Ikhtisar:SMB Capital, founded in 2005 by Mike Bellafiore and Steve Spencer, is a proprietary trading firm located in Midtown Manhattan, New York City. SMB Capital focuses on trader training and development. They offer a variety of educational programs and resources, both for new and experienced traders. Their training program, SMB University (SMBU), provides education in equities, options, and automated trading. However, SMB Capital operates without valid regulation.
SMB Capital Review Summary | |
Founded | 2005 |
Registered Country/Region | United States |
Regulation | No Regulation |
Market Instruments | Equities, Options and Futures |
Training Programs | DNA of Successful Trading, The Winner Trader, Options Foundation, Reading the Tape |
Tools Packages | TRADER 90, TRADER 365 |
Training Fees | From $4000 |
Customer Support | Phone: +1 (646)-560-5953 |
Email: info@smbcap.com | |
Twitter, Linkedin, Facebook, Instagram, Youtube, and Live Chat |
SMB Capital, founded in 2005 by Mike Bellafiore and Steve Spencer, is a proprietary trading firm located in Midtown Manhattan, New York City. SMB Capital focuses on trader training and development. They offer a variety of educational programs and resources, both for new and experienced traders. Their training program, SMB University (SMBU), provides education in equities, options, and automated trading. However, SMB Capital operates without valid regulation.
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Comprehensive training programs: SMB University offers a wide range of educational resources for both new and experienced traders, covering various aspects of day trading.
Focus on trader development: SMB Capital's philosophy emphasizes continuous learning and improvement, fostering a supportive environment for traders to enhance their skills.
Unregulated: This is a significant concern, as it means SMB Capital is not subject to the same level of oversight and investor protection as regulated firms.
High cost of training: The minimum price for a training program at SMB Capital is $4000, which is prohibitive for some individuals considering their programs.
Limited information: There are limited details about trading practices available on the SMB Capital website, which is a drawback for prospective traders seeking transparency.
Determining whether SMB Capital is safe or a scam requires careful consideration of various factors. SMB Capital operates as an unregulated entity, which means it does not fall under the oversight of regulatory bodies that enforce standards for investor protection and financial transparency. This lack of regulation impacts the safety of trading with SMB Capital, as traders don't have the same level of recourse or protection as they would with a regulated firm. Additionally, given to the high train fees required by SMB Capital, we suggest you research the risks associated with it carefully before engaging it.
SMB Capital supports a wide range of market instruments.
Equities: Equities, or stocks, represent ownership in a company. When traders buy equities, they are buying shares of a company's stock, which ens them to a portion of the company's assets and earnings.
Options: Options are financial derivatives that give traders the right, but not the obligation, to buy or sell an underlying asset (such as stocks) at a specified price (the strike price) within a specific period of time. Trading options involves understanding concepts such as option pricing, volatility, and risk management.
Futures: Futures are standardized contracts that obligate the buyer to purchase an underlying asset (such as commodities, currencies, or financial instruments) at a specified price and date in the future. Futures contracts are traded on futures exchanges and are used by traders to hedge against price fluctuations or to speculate on future price movements.
SMB Capital offers a range of specialized training programs designed to enhance traders' skills and knowledge in various aspects of trading.
The DNA of Successful Trading, priced at $5000, provides in-depth lectures, exercises, and weekly group mentoring sessions to help traders understand key trading principles and apply them to current market scenarios.
The Winner Trader, priced at $6000, teaches 20 highly effective trade setups and strategies used by professional traders, offering traders the opportunity to expand their trading playbook and improve their trading outcomes.
Options Foundation, priced at $5000, is a systematic and efficient program that helps traders develop the skills and confidence needed to succeed in options trading by aligning their strategies with their trading style.
Reading the Tape, priced at $4000, focuses on teaching traders how to interpret bids, offers, and prints to anticipate the next likely move in a stock, a crucial skill used by successful active traders.
SMB Capital offers two subscription packages for access to their trading tools and resources. These packages are designed to provide traders with the tools and support they need to improve their trading skills and performance over time.
Includes access to proprietary tools such as Radar Screen and Stock Scanner.
Attend group meetings and access recordings anytime.
Access to real-time positions and daily meetings (AM Meeting, Midday Recap Meeting, Playbook Checkup Meeting).
Includes all features of TRADER 90.
Provides a one-year commitment with over 10% savings compared to the 90-day option.
Includes an additional annual discount.
MB Capital offers a range of customer support options to assist traders. These customer support options provide traders with multiple channels to reach out for help.
Phone: Traders can contact SMB Capital's customer support team by phone at +1 (646)-560-5953.
Email: For inquiries, traders can email SMB Capital at info@smbcap.com.
Social Media: SMB Capital is active on various social media platforms, including Twitter, LinkedIn, Facebook, Instagram, and YouTube. Traders can follow these channels for updates and engage with the community.
Live Chat: Traders also have the option to use the live chat feature on SMB Capital's website for real-time assistance.
SMB Capital provides diverse educational programs and resources for both novice and seasoned traders. However, it's essential to note their unregulated status. This can impact your fund safety and introduce financial risks. The high cost of their training programs underscores the need for careful research and consideration before committing financially. It's strongly advisable to select a well-regulated firm.
Q: Is SMB Capital regulated?
A: No, SMB Capital operates without valid regulation.
Q: What market instruments does SMB Capital support?
A: SMB Capital supports equities, options, and futures.
Q: What training programs does SMB Capital offer?
A: SMB Capital offers programs such as the DNA of Successful Trading, The Winner Trader, Options Foundation, and Reading the Tape.
Q: How much does training at SMB Capital cost?
A: Training fees at SMB Capital start from $4000.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.