What Happened to Smart Prop Trader?
The US firm announced a planned wind-down in November 2024, with a final trading date of 29 December 2024 and refunds for some account holders.
Closure Date
2024-12-29
Status
Closed
Last Updated
Last updated: 2026-09-27
The full story
Smart Prop Trader, founded in late 2022, sold low-cost forex evaluations during 2023–2024.
In November 2024 it announced a planned wind-down: current traders could keep trading until 29 December 2024, and account holders from November 2024 who were at break-even or above qualified for full refunds (Finance Magnates, 28 November 2024). No fraud accusations or regulatory actions were brought. The old domain now redirects to an unrelated broker; the Smart Prop Trader brand has not returned.
Why isn't Smart Prop Trader in our directory?
Propfirmbook's directory only includes firms we actively verify and track: live challenge pricing across every account size, payout terms and profit splits, complete trading rules, restricted-country lists, and current offers — checked continuously against each firm's own site. Firms outside the directory haven't been through that process, so we can't vouch for their current terms or operations.
Looking for verified firms? Browse the main directory →
Frequently asked questions
Why did Smart Prop Trader close?
It announced a voluntary wind-down in November 2024 without citing a single cause, amid a year of industry-wide closures, and ended trading on December 29, 2024.
Did Smart Prop Trader pay traders on the way out?
Partly. Its wind-down plan let traders continue until 29 December 2024 and offered full refunds to November 2024 account holders at break-even or above. PropFirmBook has not found a full public record of payouts after closure.
Why does the old Smart Prop Trader website redirect to a broker?
The domain now points to an unrelated retail brokerage. No stated connection to Smart Prop Trader or its founder has been published — treat it as a domain redirect, not a relaunch.
What are the best alternatives to Smart Prop Trader?
See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.
