkMarkets live account. Most payouts are processed in about 3 business days, and then hit your account in a day or two.

Bi-weekly payouts come by default, but if you want your profits faster, the weekly payout add-on is a nice touch. Straightforward and trader-friendly just how it should be.

Restricted Countries at ThinkCapital

To follow international laws and keep things secure, ThinkCapital does not allow users from certain countries to join or use their services. This is based on global regulations, including those from OFAC (Office of Foreign Assets Control) and other legal authorities.

Countries Where Services Are Not Available

If you live in or are a citizen of any of these countries, you won’t be able to create a new account or trade with ThinkCapital:

• Afghanistan
• Albania
• Australia
• British Columbia (Canada)
• Burma (Myanmar)
• Burundi
• Central African Republic
• Cuba
• Cyprus
• Guinea
• Haiti
• Iran
• Iraq
• Kosovo
• Lebanon
• Libya
• Mali
• Midway Islands
• North Korea
• Republic of the Congo
• Samoa
• Somalia
• Sudan
• Syria
• Vatican City State
• West Bank
• Western Sahara
• Yemen
• Zambia
• Ukraine
• Russia
• Vietnam (New accounts not allowed, but existing users can still trade just not buy new accounts)

Important Note

These restrictions apply to both residents and citizens of the listed countries. It is a part of ThinkCapital’s commitment to legal compliance and maintaining a safe trading environment for everyone.

Final Thoughts on ThinkCapital

ThinkCapital is built for traders who take their trading seriously. It is not about quick wins or sneaky tricks it is about showing real skill, managing risk, and trading with discipline.

Everything at ThinkCapital from the rules to the payouts to the platform feels straight and fair. If you are the kind of trader who is ready to stay consistent, follow the rules, and put in the effort, this is a place where you can really show what you have got.
Simple, honest, and focused on real trading that is  what ThinkCapital is all about.