I never had any issues with the SMB dashboard. Their customer service is definitely not as attentive and prompt as E2T and TST but in the end this is about making money so me personally--I would rather have a much better financial deal to make more money and withdraw profits and as long as I get paid promptly when I request my profits withdrawal --I can let other customer service issues that are lagging go---if SMB drags their feet on paying me my profit withdrawal request promptly when a request is made then that is a completely different story and I would not be willing to put up with that
All the SMB dashboard does it just show you where you are at as far as trading days and p&l and any rule violation status which really you would already know all that from your trading and looking at the R trader Pro dashboard - etc. As far as trading to pass their tryout--in my opinion the SMB tryout is actually much harder to pass than TST or E2T as with SMB you only have a $1,000 daily loss limit but have to make $5K or more profit so that is a 5 to 1 ratio. To give you an idea in E2T and Topstep--I haven't looked at their programs recently but if memory serves me correct I believe E2T on $100K acct was daily loss limit $2200 to make $6,000 or more profit (about 2.75 to 1) and TST was $2,000 daily loss limit to make at least $6,000 profit --so 3 to 1.
If E2T had the same 5x1 ratio as SMB then on E2T $2,200 daily loss limit the profit target would have to be $11,000 instead of the $6,000 that it is and if TST had the same 5x1 ratio as SMB on TST on the $2,000 daily loss limit the profit target would need to be $10,000 instead of the $6,000 that it is.
As far at 80-20 versus 50-50 -- versus other splits--its really just a function of how much funding you have access to as what is a fair split. Now the following is an extreme example but just using it to prove a point.
If you passed a stricter combine tryout than any of these companies offer but if you passed then the funding company gave you a max "fixed" not trailing drawdown of $500,000 and a max daily loss of $100,000 and in return for that funding they wanted the profit split to be 80-20 in their favor (80% to funding company and 20% to you the trader) then you would certainly make much more money with that deal than an 80-20 split in your favor with max funding of $4,500 drawdown. Say as an example with a $4,500 max drawdown you trade 1 ES emini contract on each and make $500 a day trading that one contact. You get 80% of $500 which is $400.
On the other hand if you have a $500,000 max drawdown which is over 100X the $4,500 drawdown in the previous example. So now since your drawdown is 100X greater you now trade with 100x the contract size so now you are trading with 100 contracts per trade instead of 1 contact and you are taking the same trades so you end up with 100X the daily profit and your profit instead of $500 a day is now $50,000 a day - but in this case you only get to keep 20% which would be $10,000
So you could be under a 20-80 deal with higher funding and make $10,000 a day only getting 20% versus getting 80% in your favor and just making $400 a day
an extreme example yes--but it just goes to show you that while 80-20 sounds great-- its better to have higher funding --depending on the math %
All the SMB dashboard does it just show you where you are at as far as trading days and p&l and any rule violation status which really you would already know all that from your trading and looking at the R trader Pro dashboard - etc. As far as trading to pass their tryout--in my opinion the SMB tryout is actually much harder to pass than TST or E2T as with SMB you only have a $1,000 daily loss limit but have to make $5K or more profit so that is a 5 to 1 ratio. To give you an idea in E2T and Topstep--I haven't looked at their programs recently but if memory serves me correct I believe E2T on $100K acct was daily loss limit $2200 to make $6,000 or more profit (about 2.75 to 1) and TST was $2,000 daily loss limit to make at least $6,000 profit --so 3 to 1.
If E2T had the same 5x1 ratio as SMB then on E2T $2,200 daily loss limit the profit target would have to be $11,000 instead of the $6,000 that it is and if TST had the same 5x1 ratio as SMB on TST on the $2,000 daily loss limit the profit target would need to be $10,000 instead of the $6,000 that it is.
As far at 80-20 versus 50-50 -- versus other splits--its really just a function of how much funding you have access to as what is a fair split. Now the following is an extreme example but just using it to prove a point.
If you passed a stricter combine tryout than any of these companies offer but if you passed then the funding company gave you a max "fixed" not trailing drawdown of $500,000 and a max daily loss of $100,000 and in return for that funding they wanted the profit split to be 80-20 in their favor (80% to funding company and 20% to you the trader) then you would certainly make much more money with that deal than an 80-20 split in your favor with max funding of $4,500 drawdown. Say as an example with a $4,500 max drawdown you trade 1 ES emini contract on each and make $500 a day trading that one contact. You get 80% of $500 which is $400.
On the other hand if you have a $500,000 max drawdown which is over 100X the $4,500 drawdown in the previous example. So now since your drawdown is 100X greater you now trade with 100x the contract size so now you are trading with 100 contracts per trade instead of 1 contact and you are taking the same trades so you end up with 100X the daily profit and your profit instead of $500 a day is now $50,000 a day - but in this case you only get to keep 20% which would be $10,000
So you could be under a 20-80 deal with higher funding and make $10,000 a day only getting 20% versus getting 80% in your favor and just making $400 a day
an extreme example yes--but it just goes to show you that while 80-20 sounds great-- its better to have higher funding --depending on the math %
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