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How the Scaling Plan works on Simulated Funded Accounts?
At ThinkCapital, we recognize the importance of rewarding consistent trading performance. Our scaling plans for various challenges—Lightning, Dual Step, and Nexus—are designed to offer traders the chance to boost their demo account’s starting balance. This guide provides detailed instructions on how you can grow your demo account and enhance your simulated payouts.
Important Note
If a trader qualifies for the scaling plan, it is their responsibility to reach out to us via [email protected]. The processing will begin only after the trader emails us to initiate the request.
Funded Allocation Limits and Scaling Plan
Once you reach the Funded Stage, the allocation limit depends on the trading platform:
- ThinkTrader Accounts: The maximum funded allocation increases to $600,000 across all challenge types (Lightning, Dual Step, and Nexus). With our Scaling Plan, traders can scale this allocation up to $1.5 million.
Scaling Overview
Scaling is a method intended to gradually increase a trader’s demo account balance by a certain percentage, based on consistent simulated trading success over time.
Eligibility: To qualify, traders must achieve a profitability of at least 10% over a three-month period, or approximately 3.33% each month.
Scaling Increase: Each scaling event results in a 20% increase of the initial demo account balance.
Review Cycle: Reviews are conducted every three months. During this period, traders are required to make three withdrawals.
Scaling Process
Initial Virtual Starting Balance: The starting balance in the demo account before any scaling events.
Scaling Event: A predefined event where the virtual starting balance is increased by 20% of the original balance.
New Virtual Starting Balance: The updated balance after the scaling event.
For example:
- Initial Balance: $100,000
- After First Scaling Event: $100,000 + (20% of $100,000) = $120,000
- After Second Scaling Event: $120,000 + (20% of $100,000) = $140,000
- After Third Scaling Event: $140,000 + (20% of $100,000) = $160,000
This structured approach to scaling allows traders to progressively increase their virtual account balance, reflecting their consistent performance and simulated trading success.
Important Notes:
Account Splitting is Not Allowed: Once you pass an account during evaluation, you cannot divide it into smaller account sizes.
Merging is Not Allowed: Combining multiple accounts into a single account is not permitted.
Platform Switching is Not Permitted: After an account is passed on a specific platform, it must remain on that platform.
For more details about the maximum overall capital, please refer to this FAQ.
Still need help?
Contact our support team. Email inquiries are accepted 24 hours a day. Replies are sent during business hours.