Think Capital

Think Capital Dual Step targets 8% Phase 1 / 5% Phase 2 with 4% daily DD and 7% static max DD in challenge (8% in funded). 3 min trading days. Two variants: Intraday (news/weekend restricted) and Swing (news/weekend allowed). Max allocation $600K scalable to $1M. Payouts: Crypto and Rise only. Platforms: ThinkTrader and MT5. Promo code: STATS (25% off) or BACK20 (20% off).

Think Capital's Dual Step uses 7% static max drawdown in the challenge phase (8% in funded) and 4% daily drawdown (equity-based for Intraday variant, starting balance for Swing variant). Phase 1 target is 8%, Phase 2 is 5%. 3 minimum trading days required. Two variants: Intraday (news/weekend restricted) and Swing (news/weekend allowed). Max allocation $600K initial, scalable to $1M. Payouts via Crypto and Rise only (no bank transfer). Platforms: ThinkTrader (with TradingView integration) and MT5. Promo code: STATS (25% off).

Think Capital has established a growing reputation with a competitive challenge structure and strong profit split progression. The Lightning Challenge has been particularly well-received for its trailing drawdown that quickly locks at breakeven — providing psychological confidence for traders who build early momentum. Community reviews are positive (4.3+ stars) and payout processing is smooth and timely. The 25% STATS discount via the referral link makes Think Capital one of the most cost-effective trailing drawdown challenges available. One area to monitor: Think Capital's maximum account size of $200K is lower than market leaders like Alpha Trader Firm ($4M) and FundingPips ($2M), limiting scaling potential for top performers.