Smart Prop Trader
Smart Prop Trader is dedicated to providing traders with the most competitive prices and the lowest phase 1 profit target. Additionally, we have some of the most lenient time restrictions, with zero minimum trading days, to ensure your trading career is a success.
Pros
- Live funded accounts
- Excellent Trustpilot rating of 4.7/5
- Funding up to $2,500,000 per account with scaling
- Extremely fast account / upgrade processing
- Extremely low prices
- Partnered with high end broker
- A large variety of trading instruments (all forex pairs, commodities, indices, crypto)
Cons
- Relatively new prop firm
- 4% Maximum daily drawdown balance or equity
- 7.5% Maximum non-trailing drawdown
Challenges
The Smart Prop Trader Challenge duration is 50 calendar days; the Verification duration is 100 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days. For example, if you pass all the Trading Objectives of the Smart Prop Trader Challenge in just 5 days, no need to wait another 45 days. We will advance you to the Verification as soon as possible.
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 FX 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. For example, on a $100,000 account, the account can only be breached if it goes below $92,500(7.5%)
Profit Target for Phase 1 is 7.5% and the Profit Target for Phase 2 is 5%
Use code "VVS" to receive this price. The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The Smart Prop Trader Challenge duration is 50 calendar days; the Verification duration is 100 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days. For example, if you pass all the Trading Objectives of the Smart Prop Trader Challenge in just 11 days, no need to wait another 19 days. We will advance you to the Verification as soon as possible.
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. For example, on a $100,000 account, the account can only be breached if it goes below $92,500(7.5%)
Profit Target for Phase 1 is 7.5% and the Profit Target for Phase 2 is 5%
Use code "VVS" to receive this price. The fee is reimbursed to you with the first Profit Split when you become an Smart Prop Trader.
The Smart Prop Trader Challenge duration is 50 calendar days; the Verification duration is 100 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days. For example, if you pass all the Trading Objectives of the Smart Prop Trader Challenge in just 11 days, no need to wait another 19 days. We will advance you to the Verification as soon as possible.
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. For example, on a $100,000 account, the account can only be breached if it goes below $92,500(7.5%)
Profit Target for Phase 1 is 7.5% and the Profit Target for Phase 2 is 5%
Use code "VVS" to receive this price. The fee is reimbursed to you with the first Profit Split when you become a Smart Prop Trader.
The Smart Prop Trader Challenge duration is 50 calendar days; the Verification duration is 100 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days. For example, if you pass all the Trading Objectives of the Smart Prop Trader Challenge in just 11 days, no need to wait another 19 days. We will advance you to the Verification as soon as possible.
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. For example, on a $100,000 account, the account can only be breached if it goes below $92,500(7.5%)
Profit Target for Phase 1 is 7.5% and the Profit Target for Phase 2 is 5%
Use code "VVS" to receive this price. The fee is reimbursed to you with the first Profit Split when you become an Smart Prop Trader.
The Smart Prop Trader Challenge duration is 50 calendar days; the Verification duration is 100 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days. For example, if you pass all the Trading Objectives of the Smart Prop Trader Challenge in just 11 days, no need to wait another 19 days. We will advance you to the Verification as soon as possible.
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. For example, on a $100,000 account, the account can only be breached if it goes below $92,500(7.5%)
Profit Target for Phase 1 is 7.5% and the Profit Target for Phase 2 is 5%
Use code "VVS" to receive this price. The fee is reimbursed to you with the first Profit Split when you become an Smart Prop Trader.
Smart Prop Trader is a Texas-based firm that aims to provide top trading conditions to traders worldwide, at low prices, and with minimal restrictions. The company, which was established in 2022, offers a wide range of trading instruments and welcomes various trading styles, including the use of trading bots and assistance tools. Additionally, the company has set a target of achieving a 7.5% profit in the first phase.
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