Everything you need to know about our trading evaluations, Indian options contracts, and payouts.
MyFundedDesk is India's dedicated prop firm built for retail derivatives traders who want to trade with substantial evaluation capital (₹2 Lakh to ₹1 Crore) without putting their own personal life savings at risk. You pass an objective evaluation challenge and keep up to 90% of your trading profits.
We support NIFTY 50, BANKNIFTY, FINNIFTY, and SENSEX weekly and monthly strike options. Live pricing is mathematically derived from real-time NSE/BSE spot feeds using institutional Black-Scholes formulas, allowing authentic delta, gamma, and theta pricing without simulated spread gouging.
Payouts on funded accounts operate on an accelerated 7-calendar-day cycle with at least 5 qualifying profitable trading days (7 profitable days for Instant Funding). Pass your 10% Phase 1 target, get funded, and keep up to 90% of all profits. We process withdrawals within 24 hours directly to your Indian bank account via IMPS, NEFT, or UPI.
Yes! On all 1-Step and 2-Step challenge accounts, your one-time evaluation fee is 100% refunded together with your very first profit payout on your funded account.
No. We have completely eliminated time limits. You can trade as patiently as you like. Whether you reach your target in 2 days or 5 months, your account remains active as long as you do not breach drawdown limits.
Overnight holding is permitted from Monday through Thursday. However, weekend holding is strictly prohibited across all models. All open trades must be closed before Friday 15:35 IST, and trading resumes Monday at 09:15 IST. Positions held into the weekend cutoff trigger an automatic rule breach.
If an account exceeds the trailing daily loss limit (3% for One-Step/Instant, 4% for Two-Step) or the maximum trailing loss limit (6% for One-Step, 8% for Two-Step, 5% for Instant), the account is breached. However, we offer an exclusive discount on any reset or fresh challenge so you can quickly get back into the evaluation.
KYC is only required after you pass your evaluation (prior to funded account issuance). Indian citizens simply need a valid PAN Card and Aadhaar Card or Passport for fast automated verification.
Yes. To request a withdrawal, you must generate a minimum profit of 5% of your funded account balance. Additionally, there is a maximum withdrawal cap of 20% of the funded account balance per payout cycle. Any remaining profits stay in your account for future withdrawals.
Soft breaches are non-immediate violations designed to give disciplined traders room to manage positions safely. Soft breaches occur when: (1) stacking more than 3 positions in the same direction on an instrument (4th trade triggers a soft breach; 3 soft breaches = account closure); (2) closing a trade in under 60 seconds on funded accounts (max 10 soft breaches for 1-Step/2-Step, 7 for Instant before hard breach); or (3) failing to attach a Stop Loss within 60 seconds on Instant Funding (max 2 soft breaches; 3rd soft breach = permanent account closure). Unlike hard breaches (such as daily or max trailing loss), soft breaches record warnings before permanent disqualification.
Instant Funding accounts grant direct funded capital without an evaluation phase, backed by strict institutional risk parameters: (1) Maximum Trailing Daily Loss of 3% and Maximum Trailing Total Loss of 5%; (2) Combined floating unrealized loss must NEVER exceed 1% of initial capital at any point (immediate hard breach); (3) Mandatory Stop Loss attached to every trade within 60 seconds of order fill (max 2 soft violations; 3rd = hard breach); (4) Consistency rule requiring best day's profit to be ≤ 15% of total cycle profit; and (5) Minimum 7 profitable trading days (≥0.25% net profit each) per 7-calendar-day payout cycle.
To ensure steady and sustainable trading rather than gambling or one-day windfalls, your single most profitable trading day must not account for more than 40% of your total net profit across the payout cycle for 1-Step and 2-Step evaluations. For Instant Funding accounts, your single best day must not exceed 15% of total cycle profit. If your best day exceeds this threshold, you simply need to trade additional profitable qualifying days until the consistency percentage meets the required rule.