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Terms And Conditions

By accessing or using our website and services, you agree to comply with and be bound by the following Terms and Conditions. Please read them carefully before proceeding.

Last Updated     01/04/2025

Indifunded – Terms & Conditions

By proceeding with payment and registering for a challenge with Indifunded, you acknowledge and agree to the following terms and conditions:
 

1. Proprietary Trading & Independent Contractor Status

  • Indifunded is a proprietary trading platform operated by BRVS Education Pvt Ltd.

  • Traders participating in Indifunded challenges and funded accounts are independent contractors and not employees, agents, or representatives of Indifunded.

  • There is no employer-employee relationship, and traders are free to trade independently within the provided rules.
     

2. No Investment Advice or Portfolio Management

  • Indifunded does not provide investment advice, portfolio management, or guaranteed returns.

  • The challenge is solely an evaluation process to assess a trader’s skills and does not constitute an investment opportunity.

  • Indifunded is not registered with SEBI as an investment advisor or portfolio manager.
     

3. Challenge Fees & Refund Policy

  • All fees are non-refundable, including in cases of:

    • Challenge failure

    • Disqualification for rule violations

    • Any other circumstances

  • The fee is charged for participation and evaluation and does not represent a deposit or capital contribution.
     

4. Challenge Rules & Funded Account Terms

  • Traders must follow the challenge rules, including:
     

    • Trading only permitted instruments (e.g., BankNifty or Nifty50 option intraday buying position as per challenge rules)

    • Adhering to risk management rules

    • Respecting trade limits

      Trade Counting Rule (Simple Explanation)
       

    • Every executed buy order is counted as one open trade.

    • If you execute buy order multiple parts in same position, only the first buy price will be considered, If you sell that position in multiple parts, only the last sell price will be considered for calculating points.

    • Similarly, buying in parts and selling all together will still be not counted as different trades.

      Examples:
       

    • If you buy 2 lots at 400 and sell them at 450, you get only 50 points, not 100.

    • Lot size or quantity does not affect point calculation. Only price difference matters.

      Point-Based Profit Calculation
       

    • Your total points = Sell Price – Buy Price

    • Only the first buy and last sell prices are used for calculation.

    • Example: Buy at 400, sell at 450 = 50 points gained, regardless of lot size or trade split.

      Risk Management
       

    • A maximum drawdown limit of 600 points is applicable during the challenge.

    • If a trader’s total drawdown exceeds 600 points, the challenge will be considered failed, and the trader will not qualify for a funded account.
       

  • If a trader successfully passes the challenge and qualifies for a funded account:
     

    • Profit-sharing is 70% to the trader and 30% to Indifunded

    • A maximum loss limit of 30% applies

    • There is no fixed time limit to trade once funded

    • Traders are not liable for any losses beyond the maximum loss limit
       

5. Fair & Transparent Trading Environment

  • Indifunded ensures a fair evaluation process with clear and transparent rules.

  • Traders are not liable for any financial risk beyond the challenge fee.

  • Once funded, traders do not owe any additional money to Indifunded, even in case of losses.
     

6. Compliance & Disqualification

  • Traders must follow ethical trading practices and abide by Indifunded's policies.

  • Any fraudulent activity, rule violations, or misuse of the challenge may lead to immediate disqualification without a refund.

  • Indifunded reserves the right to modify challenge rules, terms, and conditions at any time to maintain a fair environment.
     

7. Acceptance & Agreement

By clicking “I Agree”, you confirm that:
You have read, understood, and accepted the above terms.
You understand the challenge rules and risk parameters.
You acknowledge that once funded, you will receive 70% of the profits with no liability for losses beyond the challenge fee.
You agree to abide by all rules and policies of the platform.

Only after accepting these terms can you proceed with the challenge registration.
 

For any inquiries, concerns, or disputes regarding these Terms or the services provided by the Company, you may contact us at the following:
Email: support@indifunded.com
Phone: +91 9081322256
Address: 306, Unique Square, Causeway, Katargam, Surat - 395004

By accessing or using our website and services, you agree to comply with and be bound by the following Terms and Conditions. Please read them carefully before proceeding.

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