The Evaluation Phase at Smart Prop Trader is easy and simple: 7% in profit target for Evaluation Phase 1 and 5% for phase 2, daily drawdown of 4 % and overall drawdown of 8% for both Phases. This makes Smart Prop Trader’s challenge accounts the easiest in the industry! So, what are you waiting for, become a Smart Prop Funded Trader Today!
PROP FIRM PROMO CODE:
Smart Prop Trader is offering an exclusive promotion for aspiring and experienced traders. For a limited time, from April 1st 2024 to April 30th 2024, we have two offers for you with an 85% profit split:
- Purchase our 10K to 25K accounts at 15% discount, Use CODE: SPTSTART
- Purchase our 50K to 100K accounts at 13% discount, Use CODE: SPTSTART1
Make the Smart Choice with us today!"
The Challenge
Our Smart Prop Trader Challenge is the first step of our Evaluation Process. Before we allow you to trade our Smart Prop Trader Account, we need to be sure you can trade responsibly and manage risk properly. The Smart Prop Trader Challenge stage has reasonable rules, where the Profit Target is in balance with the drawdown, we allow you to take. We call these rules Trading Objectives. As soon as all the Trading Objectives of the Smart Prop Trader Challenge are met, you can proceed to the Verification phase. There are no minimum trading days required for the Smart Prop Trader challenge!
Our trading objectives go like this:
- Our lowest trading objective is a $10,000 account with a 1:100 maximum trading leverage, $400 maximum daily loss, $800 maximum loss, $700 profit target, and a $97 refundable fee.
- Our highest trading objective is $100,000 with 1:100 maximum trading leverage, $8,000 maximum daily loss, $16,000 maximum loss, $14,000 profit target, and a refundable fee of $497.
The Account Challenge Evaluation Procedure
We are one of the bestprop funding firmswith an easy 2-phase evaluation procedure. Phase 1 of our evaluation process comes with a profit target of 7%, a daily drawdown of 4%, and a maximum drawdown of 8%. While the profit target for Phase 2 of the evaluation is 5%, the drawdown rules remain the same.
So why the wait? Make the smart choice and become a funded trader today; contact our support team at Smart Prop Trade via our 24/7 discord support:https://discord.gg/spt
Register on our website to: buy your challenge account, track your account growth, participate in free monthly trading competitions, and join our online community by engaging in tasks for giveaways at www.smartproptrader.comnow!Follow, Like, Subscribe, and Join us on our social handles for updates on free prop firm account giveaways:
- YouTube: Youtube.com/@smartproptrader
- Twitter: Twitter.com/SmartPropTrader
- Instagram: Instagram.com/smartproptrader?igshid=OGQ5ZDc2ODk2ZA==
Frequently Asked Questions
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Disclaimer: Smart Prop Trader offers clients access exclusively to demo accounts within a simulated trading environment. Additionally, the services offered are aimed at assessing professional skills. The results of these services are directly related to each individual's professional skill level and their capacity to follow the program guidelines and objectives detailed for each service. We encourage clients to conduct a comprehensive review of the program requirements before enrolling in any services.
Disclosure on Hypothetical Performance:
The accounts utilized for our services are demo accounts. Hypothetical performance results come with inherent limitations, among which include the fact that they do not reflect actual trading. No claim is made that any account will achieve or is likely to achieve profits or losses comparable to those discussed; in reality, actual results can significantly differ from those predicted by hypothetical performance. Hypothetical performance often benefits from hindsight, does not account for financial risk, and cannot consider the financial risk in actual trading. For instance, the capacity to endure losses or to stick to a trading plan despite losses are crucial factors that can negatively impact real trading results. Many other market factors or aspects of implementing a specific trading program not accounted for in hypothetical performance preparation can also adversely affect actual trading results. Please be aware that we do not offer specific investment advice, business consulting, analysis of investment opportunities, or any general recommendations on trading investment instruments. Trading in financial markets carries a high level of risk, and we advise against risking more than you can afford to lose.
All information on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as investment advice or recommendations. Smart Prop Trader LLC does not provide any of the investment services listed in the Capital Market Undertakings Act No. 256/2004 Coll. The information on this site is not specific to residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. Smart Prop Trader LLC is not a broker/dealer and we accept no financial deposits. The website SmartPropTrader.com is owned and operated by Smart Prop Trader LLC, a US company registered at 5830 E. 2nd Street, Casper, WY 82609.
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