Step-by-Step Guide to Our Prop Firm Rules and Processes
Title
Trade In Nifty, Bank Nifty Options and Futures.
Show your skill and Get Funded.
We are looking for talented traders!
Complete the Trading Challenge and manage accounts with prop funds, Receive 70% of profits.
Trader Program Phases and Rules
STEP 1
Trading Challenge
Choose an account size and risk level to meet your skills and profit targets. Trade all available instruments and prove you are a skilled trader who can reach the profit target. Your trading style is up to you.
**PHASE 1 RULES**
1. Maximum Simulated Trading Days
30 days (including weekends and holidays)
“You can take a maximum of 30 days to complete the challenge.”
2. Minimum Simulated Trading Days
10 days (including weekends and holidays)”You must trade at least 10 days to complete the challenge. If the profit target is achieved before 10 days, you’ll fail the challenge.”
3. Maximum Loss
10%
“You cannot lose more than 10% of the capital at any point during the trading period”
4. Maximum Daily Loss
5%
“You cannot lose more than 5% of the capital in one day”
5. Profit Target:
12%
“Your profit target for this phase is 12%”
STEP 2
Verification
Continue trading with the Verification account and prove you weren’t just lucky in the challenge phase.
**PHASE 2 RULES**
1. Maximum Simulated Trading Days
30 days (including weekends and holidays)
“You can take a maximum of 30 days to complete the challenge.”
2. Minimum Simulated Trading Days
10 days (including weekends and holidays)
“You must trade at least 10 days to complete the challenge. If the profit target is achieved before 10 days, you’ll fail the challenge. “
3. Maximum Loss
10%
“You cannot lose more than 10% of the capital at any point during the trading period”
4. Maximum Daily Loss
5%
“You cannot lose more than 5% of the capital in one day”
5. Profit Target:
10%
“Your profit target for this phase is 10%”
STEP 3
Tradepunji Trader
“You’ll be introduced to a proprietary trading firm and can start trading their capital without profit targets, as long as you don’t exceed the maximum loss limits. You’ll earn up to 70% of the profits each month.”
**TRADEPUNJI TRADER RULES**
1. Minimum Simulated Trading Days
X
“There is no minimum or maximum day rule here; trade however you like.”
2. Max. Inactivity
15 days
“Make sure to place at least one trade within 15 days, or you’ll lose the account.”
3. Maximum Loss
10%
“You cannot lose more than 10% of the capital at any point during the trading period”
4. Maximum Daily Loss
5%
“You cannot lose more than 5% of the capital in one day”
5. Profit Target:
X
“There is no profit target rule here; trade however you want.”
Your Share:
70%
“Your profit share will be 70%. You can withdraw your share every month.”
Tradepunji Trading Challenge, is an Evaluation course for traders designed to discover traders who can make sustainable long term profits. Upon successful completion of the Trading Challenge and Verification, you will be recommended to a 3rd party proprietary firm to manage their trader account.
How Does it Work?
Our business is to find, and evaluate options, futures and various types of traders to trade proprietary trading company capital.
Manage Capital
Get your challenge fee refunded after passing the challenge.
Phase 3 Profit Split
70%
Trading Program Features
The Tradepunji Trading Challenge is open to traders Worldwide. One of the greatest platform the Evaluate your trading skill.
We solve that! Take the Challenge.
Trading Platform
Tradepunji trading terminal has been designed to offer a technical trading platform for Tradepunji Traders only.
Instruments
Tradepunji Traders trade in Indian index options, futures, Stocks and more!
Leverage Rates
Tradepunji Trading Challenge accounts have a leverage rate up to 1:5. This applies for all traders.
Account Analytics & Automated Monitoring
Our proprietary software helps to track trading progress and objectives. Important account metrics are available on the trading app and all accounts are monitored 24/7.
One-time fee only & Fair profit split
No recurrent charges, no membership or other hidden fees. Fair profit split model for and for traders
Trader Support & Customer Satisfaction
Our friendly and knowledgeable team will always be ready to support you and answer any questions you may have.
Why Tradepunji?
India’s first evaluation program to start managing prop trading firm– Super simple rules and minimum amount of objectives – No limits on instruments or volume traded.
Trading Program Features
Trading period
The Trading Challenge period starts from the day you receive your account credentials and lasts for the next 30 calendar days.
Maximum loss
This rule can also be called “account stop-loss”. Maximum Loss is the difference between your initial account balance and your current balance.
The difference between initial account balance and your current balance cannot reach below 10%.
For example, if the maximum loss is 10%, and your privided capital is 2,00,000/- here is the formula for Maximum Loss calculation:
2,00,000 x 10% =20,000
Max loss will be 20,000
Maximum daily loss
This rule can also be called “trader’s daily stop-loss”. The rule says that in any moment of the day (Indian standard Time), the result of all closed positions in sum with the currently open floating P/Ls (profits/losses) must not hit the determined daily loss limit.
The counting formula:
Initial balance x daily loss % = your maximum daily loss
Maximum leverage
Maximum leverage with all accounts is 1:5.
Unlimited free retries
You have unlimited retries in your challenge phase one if you cannot reach the profit target within 30 calendar days as long as you have positive balance and no drawdown violation has occurred.
Profit target
Profit target means that a trader reaches a profit of at least 12% of the initial account balance in the sum of closed positions on the assigned trading account in 30 simulated trading days. Also, at the end of the trading period, all positions must be closed.
For example: If you trade Challenge with 250000 capital targeting min. 10% = your profit target is 25000.
After you have completed the Verification period (Phase 2), minimum profit target will be removed. You can trade your phase 3 accounts as long as you won’t reach max loss limits or violate other rules or objectives.