What is the ThinkCapital Dual Step Challenge?

ThinkCapital's Dual Step Challenge is a two-phase evaluation with two models, Swing and Intraday. Both models set a daily loss limit of 4% of the initial balance. The maximum drawdown is 7% during the challenge and 8% once funded. The profit target is 9% in Phase 1 and 5% in Phase 2. Swing allows news and weekend trading, while Intraday does not.

Dual Step Swing

Daily drawdown: 4% of the initial balance, measured from the day's closing balance at the 5 PM ET reset.

Maximum drawdown: 7% of the initial balance during the challenge; 8% of the initial balance once funded.

Profit targets: Phase 1 = 9%; Phase 2 = 5%.

Trading conditions: News trading allowed. Weekend trading and weekend holding allowed. Leverage up to 1:100 (dynamic).

Dual Step Intraday

Daily drawdown: 4% of the initial balance, measured from the day's closing equity at the 5 PM ET reset, so floating profit or loss at the reset counts.

Maximum drawdown: 7% of the initial balance during the challenge; 8% of the initial balance once funded.

Profit targets: Phase 1 = 9%; Phase 2 = 5%.

Trading conditions: News trading not allowed. Weekend holding not allowed: any position still open at Friday 21:00 UTC is closed automatically, and the account continues. Leverage up to 1:100 (dynamic).

Add-ons (both models)

Weekly Payouts: shortens the payout cycle from 14 days to 7. 90% Profit Split: increases your profit share to 90%.

All evaluation phases and ThinkCapital funded accounts use a simulated data feed that replicates real market conditions.

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