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Smart Prop Trader Review
Smart Prop Trader was a prop trading firm that wound down at the end of 2024. Its old domain now redirects to an unrelated broker called FXnity.
Min Deposit
N/A
Spreads From
Not applicable, the firm wound down its trading business
Max Leverage
Not published; the firm is no longer operating
Platforms
Was moving to cTrader and new broker partners near the end
Pros
- Gave traders more than a month of notice before the final shutdown
- Kept paying existing traders through its last day of operation
- Offered full refunds to some traders caught by the wind down
- Was open about its closure instead of vanishing without warning
Cons
- Stopped accepting new traders on November 27, 2024
- Fully wound down its funded trader business by December 29, 2024
- A promised comeback with a new product never clearly followed
- Its old domain now redirects to an unrelated broker called FXnity
- No independent company registration for the firm could be confirmed
Smart Prop Trader was a prop trading firm that offered funded accounts to retail traders. Led by chief executive Blake Olson, it stopped accepting new traders on November 27, 2024, and announced a full wind down by the end of that year.
The firm kept paying existing traders and let them keep trading until December 29, 2024. Traders who opened accounts in November 2024 and were at breakeven or in profit qualified for a full refund, and the firm said it would handle other open accounts case by case. It also promised a comeback with a new product, though no clear relaunch followed under the same name.
By August 2026, the old smartproptrader.com domain no longer shows any prop trading content. It now redirects to FXnity, an unrelated broker, which is a strong sign the original brand never returned. Anyone who sees this name advertised today should confirm who is really behind it before paying for a challenge.
Max Leverage
Not published; the firm is no longer operating
Spreads From
Not applicable, the firm wound down its trading business
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
