Terms & Conditions

NiftyProp is a brand and trading name of IndieFunded Private Limited, a company incorporated in India under the Companies Act, 2013 on 25 August 2026, with Corporate Identity Number (CIN) U85499RJ2026PTC117436 and GST Identification Number (GSTIN) 08AAJCI0982R1ZR, having its registered office at Ward No. 3, Hari Nagar, Behind Birla Museum, Ceeri Pilani, Pilani Town, Jhunjhunu, Rajasthan 333031, India.

Wherever these Terms say "NiftyProp", "we", "us" or "our", they mean that company. Any contract you enter into by purchasing on this website or the trader dashboard is a contract with it and with no other person.

• Legal name: IndieFunded Private Limited
• CIN: U85499RJ2026PTC117436 · GSTIN: 08AAJCI0982R1ZR
• Registered office: Ward No. 3, Hari Nagar, Behind Birla Museum, Ceeri Pilani, Pilani Town, Jhunjhunu, Rajasthan 333031, India
• Email: support@niftyprop.in · WhatsApp: +91 7627 029 791

These Terms & Conditions ("Terms") are a binding agreement between you and IndieFunded Private Limited, trading as NiftyProp, governing your use of our website (www.niftyprop.in), the trader dashboard (trader.niftyprop.in), the NiftyProp Web simulator (web.niftyprop.in), and the programmes, content and support we provide (together, the "Services").

By creating an account, making a purchase or otherwise using the Services, you confirm that you have read and agree to these Terms and to the documents they refer to: the Trading Rules, Privacy Policy, Refund & Cancellation Policy, Shipping & Delivery Policy, Cookie Policy and Risk Disclosure. If you do not agree, do not use the Services.

• "Programme" means a trading skill evaluation programme we offer, currently Instant, 1-Step and 2-Step.
• "Account" means a simulated trading account issued to you under a Programme.
• "Virtual balance" means the notional amount an Account is simulated to hold. It is not money, cannot be withdrawn and has no cash value.
• "Evaluation" means the phase or phases of a Programme in which your trading is evaluated against published objectives.
• "Reward stage" means the stage an Account enters after passing an Evaluation, or immediately for an Instant Account.
• "Performance reward" means a payment we may make to you under section 10 (Performance rewards).
• "Programme fee" means the one-time fee you pay for access to a Programme and an Account.

Our website, advertising and support use the everyday words of the prop trading industry. Wherever they appear, they have the meanings below and do not change anything in these Terms:

• "Challenge" means an Evaluation, and "challenge fee" means the Programme fee.
• "Funded account", "funded trader" and "getting funded" refer to an Account in the Reward stage. A funded account is a simulated Account with a Virtual balance: it is not money, no capital is provided, lent or entrusted to you, and nothing is traded on any exchange.
• "Account size" and "simulated capital" mean the Virtual balance.
• "Payout" means a Performance reward, and "profit split" means the reward share used to calculate it.

You must be at least 18 years old and competent to contract under the Indian Contract Act, 1872. You may hold one user profile, in your own name, with accurate details. You are responsible for keeping your login credentials confidential and for all activity under your profile.

We may ask you to verify your identity at any time, and we require identity verification (KYC), including a bank account or UPI ID in your own name, before any Performance reward is paid. We may refuse, suspend or close a profile where information is false or cannot be verified.

You are responsible for ensuring that your use of the Services is lawful where you live.

The Services are a trading education and skill evaluation service. We provide access to a trading simulator, structured Evaluations with published rules, performance analytics, learning material and support. Our tax invoices describe this as other education and training services (SAC 999294).

All trading through the Services is simulated. Orders are not sent to any stock exchange, no securities are bought or sold for you, and Virtual balances are not money. Simulated prices and fills may differ from what would be available in a live market.

NiftyProp is not a stockbroker, sub-broker, exchange, clearing member, depository participant, portfolio manager, investment adviser or research analyst, and is not registered with the Securities and Exchange Board of India (SEBI) in any capacity. We do not accept deposits, pool or manage money, or offer any investment product. The Programme fee is a charge for a service; it is not a deposit, an investment or trading capital, and it is not traded.

Nothing in the Services, including our guides, analytics and support, is investment, financial, tax or legal advice, or a recommendation to buy, sell or hold any security.

Programme fees are displayed in Indian Rupees on the website and at checkout. The price shown at checkout when you pay is the price you are charged. Prices may change at any time, but a change does not affect a purchase already completed.

Where the website says prices include GST, the displayed price is the full amount payable. Otherwise GST is added at checkout and shown before you pay. We issue a GST tax invoice for every purchase to the email address on your profile.

Payments are processed by third-party payment gateways. We do not receive or store your full card, UPI PIN or net banking credentials. Your use of a payment method is also subject to the payment provider's terms.

Discount codes, NiftyProp Points and promotional prices are subject to their stated conditions, may be limited in time or quantity, cannot be combined unless stated, and may be changed or withdrawn at any time for future purchases. Launch prices, including the ₹999 Starter, may be withdrawn for new purchases without notice.

The Services are delivered digitally. No physical goods are shipped. On confirmation of payment, your Account is made available in the trader dashboard and confirmation is sent to your registered email address, usually within minutes and in any case within 24 hours. If access is not provided within 24 hours, contact us and we will either provide access or refund the Programme fee in full. See the Shipping & Delivery Policy.

You may cancel a purchase and receive a full refund if you request it within 7 days of payment and no trade has been placed on the Account. Once any trade has been placed, the Programme fee is treated as used and is not refundable, whether or not you pass the Evaluation. Approved refunds are made to the original payment method within 5–7 business days. The Refund & Cancellation Policy sets out the full terms and forms part of these Terms.

For a Programme purchased on or after 14 September 2026, the Programme fee actually paid for that purchase is refunded once the third Performance reward earned on it has been paid, on the conditions in the Refund & Cancellation Policy. This refund is paid to your verified reward account rather than the original payment method, once per purchase, and does not change the discretionary nature of Performance rewards.

Each Account is subject to the objectives, loss limits, minimum trading days, inactivity rule and other conditions published on the Trading Rules page and shown in the trader dashboard at the time of purchase (the "Rules"). Breaching a loss limit or other Rule ends the Account. No amount is payable by you as a result of a breach.

Simulated trading charges modelled on a discount broker's charges for NSE index options (brokerage, securities transaction tax, exchange and SEBI fees, stamp duty and GST, at the rates published on the Trading Rules page) are deducted from an Account's Virtual balance on each simulated order. Objectives, loss limits and Performance rewards are measured after these charges. They are not payable by you and are not collected by NiftyProp. Statutory rates may be updated when the government or the exchange changes them.

We may change the Rules for future purchases. We will not make a change to the Rules of an active Account that materially disadvantages you except where required by law, to correct an obvious error, or to address abuse, and we will notify you in advance where reasonably practicable.

Passing an Evaluation moves you to the Reward stage and entitles you to a certificate. It does not create any employment, partnership, agency or investment relationship with NiftyProp, and does not give you any right to real money to trade.

A Performance reward is a discretionary incentive that NiftyProp pays from its own funds to a trader whose Account in the Reward stage meets all published conditions. It is calculated as the applicable reward share of the simulated profit for a completed reward cycle, less any amounts excluded by the Rules (such as the Instant profit buffer).

• A reward must be requested through the trader dashboard when the reward window is open.
• Every request is subject to review, including checks for Rule breaches and prohibited conduct, and to completed KYC with a bank account or UPI ID in your own name.
• Performance rewards are not a return on, or a refund of, the Programme fee (the fee refund with the third reward is a separate payment under the Refund & Cancellation Policy); are not wages, interest or investment income; and are not guaranteed. Past rewards do not indicate future rewards.
• We may withhold, adjust or reverse a reward that was requested or paid in breach of these Terms or the Rules, or as a result of a technical error in the simulator, and may recover any amount paid in error.
• You are responsible for any tax on rewards you receive. We will deduct tax at source where the law requires it and provide the related documentation.

You agree not to use the Services in a way that exploits the simulator rather than demonstrating trading skill, or that is unlawful or harms others. This includes, without limitation:

• Exploiting delays, off-market or erroneous prices, or other defects in the simulated feed or execution.
• Coordinated, group or copy trading, sharing an Account, or taking opposite positions across Accounts or with other people.
• Using automated tools, scripts or bots except where we have expressly allowed them.
• Trading within any restricted window that applies to your Account, or abusing execution around scheduled events or expiry.
• Creating more than one user profile, using another person's identity, or providing false KYC information.
• Reverse engineering, scraping, overloading or interfering with the Services.
• Presenting the Services, or any certificate or reward, as evidence of live trading returns, or as an investment opportunity, to any other person.

If we reasonably believe prohibited conduct has occurred, we may close the affected Accounts, withhold rewards and refuse future purchases. Programme fees for Accounts closed under this section are not refundable.

Our guides, analytics and other content are general education. They are not tailored to your circumstances and are not advice. You should not make real investment decisions based on them.

All content, software, trademarks and materials in the Services belong to NiftyProp or its licensors. We grant you a limited, personal, non-exclusive, non-transferable licence to use the Services for their intended purpose while your profile is in good standing. You may not copy, resell, sublicense or create derivative works from the Services without our written consent.

The Services are provided on an "as is" and "as available" basis. While we work to keep them accurate and available, we do not warrant that the Services, market data or the simulator will be uninterrupted, error-free or identical to live market conditions.

To the maximum extent permitted by law, NiftyProp is not liable for any indirect, incidental, special or consequential loss, or for any loss of profit, opportunity or data, arising from your use of the Services, including any decision you make to trade in live markets. Our total liability for any claim relating to an Account is limited to the Programme fee you paid for that Account.

Nothing in these Terms excludes or limits any liability, or any right you have as a consumer, that cannot be excluded or limited under applicable law, including the Consumer Protection Act, 2019.

You may stop using the Services and close your profile at any time by writing to us. We may suspend or terminate your access for breach of these Terms, suspected fraud, where required by law, or if we discontinue the Services. If we discontinue a Programme for reasons other than your breach, we will refund the Programme fee for any Account on which no trade has been placed, and treat active Accounts fairly, which may include a pro-rata refund or honouring eligible rewards.

Sections that by their nature should survive termination, including those on rewards already due, liability, intellectual property and disputes, continue to apply.

We are not responsible for delay or failure to perform caused by events beyond our reasonable control, including exchange or data-provider outages, internet or power failures, natural disasters, government action or other force majeure events.

If you have a complaint, please write to support@niftyprop.in (Grievance Officer: Garvit Karagwal, CEO). We acknowledge every grievance within 48 hours and aim to resolve it within 30 days.

These Terms are governed by the laws of India. Subject to your rights under consumer protection law to approach a consumer commission, the courts at Jhunjhunu, Rajasthan have exclusive jurisdiction over any dispute arising out of or in connection with the Services.

We may update these Terms. The version on this page, with its date, is current. Changes apply to purchases made after they are published; for active Accounts, section 9 (Programme rules) applies. If you continue to use the Services after a change takes effect, you accept the updated Terms.