SurgeTrader

SurgeTrader

  • Account Types and Challenges
  • Customer Support
  • Trading Conditions
  • Funding and Withdrawal
  • Features and Tools
4.7/5Overall Score
Pros
  • News trading is permitted
  • Positions can be maintained overnight
  • Customizable add-ons enhance trading flexibility
  • Customizable add-ons enhance trading flexibility
  • Discretionary trading, hedging, and algorithmic trading are all accepted
Cons
  • Holding positions over the weekend is not allowed
  • There is a 4% maximum daily drawdown limit
  • A 5% maximum trailing drawdown is enforced

Proprietary trading firms have reshaped the financial landscape, offering traders the capital and platform to hone their skills. SurgeTrader emerges as a pivotal player in this transformative era, facilitating access to significant funding for adept traders. The fusion of opportunity and financial backing embodies the core of SurgeTrader’s ethos.

Why SurgeTrader?

SurgeTrader distinguishes itself within the proprietary trading firm landscape by presenting traders with an unparalleled fusion of opportunity and support. Opting for SurgeTrader isn’t merely selecting a platform; it’s embracing a partnership that offers up to 90% profit sharing, a testament to its trader-centric philosophy. This high percentage showcases a firm that not only believes in sharing success but also actively invests in the growth and potential of its clients. Furthermore, SurgeTrader abolishes the pressure of time constraints, allowing traders to focus on strategy and market analysis rather than the clock. Its simplified rules and audition process make the journey to becoming a funded trader transparent and attainable.

The Platform

  • Dashboard appears user-friendly
  • Educational and Support Resources
  • The inclusion of features like Leaderboard, Affiliate Portal, Contests, and Payouts points
  • Access to a Privacy Policy and Terms & Conditions
SurgeTrader
SurgeTrader
SurgeTrader
SurgeTrader

The firm’s technological backbone is noteworthy. SurgeTrader’s easy-to-navigate trader portal stands as a testament to their understanding of traders’ needs—insight and oversight at a glance. Here, traders can monitor every nuance of their trading activity, ensuring they stay within the risk parameters and can adjust strategies on the fly.

Funded Certificate

SurgeTrader

Trading Platforms

SurgeTrader

Choosing Your Path: 1 Phase vs. 2 Phase Auditions

SurgeTrader offers a customizable audition process. Traders can select between a single-phase sprint or a two-phase marathon, each designed to assess and validate trading acumen while aligning with the trader’s comfort and style.

1 Step Evaluation

SEASONED

$ 700 .00

Funded $100000

  • Your Profit Share: up to 90% 
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  • Max Trailing Drawdown: 8%

EXPERT

$ 3500 .00

Funded $500000

  • Your Profit Share: up to 90% 
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  • Max Trailing Drawdown: 8%

MASTER

$ 6500 .00

Funded $1000000

  • Your Profit Share: up to 90%
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  •  Max Trailing Drawdown: 8%

2 Steps Evaluation

SEASONED

$ 500 .00

Funded $100000

  • Your Profit Share: up to 90% 
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  • Max Trailing Drawdown: 8%

ADVANCED

$ 1200 .00

Funded $250000

  • Your Profit Share: up to 90% 
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  • Max Trailing Drawdown: 8%

EXPERT

$ 2300 .00

Funded $500000

  • Your Profit Share: up to 90%
  • Profit Target: 10%
  • Daily Loss Limit: 5%
  • Leverage Up To: 20:1
  •  Max Trailing Drawdown: 8%

Critics might ponder on the one-time audition fees—after all, they are an investment. However, comparing the cost with the potential capital gain and the elimination of recurring costs, this fee can be seen as a gateway to higher echelons of trading opportunities.

The offering of a “Two-Phase” program is a strategic stroke of genius. It systematically lowers the profit target in the second phase, recognizing and adapting to the trader’s growing familiarity with the account. This phase-based approach aligns with a natural progression, rewarding consistency and risk management.

Why are they different?

What sets SurgeTrader apart is its flexibility. By allowing traders to utilize any strategy without the constraints of minimum trading days or a mandatory trading period, they cater to the trader’s individuality. It’s a refreshing departure from the one-size-fits-all approach seen in traditional trading roles.

SurgeTrader

Trustpilot Reviews

SurgeTrader

1. What is the SurgeTrader Audition, and how does it work?

The SurgeTrader Audition is a unique evaluation process designed to assess a trader’s skill and discipline. By choosing an audition type and paying a one-time fee, traders demonstrate their ability to hit specified profit targets while adhering to risk management rules. Successful traders are then awarded a funded account, scaling up to $500,000, and can start trading with real capital.

2. Can I trade any style and strategy with SurgeTrader?

Absolutely. SurgeTrader prides itself on offering flexibility and caters to various trading styles and strategies. There are no restrictions on how you trade, as long as you comply with the simple risk management rules set out during the audition phase.

3. What are the profit sharing and leverage details with a funded account?

SurgeTrader offers a generous profit share of up to 90%, with standard profit share starting at 80%. Leverage options vary by asset class, ranging from 50:1 for FX & Metals, down to 2:1 for cryptocurrencies. This tiered leverage system is designed to maximize your potential while keeping risk in check.

4. How does SurgeTrader’s Two-Phase program differ from other prop firm offerings?

The Two-Phase program distinguishes itself by simplifying the progression to a funded account. The first phase requires an 8% profit target, which then lowers to 5% in the second phase. Unlike other programs, there are no minimum trading days or assessment periods, and the rules remain consistent across both phases.

5. What makes SurgeTrader different from other proprietary trading firms?

SurgeTrader’s commitment to straightforward trading rules, flexibility in trading styles, and quick customer service set it apart. The firm eliminates the noise of complex rules and focuses on a transparent path to funding. Their recognition by industry leaders, along with a technology-driven trader portal, also underscores their dedication to providing an exceptional trading experience.

Conclusion

In the final analysis, SurgeTrader’s funded trading account program is more than an offer—it’s a trading career catalyst. With a clear understanding of trader psychology, an emphasis on flexibility, and a reward system that truly shares success, they are not merely changing how traders trade—they are revolutionizing who gets to trade.

This is not just a market trend but a paradigm shift, and SurgeTrader is at the helm, steering traders towards uncharted yet abundant waters. For the trader with skill and vision, SurgeTrader’s funded accounts may well be the wind that propels their sails into the vast, open seas of trading potential.

Risk Warning: It’s essential to remember that trading involves risk, and the content on the ProdanAdvisor website is for general information only. The service and company website are provided on an “as-is” basis and without warranty of any kind.

Cristian Prodan

Cristian Prodan

I am passionate about trading, affiliate marketing, and have a deep love for WordPress. In the vast digital landscape, I embark on a journey, crafting captivating content that resonates with audiences far and wide. My virtual briefcase is filled with opportunities, and my content serves as the bridge that connects people and ideas. 💼

Articles: 58