Head-to-head
Kershner Trading Group vs SMB Capital
A direct, side-by-side comparison of Kershner Trading Group and SMB Capital — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
Kershner Trading Group is best for
traders who prefer Trader Deposit / First-Loss Model and a Austin, USA-based firm.
Full Kershner Trading Group profile →Quick verdict
SMB Capital is best for
traders who prefer Trader Deposit / First-Loss Model and a New York, USA-based firm.
Full SMB Capital profile →Not sure which fits?
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Decision guide
Best for your trader type
- Highest profit share
70% vs —%
- Fastest payouts
Monthly payouts.
| Attribute | Kershner Trading Group Leveraged Trader Capital · est. 1994 | SMB Capital Leveraged Trader Capital · est. 2005 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | Salary + performance bonus | 70% |
| Max allocation | Firm capital | Firm capital (no trader contribution for proprietary track) |
| Account sizes | Firm capital | Firm capital (no trader contribution for proprietary track) |
| Scaling | — | — |
| Payouts | ||
| Frequency | Periodic bonus | Monthly |
| First payout | — | — |
| Assets | ||
| Futures | No | No |
| Stocks | Yes | Yes |
| Options | Yes | Yes |
| Forex | No | No |
| Crypto | No | No |
| Trading rules | ||
| News trading | Yes | Yes |
| Overnight holding | Yes | Yes |
| Weekend holding | Yes | Yes |
| Copy trading | No | No |
| Technology | ||
| Platforms | Proprietary, Sterling, Internal | Sterling, Thinkorswim, Internal |
| Data feed | — | — |
| Company | ||
| Headquarters | Austin, USA | New York, USA |
About Kershner Trading Group
Austin-based proprietary trading firm and technology developer. Provides traders with firm capital, proprietary tools, and infrastructure to trade U.S. and global equities.
Full Kershner Trading Group profile →About SMB Capital
Proprietary trading firm and training desk in Midtown Manhattan founded by Mike Bellafiore and Steve Spencer. Known for its trader development program and SMB Training education brand.
Full SMB Capital profile →Trust & stability
Reputation and rule-change activity
Two added decision signals: a weighted reputation score from independent review sources, and a 90-day view of structural rule-change activity where monitored sources are available.
Reputation
Not enough independent rating sources to compute a canonical score yet.
Rule Stability
last 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Reputation
canonical- Sources used
- 1
- Confidence
- low
Weighted blend of independent trader-review sources. See methodology.
Rule Stability
last 90dWe do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.
Frequently asked
Common questions
- Which has a higher profit split — Kershner Trading Group or SMB Capital?
- SMB Capital pays 70% of trader profits once funded.
- Which pays out faster — Kershner Trading Group or SMB Capital?
- Kershner Trading Group payouts: Periodic bonus. SMB Capital payouts: Monthly.
- Can I trade news at Kershner Trading Group or SMB Capital?
- Kershner Trading Group: permits news trading. SMB Capital: permits news trading.
- Can I hold positions overnight at Kershner Trading Group or SMB Capital?
- Kershner Trading Group: allows overnight holds. SMB Capital: allows overnight holds.
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