Smart Prop Trader
Smart Prop Trader offers the most competitive prices and lowest phase 1 profit target while offering some of the most generous time restrictions (0 min trading days) to make your trading career a success! Don't forget to use code "VVS" at checkout for 5% off.
Video Overview
Overview
MT4, MT5
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Credit/Debit Card, Bitcoin, ETH, USDC, USDT
Deel, Wise, Direct Crypto Transfer
$10k, $25k, $50k, $100k, $200k
2-Phase:
7.5% in Phase 1
5% in Phase 2
Eightcap
Forex 1:100
Indices 1:20
Commodities 1:20
Crypto 1:2
$2,500,000
Pros
Cons
Who is Smart Prop Trader?
Smart Prop Trader is a proprietary trading firm based in Texas, USA that was founded in 2022 with the goal of offering top trading conditions to a global audience with little to no restrictions at the lowest prices possible to traders and the famous 7.5% Phase 1 profit target. The company allows traders to trade with a massive array of trading instruments and allows nearly any trading style, including EA's and trading assistant tools.
What makes Smart Prop Trader different than other prop firms?
Smart Prop Trader is a state-of-the-art proprietary trading firm that prides itself on being one of the fastest in the industry from both the account creation, upgrading phases / funded account processing and payout processing all being among the fastest in the industry. With no minimum trading days and the lowest phase 1 requirements, it is a top choice for many traders looking for a reputable two-phase prop firm to get funded fast. Additionally, the company offers the most competitive prices in the entire industry of any trustworthy prop firm, has no lot size limits and allows the use of EAs.
Smart Prop Trader's Conditions: A+
Smart Prop Trader Challenge
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's Reputation: A-
This company is different, They give you tools to be profitable. And also they offer competitions. In discord they have giveaways. To be sure you can see. This company is new. Check everything. Be aware to the company you will join. I recommend you Smart prop trader, because they show they are a trustful company
This is one of the few prop firms that have their drawdown calculated by the initial balance of the trading account instead of equity-based which makes a massive difference if you are a swing trader. From now on Smart Prop Trader will be my go-to choice in the future. I am currently testing it out on the monthly competition and so far so good.
Without a doubt smart prop trader is real smart. They have the best drawdown method in the prop firm industry. They position to serve trader by offering assistance always. The spread and commission are very traders friendly. I am an Apostle of Smart Prop Trader excellence. They are very truthful. I will not just recommend them but I will make sure I bring many people.
Brilliant service provider. Always affording traders new opportunities that will allow them to grow. Always generous in allowing traders a opportunity to get funded through competitions which allows traders who can trade but cannot necessarily afford capital to stand a chance to win a funded opportunity. I am thoroughly impressed with the broker they use and the vast assets available to trade. Keep flourishing SPT! Stay blessed!
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Smart Prop Trader's Trading Conditions: A+
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Forex
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Commodities
Indices
Crypto
Disclosure:
The trading instruments displayed above are examples of what this prop firm offers, and not all instruments may be shown or the correct brokers may be listed.
Smart Prop Trader's Trading Fees: A+
Forex
Commodities
Indices
Crypto
Smart Prop Trader's Payout Proof / Trustworthiness: A+
Smart Prop Trader's withdrawal process is made easy and efficient by using several payout options including Deel, Wise and direct Crypto transfer. Withdrawals are available once a profit of at least $100 has been achieved and and there has been at least 14 days passed since your last payout / first trade on account. The company has a strong track record of reliable payment processing.
Smart Prop Trader's Broker: A+
Smart Prop Trader has partnered with Eightcap Raw Spreads, a Melbourne-based, ASIC-regulated broker, to offer its broker/technology services.
Smart Prop Trader's version of Eightcap's offering is second to none in the prop firm space, opting for low to $0 commissions on several asset classes while maintaining live conditions on funded accounts.
Established in 2009, Eightcap aims to provide top-quality financial services to its clients and has five global offices and regulations in multiple locations to support clients around the world in trading a variety of assets including forex, indices, commodities, and shares. Offering Forex and CFD trading, cryptocurrency trading, and access to 326 tradeable symbols and 45 Forex pairs.
Smart Prop Trader's Support: A+
Smart Prop Trader also has a well built FAQ page for quick answers to common questions. If you can't find what you're looking for or have a specific account issue? Head over to the discord and create a support ticket.
Support with Smart Prop Trader is some of the best the best in the industry. The support staff are friendly, quick and most importantly helpful and ready to answer any questions you have. With an average response time of a few seconds found in the Smart Prop Trader discord.
Conclusion: A+
To sum up, Smart Prop Trader is an extremely smart choice when it comes to picking the right prop firm. Smart Prop Trader is a reputable proprietary trading firm that offers a variety of account sizes for their evaluation program with the best prices in the industry, what more can you ask for? They have clear guidelines and very trader-favorable conditions to accommodate almost any trading strategy. Based on their offerings, support and reputation, we highly recommend Smart Prop Trader as a legitimate and trustworthy choice in the proprietary trading industry! A+ Overall
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