SurgeTrader
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SurgeTrader

As of the Friday 24th May 2024 Surge Trader ceased all operations. If you are looking for a reputable prop firm then check out our Top 10 Prop firms section.
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Surgetrader is no longer trading. We recommend MyFunded FX.
Home » SurgeTrader

Who Are SurgeTrader?

In the realm of trading, where every decision counts and each market movement can either be a boon or a bane, having the right partner can make all the difference. This is where SurgeTrader emerges as a beacon of innovation and growth for traders seeking to transcend their limitations and achieve unparalleled success. Rooted in the heart of the United States, specifically in the dynamic state of Florida, SurgeTrader isn’t just a proprietary trading firm; it’s a gateway to realizing your true trading potential.

A Glimpse into SurgeTrader’s Foundation

Incorporated with a vision to redefine the landscape of trading, SurgeTrader took its maiden steps in August 2021 in the state of Delaware, followed by another strategic incorporation in Florida in September 2021. Since then, the firm has been on a relentless mission to empower traders by providing them with the tools, resources, and opportunities they need to thrive in the ever-evolving financial markets.

Unveiling the Power of Funding

One of the most captivating facets of SurgeTrader’s offering lies in its commitment to supporting motivated traders with substantial funding. Picture this: up to $1,000,000 in trading capital at your disposal, allowing you to seize opportunities that align with your trading strategy. But it doesn’t stop there; SurgeTrader understands the value of a symbiotic partnership. Their profit-sharing model is structured to favor the trader, with a profit split ranging from an impressive 75% up to a remarkable 90%. This equitable distribution underscores SurgeTrader’s belief in the trader’s prowess and success, making it one of the best prop trading firms around.

Synergy of Technology and Regulation

Technology is the bedrock of modern trading, and SurgeTrader has harnessed its potential to offer traders a competitive edge. Through a strategic collaboration with EightCap, an ASIC-regulated broker based in Melbourne, Australia, SurgeTrader seamlessly integrates its cutting-edge technology. This partnership empowers traders with a comprehensive and user-friendly platform to execute their trades efficiently, while the regulation ensures a secure and compliant trading environment.

Your Success, SurgeTrader’s Mission

But beyond the numbers and partnerships, SurgeTrader’s essence lies in its unwavering commitment to its traders’ success. The firm’s ethos is to not merely provide funding and technology, but to foster a community of traders. A community driven by a shared passion for trading, an insatiable hunger for knowledge, and an unyielding spirit to conquer the financial markets.

SurgeTrader Dashboard
Pros

  • Up to $1,000,000 funded capital
  • One step evaluation process
  • A wide range of assets, over 100 instruments
  • Variety of accounts and packages
  • No minimum trading days
  • Multiple Trading strategies allowed
  • Profit share ranges from 75% up to 90%

Cons

  • Difficult trading conditions to meet
  • Trailing drawdown
  • The maximum loss is 4%
  • Stop-loss required
  • Not the lowest audition fee

What Sets SurgeTrader Apart from Other Proprietary Trading Firms?

In the dynamic world of proprietary trading, finding the right fit can be the turning point in your trading journey. SurgeTrader shines as a distinct and trailblazing entity in this realm, setting itself apart from the industry’s leading prop firms. Let’s delve into the specifics of how SurgeTrader stands out, addressing the needs and aspirations of traders with an insightful approach that resonates with the discerning trading community.

Freedom to Express Your Trading Style

One of the most compelling differentiators that instantly places SurgeTrader in a league of its own is its commitment to providing traders with a remarkable level of autonomy. Unlike many other proprietary firms that often impose strict regulations on trading styles, SurgeTrader embraces diversity and individuality. Here, your trading style is respected, almost never regulated. This means you can trade in a manner that resonates with your strategies and beliefs, without the constraints that might hinder your potential.

Breaking Boundaries: No Minimum or Maximum Trading Days:

SurgeTrader recognizes that trading isn’t confined to a schedule. Markets don’t adhere to specific timings, and opportunities can arise at any moment. That’s why SurgeTrader has eliminated the notion of minimum or maximum trading days. This liberating approach ensures that you’re not bound by arbitrary requirements. Whether you’re actively trading every day or selectively capitalizing on specific market movements, SurgeTrader stands by your side, enabling you to harness opportunities at your own pace.

Trading During News, Overnight, and Weekends

In the ever-evolving landscape of financial markets, news can be a catalyst for significant price movements. Unlike some proprietary firms that restrict trading during news releases, SurgeTrader empowers you to take advantage of such pivotal moments. Whether it’s trading during news announcements, holding positions overnight, or even over weekends, SurgeTrader encourages you to navigate the market’s fluctuations with confidence. This flexibility is designed to align with the realities of trading, where opportunities can emerge at any time.

The SurgeTrader Evaluation Program

Central to SurgeTrader’s approach is its innovative evaluation program, setting a new benchmark in the proprietary trading landscape. The program is a one-phase evaluation process, simplifying the path for traders to prove their capabilities. To succeed, traders need to hit a 10% profit target, coupled with a daily loss threshold of 5% and a trailing drawdown limit of 6%. The inclusion of required stop-loss and lot size limit rules enhances risk management, safeguarding your trading capital.

What Are The Options For Funded Accounts?

In the ever-evolving landscape of trading, one size does not fit all. SurgeTrader acknowledges this truth and presents a spectrum of funded account options tailored to cater to the distinct needs and aspirations of traders. As you embark on your journey with SurgeTrader, these options stand as gateways to realizing your trading potential, underpinned by meticulous rules and dynamic features. Let’s delve into the intricate details of SurgeTrader’s funded account options, designed to empower you in every trading move.

Evaluation Program Accounts

At the heart of SurgeTrader’s offerings lie the evaluation program accounts, meticulously crafted to identify and reward committed traders who strive for consistency and excellence. The journey starts with a one-phase evaluation period, where traders aim to achieve a 10% profit target. What sets SurgeTrader apart is its emphasis on risk management, manifested through a 5% maximum daily loss and a 6% maximum trailing drawdown rule. These measures safeguard your capital while allowing you to navigate the markets with confidence.

Crucially, during this evaluation phase, you’re not bound by any minimum or maximum trading day requirements. Your trading style is respected, allowing you to trade on your terms. The ultimate milestone is reaching the profit target, which grants you entry into a funded account, free from profit targets but still adhering to the 5% maximum daily loss and 6% maximum trailing drawdown rules. This transition highlights SurgeTrader’s commitment to nurturing trader autonomy.

Scaling Your Success

SurgeTrader doesn’t just acknowledge your success; it paves the way for you to scale your achievements. The evaluation program accounts come with a scaling plan, aligning with your growth trajectory. As you ascend the profitability ladder, SurgeTrader facilitates the transition to larger trading sizes, setting the stage for increased earnings while ensuring a sustainable risk management framework.

Funded Account Rules

SurgeTrader’s funded account options are characterized by a set of rules that underpin your trading experience with structure and discipline:

  • Profit Target: The evaluation phase hinges on reaching a 10% profit target, serving as a testament to your trading acumen.
  • Maximum Daily Loss: A maximum daily loss of 5% mitigates the risk of significant losses, promoting prudent risk management.
  • Maximum Trailing Drawdown: SurgeTrader’s commitment to capital preservation is evident through a 6% maximum trailing drawdown rule, preventing undue erosion of your account balance.
  • Stop-Loss Required: Traders are required to set stop-loss levels for every position, amplifying risk management strategies.
  • Lot Size Limit: SurgeTrader implements lot size limits based on your initial account balance, promoting proportionate trading and capital allocation.

Navigating Additional Opportunities: Add-On Options

SurgeTrader doesn’t just stop at the basics; it offers add-on options to further customize your trading experience:

  • No Stop-Loss Required: For a 10% price increase when purchasing your evaluation account, this option provides flexibility in managing positions without enforced stop-loss levels.
  • Double Leverage: Enhance your trading potential by doubling leverage for forex pairs and metals, available for a 25% price increase when purchasing your evaluation account.
  • 90% Profit Split: Enjoy the benefits of a 90% profit split for a 10% price increase when purchasing your evaluation account.

SurgeTrader 885x400 Image

Is Getting Funded On SurgeTrader Realistic?

In the realm of proprietary trading, the allure of high profit splits and substantial funding can sometimes cloud the realistic prospects of attaining success. As a discerning trader, it’s crucial to dissect the trading requirements of prop firms and evaluate their feasibility within the context of your trading style. SurgeTrader, with its dedication to transparency and trader empowerment, emerges as an exceptional choice for those seeking a realistic path to becoming funded traders. Let’s delve into the intricacies of why getting funded on SurgeTrader is not only attainable but also a pragmatic step towards realizing your trading aspirations.

Understanding Realistic Trading Requirements

The crux of securing funding through a prop firm lies in comprehending the trading requirements associated with their evaluation programs. While certain companies may promise enticing profit splits on heavily funded accounts, the feasibility of meeting their trading benchmarks can be questionable. If the firm mandates exorbitant monthly gains with tight maximum drawdown limitations, the odds of achieving sustainable success might dwindle.

Enter SurgeTrader, a platform that advocates for your success through an evaluation program that mirrors realism. Their evaluation program accounts present an average profit target of 10%, coupled with prudent risk management rules—a maximum daily loss cap of 5% and a maximum trailing drawdown threshold of 6%. These measures collectively establish a foundation that isn’t overly aggressive or impractical, ensuring that your journey towards achieving the profit target remains well within the realms of possibility.

SurgeTrader’s Evaluation Program Accounts

The heart of SurgeTrader’s appeal lies in its commitment to realism and sustainability. The evaluation program accounts serve as a testament to this ethos. Designed to identify dedicated and proficient traders, these accounts provide a clear and pragmatic path to securing funding. SurgeTrader understands that trading is an art as much as it is a science, and success requires a balance between ambition and attainability.

With SurgeTrader’s evaluation program accounts, you’re empowered to trade in alignment with your strategy and style. The absence of strict minimum and maximum trading day requirements ensures that your approach isn’t restricted by arbitrary constraints. As you navigate the evaluation phase, SurgeTrader’s criteria remain grounded, allowing you to focus on steady progress rather than unattainable leaps.

Payment Proof

Want to know if SurgeTrader actually pay out high amounts if you do really well with their funded accounts? Check out the proof of big payouts below:

SurgeTrader Payment Proof SurgeTrader Payment Proof SurgeTrader Payment Proof

Which broker does SurgeTrader use?

Surgetrader uses the well known Australian brokeage Eightcap.

SurgeTrader Customer Support and Help

Customer Support and Help

Email: info@surgetrader.com

Telephone: 239-944-5317

Social Media Profiles

SurgeTrader can also be found on social media on the following channels:

  • Instagram profile with 39,3k followers
  • Twitter account with 9,329 followers
  • Youtube channel has 4.54k subscribers with 218 videos.
  • Discord channel has 13,809 members
  • Telegram channel has  1,769 subscribers
  • Facebook page with 4,200 followers
  • Linkedin page with 1,984 followers

SurgeTrader Trust Pilot Reviews

Surgetrader has a received great customer feedback from its traders on trust pilot. With an overall score of 4.6 out of 5 from 718 reviews.

SurgeTrader Trust Pilot Score

SurgeTrader Trust Pilot Review 1

SurgeTrader Trust Pilot Review 2

Conclusion

In the dynamic realm of trading, SurgeTrader shines as a beacon of innovation and empowerment. Their evaluation program accounts offer a realistic path to funding, grounded in attainable profit targets and sound risk management. By completing the evaluation phase, traders transition into funded accounts with flexible profit split options and ongoing risk controls. SurgeTrader’s dedication to scaling success through their evaluation program’s scaling plan is a testament to their commitment to trader growth.

SurgeTrader’s industry-leading position is marked by transparent information and expert insight, making it a reliable source for traders seeking a prop firm that aligns with their unique trading styles. This relatively new firm offers a refreshing approach with straightforward trading rules, setting it apart as a platform that’s both promising and approachable. As traders step into SurgeTrader’s world, they embark on a journey where success is driven by strategy, commitment, and a partnership focused on realizing their true trading potential. With SurgeTrader, your trading journey is not only empowered but also nurtured by a forward-looking platform that understands and supports your growth.

FAQ´s

Is SurgeTrader Legit?

SurgeTrader stands as a beacon of legitimacy in the world of prop trading firms. Backed by experienced venture capitalists with deep roots in the financial services sector, SurgeTrader embodies a commitment to trustworthiness and reliability. The firm has earned a solid reputation for its audacious audition process, diverse selection of trading instruments, and a framework of rules and guidelines that emphasize transparency and fairness. SurgeTrader’s legitimacy is reinforced by its resolute adherence to industry best practices, making it a secure platform for traders to explore and amplify their trading potential.

What is the profit split on SurgeTrader?

SurgeTrader employs a profit-sharing model that is tailored to the preferences and ambitions of traders. By default, the profit split is set at 75%, offering traders a substantial share of their trading gains. However, for those seeking an even more lucrative arrangement, SurgeTrader offers the opportunity to attain a remarkable 90% profit share by paying an additional fee. This flexibility empowers traders to optimize their earnings according to their performance and aspirations. It’s important to note that withdrawals from SurgeTrader are subject to a once-per-30-day limit, and the platform accommodates payments via debit/credit cards, PayPal, and Coinbase Commerce crypto payments, enhancing convenience for traders.

Does SurgeTrader allow copy trading?

SurgeTrader does not support copy trading within its platform. Traders within the SurgeTrader ecosystem focus on honing their individual trading skills and strategies, as the platform prioritizes a culture of self-reliance and independent trading decisions. While copy trading may not be available within the platform, SurgeTrader offers a wealth of resources and support to help traders succeed on their personal trading journeys.

Which broker does SurgeTrader use?

SurgeTrader has chosen the highly regarded Australian brokerage Eightcap as its trusted partner. This collaboration with Eightcap underscores SurgeTrader’s commitment to providing traders with a secure and reliable trading environment. By leveraging the services of a reputable broker, SurgeTrader ensures that traders have access to a robust infrastructure that facilitates seamless and efficient trading.

What is the maximum drawdown on SurgeTrader?

SurgeTrader maintains stringent risk management protocols to safeguard traders’ capital. Traders are protected against excessive losses, with a maximum allowable drawdown set at 8% on a trailing basis relative to their starting balance plus 8%. This drawdown limitation ensures that traders’ losses remain within a controlled range, preserving their capital. Additionally, once a trader achieves 8% in profits within their account, the trailing drawdown requirement becomes obsolete. Traders are then permitted to draw down their balance to the starting amount without breaching the drawdown limit, providing them with added flexibility and risk management control.

Is Getting Funded On SurgeTrader Realistic?

In the realm of proprietary trading, the allure of high profit splits and substantial funding can sometimes cloud the realistic prospects of attaining success. As a discerning trader, it’s crucial to dissect the trading requirements of prop firms and evaluate their feasibility within the context of your trading style. SurgeTrader, with its dedication to transparency and trader empowerment, emerges as an exceptional choice for those seeking a realistic path to becoming funded traders. Let’s delve into the intricacies of why getting funded on SurgeTrader is not only attainable but also a pragmatic step towards realizing your trading aspirations.

Understanding Realistic Trading Requirements

The crux of securing funding through a prop firm lies in comprehending the trading requirements associated with their evaluation programs. While certain companies may promise enticing profit splits on heavily funded accounts, the feasibility of meeting their trading benchmarks can be questionable. If the firm mandates exorbitant monthly gains with tight maximum drawdown limitations, the odds of achieving sustainable success might dwindle.

Enter SurgeTrader, a platform that advocates for your success through an evaluation program that mirrors realism. Their evaluation program accounts present an average profit target of 10%, coupled with prudent risk management rules—a maximum daily loss cap of 5% and a maximum trailing drawdown threshold of 6%. These measures collectively establish a foundation that isn’t overly aggressive or impractical, ensuring that your journey towards achieving the profit target remains well within the realms of possibility.

SurgeTrader’s Evaluation Program Accounts

The heart of SurgeTrader’s appeal lies in its commitment to realism and sustainability. The evaluation program accounts serve as a testament to this ethos. Designed to identify dedicated and proficient traders, these accounts provide a clear and pragmatic path to securing funding. SurgeTrader understands that trading is an art as much as it is a science, and success requires a balance between ambition and attainability.

With SurgeTrader’s evaluation program accounts, you’re empowered to trade in alignment with your strategy and style. The absence of strict minimum and maximum trading day requirements ensures that your approach isn’t restricted by arbitrary constraints. As you navigate the evaluation phase, SurgeTrader’s criteria remain grounded, allowing you to focus on steady progress rather than unattainable leaps.

Payment Proof

Want to know if SurgeTrader actually pay out high amounts if you do really well with their funded accounts? Check out the proof of big payouts below:

SurgeTrader Payment Proof SurgeTrader Payment Proof SurgeTrader Payment Proof

Which broker does SurgeTrader use?

Surgetrader uses the well known Australian brokeage Eightcap.

SurgeTrader Customer Support and Help

Customer Support and Help

Email: info@surgetrader.com

Telephone: 239-944-5317

Social Media Profiles

SurgeTrader can also be found on social media on the following channels:

  • Instagram profile with 39,3k followers
  • Twitter account with 9,329 followers
  • Youtube channel has 4.54k subscribers with 218 videos.
  • Discord channel has 13,809 members
  • Telegram channel has  1,769 subscribers
  • Facebook page with 4,200 followers
  • Linkedin page with 1,984 followers

SurgeTrader Trust Pilot Reviews

Surgetrader has a received great customer feedback from its traders on trust pilot. With an overall score of 4.6 out of 5 from 718 reviews.

SurgeTrader Trust Pilot Score

SurgeTrader Trust Pilot Review 1

SurgeTrader Trust Pilot Review 2

Conclusion

In the dynamic realm of trading, SurgeTrader shines as a beacon of innovation and empowerment. Their evaluation program accounts offer a realistic path to funding, grounded in attainable profit targets and sound risk management. By completing the evaluation phase, traders transition into funded accounts with flexible profit split options and ongoing risk controls. SurgeTrader’s dedication to scaling success through their evaluation program’s scaling plan is a testament to their commitment to trader growth.

SurgeTrader’s industry-leading position is marked by transparent information and expert insight, making it a reliable source for traders seeking a prop firm that aligns with their unique trading styles. This relatively new firm offers a refreshing approach with straightforward trading rules, setting it apart as a platform that’s both promising and approachable. As traders step into SurgeTrader’s world, they embark on a journey where success is driven by strategy, commitment, and a partnership focused on realizing their true trading potential. With SurgeTrader, your trading journey is not only empowered but also nurtured by a forward-looking platform that understands and supports your growth.

FAQ’s

Is SurgeTrader Legit?

SurgeTrader stands as a beacon of legitimacy in the world of prop trading firms. Backed by experienced venture capitalists with deep roots in the financial services sector, SurgeTrader embodies a commitment to trustworthiness and reliability. The firm has earned a solid reputation for its audacious audition process, diverse selection of trading instruments, and a framework of rules and guidelines that emphasize transparency and fairness. SurgeTrader’s legitimacy is reinforced by its resolute adherence to industry best practices, making it a secure platform for traders to explore and amplify their trading potential.

What is the profit split on SurgeTrader?

SurgeTrader employs a profit-sharing model that is tailored to the preferences and ambitions of traders. By default, the profit split is set at 75%, offering traders a substantial share of their trading gains. However, for those seeking an even more lucrative arrangement, SurgeTrader offers the opportunity to attain a remarkable 90% profit share by paying an additional fee. This flexibility empowers traders to optimize their earnings according to their performance and aspirations. It’s important to note that withdrawals from SurgeTrader are subject to a once-per-30-day limit, and the platform accommodates payments via debit/credit cards, PayPal, and Coinbase Commerce crypto payments, enhancing convenience for traders.

Does SurgeTrader allow copy trading?

SurgeTrader does not support copy trading within its platform. Traders within the SurgeTrader ecosystem focus on honing their individual trading skills and strategies, as the platform prioritizes a culture of self-reliance and independent trading decisions. While copy trading may not be available within the platform, SurgeTrader offers a wealth of resources and support to help traders succeed on their personal trading journeys.

Which broker does SurgeTrader use?

SurgeTrader has chosen the highly regarded Australian brokerage Eightcap as its trusted partner. This collaboration with Eightcap underscores SurgeTrader’s commitment to providing traders with a secure and reliable trading environment. By leveraging the services of a reputable broker, SurgeTrader ensures that traders have access to a robust infrastructure that facilitates seamless and efficient trading.

What is the maximum drawdown on SurgeTrader?

SurgeTrader maintains stringent risk management protocols to safeguard traders’ capital. Traders are protected against excessive losses, with a maximum allowable drawdown set at 8% on a trailing basis relative to their starting balance plus 8%. This drawdown limitation ensures that traders’ losses remain within a controlled range, preserving their capital. Additionally, once a trader achieves 8% in profits within their account, the trailing drawdown requirement becomes obsolete. Traders are then permitted to draw down their balance to the starting amount without breaching the drawdown limit, providing them with added flexibility and risk management control.

Account size up to: $1,000,000 *Select your account package size and start trading*
JOIN NOW
Surgetrader is no longer trading. We recommend MyFunded FX.
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