Smart Prop Trader vs
Nordic Funder

Do you know why traders choose Nordic Funder over Smart Prop Trader?
We do: Nordic Funder offers a simple 1-step assessment with 10% max drawdown.

Tired of confusing programs and restrictive rules? 🥱 So are we.

Unlike Smart Prop Trader and many other prop firms, Nordic Funder has a simple 1-step assessment with generous drawdown limits instead of tight restrictions designed to make you fail. Start on the right foot by joining Nordic Funder.

Why you should join the Nordic Funder clan

Nordic Funder lets you receive your first payout after 24 hours. Smart Prop Trader makes you wait 12 days to receive your first payout.

Nordic Funder will increase your capital whenever you reach the 10% profit target. The Smart Prop Trader scaling program has many restrictions and contingencies.

We give you a 10% max trailing drawdown. Whereas Smart Prop Trader only gives 8% trailing drawdown.

To pass the Nordic Funder assessment, you only need to reach 10%. To pass Smart Prop Trader you need to reach 8% and then 4%.

 

NORDIC

Account size

$25,000

Profit target

10%

Max trailing loss

10%

Daily loss

5%

Profit share

Up to 90%

First payout

24 hours


$250

 

SPT

Account size

$25,000

Profit target

12%

Max trailing loss

8%

Daily loss

4%

Profit share

85%

First payout

12 days


$167

Why choose Nordic

Other prop firms manage risk by eliminating their risk with restrictive rules that only burn traders and their assessment fees. Nordic Funder doesn’t work that way. If you pass our assessment, we trust your trading. Our Swedish heritage has taught us that success and prosperity come from building transparent, fair, and equitable products for traders and money managers.

Choose and customise your account

Frequently asked questions

When can I get my first payout?

1Which broker do you use?
Nordic Funder uses its sister company and well-known retail forex broker, Scandinavian Capital Markets. It ensures the same trading conditions for its direct clients and participants of the funded trader program. Meanwhile, Smart Prop Trader uses EightCap, an infamous broker in the prop trading industry, for struggling to support dozens of funded trader programs.
2Which platform can I use?
We only provide MT4 accounts for participating in the funded trader program. Other prop firms, such as Smart Prop Trader, also offer MT5.
3When can I get my first payout?
We let you choose when to request your first profit share after you’ve been funded for at least 24 hours. However, subsequent payouts should have at least 14-day intervals. In contrast, Smart Prop Trader makes you wait 12 days for your first profit share.
4Do you offer a scaling program?
Yes. We offer one of the most competitive scaling programs in the prop trading industry. We multiply your starting capital according to your level when you reach 10% profit after two weeks. Other prop firms, such as Smart Prop Trader, only increase your funding by 25% every 3 months.
5When was Nordic Funder established?
The Nordic Funder journey started in 2011 when Scandinavian Capital Markets launched. In 2021, Scandinavian Funded Trader launched and later rebranded to Nordic Funder. Smart Prop Trader launched in 2020 as a forex mentor and later launched a funded trader program in 2022.