About
Built by people who
lost payouts too.
ForgeFunded exists because three Dalal Street prop traders and a risk quant got tired of watching good Indian traders lose accounts to rules nobody showed them up front.
- ₹42.6 Cr
- Paid to traders · since 2021
- 38,400+
- Accounts funded · across 24 states
- 11 hrs
- Median payout · after approval
- 4.8 / 5
- Trader rating · 3,912 reviews
Our story
Five years, one policy
In 2021 we published a rulebook and a payout cycle and promised never to change them retroactively. Everything since has been built around keeping that promise at scale.
- 2021
Founded in Mumbai
Three Dalal Street prop desk traders and a risk quant leave a large brokerage to build the firm they wished existed.
- 2022
First ₹1 Cr paid
The static drawdown model and 14-day payout cycle ship as permanent policy, not a promotion.
- 2024
NSE co-location
Execution moves in-house at the NSE data centre in BKC. Median order latency drops below 30 milliseconds.
- 2025
MCX & currency added
Commodity and currency derivatives open on every account size, with the full evening session.
- 2026
38,400 accounts
₹42.6 Cr paid to traders across 24 states, with monthly public payout reporting.
Leadership
Named, reachable, accountable
Ananya Deshpande
Co-founder & CEO
12 years on a Mumbai brokerage prop desk. Built the payout policy she was denied as a junior trader.
Idris Bello
Co-founder & Head of Risk
Former risk quant. Designed the static drawdown model and the pre-breach alert system.
Karan Malhotra
Head of Trading Ops
Ran execution infrastructure for a national broker. Owns our NSE co-location stack in BKC.
Ritu Nair
Head of Trader Success
Funded F&O trader since 2016. Leads the analyst team that reviews every evaluation pass by hand.
Trust & security
Evidence, not adjectives
Segregated payout reserve
Trader payout reserves are held in a separate escrow account with a scheduled Indian bank, reconciled monthly.
Independent quarterly audit
A Chartered Accountant firm audits payout claims against settlements. Summaries are published in the payout report.
Published rulebook version history
Every rule change is versioned and dated. Existing accounts stay on the rulebook they signed.
Real company, real people
ForgeFunded Technologies Pvt Ltd, registered in Maharashtra with a verifiable CIN, GSTIN, named leadership and a Mumbai office.
What we optimise for
Three commitments
Publish first, promise later
Any claim we make on this site is backed by a number we publish monthly, or we do not make it.
The rulebook is a contract
Rules are versioned. Your account stays on the version you signed, forever, even when we change ours.
Win when traders win
Our revenue model depends on funded traders surviving, not on evaluation churn.
Your edge deserves
real capital
Start today from ₹1,499, trade Equity, F&O, Currency or MCX your way, and get paid in rupees on exactly the terms you were shown on day one.
Trade · Prove · Get Funded — evaluation fee refunded with your first INR payout.