Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

FundedCobra FundedCobra
ThinkCapital ThinkCapital
FundedCobra Get Started
ThinkCapital 6.3 Get Started
Overview
Asset Type CFD CFD
Country Jurisdiction not disclosed United Kingdom
Established - -
Technology Proprietary White-Label
Platforms Cobra Terminal Trading View
Trading Rules
Profit Split 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations Best 80% (90% with scaling or add-on)
Daily Drawdown 4% static daily loss on Instant and 1-Step accounts; 8% static daily loss on 2-Step accounts (equity-based, fixed at 00:00 UTC) Balance based for Lightning and Nexus; Equity based for Dual-Step Intraday
Payout Frequency Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step)
Payout cadence is set per account path, not firm-wide; every request is reviewed against the account's withdrawal target, drawdown status and account checks. 		Bi-weekly
14 days (7 days with add-on)
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • No consistency rule on any account path. Static (non-trailing) drawdown measured from the starting balance. Daily payout requests on Cobra Venom accounts. Martingale, grid, news trading, weekend holding and partial closes are all explicitly permitted. Entry from a $14 one-time fee. Every rule that can breach an account is published on a single rules page.
  • Powered by ThinkMarkets, a multi-regulated globally trusted broker. Three evaluation paths: one-step Lightning, two-step Dual-Step (Intraday or Swing), three-step Nexus. 80% profit split upgradeable to 90% with scaling or add-on. Bi-weekly payouts with 7-day add-on option. TradingView integration and ThinkTrader platform. Maximum allocation up to $1,000,000.
Main Drawbacks
  • Expert Advisors and automated trading are prohibited; trading must be placed manually and copy trading is reviewed before payout. On accounts opened from 20 August 2026 hedging the same instrument is prohibited and open trades losing more than 1.5% of the account at once breach it. A single trade counts toward at most 60% of the withdrawal target, so profit above that cap is removed at close. The firm publishes no legal entity, registered address or jurisdiction anywhere on its site. The TrustPilot profile is unclaimed and carries payout-denial complaints alongside its positive reviews.
  • Lightning uses 6% trailing drawdown that locks at initial balance only after account grows by 6%. 90% profit split requires scaling or paid add-on. News trading not allowed on Dual-Step Intraday and restricted on Nexus. Swing Dual-Step costs ~40% more than Intraday.
Offers & Promo Codes
Active Offers No offers
25% off all challenges

Challenge Details

FundedCobra Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$24 $14 $0.5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$47 $28 $1.25K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$36 $32 $5K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$42 $38 $5K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$65 $59 $10K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$105 $63 $3.5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$139 $83 $5K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$129 $116 $25K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$137 $123 $25K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$235 $141 $9K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$195 $176 $50K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$229 $183.2 $10K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$232 $209 $50K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$325 $293 $100K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$367 $330 $100K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$599 $479.2 $25K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$594 $535 $200K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
 P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
 Up to 90% None
$659 $593 $200K 1 Step P1: 10% evaluation target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 Up to 90% None
$799 $639.2 $50K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None
$999 $799.2 $100K Instant P1: 5% withdrawal target
 P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
 80% None

ThinkCapital Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
Nexus 		$5K 3 Steps P1: 7%
P2: 6%
P3: 5%
 P1: 4%
P2: 4%
P3: 4%
P1: 8%
P2: 8%
P3: 8%
 80% (90% with scaling or add-on) None
$59
Lightning 		$5K 1 Step P1: 10%
 P1: 3%
P1: 6% Trailing
 80% (90% with scaling or add-on) None
$59
Dual-Step Intraday 		$5K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 7%
P2: 7%
 80% (90% with scaling or add-on) None
$79
Nexus 		$10K 3 Steps P1: 7%
P2: 6%
P3: 5%
 P1: 4%
P2: 4%
P3: 4%
P1: 8%
P2: 8%
P3: 8%
 80% (90% with scaling or add-on) None
$82
Dual-Step Swing 		$5K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 8%
P2: 8%
 80% (90% with scaling or add-on) None
$99
Lightning 		$10K 1 Step P1: 10%
 P1: 3%
P1: 6% Trailing
 80% (90% with scaling or add-on) None
$99
Dual-Step Intraday 		$10K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 7%
P2: 7%
 80% (90% with scaling or add-on) None
$138
Dual-Step Swing 		$10K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 8%
P2: 8%
 80% (90% with scaling or add-on) None
$139
Nexus 		$25K 3 Steps P1: 7%
P2: 6%
P3: 5%
 P1: 4%
P2: 4%
P3: 4%
P1: 8%
P2: 8%
P3: 8%
 80% (90% with scaling or add-on) None
$199
Lightning 		$25K 1 Step P1: 10%
 P1: 3%
P1: 6% Trailing
 80% (90% with scaling or add-on) None
$199
Dual-Step Intraday 		$25K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 7%
P2: 7%
 80% (90% with scaling or add-on) None
$199
Nexus 		$50K 3 Steps P1: 7%
P2: 6%
P3: 5%
 P1: 4%
P2: 4%
P3: 4%
P1: 8%
P2: 8%
P3: 8%
 80% (90% with scaling or add-on) None
$278
Dual-Step Swing 		$25K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 8%
P2: 8%
 80% (90% with scaling or add-on) None
$299
Lightning 		$50K 1 Step P1: 10%
 P1: 3%
P1: 6% Trailing
 80% (90% with scaling or add-on) None
$299
Dual-Step Intraday 		$50K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 7%
P2: 7%
 80% (90% with scaling or add-on) None
$349
Nexus 		$100K 3 Steps P1: 7%
P2: 6%
P3: 5%
 P1: 4%
P2: 4%
P3: 4%
P1: 8%
P2: 8%
P3: 8%
 80% (90% with scaling or add-on) None
$418
Dual-Step Swing 		$50K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 8%
P2: 8%
 80% (90% with scaling or add-on) None
$499
Lightning 		$100K 1 Step P1: 10%
 P1: 3%
P1: 6% Trailing
 80% (90% with scaling or add-on) None
$499
Dual-Step Intraday 		$100K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 7%
P2: 7%
 80% (90% with scaling or add-on) None
$698
Dual-Step Swing 		$100K 2 Steps P1: 9%
P2: 5%
 P1: 4%
P2: 4%
P1: 8%
P2: 8%
 80% (90% with scaling or add-on) None
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