FAQ
How long does it take for my account to be set up?
Your account will be set up automatically, you will receive your account login password in 2 – 24 hours via email
For who your trading programs are and why should I sign up for tradepunji
Tradepunji Trading Challenge is designed for experienced traders who are seeking substantial capital to enhance their trading opportunities.
Our team is made up of professionals with over two years of experience in the financial markets, ensuring that you will receive expert support at every step of your trading journey. We have meticulously developed our programs to help you meet money management goals, while still allowing you the flexibility to generate consistent profits each month.
By successfully completing our trading challenges or utilizing our Scaling Plan, you can increase your trading capital and earn up to 80% of the profits generated during each trading period.
Can I trade as a company/legal entity?
Yes, you can.
What happens once I have made my payment?
Once payment is made, our accounts team will open an account for you with initial balance. You will receive an email with login information and app installation link. New accounts will be delivered normally within a few hours during business days (Monday to Friday).
What payment and profit split payout methods are available?
For payments, we currently have these options:
- Credit/debit card
- Upi
- Wallets (phonepay, paytm,mobikwick)
We can pay your profit split by:
- Neft
- Upi
What is your business model?
Our business is to find, options and futures traders to trade our 3rd party proprietary trading company’s capital.
Where do you get trading capital?
Tradepunji Trading Challenge and Verification are traded with demo accounts provided by 3rd party brokers so there is no real money involved.
Our partnering proprietary trading company has a pool of Investors and Investor Capital that is allocated towards live trading accounts. The proprietary trading company provided traders with access to this capital once they became a Tradepunji trader.
.
What do I have to do to complete the challenge phase?
You have to achieve the target profit while adhering to all prescribed rules and guidelines.
-
- Reach the profit target within 30 calendar days
- Not to hit daily or maximum loss limits
- To close all positions after you have reached the profit target and minimum amount of simulated trading days
What if I can’t reach the profit target in the challenge?
In challenge phase one, you have the chance to reach a profit target within 30 days. If you fail, unlimited retries are available as long as you have a positive balance and no drawdown violations. You will receive a new account to continue working towards the profit target and improve your trading strategies with unlimited retries and time to adjust. If you encounter obstacles, just start again with a new account and renewed focus.
Do I have to place Stop/Loss orders?
No, you don’t. you are not required to use stop loss orders but it is recommended that you do.
Do you allow overnight positions?
Yes, you can keep trades overnight.
Can I trade in all BSE and NSE futures and options ?
You can trade all NSE options and futures, but trading in BSE only index futures are available for now.
When do I have to close all positions?
All positions have to be liquidated before the trading period ends.
Can I copy-trade or let someone else trade my account?
Yes you can.
Can I trade multiple challenge accounts at the same time?
Yes you can , as long as you comply with our no copy trading policy. Please refer to the T&C.
Are there any other fees than a one-off evaluation fee? Any monthly fees?
There is only a one-off evaluation fee and no other fees. There are no monthly fees.
What if I lose or forget my account credentials?
In such case, please contact our customer support agents and we will send you account credentials via email again. You have to send this request from the same registered email address you have been using with tradepunji.
Is there any support for new traders?
Yes, our friendly customer support team will always guide you through the process when needed and answer any questions you may have.
What if I don’t want to start trading my account. Can I get refunded?
Normal refund policy applies to all accounts and programs. You can get refunded in any case if you haven’t started to trade your account.
What happens after I have completed the Challenge phase?
Congratulations! Upon successfully reaching the profit target and have complied with all the rules. Now you can now start your Verification for stage-2. it will take approximately 24-48 hours to provide you with the stage -2 account to prove that you weren’t just lucky in Stage-1. You have to Complete the stage-2 challenge to get the real funded account.
In second phase you have to prove that weren’t just lucky. Your maximum trading period will be exceeded to 30 days, though you can require an account review right after min. simulated trading days are full, you have reached required profit target and closed all open positions.
Verification trading periods always start on Tuesday 10:00 am (IST). You will receive your new account credentials normally at least 4 hours before the agreed start time via email.
Is swing trading allowed?
Yes , you can swing trade.
Do I have to close trades for weekends/trading holidays?
No, you can hold trades over the weekend on all phases of trading.
Can I use EA or robots?
Tradepunji and its investors are mostly looking for real traders who can trade based on their own analysis and don’t rely on EA’s or trading robots. However, since our business is to find profitable traders, an exception for EA’s and trading robots might be granted by our Risk Team. In order to get such exception, please contact our Customer Support Team.
Please remember that showing proper risk management is one of the key values we look for in our traders.
Can I trade however I like?
Yes, your trading strategy is totally up to you as long as it’s in accordance with our Terms Of Use, we’re looking for consistency with your trading during all phases.
Why can’t I get a share of profits in the Challenge phase?
Challenge phase is designed to evaluate your trading and risk management skills with a demo account. Your trades won’t be executed on real markets so there is no profit to share in the real world.