Best Prop Firm - Smartproptrader Discount Code

Up to 33% discount when in promotion! Use discount code 'failuresfx33' for 10% discount. This is a permanent discount code.

Register using this link to get to the special promotion(Metatrader 5 is now available),
https://globalforexfunds.com/?ref=failuresfx

EAs, copier, weekend holding and news trading is allowed and US traders accepted. You can read more on the FAQ page.
They have been operating since 2023.

Globalforexfunds has the most cost effective prop firm challenges out there. Also, good reviews on trustpilot.

While most firms are tightening rules and pushing traders to fail, we’re doing the opposite. We focus on simplicity, transparency, and real results. We’ve seen how other prop firms bait traders with fake refund schemes and unsustainable discount gimmicks, only to block payouts or drown them in unrealistic targets.
We offer challenges that are actually passable, payout schedules you can count on, and pricing that’s fair.

Our brand stands for:

 

1. Fair, trader-first rules
2. Sustainable payout models
3. Realistic profit targets
4. Zero hype. Just performance.

We’re here to make funded trading accessible,
and we’re doing it the right way.


Our Challenges Are Built for Serious Traders
We didn’t create our programs just to collect fees—we built them to fix what others ignored. Every model we offer solves a real problem, giving traders a fairer shot.

Private Challenge – Designed for Your Success
Most one-phase challenges are set up for failure. Ours is built differently—with your success in mind.

1. 15% Max Drawdown – generous room to breathe
2. 8% Profit Target – realistic and reachable
3. 1:100 Leverage
4. Only 1 Trading Day Required
5. Free Retry if You Don’t Pass

This structure gives traders up to 20% higher pass rates compared to traditional models. If you want fairness, flexibility, and a true path to funding—this is it.

Economy Challenge – Simple, Affordable, Effective
Our most budget-friendly challenge. Ideal if you want structure without all the noise.

1. 1 Phase
2. 10% Max Drawdown / 10% Profit Target
3. 1:30 Leverage
4. 7 Minimum Trading Days
5. Low-Cost Entry

Straightforward rules, strong conditions—this is one of the best-priced 1-phase challenges out there.

Instant Funding – Skip the Challenge. Start Earning.
Don’t want to wait? Get funded immediately with no evaluation phase.

1. No Challenge Required
2. 8% Max Drawdown / 4% Daily Drawdown
3. Trade Live from Day One
4. Fast Withdrawals
5. Highly Competitive Pricing

Jump straight into live trading with funded capital.

Hi all,

Now the discount is directly on the page.

Payout

Payout

Problem is your account size is not its real account size. For example, the 10k account with max drawdown of 750, compare it to other firms its really just a 7500 account not 10k. Hope you improve on this in the future.

Thank you for your reply maflip. Our profit target however is lower than of that other firms. So, easier to reach profit target if your entry is good.
We are also cheaper.

MARKET COMMENTARY

On Friday, U.S. stocks extended their decline to a third session. The Dow Jones Industrial Average fell 281 points (-0.85%) to 32,920, the S&P 500 slid 43 points (-1.12%) to 3,852, and the Nasdaq 100 was down 101 points (-0.89%) to 11,243.

Automobiles (-4.68%), real estate (-2.96%), and consumer durables & apparel (-2.06%) sectors lost the most.

Tesla (TSLA) lost a further 4.72%.

Accenture (ACN) fell 5.92% after the information technology consulting firm reported lower-than-expected bookings.

Meta Platforms (META) advanced 2.82% after the stock was upgraded to "overweight" at JPMorgan.

Adobe (ADBE) rose 2.99% as the software developer posted better-than-expected fourth-quarter earnings.

From a technical point of view, 3M (MMM), American Express (AXP), Goldman Sachs (GS), and Verizon Communications (VZ) crossed under their 50-day moving average.

The U.S. 10-year Treasury yield rose 3.8 basis points to 3.484%.

The S&P Global U.S. manufacturing purchasing managers index (PMI) fell to 46.2 in December (vs 48.2 expected).

European stocks closed lower again. The DAX 40 fell 0.67%, the CAC 40 slid 1.08%, and the FTSE 100 was down 1.27%.

U.S. WTI crude futures dropped $1.80 to $74.33 a barrel.

Gold price rebounded $16 to $1,793 a barrel.

The U.S. dollar index climbed to 104.74.

EUR/USD declined 39 pips to 1.0589. December S&P Global manufacturing PMI was posted at 47.8 for the Eurozone (vs 46.6 expected), at 47.4 for Germany (vs 45.9 expected), and at 48.9 for France (vs 48.6 expected).

Argentina beat France to win the 2022 World Cup.

GBP/USD slid 25 pips to 1.2153. In the U.K., the GfK Consumer Confidence Index was posted at -42 in December (vs -43 expected), and retails sales declined 0.4% on month in November (vs +0.3% expected). The S&P Global U.K. manufacturing PMI was posted at 44.7 (vs 46.3 expected).

USD/JPY dropped 105 pips to 136.73.

AUD/USD fell 16 pips to 0.6687.

USD/CHF increased 58 pips to 0.9342, and USD/CAD was up 41 pips to 1.3699.

Bitcoin lost the $17,000 level trading lower to $16,840.

Max drawdown of 7500 and profit target 750, is 10% profit target. So profit target is not lower. (Hope you someday change drawdown to 10% of initial balance).

Your accounts is just disguised to make profit target look lower. You give more days, which is 50 thats the only advantage you give.

Your accounts is cheaper but is 25% less than others.

Thank you maflip for the constructive criticism. The drawdown is similar if you take into account the drawdown rule. If you look into other advantages at smartproptrader, we have among the least restrictions when compared to other prop firms plus the 50 days you mentioned.

Also, we use eightcap, so low spreads and good transaction speed is by default.

MARKET COMMENTARY


On Monday, U.S. stocks extended their losing streak to a fourth session, as negative sentiment lingered. The Dow Jones Industrial Average declined 162 points (-0.49%) to 32,757, the S&P 500 fell 34 points (-0.91%) to 3,817, and the Nasdaq 100 was down 159 points (-1.42%) to 11,084.

Consumer durables & apparel (-2.34%), media (-2.32%), and retailing (-2.05%) sectors lost the most.

Meta Platforms (META) fell 4.14%, as the European Commission alerted the social technology company that its Facebook Marketplace is breaching European Union antitrust laws.

L3Harris Technologies (LHX) slid 3.62% after the aerospace and defense company agreed to buy Aerojet Rocketdyne (AJRD) for $4.7 billion. The latter rose 1.29% following the news.

Accenture (ACN) dropped a further 3.43% as Jefferies lowered its price target on the stock to $279 from $290.

The U.S. 10-year Treasury yield jumped 10.6 basis points to 3.588%.

European stocks closed higher. The DAX 40 rose 0.36%, the CAC 40 added 0.32%, and the FTSE 100 was up 0.40%.

U.S. WTI crude futures gained $1.40 to $75.69 a barrel.

Gold price was down $5 to $1,787 an ounce.

The U.S. dollar index was stable at 104.72.

EUR/USD climbed 18 pips to 1.0604. Germany's Ifo business climate index improved to 88.6 in December (vs 87.0 expected).

USD/JPY increased 42 pips to 137.02. Later today, the Bank of Japan is expected to keep its key interest rate at negative level of -0.100%.

GBP/USD dipped 5 pips to 1.2143.

AUD/USD added 11 pips to 0.6696.

USD/CHF slid 42 pips to 0.9295, and USD/CAD declined 45 pips to 1.3654.

Bitcoin traded lower to $16,400.

MARKET COMMENTARY




On Tuesday, U.S. stocks pared early-session losses to close mixed. The Dow Jones Industrial Average rose 92 points (+0.28%) to 32,849, the S&P 500 added 4 points (+0.11%) to 3,821, while the Nasdaq 100 declined 12 points (-0.11%) to 11,072.



The U.S. 10-year Treasury yield jumped 10.5 basis points to 3.690% after the Bank of Japan surprised markets by allowing long-term government bond yields to rise.



Energy (+1.52%), insurance (+1.09%), and media (+0.83%) sectors were the top performers, while automobiles (-6.27%), transportation (-1.42%), and semiconductors (-0.73%) sectors lost the most.



Tesla (TSLA) slumped 8.05% after brokerages Evercore ISI and Mizuho cut their price targets on the stocks.



Wells Fargo (WFC) fell 2.01% after the bank agreed to a $3.7 billion settlement with authorities over mismanagement of automobile loans, mortgages and deposit accounts.



From a technical point of view, Walmart (WMT) crossed above its 50-day moving average.



Regarding U.S. economic data, the number of housing starts posted at an annualized rate of 1.427 million units (vs 1.40 million units expected).



European stocks closed mixed. The DAX 40 fell 0.42%, the CAC 40 dropped 0.35%, while the FTSE 100 edged up 0.13%.



U.S. WTI crude futures rose $0.6 to $75.96 a barrel.



Gold price jumped $31 to $1,818 an ounce.







As expected, the Bank of Japan kept its benchmark interest rate unchanged at negative level of -0.10%. However, the central bank shocked markets with a tweak to its yield curve control, allowing 10-year government bond yield to move 50 basis points either side of its 0% target, wider than the previous 25 basis point band.



USD/JPY then plunged 521 pips (-3.81%) to 131.70, the lowest level since August.



The U.S. dollar index then fell to 103.99.



EUR/USD rose 17 pips to 1.0624. Germany's data showed that producer prices fell 3.9% on month (vs -2.0% expected) but rose 28.2% on year (vs +30.8% expected) in November.



GBP/USD added 28 pips to 1.2177.



AUD/USD declined 22 pips to 0.6678.



USD/CHF fell 20 pips to 0.9266, and the USD/CAD was down 40 pips to 1.3608.



Bitcoin rebounded over 2% to $16,850.

MARKET COMMENTARY




On Wednesday, U.S. stocks closed over 1% higher. The Dow Jones Industrial Average rose 526 points (+1.60%) to 33,376, the S&P 500 gained 56 points (+1.49%) to 3,878, and the Nasdaq 100 rebounded 163 points (+1.48%) to 11,235.



Regarding U.S. economic data, the Conference Board consumer confidence index unexpectedly rose to 108.3 in December (vs 100.1 expected). The number of existing home sales dropped to an annualized rate of 4.09 million units in November (vs 4.30 million units expected).



The U.S. 10-year Treasury yield eased 1.3 basis points to 3.669%.



Consumer durables & apparel (+7.18%), semiconductors (+2.52%), and commercial & professional services (+2.06%) sectors led the market higher.



Nike (NKE) jumped 12.18% and Fedex (FDX) rose 3.43%, as both companies' quarterly earnings exceeded expectations.



From a technical point of view, 3M (MMM) and Verizon Communications (VZ) crossed above their 50-day moving average.



European stocks also closed higher. The DAX 40 rose 1.54%, the CAC 40 increased 2.01%, and the FTSE 100 was up 1.72%.



U.S. WTI crude futures climbed $2.20 (+2.88%) to $78.47 a barrel. The U.S. Energy Department reported a reduction of 5.89 million barrels in crude-oil stockpiles (vs -1.65 million barrels expected).



Gold price declined $3 to $1,814 an ounce.







The U.S. dollar index held steady at 104.21.



USD/JPY gained 66 pips to 132.39.



EUR/USD dipped 14 pips to 1.0610. In Germany, the GfK consumer confidence index improved to -37.8 for January (vs -36.0 expected).



GBP/USD dropped 100 pips to 1.2083. U.K. data showed that public-sector net borrowing rose to a record of 21.2 billion pounds in November from 13.4 billion pounds in October.



AUD/USD added 34 pips to 0.6712.



USD/CHF added 8 pips to 0.9268, while USD/CAD dipped 5 pips to 1.3606.



Bitcoin traded slightly lower to $16,790.

MARKET COMMENTARY




On Thursday, U.S. stocks tumbled again. The Dow Jones Industrial Average slid 348 points (-1.05%) to 33,027, the S&P 500 fell 55 points (-1.44%) to 3,822, and the Nasdaq 100 slumped 279 points (-2.49%) to 10,956.



Regarding U.S. economic data, third-quarter gross domestic product growth was finalized at an annualized rate of 3.2% on quarter (vs +2.9% in the previous estimate). The latest number of initial jobless claims rose to 216,000 (vs 225,000 expected).



The U.S. 10-year Treasury yield added 2.2 basis points to 3.684%.



Automobiles (-7.81%), semiconductors (-4.6%), and energy (-2.31%) sectors lost the most.



Tesla (TSLA) slumped 8.88% after the electric-car maker offered a higher discount of $7,500 on Model 3 and Model Y vehicles in the U.S.



Micron Technology (MU) fell 3.44%, as the memory-chip maker reported lower-than-expected quarterly earnings and announced plans to cut its workforce by about 10%.



CarMax (KMX) declined 3.66% after the company posted an 86% drop in quarterly profit on weak demand for used cars.



From a technical point of view, 3M (MMM), McDonald's (MCD), Microsoft (MSFT), and Walmart (WMT) crossed under their 50-day moving average.



European stocks also closed lower. The DAX 40 fell 1.30%, the CAC 40 declined 0.95%, and the FTSE 100 was down 0.37%.



U.S. WTI crude futures settled little changed at $78.26 a barrel.



Gold price slid $21 to $1,792 an ounce.







The U.S. dollar index held steady at 104.40.



EUR/USD fell 12 pips to 1.0593.



USD/JPY dipped 7 pips to 132.39. This morning, Japan's data showed that consumer prices increased 3.8% on year in November (vs +3.9% expected).



GBP/USD declined 46 pips to 1.2036. U.K. data showed that third-quarter gross domestic product declined 0.3% on quarter (vs -0.2% in the previous estimate, +0.2% in the previous quarter).



AUD/USD dropped 42 pips to 0.6665.



USD/CHF gained 47 pips to 0.9314, and USD/CAD increased 33 pips to 1.3645.



Bitcoin was flat at $16,785.

Payout

MARKET COMMENTARY




On Friday, U.S. stocks closed higher before the Christmas holidays. The Dow Jones Industrial Average climbed 176 points (+0.53%) to 33,203, the S&P 500 rose 22 points (+0.59%) to 3,844, and the Nasdaq 100 was up 29 points (+0.27%) to 10,985.



Energy (+3.16%), retailing (+1.36%), and media (+1.24%) sectors led the market higher.



APA Corp (APA) jumped 5.73%, Halliburton (HAL) rose 4.13%, Devon Energy (DVN) gained 3.99%, and Bath & Body Works (BBWI) was up 3.97%.



Nutanix (NTNX) declined 7.90% after Hewlett Packard Enterprise (HPE) said there were no takeover discussions with the cloud company.



AMC Entertainment (AMC) slumped 10.60% after the company announced a 10-to-1 reverse stock split.



From a technical point of view, Chevron (CVX +3.09% to $177.4) and McDonald's (MCD +0.68% to $267.57) crossed above their 50-day moving average.



Regarding U.S. economic data, durable goods orders declined 2.1% on month in November (vs -0.5% expected). Personal income rose 0.4% on month in November (vs +0.3% expected), and personal spending added 0.1% (vs +0.3% expected).



Also, the number of new home sales increased 5.8% on month in November (vs -5.0% expected). The University of Michigan consumer sentiment index was finalized at 59.7 for December (vs 59.1 in the previous estimate).



The U.S. 10-year Treasury yield slipped 1.04 basis points to 3.786%.



U.S. markets were closed on Monday for Christmas holiday, and will be open on Tuesday.



European stocks closed mixed. The DAX 40 gained 0.19%, while the CAC 40 fell 0.20%, and the FTSE 100 edged down 0.05%.



U.S. WTI crude futures climbed $2.20 to $79.67 a barrel.



Gold price increased $5 to $1,797 an ounce.







The U.S. dollar index slipped to 104.30.



EUR/USD added 22 pips to 1.0618. France’s data showed that producer prices jumped 21.5% on year in November (vs +20.3% expected).



USD/JPY gained 49 pips to 132.84.



GBP/USD climbed 14 pips to 1.2052.



AUD/USD increased 48 pips to 0.6718.



USD/CHF added 19 pips to 0.9330, and USD/CAD was down 64 pips to 1.3592.



Bitcoin held up well at $16,800.

MARKET COMMENTARY




On Tuesday, U.S. stocks closed mostly lower. The S&P 500 fell 15 points (-0.41%) to 3,829, and the Nasdaq 100 dropped 162 points (-1.48%) to 10,822, while the Dow Jones Industrial Average gained 37 points (+0.11%) to 33,241.



The U.S. 10-year Treasury yield jumped 10.2 basis points to 3.849%.



Telecoms services (+1.37%), energy (+1.14%), and household & personal products (+0.99%) sectors were the top performers, while automobiles (-8.52%), semiconductors (-2.59%), and media (-1.67%) sectors lost the most.



Tesla (TSLA) plunged 11.41% on reports that the electric-car maker will further reduce production at its Shanghai plant in January.



NIO Inc (NIO), a Chinese electric-vehicle maker, also slid 8.30% after cutting fourth-quarter delivery outlook.



Southwest Airlines (LUV) dropped 5.96% after the airline slashed its flight schedules due to massive winter storms in the U.S.



On the other hand, Alibaba (BABA) rose 4.92%, and JD.com (JD) gained 4.18%.



Regarding U.S. economic data, wholesale inventories increased 1.0% on month in November (vs +0.3% expected). The Dallas Fed manufacturing index posted at -18.8 for December (vs -11.0 expected).



U.S. home prices declined for a fourth straight month as the S&P Case-Shiller home price index fell 0.8% on month in October (vs -1.2% expected).



European stocks closed higher. The DAX 40 rose 0.39%, and the CAC 40 gained 0.70%. The U.K. market was closed for a holiday.



U.S. WTI crude futures settled flat at $79.66 a barrel.



Gold price increased $15 to $1,813 an ounce.







The U.S. dollar index dipped to 104.18.



EUR/USD edged up 4 pips to 1.0641.



USD/JPY gained 63 pips to 133.51. This morning, Japan's data showed that industrial production declined 0.1% on month in November (vs -0.2% expected).



GBP/USD slid 33pips to 1.2029.



AUD/USD added 4 pips to 0.6731.



USD/CHF declined 30 pips to 0.9290, and USD/CAD dropped 62 pips to 1.3520.



Bitcoin traded lower to $16,650.

Payout

MARKET COMMENTARY




On Wednesday, U.S. stocks remained under pressure. The Dow Jones Industrial Average dropped 365 points (-1.10%) to 32,875, the S&P 500 fell 46 points (-1.20%) to 3,783, and the Nasdaq 100 was down 143 points (-1.32%) to 10,679.



Technology hardware & equipment (-2.67%), energy (-2.22%), and consumer durables & apparel (-2.17%) sectors lost the most.



Apple (AAPL) slid 3.07% on concerns that a potential recession would impact demand for the company's products.



Amazon.com (AMZN) fell 1.47%.



Southwest Airlines (LUV) declined 5.16% following its mass flight cancellations and delays due to winter storms in the U.S.



MicroStrategy (MSTR), a big bitcoin-holding listed-company, sank 6.53% as the company sold some of its Bitcoins for the first time ever.



From a technical point of view, Chevron (CVX), IBM (IBM), and Visa (V) crossed under their 50-day moving average.



Regarding U.S. economic data, the number of pending home sales fell for a sixth consecutive month in November, declining 4.0% on month (vs -0.9% expected).



The U.S. 10-year Treasury yield advanced 4.4 basis points to 3.885%.



European stocks closed mixed. The DAX 40 fell 0.50%, the CAC 40 declined 0.61%, while the FTSE 100 rose 0.32%.



U.S. WTI crude futures dropped $0.90 to $78.67 a barrel.



Gold price was down $9 to $1,804 an ounce.







The U.S. dollar index climbed to 104.52.



EUR/USD fell 29 pips to 1.0611.



USD/JPY jumped 96 pips to 134.45. The Bank of Japan issued a summary of opinions from its latest policy meeting, showing that policymakers backed a continuation of ultra-accommodative policy.



GBP/USD declined 7 pips to 1.2018.



AUD/USD added 6 pips to 0.6738.



USD/CHF edged up 4 pips to 0.9294, and USD/CAD gained 85 pips to 1.3608.



Bitcoin traded further lower to $16,490.

MARKET COMMENTARY




On Thursday, U.S. stocks posted a sharp rally. The Dow Jones Industrial Average climbed 345 points (+1.05%) to 33,220, the S&P 500 rose 66 points (+1.75%) to 3,849, and the Nasdaq 100 jumped 271 points (+2.54%) to 10,951.



U.S. data showed that the latest number of initial jobless claims rose to 225,000 (vs 220,000 expected).



The U.S. 10-year Treasury yield retreated 5.7 basis points to 3.826%.



Automobiles (+6.95%), semiconductors (+3.09%), and media (+3.02%) sectors led the market higher.



Tesla (TSLA) rebounded a further 8.08% after Morgan Stanley was maintained its rating on the stock as "overweight".



Apple (AAPL) rose 2.83%, Amazon.com (AMZN) gained 2.88%, Alphabet (GOOGL) climbed 2.82%, Meta Platforms (META) advanced 4.01%, and Netflix (NFLX) was up 5.14%.



European stocks also closed higher. The DAX 40 rose 1.05%, the CAC 40 gained 0.97%, and the FTSE 100 was up 0.21%.



U.S. WTI crude futures declined $0.56 to $78.40 a barrel. The U.S. Energy Department reported an addition of 718,000 barrels in crude-oil stockpiles (vs -1.52 million barrels expected).



Gold price rebounded $10 to $1,814 an ounce.







The U.S. dollar softened against other major currencies. The dollar index declined to 103.90.



EUR/USD rose 55 pips to 1.0667. Eurozone data showed that M3 money supply grew 4.8% on year in November (as expected, vs +5.1% in October).



USD/JPY dropped 147 pips to 133.



GBP/USD added 48 pips to 1.2066.



AUD/USD increased 43 pips to 0.6780.



USD/CHF lost 62 pips to 0.9228, and USD/CAD was down 68 pips to 1.3540.



Bitcoin traded higher to $16,600.