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Dual Step Challenge

Basic Information about Dual Step Program

 

Dual Step Challenge

  • Format

    Two-phase evaluation model.



    Available Models

    1) Dual Step Swing

    Drawdown Limits

    • Daily Drawdown: 4%, Based on the initial/starting account balance.

    • Overall Maximum Drawdown: 8%, fixed to the initial account balance

    Profit Targets

    • Phase 1: 8%

    • Phase 2: 5%

    Trading Conditions

    • EAs: Allowed by default on MT5 (TT does not support EAs)

    • News Trading: Allowed by default

    • Weekend Trading: Allowed.

    • Weekend Holding: Allowed.

    • Leverage: 1:100 (Dynamic).



    2) Dual Step Intraday

    Drawdown Limits

    • Daily Drawdown: 4%, Based on the initial/starting account equity.

    • Overall Maximum Drawdown: 8%, fixed to the initial account balance

    Profit Targets

    • Phase 1: 8%

    • Phase 2: 5%

    Trading Conditions

    • EAs: Allowed by default on MT5 (TT does not support EAs)

    • News Trading: Not allowed

    • Weekend Trading: Not allowed

    • Weekend Holding: Not allowed

    • Leverage: 1:100 (Dynamic).


    Add-On Options (Applicable to Both Models)

    • 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.

DISCLAIMER: All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. ThinkCapital only provides services of simulated trading and educational tools for traders. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. ThinkCapital does not act as a broker and does not accept any deposits. The offered technical solution and data feed is powered by liquidity providers. ThinkCapital offers only demo accounts to all users registered for the Free Trial or any ThinkCapital Challenge products. ThinkCapital does not offer brokerage services, trading services, or custody of investor funds. ThinkCapital reserves the sole right and discretion not to provide services to residents of certain jurisdictions, including but are not limited to Vietnam, Russia, Ukraine, Zambia, Yemen, Western Sahara, West Bank, Vatican City State, Syria, Sudan, Somalia, Samoa, Republic of the Congo, North Korea, Midway Islands, Mali, Guinea, Haiti, Libya, Lebanon, Kosovo, Iran, Iraq, Venezuela,   Cyprus, Cuba, Central African Republic, Burundi, Burma (Myanmar), British Columbia, Australia, Albania and Afghanistan.