2-Step Challenge
Draft parameters₹25,00,000
Virtual account size · practice evaluation
Phases
2
Profit target
8% / 5%
Daily loss
5%
₹1,25,000
Max drawdown
10%
static · ₹2,50,000
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; ₹25,00,000 is a virtual balance used to apply targets and limits and is not capital allocated to or held for you.
Evaluation stages
STAGE 01
Phase 1
Target 8% (₹2,00,000) · min 4 trading days · Unlimited
STAGE 02
Phase 2
Target 5% (₹1,25,000) · 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 (₹1,25,000 at this size).
- Maximum overall drawdown: 10% (₹2,50,000), 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 ₹22,50,000 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.