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Getting started

What is TraderCap?

TraderCap is a funded trader evaluation platform built for Indian markets. You pay a one-time fee for a simulated evaluation account, trade it under clear risk rules, and participants who pass may become eligible for performance rewards under a separate Funded Trader Agreement. Most participants do not pass and lose their fee.

What is a prop firm or funded account?

The term usually describes programs where traders complete an evaluation under fixed risk rules before becoming eligible for a further stage. On TraderCap, every account is simulated. No real securities are bought or sold, and no capital is allocated to you.

Do I need a demat or broker account?

No. Everything happens inside the TraderCap platform. You do not need a demat account, broker login or trading margin.

Who can join?

Anyone aged 18 or older can take an evaluation. To receive performance rewards you need a valid PAN, an Indian bank account in your own name and successful KYC verification.

Is there a free trial?

Yes. The free trial gives you a 14-day simulated account with the same platform, instruments and risk rules, so you can get comfortable before buying an evaluation. Trial accounts are not eligible for rewards.

How long does an evaluation take?

There is no time limit. The fastest path is the 1-Step Evaluation: hit the 10% target with at least 3 trading days and could finish in about a week. Most participants do not pass.

Evaluation process

What is the difference between 1-Step and 2-Step?

The 2-Step Evaluation has two phases (8% then 5%) with a 5% daily and 10% static max loss, and an 80% starting split. The 1-Step has a single 10% target, tighter limits (3% daily, 8% trailing) and a 90% starting split.

Is there a time limit to pass?

No. Both programs have unlimited time. Trade only when your setups appear.

What is the minimum number of trading days?

Each evaluation phase needs at least 3 trading days. A trading day counts when at least one trade is opened and closed during that session.

What happens after I pass?

We review your account for rule compliance (usually within 24 hours), then you complete KYC and sign the Funded Trader Agreement. Your funded account is issued at the same size you were evaluated on.

If I fail, can I retry?

Yes. You can buy a new evaluation at any time.

Can I hold multiple evaluations?

Yes. You can run several evaluations at once, with a combined funded allocation of up to ₹50L per trader. Copying trades between accounts held by different people is prohibited.

Trading rules

How is the max daily loss calculated?

The daily loss limit is a percentage of your starting balance, measured on equity (closed plus open P&L) against the previous day's closing balance. If equity touches the limit at any moment, positions are closed and the account is breached.

What does static vs trailing drawdown mean?

Static max loss is fixed from your starting balance and never moves. End-of-day trailing max loss moves up with your highest end-of-day balance until it reaches your starting balance, then locks there.

Is option selling allowed?

Yes. Both buying and writing index options are allowed. Hedged structures get lower margin than naked shorts, and margins step up on expiry day.

Can I hold positions overnight?

No. All programs are intraday. Open positions are auto squared-off before the session closes: 3:15 PM for equity, 3:25 PM for NSE/BSE F&O and 11:15 PM for MCX.

Can I trade during news and events?

Yes, including RBI policy, budget and results days. The usual risk rules still apply, and expiry-day margins may be higher.

Are EAs, bots or copy trading allowed?

Personal semi-automated tools such as alerts and order helpers are fine. Fully automated HFT, latency arbitrage, exploiting pricing errors, group or copy trading across different people, and account sharing are prohibited. See the Prohibited Practices policy.

Rewards & scaling

When can a reward be requested?

Under the Funded Trader Agreement, the first reward request can be made 14 days after your first funded trade, then every 14 days. The minimum request is ₹1,000.

How are approved rewards paid?

Approved rewards are sent within 1–3 business days by Bank transfer (IMPS/NEFT) to a KYC-verified Indian account.

Do I get my evaluation fee back?

Only if you pass and receive a first approved reward. In that case the fee is added to that reward. Most participants do not pass, and their fee is not refunded.

How does scaling work?

Every 3 months, if you are up at least 10% net with 2+ approved rewards and a positive balance, your simulated account grows by 25% of its initial size and the reward share moves to 90%. Simulated balances are capped at ₹1 Crore.

How are rewards taxed?

Tax is deducted at source where the law requires it, and the applicable provision is stated in the Funded Trader Agreement. You'll receive the relevant statements. Please consult a tax professional about your own situation.

Pricing & billing

Why do you charge a fee?

The one-time fee covers platform access, market data, risk infrastructure and support. It is not a deposit, investment or trading capital.

Are there recurring or hidden fees?

No. There are no monthly subscriptions and no data or platform add-ons. Simulated brokerage costs are applied inside the evaluation to mirror real trading, and they are never charged to you in cash.

Which payment methods do you accept?

UPI, debit and credit cards, net banking and popular wallets through our payment gateway. All prices are in INR and include 18% GST.

Can I get a refund?

Evaluation fees are non-refundable once your account is issued, except for duplicate or failed transactions. The fee is refunded only with a first approved reward, if any. See the Refund Policy for details.

Will I get a GST invoice?

Yes. A GST invoice is emailed after purchase and is always available in your dashboard. Add your GSTIN at checkout if you need business input credit.

Platform & technology

Which platform do I trade on?

You trade on the TraderCap web terminal, which works in any modern browser on desktop and mobile. It includes an option chain, advanced charts, basket orders and one-click exits.

Where does the market data come from?

The platform shows the data source and any delay applied to prices. We only use exchange data under licence terms that permit this use. Fills are simulated with modelled slippage on market orders.

Which order types are supported?

Market, Limit, Stop-loss Limit and Stop-loss Market, plus bracket-style target and stop-loss attached to positions.

Can I use TradingView for charting?

Yes. Use any external charting tool you like for analysis. Orders must be placed in the TraderCap terminal.

Still have questions?

Try the platform free for 14 days, or reach our team through the contact page.

Simulated accounts · Fees are for software access · TraderCap is not a broker or investment adviser