Practice with a free ThinkCapital paper trading demo before you buy.
This simulator replicates the trading conditions of the ThinkCapital $100,000 Regular evaluation. Before spending money on a real challenge, practice here to verify your strategy meets the 8% profit target while respecting the 10% maximum drawdown limit and the 5% daily loss cap.
ThinkCapital uses an equity-based drawdown calculation. Your floating (unrealized) losses count toward the drawdown limit. This is stricter than balance-based drawdown and requires tighter risk control — use this simulator to build that discipline.
Commission structure: MT5: $4/lot. ThinkTrader: None.
These rules are often overlooked by traders. Practice with them in mind to avoid surprises on your real challenge.