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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

56 differences

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Headquarters

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

Meydan Grandstand, 6th Floor, Meydan Road, Nad Al Sheba, Dubai, United Arab Emirates; and Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

CEO

Faizan Anees

Arlind I.

Country

United Kingdom

United Arab Emirates / Saint Lucia

Foundation

2024

2024

Banned Countries
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
Afghanistan, Central African Republic, Congo (Brazzaville), Cuba, Guinea, Haiti, Iran, Iraq, Libya, Mali, Myanmar (Burma), North Korea, Russian Federation, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen
Assets
Forex, Indices, Commodities, Crypto
Forex, Commodities, Indices, Stocks, Crypto
Brokers
ThinkMarkets
No data
Refund
Yes

Full refund of the challenge fee with the first payout

Limited

1-Step only: 100% fee refund with the third payout.

Payout Fee

Rise: $50 each month any payout is requested

Crypto: no fee. Bank transfer through Rise: USD 50.

Platforms
Metatrader 5, ThinkTrader, Tradingview
Metatrader 5, TradeLocker
Demo Account
Metatrader 5
ID14300283PasswordN!SbG1KoServerThinkMarkets-Demo
ThinkTrader
IDSpreadtest@test.comPassword4+5O)z#.)14E
No data
Payout Methods
Crypto, Rise, Transfer
Transfer, Crypto, Rise
Payment Methods
Card, Crypto
Card, Crypto
Margin Call Level

100%

No data
Payout Frequency
  • By default: Biweekly
  • With add-on (+25%): Weekly
  • Bolt: Biweekly by default; On-Demand Payouts with add-on (+25%)

Every 21 exchange days; 14 days with the add-on. Requests are usually processed within 72 business hours.

Crypto Weekend Trading
Yes
No data
Maximum Withdrawal
No data

The first two payouts are limited to 10% of the account size and an absolute maximum of USD 10,000. There is no maximum from the third payout onward.

Minimum Withdrawal

$100

USD 100 via crypto; USD 300 via bank transfer.

Forex
  • Lightning (Metatrader 5): 30:1
  • Nexus (Metatrader 5): 100:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

1-Step and 2-Step evaluation: 100:1. PineX Account: 1-Step and Instant PineX 30:1; 2-Step and Instant Elite 50:1.

Metals
  • Lightning (Metatrader 5): 10:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

Evaluation: 20:1. PineX Account: 1-Step, Instant PineX and Instant Elite 10:1; 2-Step 20:1.

Energies
  • Lightning (Metatrader 5): 10:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

1-Step: 20:1 in evaluation and 10:1 in the PineX Account. 2-Step: 30:1. Instant PineX and Instant Elite: 10:1.

Indices
  • Lightning (Metatrader 5): 5:1
  • Nexus (Metatrader 5): 15:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

Evaluation: 20:1. PineX Account and Instant: 10:1.

Crypto
  • Lightning (Metatrader 5): 1:1
  • Nexus (Metatrader 5): 1:1
  • All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

1-Step and Instant: 2:1. 2-Step: 2:1 in evaluation and 1:1 in the PineX Account.

Stocks
No data

1-Step: US 20:1 in evaluation and 10:1 funded; EU 30:1. 2-Step: US 5:1 and EU 30:1. Instant: US and EU 30:1.

Forex
0
0
Metals
0
0
Energies
0
0
Indices
0
0
Crypto
0
No data
Stocks
No data
0
Swap Free
No
Yes
Add-ons
Yes
  • Profit Split 90% (+25%)
  • Weekly payout (+25%; not available on Bolt)
  • Allows News Trading (+25%)
  • Bolt: On-Demand Payouts (+25%)
  • Bolt: Weekend Holding (+15%), permits weekend holding and trading
Yes

Add-ons are available to reduce the payout cycle from 21 to 14 exchange days and, except on Instant Elite, increase the split up to 100%.

Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
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: Reach 10% total profit across four payouts within two months. Each approved scaling phase increases the account balance by 25%, up to $500,000.
Yes

Free Growth Plan with scaling up to USD 2,000,000.

Two Steps
Yes
Yes
Max Drawdown
  • Lightning: 6% trailing, locks at initial balance once it grows by 6%
  • Bolt: 6% trailing equity, locks at initial balance after the first payout
  • Dual Step Intraday: 7% static
  • Dual Step Swing: 7% static
  • Nexus: 8% static

1-Step and 2-Step use static drawdown from starting capital. Instant PineX and Instant Elite trail new highs; PineX resets after a payout and Elite does not.

Profit Split
  • Standard: 80%
  • With add-on (+25%): 90%
  • Bolt: 90% with scaling

80% by default. Up to 100% through an add-on on 1-Step, 2-Step and Instant PineX. Instant Elite remains at 80%.

Free Trial
Yes
No data
Daily Drawdown
  • Lightning, Nexus, Dual Step Swing, Bolt: 3% Balance-based (Lightning, Nexus, Dual Step Swing) / 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

1-Step and 2-Step keep a static daily limit. On Instant PineX and Instant Elite, the limit trails the daily balance/equity high.

Three Steps
Yes
No
Max Allocation
  • MetaTrader 5: $300,000
  • ThinkTrader: $600,000
  • Bolt with scaling: $500,000
600,000
Payout Frequency
  • Standard: Bi-weekly (14 days)
  • With add-on (+25%): Weekly (7 days)
  • Bolt: Bi-weekly (14 days); On-Demand Payouts add-on (+25%) available
No data
Merge Accounts
No
Limited

Eligible accounts may be combined up to USD 600,000. Instant accounts cannot be combined with Direct Funding.

Consistency Rule
Limited
  • All programs except Bolt: No consistency rule
  • Bolt: 20% best day cap
No data
Maximum Trading Days

Unlimited

No time limit.

Minimum Trading Days
No data

1-Step: 3 evaluation days and 4 profitable days of at least 0.5% for payout. 2-Step: none in evaluation and 4 on the PineX Account. Instant PineX: 5 days of at least 0.5%. Instant Elite: 6 days of at least 0.5%.

Points Reward Program
No data

PineX Points: 1 point per euro spent, redeemable for accounts, add-ons, discounts and rewards.

Monthly Competition
No
No data
Minimum Profitable Days
  • Lightning, Nexus, Dual Step: 3 days minimum (0.5% profit each)
  • Bolt: No minimum profitable trading days
No data
Maximum Accounts
No data

Multiple accounts are allowed. Eligible traders may combine them up to USD 600,000 in active allocation.

Expert Advisor (EA)
Yes
No

EAs, bots, scripts and tools that automatically open, close or manage trades are not allowed.

VPN
No
Limited

The firm expressly discourages VPN or VPS use and prohibits sharing devices or access credentials.

Hedging
Yes
No
Requires Stop Loss
No
No

A stop loss is not mandatory, but exposure above 10 times the starting capital with more than 50% of trades lacking an SL may be treated as abuse.

Scalping
Yes
Limited

Scalping is allowed, but Quick Strike/HFT, extremely short holding times and mass order activity are prohibited.

Stacking / Layering (DCA)
No

Maximum of 2 positions simultaneously

Limited

A maximum of two simultaneous open positions in the same market and direction within one trade idea.

Martingale
No data
No
Maximum Risk Limit
No
Limited

Instant PineX: maximum 2% of starting capital per trade idea. Instant Elite: maximum 1% floating loss. No fixed per-trade percentage applies on 1-Step or 2-Step, but the general excessive-risk rules still apply.

Copy Trading
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.

No

Mirroring, third-party executed signals and copying between accounts are prohibited.

News Trading
Yes
  • Dual Step (Swing): Allowed by default
  • Lightning, Nexus and Dual Step (Intraday): Only allowed with add-on
  • Bolt: 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.
No

Positions on the affected instrument cannot be opened or closed during the 5 minutes before and after red-folder news. Automatic SL or TP closures also count.

Inactivity Rule

30 days

The account is considered breached after 30 calendar days without opening and closing at least one trade.

Consistency Rule
No
Limited

Instant PineX applies a 20% rule: the best day must represent less than 20% of the period's profit. 1-Step, 2-Step and Instant Elite have no consistency rule.

Hold Weekend
Limited

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

Limited

Allowed on Instant PineX and Instant Elite. Not allowed on 1-Step or 2-Step.

Prohibited Strategies
  • 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

Hedging and inverse trading; copy trading and account sharing; martingale, grids and recovery systems; excessive or all-in risk; more than two positions in the same trade idea; extreme margin usage; Quick Strike/HFT; arbitrage and latency abuse; account rolling; EAs and automated tools.

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