Usage Guidelines
Trading Rules & Policies
Complete guide to PropaTrade's trading rules, policies, and professional standards. Please read carefully to ensure compliance and successful trading.
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1. Account Eligibility & Registration
Traders from any corner of the country and the world are welcomed, except those from UN sanctioned territories and the US residents and citizens.
Account registration requires:
• Name as per the Government-issued ID
• Valid email address
• Valid Phone number
• Government-issued ID verification (KYC required for Payout)
• Proof of address (KYC required for Payout)
• Acceptance of all terms and conditions
2. Trading Conduct & Professional Standards
All traders must maintain professional conduct and adhere to ethical trading practices.
PropaTrade is not a SEBI-registered broker/advisor/PMS and does not provide live trading access.
Required Standards:
• Trade only during these allowed market hours (9:20 AM to 3:25 PM IST)
• Use only approved instruments (Indian F&O, Indian stocks)
• 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
The following activities are strictly prohibited and may result in immediate account termination:
Forbidden Practices:
• High-frequency trading or scalping strategies
• Closing a profitable trade within 5 minutes (Trade will not be considered valid, account will not be closed for this, you can continue trading normally)
• Copy trading from external sources
• Account sharing or allowing others to trade your account
• Using Expert Advisors (EAs) without approval
• Trading during news events or market volatility spikes
• Overleveraging beyond account limits
• Toxic trading patterns or gambling behavior
• Any form of market manipulation
4. Risk Management Parameters
Proper risk management is essential for successful trading. All traders must operate within the following parameters:
Risk Parameters:
• Daily Drawdown Limit: 5%
The daily drawdown is the maximum you can lose in a single trading day, set at 5% of your account value. At midnight server time, we take the higher value between your closing balance and equity (including open trades). Your daily drawdown limit is 5% of this amount.
Examples:
Scenario 1: New ₹10L Account:
Daily limit: ₹50,000 | Breach level: ₹9,50,000
Scenario 2: Existing Account:
Midnight values: Balance ₹12,00,000, Equity ₹12,20,000
Daily limit: ₹61,000 (5% of higher value ₹12,20,000)
Breach level: ₹11,59,000
• Maximum Drawdown Limit: 10% (Static)
Your account is protected by a 10% maximum drawdown limit based on your initial account balance. This drawdown threshold is fixed and does not increase even if you reach new equity highs.
Example: ₹10L Account (Weekly Warriors or Trading Titans)
Scenario 1: No New Highs (Still Static)
Start: ₹10,00,000 → Max drawdown limit: ₹1,00,000 (10% of initial)
Breach point: Below ₹9,00,000
Scenario 2: Making New Highs (Still Static)
Start: ₹10,00,000 → Grow to ₹12,00,000 → Max drawdown limit remains: ₹1,00,000 (10% of initial)
• Position Size: Maximum 2% risk at a time on the account (only on funded phase)
At any given time, your total (cumulative) open risk across the account must not exceed 2%. This includes the combined risk of all open positions together, even if they are hedged.
Risk is calculated using the Stop Loss (SL) set on each open position/leg—your overall SL-based risk (hedged or otherwise) must stay ≤ 2% at all times.
Tip: Option sellers can stay compliant by reducing lot sizes on multi-legged Nifty weekly strategies so the combined SL-defined risk remains within the 2% limit.
• Stop Loss: Mandatory on all positions within 120 seconds of opening a position (only on funded phase)
Breach of any risk parameter results in immediate account suspension.
5. Profit Targets
PropaTrade operates on a two-phase evaluation system designed to identify skilled and consistent traders.
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EVALUATION PHASE REQUIREMENTS
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Phase 1 Requirements:
• Profit Target: 10% of account balance
• Time Limit: Phase 1: 90 days
• Maximum Daily Drawdown: 5%
• Maximum Drawdown: 10%
• Minimum Trading Days: 5 days (Weekly Warriors) / 10 days (Trading Titans)
Phase 2 Requirements:
• Profit Target: 5% of account balance
• Time Limit: 45 days
• Maximum Daily Drawdown: 5%
• Maximum Drawdown: 10%
• Minimum Trading Days: 5 days (Weekly Warriors) / 10 days (Trading Titans)
If the account cannot meet the profit target within the specified time limit (Phase 1: 90 days, Phase 2: 45 days), the evaluation will be marked as failed and the account will be terminated.
No extensions are provided beyond the maximum allowed days.
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CONSISTENCY NOTE
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We don't enforce strict consistency rules, but expect traders to demonstrate genuine trading strategies.
⚠️ Discouraged Profit Pattern: Day 1: 4–5%, Day 2: 4–5%, Day 3/4/5: < 1% each
Also discouraged: Finishing the phase in 1–2 days purely to achieve profit targets.
Consequence: Trading minimal lots just to meet minimum trading days may require a free retake. Repeating this pattern results in disqualification.
*All examples are illustrative. Actual payouts depend on trading performance. TDS deducted as per applicable rates.
6. Scaling & Account Growth
Successful traders can scale their accounts based on consistent performance and adherence to risk management protocols.
Scaling Criteria:
• Minimum 3 months of profitable trading
• No rule violations or drawdown breaches
• Regular trading activity (minimum 10 trades per month)
• Positive feedback from risk management team
Scaling Process:
• Account size increases by 25-50% upon qualification
• Maximum account size: ₹3 Crores
• Quarterly performance reviews
• Continued adherence to all risk parameters
7. Payout Structure & Withdrawal Terms
PropaTrade offers a transparent stipend share structure with two payout modes: Standard (Monthly) and Boost (Bi-weekly). Your stipend percentage depends on your program type and your tier.
Programs Covered
• Weekly Warriors (WW): Nifty & BankNifty F&O
• Trading Titans (TT): NSE Stocks & Futures
What is "Boost"?
Boost is an optional add-on at checkout that provides:
• Higher stipend % from Day 1
• Bi-weekly payouts
• Priority support
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Stipend Share Percentages (by Tier)
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Weekly Warriors (Nifty & BankNifty F&O)
Standard (Monthly)
• Tier 1 (Base): 30%
• Tier 2 (Pass NISM Series VIII Exam): 50%
• Tier 3 (Pass NISM Series XV Exam): 70%
Boost (Bi-weekly)
• Tier 1 (Base): 50%
• Tier 2 (Pass NISM Series VIII Exam): 70%
• Tier 3 (Pass NISM Series XV Exam): 85%
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Trading Titans (Indian Stocks & Futures)
Standard (Monthly)
• Tier 1 (Base): 20%
• Tier 2 (Pass NISM Series VIII Exam): 35%
• Tier 3 (Pass NISM Series XV Exam): 50%
Boost (Bi-weekly)
• Tier 1 (Base): 35%
• Tier 2 (Pass NISM Series VIII Exam): 50%
• Tier 3 (Pass NISM Series XV Exam): 65%
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How to Unlock Higher Tiers
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• Tier 1 (Base): Included by default
• Tier 2: Pass NISM-Series-VIII Exam (~2–3 weeks, self-paced)
• Tier 3: Pass NISM-Series-XV Exam (~4–5 weeks, self-paced)
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Withdrawal Terms
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• Minimum Withdrawal: ₹1,000
• Processing Time: 24–48 hours
• Methods: UPI, Bank Transfer, Crypto
Actual stipends depend on trading performance. TDS deducted as per applicable rates.
Withdrawal Requirements:
• Account must be in positive and all positions closed
• No pending rule violations
• Completed KYC verification
8. Platform & Technical Requirements
PropaTrade utilizes industry-standard trading platforms with specific technical requirements for optimal performance.
Supported Platforms:
• MT5 - Primary platform (for Windows Laptop/PC)
• Web-based trading terminal (for Mac,iOS application)
• Mobile applications (for Android)
Technical Requirements:
• Stable internet connection (minimum 10 Mbps)
• Updated operating system (Windows 10+, macOS 10.15+)
• Minimum 4GB RAM, 8GB recommended
• Anti-virus software installed and updated
9. Data Protection & Privacy
PropaTrade is committed to protecting trader data and maintaining strict privacy standards in compliance with applicable data protection laws.
Data Protection 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
Trader Responsibilities:
• Keep login credentials secure
• Report suspicious activities immediately
• Use secure networks for trading
• Regular password updates
• Enable two-factor authentication when available
10. Dispute Resolution & Support
PropaTrade maintains a fair and transparent dispute resolution process with comprehensive support services.
• 24/7 live chat support
• Email support: [email protected]
• Dedicated account managers for master traders
Dispute Resolution Process:
• Initial review within 24 hours
• Investigation period: 3-5 business days
• Resolution communication within 7 days
• Escalation to senior management if required
• External mediation available for unresolved disputes
11. Terms Modification & Updates
PropaTrade reserves the right to modify these usage guidelines as necessary to maintain compliance and improve services.
Modification Process:
• Email notification to all active traders
• Updated terms published on website
• Continued use constitutes acceptance
• Right to terminate account if changes are unacceptable
Effective Date:
These usage guidelines are effective from the date of account registration and remain in force until modified or terminated. All traders are responsible for staying informed about updates and changes to these guidelines.
Questions About Our Guidelines?
Our compliance team is available to clarify any rules or policies. Contact us for personalized guidance.