Best Spreads and Commission Payouts
in the industry

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

How To Start

Get Started with
3 Simple Steps

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!
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!
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 90% profit split with virtual account scaling up to $2.5 Million!
Challenges

Trading Objectives

Step 1
Challenge
Step 2
Verification
Step 3
Trader
Virtual Trading Period
Unlimited
Unlimited
Indefinite

Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum simulated time restrictions, take as long as you need or pass as fast as you can! In order for us to keep capital reserved for active traders, you must place at least 1 trade every 30 days of any size and for any duration, if you know you need longer in between phases please contact support so we can pause your account for you BEFORE the 30 days.

Virtual Minimum Trading Days
0 Days
0 Days
X

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!

Trading Leverage
1:100 Maximum Leverage

Trade with up to 1:100 leverage for simulated forex instruments.

Virtual Maximum Daily Loss
$400
$400
$400

Virtual Max 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
$800
$800

Virtual Maximum loss is static and calculated on initial Balance. On a $10,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $9,200 (8%)

Virtual Profit Target
$700
$500
$700
X

Virtual Profit Target for Phase 1 is 7% and the Virtual Profit Target for Phase 2 is 5%

Refundable Fee
$67
Free
Refund

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

Step 1
Challenge
Step 2
Verification
Step 3
Trader
Virtual Trading Period
Unlimited
Unlimited
Indefinite

Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum simulated time restrictions, take as long as you need or pass as fast as you can! In order for us to keep capital reserved for active traders, you must place at least 1 trade every 30 days of any size and for any duration, if you know you need longer in between phases please contact support so we can pause your account for you BEFORE the 30 days.

Virtual Trading Days
0 Days
0 Days
X

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!

Trading Leverage
1:100 Maximum Leverage

Trade with up to 1:100 leverage for simulated forex instruments.

Virtual Maximum Daily Loss
$1,000
$1,000
$1,000

Virtual Max 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
$2,000
$2,000

Virtual Maximum loss is static and calculated on initial Balance. On a $25,000 account, the account can only be breached due to Virtual Maximum Loss if the account's balance or equity goes below $23,000 (8%)

Virtual Profit Target
$1,750
$1,250
$1,750
X

Virtual Profit Target for Phase 1 is 7% and the Virtual Profit Target for Phase 2 is 5%

Refundable Fee
$167
Free
Refund

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

Step 1
Challenge
Step 2
Verification
Step 3
Trader
Virtual Trading Period
Unlimited
Unlimited
Indefinite

Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum simulated time restrictions, take as long as you need or pass as fast as you can! In order for us to keep capital reserved for active traders, you must place at least 1 trade every 30 days of any size and for any duration, if you know you need longer in between phases please contact support so we can pause your account for you BEFORE the 30 days.

Virtual Minimum Trading Days
0 Days
0 Days
X

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!

Trading Leverage
1:100 Maximum Leverage

Trade with up to 1:100 leverage for simulated forex instruments.

Virtual Maximum Daily Loss
$2,000
$2,000
$2,000

Virtual Max 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
$4,000
$4,000

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%)

Virtual Profit Target
$3,500
$2,500
$3,500
X

Virtual Profit Target for Phase 1 is 7% and the Virtual Profit Target for Phase 2 is 5%

Refundable Fee
$267
Free
Refund

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

Step 1
Challenge
Step 2
Verification
Step 3
Trader
Virtual Trading Period
Unlimited
Unlimited
Indefinite

Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum simulated time restrictions, take as long as you need or pass as fast as you can! In order for us to keep capital reserved for active traders, you must place at least 1 trade every 30 days of any size and for any duration, if you know you need longer in between phases please contact support so we can pause your account for you BEFORE the 30 days.

Virtual Minimum Trading Days
0 Days
0 Days
X

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!

Trading Leverage
1: 100 Maximum Leverage

Trade with up to 1:100 leverage for simulated forex instruments.

Virtual Maximum Daily Loss
$4,000
$4,000
$4,000

Virtual Max 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
$8,000
$8,000

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%)

Profit Target
$7,000
$5,000
$7,000
X

Virtual Profit Target for Phase 1 is 7% and the Virtual Profit Target for Phase 2 is 5%

Refundable Fee
$467
Free
Refund

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

Step 1
Challenge
Step 2
Verification
Step 3
Trader
Virtual Trading Period
Unlimited
Unlimited
Indefinite

Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum simulated time restrictions, take as long as you need or pass as fast as you can! In order for us to keep capital reserved for active traders, you must place at least 1 trade every 30 days of any size and for any duration, if you know you need longer in between phases please contact support so we can pause your account for you BEFORE the 30 days.

Virtual Minimum Trading Days
0 Days
0 Days
X

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!

Trading Leverage
1: 100 Maximum Leverage

Trade with up to 1:100 leverage for simulated forex instruments.

Virtual Maximum Daily Loss
$8,000
$8,000
$8,000

Virtual Max 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
$16,000
$16,000
$16,000

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%)

Virtual Profit Target
$14,000
$10,000
$14,000
X

Virtual Profit Target for Phase 1 is 7% and the Virtual Profit Target for Phase 2 is 5%

Refundable Fee
$867
Free
Refund

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

Benefits

Everything In One Place

See all the ways that we can help you.
Fair Evaluation
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All trading styles
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All trading instruments
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Forex
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Crypto
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Indices
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Commodities
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Broker
Eightcap
Highlights

Key Highlights

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.

Free Account

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.
Payouts

Payout System

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.
Get Started
Compare

Compare Your Options

Account Size & Model - 100K Evaluation
Price (USD) - $467
Maximum Drawdown - 4% Daily | 8% Total
Payout Split (Trader/Firm) - 85/15
Minimum Trading Days - 0 Day
Evaluation - 2 Phase
Time Period For Evaluation - Unlimited & Unlimited
Targets - 7% & 5%
Hold Trade On Weekends - Yes

FTMO

Account Size & Model - 100K Evaluation
Price - $553
Maximum Drawdown - 5% Daily | 10% Total
Payout Split (Trader/Firm) - 80/20
Minimum Trading Days -  10 Days
Evaluation - 2 Phase
Time Period For Evaluation - 35 Days & 60 Days
Targets - 10% & 5%
Hold Trade On Weekends - Yes
Account Size & Model - 100K Evaluation
Price (USD) - $467
Maximum Drawdown - 4% Daily | 8% Total
Payout Split (Trader/Firm) - 85/15
Minimum Trading Days - 0 Day
Evaluation - 2 Phase
Time Period For Evaluation - Unlimited & Unlimited
Targets - 7% & 5%
Hold Trade On Weekends - Yes

The Trading Capital

Account Size & Model - 100K Evaluation
Price (USD) - $649
Maximum Drawdown - 5% Daily | 10% Total (Funded)
Payout Split (Trader/Firm) - 85/15
Minimum Trading Days -  10 Days
Evaluation - 2 Phase
Time Period For Evaluation - 30 Days Each Phase
Targets - 8% & 5%
Hold Trade On Weekends - Yes
Account Size & Model - 100K Evaluation
Price (USD) - $467
Maximum Drawdown - 4% Daily | 8% Total
Payout Split (Trader/Firm) - 85/15
Minimum Trading Days - 0 Day
Evaluation - 2 Phase
Time Period For Evaluation - Unlimited & Unlimited
Targets - 7% & 5%
Hold Trade On Weekends - Yes

TheProp Trading

Account Size & Model - 100K Evaluation
Price (USD) - $499
Maximum Drawdown - 5% Daily | 10% Total
Payout Split (Trader/Firm) - 80/20
Minimum Trading Days -  0 Days
Evaluation - 2 Phase
Time Period For Evaluation - 30 Days & 60 Days
Targets - 8% & 5%
Hold Trade On Weekends - Yes
What People Say

Here's What Our Traders Have to Say

Reviews 1,705  •  Excellent
Okwuada Emmanuel Kelly

Trader

Trust PilotTrust PilotTrust PilotTrust PilotTrust Pilot

I must say that my experience exceeded all expectations. This prop firm is truly exceptional in every aspect, making it an outstanding choice for aspiring traders. Thanks to ESLA who made all my enquires answered quick.

July 10th, 2023

Prasant Limbu

Trader

Trust PilotTrust PilotTrust PilotTrust PilotTrust Pilot

I must say that my experience exceeded all expectations. This prop firm is truly exceptional in every aspect, making it an outstanding choice for aspiring traders. Thanks to ESLA who made all my enquires answered quick.

July 10th, 2023

Chris Mercer
Chris Mercer

Trader

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Best customer service I've ever dealt with. Had a problem with the account and MADHU at customer support not only fixed the problem fast, but went above and beyond. In my opinion Smart Prop trader is the best prop firm around.

July 10th, 2023

Mohammad Valiyan
Mohammad Valiyan

Trader

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I needed assist with my account. I purchased an account back when SPT was not offering unlimited time and I never opened any trades. Since the new update and the 30 days inactivity rule was published I had no clue that involves not started accounts too. Steve helped me unconditionally and saved my account. Thanks Steve I really appreciate it. SPT By far has the fastest support I've ever seen.I am a little not happy with their Slippage and I think if that is solved SPT can be in TOP 5

July 9th, 2023

Zaid Fuddin
Zaid Fuddin

Trader

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SmartPropTrader is a trusted prop firm! Im having an account with them and their support (STEVE) was really helpfull to assist me with my problem! If you are looking for cheapest and trusted firms, Smart Prop Trader is the one should be on top of your list! Worry FREE and forgot to mention RYAN paid in 3 min record time when payout!

July 8th, 2023

Odia Matthew
Odia Matthew

Trader

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Really great prop firm. Great support on discord too. Steve and Aliah were wonderful support staffs, they kept updating me and working round the clock until my issue was solved. Really had a great experience with them. would recommend them anytime.

July 7th, 2023

Lasmon Siziba

Trader

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Passed phase and phase 2 in 1 day and Steve assisted me during the verification process and managed to get all my funded account within a few hours. Really great support. I Love SPT.

July 6th, 2023

Mr Cardi
Mr Cardi

Trader

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Fantastic prop firm and very cheap too with the best rules.... An amazing support team on discord..... Thanks Steve for helping me with my little challenge.... 5 ⭐ Prop firm

July 8th, 2023

Brittney Scott
Brittney Scott

Trader

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Newman was my support tech and answered every single 1 of my questions!!! AMAZING is an understatement. Thank you so much.

July 6th, 2023

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More Questions?

Frequently Asked Questions

How Do the Evaluation Days Work?
What Kind of EAs are Allowed?
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How Does Daily Drawdown Work?
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