# SMP Fund > SMP Fund is a prop trading firm offering funded trading challenges. Pass a trading evaluation or start funded instantly, trade a simulated account up to $100,000, and keep up to 80% of the profit. SMP Fund provides prop trading (proprietary trading) accounts on MetaTrader 4 and MetaTrader 5, with transparent trading rules, crypto payouts, and support in English, Arabic, Persian, German, French, and Spanish. ## Challenge programs Prices in US dollars for a new purchase today; an account keeps the terms it was bought with. - $2K Instant Funding: $2,000 account, fee $65, profit split 70%. funded from the start: max daily loss 0%, max total loss 6% - $2K Prime Challenge: $2,000 account, fee $29, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $2K Rapid Challenge: $2,000 account, fee $39, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days - $5K Prime Challenge: $5,000 account, fee $49, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $5K Rapid Challenge: $5,000 account, fee $59, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days - $6K Instant Funding: $6,000 account, fee $160, profit split 70%. funded from the start: max daily loss 0%, max total loss 6% - $10K Prime Challenge: $10,000 account, fee $89, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $10K Rapid Challenge: $10,000 account, fee $99, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days - $25K Prime Challenge: $25,000 account, fee $189, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $25K Rapid Challenge: $25,000 account, fee $211, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days - $50K Prime Challenge: $50,000 account, fee $290, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $50K Rapid Challenge: $50,000 account, fee $330, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days - $100K Prime Challenge: $100,000 account, fee $520, profit split 80%. Phase 1: profit target 8%, max daily loss 5%, max total loss 10%, at least 5 trading days; Phase 2: profit target 5%, max daily loss 5%, max total loss 10%, at least 5 trading days - $100K Rapid Challenge: $100,000 account, fee $580, profit split 80%. Evaluation: profit target 8%, max daily loss 3%, max total loss 6%, at least 3 trading days ## Key rules at a glance - News trading: allowed on Prime and Rapid. Within ±15 minutes of a high-impact event on the site's economic calendar (UTC), only 40% of the profit counts while 100% of any loss counts. Not allowed on Instant. - Free trial reward: Free demo gift: pass the 14-day free demo (reach the 8% target with all trades closed, at least 3 trading days and 5 closed trades, no day above 50% of the profit) and get a free $2,000 two-step challenge as a gift (one per person, personal code valid 48 hours). ## Key pages - [Challenge programs](https://smpfund.com/shop): Prop trading challenge programs, account sizes, and pricing. - [How it works](https://smpfund.com/how-it-works): How challenge purchase, evaluation, and funded accounts work. - [Trading rules](https://smpfund.com/trading-rules): Drawdown limits, consistency rules, and funded-phase requirements. - [Compare challenges](https://smpfund.com/compare-challenges): Side-by-side comparison of all challenge programs. - [Build your challenge](https://smpfund.com/build-challenge): Configure a custom challenge by account size, type, and add-ons. - [Free prop firm challenge](https://smpfund.com/free-prop-firm-challenge): Free trial: a demo account under real challenge rules, no card, no payouts on the demo itself. Free demo gift: pass the 14-day free demo (reach the 8% target with all trades closed, at least 3 trading days and 5 closed trades, no day above 50% of the profit) and get a free $2,000 two-step challenge as a gift (one per person, personal code valid 48 hours). - [Custom prop firm challenge](https://smpfund.com/custom-prop-firm-challenge): Guide to building your own challenge: path, account size, daily and overall drawdown, Max Open-Trade Loss and how the price is set. - [Payout info](https://smpfund.com/payout-info): Profit split and payout schedule. - [Payout proof](https://smpfund.com/payout-proof): Real payout history from our trading firm. - [FAQ](https://smpfund.com/faq): Frequently asked questions about prop trading challenges. - [Blog](https://smpfund.com/blog): Articles on prop trading and funded accounts. ## More pages - [About](https://smpfund.com/about): Company background and mission. - [Why us](https://smpfund.com/why-us): Fourteen concrete differences: custom challenge builder, static drawdown, no time limit, EA support, transparent rules, appeals, scaling and staged payouts. - [Affiliate program](https://smpfund.com/affiliate-program): Earn commission for every trader you refer to our challenges. - [Help center](https://smpfund.com/help): Step-by-step guides for buying a challenge, connecting MT4/MT5, payouts and account settings. - [Glossary](https://smpfund.com/glossary): Plain-language definitions of prop trading terms: drawdown, Max Open-Trade Loss, profit target, yellow flags, payouts and more. - [Contact](https://smpfund.com/contact): Support contact channels. - [Brokers](https://smpfund.com/brokers): Supported brokers and how trading accounts are provisioned. - [Platforms](https://smpfund.com/platforms): MetaTrader 4 and MetaTrader 5 availability and download links. - [Scaling plan](https://smpfund.com/scaling): How funded accounts scale up after consistent performance. - [Leaderboard](https://smpfund.com/leaderboard): Top funded traders ranked by profit. - [Legal](https://smpfund.com/legal): Terms, privacy, risk disclosure, and refund policy. - [Economic news](https://smpfund.com/economic-news): Market-moving economic calendar and news. - [Status](https://smpfund.com/status): Live operational status for the trading platform. ## Optional - [Sitemap](https://smpfund.com/sitemap.xml) Contact: info@smpfund.com