Best Spreads and Commission Payouts in the industry

View our challenges, spreads, payout systems, and benefits below to see how we can help you.

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102K+ Traders
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How To Start

Get Started with
3 Simple Steps

We are committed to transforming the way people interact with their finances, making it simpler, smarter, and more inclusive for everyone.

Get Started
Step 1

Challenge

We keep our challenge as simple as possible so you can focus on your trades. UNLIMITED Virtual Maximum trading days and 0 virtual minimum trading days, you advance as soon as you complete the trading objectives below!
Step 2

Verification

Take your time with UNLIMITED Virtual Maximum trading days and 0 virtual minimum trading days! Once the trading objectives are completed, you will automatically be upgraded to a fully virtual funded account!
Step 3

Smart Prop Trader

Now you're a fully funded Smart Prop Trader, congratulations! Continue to trade consistently and responsibly to qualify for up to a 95% profit split with virtual account scaling up to $2.5 Million!
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Challenges

Choose Your Account

By meeting the Trading Objectives, you will have the chance to be an SPT trader.

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Step 1
Profit Target
$350 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$200 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$400 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$57

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$700 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$400 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$800 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$97

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$1,750 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$1,250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$1,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$2,000 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$197

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$3,500 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$2,500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$2,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$4,000 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$297

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$7,000 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$5,000 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$4,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$8,000 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$497

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$350 (7%)
$700 (7%)
$1,750 (7%)

The profit target for step 1 of the assessment is 7%.

Step 2
Profit Target
$250 (5%)
$500 (5%)
$1,250 (5%)

The profit target for step 2 of the assessment is 5%.

Virtual Daily Loss Limit
$200 (4%)
$400 (4%)
$1,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from either your balance (with an optional upgrade available at checkout), or your equity / balance, whatever starts the day greater!

Virtual Maximum Loss
$400 (8%)
$800 (8%)
$2,000 (8%)

8% Virtual Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $46,000 (8%).

Drawdown Type
Static Balance Based or Static Balance / Equity Based

Static Drawdown: When you open the account, your maximum drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated either based on the balance (with an optional upgrade available at checkout), or balance / equity, whichever is greater, when the day changes at 5 pm EST.

Minimum / Maximum Trading Days
0 Days / No Limit

At Smart Prop Trader, there is no minimum and no maximum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5! You can request your first profit split payout just 24 hours after your initial trade post-evaluation, with an optional upgrade available at checkout.

Leverage
Up To 1:100

Trade with up to 1:100 leverage for simulated forex instruments with an optional upgrade available at checkout.

Refundable Fee Starting At
$57
$97
$197

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Challenges

Choose Your Account

By meeting the Trading Objectives, you will have the chance to be an SPT trader.

Step 1
Profit Target
$350 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$200 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$400 (8%)

Virtual Maximum loss is static and calculated on initial Balance. The account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
85%

The default payout ratio for all Smart Prop Trader Traders is set to 85:15, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 90:10!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$57

The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$700 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$400 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$800 (8%)

Virtual Maximum loss is static and calculated on initial Balance. The account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
85%

The default payout ratio for all Smart Prop Trader Traders is set to 85:15, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 90:10!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$97

The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$1,750 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$1,250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$1,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$2,000 (8%)

Virtual Maximum loss is static and calculated on initial Balance. The account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
85%

The default payout ratio for all Smart Prop Trader Traders is set to 85:15, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 90:10!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$197

The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$3,500 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$2,500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$2,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$4,000 (8%)

Virtual Maximum loss is static and calculated on initial Balance. The account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
85%

The default payout ratio for all Smart Prop Trader Traders is set to 85:15, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 90:10!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$297

The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$7,000 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$5,000 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$4,000 (4%)

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$8,000 (8%)

Virtual Maximum loss is static and calculated on initial Balance. The account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below (8%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
85%

The default payout ratio for all Smart Prop Trader Traders is set to 85:15, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 90:10!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$497

The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$350 (7%)
$700 (7%)
$1,750 (7%)

The profit target on the 1 phase, step 1 assessment is set at 7%.

Step 2
Profit Target
$250 (5%)
$500 (5%)
$1,250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$200
$400
$1,000

Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$400
$800
$2,000

Virtual Maximum loss is static and calculated on initial Balance. On a $200,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $184,000 (8%)

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 8% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 4% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as 1 day!

Profit Split
Starting 85%, Scaling up to 90%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 85% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
up to 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee
$57
$97
$197

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$400 (8%)

The profit target on the 1 phase, step 1 assessment is set at 8%.

Step 2
Profit Target
$250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$250

5% Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$600

12% Virtual Maximum loss is static and calculated on the initial balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $44,000 (12%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 12% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 5% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as same day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$67

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$800 (8%)

The profit target on the 1 phase, step 1 assessment is set at 8%.

Step 2
Profit Target
$500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$500

5% Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$1200

12% Virtual Maximum loss is static and calculated on the initial balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $44,000 (12%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 12% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 5% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as same day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:15, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$117

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$2,000 (8%)

The profit target on the 1 phase, step 1 assessment is set at 8%.

Step 2
Profit Target
$1,250 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$1,250

5% Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$3,000

12% Virtual Maximum loss is static and calculated on the initial balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $44,000 (12%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 12% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 5% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as same day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$237

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$4,000 (8%)

The profit target on the 1 phase, step 1 assessment is set at 8%.

Step 2
Profit Target
$2,500 (5%)

The profit target on the 2 phase, step 2 assessment is set at 5%.

Virtual Daily Loss Limit
$2,500

5% Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!

Virtual Maximum Loss
$6,000

12% Virtual Maximum loss is static and calculated on the initial balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $44,000 (12%).

Drawdown Type
Static

Static Drawdown: When you open the account, your max drawdown is set at 12% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 5% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated based on the balance or equity, whichever is greater, when the day changes at 5 pm EST.

Minimum Trading Days
0 Days

At Smart Prop Trader, there is no minimum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as same day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!

Leverage
Up To 1:30

Trade with up to 1:30 leverage for simulated forex instruments.

Refundable Fee Starting At
$357

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

Step 1
Profit Target
$400 (8%)
$800 (8%)
$2,000 (8%)

The profit target for step 1 of the assessment is 8%.

Step 2
Profit Target
$250 (5%)
$500 (5%)
$1,250 (5%)

The profit target for step 2 of the assessment is 5%.

Virtual Daily Loss Limit
$250 (5%)
$500 (5%)
$1,250 (5%)

5% Virtual Daily Loss is fixed and based on the initial balance. That number is subtracted from either your balance (with an optional upgrade available at checkout), or your equity / balance, whatever starts the day greater!

Virtual Maximum Loss
$600 (12%)
$1,200 (12%)
$3,000 (12%)

12% Virtual Maximum loss is static and calculated on the initial balance. On a $50,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $44,000 (12%).

Drawdown Type
Static Balance Based or Static Balance / Equity Based

Static Drawdown: When you open the account, your maximum drawdown is set at 12% of your starting balance. This will be static for the life of the account. The daily drawdown amount is always fixed at 5% of the initial balance or account size purchased. The maximum daily drawdown on the account (which consists of the account’s current result of opened positions and the result of positions closed on the given day) is calculated either based on the balance (with an optional upgrade available at checkout), or balance / equity, whichever is greater, when the day changes at 5 pm EST.

Minimum / Maximum Trading Days
0 Days / No Limit

At Smart Prop Trader, there is no minimum and no maximum simulated trading days for both challenge phases! You are able to pass and move to further phases as quickly as you're able to reach the profit goal. Processing time is kept to a minimum, a trader should be able to receive funding in as little as same day!

Profit Split
Scaling up to 95%

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5! You can request your first profit split payout just 24 hours after your initial trade post-evaluation, with an optional upgrade available at checkout.

Leverage
Up To 1:100

Trade with up to 1:100 leverage for simulated forex instruments with an optional upgrade available at checkout.

Refundable Fee Starting At
$67
$117
$237

The fee is reimbursed to you with the 3rd Profit Split when you become a Smart Prop Trader.

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Perks

Everything In One Place

See all the ways that we can help you.

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Fair Evaluation
a handshake, showing that all trading strategies are welcome.
All trading styles
a currency trading chart showing that all trading instruments can be traded.
All trading instruments
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Forex
3 crypto currencies, including bitcoin, showing that crypto currencies can be traded.
Crypto
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Indices
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Commodities
Highlights

Key Highlights

See Why Traders choose Smart Prop Trader as their prop firm of choice.

Your Virtual Account

First, choose the Smart Prop Trader Virtual Account size that perfectly suits your trading style and needs. Smart Prop Trader Virtual Accounts have no restrictions on holding positions over the weekend or trading during macroeconomic news releases.

Scaling Plan

Our goal is for long-term business relationships with you. If you manage to be consistent and profitable, we will increase the balance of your Smart Prop Trader Virtual Account by 25% every 3 months according to the Scaling Plan. We will further increase your Max draw by 2% every 3 months.

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Payouts

Payout System

The default payout ratio for all Smart Prop Trader Traders is set to 75:25, however, an 75% share is not where we draw the line. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your Smart Prop Trader Virtual Account by 25%, the payout ratio will also automatically change to a staggering 95:5!
All Smart Prop Trader Traders can request payout on-demand. The payout can be processed just after after four weeks and two weeks for all subsequent payouts, but you also have the ability to choose your own Virtual Profit Split Day, which can be even changed up to three times. In conclusion, we make sure that you will always receive your withdrawal on your most convenient day.

Get Started
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Compare

Compare Your Choices

Make the Smart Choice when it comes to choosing your prop firm.

$50,000 Account
2 Step Pro CHallenge
Price
 (for Standard Challenges)
$297
$299
Targets Phase 1 & Phase 2
 (for Standard Challenges)
7% & 5%
8% & 5%
Daily Max Drawdown
5%
5%
Total Max Drawdown
12%
10%
Min. Trading Days
0 Days
5 - 10 Days x 2 (Per Phase)
Time Period
Unlimited
Unlimited
Profit Cap
Unlimited
Unlimited
Profit Split
Up to 95%
80%
Hold Trade on Weekends
Yes
Some Models
$50,000 Account
2 Step Pro Challenge
Price
 (for Standard Challenges)
$357
$371
Targets Phase 1 & Phase 2
 (for Standard Challenges)
7% & 5%
10% & 5%
Daily Max Drawdown
5%
5%
Total Max Drawdown
12%
10%
Min. Trading Days
0 Days
4 Days x 2 (Per Phase)
Time Period
Unlimited
Unlimited
Profit Cap
Unlimited
Unlimited
Profit Split
Up to 95%
80%
Extra Challenge Life
Yes
No
Hold Trade on Weekends
Yes
Challenge Only
$50,000 Account
2 Step Pro Challenge
E8 - gradient
Price
 (for Standard Challenges)
$297
$388
Targets Phase 1 & Phase 2
 (for Standard Challenges)
7% & 5%
8% & 5%
Daily Max Drawdown
5%
4%
Total Max Drawdown
12%
8%
Min. Trading Days
0 days
1 day
Time Period
Unlimited
Unlimited
Profit Cap
Unlimited
2% per day
Profit Split
Up to 95%
80%
Hold Trade on Weekends
Yes
Yes
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Questions

What Our Traders Say

We're here to support you on your trading journey.

View Our Trust Pilot
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payouts

Payouts Achieved

See Our Payout Leaderboard
Trader Community

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View trading tips, insights, and connect with our community within our discord channel.

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