Back in July 2025, something big shook India’s trading world. SEBI, the country’s financial regulator, slapped a heavy ban on Jane Street—a major global prop trading firm—for allegedly manipulating the Bank Nifty index. For anyone involved in or eyeing a future in proprietary trading, this was a moment to stop and think.
Jane Street isn’t just any firm. They’re giants, known for speed, precision, and scale. But even giants can fall out of favor when lines are crossed. SEBI accused them of shifting the market’s direction for their own gain during high-volume trades. And the result? A ₹4,840 crore penalty, a two-year ban, and a strong message to the entire trading industry.
So, What Went Down?
According to the official report, Jane Street took massive positions in the morning, pushed the market up, and then offloaded them once their options were in the green. All this while holding strategic short positions in derivatives. In simpler terms: they allegedly nudged the index just enough to tip their trades into profit.
They made over ₹735 crore in one day. In two years? Over ₹36,000 crore. Legal? SEBI says no. Smart? Maybe. Risky? Absolutely. And now, with their operations halted in India, there’s a massive gap in the prop firm market.
A Window of Opportunity for Indian Traders
Now here’s where it gets interesting.
The fall of Jane Street doesn’t just serve as a cautionary tale—it opens up opportunities for local talent and Indian-run props firms to rise. Traders are no longer just looking for capital—they’re looking for secure fund access, community, and clean, compliant trading ecosystems.
More and more traders are choosing instant funding prop firms that cut out red tape and let them prove their skills fast. These new-age platforms don’t just offer cash—they offer structured funded trading programs that reward strategy and patience over high-risk gambling.
If you’ve ever wanted to trade professionally without a massive upfront deposit, this is your moment.
Where Do You Fit In?
You can’t and don’t have to be Jane Street to succeed. In fact, you don’t even require a huge bankroll. What you need is discipline, a little edge, and the right partner. A modern prop trading setup should offer scalability, coaching, and a shot at high return with low investment—without needing to play dirty.
That’s the real game now: consistent, ethical performance.
And that’s where we come in.
The Bonafide Traders Difference
At Bonafide Traders, we’ve been watching the market shift. We saw the flaws in the system—firms that were either too slow, too restrictive, or too careless. So, we built something better.
As one of the best prop firms focused on Indian traders, we provide fast-track access to capital, built-in risk controls, and a real community of professionals who want to grow.
We don’t just hand you a funded account and walk away. We mentor, support, and evolve with you. Whether you’re trading full-time or just getting started, our goal is to help you scale sustainably with tools, coaching, and opportunities tailored to you.
We believe trading should be bold, but also responsible. That’s how we turn smart retail traders into long-term pros.
Let’s Wrap It Up
Jane Street’s fall may have closed one chapter—but for Indian traders, it’s just the beginning of a bigger, smarter, cleaner era in prop trading. If you’re looking to start or scale your trading journey with the best prop trading firm in India, Bonafide Traders is ready to back you.
Ready to get funded and start trading like a pro? Visit Bonafide Traders and secure your seat today.
