Ask these of any firm you are considering. If a question cannot be answered from their public pages, that is itself the answer.
A dollar-priced firm costs you conversion on the way in and the way out, and a payout to a foreign wallet is a separate problem again.
FundedRise: Fees in INR, paid by UPI. Rewards to your own Indian bank account.
Most firms accepting Indian participants run forex and US futures, at hours that do not suit anyone sitting in India.
FundedRise: NIFTY, BANKNIFTY and SENSEX options only, on NSE and BSE hours.
A limit you only discover after a breach is the oldest complaint in this industry.
FundedRise: Every target and limit is on the pricing page, in rupees, before checkout.
Some firms pass you, then refuse the payout under a rule that was never highlighted.
FundedRise: One stated cap: no single day may produce more than 40% of the target.
"Payouts on request" with no cycle means whenever they feel like it.
FundedRise: Every 14 days, to the bank account in your approved KYC.
A cheap first fee and an expensive reset is a pricing trick, not a programme.
FundedRise: A reset is half the original fee, published up front.
If the dashboard does not show your drawdown live, you find out you failed after the fact.
FundedRise: Objectives and both loss limits update on the dashboard while you trade.
Figures are for a ₹1 Lakh account; larger sizes scale the same percentages up to ₹25 Lakh.
| Programme | One-time fee | Profit target | Daily loss limit | Overall loss limit | Your share |
|---|---|---|---|---|---|
| 2-Step Evaluation | ₹2,700 | Phase 1: 8%, then 5% | ₹4,000 | ₹10,000 | 80% |
| 1-Step Evaluation | ₹3,900 | 10% in a single phase | ₹4,000 | ₹8,000 | 80% |
| Instant Funding | ₹4,100 | 5% before a payout | ₹3,000 | ₹6,000 | 70% |
Full rules, including minimum trading days and the one-day profit cap, are on pricing.
If you trade forex, US equities or crypto, we have nothing for you — this platform runs Indian index options and nothing else. If you want to scalp, the minimum holding rules will frustrate you and you will be better served elsewhere. And if you are looking for a guaranteed payout rather than an assessment you might fail, no honest firm in this category is what you want. Saying so costs us some sign-ups and saves everyone the argument afterwards.
There is no single answer, and any firm that tells you otherwise about itself is selling. What matters is the fit: if you trade Indian index options and want to be paid in rupees, a domestic INR platform suits you; if you trade forex overnight, an international firm does. The seven questions on this page are the ones worth asking of whichever you are considering, including us.
Four things. Pricing and payouts in INR so nothing is lost to conversion. Instruments that are actually traded here — NIFTY, BANKNIFTY and SENSEX rather than forex pairs. Rules written in rupees against Indian market hours and expiry cycles. And support that answers during IST, not overnight.
No, and no prop evaluation platform is — the category does not have a SEBI registration. FundedRise is a software platform that runs a simulated evaluation; it is not a broker, not an exchange member and not an investment adviser, and it does not route orders to NSE or BSE. Anyone claiming SEBI registration for a prop challenge is misrepresenting what the registration covers.
The cheapest route is the 2-Step at ₹2,700 on a ₹1 Lakh account. The 1-Step is ₹3,900 and Instant Funding is ₹4,100. One-time fees, nothing recurring, and account sizes run to ₹25 Lakh.
Judge it on what you can check: whether the limits were published before you paid, whether the dashboard shows them moving while you trade, and whether the payout cycle is a date rather than a promise. All three are verifiable before you spend anything.
Every limit, target and fee is published before checkout. Read them, then start if they suit you.