Independent firm profile

Smart Prop Trader

Spanish forex prop with one-step and two-step evaluation tracks.

Headquarters
Madrid, Spain
Founded
2022
Funding model
Evaluation-Based Funding
Region served
EMEA

Community rating

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Overview

What this firm is and who it serves

Smart Prop Trader is a evaluation-based funding trading firm headquartered in Madrid, Spain, founded in 2022. The firm provides traders with funded accounts to trade forex, crypto.

At a glance

Structured facts about this firm

Firm Type
Evaluation-Based Funding prop firm
Market Focus
Forex, Crypto
Trading Style
Evaluation-Based Funding, evaluation-based funding, copy trading permitted
Institutional Level
Retail-accessible proprietary firm
Retail Accessibility
Open to retail traders via evaluation
Geography
Madrid, Spain · EMEA
Known For
Spanish forex prop with one-step and two-step evaluation tracks.

Funding programs

Account types and the path to capital

Evaluation

Available

Pass a challenge before receiving a funded account.

Instant funding

Not offered by this firm.

Scaling plan

No formal scaling plan documented.

Account sizes offered$10K–$200K
Max allocation$200,000
Evaluation fee$69
Monthly subscription

Trading rules

What's allowed, what isn't

Asset classes supported

FuturesStocksOptionsForexCrypto
News trading allowed
Overnight holding allowedYes
Weekend holding allowedYes
Copy trading allowedYes

Related terms: trailing drawdown · consistency rule · profit split

Platforms & technology

Where and how you trade

Data feed provider
Instruments

Supported platforms

MetaTrader 4MetaTrader 5

Payout structure

How and when you get paid

Profit split85% to trader
Payout frequencyBi-Weekly
First payout eligibilityAfter 14 days

Frequently asked questions

Common questions about Smart Prop Trader

Is Smart Prop Trader a legitimate prop firm?+

Smart Prop Trader was founded in 2022 and is headquartered in Madrid, Spain. Spanish forex prop with one-step and two-step evaluation tracks.

Does Smart Prop Trader require an evaluation?+

Yes. Smart Prop Trader requires traders to complete an evaluation phase before being granted a funded account.

What is the profit split at Smart Prop Trader?+

Smart Prop Trader pays traders 85% of net profits, keeping the remainder as the firm's share.

What is the maximum account size at Smart Prop Trader?+

Traders can scale up to a maximum allocation of $200,000 with Smart Prop Trader, subject to the firm's scaling and consistency rules.

How often does Smart Prop Trader pay out?+

Smart Prop Trader processes payouts on a bi-weekly basis, with first payout eligibility: After 14 days.

What platforms does Smart Prop Trader support?+

Smart Prop Trader supports the following trading platforms: MetaTrader 4, MetaTrader 5.

What trading restrictions does Smart Prop Trader enforce?+

At Smart Prop Trader, overnight holding is allowed, weekend holding is allowed. Always confirm current rules directly with the firm before trading.