ThinkCapital embraces a “traders first” philosophy. The platform offers customizable evaluation phases and flexible trading environments, along with a user-friendly design and integration with TradingView seem to support that claim. You should have no problem getting up to speed on the platform. More importantly, you’ll be able to hone your skills without risking personal capital.
With flexible trading environments, this platform stands out for its simple approach to the interface and trading. Its parent company, ThinkMarkets, adds the credibility and name recognition that traders are looking for, while still offering a broker-backed platform that will catch the eye of novice and experienced traders alike.
Like many prop firms, ThinkCapital requires users to complete a prop trading challenge to showcase their skills. The dual-step challenge offers a customizable experience and allows you to demonstrate that you are ready to use the firm’s funding; there are also one-step and three-step programs available. These customizable evaluations make the platform that much more user-friendly as prop traders determine what is best for them at this stage of their career.
- Execute trades directly on the TradingView platform
- Open to U.S. traders
- Prioritizes traders’ needs and experience
- Offers ThinkTrader, an in-house trading platform with a wide range of built-in features like Trader's Gym, Economic Calendar, Trendrisk Scanner, and Real-time Market Pulse for an enhanced trading experience
- No phone-based support
- No mobile app for the main website (Note: ThinkTrader and TradingView both offer mobile apps)
- Profit Splits: 90%
- Supports US Traders?: Yes
ThinkCapital Ratings at a Glance
Proprietary trading has become a popular option for individuals interested in engaging in trades without using their capital. If you’re looking for a trading platform that blends a trader-focused approach with innovative features, ThinkCapital might be what you’re searching for.
This is one of the few platforms that welcomes U.S. traders and offers seamless integration with TradingView that provides a trader-focused experience, cutting edge charting and greater functionality. Here’s everything you need to know about the prop trading firm ThinkCapital.
- ThinkCapital Product Offering
- Customer Service
- Security
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ThinkCapital Product Offering
ThinkCapital has made several moves to differentiate itself from other prop trading platforms. Most notably, it's the only firm that allows traders to execute deals directly on TradingView (through ThinkTrader), a platform known for its powerful charting tools and user-friendly interface. MetaTrader 5 is also available.
ThinkCapital is among the few firms open to U.S. customers. Many others restrict American traders due to regulatory challenges, but ThinkCapital has structured its offering to include them. This makes it a rare and valuable choice for those in the U.S. market.
From top to bottom, ThinkCapital was designed with the everyday trader in mind. It offers a great user experience and plenty of customization options so you can take control of your trading journey. You’ll encounter excellent trading tools to inform your decision-making and enjoy plenty of support if you have any issues with your account.
ThinkCapital does not offer phone-based support, but you can connect with it using other platforms Instagram: @thinkcapitalcom. It provides live chat directly on the website and you can file a support ticket via email. Some other options for connecting with the firm include:
- Instagram: thinkcapitalcom
- Discord: https://discord.gg/GAapJj5yZf
- X: https://twitter.com/thinkcapitalcom
- YouTube: https://www.youtube.com/@thinkcapitalcom
- Telegram: https://t.me/thinkcapitalcom
We recommend using the live chat feature for the fastest response. If you are dealing with a more technical issue or don’t need an immediate reply, consider emailing support@thinkcapital.com. The support team will respond as soon as possible and resolve the issue quickly.
ThinkCapital takes security seriously. The firm’s multi-regulated parent company, ThinkMarkets, has a global footprint and a stellar reputation. Robust encryption will protect your account to safeguard your personal details and ensure your sensitive data remains confidential.
On that note, it’s important to remember that security is a shared responsibility. ThinkCapital includes many features designed to keep your data safe, but it's up to you to create a strong password and use the firm's security tools.
ThinkCapital offers its users several different challenge structures and investment opportunities. Remember that fees will apply, you must complete your challenge in a demo account and you are asked to demonstrate that you can follow risk management rules and generate consistent profits before you are funded. This unique strategy makes it easy to participate in prop transactions without a major upfront investment.
If you’d prefer to start your trading journey as soon as possible, try the Lightning Challenge, but remember that there are also the Dual Step and Nexus options, with challenge prices starting as low as $39. Your entry fees will vary based on your challenge settings and preferred account size.
You will have no trouble navigating the ThinkCapital platform. It has an intuitive layout that will minimize your learning curve and allow you to set up trades in no time. The ability to trade directly on TradingView will offer a familiar and seamless experience if you are already using that platform.
Even if you are completely new to prop trading, ThinkCapital’s clean and responsive dashboard will be easy to learn. While the firm doesn’t offer a mobile app for its main website, it provides mobile apps for ThinkTrader and TradingView, ensuring you can easily manage trades on the go. Additionally, the responsive web-based platform delivers a smooth experience across desktop, tablet, and mobile devices.
Restrictions
ThinkCapital has some geographic restrictions on its services, adhering to international regulations. ThinkCapital restricts users from certain countries in compliance with international regulations, such as Afghanistan, North Korea and Cuba, among others.
ThinkCapital takes security and compliance very seriously. As such, the organization does not offer services to individuals included on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list.
ThinkCapital earned a nearly perfect 4.5 out of 5 rating for its trader-centric approach and innovative features. The flexible trading environment and ability to execute deals directly in TradingView are major benefits.
Overall, ThinkCapital is a platform that appeals to individuals of all skill levels. The only notable downside is the lack of a mobile app, which kept the platform from earning a flawless 5 out of 5.
If you are interested in becoming a prop trader and want a user-friendly solution available to U.S. traders or citizens, ThinkCapital represents a top contender. You’ll enjoy a fun and customizable trading environment and dynamic challenges that put your skills to the test.
Frequently Asked Questions
What is prop trading?
Prop trading, short for proprietary trading, occurs when firms allow people to use the firm’s capital rather than their own. Traders keep a percentage of the profits they earn.
Is prop trading illegal?
No, prop trading is legal in many jurisdictions, including the United States. However, the Securities and Exchange Commission has imposed several restrictions on prop trading, especially as it pertains to hedge funds and private equity funds.
Do prop traders get a salary?
Not usually. Prop traders typically earn a portion of the profits they generate through tier trades, which incentivizes them to be successful.
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About Sarah Edwards
Sarah Edwards is a finance writer passionate about helping people learn more about what’s needed to achieve their financial goals. She has nearly a decade of writing experience focused on budgeting, investment strategies, retirement and industry trends. Her work has been published on NerdWallet and FinImpact.