Evaluation Rulebook
Evaluation Rulebook
Clear rules are the foundation of a trustworthy simulated evaluation platform. Review performance targets, daily loss limits, maximum drawdown, trading restrictions, and reward eligibility before joining.
Funded-stage and reward eligibility are subject to rule completion, KYC, performance review, and approval. TradeIQ Capital does not provide investment advice, trade signals, copy trading, or assured returns. For practical examples, read the trailing drawdown rules explained guide before starting a challenge.
Evaluation model
Why Evaluation Rules Matter
Evaluation rules protect the simulated environment and encourage disciplined trading. A proper evaluation checks whether the trader can meet performance standards while staying within defined risk limits.
The goal is not only to measure profit. The evaluation also reviews whether the trader can follow rules, control risk, maintain consistency, and avoid behaviour that creates unnecessary account risk. Traders should also review reward eligibility, pricing plans, and the prop firm challenge guide before starting.
Production Evaluation Rulebook
These sections explain how TradeIQ reviews simulated trading behaviour, risk discipline, prohibited conduct, and reward eligibility.
Evaluation environment
TradeIQ evaluations use virtual balances and simulated execution. Users do not receive broker access, exchange access, or client trading capital.
Eligible instruments
Allowed instruments are only those shown in the active Rulebook, platform instrument list, or challenge workspace.
Risk limits
Daily loss, total loss, max loss per trade, minimum days, exposure controls, and square-off rules are enforced according to the active plan.
Best day rule
During evaluation, profit from one trading day is capped by the applicable market and stage rule.
Inactivity rule
Accounts may be withheld or terminated if the user is inactive for more than 30 days.
Trading behaviour standards
TradeIQ reviews consistency, risk discipline, order behaviour, journal quality, and whether performance appears realistic for the simulated environment.
Prohibited conduct
Manipulation, identity mismatch, account sharing, bug exploitation, coordinated abuse, and platform circumvention can trigger rejection or suspension.
Breach consequences
Rule breaches may lead to rejection of reward requests, account reset, challenge termination, suspension, or permanent restriction from the platform.
Manual review
TradeIQ reserves the right to conduct manual and automated reviews before approving any reward request.
Reward eligibility
Reward requests require rule completion, no breach, KYC, fraud checks, risk review, tax/compliance checks, and manual approval.
Prohibited Conduct
Rule breaches may lead to rejection of reward requests, account reset, challenge termination, suspension, or permanent restriction from the platform. TradeIQ reserves the right to conduct manual and automated reviews before approving any reward request.
Challenge Rule Comparisons
Review the F&O and Stocks rule sets separately before choosing your preferred trader evaluation challenge path.
F&O Challenge Rule Comparison
Compare the core evaluation rules for F&O trader evaluation challenges.
| Rule | 2 Step Challenge | 1 Step Challenge |
|---|---|---|
| Performance Target | Step 1: 10%, Step 2: 5% | 10% |
| Daily Trailing Drawdown | 5% | 5% |
| Overall Trailing Drawdown | 10% | 10% |
| Max Loss Per Trade | 10% | 5% |
| Best Day Rule | Single day cannot exceed 50% of the applicable stage target | Single day cannot exceed 50% of the final target |
| Minimum Trading/Active Days | 5 days | 5 days |
| Minimum Trade Holding Time | 30 seconds | 30 seconds |
| Max Account Duration Before Review | 90 days | 180 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days | Withheld or terminated after 30+ inactive days |
| Review Required | Yes | Yes |
| Automatic Approval | No | No |
Stocks Challenge Rule Comparison
Compare the core evaluation rules for stock-based trader evaluation challenges.
| Rule | 2 Step Challenge | 1 Step Challenge |
|---|---|---|
| Performance Target | Step 1: 10%, Step 2: 5% | 12% |
| Daily Trailing Drawdown | 5% | 3% |
| Overall Trailing Drawdown | 10% | 8% |
| Max Loss Per Trade | 10% | 3% |
| Best Day Rule | Single day cannot exceed 50% of the applicable stage target | One day max 40% of final target |
| Minimum Trading/Active Days | 5 days | 7 days |
| Minimum Trade Holding Time | 30 seconds | 45 seconds |
| Max Account Duration Before Review | 90 days | 120 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days | Withheld or terminated after 30+ inactive days |
| Review Required | Yes | Yes |
| Automatic Approval | No | No |
The 2 Step path is designed for traders who prefer a staged evaluation. The 1 Step path is designed for traders who want a shorter evaluation route with a higher performance target.
Evaluation rules explained with practical examples
These examples show how evaluation rules can affect a challenge even when a trader is profitable. The applicable account record and published rules control the final outcome.
Daily trailing drawdown breach example
If a plan allows 5% daily trailing drawdown, the trader must stop before the account uses that limit during the trading day. A later recovery does not undo a breach that already occurred.
Overall trailing drawdown example
If a plan allows 10% overall trailing drawdown, the trader must keep total drawdown usage below that threshold throughout the evaluation. The rule protects the account across the full challenge.
Max loss per trade example
If the active stage allows a 10% max loss per trade, one trade must not use more than that permitted risk. Oversized trades can fail review even when the trader later becomes profitable.
Best day rule example
If the applicable F&O 1 Step evaluation target is ₹20,000, no single trading day may contribute more than ₹10,000 toward that target. For Stocks 1 Step, the single-day cap is 40% of the final target.
Minimum trading or active days example
A 2 Step challenge requires five trading days per stage. The F&O 1 Step path requires five active days, while the Stocks 1 Step path requires seven active days. Reaching a performance target early does not remove the minimum-day requirement.
Minimum trade holding time example
Trades must remain open for at least 30 seconds. A trade closed sooner can violate the challenge conditions even when it is profitable.
Inactivity rule example
If a trader leaves the account inactive for more than 30 days, TradeIQ may withhold or terminate the account even if no trading loss rule was breached.
What happens after a breach
A critical breach can cause challenge failure, disqualification, or loss of eligibility for funded-stage or reward review. Traders should monitor risk usage before placing another trade.
Rules that affect reward eligibility
Evaluation rules continue to matter when a trader requests reward review. Daily trailing drawdown, overall trailing drawdown, max loss per trade, trading-day requirements, holding time, account status, verification, and manual review can affect eligibility.
Where eligible and approved, the published approved reward share is 80% to the trader and 20% to TradeIQ Capital.
Reward approval is not automatic. Review the reward policy before starting an evaluation.
Funded accounts only
Funded Account Rules After Evaluation
These funded account rules apply only after a trader passes the evaluation stage, receives funded simulated account approval, and starts the funded stage. They do not replace the Step 1, Step 2, or 1 Step evaluation rules above.
| Funded Account Rule | Requirement |
|---|---|
| Applies From | Only after evaluation is passed and the funded simulated account is active |
| Daily Loss Limit | 5% of funded account balance |
| Overall Loss Limit | 10% of funded account balance |
| Best Day Rule | Largest winning day cannot contribute more than 45% of funded-cycle profit |
| Inactivity Breach | More than 20 days of funded-account inactivity can breach the funded account |
| Manual Review | Reward requests remain subject to rule checks, KYC, and approval |
Important funded-stage boundary
The 5% daily loss, 10% overall loss, 45% best day rule, and 20-day inactivity breach are funded account controls. They apply once the evaluation has been completed and the funded simulated account is active, not during the evaluation stage.
2 Step Prop Firm Challenge Rules
The 2 Step Challenge is a structured simulated evaluation path for traders who want to prove performance across two stages. Each stage checks whether the trader can meet the performance target while respecting drawdown limits and trade discipline rules.
Step 1 Rules
| Rule | Value |
|---|---|
| Performance Target | 10% |
| Daily Trailing Drawdown | 5% |
| Overall Trailing Drawdown | 10% |
| Max Loss Per Trade | 10% |
| Best Day Rule | Single day cannot exceed 50% of the applicable stage target |
| Minimum Trading Days | 5 days |
| Minimum Trade Holding Time | 30 seconds |
| Max Account Duration Before Review | 90 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days |
Step 2 Rules
| Rule | Value |
|---|---|
| Performance Target | 5% |
| Daily Trailing Drawdown | 5% |
| Overall Trailing Drawdown | 10% |
| Max Loss Per Trade | 10% |
| Best Day Rule | Single day cannot exceed 50% of the applicable stage target |
| Minimum Trading Days | 5 days |
| Minimum Trade Holding Time | 30 seconds |
| Max Account Duration Before Review | 90 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days |
Best day rule
During the evaluation stage, profit from a single trading day is capped by the applicable market and stage rule. F&O 1 Step uses 50% of the final target, Stocks 1 Step uses 40% of the final target, and 2 Step uses 50% of the applicable stage target.
Inactivity rule
The account may be withheld or terminated if the user is inactive for more than 30 days.
2 Step Simulated Balances and Evaluation Fees
| Simulated Evaluation Balance | F&O Fee | Stocks Fee |
|---|---|---|
| ₹2,00,000 | ₹2,999 | ₹4,499 |
| ₹5,00,000 | ₹6,999 | ₹8,499 |
| ₹10,00,000 | ₹10,999 | ₹12,499 |
1 Step Prop Firm Challenge Rules
The 1 Step Challenge is a shorter trader evaluation path for users who want a direct assessment route. F&O and Stocks use separate 1 Step risk settings, so review the market-specific rules before choosing a plan.
F&O 1 Step Rules
| Rule | Value |
|---|---|
| Performance Target | 10% |
| Daily Trailing Drawdown | 5% |
| Overall Trailing Drawdown | 10% |
| Max Loss Per Trade | 5% |
| Best Day Rule | Single day cannot exceed 50% of the final target |
| Minimum Active Days | 5 days |
| Minimum Trade Holding Time | 30 seconds |
| Max Account Duration Before Review | 180 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days |
Stocks 1 Step Rules
| Rule | Value |
|---|---|
| Performance Target | 12% |
| Daily Trailing Drawdown | 3% |
| Overall Trailing Drawdown | 8% |
| Max Loss Per Trade | 3% |
| Best Day Rule | One day max 40% of final target |
| Minimum Active Days | 7 days |
| Minimum Trade Holding Time | 45 seconds |
| Max Account Duration Before Review | 120 days |
| Inactivity Rule | Withheld or terminated after 30+ inactive days |
1 Step Simulated Balances and Evaluation Fees
| Simulated Evaluation Balance | F&O Fee | Stocks Fee |
|---|---|---|
| ₹2,00,000 | ₹4,499 | ₹5,999 |
| ₹5,00,000 | ₹8,499 | ₹9,999 |
| ₹10,00,000 | ₹12,499 | ₹13,999 |
Best day rule
During the evaluation stage, profit from a single trading day is capped by the applicable market and stage rule. F&O 1 Step uses 50% of the final target, Stocks 1 Step uses 40% of the final target, and 2 Step uses 50% of the applicable stage target.
Inactivity rule
The account may be withheld or terminated if the user is inactive for more than 30 days.
Understanding the Evaluation Rules
Each rule is designed to assess discipline, risk control, and consistency rather than profit alone.
Performance Target
The performance target is the percentage return a trader must reach during the evaluation. A trader must achieve the performance target while also respecting all risk and drawdown rules.
Daily Trailing Drawdown
Daily trailing drawdown is the maximum permitted loss usage within a trading day. Breaching the daily drawdown rule may result in challenge failure even if the account later recovers.
Overall Trailing Drawdown
Overall trailing drawdown is the maximum total drawdown allowed during the evaluation. This rule is used to assess whether the trader can protect capital over the full challenge period.
Max Loss Per Trade
Max loss per trade limits how much risk a trader can take on a single trade. This helps prevent oversized trades and encourages disciplined position sizing.
Best Day Rule
During the evaluation stage, profit from one trading day is capped by the applicable market and stage rule. F&O 1 Step uses 50% of the final target, Stocks 1 Step uses 40% of the final target, and 2 Step uses 50% of the applicable stage target.
Minimum Trading Days or Active Days
Minimum trading days or active days help assess consistency. A trader must participate across the required number of days before becoming eligible for review.
Minimum Trade Holding Time
The minimum trade holding time is 30 seconds. This rule helps prevent unrealistic trade behaviour and encourages cleaner evaluation data.
Max Account Duration Before Review
The maximum account duration defines how long a trader has to complete the evaluation before funded-stage or reward review.
Inactivity Rule
If a user remains inactive for more than 30 days, the account may be withheld or terminated. Traders should keep the account active and contact support before long breaks.
Risk controls
What Can Cause a Challenge to Fail?
A TradeIQ Capital evaluation may fail if the trader breaches risk limits, violates platform rules, manipulates trade entries, or fails to meet the required evaluation conditions.
What Happens After Passing?
Passing an evaluation challenge may make a trader eligible for funded-stage or reward review. Approval is not automatic. TradeIQ Capital reviews performance quality, rule compliance, KYC, risk behaviour, consistency, account status, and internal approval requirements before any review decision.
Compliance-Safe Disclaimer
TradeIQ Capital is a trader evaluation and proprietary trading assessment platform. It does not provide investment advice, trade signals, buy/sell recommendations, research recommendations, copy trading, or assured returns. Evaluation accounts use virtual balances. Funded-stage and reward eligibility are subject to rule completion, KYC, performance review, and approval.
Related reading
Read These Before Starting a Challenge
These guides explain prop firm basics, funded-style reviews, legality, F&O risk, drawdown, and practical challenge discipline in beginner-friendly language.
Prop Trading Basics
What Is a Prop Firm?
Learn what a prop firm means in trading, how prop firms work, what prop firm capital means, common rules, risks, and what Indian traders should check.
Review Eligibility
How Funded Trading Accounts Work in India: Evaluation, Rules and Eligibility
Learn how funded trading accounts work in India through simulated evaluations, virtual capital, drawdown limits, rule-based progress, and review eligibility.
Legal and Risk
Are Prop Firms Legal in India? What Traders Should Know
Learn how Indian traders should think about prop firm legality, SEBI registration claims, simulated evaluations, brokers, advisers, and platform verification.
Evaluation Guide
Prop Trading Evaluation in India
Learn how a prop trading evaluation program works in India, including virtual accounts, targets, drawdown rules, minimum trading days, manual review, risks, and TradeIQ Capital's simulated evaluation model.
Challenge Guide
How to Pass a Prop Firm Challenge: A Practical Guide for Indian Traders
Learn how to pass a prop firm challenge with practical rules, risk management, drawdown control, position sizing, and discipline tips for Indian traders.
F&O Evaluation
F&O Prop Firm India: Simulated Evaluation Guide for Indian Traders
Explore how F&O prop firm-style evaluations work in India using simulated trading, virtual capital, risk limits, drawdown rules, and performance tracking.
Risk Rules
Trailing Drawdown Rules Explained for Prop Firm Challenges
Understand trailing drawdown rules in prop firm challenges, how they differ from daily loss and max drawdown, and how Indian traders can manage risk better.
Compare TradeIQ with others to find the best prop firm in India
Rules are only one part of the decision. Compare market fit, true cost, drawdown compatibility and trader type before choosing any simulated evaluation account.
Evaluation Rules FAQ
Straight answers about TradeIQ Capital challenge rules and funded-stage or reward review.
TradeIQ Capital challenge rules include performance targets, daily trailing drawdown limits, overall trailing drawdown limits, max loss per trade, the evaluation-stage best day rule, minimum trading or active days, minimum trade holding time, inactivity limits, and max account duration. The exact rules depend on whether the trader chooses a 1 Step or 2 Step path and whether the challenge is F&O or Stocks.
TradeIQ Capital is built as a simulated trader evaluation platform for traders looking for structured rule-based challenges in India. Funded-stage or reward eligibility depends on challenge completion, rule compliance, KYC, review, and approval.
The 1 Step Challenge is shorter, with a 10% F&O performance target and a 12% Stocks performance target. The 2 Step Challenge has two stages with a 10% Step 1 target and a 5% Step 2 target. The better option depends on the trader's style, discipline, preferred market, and evaluation path.
During the evaluation stage, profit from a single trading day is limited by the applicable market and stage rule. F&O 1 Step uses a 50% final-target cap, Stocks 1 Step uses a 40% final-target cap, and 2 Step uses 50% of the applicable stage target.
No. Passing a challenge makes the trader eligible for review only. Final approval depends on performance metrics, risk behaviour, rule compliance, KYC, and internal review.
Reward eligibility can be affected by daily and overall drawdown, maximum loss per trade, trading-day requirements, holding time, inactivity, account review, KYC, and verification. Where eligible and approved, the published reward share is 80% to the trader and 20% to TradeIQ Capital.
The account may be withheld or terminated if the user is inactive for more than 30 days. Traders should keep the account active and contact support before an extended break.
No. A later recovery does not automatically reverse a rule breach. The account can still fail or become ineligible for review according to the applicable challenge rules.
Ready to review the challenge plans?
Choose a 1 Step or 2 Step path and review the rules before starting.