Usage Guidelines
Everything you need to know about our two-step evaluation, risk rules, stipends and professional standards — laid out clearly so you can trade with confidence.
On this page
1. Account Eligibility & Registration
Registration requires
- Name as per the Government-issued ID
- Valid email address
- Valid phone number
- Government-issued ID verification (KYC required for stipend)
- Proof of address (KYC required for stipend)
- Acceptance of all terms and conditions
2. Trading Conduct & Professional Standards
All traders must maintain professional conduct and adhere to ethical trading practices.
Allowed Market Hours on our platform — NSE & BSE
Trades taken outside this window won't be considered when calculating trading performance. This timing window does not apply to MCX.
Required standards
- Use only approved instruments (Indian F&O, Indian stocks)
- News trading is allowed on both programs
- Maintain proper risk-management protocols
- Follow position-sizing guidelines
- Avoid market manipulation or illegal practices
- Respect other traders and community members
3. Prohibited Trading Activities
- High-frequency trading or scalping strategies (more than 50% of trades in the account last less than 5 minutes)
- Closing a profitable trade within 5 minutes (trade won't be counted valid; the account is not closed — you may continue trading normally)
- Copy trading from external sources
- Account sharing or allowing others to trade your account
- Using Expert Advisors (EAs) without approval
- Overleveraging beyond account limits
- Toxic trading patterns or gambling behaviour
- Any form of market manipulation
4. Risk Management Parameters
Smart risk management keeps you in the game. Our breach rules are designed to protect your account while giving you more flexibility when minor mistakes happen. Figures shown are for 2-Step FastTrack.
Hard breach
Immediately ends the account / evaluation. Applies to the Max Daily Loss (3%) and Max Total Loss (8%) limits.
Soft breach
A soft breach does not close your account. Instead, your next stipend eligibility date is extended by 7 days, giving you the opportunity to continue trading. Soft breaches apply to:
- Stop-Loss Window
- Maximum Floating Loss
The 3rd soft breach results in account termination.
Daily Drawdown Limit — 3% Hard breach
The maximum you can lose in a single trading day, set at 3% of your initial account value. Breaching this limit is a hard breach and ends the evaluation.
Maximum Drawdown Limit — 8% (Static) Hard breach
Your account is protected by a 8% maximum drawdown limit based on your initial account balance. This threshold is fixed and does not increase even if you reach new equity highs.
Start ₹10,00,000 → max drawdown limit ₹80,000 (8% of initial). Breach point: below ₹9,20,000.
Grow to ₹12,00,000 → limit still ₹80,000 (8% of initial).
Stop Loss Soft breach
Mandatory on all positions within 120 seconds of opening a position (funded phase only). Missing this window is a soft breach — it delays stipend eligibility rather than terminating the account. This rule won't be applied to those trades closed in less than 120 seconds.
Max Floating Loss — 1% Soft breach
- Your open trades (floating P&L) must never exceed a 1% loss of your funded initial account balance value at any moment.
- 2 or more positions running at the same time are considered a single trade.
- If your floating loss reaches or goes beyond 1%, it is a soft breach — even if the trade later recovers.
Consultant Account · ₹10 Lakh
Inactivity Rule — trade at least once every 30 days
To keep your account active, you must open and close at least one trade every 30 days. An account with no completed trade for 30 consecutive days is treated as inactive. This rule applies to both the ProTrack and FastTrack programs.
5. Profit Targets
PropaTrade operates on a two-phase evaluation system designed to identify skilled and consistent traders. Figures shown are for 2-Step FastTrack.
6. Stipend Structure & Withdrawal Terms
A transparent stipend-share structure with two stipend modes — Standard (Bi-weekly) and Boost (Daily). Program: 2-Step FastTrack.
Standard
Boost
- Daily stipends
- Fastest access to your profits
- No minimum trading days
- Priority support
Daily Profit Cap
A daily profit cap applies to all Consultant accounts to ensure sustainable, consistent trading. Profits earned beyond the applicable cap on any given day are not counted toward the stipend calculation — this is not a rule violation, simply the maximum profit recognised for that day.
| Account Type | Standard Cap | Positional Cap (2×) |
|---|---|---|
| Below ₹25L | 1% / day | 2% / day |
| ₹50L and above | 0.5% / day | 1% / day |
Examples
₹5L Account · Cap 1%
₹1 Crore Account · Cap 0.5%
Withdrawal Terms
Actual stipends depend on trading performance. TDS deducted as per applicable rates.
Withdrawal requirements
- Account in positive and all positions closed
- No pending rule violations
- Completed KYC verification
7. Platform & Technical Requirements
Technical requirements
8. Data Protection & Privacy
PropaTrade is committed to protecting trader data and maintaining strict privacy standards in compliance with applicable data-protection laws.
Our measures
- End-to-end encryption for all communications
- Secure data storage with regular backups
- Limited access to personal information
- Regular security audits and updates
- Compliance with DPDP and local privacy laws
Your responsibilities
- Keep login credentials secure
- Report suspicious activities immediately
- Use secure networks for trading
- Regular password updates
- Enable two-factor authentication when available
9. Dispute Resolution & Support
PropaTrade maintains a fair and transparent dispute-resolution process with comprehensive support services.
10. Terms Modification & Updates
PropaTrade reserves the right to modify these usage guidelines as necessary to maintain compliance and improve services.
Questions about our guidelines?
Our compliance team is available to clarify any rule or policy. Reach out for personalised guidance.