TL;DR: Tradescape (tradescape.co.in) is a crypto-only prop firm based in Gurugram, India, that launched publicly in July 2025. Everything is priced and paid in Indian rupees: you buy a challenge through UPI, trade USDT pairs on the firm’s own web platform, and receive payouts to an Indian bank account after KYC. On October 11, 2026 it sold five account lines: Spot 2-Step and Spot 1-Step (no leverage, one-time fees from ₹999), Leverage 2-Step and 1-Step (up to 1:10, from ₹1,499 and ₹1,899), and Leverage Instant Funding (a monthly subscription from ₹2,499). GST of 18% is added at checkout, and the checkout adds percentage surcharges for a higher profit split, a faster payout cycle, the Spot 1-Step path and a looser consistency threshold. Code NEW10 takes 10% off. The firm deducts 30% TDS from every payout. Trustpilot showed 4.2 from 20 reviews, and BestProps found no Reddit discussion of the firm. Accounts are simulated, the firm says it is not SEBI-registered, and its “FIU-registered” claim could not be matched to a public register.
Research status: Checked October 11, 2026 against Tradescape’s home, pricing (every tab), rules (Spot and Leverage), payout, how-it-works, FAQ (all categories), offer, about, market assets, terms and conditions, refund, KYC, AML and disclaimer pages, plus the rule, price and checkout data the site loads into the browser. The firm’s LinkedIn posts, its Trustpilot profile and a Reddit search were read the same day. Prices were read from the firm’s public pages and checkout code on that date and were not verified by purchase. BestProps did not open an account, pass a challenge or request a payout.
Tradescape review verdict
Tradescape is a small, young firm built for one audience: crypto traders in India who want to pay in rupees through UPI and be paid into an Indian bank account. That focus is its main strength. There is no dollar card payment, no crypto payout and no third-party platform to set up. You trade on Tradescape’s own browser platform, and the firm publishes most of its rules, with worked examples, on its rules page.
The entry prices are low in rupee terms. A ₹1,00,000 Spot 2-Step challenge lists at ₹1,999, which comes to ₹2,123 after the NEW10 code and 18% GST. The Spot accounts have no leverage and a 20% per-coin cap, so they work more like a disciplined portfolio test than a fast scalping challenge. The Leverage accounts allow long and short trades at up to 1:10, but they charge a 0.50% fee on every close, and that fee counts against the daily and maximum loss limits.
Four things count against it. First, the headline price is rarely the price you pay: the checkout adds surcharges of 15% or 30% of the base fee for better payout terms, and the Spot 1-Step path costs 30% more at checkout than its pricing card suggests. Second, the firm deducts 30% TDS from every payout, so the money that reaches your bank is well below your profit share. Third, the track record is short. The firm launched in July 2025, its own site reports total payouts of “INR 300K+” (about ₹3 lakh), and it has 20 Trustpilot reviews and no Reddit footprint. Fourth, its pages contradict each other on several rules, including how the Spot maximum loss moves, the Leverage 2-Step targets and the payout cycle. These are listed under source conflicts.
BestProps does not give Tradescape a numeric score. If you buy, start with a small account, keep written copies of the rules for your exact plan, and treat the Spot maximum loss as trailing until the firm confirms otherwise in writing.
Is Tradescape legit? Company, registration and track record
Tradescape has an identifiable Indian business behind it, a working checkout, published terms, a support desk and public trader reviews going back to September 2025. In this review, “legit” means the firm sells what it describes and the business behind it can be identified. It does not mean the firm is regulated as a broker or investment adviser, or that every payout request will be approved.
| Fact | What is published | Where it is stated |
|---|---|---|
| Business name | “M/S Tradescape” owns the platform content. “M/S” is the usual Indian style for a firm or partnership rather than a private limited company | Terms and Conditions, section 13 |
| Address | 644, Udyog Vihar Phase-5, Gurgaon, Haryana 122016 | Site footer |
| GST number | 06AAXFT8580D1ZJ. The “06” prefix is Haryana’s state code, which matches the address. The fourth character of the embedded tax ID is “F”, the code Indian tax IDs use for a firm. BestProps did not look the number up in the GST portal | Site footer |
| FIU claim | “FIU-Registered Crypto Prop Firm – 1503701”. BestProps could not find this number or the firm’s name in any public FIU-IND list. FIU-IND registration is an anti-money-laundering reporting registration, not a licence to offer trading | Site footer, About |
| Regulation | “Tradescape is neither a SEBI-registered entity nor a financial advisor” | Disclaimer |
| Founders | Aniket Mittal and Dhruv Narula, both listed as co-founders | About |
| Team size | 2 to 10 employees, six people listed | LinkedIn company page |
| Launch | Terms effective July 1, 2025. A LinkedIn post on July 3, 2025 announced the launch | Launch post |
| Disputes | Indian law, courts of Gurugram, with arbitration under the Arbitration and Conciliation Act, 1996 after negotiation | Terms, section 20 |
| Firm’s own figures | 4.5K+ active traders, INR 70 lakh+ funded capital, INR 300K+ total payouts, “100% payout success rate” | Home, About and Payout pages (not independently checked) |
Read the firm’s own figures together. “INR 70 lakh+ funded capital” is the combined size of simulated accounts, not money placed with traders. “INR 300K+ total payouts” is about ₹3 lakh, or roughly $3,100 at the firm’s own conversion rate, paid across all traders since launch. One payout shown on the payout page, ₹30,647, is about a tenth of that total. These figures describe a business that is real but still small.
Several unrelated companies use the Tradescape name, including a UK decking supplier and an older US brokerage. The prop firm in this review uses only tradescape.co.in. Check the domain before paying.
Simulated accounts, fund safety and regulation
Every Tradescape account is simulated. The terms call the service “a performance-based virtual trading platform” and say “No real money investment or regulated trading activity occurs on the platform unless explicitly stated.” The how-it-works FAQ says traders “do not trade live market capital during the evaluation” and that eligible traders “can receive real INR payouts based on their simulated trading performance.”
So the answer to “does trading on Tradescape get you real money?” is yes, but only through the payout contract. Your account balance is a number in the firm’s system. When you request a payout and the firm approves it, the firm pays you in rupees from its own business. There is no deposit of yours sitting in a trading account, and no broker or exchange holds client funds on your behalf.
That shapes what “fund safety” means here. The money at risk is the challenge fee, the add-on charges and the GST you pay, plus any unpaid profit share. All payments are non-refundable except for verified technical failures and duplicate charges. If the firm stopped operating, there is no investor compensation scheme that covers challenge fees.
Tradescape’s July 2025 launch post on LinkedIn described “real capital at stake”, and a later company post referred to “a regulated environment”. Both sit uneasily with the firm’s own terms and disclaimer, which describe a simulated service and say the firm is not SEBI-registered. BestProps reads the terms as the controlling document.
The five account lines compared
Tradescape splits its plans into Spot Trading (buy and sell only, no leverage, no shorting) and Leverage Trading (long or short, up to 1:10). The table shows the rules each line printed on October 11, 2026. Rupee sizes are the firm’s labels. The firm notes that USD values are approximate conversions.
| Line | Sizes | Fee type | Profit target | Daily loss | Max loss | Min days | Inactivity limit | Splits offered |
|---|---|---|---|---|---|---|---|---|
| Spot 2-Step | ₹35K to ₹30 lakh | One-time | 9% then 4% | 5% | 11% | 4 trading days | 14 days | 80%, 90%, 100% |
| Spot 1-Step | ₹75K to ₹30 lakh | One-time | 9% | 4% | 9% | 4 trading days | 14 days | 80%, 90%, 100% |
| Leverage 2-Step | ₹35K to ₹3 lakh | One-time | 12% then 10% (rules page) | 5% | 12% | None in evaluation, 7 before a funded payout | 6 days | 70%, 80%, 90% |
| Leverage 1-Step | ₹35K to ₹3 lakh | One-time | 8% | 4% | 8% | None in evaluation, 7 before a funded payout | 6 days | 70%, 80%, 90% |
| Instant Funding | ₹35K to ₹3 lakh | Monthly subscription | None | 3% | 7% | 7 days | 6 days | 70%, 80%, 90% |
The Spot lines are the cheapest per rupee of account size and the slowest to pass, because a 9% gain without leverage, spread across several coins, takes real price movement. The Leverage lines are smaller and pricier but let you short and use 1:10. Instant Funding skips the challenge and starts you in the funded phase, but you pay every month and the loss limits are the tightest.
Tradescape pricing by account size
These are the list prices on the pricing page on October 11, 2026, with the default (no-surcharge) options. The last column adds the 10% NEW10 discount and 18% GST, using the same order the checkout code uses: discount first, then GST on the discounted amount, rounded to the rupee. Read from the firm’s public pages on October 11, 2026; not verified by purchase.
Spot 2-Step and Spot 1-Step
| Account size | Firm’s USD label | List price | With NEW10 and GST |
|---|---|---|---|
| ₹35,000 (2-Step only) | $362 | ₹999 | ₹1,061 |
| ₹75,000 | $776 | ₹1,499 | ₹1,592 |
| ₹1,00,000 | $1,034 | ₹1,999 | ₹2,123 |
| ₹2,00,000 | $2,068 | ₹3,499 | ₹3,716 |
| ₹6,00,000 | $6,205 | ₹6,999 | ₹7,433 |
| ₹10,00,000 | $10,342 | ₹9,999 | ₹10,619 |
| ₹15,00,000 | $15,513 | ₹14,499 | ₹15,398 |
| ₹30,00,000 | $31,027 | ₹17,999 | ₹19,115 |
The Spot 1-Step cards show the same list prices as 2-Step. The checkout code, however, adds a 30% surcharge when you pick 1-Step, so a ₹1,00,000 Spot 1-Step costs ₹2,599 before discount and GST, not ₹1,999. See the add-ons section.
Leverage 2-Step, 1-Step and Instant Funding
| Account size | 2-Step list | 2-Step with NEW10 and GST | 1-Step list | 1-Step with NEW10 and GST | Instant Funding per month | Instant with NEW10 and GST |
|---|---|---|---|---|---|---|
| ₹35,000 ($362) | ₹1,499 | ₹1,592 | ₹1,899 | ₹2,017 | ₹2,499 | ₹2,654 |
| ₹75,000 ($776) | ₹2,499 | ₹2,654 | ₹3,199 | ₹3,397 | ₹4,499 | ₹4,778 |
| ₹1,00,000 ($1,034) | ₹3,499 | ₹3,716 | ₹4,499 | ₹4,778 | ₹5,999 | ₹6,371 |
| ₹2,00,000 ($2,068) | ₹5,999 | ₹6,371 | ₹7,499 | ₹7,964 | ₹10,999 | ₹11,681 |
| ₹3,00,000 ($3,103) | ₹8,499 | ₹9,026 | ₹10,499 | ₹11,150 | ₹15,999 | ₹16,991 |
Instant Funding is billed monthly. The pricing page does not say whether NEW10 applies to renewals or only the first month, and the terms let the firm change subscription prices “at any time” for new or existing subscribers. Budget for the full list price on renewals until the firm confirms otherwise.
The pricing cards also show an “Avg. Payout” figure for each size, such as ₹2,990 on the ₹1,00,000 Spot account and ₹15,500 on the ₹1,00,000 Instant account. In the site’s code these are fixed numbers written into the page, not figures calculated from published payout records. Treat them as marketing, not as data.
Checkout add-ons: what the final price really is
The plan builder adds a percentage of the base price for each upgraded option. These surcharges come from the checkout data the site loads into the browser on October 11, 2026. Read from the firm’s public checkout code on that date; not verified by purchase. The 10% NEW10 discount then applies to the whole subtotal, and 18% GST is added after the discount.
| Option | Spot accounts | Leverage and Instant accounts |
|---|---|---|
| Evaluation type | 2-Step +0%, 1-Step +30% | Priced separately per line |
| Profit split | 80% +0%, 90% +15%, 100% +30% | 70% +0%, 80% +15%, 90% +30% |
| Payout cycle | 28 days +0%, 14 days +15%, 7 days +30% | 28 days +0%, 14 days +15%, 10 days +30% |
| Consistency threshold | Not used | 70% +0%, 60% +15%, 50% +30% |
The cheapest configuration is always the one with the lowest split, the slowest payout cycle and, on Leverage, the strictest consistency threshold. The checkout’s own “Most Popular” preset picks the middle option on each row, which adds 30% (Spot: 90% split and 14 days) or 45% (Leverage: 80% split, 14 days and a 60% threshold) to the base price.
Three checkout totals worked through
- ₹1,00,000 Spot 2-Step, default options: ₹1,999, minus NEW10 (₹199.90) = ₹1,799.10, plus GST (₹323.84) = ₹2,123.
- ₹1,00,000 Spot 1-Step, 90% split, 14-day cycle: ₹1,999 + 30% + 15% + 15% = ₹3,198.40, minus NEW10 (₹319.84) = ₹2,878.56, plus GST (₹518.14) = ₹3,397, about 70% more than the 2-Step default.
- ₹2,00,000 Leverage 2-Step, “Most Popular” options (80% split, 14 days, 60% threshold): ₹5,999 + 45% = ₹8,698.55, minus NEW10 (₹869.86) = ₹7,828.69, plus GST (₹1,409.17) = ₹9,238.
Whether a surcharge pays for itself depends on how much you expect to withdraw. Moving a Spot account from an 80% to a 90% split adds 15% of the base fee once. On a ₹1,00,000 account that is about ₹300 before GST, which you recover after roughly ₹3,000 of gross profit paid out at the higher split.
Current offers, discount codes and past promotions
BestProps prints only offers the firm itself publishes. On October 11, 2026 Tradescape was running two.
| Offer | What it gives | Validity as published | Where it is published |
|---|---|---|---|
| Code NEW10 | 10% off all plans, applied to the subtotal including add-ons, before GST | Labelled “Ongoing Offer”, “Valid on eligible accounts”, no end date | Site-wide banner, pricing cards, offer page |
| No max daily loss limit | “Buy Any Tradescape Plan, Get NO MAX DAILY LOSS”, “One Plan. Zero Limit. More Freedom.” | October 2 to October 12, 2026, “T&C Apply” | Home page banner and offer page |
The second offer removes the daily loss limit for accounts bought during the window. The banner does not say whether it covers every line, whether it lasts for the life of the account or only the evaluation, or whether the maximum loss still applies. It almost certainly does, since only the daily cap is named. If you buy under this offer, screenshot the offer and the rules shown in your dashboard on the day of purchase. The offer ends on October 12, 2026, the day after this check.
The checkout also checks for a referral discount tied to your account and accepts other promo codes through a code box. Coupon sites list other Tradescape codes that BestProps could not confirm with the firm, so they are not reprinted here. A code is only real if the checkout accepts it and shows the reduced total before you pay.
Past promotions on the record
- The offer page shows a monthly offer calendar. July, August and September 2026 were marked “Offer ended”, October was live, and November and December were marked “Upcoming Offers”. The page does not describe the past offers.
- On August 10, 2026 the firm posted an Independence Day giveaway on LinkedIn: one entry per ₹1 spent on eligible plans, with a chance to win a ₹10 lakh funded account. The post says “Funded account prize, not cash.”
- On July 20, 2026 the firm posted that “pricing is getting an update this Friday” and that current pricing would be available “for a limited time only”.
The pattern so far is a standing 10% code plus a monthly promotion. BestProps does not predict future sale dates.
Spot account rules
Spot accounts trade crypto against USDT without leverage. A trade only counts as complete when you buy an asset and then sell it.
Targets and phases
Spot 2-Step needs 9% in Phase 1 and 4% in Phase 2. The balance resets to the starting amount after Phase 1. Spot 1-Step needs 9% once. When the target is reached without a rule breach, the account becomes funded automatically.
Daily and maximum loss
The daily loss limit is 5% (2-Step) or 4% (1-Step) of the initial balance, measured from the opening day balance, which includes open positions. It resets at 12:00 AM. The page does not name a time zone; the firm’s support hours are given in IST.
The maximum loss is 11% (2-Step) or 9% (1-Step) of the initial balance. The pricing cards label it “Static”, and the rules text says it is “locked to your starting capital it never moves”. But the same rule’s worked example shows the floor rising with the account: on a $1,000 1-Step account the minimum balance is $910, and after growth to $1,050 it “becomes $960”. The rules page also says the maximum loss is measured against your “highest recorded balance”, which includes unrealised profit. That makes the Spot limit behave like a trailing drawdown in practice. Plan for the stricter reading.
The 20% per-coin cap
Tradescape calls this its Spot “consistency rule”: you cannot put more than 20% of the initial balance into one coin. On a ₹1,00,000 account that is ₹20,000 per coin. To reach a 9% target, you therefore need gains across several positions, or a 45% move on one fully sized position.
Fees, minimum days and inactivity
Spot accounts charge 0.15% on sells only; buying is free. The fee counts toward the daily and maximum loss limits. Evaluations need at least 4 trading days, and an account fails if it is inactive for more than 14 days.
Leverage and Instant Funding rules
Leverage accounts take long or short positions with up to 1:10 leverage on supported markets. The rules below come from the rules page, Leverage tab.
Targets and loss limits
- 1-Step: 8% target, 4% daily loss, 8% maximum loss fixed to the starting balance.
- 2-Step: 12% in Phase 1 and 10% in Phase 2 according to the rules page and FAQ, with a balance reset between phases. The pricing cards list “Phase 1: 10%” and “Phase 2: 12%”. Both pages agree on 22% of combined progress; they disagree on the order. Daily loss 5%, maximum loss 12%.
- Instant Funding: no target, 3% daily loss, 7% maximum loss. All funded-account rules apply from the first trade.
Leverage evaluations have no minimum trading days and no consistency score. Both start in the funded phase: you must complete the minimum trading days (7 on the pricing cards) and meet your consistency threshold before a payout.
The 0.50% close fee
Opening a Leverage position is free. Closing it costs 0.50%, and the fee counts toward the loss limits. The firm’s example: selling 1,000 USDT worth of BTC costs 5 USDT. That is more than three times the Spot fee and it matters a great deal at high leverage. See example 3.
Dynamic leverage and the weekly reset
Leverage is recalculated every 24 hours for each coin based on volatility and liquidity. The firm’s example: BTC may get the full 1:10 while tokenised gold (XAUT) may drop to 1:7 for the next day. Every Sunday at 6:00 PM, all open leveraged positions are closed automatically, and trading resumes 30 minutes later. Overnight holds during the week are allowed.
Inactivity
A Leverage account that opens or closes no position for 6 consecutive days is terminated. The firm’s example: trade on Monday, skip until the following Sunday, and the account closes on Monday morning.
The consistency score, with a worked table
Funded Leverage and Instant accounts must meet a consistency score before a payout. Tradescape’s formula compares your best day with your total profit over a 7-day period:
Consistency score = (1 − highest single-day profit ÷ total profit) × 100
The score must be at or above the threshold you picked at checkout: 70% (no surcharge), 60% (+15%) or 50% (+30%). The firm’s example: ₹10,000 total profit over 7 days with a best day of ₹4,000 gives a score of 60%, which qualifies under a 50% threshold. A simple way to read it: your best day may be at most 30%, 40% or 50% of the 7-day profit, depending on the threshold you bought.
| 7-day profit | Best day | Score | 70% threshold | 60% threshold | 50% threshold |
|---|---|---|---|---|---|
| ₹10,000 | ₹2,500 | 75% | Pass | Pass | Pass |
| ₹10,000 | ₹3,000 | 70% | Pass | Pass | Pass |
| ₹10,000 | ₹4,000 | 60% | Fail | Pass | Pass |
| ₹10,000 | ₹5,000 | 50% | Fail | Fail | Pass |
| ₹10,000 | ₹6,500 | 35% | Fail | Fail | Fail |
If one big day pushes you below the threshold, the fix is more profitable days, not fewer. With a ₹4,000 best day and a 70% threshold, you need total 7-day profit of at least ₹13,334 (₹4,000 ÷ 0.30) before the score passes. The rules do not say how losing days inside the 7-day window are treated, so ask support before relying on a borderline score. The BestProps consistency rule calculator can run other numbers.
News, HFT, bots, weekends, resets and multiple accounts
| Question | Tradescape’s published answer |
|---|---|
| News trading | Allowed on all accounts, including CPI, FOMC and NFP releases. The normal fees still apply |
| High-frequency trading | “Strictly prohibited”. Any attempt triggers review and termination in any phase |
| Other banned strategies | Exploiting platform errors, latency arbitrage, market manipulation and “other unfair trading practices” |
| Bots and automation | The terms say users agree not to “Use bots, automation, or scripts to interact with the platform”. The FAQ says it “depends on the trading rules of your specific funded account”. Assume bots are not allowed unless support confirms otherwise in writing |
| Overnight and weekend | Spot positions can be held overnight and over weekends. Leverage positions can be held overnight but are closed every Sunday at 6:00 PM |
| Resets | One reset per account, offered after a daily-loss breach during the evaluation, for a fee the site does not publish. Other failures mean buying a new account |
| Multiple accounts | Allowed, including mixed Spot and Leverage accounts, “subject to the limits and terms” of the program. No number is published |
| Trading hours | Crypto trades 24 hours a day, seven days a week, apart from maintenance and the Sunday reset on Leverage |
Tradescape payouts, TDS and payout proof
How payouts work
- Cycle: chosen at checkout. Spot offers 28, 14 or 7 days; Leverage and Instant offer 28, 14 or 10 days. Faster cycles cost 15% or 30% of the base fee.
- Split: Spot 80%, 90% or 100%; Leverage and Instant 70%, 80% or 90%. The split is locked at purchase.
- Conditions: funded Leverage and Instant accounts must complete the minimum trading days and meet the consistency threshold. All payouts need completed KYC.
- Method: rupees to your verified Indian bank account. No crypto, PayPal or international transfer is offered.
- Timing: the rules page says an approved request is paid “within your chosen timeframe”. The payout page’s summary box says “Every 7 days” with processing “Within 24 Hours”. The firm’s pages do not agree on this point.
The 30% TDS deduction
The payout FAQ says: “We are required to deduct 30% TDS from your payout share. This deduction can be claimed as a refund upon ITR filing.” The KYC policy cites Section 194BA of the Income Tax Act, which covers tax deducted on online game winnings, and makes PAN mandatory. In practice, ₹10,000 of payout share arrives in your bank as ₹7,000, and the other ₹3,000 shows up as tax credited against your PAN. Whether you get any of it back depends on your total income and tax position when you file. Speak to a tax professional; BestProps is not giving tax advice.
Tradescape payout proof
The payout page features one payout: ₹30,647 credited on September 18, 2026 to a trader on a ₹3,00,000 Instant Leverage account with a 90% split and a 10-day cycle. It also shows nine smaller certificate tiles between November 2025 and March 2026, from ₹229 to ₹5,120. These are the firm’s own selections. BestProps did not see the bank records behind them, and the page does not say whether the amounts are before or after TDS.
Independent evidence is thin. One Trustpilot reviewer (April 1, 2026) reported a first payout of ₹1,500 that arrived in 10 days on a 14-day cycle, and another (October 1, 2026) wrote “Easy payouts”. No Reddit posts about payouts were found. The BestProps payout readiness checklist lists what to have ready before a first request.
Worked examples: cost, loss limits, fees and payouts
1. Passing a ₹1,00,000 Spot 2-Step
All-in cost with NEW10 and default options: ₹2,123. Phase 1 needs ₹9,000 of profit (balance ₹1,09,000). Phase 2 restarts at ₹1,00,000 and needs ₹4,000. With the 20% per-coin cap, five coins at ₹20,000 each would each need to average about 9% net of fees in Phase 1. Sell fees on a ₹1,09,000 exit come to about ₹164 at 0.15%, which counts as a loss.
2. The Spot maximum loss under both readings
On the same account the limit is 11%, or ₹11,000. Read as a fixed floor, the account fails below ₹89,000 whatever happens. Read the way the firm’s own example works, the floor follows your highest recorded balance: if equity peaks at ₹1,05,000, the floor moves to ₹94,000, and a fall back to ₹93,900 fails the account even though it is still near the starting balance. Trade to the second reading.
3. What the 0.50% close fee does at 1:10
Take a ₹1,00,000 Leverage 1-Step account with a 4% daily loss limit (₹4,000). At full 1:10 leverage, a position is worth ₹10,00,000. If the 0.50% close fee is charged on the full position value, as the firm’s 1,000 USDT example implies, closing it costs ₹5,000. That is more than the whole daily loss limit, before the market moves at all. On a 2-Step account (5%, ₹5,000) the fee alone uses the entire daily allowance, and on Instant Funding (3%, â‚