- All Collections
- Funded Accounts
- How the Scaling Plan works on Simulated Funded Accounts?
How the Scaling Plan works on Simulated Funded Accounts?
Understand Simulated balance growth through consistency.
At ThinkCapital, we recognize the importance of rewarding consistent trading performance. Our scaling plans for various challenges—Lightning, Dual Step, and Nexus—are designed to offer traders the chance to boost their demo account’s starting balance. This guide provides detailed instructions on how you can grow your demo account and enhance your simulated payouts.
Scaling Overview
Scaling is a method intended to gradually increase a trader’s demo account balance by a certain percentage, based on consistent simulated trading success over time.
Eligibility: To qualify, traders must achieve a profitability of at least 10% over a three-month period, or approximately 3.33% each month.
Scaling Increase: Each scaling event results in a 20% increase of the initial demo account balance.
Review Cycle: Reviews are conducted every three months. During this period, traders are required to make three withdrawals.
Scaling Process
Initial Virtual Starting Balance: The starting balance in the demo account before any scaling events.
Scaling Event: A predefined event where the virtual starting balance is increased by 20% of the original balance.
New Virtual Starting Balance: The updated balance after the scaling event.
For example:
Initial Balance: $100,000
After First Scaling Event: $100,000 + (20% of $100,000) = $120,000
After Second Scaling Event: $120,000 + (20% of $100,000) = $140,000
After Third Scaling Event: $140,000 + (20% of $100,000) = $160,000
This structured approach to scaling allows traders to progressively increase their virtual account balance, reflecting their consistent performance and simulated trading success.
Maximum Scaling Capital
With the aid of our scaling plan, traders can grow their accounts to a maximum capital of $1 million. Throughout the challenge, traders can handle or be allocated up to $300,000 in capital from all combined challenges. Utilizing the scaling plan, this $300,000 can be expanded to reach an overall maximum capital of $1 million.
For more details about the maximum overall capital, please refer to this FAQ.
Related Articles
- How is the Daily Simulated Drawdown calculated in the Dual Step Challenge/Funded?
- How is the Daily Simulated Drawdown calculated in the Nexus Challenge/Funded?
- How is the Maximum Simulated Drawdown calculated in the Lightning Challenge/Funded?
- How is the Maximum Simulated Drawdown calculated in the Dual Step Challenge/Funded?
- How is the Maximum Simulated Drawdown calculated in the Nexus Challenge/Funded?