Last updated: August 27, 2026
Order Execution Model
Orders on evaluation and trader-facing "funded" accounts are executed within a simulated environment designed to closely mirror live market conditions, including realistic spreads and slippage. Price feeds are used for simulation quality; simulated fills are not a promise of identical live-market fills. See Simulated Trading.
Firm-Side Live Mirroring
Separately from the trader's simulated account, SMP Fund may selectively mirror (copy-trade) some orders on the firm's own live accounts for internal risk management. That firm-side activity does not make SMP Fund the trader's broker or custodian and does not convert the trader account into a live brokerage account.
Slippage & Requotes
Slippage may occur during high volatility. This is a normal part of market-like simulated execution and not considered a platform error.
