In the realm of prop trading, SurgeTrader stands out as a company with a humble beginning—a conversation at a Naples sushi restaurant between an FX broker, institutional trader, and venture capitalist. Today, SurgeTrader offers motivated traders up to $1,000,000 in funding with profit shares ranging from 75% to 90%. With an excellent Trustpilot rating of 4.5/5, SurgeTrader has gained recognition for its commitment to trader success.
About SurgeTrader
Surge Trader, based in Florida, USA, provides traders access to institutional capital through its integration with EightCap, an ASIC-regulated broker. Led by CEO Jana Seaman, SurgeTrader aims to support traders' financial independence and success by offering resources such as leadership coaching and operational management. Their focus on technology, financial services, and the automotive sector enables them to foster substantial and sustainable growth for businesses.
What's Unique about is Surge Trader?
Up to $1,000,000 in capital:
SurgeTrader offers traders the opportunity to trade with a significant amount of capital, allowing for larger trading positions and potential for higher profits.
Profit share ranging from 75% to 90%:
Traders who pass the evaluation phase and become funded by SurgeTrader can enjoy a substantial profit split, keeping a significant portion of their trading profits.
Freedom to trade without minimum or maximum trading day requirements:
SurgeTrader gives traders the flexibility to trade at their own pace, without being restricted by mandatory minimum or maximum trading day requirements.
News trading, overnight holding, and weekend holding allowed:
Unlike some prop firms, SurgeTrader allows traders to engage in news trading and hold positions overnight or over the weekend, providing more trading opportunities.
Real accounts and $1,000,000 challenge account:
Traders have access to both real accounts and a $1,000,000 challenge account, providing a platform to showcase their skills and potentially earn a funded account.
Availability of add-ons upon purchase to customize your account:
SurgeTrader offers add-on options, such as no stop-loss required or double leverage, allowing traders to tailor their account based on their trading preferences.
Flexibility to trade with your preferred trading style:
SurgeTrader does not impose strict limitations on trading styles, allowing traders to implement their preferred strategies and trading techniques.
One-step evaluation process for becoming a funded trader:
SurgeTrader simplifies the evaluation process, requiring traders to hit a profit target while adhering to specific risk management rules to become eligible for a funded account.
Supportive and encouraging environment for trader success:
SurgeTrader is dedicated to helping traders succeed in their careers, providing resources, guidance, and a community-driven atmosphere to support trader growth and profitability.
Pros and Cons of Surge Trader
Pros:
Up to $1,000,000 in capital
Excellent Trustpilot rating of 4.5/5
Real accounts and $1,000,000 challenge account
Profit share ranging from 75% to 90%
Availability of add-ons upon purchase
Overnight and weekend holding allowed
News trading is allowed
No minimum trading day requirements
One-step evaluation process
Cons:
Stop-loss required for each trade
Maximum open size of 1 lot / $10,000 of account balance
Trailing drawdown limitations
Up to $1,000,000 in capital
Excellent Trustpilot rating of 4.5/5
Real accounts and $1,000,000 challenge account
Profit share ranging from 75% to 90%
Availability of add-ons upon purchase
Overnight and weekend holding allowed
News trading is allowed
No minimum trading day requirements
One-step evaluation process
Cons:
Stop-loss required for each trade
Maximum open size of 1 lot / $10,000 of account balance
Trailing drawdown limitations
Does not support futures or options trading
The Final Score
In summary, SurgeTrader, is a prop trading firm that offers a simplified and streamlined process for funded trading. With its one-stage audition and clear trading rules, SurgeTrader is great at providing a straightforward path to accessing additional capital for experienced traders. We'd say its best suited for profitable traders who already have a good deal of experience under their belt.
Getting Started
Click here to visit the SurgeTrader website and claim your 10% Off by using Coupon Code: propuptrading
Explore their offerings and learn more about their funding programs.
Review the evaluation program options: Familiarize yourself with the different evaluation program accounts available and the specific requirements and profit targets associated with each.
Choose your evaluation program and add-ons: Select the evaluation program that aligns with your trading goals and consider adding any optional features or add-ons that suit your preferences.
Pass the evaluation phase: Demonstrate your trading skills and discipline during the evaluation phase by reaching the profit target while adhering to the risk management rules.
Become a funded trader: Upon successfully completing the evaluation phase, you will be rewarded with a funded account, allowing you to trade with SurgeTrader's capital and enjoy profit splits of 75% to 90%.
Trade and grow your account: Utilize SurgeTrader's resources and support to continue improving your trading performance and grow your account.
Request withdrawals: Once eligible, request withdrawals from your funded account, keeping in mind the payout schedule and profit split percentage.
Explore the SurgeTrader community: Engage with the SurgeTrader community, join discussions, and benefit from the support and camaraderie of fellow traders.
Remember to review the SurgeTrader website for detailed instructions and any additional requirements before starting your journey with SurgeTrader.
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