Last updated: 10 October 2026
Six stages, in this order. None of them involves a sales call, a deposit of trading capital or a negotiated exception.
Create an account, then choose the 2-Step, 1-Step or Instant Funding programme and an account size. Every target and limit for that size is shown before checkout.
From ₹2,700 on a ₹1 Lakh account, by UPI, bank transfer or card. The account goes live once the payment is approved — there is no clock running while it is pending.
A simulated account on live NSE and BSE prices, trading NIFTY, BANKNIFTY and SENSEX options between 9:15 am and 3:15 pm IST. The dashboard tracks your target, both loss limits and trading days as you go.
Reach the profit target on at least 5 trading days without breaching a loss limit. On the 2-Step you do this twice; phase 2 starts fresh. A separate funded account is then issued at the same size, at no extra charge. Instant Funding skips this stage.
PAN, Aadhaar and a bank account in your own name, verified before your first payout. Payouts are made only to that account.
Once the funded account meets the payout conditions below, request your share from the dashboard. It is paid in INR by bank transfer after approval.
One fee, paid once. Everything else on this list is either zero or published in advance.
| Assessment fee | One-time, from ₹2,700 (₹1 Lakh, 2-Step). Larger sizes on the pricing page. |
|---|---|
| Funded account when you pass | ₹0 — no second fee. |
| Monthly subscription | None. |
| Trading capital you deposit | None. |
| Losses you must cover | None. The most you can lose is the fee you paid. |
| Retry after a failed assessment | One reset at 50% of the original fee; after that, a new assessment. |
Fees for every account size up to ₹25 Lakh are on pricing. If you are weighing the three programmes against each other, the prop challenge buyer's guide compares the loss room each fee buys.
Minimums and maximums, not predictions. A trading day is any IST date on which you open at least one position.
| Programme | Phases | Profit target | Minimum trading days | Maximum window | Your share once funded |
|---|---|---|---|---|---|
| 2-Step Evaluation | 2 | Phase 1: 8%, then 5% | 5 per phase (10 in total) | 60 days, both phases | 80% |
| 1-Step Evaluation | 1 | 10% in a single phase | 5 | 45 days | 80% |
| Instant Funding | 0 | 5% before a payout | 5 before a payout | Funded on approval | 70% |
Running out of time is not a rule breach; an assessment that has not reached its target when the window closes simply expires. The only things that end an account early are the daily and overall loss limits — see prop firm rules explained for exactly how each is measured.
A payout request is checked against a short list of conditions. All of them have to be met at the moment you request:
Your share is 80% of the profit on the 2-Step and 1-Step funded accounts and 70% on Instant Funding. As an illustration only: if a ₹1 Lakh 2-Step funded account is ₹6,000 in profit when you request, 80% of that is ₹4,800, before any per-cycle limit. The payout screen shows the exact figure you can request, so you never have to work it out by hand.
When the payout is approved it is paid in rupees by bank transfer, the funded account balance returns to its starting size, and the next 14-day cycle begins. Funded accounts are issued for a fixed period set by the programme; the expiry date is on your dashboard. The full walk-through is in how payouts work.
They are different products with different risks. Neither is right for everyone.
| Aspect | Funded programme (FundedRise) | Your own capital via a broker |
|---|---|---|
| Orders | Simulated on live prices; nothing reaches the exchange | Placed on NSE or BSE through your broker |
| Most you can lose | The fee you paid | The capital you put at risk |
| Your share of profit | 80% (70% on Instant Funding) | All of it, after costs and taxes |
| Rules | Profit target, daily and overall loss limits, intraday only | Your own, within exchange and broker margin rules |
| Who you deal with | A software platform; not a broker or SEBI-registered intermediary | A SEBI-registered stock broker |
The legal side, in plain language: is prop trading legal in India? · risk disclaimer
A paid, rules-based evaluation. You pay a one-time fee, trade a simulated account within published loss limits, and if you reach the profit target you are given a funded account whose profit share is paid to you. On FundedRise the share is 80% on the 2-Step and 1-Step and 70% on Instant Funding, paid in INR.
Pick a programme and account size, pay the one-time fee, and pass the assessment: reach the profit target on at least 5 trading days without breaching the daily or overall loss limit. On FundedRise a funded account is then issued at the same size with no further fee. Instant Funding issues a funded account on approval, with stricter limits and a 70% share.
There is a minimum and a maximum. The minimum is set by the trading-day rule: at least 5 trading days on the 1-Step and at least 5 per phase on the 2-Step. The maximum is the window: 45 days for the 1-Step and 60 days for the 2-Step, covering both phases. Instant Funding is funded as soon as the payment is approved.
On FundedRise, a ₹1 Lakh account costs ₹2,700 (2-Step), ₹3,900 (1-Step) or ₹4,100 (Instant Funding). The fee is one-time; there is no subscription, no charge when the funded account is issued, and you never deposit trading capital.
On FundedRise a payout can be requested every 14 days once the funded account is at least 5% in profit and you have traded on at least 5 days. A consistency check and a per-cycle limit set in the programme terms also apply, and the payout screen shows the exact amount you can request. Payment is in INR to the bank account in your approved KYC.
No. Both the assessment and the funded account run in a simulated environment on live market prices; no order reaches NSE or BSE. The payout is real: FundedRise pays your share of the recorded profit in rupees as a performance reward under the programme terms.
Once a payout is approved, the funded account balance returns to its starting size and a new cycle begins. Funded accounts are also issued for a fixed period set by the programme, and the expiry date is shown on your dashboard.
One-time fee, published limits, no subscription. Clear it and the funded account costs nothing extra.