Funded stage access
Instant Account
Start trading under funded-stage rules immediately. Tighter risk limits, no profit target to pass first.
- Profit targetNone
- Max drawdown5%
- Drawdown typeTrailing
- Daily loss3%
- Min days4 profitable
- ConsistencyNone
Indian index F&O · BANKNIFTY
BANKNIFTY funded-stage evaluations — simulated, daily loss published.
BANKNIFTY can move fast. The product is the published daily loss — Instant 3%, One Step 4%, Two Step 5% — plus plan max drawdown. Not a global FX prop, not live NSE. Rewards on funded stage are discretionary.
24h Payout ProcessingPrompt SLA after KYC
10% Static DrawdownNo trailing traps on Two Step
0% Consistency RulesPublished Clause 11.C
100% INR via UPIDirect domestic settlement
Simulated trading evaluations only. Rewards are discretionary and not guaranteed. See our Risk Disclosure.
BANKNIFTY needs visible daily loss, not a slogan
FundedSmart is a simulated evaluation platform for Indian index F&O, including BANKNIFTY. Daily loss is plan-specific and published before you buy. News trading is blocked around high-impact events. This page is not a NIFTY clone with the index name swapped — the proof here is volatility discipline.
Why Two Step is the default on BANKNIFTY
Trailing Instant is a smaller envelope. Static Two Step is the usual recommendation when the index is jumpy.
Two Step: 10% static max drawdown / 5% daily; profit targets 8% then 5%; 4 trading days per phase. Static means the max-drawdown line does not trail your peak the way Instant does.
Instant: funded-stage rules from purchase — 5% trailing max drawdown / 3% daily, no evaluation profit target. Trailing plus a 3% daily is the aggressive BANKNIFTY path, not the default.
One Step sits between them: 8% static / 4% daily, single 10% target.
News trading is not allowed from 2 minutes before through 5 minutes after high-impact events, including on funded-stage accounts. See Trading Rules.
Three plans. Published limits.
On BANKNIFTY, treat daily loss as the headline spec. Two Step is the default on this page; Instant is the tight trailing path.
Single evaluation
One Step
One phase to prove your edge. Hit the target, respect the limits, then move to funded stage.
- Profit target10%
- Max drawdown8%
- Drawdown typeStatic
- Daily loss4%
- Min days4
- ConsistencyNone
Most popular
Two Step
Two phases for a steadier pace. Confirm your process across both phases before funded-stage trading.
- Phase 1 / 28% / 5%
- Max drawdown10%
- Drawdown typeStatic
- Daily loss5%
- Min days4 per phase
- ConsistencyNone
From evaluation to funded stage
Same three plans. The difference is which loss envelope you accept on a volatile index.
Choose your challenge
Select Instant, One Step, or Two Step. Choose your simulated account size from 1 Lakh to 1 Crore.
Pass the evaluation
Hit profit targets while respecting loss limits. Trade on at least 4 separate days per phase (Instant requires 4 profitable trading days).
Reach funded stage
Funded-stage simulated rules still enforce daily loss and the news window. Rewards stay discretionary.
BANKNIFTY funded account FAQ
Volatility, daily loss, and Instant vs Two Step.
BANKNIFTY can print larger intraday ranges. A 3% Instant daily is easier to tag than Two Step’s 5%. Pick the envelope on Rules before you pay the service fee.
Yes. News trading is not allowed on any plan from 2 minutes before through 5 minutes after high-impact events — evaluation and funded stage. See Rules.
Only if you accept 5% trailing / 3% daily from day one. This page defaults to Two Step (10% static / 5% daily) as the steadier volatile-index path. Neither path is live NSE trading.
No. Simulated evaluation only. FundedSmart is not a broker. See Risk Disclosure.
Choose a BANKNIFTY-fit loss envelope
Compare daily loss by plan, then start the Two Step ₹1 Lakh path or pick Instant if you want the tighter trailing rules.