Think Capital Challenge Rules & Requirements

Think Capital offers Lightning (1-Step), Dual Step Intraday, Dual Step Swing, Nexus (3-Step) evaluation models. Each challenge has specific profit targets, drawdown limits, and trading day requirements that must be followed precisely to pass the evaluation and receive a funded account.

The most critical rules to understand before starting are the maximum drawdown limit (6% trailing / 7% challenge + 8% funded / 8% fixed) and the daily drawdown limit (3% / 4% / 4%). Breaching either of these limits immediately terminates your evaluation.

Maximum Drawdown: 6% trailing / 7% challenge + 8% funded / 8% fixed — This is the total loss allowed from your initial balance. This is a trailing drawdown, meaning it adjusts upward as your balance grows.

Daily Drawdown: 3% / 4% / 4% — The maximum single-day loss allowed. This resets at the start of each new trading day (usually midnight server time).

Both drawdown limits are calculated based on equity (open positions + closed P&L), so open trades count toward your drawdown usage in real-time.

The profit target at Think Capital is 10% / 9% + 5% / 7% + 6% + 5% for the standard evaluation.

Tips for hitting the target: Focus on consistent, disciplined trading. Risk no more than 0.5%–1% per trade. Target 3–5 quality setups per week. Don't rush — many failed challenges result from overtrading to hit the target faster.

Key trading restrictions to be aware of at Think Capital:

• Trading Days: Most evaluations require a minimum number of active trading days (typically 3–5 days)
• News Trading: Some account types may restrict trading within 2 minutes of high-impact news events
• Weekend/Overnight Holding: Check whether positions can be held over weekends
• EAs/Automation: Check the firm's current automation policy
• Instruments: Available instruments include Forex, Indices, Commodities, Crypto