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Does ThinkCapital Allow Copy Trading? No, Not on Any Account

ThinkCapital bans copy trading on every account, including between your own and with other prop firms, and runs only on the ThinkMarkets app. Rules, quoted.

Tom Lin, Head of IT at Copygram

By , Head of IT Updated · 8 min read

Illustration: a magnifying glass over a rules document with two checks and one warning

No. ThinkCapital’s current FAQ says it “does not allow copy trading on any account”, and that covers copying from signal providers or other traders, copying to or from other prop firm accounts, and copying across accounts. A confirmed violation normally ends in a ban and the cancellation of all your accounts. ThinkCapital also runs on a single platform, the ThinkMarkets app, which doesn’t support automated trading. A trade copier such as Copygram therefore can’t be used with ThinkCapital: the rules forbid it, and Copygram doesn’t connect that platform. Rules checked on November 8, 2026, against ThinkCapital’s website FAQ, help centre and Terms of Service.

What ThinkCapital is

ThinkCapital is a prop firm backed by the broker ThinkMarkets. Your contract is with TFG (Payments) Limited in London, and the terms are blunt about what that means: “The Provider is not authorised or regulated as a financial services firm”, and ThinkMarkets’ regulatory status doesn’t extend to ThinkCapital customers. It provides simulated trading only. Sources: Terms of Service, clause 1.9, Is ThinkCapital legit?

Five programmes are on sale: Lightning (one step), Dual Step (two steps, in Intraday and Swing versions), Nexus (three steps), and the instant-funding plans Bolt and Bolt Flex, from $2,500 to $100,000. ThinkCapital accepts US traders, which few firms do, though US clients can only be paid by crypto or Rise.

What ThinkCapital says about copy trading

The website FAQ, modified on October 24, 2026, is unambiguous:

“ThinkCapital does not allow copy trading on any account.”

Source: Is copy trading allowed on ThinkCapital accounts?

The same answer lists what that covers: copying trades from signal providers or other traders, “and to or from other prop firm accounts”, and copying across accounts in a way that hedges positions. “A confirmed copy trading violation normally results in a ban.” The review process checks for trades that mirror other accounts and for positions hedged against accounts at other prop firms; a confirmed violation cancels all of the client’s accounts and those of anyone colluding.

The prohibited strategies page puts copy trading first on its list and removes any doubt about your own accounts: it bans copying from or to any other account, “including signal providers, other traders, other prop firm accounts and personal accounts”. Most prohibited practices at ThinkCapital start with a warning. Copy trading and hedging across accounts are the exceptions and normally bring a ban on the first confirmed violation. Source: Prohibited trading strategies

The Terms of Service say the same in capitals. You may not follow other users’ entry and exit signals “MANUALLY OR THROUGH COPY TRADING”, and ThinkCapital may deem trades copied if several users trade the same instruments in the same direction “WITHIN ONE MINUTE OF EACH OTHER”. You also may not send signals from your account to third parties or to “ANY OTHER THINKCAPITAL ACCOUNTS WITHOUT THINKCAPITAL’S APPROVAL”. Breaking the rule ends all your ThinkCapital accounts. Source: Terms of Service, clause 5.5.1

An older help article says otherwise

ThinkCapital has a second FAQ, on its help centre, and one article there, dated February 19, 2026 and still live, contradicts all of the above:

“Traders are allowed to use copy trading between Think Capital accounts.”

Source: Can I use copy trading software with ThinkCapital accounts?, ThinkCapital help centre

That article also says a ThinkCapital account may be the master for your accounts at other prop firms. The website FAQ is eight months newer and agrees with the terms and with the help centre’s own penalties page, which says accounts found copy trading are terminated immediately with no appeal. Don’t rely on the older article. The terms leave one door open, approval from ThinkCapital to send signals to your other ThinkCapital accounts, so if copying between your own accounts matters to you, ask the firm in writing and get its approval before doing anything.

EAs and automation

Three official texts give three answers, and none of them helps a copier:

  • Website FAQ: EAs are allowed in principle, but “they cannot currently be deployed, because the ThinkMarkets platform does not support automated trading”. Only TradingView-based tools such as indicators can be used. Source: Are Expert Advisors allowed?
  • Terms: EAs, scripts and robots are prohibited “UNLESS THE RISK TEAM HAS GRANTED SUCH AN EXCEPTION IN WRITING”, requested by email to the risk team, and only for third-party tools compatible with TradingView or the ThinkMarkets app.
  • Help centre (February 2026): automated systems are permitted by default if you inform support first.

The programme pages still advertise “EAs Allowed”. Whatever the wording, the platform is the practical limit.

VPS and VPN connections are restricted too: ThinkCapital doesn’t allow them “unless it has approved an exception for your account”. One named VPS provider is a standing exception; anything else needs prior approval, and “Logins are checked for VPN, proxy and cloud-hosting connections”. Source: Can I use a VPN or VPS?

Hedging across accounts

The prohibited strategies page bans opposite positions on the same instrument across different accounts, “whether your own, other traders’ or accounts at other prop firms”, so that a loss on one is offset by a gain on another. Like copy trading, a confirmed violation normally means a ban. The terms add a general ban on trades between connected accounts whose purpose is to manipulate trading, for example simultaneous opposite positions. Source: Prohibited trading strategies

Platform, and why Copygram can’t be used

“ThinkCapital offers its accounts on one platform: the ThinkMarkets app.”

Source: ThinkCapital platforms and tradable instruments

The app, called ThinkTrader in older articles, includes TradingView charts and lets you trade your ThinkCapital account from TradingView. There is no MT4, MT5, cTrader, DXtrade, Match-Trader or TradeLocker. Copygram connects MetaTrader 4 and 5, Tradovate, NinjaTrader, TradeLocker, DXtrade, Match-Trader, OANDA and Binance Futures; it doesn’t connect the ThinkMarkets app. So Copygram can’t send trades to or from a ThinkCapital account, and even if it could, ThinkCapital’s rules forbid it.

If you want to copy your own trades across prop firm accounts, start from firms whose rules allow it. Our prop firm rules table quotes each firm’s wording, and the MetaTrader page lists the firms that offer MT4 or MT5.

Account limits

ThinkCapital’s “maximum simulated funded allocation is $600,000 across all programs”, growing to $1.5 million through its scaling plan. Bolt and Bolt Flex share a $192,500 cap with one active account per size. There’s no limit on the number of challenges you can buy, one profile per verified person, and “ThinkCapital does not allow you to merge accounts at any stage”. With copying banned, several ThinkCapital accounts have to be traded independently, by hand. Sources: Maximum allocation, Can I merge my accounts?

Loss limits by programme

Programme Profit target Daily loss Max loss
Lightning 10% 3%, balance-based 6% trailing on the highest balance, locks at the start
Dual Step Intraday 9%, then 5% 4%, equity-based 7% in the challenge, 8% funded, static
Dual Step Swing 9%, then 5% 4%, balance-based 7% in the challenge, 8% funded, static
Nexus 7%, 6%, 5% 4%, balance-based 8% static
Bolt None 3%, equity-based 6% trailing on equity
Bolt Flex None 3%, balance-based 7% trailing on balance

Source: Terms of Service, clause 6.2. Daily limits reset at 5 pm EST. Other rules worth knowing:

  • News. No trading from 2 minutes before to 2 minutes after a high-impact release on most programmes, 5 minutes either side on Bolt and Bolt Flex; Dual Step Swing allows it and add-ons exist for Lightning and Nexus. “A violation is a hard breach.” Source: News trading rules
  • Inactivity. You must “open at least one new trade every 30 days”. Source: How long can my account be inactive?
  • Weekends. Allowed on Lightning, Nexus and Dual Step Swing; Bolt accounts need an add-on, and positions left open at Friday 21:00 UTC breach them.
  • Fast trades. Trades held under 5 seconds, or 5 to 59 seconds and closed in profit, count as high-frequency trading. Three same-direction trades on one symbol within 3 seconds of each other count as order layering.
  • Consistency applies to Bolt (20%) and Bolt Flex (25%) only. Lightning, Dual Step and Nexus need 3 profitable days per payout cycle instead.
  • Risk. No lot limit and no mandatory stop loss, but risking more than 2.5% of balance on a trade or using more than 60% of equity in margin is reviewed as gambling.

Payouts

ThinkCapital’s funded accounts offer “a payout every 14 days as standard”, or every 7 days with an add-on on Lightning, Dual Step and Nexus; Bolt plans have an on-demand add-on. The split is 80%, or 90% with an add-on or after scaling, with a $100 minimum, paid in USDT, through Rise or to a ThinkMarkets live account within three business days. On accounts whose drawdown has locked at the starting balance, withdrawing every dollar of profit breaches the account, so leave a buffer. Source: Payout frequency, How do payouts work?

What we couldn’t confirm

  • Whether ThinkCapital still grants approval to copy between your own ThinkCapital accounts, which the terms mention and the February 2026 help article allowed.
  • Whether the help centre article permitting own-account copying will be withdrawn; it was still live on November 8, 2026.
  • Which of the three EA positions ThinkCapital applies in practice.
  • A list of approved automation tools; only one VPS provider is named.
  • The date of the current Terms of Service.
  • The funded-stage Trader Account Agreement, which isn’t published.

ThinkCapital copy trading: questions

Does ThinkCapital allow copy trading?

No. Its website FAQ says copy trading isn’t allowed on any account, including copying from other traders or signal providers, to or from other prop firm accounts, and across accounts. A confirmed violation normally results in a ban.

Can I copy trades between my own ThinkCapital accounts?

Not under the current FAQ, which bans copying from or to any other account, personal accounts included. An older help centre article says it’s allowed, and the terms mention approval, so the only safe route is written approval from ThinkCapital.

Can I copy trades from ThinkCapital to another prop firm?

No. The current FAQ bans copying to or from other prop firm accounts, and its reviews look for trades mirrored at other firms.

Does ThinkCapital allow EAs?

In principle, but they can’t be deployed: ThinkCapital runs only on the ThinkMarkets app, which doesn’t support automated trading. The terms also require a written exception from the risk team.

Does ThinkCapital offer MT4 or MT5?

No. Accounts run only on the ThinkMarkets app, with TradingView integration.

Can I use Copygram with ThinkCapital?

No. ThinkCapital bans copy trading on every account, and Copygram doesn’t connect the ThinkMarkets app. Trade ThinkCapital accounts by hand.

Sources

All checked on November 8, 2026:

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