Terms of Use
The Smart Prop Trader website (the “Site”) is comprised of various web pages operated by Smart Prop Trader LLC and is located at www.smartproptrader.com.com. Use of www.smartproptrader.com constitutes your agreement to all such Terms. Please read these terms carefully and keep a copy of them for your reference. These Terms are governing for all services and products provided by Smart Prop Trader.
Electronic Communications
Logging onto www.smartproptrader or sending emails to SPT is defined as electronic communications. You consent to receive electronic communications and you agree that all agreements, notices, disclosures and other communications SPT will provide to you electronically.
Funded Account Terms
Funded accounts are subject to 1:100 FOREX leverage as is industry standard for live accounts. All other instrument leverages are subject to SPT’s discretion and what is deemed reasonable SPT’s risk management policies
international Users
Service is operated and administered by SPT from our offices in Wyoming. If you access the Service from a location outside the USA, you are responsible for compliance with all local laws.
Breach of these Terms or laws in any way may lead to immediate termination of all accounts associated with our services, and no refund or payment of any kind shall be issued. In addition, you may be held civilly and/or criminally liable if you are in breach of these Terms and relevant laws.
Indemnification
You agree to indemnify, defend and hold harmless SPT, its officers, directors, employees, agents and third parties, for any losses, costs, liabilities and expenses relating to or arising out of your use of or inability to use the Site or services, any user postings made by you, your violation of any terms of this Agreement or your violation of any rights of a third party, or your violation of any applicable laws, rules or regulations..
Termination/Access Restriction
SPT reserves the right, to terminate your access to the Site and the related services or any portion at any time, without notice. Use of the Site is unauthorized in any jurisdiction that does not give effect to all provisions of these Terms, including, without limitation, this section.
Changes to Terms
Smart Prop Trader reserves the right, in its sole discretion, to change the Terms under which www.smartproptrader.com is offered. The most current version of the Terms will trump all previous versions.
Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum 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.
At Smart Prop Trader, there is no minimum 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!
Trade with up to 1:100 leverage for forex instruments.
Max Daily loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!
Maximum loss is static and calculated on initial Balance. On a $10,000 account, the account can only be breached due to Maximum Loss if the account's balance or equity goes below $9,200 (8%)
Profit Target for Phase 1 is 7% and the Profit Target for Phase 2 is 5%
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum 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.
At Smart Prop Trader, there is no minimum 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!
Trade with up to 1:100 leverage for forex instruments.
Max Daily loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!
Maximum loss is static and calculated on initial Balance. On a $25,000 account, the account can only be breached due to Maximum Loss if the account's balance or equity goes below $23,250 (8%)
Profit Target for Phase 1 is 7% and the Profit Target for Phase 2 is 5%
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum 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.
At Smart Prop Trader, there is no minimum 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!
Trade with up to 1:100 leverage for forex instruments.
Max Daily loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!
Maximum loss is static and calculated on initial Balance. On a $50,000 account, the account can only be breached due to Maximum Loss if the account's balance or equity goes below $46,000 (8%)
Profit Target for Phase 1 is 7% and the Profit Target for Phase 2 is 5%
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum 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.
At Smart Prop Trader, there is no minimum 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!
Trade with up to 1:100 leverage for forex instruments.
Max Daily loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!
Maximum loss is static and calculated on initial Balance. On a $100,000 account, the account can only be breached due to Maximum Loss if the account's balance or equity goes below $92,000 (8%)
Profit Target for Phase 1 is 7% and the Profit Target for Phase 2 is 5%
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
Both The Smart Prop Trader Challenge and Verification has no minimum nor maximum 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.
At Smart Prop Trader, there is no minimum 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!
Trade with up to 1:100 leverage for forex instruments.
Max Daily loss is fixed and based on the initial balance. That number is subtracted from equity or balance, whatever starts the day greater!
Maximum loss is static and calculated on initial Balance. On a $200,000 account, the account can only be breached due to Maximum Loss if the account's balance or equity goes below $184,000 (8%)
Profit Target for Phase 1 is 7% and the Profit Target for Phase 2 is 5%
The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.