In order to become a SPT Trader, you will have to pass our 2-step Evaluation Process. Step 1: You will have superior virtual account conditions in the form of our own Smart Prop Trader virtual account solution with very low commissions and raw spreads. If you manage to pass all requirements, you will proceed to the second and final step of the evaluation. Step 2: The Verification stage with an unlimited amount of time to pass. The rules in the Verification stage are significantly easier. The phase 1 target is 7% virtual profit and the phase 2 target is 5% virtual profit.