Head-to-head
SMB Capital vs T3 Trading Group
A direct, side-by-side comparison of SMB Capital and T3 Trading Group — profit splits, evaluation fees, payout cadence, supported assets, and trading rules. Data pulled live from our firm directory.
Quick verdict
SMB Capital is best for
traders who prefer Trader Capital + Firm Capital and a New York, USA-based firm.
Full SMB Capital profile →Quick verdict
T3 Trading Group is best for
traders prioritizing profit share (95% vs 70%).
Full T3 Trading Group 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.
- SMB Capital
Unregulated entity status per regulatory databases, limited independent online payout verification data.
- T3 Trading Group
Recent regulatory disciplinary action and FINRA settlement over supervision and reporting failures.
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.
SMB Capital trade-offs
Lower profit split
Pays 70% versus 95% — 25 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
T3 Trading Group trade-offs
Open risk note
Watch flag on file: Recent regulatory disciplinary action and FINRA settlement over supervision and reporting failures
Decision guide
Best for your trader type
- Highest profit share
95% vs 70%
- Biggest scaling ceiling
Up to $20,000,000.
| Attribute | SMB Capital Trader Capital + Firm Capital · est. 2005 | T3 Trading Group Trader Capital · est. 2007 |
|---|---|---|
| Cost | ||
| Evaluation fee | — | — |
| Monthly fee | — | — |
| Evaluation required | No | No |
| Instant funding | No | No |
| Capital | ||
| Profit split | 70% | 95% |
| Max allocation | Firm capital (no trader contribution for proprietary track) | $20,000,000 |
| Account sizes | Firm capital (no trader contribution for proprietary track) | $10K+ deposit |
| Scaling | — | — |
| Payouts | ||
| Frequency | Monthly | Monthly |
| First payout | — | — |
| Assets | ||
| Futures | No | Yes |
| 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 | Sterling, Thinkorswim, Internal | Sterling Trader Pro, Lightspeed, DAS Trader |
| Data feed | — | — |
| Company | ||
| Headquarters | New York, USA | New York, USA |
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 →About T3 Trading Group
SEC-registered broker-dealer and proprietary trading firm headquartered in New York's Financial District. Provides Series-licensed traders with firm capital and leverage to trade U.S. equities, options, ETFs, and futures, with Integra Trade operating as a remote division.
Full T3 Trading Group 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
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.
Frequently asked
Common questions
- Which has a higher profit split — SMB Capital or T3 Trading Group?
- SMB Capital pays 70%; T3 Trading Group pays 95% of trader profits once funded. T3 Trading Group pays a higher share to the trader.
- Which pays out faster — SMB Capital or T3 Trading Group?
- SMB Capital payouts: Monthly. T3 Trading Group payouts: Monthly.
- What's the maximum allocation at SMB Capital vs T3 Trading Group?
- SMB Capital scales up to Firm capital (no trader contribution for proprietary track). T3 Trading Group scales up to $20,000,000.
- Can I trade news at SMB Capital or T3 Trading Group?
- SMB Capital: permits news trading. T3 Trading Group: permits news trading.
- Can I hold positions overnight at SMB Capital or T3 Trading Group?
- SMB Capital: allows overnight holds. T3 Trading Group: allows overnight holds.
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