Think Capital Promo Code MADTRADES applies a 20% discount to ThinkCapital's evaluation challenges, reducing the entry fee on any programme and account size the firm offers. That is a payment-side change and nothing more: the money leaving your card at checkout is smaller, while targets, drawdown limits and profit splits stay exactly as advertised. This guide looks at the offer through the lens of the transaction itself — what you actually pay, what the discount does not cover, and how the cash flows back the other way if you pass and start earning on the funded stage.

ThinkCapital is a proprietary trading firm that allocates simulated capital to traders who pass an evaluation. It launched in 2024 and runs on the infrastructure of ThinkMarkets, a broker regulated by the FCA in the UK, ASIC in Australia, CySEC in Cyprus and the FSCA in South Africa. The important point for anyone thinking about payments is that ThinkCapital does not take deposits. The accounts are simulated, and the payment you make is a fee for access to an evaluation rather than a funding transfer into a trading balance you own.

This distinction matters more than it first appears. With a broker, money paid in is your money and can usually be withdrawn. With an evaluation fee, the money is spent the moment the transaction clears. Evaluation fees are generally non-refundable unless the provider's terms state otherwise, so the fee should be treated as at-risk money from the outset. The regulatory protection attached to ThinkMarkets applies to its brokerage clients, not to prop-firm participants, even though the broker backing does improve the counterparty picture compared with a standalone start-up.

Because there is no deposit, there is no minimum funding amount in the conventional sense. What exists instead is an entry price attached to each combination of programme and account size. Account sizes run from around $2,500 up to $600,000, and entry prices on the smallest accounts start in the region of $39–$59 depending on the programme. The 20% discount applies across that whole range, so the absolute saving grows as the account size selected grows, while the percentage stays constant.

Run the arithmetic before you commit. A 20% reduction means you pay 80% of the listed price, so every $100 of list price becomes $80 and every $10 of saving corresponds to $50 of list price. On the smallest accounts the saving is a few dollars in cash terms; on the largest it is a meaningful sum. That does not make the largest account the smart purchase. The discount rate is identical either way, so buying big to maximise the saving is a false economy — you are spending more to save more.

The code works on the challenge fee paid at checkout. Everything downstream of that payment is untouched. Understanding the boundary avoids unpleasant surprises at the order screen.

The reset point is the one that catches people out. If you breach a daily or maximum loss limit, the cost of getting back in is a separate transaction, and you should assume the discount does not carry over to it. Daily loss limits sit in the 3–4% band and maximum loss limits in the 6–8% band, varying by programme, so the programme you choose directly affects how likely a second payment becomes.

The headline profit split is "up to 90%", and the word "up to" is doing real work. The default split for most traders is 80%, which is around the sector norm rather than above it. Reaching 90%, and the fastest payout frequency, generally requires paying for an add-on at purchase. That add-on is part of the same transaction, which means it sits inside the order total you are discounting — but it also means the all-in figure can climb above what a competitor charges for a 90% split as standard.

The sensible way to compare is to build the full order first, apply the code, and then judge the final number against alternatives. A discounted challenge plus a paid upgrade is a different product from a discounted challenge alone, and only the final total tells you which is better value.

Coupon fields are often collapsed behind a small link labelled "Have a code?" rather than displayed as an open box, and on mobile layouts they can sit below the payment section. Enter the code exactly as written, with no trailing space, and wait for the page to recalculate. The discount is only real once the order total on screen has fallen. If it has not, do not complete the payment and assume it will be corrected afterwards — refunds on non-refundable fees are not a reliable fallback.

Payouts on the funded stage run on a cycle measured in weeks rather than on demand. That is a structural difference from a brokerage account, where withdrawals are typically initiated whenever you choose. Planning around a cycle means accepting that profits sit in the account until the next scheduled window, whatever the balance looks like in the meantime.

Before you buy, check the cycle length, the minimum withdrawal amount and the available withdrawal methods, since some methods carry their own fees. A minimum withdrawal threshold interacts with account size: on a small account, hitting the threshold within a single cycle may take longer than you expect, which pushes your first real payout further out than the cycle length alone suggests.

The section of the terms that decides whether a profitable evaluation turns into money is the one covering how a withdrawal is reviewed, what can delay or reduce it, and what the firm treats as a prohibited strategy. Rules on news trading, hedging across accounts, copy trading and latency arbitrage vary between firms and are enforced at the payout stage rather than at the point of trading. A strategy that runs untouched for weeks can still cost you at the moment you request money.

Because the discount applies at every account size, there is no cost advantage to buying a large evaluation before you have been through the firm's full cycle at least once — including a withdrawal. Completing that loop on a small account tells you what the marketing cannot: how long the review takes in practice, what arrives after any method fees, and whether the process matches the terms as written. Only then does scaling up become a payment decision based on evidence rather than on the size of the number the discount removes.

Four programmes are available, and they differ in how quickly you reach the payout stage. Lightning is a one-step evaluation with a 10% profit target. Dual Step uses roughly a 9% target in phase one and 5% in phase two. Nexus runs three phases with descending targets in the region of 7%, 6% and 5%. Bolt is instant funding with no evaluation at a higher up-front cost, which is the only route where the larger payment buys you a shorter path to the payout cycle rather than a larger simulated balance. Trading is available through TradingView and ThinkTrader.

Trading carries a substantial risk of loss and is not suitable for every investor. Evaluation fees are generally non-refundable unless the provider's terms state otherwise. Nothing here is financial advice.

Promotional terms, eligibility and values are set by the provider and can change at any time. Always confirm the current terms on the official site before signing up or completing a purchase.