FundedSmart fits if
- You want simulated NIFTY / BANKNIFTY / FINNIFTY / Sensex in INR.
- You want drawdown, daily loss, and news rules in writing before you pay.
- You accept discretionary rewards — not a salary and not guaranteed funding.
Criteria · not a #1 list
How to choose a prop-style funded account in India.
Simulated Indian index evaluation, not a broker and not live capital. This page will not invent a “best prop firms” podium. Use the checklist, then see where FundedSmart fits. Rewards are not guaranteed.
Seven questions
The checklist, before the pitch
- Market
- Simulated vs live
- Drawdown type
- Consistency rule
- Fee vs deposit
- Reward discretion
- Settlement
Works on any brand. We answer all seven for ourselves below.
Run the checks ↓Prompt Reward ReviewAfter a valid request and KYC
Two Step: 10% StaticStatic drawdown, not trailing
No Profit-Consistency RuleClause 11.C · lot rule 4.J still applies
INR PricingPay in the app · UPI on eligible rewards
Simulated trading evaluations only. Rewards are discretionary and not guaranteed. See our Risk Disclosure.
Why this is not a ranked “best of”
Rankings need audited data we do not have. What we can publish: criteria. FundedSmart is one Indian-index option — simulated, INR service fees, published plan limits, discretionary rewards. Peers differ; Compare is the structural matrix, still not a scoreboard.
Buyer’s checklist
Seven questions. Fill them for any brand, including FundedSmart.
Tick the checks that matter to you. Seven questions — they work on any brand, not just this one.
| Check | What a good answer looks like | FundedSmart |
|---|---|---|
| Indian index F&O vs global FX/CFD | Depends on youIndian index F&O only (simulated) at public launch | |
| Clear simulation language on eval and funded stage | Depends on youSimulated throughout; not a broker | |
| Trailing vs static, published per plan | PublishedInstant trailing 5%; One/Two Step static 8% / 10% | |
| Hidden profit-share caps vs none | PublishedNone on all public plans (Clause 11.C) | |
| Service fee vs client trading capital | PublishedINR service fee — not a deposit | |
| Policy language vs guaranteed income | Depends on youDiscretionary; illustrative maxima Instant 70% / One Step 90% / Two Step 80% | |
| INR / UPI vs USD wire only | PublishedINR via UPI after KYC on eligible rewards |
A global FX prop may fit if
- You primarily trade FX pairs or gold CFDs in USD/EUR challenges.
- You need a brand with a long public track record in those markets.
- You should still verify simulation vs live claims on that provider’s site.
FundedSmart plans after the checklist
After the checklist, these are FundedSmart’s three public plans — facts, not a vote against unnamed competitors.
Funded stage access
Instant Account
Start trading under funded-stage rules immediately. Tighter risk limits, no profit target to pass first.
Single evaluation
One Step
One phase to prove your edge. Hit the target, respect the limits, then move to funded stage.
Most popular
Two Step
Two phases for a steadier pace. Confirm your process across both phases before funded-stage trading.
From evaluation to funded stage
If FundedSmart fits the checklist, this is the path. If a global FX firm fits better, go there — we are not a dollar FX prop.
Choose your challenge
Select Instant, One Step, or Two Step. One Step and Two Step go up to Fund 1 Crore. Instant stops at Fund 50 Lakh.
Meet the plan rules
One Step and Two Step: hit the profit target inside the loss limits, on at least 4 trading days per phase. Instant has no profit target: stay inside funded-stage limits and complete 4 profitable days.
Reach funded stage
Funded-stage simulated account and discretionary rewards if you qualify — never “best payout” claims.
Choosing a program FAQ
No invented ratings.
FundedSmart does not publish a ranked list. Use the checklist on this page and the structural table on Compare. “Best” depends on market, rules, and whether the product is simulated.
It is built for that niche (simulated Indian index F&O in INR). That is a category fact, not a #1 ranking against unnamed peers. Compare structure, then enroll only if the rules fit you.
If the checklist fits, start a challenge
Still compare plans and rules. Then register in the app — this page is not financial advice.