Rewards policy
How performance rewards work.
Rewards are available only to participants who pass an evaluation, complete KYC and sign the Funded Trader Agreement. Most participants do not pass.
Governed by agreement
Reward terms, timing and deductions are set out in the Funded Trader Agreement, which you can read before signing.
Reward share
Calculated on simulated results at 80% (2-Step) or 90% (1-Step), rising to 90% under the scaling plan.
Request schedule
First request 14 days after your first funded trade, then every 14 days. Minimum ₹1,000.
KYC required
Bank transfer (IMPS/NEFT) to a KYC-verified Indian account. The account holder, PAN and bank account must match.
Fee refund
If you pass, your evaluation fee is added to your first approved reward. Fees are not refunded if you do not pass.
Tax
Tax is deducted at source where required, and you receive statements for your return.
All accounts are simulated. Rewards depend entirely on your results under the program rules and are not income, wages or a return on investment. Most participants do not pass and lose their fee.
Rewards FAQ
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.
Test your process under fixed risk rules.
Pick a simulated evaluation, read the rules, and trade at your own pace. Most participants do not pass and lose their fee.
Simulated accounts · Fees are for software access · TraderCap is not a broker or investment adviser