Smart Prop Trader: Leading Prop Trading Firm in the U.S.
Smart Prop Trader, led by CEO Blake Olsen, is a United States-based proprietary trading firm that has been operational for one year. The firm offers trading on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, partnering with EightCap as its broker.
Why Choose Smart Prop Trader?
Advanced Trading Platforms: Smart Prop Trader utilizes MT4 and MT5, providing traders with reliable and advanced trading tools.
Flexible Account Sizes: With account sizes ranging from $10,000 to $200,000, Smart Prop Trader caters to a diverse range of traders, accommodating various levels of capital and expertise.
Structured Evaluation Process
Smart Prop Trader employs a two-step evaluation process, offering clear and achievable profit targets:
- Phase 1: Achieve a 7% profit target.
- Phase 2: Achieve a 5% profit target.
Risk Management: The maximum total drawdown is fixed at 8% across all accounts, ensuring a consistent and disciplined approach to risk management.
Diverse Trading Instruments
Smart Prop Trader offers a focused selection of trading instruments, allowing traders to implement various strategies:
- FX Pairs
- Commodities
- Indices
- Cryptocurrencies
Leverage Options
Smart Prop Trader provides competitive leverage options tailored to different asset classes:
- FX Pairs: 1:100
- Metals: 1:20
- Indices: 1:20
- Cryptocurrencies: 1:2
A Promising Opportunity for Traders
Smart Prop Trader offers a promising opportunity for traders seeking to excel in the financial markets. With access to advanced trading platforms, a structured evaluation process, and a diverse range of trading instruments, Smart Prop Trader supports traders in achieving substantial success. The firm's commitment to offering competitive leverage options and robust risk management practices makes it a standout choice in the prop trading industry.