View our challenges, spreads, payout systems, and benefits below to see how we can help you.
We are committed to transforming the way people interact with their finances, making it simpler, smarter, and more inclusive for everyone.
By meeting the Trading Objectives, you will have the chance to be an SPT trader.
The profit target on the 1 phase, step 1 assessment is set at 7%.
The profit target on the 2 phase, step 2 assessment is set at 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 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%).
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.
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!
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!
Trade with up to 1:30 leverage for simulated forex instruments.
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The profit target on the 1 phase, step 1 assessment is set at 7%.
The profit target on the 2 phase, step 2 assessment is set at 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 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%).
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.
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!
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!
Trade with up to 1:30 leverage for simulated forex instruments.
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The profit target on the 1 phase, step 1 assessment is set at 7%.
The profit target on the 2 phase, step 2 assessment is set at 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 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%).
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.
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!
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!
Trade with up to 1:30 leverage for simulated forex instruments.
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The profit target on the 1 phase, step 1 assessment is set at 7%.
The profit target on the 2 phase, step 2 assessment is set at 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 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%).
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.
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!
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!
Trade with up to 1:30 leverage for simulated forex instruments.
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The profit target on the 1 phase, step 1 assessment is set at 7%.
The profit target on the 2 phase, step 2 assessment is set at 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 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%)
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.
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!
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!
Trade with up to 1:30 leverage for simulated forex instruments.
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
See all the ways that we can help you.
See Why Traders choose Smart Prop Trader as their prop firm of choice.
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.
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.
If you are still not sure if this is for you, you have the option to try the process completely for free. The Free virtual account is a shortened version of the Smart Prop Trader Challenge with the same trading conditions.
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!
All Smart Prop Trader Traders can request payout on-demand. The payout can be processed just after 12 days, 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.
Make the Smart Choice when it comes to choosing your prop firm.
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