Last updated: August 8, 2026
What Is Simulated
All trader evaluation accounts and all trader-facing "funded" accounts at SMP Fund are simulated. They are used for skill assessment and program participation. They are not live brokerage accounts, and SMP Fund is not your broker or custodian. Challenge fees are access fees; payouts are performance rewards calculated on simulated results.
Firm-Side Copy-Trade
The firm may selectively send some orders live on its own accounts (copy-trade / live mirroring) for internal purposes. That does not change the simulated nature of your trader account. Details: Execution Policy, Terms & Conditions.
Questions? Contact us at [email protected] or via Telegram.