Evaluation Rules

1. Challenge Rules

The following list explains every critical limit in the simulation. You must respect each rule during the evaluation because breaching any of them pauses or closes your account.

1. Maximum Loss Limit.

   Your account has a maximum drawdown threshold. If losses exceed this limit at any point, your account is immediately terminated. This limit exists to ensure responsible risk management throughout the evaluation.

   Example: On a ₹1,00,000 account with a 10% limit, your breach point is ₹10,000. If your account drops to ₹90,000 — whether in one trade or across multiple trades, the account is closed immediately.
2. Daily Loss Limit.

   A daily loss limit applies to every trading day. If this threshold is breached at any point during the day, your account is terminated. This resets every day, and the daily limit is calculated from challenge base value plus realized P&L (unrealized P&L is excluded).

   Example: On a ₹1,00,000 account with a 5% daily limit, your cap for the day is ₹5,000. If you lose ₹5,000 by 3:30 PM, your account will be terminated. If today you realize a profit of INR 10,000, tomorrow your daily loss limit becomes INR 5,500.
3. Minimum Trading Days.

   To complete a valid evaluation, you are required to trade for a minimum number of days before advancing to next phase. This ensures your performance is assessed across a range of market conditions — not just a single favourable window.

   Example: If your package requires a minimum of 5 trading days, hitting your profit target on Day 2 does not qualify you. You must continue trading through the remaining sessions before the evaluation is considered complete.
4. Maximum Trading Days.

   Each evaluation runs within a fixed timeframe. Once the maximum number of trading days is reached, the challenge concludes and no further trading is permitted under that account. A new challenge must be initiated to continue.

   Example: If your evaluation window is 90 days and you haven't hit your profit target by Day 90, the challenge closes. Unused days do not carry over — a new challenge must be purchased to try again.
5. Profit Target.

   To qualify for a funded account, you must achieve the profit percentage specified. Profit is calculated on realised P&L.

   Example: On a ₹1,00,000 account with an 10% profit target, you must realise a net profit of ₹10,000 before the evaluation window closes. Unrealised or open position gains do not count toward this target.
6. Profit Split.

   Once you transition to a funded account, profits are shared between you and FundedIn. Traders retain 85% of all earnings, with FundedIn's portion allocated toward platform operations, infrastructure, and capital provisioning.

   Example: If you generate ₹50,000 in profit on your funded account and your split is 80/20, you receive ₹40,000 and FundedIn retains ₹10,000. Payouts are processed as per your account's scheduled cycle.
7. Intraday Leverage.

   A leverage of up to 5x is available for intraday trades. All open positions must be squared off before market close each day. Overnight positions are strictly prohibited under the terms of the evaluation.

   Example: With ₹1,00,000 in your account, you can take intraday positions of up to ₹5,00,000 in notional value. However, if any position remains open at market close, it will be treated as a rule violation and may result in account termination.
8. Brokerage and other Fees.

   During Phase 1 and Phase 2, no brokerage or additional fees are deducted — your gross P&L is what counts. Once you transition to a funded account (Phase 3), industry-standard brokerage charges will apply.
9. Allowed Intruments.

   You may trade any instrument available on the exchange — including equities, ETFs, futures, and options. FundedIn may restrict specific illiquid stocks. This is not a limitation on strategy but it is a filter to ensure evaluations reflect genuine market participation rather than low-liquidity speculation

   Example: RELIANCE EQ, NIFTY-26MAR-24500 CE, SBIN-26MAR-1200 PE

2. Banned Trading Activities

The following trades and conduct are expressly disabled during the evaluation.