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Dual Step Challenge
Dual Step Challenge
- FormatTwo-phase evaluation model.
Available Models1) Dual Step SwingDrawdown Limits- Daily Drawdown: 4%, Based on the initial/starting account balance.
- Overall Maximum Drawdown: 7%, fixed to the initial account balance (challenge phase)
- Overall Maximum Drawdown: 8%, fixed to the initial account balance (Funded)
- Phase 1: 9%
- Phase 2: 5%
- News Trading: Allowed by default
- Weekend Trading: Allowed.
- Weekend Holding: Allowed.
- Leverage: 1:100 (Dynamic).
2) Dual Step IntradayDrawdown Limits- Daily Drawdown: 4%, Based on the initial/starting account equity.
- Overall Maximum Drawdown: 7%, fixed to the initial account balance (challenge phase)
- Overall Maximum Drawdown: 8%, fixed to the initial account balance (Funded)
- Phase 1: 9%
- Phase 2: 5%
- News Trading: Not allowed
- Weekend Trading: Not allowed
- Weekend Holding: Not allowed
- Leverage: 1:100 (Dynamic).
- Weekly Payout: Enables weekly payout eligibility
- 90% Profit Split: Increases profit share to 90%
Note: All Phase 1, 2, and 3 evaluations, along with ThinkCapital Funded Accounts, utilize a simulated data feed that replicates real market conditions.
Note: We are currently no longer offering the Additional Drawdown Add-on for selection at checkout, however customers who have already purchased their challenges with this add-on will continue to enjoy it as long as their accounts are active. Information about this add-on will be detailed below.
- Increase Drawdown Add-On: Increases daily drawdown to 5% and overall maximum drawdown to 10%. Adjusts profit targets to 10% in Phase 1 and 5% in Phase 2.
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