Head-to-head

Maverick Trading vs SMB Capital

A direct, side-by-side comparison of Maverick Trading and SMB Capital — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.

Quick verdict

Maverick Trading is best for

traders prioritizing profit share (80% vs 70%).

Full Maverick Trading 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 →

Watch flags · risk only

Public risk notes we've recorded on the firm record. Not a judgement of fit — just things to verify before committing capital.

  • Maverick Trading

    unregulated entity status, high upfront capital requirements, limited independent payout verification

  • SMB Capital

    Unregulated entity status per regulatory databases, limited independent online payout verification data.

Trade-offs

Where each firm is weaker

No firm wins on every axis. These are the most meaningful drawbacks of each option — derived from the same structured fields shown in the table, never invented.

Maverick Trading trade-offs

  • Open risk note

    Watch flag on file: unregulated entity status, high upfront capital requirements, limited independent payout verification

SMB Capital trade-offs

  • Lower profit split

    Pays 70% versus 80% — 10 points less of every funded dollar.

  • Open risk note

    Watch flag on file: Unregulated entity status per regulatory databases, limited independent online payout verification data

Decision guide

Best for your trader type

AttributeMaverick Trading

Leveraged Trader Capital · est. 1997

SMB Capital

Leveraged Trader Capital · est. 2005

Cost
Evaluation fee
Monthly fee
Evaluation requiredNoNo
Instant fundingNoNo
Capital
Profit split80%70%
Max allocation$25K–$250K+ scalingFirm capital (no trader contribution for proprietary track)
Account sizes$25K–$250K+ scalingFirm capital (no trader contribution for proprietary track)
Scaling
Payouts
FrequencyMonthlyMonthly
First payout
Assets
FuturesNoNo
StocksYesYes
OptionsYesYes
ForexYesNo
CryptoNoNo
Trading rules
News tradingYesYes
Overnight holdingYesYes
Weekend holdingYesYes
Copy tradingNoNo
Technology
PlatformsThinkorswim, TradeStation, MetaTraderSterling, Thinkorswim, Internal
Data feed
Company
HeadquartersSalt Lake City, USANew York, USA

About Maverick Trading

Long-running proprietary trading firm offering remote traders access to firm capital in equities/options and FX after completing training and a capital contribution.

Full Maverick Trading 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

canonical
4.6/ 5
Sources used
1
Confidence
low

Weighted blend of independent trader-review sources. See methodology.

Rule Stability

last 90d
Unavailable

We do not currently have enough monitored public rule sources for this firm to report rule-change activity honestly.

Reputation

canonical score

Not enough independent rating sources to compute a canonical score yet.

Rule Stability

last 90d
Unavailable

We 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 — Maverick Trading or SMB Capital?
Maverick Trading pays 80%; SMB Capital pays 70% of trader profits once funded. Maverick Trading pays a higher share to the trader.
Which pays out faster — Maverick Trading or SMB Capital?
Maverick Trading payouts: Monthly. SMB Capital payouts: Monthly.
Can I trade news at Maverick Trading or SMB Capital?
Maverick Trading: permits news trading. SMB Capital: permits news trading.
Can I hold positions overnight at Maverick Trading or SMB Capital?
Maverick Trading: allows overnight holds. SMB Capital: allows overnight holds.

Still deciding?

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A short quiz about your trading style, account size, and goals — we'll rank Maverick Trading, SMB Capital, and every other firm in our database by fit.

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Disclosure

ProprietaryTrading.com may receive compensation from certain companies featured on this site. These relationships never influence ratings, rankings, match results, verification status, or directory inclusion. Learn more in our Methodology & Editorial Standards.