Summary
This firm is no longer in operation.
I registered on May 29, 2024, and purchased one 50k challenge on June 22, 2024. I don’t remember exactly, but at the time, Smart Prop Trader had very high review ratings on Prop Firm Match.(although the number of reviews was somewhat limited). The atmosphere in their Discord was also positive, which led me to make the purchase. Unfortunately, I failed during Phase 1.
After that, while I was considering whether to purchase again, complaints about the firm gradually began to increase, and they were eventually delisted from Prop Firm Match. Even at that point, based on what I saw from their posts on X and their responses in Discord, I still thought the company was probably fine. However, since problems were clearly emerging, I decided to wait and observe.
Before long, the site went down entirely.
What this experience taught me is that no matter how well a company presents itself in words, there is no guarantee that those words reflect the truth. In other words, we should evaluate a firm’s reliability not by what they say, but by what they do — whether payouts are processed promptly, whether support is responsive and substantive, and how they handle traders who are flagged for violations.