Straight answers about fees, rules, payouts, and how the desk works.
No. Funded Note is a skill evaluation desk. You make every decision yourself — we do not sell tips, signals, or research calls.
No. You only pay a challenge fee (from ₹200). All accounts are simulated with virtual capital. Your fee is not deployed as client money on an exchange.
Hard limits: daily loss 4% and max drawdown 8%. Hit either and positions close + account FAIL. Size is up to your level's max lots and full balance. SL/TP optional — trader decides.
No. SL and TP are fully optional. If you set them, the system can auto-exit; if you leave them blank, only manual SELL and daily/DD rules apply.
Yes. After you pass, trading continues on a funded account — same max lots, daily loss, and drawdown rules. SL optional. No profit target; payout requests only on Monday & Tuesday (IST) after at least 2.5% profit (other days withdraw is locked). UPI usually within 24 hours.
Yes. In the funded phase, you receive 95% of your profit as a real UPI transfer on Mon–Tue requests (usually ≤24h), with a minimum 2.5% gross profit. Platform keeps 5%.
One instrument, deep liquidity, clear rules. Nifty 50 options are India's most liquid market — focused traders stay more consistent. Bank Nifty, stocks, and futures are not allowed.
No — CE/PE buying only. Real selling margin is ₹1 lakh+ per lot, which is not realistic on these account sizes. Buy-only keeps the simulation fair.
You get a full report with the exact fail reason. Want to retry? Same 1% fee — no hidden penalty, no hard limit. Improve your skill and come back.
No — totally banned. Copy / shared signals and news gambling are direct FAIL. If 3 or more different traders buy or sell the same instrument at the same time (≈20 seconds), those accounts are auto-failed and you see the exact reason on Dashboard. Trade your own ideas — stay safe.
Yes — up to 3 active challenges on one Google login. Each purchase adds a new challenge. Returning traders do not create a new signup. Cross-account hedging (CE on one, PE on another) fails both accounts. Copy/news cluster trading also fails accounts.
New traders: after we approve your UTR, open Dashboard and complete Google first login with the email you used at checkout. Returning traders: same Google login — the new challenge appears on Home (no new signup).
Write on the Support page or email support@fundednote.in. Appeals: within 48 hours of the decision, with account ID + reason.
No. Funded Note is a simulated skill-evaluation program — not a SEBI-registered broker, investment advisor, or research analyst. No real orders go to the market. Rewards are performance-based from company revenue.