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2-Step Challenge

Draft parameters

₹1,00,000

Virtual account size · practice evaluation

Fee Configuration pending

Phases

2

Profit target

8% / 5%

Daily loss

5%

₹5,000

Max drawdown

10%

static · ₹10,000

Min days

4 / 4

Reward share

To be announced

Overview

Two sequential evaluation phases. Phase 1 confirms performance, Phase 2 confirms consistency at a lower target under the same risk limits. The account is practice; ₹1,00,000 is a virtual balance used to apply targets and limits and is not capital allocated to or held for you.

Evaluation stages

  1. STAGE 01

    Phase 1

    Target 8% (₹8,000) · min 4 trading days · Unlimited

  2. STAGE 02

    Phase 2

    Target 5% (₹5,000) · min 4 trading days · Unlimited

Capital allocation

Any post-evaluation stage, including whether a practice or other account is offered, is subject to the final program terms. Program details to be announced.

Detailed rules

  • Daily loss limit: 5% of the day's starting balance or equity, whichever is higher (₹5,000 at this size).
  • Maximum overall drawdown: 10% (₹10,000), static methodology.
  • Overnight, weekend and news-event holding: configuration pending.

Allowed instruments

Index derivatives (practice)

  • NIFTY 50
  • BANK NIFTY
  • FIN NIFTY
  • SENSEX

Equity (practice)

  • NSE large-cap equities
  • NSE mid-cap equities

Commodities

  • Configuration pending

Prohibited strategies

  • Exploiting price-feed latency or platform errors
  • Hedging across multiple accounts to offset risk
  • Copying trades from or to third-party accounts
  • Tick scalping or high-frequency order spam
  • Account sharing or third-party account management
  • Any strategy designed to circumvent risk rules

Trading-day requirements

A trading day counts when at least one position is opened and closed during an NSE session. Each phase requires the minimum shown above; days do not carry over between phases.

Drawdown methodology

Static: the floor is fixed at ₹90,000 and does not move. See the Trading Rules page for a worked comparison.

Breach conditions

Breaching the daily loss limit, the maximum drawdown, or any prohibited-strategy rule ends the evaluation. Breaches are evaluated on equity, including open positions.

Reward eligibility

Reward share: To be announced. Completing the evaluation does not guarantee a reward; eligibility depends on final program terms and review.

Questions about this challenge

Draft targets and limits — not final commercial terms. Review the published rules before enrollment.