What is the 60 Day challenge, and why is it discontinued?

The 60-Day Challenge is an initiative by Zerodha to encourage traders to be more focused on their trading and bring back fun into their trading. The challenge involves trading profitably for 60 trading days. If the trader manages to maintain a net profit over the duration of the challenge, they are declared a winner and certified as a profitable trader.

Zerodha is saddened to announce that the 60-day challenge will be shut down with effect from January 1, 2023, owing to recent changes in regulations that disallow any form of competition or "gamification". Although 60 day challenge was neither a multi-party competition nor a game, a strict interpretation of regulations still disallowed it.