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
Traders Launch vs Smart Prop Trader
Side-by-side comparison of trust scores, profit splits, payout speed, and real trader reviews. Independent data — no sponsored rankings.
TDLC
Traders Launch
SMPT
Smart Prop Trader
EST. 2022
TRADERS LAUNCH
METRIC
SMART PROP TRADER
0/100—
TRUST SCORE
BETTER73/100
0/5TIE
RATING
TIE0/5
—
PROFIT SPLIT
85%
—
MAX FUNDING
$800,000
—
MIN COST
$97
7dTIE
PAYOUT DAYS
TIE7d
—
PASS RATE
—
0TIE
REVIEW COUNT
TIE0
TRADERS LAUNCH DETAILS
- STEPS
- -phase
SMART PROP TRADER DETAILS
- STEPS
- 2-phase
- DRAWDOWN
- Fixed
- MARKETS
- Forex, Indices, Commodities, Metals
- PLATFORMS
- MT4, MT5
- TYPES
- forex, large-cap
Traders Launch PROS
- +Daily payout frequency is highly competitive, offering traders faster access to funds than most firms.
- +Days to first payout at 7 is close to the industry average of 6.5, reflecting a reasonable wait time.
- +No data is available to identify further above-average metrics for Traders Launch.
- +No data is available to identify further above-average metrics for Traders Launch.
Traders Launch CONS
- −Very limited data is provided, making full comparison to industry averages impossible across most metrics.
- −Without profit split, funding size, or challenge cost data, overall value cannot be properly assessed.
- −Lack of transparency on drawdown, targets, and steps to funded limits trader decision-making confidence.
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
Smart Prop Trader
Higher trust score (73/100). Faster payouts at 7d. 85% profit split.
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