Research profile
Smart Prop Trader
Smart Prop Trader is a Madrid, Spain-based evaluation prop firm founded in 2022, recorded as closed, profiled by proprietarytrading.com.
Ceased accepting traders · December 29, 2024
Note: Smart Prop Trader announced on its X account (@SmartPropTrader) on 28 November 2024 that it stopped onboarding new traders as of 27 November 2024. Existing traders could keep trading until 29 December 2024, when operations ended. smartproptrader.com now redirects to an unrelated broker site.
Spanish forex prop with one-step and two-step evaluation tracks.
- Headquarters
- Madrid, Spain
- Founded
- 2022
- Funding model
- Evaluation
- Geographic availability
- Worldwide policy not clearly statedU.S. tradersNot accepted
May suit
traders focused on forex, crypto; traders comfortable with an evaluation phase; traders who want a published scaling path.
Consider alternatives if
you require futures, stocks, options.
Trader rating
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Overview
What this firm is and who it serves
Smart Prop Trader is a Spanish forex prop firm with one-step and two-step evaluation tracks.
At a glance
Structured facts about this firm
- Firm Type
- Evaluation prop firm
- Market Focus
- Forex, Crypto
- Trading Style
- Overnight holding allowed, weekend holding allowed, copy trading permitted
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- Madrid, Spain
- Geographic availability
- Worldwide policy not clearly stated
- Known For
- Spanish forex prop with one-step and two-step evaluation tracks.
Payout structure
How and when you get paid
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Trading rules
What's allowed, what isn't
Asset classes supported
Not offered: Futures, Stocks, Options
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Smart Prop Trader FAQs
Based on terms reviewed Oct 14, 2026
What should traders verify before choosing Smart Prop Trader?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with Smart Prop Trader before purchasing.
Does Smart Prop Trader offer evaluation and instant-funding options?+
Smart Prop Trader offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How do Smart Prop Trader's payouts and profit split work?+
The published profit split is up to 85% of net profits to the trader, depending on the program; payout frequency: Bi-Weekly; first payout eligibility: After 14 days. Payout eligibility begins after the applicable program cycle, and program-specific terms should be confirmed directly with the firm.
How does Smart Prop Trader's scaling plan work?+
Smart Prop Trader publishes a scaling ceiling of up to $200,000 through scaling. A scaling ceiling is the maximum allocation reachable over time — not the size of an initial funded account.
What are Smart Prop Trader's main drawdown and trading restrictions?+
Based on the documented terms we reviewed: overnight holding is allowed, weekend holding is allowed, copy trading is permitted. Drawdown type and consistency requirements can vary by program, so check the rulebook for the exact program before purchase.
Which platforms and markets are available at Smart Prop Trader?+
Platforms: MetaTrader 4, MetaTrader 5. Markets: forex, crypto. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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