Smart Prop Trader plans: fees, splits, drawdown and payout terms
Plan
Account
Fee
Cost/$10K
Split
Target
Drawdown
Daily loss
Consistency
Payout
Data
Notes
2-Step Evaluation
$5K
$57
$114
75–95%
7% + 5%
8% · Static
4%
None
~14 days
Reviews
No minimum trading days. Split climbs in 5% increments to 95% max; 90/10 auto if balance +25% per quarter.
2-Step Evaluation
$100K
~$497
$50
75–95%
7% + 5%
8% · Static
4%
None
~14 days
Reviews
Approximate price for $100K tier.
Our Take
The Propfundsy view on Smart Prop Trader
Smart Prop Trader runs a single, low-friction format: a 2-Step evaluation with no minimum trading days, an 8% static drawdown, and a 4% daily loss limit, priced from $57 for a $5K account up to roughly $497 for $100K. Its split structure is the standout — starting at 75% and climbing in 5% increments to a 95% ceiling as milestones are hit, with an automatic bump to 90/10 if the account grows 25% in a quarter. The firm runs on DXtrade rather than the more common MT5/cTrader pairing, and its own tag data flags the underlying broker/platform as unregulated — worth weighing against the firm's 4.5/5 Trustpilot rating from over 2,500 reviews. Founded in mid-2022, matching the four years tracked here. One caution: at least one review aggregator currently lists Smart Prop Trader as closed, while other, more recent reviews describe it as active as of mid-2026 — confirm the firm is still operating before paying an evaluation fee.
Assessment
Pros & considerations
Pros
Split scales to 95% on milestones
No minimum trading days
Considerations
Transparent pricing, no hidden fees
Unregulated broker/platform (DXtrade)
FAQ
Smart Prop Trader — common questions
What profit split does Smart Prop Trader offer?
Smart Prop Trader offers a profit split of 75–95% on funded accounts.
How much does a Smart Prop Trader account cost?
Smart Prop Trader plans start at $57 for a $5K 2-Step Evaluation account, with sizes ranging $5K–$200K.
How fast does Smart Prop Trader pay out?
Typical payout timing at Smart Prop Trader is ~14 days. Bi-weekly.