RISK
Trading carries substantial risk of loss. Prop evaluation fees are typically non-refundable and the majority of traders do not pass first attempts. This comparison is for informational purposes only and does not constitute financial advice. Read full risk warning
HEAD-TO-HEAD COMPARISON · 2026
Apex Trader Funding vs Smart Prop Trader
Side-by-side comparison of trust scores, profit splits, payout speed, and real trader reviews. Independent data — no sponsored rankings.
APEX
Apex Trader Funding
✓ VERIFIEDEST. 2021
SMPT
Smart Prop Trader
EST. 2022
APEX TRADER FUNDING
METRIC
SMART PROP TRADER
61/100—
TRUST SCORE
BETTER73/100
4/5BETTER
RATING
—0/5
90%BETTER
PROFIT SPLIT
—85%
$300,000—
MAX FUNDING
BETTER$800,000
$35BETTER
MIN COST
—$97
8d—
PAYOUT DAYS
BETTER7d
31%
PASS RATE
—
1BETTER
REVIEW COUNT
—0
APEX TRADER FUNDING DETAILS
- STEPS
- 1-phase
- DRAWDOWN
- Trailing EOD
- MARKETS
- Futures
- PLATFORMS
- MT4, MT5
- TYPES
- futures, large-cap
SMART PROP TRADER DETAILS
- STEPS
- 2-phase
- DRAWDOWN
- Fixed
- MARKETS
- Forex, Indices, Commodities, Metals
- PLATFORMS
- MT4, MT5
- TYPES
- forex, large-cap
Apex Trader Funding PROS
- +Min challenge cost of $35 is among the lowest and far below the industry average of $186.7
- +Profit split of 90% is well above the industry average of 84.7%
- +Fee refund is available, reducing the financial risk of the evaluation process
- +Single-step funding is faster than the industry average of 1.6 steps
Apex Trader Funding CONS
- −Futures firm uses a dollar-based drawdown structure; overall drawdown percentage is not directly comparable to the 7.9% CFD average
- −Days to first payout of 8 is slightly above the industry average of 6.5 days
- −Trailing EOD drawdown type is more restrictive than a fixed drawdown structure
Smart Prop Trader PROS
- +Profit split of 85% is above the industry average of 84.7%.
- +Minimum challenge cost of $97 is well below the industry average of $186.7.
- +On-demand payouts, weekend holding, news trading, and EA use are all permitted.
- +Supports multiple platforms including MT4 and MT5.
Smart Prop Trader CONS
- −Max funding of $800,000 is slightly below the industry average of $839,272.7.
- −Days to first payout of 7 is marginally above the industry average of 6.5 days.
- −No fee refund offered, adding cost risk for traders who do not pass the challenge.
PROPDNA VERDICT
Apex Trader Funding
Lower trust score (61/100). Slower payouts at 8d. 90% profit split.
Smart Prop Trader
Higher trust score (73/100). Faster payouts at 7d. 85% profit split.
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