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

BuoyTrade vs Smart Prop Trader

Side-by-side comparison of trust scores, profit splits, payout speed, and real trader reviews. Independent data — no sponsored rankings.

BUOY
BuoyTrade
Smart Prop Trader
SMPT
Smart Prop Trader
EST. 2022
BUOYTRADE
METRIC
SMART PROP TRADER
0/100
TRUST SCORE
BETTER73/100
0/5TIE
RATING
TIE0/5
80%
PROFIT SPLIT
BETTER85%
$1,024,000BETTER
MAX FUNDING
$800,000
$50BETTER
MIN COST
$97
14d
PAYOUT DAYS
BETTER7d
PASS RATE
0TIE
REVIEW COUNT
TIE0

BUOYTRADE DETAILS

STEPS
1-phase
DRAWDOWN
Static
MARKETS
Forex
PLATFORMS
MT4

SMART PROP TRADER DETAILS

STEPS
2-phase
DRAWDOWN
Fixed
MARKETS
Forex, Indices, Commodities, Metals
PLATFORMS
MT4, MT5
TYPES
forex, large-cap

BuoyTrade PROS

  • +Min challenge cost of $50 is well below the industry average of $186.7, making entry highly affordable.
  • +Single-step funding is better than the industry average of 1.6 steps, offering a faster path to funded status.
  • +Max funding of $1,024,000 is above the industry average of $839,272.7, providing above-average scaling potential.
  • +Profit target of 5% is well below the industry average of 7.9%, making the evaluation stage easier to pass.

BuoyTrade CONS

  • Profit split of 80% is below the industry average of 84.7%, reducing the trader's share of earnings.
  • Overall drawdown of 5% is well below the industry average of 7.9%, offering significantly less margin before breach.
  • EA/automated trading is not allowed, restricting algorithmic traders from participating with this firm.

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

BuoyTrade
Lower trust score (0/100). Slower payouts at 14d. 80% profit split.
Smart Prop Trader
Higher trust score (73/100). Faster payouts at 7d. 85% profit split.

RELATED LINKS

BuoyTrade Full Review →Smart Prop Trader Full Review →All Comparisons →
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