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Challenge Comparison Tool

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The Concept Trading The Concept Trading
ThinkCapital ThinkCapital
Overview
Asset Type CFD CFD
Country Australia United Kingdom
Established Aug 2021 -
Technology White-Label White-Label
Platforms Trading View Trading View
Trading Rules
Profit Split 50-90% (tiered, up to 90% with 90% Lock Rule) 80% (90% with scaling or add-on) Best
Daily Drawdown None (static drawdown only — 3% Xtreme, 4% Traditional, 5% Premier, 6% Foundation, 10% Empire) Balance based for Lightning and Nexus; Equity based for Dual-Step Intraday
Payout Frequency Weekly
1 payout per calendar month per account per Terms cl. 12.17; weekly payout cadence advertised on homepage. 90% Lock Rule lets traders lock account and receive 90% of profits from that point.
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
  • 1-step evaluation across most programs, Instant Funding option, static drawdown (no daily drawdown limit), no time limits, scale up to $50M, trade any style (scalping/swing/EA allowed), 1:200 leverage on most tiers, weekly payouts, Pro spreads with commission model, up to 3 accounts, 90% Lock Rule
  • 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
  • Tiered profit split starts at 50% and scales to 90% (only at Max Equity), only 1 payout per calendar month per Terms cl. 12.17, 6-week inactivity termination rule, Xtreme tier has only 1:30 leverage, AUD-denominated checkout
  • 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 TRUSTED

Challenge Details

The Concept Trading Challenges

4 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$297
AUD
$3K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$497
AUD
$5K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$997
AUD
$10K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) None
$2497
AUD
$25K 1 Step P1: 7%
P1: -
None (static drawdown only)
P1: 5% static
50% (scales to 90% at Max Equity) 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