Introduction To Surge Trader
Surge Trader is a reputable proprietary trading firm known for its innovative approach to funding aspiring traders. Established with a vision to empower individuals in the financial markets, Surge Trader offers a comprehensive funding program, enabling traders to access substantial capital and trade various asset classes, including stocks, forex, and commodities. With a stringent selection process, they provide aspiring traders the opportunity to showcase their skills and secure funding based on performance metrics and risk management abilities. Surge Trader’s supportive environment includes robust risk management tools, education, and mentorship to nurture traders’ growth and success. Through their structured program, they aim to cultivate a community of proficient traders, offering them the resources and support necessary to thrive in the dynamic world of trading.
Pros
- ✓ 1-Step evaluation
- ✓ Up to $1,000,000 upon scaling
- ✓ Over 1k TrustPilot reviews
- ✓ EAs Allowed
Cons
- ✗ High participation fee
- ✗ Equity-based drawdown
| Firm Details | |
|---|---|
| Year Founded | 2021 |
| Maximum Balance | $1,000,000 |
| Tradeable Assets | Forex, Indices, Metals, Commodities, Stocks, Crypto |
| Challenge Type | One-Step Evaluation |
| Trading Platforms | MT4, MT5 |
| Trading Hours | Holding Overnight |
| Copy Trading | ✅ |
| News Trading | ✅ |
| EAs | ✅ |
| Trust Pilot Rating⭐ | 4.7 / 5.0 |
| Trust Pilot Reviews | 1,027 |
| Payment Types | Wire Transfer, Paypal, Crypto, Credit Card |
Challenges Options
Surge Trader introduces invigorating challenges ideal for traders eager to showcase their expertise and access substantial funding. These challenges span multiple markets, including stocks, forex, and commodities, providing traders with a platform to exhibit their skills without requiring substantial initial capital. Surge Trader evaluates traders based on their performance, risk management, and strategic capabilities, offering the opportunity to secure funding upon successful completion of the challenges. Engaging in Surge Trader’s challenges not only allows traders to highlight their trading prowess but also serves as a gateway to accessing significant capital for further trading endeavors. For traders seeking an avenue to prove their skills and gain access to substantial funding, Surge Trader’s challenges offer an exciting opportunity to propel their trading journey forward.
| One Step Rules | |
|---|---|
| Profit Target | 10% |
| Max Daily Loss | 4% |
| Max Daily Drawdown | ❌ |
| Max Loss | ❌ |
| Max Drawdown | 10% |
| Min’ Trading Days | ❌ |
| Max Trading Days | ❌ |
| Profit Split | 75%, up to 90% |
Challenge Pricing
| Account Size | 1 Step | 2 Step |
|---|---|---|
| $25,000 | $250 | $200 |
| $50,000 | $400 | $300 |
| $100,000 | $700 | $500 |
| $250,000 | $1,800 | $1,200 |
| $500,000 | $3,500 | $2,300 |
| $1,000,000 | $6,500 | ❌ |
SurgeTrader emerges as the ultimate choice for a dynamic and successful funded trading journey. With innovative technology, unwavering support, and a steadfast commitment to trader success, it provides access to diverse markets and competitive leverage, laying a solid foundation for substantial growth and exploration in the trading landscape.
The distinctive feature of SurgeTrader is its personalized approach. Offering tailored mentorship, comprehensive educational resources, and robust risk management strategies, it focuses on nurturing individual trader potential and driving continuous advancement.
Choose SurgeTrader to embark on an immersive and transformative trading experience. Align with a platform dedicated to fueling your aspirations, equipped with the necessary tools and expertise to thrive in the dynamic financial markets.
Count on SurgeTrader as your guiding partner, steering you toward remarkable milestones and transforming your trading aspirations into tangible achievements in the funded trading arena.
Introduction To SurgeTrader Funded Trading Program:
The SurgeTrader Funded Trading Program offers traders an opportunity to capitalize on their trading skills and amplify their profits through a funded trader account. With the potential to keep up to 90% of the profits, SurgeTrader aims to provide a platform where traders can showcase their abilities and earn substantial returns. In this review, we will explore the key features, audition process, account tiers, and benefits of SurgeTrader’s funded trading program.
Key Features and Benefits of SurgeTrader Funded Trading Program:
Profit Sharing: SurgeTrader offers a standard profit share of 75%, which can be increased to an impressive 90% with an add-on purchase. This allows traders to retain a significant portion of their earnings, providing a strong incentive to perform well.
Targeted Profit Goals: Traders are provided with clear profit targets to achieve. The program sets a profit target of 10% for the 1 Phase audition and 8% in Phase 1 and 5% in Phase 2 for the 2 Phase audition. These goals provide a roadmap for traders to work towards and measure their progress.
Risk Management: SurgeTrader emphasizes responsible trading by implementing daily loss limits. Traders are provided with a daily loss limit of 5%, ensuring that risk is managed effectively and preventing excessive losses.
Leverage Options: Depending on the account tier and add-on purchases, traders can access leverage ratios of up to 20:1 or 50:1, specifically applicable to FX and metals trading. This feature enables traders to potentially amplify their returns and take advantage of market opportunities.
Hold and Trade Through The Weekend: SurgeTrader introduces a new feature that allows traders to hold and trade their positions through the weekend. This extended trading period provides additional flexibility and potential profit opportunities.
Audition Process:
SurgeTrader offers two audition types: 1 Phase and 2 Phase. The 1 Phase audition involves taking a one-step audition and achieving the 10% profit target to receive a funded account. In contrast, the 2 Phase audition requires traders to achieve an 8% profit target in Phase 1 and a 5% profit target in Phase 2 to qualify for a funded account. The audition process is designed to gauge traders’ abilities and ensure they meet the performance standards set by SurgeTrader.
Account Tiers:
SurgeTrader provides multiple account tiers to cater to traders at different skill levels and trading ambitions. The account tiers range from Starter ($25,000) to Master ($1,000,000), with varying audition fees corresponding to each tier. Traders can choose the account tier that aligns with their trading goals and start earning more based on their trading activity.
SurgeTrader Funded Trading Program – Conclusion:
The SurgeTrader Funded Trading Program offers a compelling opportunity for traders to showcase their skills and earn significant profits. With the potential to keep up to 90% of the profits, clear profit targets, risk management measures, leverage options, and the new feature of holding trades through the weekend, SurgeTrader provides a comprehensive platform for traders to excel. Whether you are a beginner or an experienced trader, SurgeTrader’s funded trading program may be worth considering to amplify your trading journey and achieve your financial goals.
