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Forex firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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Head to head

51 differences

10%off · Exclusive
15%off · Exclusive
Headquarters

30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex , Malta

85 Great Portland Street, London, England W1W 7LT, GB

CEO

Gary Mullen

Faizan Anees

Country

Malta

United Kingdom

Foundation

2023

2024

Banned Countries
Afghanistan, Belarus, Central African Republic, Cuba, Iran, North Korea, Syria, South Sudan, Russia, Ukraine (Donetsk, Zaporizhzhia, Luhansk, Kherson, Crimea, Sevastopol)
Afghanistan, Albania, Australia, British Columbia, Burma (Myanmar), Burundi, Central African Republic, Cuba, Cyprus, Guinea, Haiti, Iran, Iraq, Kosovo, Lebanon, Libya, Mali, Midway Islands, North Korea, Republic of the Congo, Samoa, Somalia, Sudan, Syria, Vatican City State, West Bank, Western Sahara, Yemen, Zambia, Ukraine, Russia, Vietnam, Venezuela
Assets
Forex, Commodities, Indices, Stocks, Crypto
Forex, Indices, Commodities, Crypto
Refund
Yes
  • Challenge fee credited back after passing and claiming first reward (Classic and One-Phase)
  • Pro Challenges are not eligible
  • Full refund available for mistaken purchases within 14 days if no trades were placed
Yes

Full refund of the challenge fee with the first payout

Platforms
Metatrader 5, TradeLocker, cTrader
Metatrader 5, ThinkTrader, Tradingview
Demo Account
TradeLocker
IDspreads@funderpro.comPasswordBE6EG@eQServerFPR
cTrader
IDspreads@funderpro.comPasswordpjw4yzx2vwg9ZHM.rhwServerFPR
Metatrader 5
ID101065PasswordF39@ycHAp
Metatrader 5
ID14300283PasswordN!SbG1KoServerThinkMarkets-Demo
ThinkTrader
IDSpreadtest@test.comPassword4+5O)z#.)14E
Payout Methods
Rise, Crypto
Crypto, Rise, Transfer
Payment Methods
Card, Crypto, PayPal, Skrill, Neteller, PerfectMoney
Card, Crypto
Payout Frequency
  • Standard: bi-weekly (14 days) for Challenge and Instant Funded accounts
  • "First Reward in 7 Days" add-on available on Classic and One-Phase
  • Typically processed within 24 hours on business days (average 8 hours)
  • By default: Biweekly
  • With add-on (+25%): Weekly
  • Bolt and Bolt Flex: Biweekly by default; On-Demand Payouts with add-on (+25%)
Crypto Weekend Trading
No
Yes
Minimum Withdrawal

$100 minimum for reward requests on all account types.

$100

Brokers
No data
ThinkMarkets
Payout Fee
No data

Rise: $50 each month any payout is requested

Margin Call Level
No data

100%

Forex

Classic & Pro Challenge

  • 1:100

One-Phase Challenge

  • 1:50

Swing Add-On (all challenges)

  • 1:30

Instant Account

  • 1:30 (1:20 with News Trading Add-On)
  • Lightning (Metatrader 5): 30:1
  • Nexus (Metatrader 5): 100:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic
Metals

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)
  • Lightning (Metatrader 5): 10:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic
Energies

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)
  • Lightning (Metatrader 5): 10:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic
Indices

Classic & Pro Challenge

  • 1:30

One-Phase Challenge

  • 1:10

Swing Add-On (all challenges)

  • 1:10

Instant Account

  • 1:10 (1:5 with News Trading Add-On)
  • Lightning (Metatrader 5): 5:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic
Stocks

Classic & Pro Challenge

  • 1:5

One-Phase Challenge

  • 1:3

Swing Add-On (all challenges)

  • 1:2

Instant Account

  • Not available
No data
Crypto

Classic & Pro Challenge

  • 1:2

One-Phase Challenge

  • 1:2

Swing Add-On (all challenges)

  • 1:1

Instant Account

  • 1:2 (1:1 with News Trading Add-On)
  • Lightning (Metatrader 5): 1:1
  • Nexus (Metatrader 5): 1:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic
Forex
0
0
Metals
0
0
Energies
0
0
Indices
0
0
Stocks
0
No data
Crypto
0
0
Commission-Free Option
No
No data
Swap Free
No
No
Account Reset
  • Challenge reset available at any time via dashboard for a fee
  • Challenge Upgrade feature available during Phase 1 of Classic and Pro (30% discount on upgrade price)
No data
Add-ons
Yes
  • First Reward in 7 Days: available on Classic and One-Phase
  • 90/10 Profit Split: available on Classic and One-Phase
  • No Minimum Trading Days: available on Classic
  • Swing Account: available on all challenge types (Classic, One Phase, and Pro)
Yes
  • Profit Split 90% (+25%)
  • Weekly payout (+25%; not available on Bolt or Bolt Flex)
  • Allows News Trading (+25%)
  • Bolt and Bolt Flex: On-Demand Payouts (+25%)
  • Bolt and Bolt Flex: Weekend Holding (+15%), permits weekend holding and trading
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
Yes
  • Achieve 10% profit target each trading month for 3 consecutive months
  • Account balance increased by 50%
  • Continues until account reaches $5 million
Yes
  • Lightning, Nexus and Dual Step: Traders become eligible after reaching a minimum profit of 10% within three months, equivalent to an average monthly gain of around 3.33%. Each approved phase increases the original demo account balance by 20%, up to $1 million on MetaTrader 5 or $1.5 million on ThinkTrader. Assessments take place every three months and require three payouts during each cycle.
  • Bolt and Bolt Flex: Reach 10% total profit across four payouts within two months. Each approved scaling phase increases the account balance by 25%, up to $500,000 combined.
Two Steps
Yes
Yes
Max Drawdown

Challenge Accounts

  • Fixed percentage of initial balance for the lifetime of the account

Instant Account

  • 6% trailing drawdown based on EOD Equity or Balance (whichever is higher)
  • Drawdown trails upward with profits until reaching the initial account balance
  • Once reaching initial balance, drawdown becomes static and fixed
  • Lightning: 6% trailing, locks at initial balance once it grows by 6%
  • Bolt: 6% trailing equity, locks at initial balance once it grows by 6%
  • Bolt Flex: 7% trailing balance, locks at initial balance once balance grows by 7%
  • Dual Step Intraday: 7% static
  • Dual Step Swing: 7% static
  • Nexus: 8% static
Profit Split
  • Standard: 80% on all withdrawals
  • 90% available via add-on on Classic and One-Phase
  • Standard: 80%
  • With add-on (+25%): 90%
Free Trial
No
Yes
Daily Drawdown

Challenge Accounts

  • Daily Drawdown calculated on account starting balance at 5 PM EST snapshot
  • Equity cannot drop below the allowed daily percentage

Instant Account

  • 3% based on EOD Equity or Balance (whichever is higher)
  • Measured at 00:00 GMT+3 server time
  • Does not reset intraday; resets at start of next trading day
  • 3% balance-based: Lightning, Nexus, Dual Step Swing, Bolt Flex
  • 3% equity-based: Bolt, Dual Step Intraday
  • All accounts: Soft breach, account disabled for the day, resumes next day at 00:00 MT5 Server Time
Three Steps
No
Yes
Max Allocation
5,000,000
  • MetaTrader 5: $300,000
  • ThinkTrader: $600,000
  • Bolt and Bolt Flex with scaling: $500,000 combined
Merge Accounts
No
No
Maximum Trading Days

No maximum time limit to complete the Challenge.

Unlimited

Minimum Trading Days

Classic, Pro and One-Phase

  • Minimum trading days apply (exact count available on dashboard)
  • "No Minimum Trading Days" add-on available on Classic

Instant Program

  • 5 profitable simulated trading days required
  • Each day must achieve at least +0.5% simulated profit
  • Days do not need to be consecutive
  • Loss or breakeven days do not count
No data
Monthly Competition
No
No
Minimum Profitable Days
  • Instant Program requires 5 profitable trading days with at least +0.5% profit each
  • Days do not need to be consecutive
  • Lightning, Nexus, Dual Step: 3 days minimum (0.5% profit each)
  • Bolt and Bolt Flex: No minimum profitable trading days
Payout Frequency
No data
  • Standard: Bi-weekly (14 days)
  • With add-on (+25%): Weekly (7 days)
  • Bolt and Bolt Flex: Bi-weekly (14 days); On-Demand Payouts add-on (+25%) available
Consistency Rule
No data
Limited
  • All programs except Bolt and Bolt Flex: No consistency rule
  • Bolt: 20% best day cap
  • Bolt Flex: 25% best day cap
Expert Advisor (EA)
Yes
  • Expert Advisors (EAs) and trading bots are permitted
  • You must own your EA/bot
  • Must not exploit technical inefficiencies or manipulate latency
  • Third-party EAs not allowed on Instant unless you own the source code
Yes
VPN
Yes
No
Hedging
Limited

Permitted only within the same trading account. Hedging across multiple accounts is not allowed.

Yes
Requires Stop Loss
No
No
Scalping
Yes
Yes
Stacking / Layering (DCA)
Yes
No

Maximum of 2 positions simultaneously

Martingale
Yes
No data
Maximum Risk Limit
Yes

Instant Account

  • Maximum 2% risk per trade idea
  • Margin usage must not exceed 80% across all asset classes at any time

Challenge Phase

  • No margin cap or maximum lot size enforced

Funded Account

  • Margin rules apply
No
Copy Trading
Yes
Limited

Traders may use copy trading across multiple Think Capital accounts. That said, copying trades from personal accounts or from accounts with other proprietary firms is not allowed.

If you wish to copy trades between different prop firm accounts, your Think Capital account must be set as the primary (master) account.

News Trading
Limited

Challenge Phases

  • Allowed in all challenge types (Classic, Pro, One-Phase)

Funded Accounts

  • Only permitted with Swing Add-On

Instant Account

  • Restricted by default
  • Only allowed with News Trading Add-On
  • 2-minute window rule applies (no opening within 2 minutes before/after major news)
Yes
  • Dual Step (Swing): Allowed by default
  • Lightning, Nexus and Dual Step (Intraday): Only allowed with add-on
  • Bolt and Bolt Flex: Not allowed

Rule for products where news trading requires the add-on:

  • No trades, including limit and stop orders, may be executed 2 minutes before and 2 minutes after a high-impact news event (total of 4 minutes).
  • Any activity during this 4-minute window will result in immediate termination of the funded agreement, account cancellation, and forfeiture of any profits.
Inactivity Rule
  • 30 consecutive days without placing or closing a trade results in automatic account failure
  • Applies to Challenge, Instant, and Funded Stage accounts
  • No refunds or renewals for inactivity breaches

30 days

Consistency Rule
Limited

Classic Challenge

  • Phase 1: No consistency rule
  • Phase 2: No consistency rule

One-Phase Challenge

  • 40% max daily profit of total

Pro Challenge

  • Phase 1: 45%
  • Phase 2: 45%

Funded Stages

  • No consistency rule

Instant Account

  • 15% max daily profit of total

  • Rule is equity-based (unrealised profit included)

  • Even if account is in loss, the rule still counts towards highest profit day

No
Hold Weekend
Limited

Challenge and Funded Accounts

  • Only allowed with Swing Add-On
  • Without Swing Add-On: all trades including crypto must be closed by Friday 16:30 EST

Instant Account

  • Overnight and weekend holding allowed by default
Limited

Lightning, Nexus and Dual Step: allowed. Bolt and Bolt Flex: require the Weekend Holding add-on (+15%).

Prohibited Strategies
  • Martingale and grid strategies
  • Excessive lot sizing and aggressive loss recovery
  • High-frequency trading (HFT)
  • Latency arbitrage, scalping arbitrage, and gap exploitation
  • Flooding the market with small pip trades
  • Intentional weekend/overnight gap exploitation
  • Account rolling or lot-sizing techniques to bypass drawdown controls
  • Copy Trading
  • Grid (Reverse) Trading
  • Hedging or Group Hedging Across Multiple Accounts
  • Collusion Between Users
  • Account Sharing, Account Management, or Account Sale
  • Latency Arbitrage
  • High-Frequency Trading (HFT)
  • Abuse of a Delayed Data Feed
  • Abuse of the Simulated Environment
  • Trading on Delayed Charts
  • Utilization of Expert Advisors
  • Challenge Passing Services
  • Martingale Trading
  • Use of Guarantee of Compliance with Limit Orders
  • Trading in Sanctioned Countries
  • Trading Activity: Soft Breaches/Warnings
  • Use of Platform or Data Freezing Due to Technical Errors
  • News Trading
  • Order Layering
  • Gambling/Punting
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