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Asked a question 2 years ago

I done my 80% of trade manually and 20% of trade through algo. As per my knowledge you don't refund the brokerage that generate through algo but my question is my 80% trade that I place manually these trade brokerage can be refund when i win the 30 day winning challenge ?

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Please note that API users are eligible to receive certificates upon winning but not eligible for brokerage refunds. Brokerage refunds was introduced to motivate discretionarily traders to develop self-control and emotional discipline when trading.

https://fyers.in/30-day-challenge-new-badge-of-honours/65

Hey @UDAYKUMAR KACHROLA10,

No, if you're using Algo to trade, you'll not be eligible for the refund. Algo traders will only be eligible for the winning certificate. 

You can refer to our Blog 19for more details. 

Hope this helps!