Once a user opens an account, they have unlimited days to trade as a part of the Smart Prop Trader 2-Phase Challenge. The only restriction is a 14-day inactivity rule wherein traders must execute a trade within 14 days, or their account will be breached. If you meet the profit threshold in both phases. On all Standard Challenge accounts, profit target is set to 7% on Phase 1 and 5% on Phase 2. Whereas on all Pro Challenge accounts, profit target is set to 8% on Phase 1 and 5% on Phase 2. After successful completion of both Phase 1 and Phase 2 on either Standard or Pro Challenge types, then we will begin our KYC process to issue a Funded account to the trader.

Please note that prior to moving to a funded account, all traders must complete our internal review process wherein we will examine all trading behaviors and strategies utilized throughout the challenge's phases to determine if you're eligible to graduate to a funded account. Specifically, our internal review process will ensure that no prohibited strategies or trading behaviors were demonstrated as detailed within this article.

Please note that while Smart Prop Trader has no time restrictions for your virtual accounts, you must place at least 1 trade every 14 days to keep your account active. Although we have this inactivity rule in place, traders are welcome to reach out to our Customer Success team to get a courtesy 2 week extension before the start of their inactivity period.