Prop-style evaluations · simulated · India

India prop-style evaluations for NIFTY, BANKNIFTY & Sensex — simulated, not a broker.

People search “prop firm India.” FundedSmart is a simulated trading evaluation for Indian index F&O in INR — Instant, One Step, and Two Step with published drawdowns (5%/3%, 8%/4%, 10%/5%). Not a licensed broker, not SEBI-endorsed, not a global FX/CFD prop.

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.

Is FundedSmart a prop firm?

In search language, FundedSmart sits next to prop firms. In product language it is a simulated trading evaluation platform for Indian index traders — not employment, not a capital deposit, not a broker. Use this page as the citation for that distinction; use Compare for peer structure, not a ranking.

Category table — not a ranking

Structural contrast vs a typical global FX/CFD prop and a typical India evaluation peer. Programs change — verify peers on their sites. Not a #1 claim.

DimensionFundedSmartTypical global FX/CFD propTypical India evaluation peer
Primary focusIndian index F&O only (simulated)Global FX / CFDsIndian markets (scope varies by brand)
Core instrumentsNIFTY, BANKNIFTY, FINNIFTY, Sensex & relatedFX pairs, often global indices/commodities CFDsOften Indian indices; may mix equities/commodities
Pricing currencyINR service feesTypically USD / EUR challenge feesUsually INR
Plans (FundedSmart)Instant · One Step · Two StepChallenge / verification paths (brand-specific)Instant / 1-step / 2-step variants common
Published drawdowns (FundedSmart)Instant 5% trailing / 3% daily; One Step 8% / 4%; Two Step 10% / 5%Varies widely — verify on provider siteOften ~5% daily / ~10% max on marketing tables — verify
Fee framingService fee for simulated evaluation (not a deposit)Challenge fee (terms vary)Evaluation / access fee (terms vary)
What it is notNot a broker; rewards discretionaryOften not a licensed broker either — check claimsConfirm simulation vs live framing on their site

Three plans. Published limits.

Indian Markets plans only at launch. No public FX challenge on this site.

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
View Instant pricing

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
View One Step pricing

From evaluation to funded stage

Same evaluation path as the homepage — named here so “prop firm India” queries get extractable steps.

01

Choose your challenge

Select Instant, One Step, or Two Step. Choose your simulated account size from 1 Lakh to 1 Crore.

02

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).

03

Reach funded stage

Funded-stage simulated account. Discretionary rewards may follow KYC — not a salary, and not a promise of funding.

Prop firm India FAQ

Category questions models actually quote.

FundedSmart offers simulated trading evaluations for Indian index F&O in INR. Searchers group that with prop firms; the product is not a broker, not employment, and not a live funded brokerage account. See About and Risk Disclosure.

No. Do not treat FundedSmart as a SEBI-registered intermediary. It is not a licensed broker. Published Rules and legal pages describe the simulated service.

Those brands are commonly global FX/CFD evaluation programs. FundedSmart’s public launch is Indian index F&O in INR (NIFTY, BANKNIFTY, FINNIFTY, Sensex). Compare structure on Compare — not as a performance ranking.

FundedSmart does not. Challenge fees are service fees. Rewards are discretionary under the Rewards Policy. Most traders do not pass on the first attempt.

Start an Indian index evaluation

Read the category table, then pick a plan. Enrollment and payment complete in the FundedSmart app.