Question 1

Is IndiFunded registered with SEBI?

Accepted Answer

IndiFunded (BRVS Education Pvt Ltd) is a proprietary trading firm, meaning we trade our own capital and fund traders under a profit-sharing model. Since we do not act as intermediaries, provide investment advice, or manage portfolios, SEBI registration is not required as per the SEBI Act, 1992.

Question 2

How do I know IndiFunded is a genuine platform and not a scam?

Accepted Answer

IndiFunded is a legally registered company. You can verify our registration and credentials. Additionally, our policies and procedures are designed to ensure fairness and transparency.

Question 3

Can I verify IndiFunded's authenticity before applying?

Accepted Answer

Yes, you can review our website and reach out to our team directly for any queries. We are happy to provide clarity on our processes and practices.

Question 4

What guarantees do I have that IndiFunded will honor its commitments?

Accepted Answer

IndiFunded is committed to building a trustworthy relationship with traders. As India's first platform, we are focused on ensuring our users have a seamless experience to establish a strong reputation.

Question 5

How can I contact IndiFunded if I have concerns or doubts?

Accepted Answer

You can contact us through email, live chat, or our official phone number. Our team is always available to address your questions and concerns.

Question 6

How secure is my personal information with IndiFunded?

Accepted Answer

Your personal data is protected by strict privacy policies and secure systems. We do not share your information with third parties without your consent.

Question 7

What happens if I pass the challenge, but IndiFunded doesn't fund my account?

Accepted Answer

This situation will not occur as IndiFunded operates with integrity. If you fulfill the challenge and pass KYC, you will receive your funded account without fail.

Question 8

Do you have a customer support system?

Accepted Answer

Yes, we provide dedicated customer support to address any issues or concerns. You can contact us through email, chat, or phone.

Question 9

How do I know the payout process is real?

Accepted Answer

Payouts are processed through verified banking channels. Details of the process are clearly outlined in our terms and conditions.

Question 10

Can I visit your office?

Accepted Answer

We operate primarily online to reduce operational costs, but we can arrange an office visit or video call for verification purposes.

Question 11

How do I know I'll receive my payout if I earn profits?

Accepted Answer

All payouts are processed transparently through secure banking channels. We ensure timely payment to all eligible traders as per our payout schedule.

Question 12

Is there a fee or hidden charge deducted from payouts?

Accepted Answer

No, we do not deduct any hidden fees. Only the agreed profit-sharing percentage is applied, as mentioned in our terms.

Question 13

How long does it take to receive payouts after trading?

Accepted Answer

Payouts are processed within 24 hours after the profit verification and settlement period.

Question 14

Do I need to make any additional payments after passing the challenge?

Accepted Answer

No, once you pass the challenge and complete the KYC process, you don't need to make any further payments to access your funded account.

Question 15

What is the eligibility to join IndiFunded?

Accepted Answer

Anyone with a basic understanding of the stock market, BankNifty F&O trading and a passion to prove their skills can join IndiFunded.

Question 16

On which application or trading account do I need to pass this challenge?

Accepted Answer

The challenge will take place on our specially designed virtual trading platform, which replicates real-market conditions to accurately test your trading skills.

Question 17

How can I apply for the challenge?

Accepted Answer

Applying is simple! Visit our website, select your preferred challenge type (Standard or Instant), and complete the registration process. Once registered, you'll receive access to your virtual trading account.

Question 18

When will I receive my funded trading account?

Accepted Answer

Once you successfully pass our challenge, you will proceed with the identity verification process. After completing KYC, you will receive your funded account ID and password within 2 working days.

Question 19

What documents do I need to complete KYC after passing the challenge?

Accepted Answer

To complete KYC, you'll need: a valid government-issued photo ID (e.g., Aadhaar card, PAN card, or passport), proof of address (e.g., utility bill, bank statement, or rent agreement), and your bank account details for profit transfers.

Question 20

Are there any restrictions on the trading instruments during the challenge?

Accepted Answer

Yes, you can only trade Bank Nifty options intraday during the challenge.

Question 21

Can I attempt the challenge multiple times if I fail?

Accepted Answer

Yes, you can reapply for the challenge as many times as you wish. Each attempt will require a new registration and challenge fee.

Question 22

What happens if I exceed the stop loss limit during the challenge?

Accepted Answer

If you exceed the maximum loss limit of 40 points per day, the challenge will be considered failed. You will need to reapply for a new challenge.

Question 23

Is there a time limit to complete the challenge?

Accepted Answer

Yes, the time limit depends on the type of challenge. Standard Challenge: total trading days are 15, with a minimum of 10 trading days. Instant Challenge: you begin trading on your funded account right away, so there is no evaluation time limit.

Question 24

Will I get any support or guidance during the challenge?

Accepted Answer

Yes, our support team and trading community are available to assist you with queries and guidance to help you navigate the challenge effectively.

Question 25

What happens if I fail the challenge?

Accepted Answer

If you fail the challenge, you can reapply for a new one after meeting the eligibility requirements.

Question 26

How long does it take to verify KYC after passing the challenge?

Accepted Answer

KYC verification typically takes up to 2 working days after you pass the challenge.

Question 27

Can I pause the challenge once it has started?

Accepted Answer

No, the challenge must be completed within the specified trading days without pauses or extensions.

Question 28

How can I trust your rules and trading process are fair?

Accepted Answer

Our challenge rules are designed to mimic real-market conditions, promoting fairness and transparency. We focus on building trust by providing clear guidelines.

Question 29

What can I trade with a funded account?

Accepted Answer

Once you have the funded account, you can trade in any segment you choose without any restrictions, such as BankNifty options, with no fixed rules for stop loss (SL), target, or timeline. You can use your own strategies to trade.

Question 30

How are profits shared in a funded account?

Accepted Answer

You will receive 70% of your profits every 24 hours, and IndiFunded will keep 30%. The profits are processed and transferred regularly.

Question 31

Are there any restrictions on the funded account?

Accepted Answer

The only restriction is that you cannot lose more than 30% of your funded capital. If your losses exceed this limit, your positions will be squared off, and the account will be disqualified.

Question 32

Will my funded account be immediately available for trading?

Accepted Answer

Yes, once you receive the account details, your funded account will be fully operational, and you can start trading immediately. There are no waiting periods after receiving the login credentials.

Question 33

How is the funded account balance allocated?

Accepted Answer

For the Standard challenge, you'll receive ₹1,00,000 in your funded account after passing the challenge. For the Instant challenge, you'll receive ₹50,000 in your funded account. The funds will be available for trading as soon as you log in.

Question 34

Is there a time limit to start trading with my funded account after receiving it?

Accepted Answer

There is no specific time limit to start trading after receiving your funded account. You can begin trading at your convenience once you have your login details.

Question 35

What if I lose the login credentials for my funded account?

Accepted Answer

If you lose your login credentials, you can contact our support team for assistance. We will help you recover your account credentials securely.

Question 36

Will the funded account be refilled if I make a loss?

Accepted Answer

The company does not refill the account balance in case of losses. If you exceed the loss limit, your account will be disqualified, and positions will be squared off. You will not be liable for any loss.

Question 37

Can I trade other instruments apart from BankNifty options in the funded account?

Accepted Answer

Yes, after receiving your funded account, you are free to trade in any instrument or market segment that suits your strategy. There are no restrictions on which assets you can trade.

Question 38

What if I don't want to continue trading with my funded account?

Accepted Answer

If you decide to stop trading with your funded account, you can withdraw your profits and contact us for account deactivation. We do not charge any additional fees for discontinuing your trading activity.

Question 39

Can I trade on multiple devices with my funded account?

Accepted Answer

Yes, you can access and trade your funded account from any device, as long as you have the login credentials. However, ensure that you maintain the security of your account by using strong passwords and keeping them confidential.

Question 40

Is there a minimum profit requirement for the funded account?

Accepted Answer

No, there is no minimum profit requirement once you receive your funded account. You can trade according to your strategy and risk tolerance, but consistent profitability is key to maximizing your profit share.

Question 41

Will my funded account be audited or monitored?

Accepted Answer

Yes, your trading activity may be monitored to ensure compliance with the rules, including the 30% loss limit. While you have full flexibility in trading, the company reserves the right to audit accounts if necessary.

Question 42

What happens if I don't trade consistently with my funded account?

Accepted Answer

There are no specific trading frequency requirements once you receive your funded account. You can trade as much or as little as you like, but remember that profits are based on your trading success. Consistency generally leads to better returns.

Question 43

Can I transfer my funded account to someone else?

Accepted Answer

No, the funded account is non-transferable. The account is assigned to the individual who has passed the challenge and completed the KYC process. Any attempt to transfer the account will lead to disqualification.

Frequently asked questions