SurgeTrader Review 2025

What is SurgeTrader?

SurgeTrader is a proprietary trading firm that provides funding to traders, enabling them to amplify their trading activity and earn more profits. This firm is particularly beneficial for forex traders worldwide. One of the unique aspects of SurgeTrader is its audition process. To become a funded trader with SurgeTrader, traders must first pass an Audition. This audition is designed to assess their skills and discipline as competent traders. The audition process is straightforward and not overly complicated with dozens of rules. Traders have the choice of a 1 or 2 Phase Audition with no time limits, or a Lightning Round Audition with a 7-day time limit. Upon successful completion of the audition, traders are provided with a funded account. The funding can be up to $1 million. , which provides traders with substantial financial backing to carry out their trading activities. An attractive feature of this program is that traders can keep up to 90% of the profit they generate in their funded account. SurgeTrader also offers an easy-to-use proprietary trader portal. This platform allows traders to track all their trading activity through a user-friendly trader hub. It provides a simple-to-use dashboard where traders can monitor their trading activities. SurgeTrader has received positive reviews from its users. The customer service is often praised for its efficiency and helpfulness. The setup process is easy, and the user dashboard is excellent. In the context of forex trading, SurgeTrader offers a funded trading program specifically designed for forex traders. This program empowers forex traders by providing them with the necessary funding to trade across various financial markets. With straightforward trading rules and a one-step evaluation process, SurgeTrader makes it easy for forex traders to start earning substantial profits.

What is the Review Rating of SurgeTrader?

What are the Pros of SurgeTrader?

SurgeTrader, a proprietary trading firm based in Naples, Florida, offers a range of benefits that make it an attractive platform for both new and experienced traders. Here are some of the key advantages:. Use Your Favorite Trading Strategy: SurgeTrader allows traders to use their preferred trading strategies. This flexibility caters to a wide range of trading styles and techniques, accommodating both new and experienced traders. One-Time Fees on All Packages: SurgeTrader charges a one-time fee for all its account packages. This pricing structure is straightforward and transparent, making it easier for traders to understand the costs involved. Leverage: SurgeTrader offers up to 1:20 leverage on all accounts. This high leverage can potentially amplify profits, although it also increases risk. Profit Share: SurgeTrader offers a competitive starting profit share of 75%, with the option to increase it to 90% with an add-on. This high profit share ratio is particularly attractive for successful traders. No Minimum Number of Days to Get a Funded Account: With SurgeTrader, there’s no minimum number of days to get your funded account. As soon as you reach the 10% profit target, you can get your funded account in as little as two business days. Support for the Largest Asset Classes: SurgeTrader supports trading in all the largest markets, including Forex, select equities, major stock market indices, oil & renewables, metals, and cryptocurrencies. Compatibility with Major Trading Platforms: SurgeTrader is compatible with the biggest trading platforms worldwide and offers access to MetaTrader 4 and MetaTrader 5 through its partnership with Eightacap. Variety of Audition Accounts: SurgeTrader offers six different audition accounts, with sizes ranging from $25k to $1MM, and fees ranging from $250-$6,500. These features make SurgeTrader a flexible and user-friendly platform for forex trading. However, as with any trading platform, it’s important for traders to thoroughly understand the terms and conditions before getting started.

What are the Cons of SurgeTrader?

SurgeTrader, a proprietary trading firm, offers a unique model that provides up to 90% profit shares and no mandated trading days. However, it does have some limitations that potential users should be aware of. Here are some of the major cons of using SurgeTrader:. Limited Trading Options: SurgeTrader only offers stock trading. This means you won’t have access to futures, options, or other derivatives. If you’re interested in more complex trading strategies, SurgeTrader may be too limited for you. High Default Profit Payout: SurgeTrader takes a significant 75% of your profit target by default. You can negotiate this down to 65% if you trade over $100,000 monthly. , but that’s still a sizable chunk of your earnings. The high fees mean you’ll have to generate substantial profits to break even after fees. These limitations could impact your trading experience and profitability, especially if you’re interested in trading futures, options, or other derivatives, or if you’re concerned about the high default profit payout. It’s important to consider these factors when deciding whether SurgeTrader is the right platform for you.

What are the SurgeTrader Current Promos?

SurgeTrader is a platform that offers various trading services and products for forex traders. It claims to provide access to the best signals, robots, and strategies in the market, as well as educational resources and community support. If you are interested in learning more about SurgeTrader and its current promos, here are some of the highlights:. 20% off Auditions and add-ons: You can get 20% off any audition or add-on package that you want to try out on SurgeTrader. Auditions are short-term trials that allow you to test different trading systems and strategies before committing to a full subscription. Add-ons are optional features that enhance your trading experience, such as premium signals, custom indicators, or extra robots. 10% off Funded Account: You can also get 10% off any funded account that you choose on SurgeTrader. Funded accounts are real accounts that have been funded by SurgeTrader with a certain amount of money. You can trade with these funds and keep the profits after meeting certain criteria. This is a great way to learn from experienced traders and improve your skills. Register for the December trading contest: If you want to challenge yourself and win some prizes, you can register for the December trading contest on SurgeTrader. The contest is open to all registered users who have at least one funded account or audition package. You will be ranked based on your performance in terms of profit, risk-reward ratio, win rate, and drawdown. The top 10 users will receive cash rewards ranging from $500 to $5,000. Save up to 30% with coupon codes: You can also save up to 30% with coupon codes when you shop on SurgeTrader’s website. There are various coupon codes available that can give you discounts on different products and services. For example, you can use the code ‘2SURGE’ to get 20% off auditions and add-ons, or the code ‘WA’ to get 10% off any product. . These are some of the current promos that SurgeTrader offers for its users. If you want to take advantage of them, you should hurry up as they might expire soon or run out of stock. You can visit their website here or here for more details and information.

What are the SurgeTrader Highlights?

SurgeTrader is a proprietary trading firm that offers a unique funded trader program. The program is designed to help profitable traders overcome one of their biggest challenges: undercapitalization. Key Features: Simple Rules: SurgeTrader has two straightforward trading rules. A daily loss limit of 5% and a maximum trailing drawdown of 8%. No Time Limits: There are no time limits or minimum trading days required to pass the SurgeTrader Audition. Wide Range of Tradable Instruments: Tradable instruments include FX pairs, indices, stocks, metals, oil, and over 250 cryptocurrencies. . Funded Trader Program: SurgeTrader’s funded trader program allows traders to trade with the firm’s money and keep up to 90% of the profits. Traders can audition for a funded account up to $1,000,000. Once a trader achieves a 10% profit target in the audition, they receive a funded account. Support and Service: SurgeTrader prides itself on its fast, responsive service. The firm stands by its traders with its own capital, funding accounts with real money. Partnerships: SurgeTrader has partnered with ThinkMarkets, marking a significant step forward in delivering an unparalleled trading experience. Recognition: SurgeTrader has been recognized as the Best Overall Prop Trading Firm 2023 by Benzinga. Philanthropy: SurgeTrader, along with VALO Holdings Group and CEO Jana Seaman, has participated in various philanthropic endeavors. SurgeTrader Hub: SurgeTrader has unveiled the SurgeTrader Hub, a dashboard designed to empower SurgeTraders with the tools and environment needed for success. In conclusion, SurgeTrader offers a unique opportunity for traders to amplify their returns and overcome the challenge of undercapitalization. With its simple rules, no time limits, and a wide range of tradable instruments, SurgeTrader is revolutionizing the world of prop trading.

Is SurgeTrader Legit and Trustworthy?

SurgeTrader, a prop trading firm, has been the subject of discussion among traders and investors alike. The question of its legitimacy and trustworthiness is a valid one, given the importance of these factors in the financial world. Customer Reviews and Ratings. SurgeTrader has received a rating of 4.7 out of 5 on Trustpilot. , indicating a high level of customer satisfaction. Customers have praised the company’s customer service, with many highlighting the quick response times and helpfulness of the staff. However, some users have raised concerns about discrepancies and issues with account management. Online Discussions. On Reddit, users have shared mixed experiences with SurgeTrader. Some users have reported a smooth process from passing the audition to receiving their funded account, while others have expressed concerns about the time it takes to receive the funded account. Despite these concerns, users have confirmed that they received their payouts. Third-Party Reviews. Third-party reviews also provide valuable insights into SurgeTrader’s operations. According to Traders Union, SurgeTrader is a legitimate and safe company that offers a variety of investment options. Modest Money echoes this sentiment, describing SurgeTrader as a promising platform for both novice and experienced traders. Regulatory Compliance. SurgeTrader is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. This regulatory oversight adds a layer of security for traders and investors, as the FCA is known for its strict regulations and protections for investors. In conclusion, while there are some concerns about SurgeTrader, the overall evidence suggests that it is a legitimate and trustworthy prop trading firm. As with any financial decision, potential traders and investors should conduct their own due diligence before making a commitment.

Is SurgeTrader Regulated and who are the Regulators?

SurgeTrader is indeed a regulated entity. It operates under the supervision of several regulatory authorities to ensure that it conducts its business in a fair, transparent, and orderly manner. SurgeTrader’s Regulatory Status. SurgeTrader is a proprietary trading firm that is regulated by government regulators such as the Securities and Exchange Commission (SEC) in the United States. This ensures that SurgeTrader operates in compliance with the stringent financial regulations enforced in the United States. In addition to the SEC, SurgeTrader is also regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is a highly respected regulatory authority that oversees financial firms to ensure that they operate in the best interests of consumers and the market. Affiliate Broker Regulation. It’s important to note that SurgeTrader conducts its trading activities through its affiliate broker, EightCap. EightCap is licensed by the Australian Securities and Investments Commission (ASIC), a well-known regulatory authority. The ASIC license number for EightCap is 391441. Why Regulation Matters. Regulation is crucial in the financial industry as it helps to protect investors and ensure the integrity of financial markets. Regulated brokers like SurgeTrader are required to adhere to strict standards set by regulatory authorities. These standards are designed to protect investors from fraudulent activities and ensure that the financial markets operate in a fair and transparent manner. In conclusion, SurgeTrader is a regulated proprietary trading firm that operates under the supervision of several respected regulatory authorities. This regulatory oversight provides a level of assurance to investors about the firm’s commitment to operating in a fair and transparent manner.

Did SurgeTrader win any Awards?

Yes, SurgeTrader has indeed been recognized for its excellence in the field of proprietary trading. In 2022, SurgeTrader was honored at the Traders Union Awards as the Best Prop Trading Firm. This prestigious award was determined by a worldwide vote commissioned by Traders Union, an organization established in 2010 that provides unbiased reviews of international forex vendors and valuable content about the global trading and investment industry. The Traders Union Awards is a month-long worldwide vote by over 200,000 traders and visitors, assessing the best vendors for market traders in more than 30 categories. The Best Prop Firm category assesses companies like SurgeTrader that provide funded trader programs to retail traders across the globe. SurgeTrader’s program supports traders with access to the firm’s capital — and buying power up to $20 million. The funding program provides the opportunity to accelerate traders’ profits, where traders keep up to 90% of the profits upon successfully graduating to a live funded trading account. Founder Jana Seaman states, "Everything we do here at SurgeTrader is aimed at giving traders all over the world the opportunity to live their best life. Often, all a profitable trader needs is access to capital, and we’re happy to provide traders with that opportunity.". SurgeTrader does things a bit differently from other prop firms, and this award certainly acts as a testament to those differentiators. For one, SurgeTrader built their funded trader program as a one-step process with simple rules and no time limits — a stark difference from others that often feature complex trading rules and stringent time restrictions. And secondly, the community SurgeTrader has built is spearheaded by the best trader support in the business. The entire SurgeTrader team is both proud and humbled to have received nearly twice as many votes as its nearest competitor. When asked about the award, Jana Seaman comments, "We’re honored to be recognized as the top prop firm. What makes the award most meaningful to us is that, through the voting process, it really represents the voice of the traders and their experiences with us. We thank each and every one of our traders for choosing to partner with us.". About SurgeTrader: SurgeTrader, LLC is a U.S.-based proprietary trading — or prop trading — firm, with a mission to accelerate trader funding and provide capital to profitable traders. Once traders have proven they can be profitable by passing an Audition, they become a part of the SurgeTrader-funded trader community, with access to an account funded with up to $20 million in buying power.

How do I get in Contact with SurgeTrader?

SurgeTrader, a renowned prop trading firm, offers several ways for individuals to get in touch, particularly those interested in the forex market. Their commitment to customer service is evident in the resources they’ve allocated to ensure traders can speak to a live person and ask questions or get support during regular business hours. Contact Information: Address: 4851 Tamiami Trail N, Suite 200, Naples, Florida 34103. Phone: You can reach them at 866-998-7652 (Toll-free) or 239-944-5317 (Direct). Email: You can also send an email to info@surgetrader.com. . Support Hours: Monday: 4am to 11:59 PM Tuesday – Thursday: 12am to 11:59pm Friday: 12am to 10pm Saturday & Sunday: 8am to 10pm. . For those interested in their affiliate program, you can contact their Affiliate Manager, Corey Andrews, directly at 239-227-9405 or by email at corey.andrews@surgetrader.com. They also have a Discord channel for affiliates. Remember, SurgeTrader is committed to helping you supercharge your trading activity with accelerated profits. So, whether you’re a seasoned forex trader or just starting out, don’t hesitate to reach out to them with your inquiries.

What kind of Customer Support is offered by SurgeTrader?

SurgeTrader, a renowned prop trading firm, offers a comprehensive and robust customer support system to assist its traders. This support system is designed to ensure that traders can focus on their trading activities without any hindrances. Contact Channels. SurgeTrader provides multiple channels for traders to reach out to their support team. These include:. Phone: Traders can reach out to the support team via a toll-free number (866-998-7652) or a direct line (239-944-5317). Email: Traders can also send their queries or concerns to info@surgetrader.com. Chat: SurgeTrader’s website features a live chat option for immediate assistance. Support Hours. The support team at SurgeTrader is available during specific hours throughout the week. Monday: 4am to 11:59 PM. Tuesday – Thursday: 12am to 11:59pm. Friday: 12am to 10pm. Saturday & Sunday: 8am to 10pm. Customer Reviews. Customer reviews highlight the efficiency and effectiveness of SurgeTrader’s customer support. Traders have praised the quick response times and the ability of the support team to provide immediate resolutions. The support team has been commended for their professionalism and their ability to handle payment issues. Conclusion. In conclusion, SurgeTrader’s customer support is designed to provide traders with a seamless trading experience. With multiple contact channels, dedicated support hours, and a team of experienced professionals, SurgeTrader ensures that traders can focus on their trading activities with peace of mind. This commitment to customer support is a testament to SurgeTrader’s dedication to providing a superior trading experience for its users.

Which Educational and Learning Materials are offered by SurgeTrader?

SurgeTrader offers a variety of educational and learning materials to help traders excel in the field of proprietary trading. These resources are designed to provide a comprehensive understanding of financial markets, trading strategies, risk management, and financial products. Suggested Reading Materials: SurgeTrader provides a list of suggested reading materials for proprietary traders. These books cover a range of topics from technical analysis to market psychology, helping traders develop a deeper understanding of the markets, trading strategies, and risk management techniques. Reading these books can enhance traders’ skills, provide new perspectives, improve decision-making, and increase confidence. Prop Trading Education and Training Programs: SurgeTrader offers a variety of prop trading education and training programs. These programs combine theoretical knowledge, practical experience, and ongoing learning. They include foundational knowledge, mentorship and coaching, practical experience, technology and data analysis, ongoing learning, simulation trading, and risk management training. Free Trader Resources: SurgeTrader also offers free educational materials in the “Free Trader Resources” subsection. These resources include articles on general topics about the rules of trading and professional technical reviews of tools. After passing an exam, a trader is granted access to the BKForex community for 1 month, led by analysts Kathy Lien and Boris Schlossberg. These educational and learning materials offered by SurgeTrader are designed to help traders stay ahead of the game and make better trades. They provide traders with the necessary knowledge and skills to excel in the complex and constantly evolving field of proprietary trading.

Can anyone join SurgeTrader?

SurgeTrader, a multi-asset prop trading firm based in the US, offers a unique opportunity for traders to manage funded trading accounts. The organization provides funded trading accounts up to the value of $1,000,000 with no monthly subscription fees. Traders are eligible for up to 90% profit payouts. To join SurgeTrader, traders must first pass an Audition. This audition is designed to demonstrate their skills and discipline as competent traders. The process is straightforward and not overly complicated. There are no minimum or maximum trading days required. Once the 10% profit return is achieved, and all other requirements are met, traders are eligible for a live-funded profile. The ‘audition’ process is just one-step, with no minimum trading days. This review of SurgeTrader will cover the trading rules, including profit splits, free trial, scaling plan, and more. We also explain how to get started with the evaluation process. In conclusion, anyone with the necessary trading skills and discipline can join SurgeTrader. It’s a fantastic opportunity for traders to amplify their returns and capitalize on their success. With SurgeTrader, your trading skills could potentially manage accounts worth up to $1 million. This is significantly higher than many alternatives. There are no restrictions on trading strategies and styles, with hedging and algo trading permitted. So, if you’re a trader looking to take your trading to the next level, SurgeTrader could be the perfect platform for you.

Who should sign up with SurgeTrader?

SurgeTrader, a prop trading firm launched in 2021, is quickly gaining recognition for its one-step evaluation process, quick funding, simple trading rules, and excellent trader support. It’s an excellent choice for both seasoned traders and beginners. Who should sign up with SurgeTrader?. Fast Capital Seekers: If you want your capital fast but don’t want to give up 50% of your profits like you would with other instant-funding prop firms, SurgeTrader could be a great solution. With only a one-phase evaluation and no minimum trading days, you could be funded quickly and still cash out 75% of your profits. Traders with Unique Strategies: SurgeTrader is also a good choice for those who have trading strategies that might not be permitted at other prop firms or for whom other firms’ rules feel too restrictive. SurgeTrader has very few trading restrictions and some very simple rules. Crypto Traders: SurgeTrader is also great for crypto traders, with more crypto options than any other prop firm. Who should NOT sign up with SurgeTrader?. While SurgeTrader offers many benefits, it may not be the right fit for everyone. The trading rules may be simple, but they’re also pretty tight. A 5% overall trailing drawdown doesn’t leave much margin for error. Also, SurgeTrader allows a maximum leverage of 10:1 on forex, metals, oils, and indices; 5:1 on shares; and 2:1 on crypto. If these conditions don’t align with your trading style, SurgeTrader might not be the best fit for you. In conclusion, SurgeTrader is a promising platform for traders seeking quick capital, flexibility, and a wide range of tradable assets.

Who should NOT sign up with SurgeTrader?

SurgeTrader is a proprietary trading firm that offers funded trading accounts to traders, enabling them to earn more profits on their trading activity. However, it may not be suitable for everyone. Here are some categories of individuals who might want to reconsider signing up with SurgeTrader:. Beginners or Novice Traders: SurgeTrader is best suited for experienced traders who have a proven track record of profitable trading. Novice traders who are still learning the ropes of forex trading might find the platform challenging due to the high stakes involved. Risk-Averse Individuals: Trading, especially forex trading, involves a significant level of risk. If you’re someone who prefers low-risk investments, SurgeTrader might not be the best choice for you. Individuals Seeking Regular Income: While successful trading can be profitable, it’s also highly unpredictable. If you’re looking for a steady, regular income, you might want to explore other avenues. Individuals Unwilling to Adhere to Trading Rules: SurgeTrader has specific trading rules and account limits that traders must adhere to. If you’re someone who prefers trading without such constraints, SurgeTrader might not be the right platform for you. Individuals Looking for Quick Profits: Forex trading requires patience, discipline, and a sound understanding of the markets. If you’re looking for quick profits without putting in the necessary work, SurgeTrader might not meet your expectations. Remember, trading is not for everyone and it’s important to understand your financial goals, risk tolerance, and trading skills before you start. It’s always recommended to do thorough research and consider seeking advice from financial advisors before making any investment decisions.

Does SurgeTrader offer Discounts, Coupons, or Promo Codes?

Yes, SurgeTrader does offer discounts, coupons, and promo codes. These promotional offers can provide significant savings for users, making it an attractive option for those interested in forex trading. Discounts and Coupons: SurgeTrader offers a variety of coupon codes. The most popular one is ‘2SURGE’, which gives customers a 20% discount. Another notable coupon code is ‘WA’, which provides a 10% discount. There are also other coupon codes that offer discounts ranging from 10% to 30%. . Promo Codes: SurgeTrader has several active promo codes. The code ‘2SURGE’ is particularly popular, offering a 20% discount. Other promo codes offer discounts ranging from 10% to 30%. . These discounts, coupons, and promo codes make SurgeTrader a cost-effective choice for forex traders. By using these promotional offers, traders can reduce their trading costs, potentially increasing their net profits. Please note that these offers are subject to change and may have certain terms and conditions. It’s always a good idea to check the latest offers on SurgeTrader’s website or reliable coupon sites.

Which Account Types are offered by SurgeTrader?

SurgeTrader, a renowned prop trading firm, offers a variety of account types to cater to different trading needs. Here are the details:. Starter Account: This is the entry-level account, designed for those who are new to forex trading or those who prefer to trade with a smaller amount of capital. The funding provided for this account is $25,000, and the audition fee is $250. Intermediate Account: This account is for traders who have some experience in the forex market and are comfortable trading with a larger amount of capital. The funding provided for this account is $50,000, and the audition fee is $400. Seasoned Account: Designed for experienced traders, this account provides a funding of $100,000. The audition fee for this account is $700. Advanced Account: This account is for professional traders who are comfortable trading with a substantial amount of capital. The funding provided for this account is $250,000, and the audition fee is $1,800. Expert Account: This is the highest level account offered by SurgeTrader, designed for expert traders. The funding provided for this account is $500,000, and the audition fee is $3,500. In addition to these, SurgeTrader also offers a Master Account which provides a whopping $1,000,000 in funding. This allows traders to maximize their profits by any means. Each of these accounts comes with its own set of trading conditions and benefits. Traders have the option to scale their account, increasing the balance and profit share, with the maximum share being 90%. The trading rules are simple and straightforward, not a complicated list with dozens of rules you need to comply with. SurgeTrader’s main point of difference is their add-ons which is a fee you pay to change trading conditions like leverage and stop-loss requirements. This flexibility and customisation offered through account add-ons make SurgeTrader a competitive choice in the forex trading market. Please note that all information is subject to change and it’s always best to check the official SurgeTrader website or contact their customer service for the most accurate and up-to-date information.

How to Open a SurgeTrader LIVE Account?

Opening a SurgeTrader LIVE account involves a few steps. Here’s a detailed guide:. Step 1: Visit the Official Website Start by visiting the official SurgeTrader website. Step 2: Start Trading Click on the “Start Trading” tab that appears on the webpage. Step 3: Choose Your Audition Type SurgeTrader offers a choice of a 1 or 2 Phase Audition with no time limits and simple rules, or a Lightning Round Audition with the same simple rules and a 7-day time limit. Choose the type of audition and funding tier that suits your trading style and skills. Step 4: Register After choosing your audition type, you’ll need to register. This involves providing your first name, last name, username, date of birth, email, and creating a password. Make sure to read and agree to the Terms and Conditions before finalizing your registration. Step 5: Login to Trade Account Once registered, you can log in to your account. To do this, click ‘file’ in the top left corner and click “Login to Trade Account.” Make sure that you enter the login, password, and server exactly as they are in the ‘Welcome Aboard’ email sent from support@surgetrader.com. Step 6: Pass the Audition After logging in, you’ll need to pass your chosen audition. The trading rules are simple and straightforward. Once your 1 Phase or 2 Phase Audition is passed, you will choose between the Scale-up or Claim Funded Account. Step 7: Access Your Live Funded Account If you choose a live funded account, you will receive an email with the credentials needed to access your new funded account. And that’s it! You’ve now opened a SurgeTrader LIVE account. Happy trading!.

How Are You Protected as a Client at SurgeTrader?

As a client at SurgeTrader, you are protected in several ways:. Regulation and Compliance SurgeTrader is a regulated platform, having obtained licensing or registration with The Australian Securities and Investments Commission (ASIC). This ensures that it adheres to all applicable regulations in the countries it operates in, providing additional security for their clients’ investments. Transparency SurgeTrader prides itself on providing an accessible and transparent proprietary trading service to its clients. This transparency extends to its operations, trading conditions, and the handling of client funds. Customer Service SurgeTrader has a strong reputation for excellent customer service. They have a team of professionals who are ready to assist clients with any issues they may encounter. This includes account-related issues, trading inquiries, and technical support. Security Measures SurgeTrader implements robust security measures to protect client data and funds. This includes the use of secure servers, encryption technologies, and two-factor authentication. Risk Management SurgeTrader provides a range of risk management tools to help clients manage their trading risks effectively. This includes stop loss orders, limit orders, and real-time price alerts. Education and Resources SurgeTrader offers a wealth of educational resources and trading tools to help clients make informed trading decisions. This includes market analysis, educational webinars, and an economic calendar. However, it’s important to note that trading involves risk and it’s possible to lose your capital. Therefore, it’s crucial to understand the risks involved and consider your investment objectives and level of experience before trading.

Which Funding methods or Deposit Options are available at SurgeTrader?

SurgeTrader, a renowned platform in the forex trading industry, offers a variety of funding methods and deposit options to cater to the diverse needs of its traders. These options are designed to provide flexibility and convenience, ensuring a seamless trading experience. Funding Methods: ACH: Automated Clearing House (ACH) is a secure and efficient method of transferring funds directly between banks. Bank Wire: SurgeTrader allows traders to fund their accounts via bank wire transfers, a reliable method for large transactions. Crypto: In keeping with the digital age, SurgeTrader also accepts cryptocurrency as a funding method. This includes USDC withdrawals via the Arbitrum (L2), which are free and instant, and via the Ethereum network (L1), at a cost of $2.50 + gas fees/withdrawal. . Deposit Options: Credit and Debit Cards: SurgeTrader accepts all major credit cards including Mastercard, Visa, Discover, and American Express. PayPal: As a universally recognized payment system, PayPal is another deposit option available to traders. Cryptocurrency: Traders can also choose to deposit funds using cryptocurrency. Direct Wire Payments: For traders who prefer traditional banking methods, direct wire payments are accepted. . It’s important to note that SurgeTrader has partnered with RiseWorks, a third-party payment provider for live-funded accounts. This partnership allows traders to securely withdraw their profits using various methods. SurgeTrader’s diverse range of funding methods and deposit options reflects its commitment to providing a flexible and user-friendly trading environment. Whether you’re a novice trader or a seasoned professional, SurgeTrader has options to suit your needs.

What is the Minimum Deposit Amount at SurgeTrader?

SurgeTrader, a prop trading firm, has set its minimum deposit at USD 250. This deposit gives traders a balance of USD 50,000. to manage after passing the exam. It’s important to note that this minimum deposit amount is relatively high compared to other trading platforms. This might not fit everyone’s budget, especially novice traders who cannot afford to invest a lot at the beginning. However, SurgeTrader allows traders to keep up to 90 percent of the profits. , which could be a significant incentive for some. SurgeTrader offers traders capital from USD 25,000. The firm is a multinational company headquartered in Florida (USA), and financing is provided by the venture fund Valo Holdings. Traders are offered a leverage of 10:1, with an upgrade to 20:1 on forex and metals. The spread starts from 1 point. The trading instruments include currency pairs, cryptocurrencies, commodity market assets, and stock assets. SurgeTrader has some of the strictest drawdown limits — a daily limit of 5% and an overall limit of 8%. These constraints and limits are designed to prevent traders from unleashing their potential. In conclusion, while the minimum deposit at SurgeTrader is higher than some other platforms, the firm offers a range of benefits that may appeal to certain traders. These include a high percentage of profit retention and a wide range of trading instruments.

Which Withdrawal methods are available at SurgeTrader?

SurgeTrader, a prominent player in the forex trading industry, offers its traders a variety of withdrawal methods. Traders can choose to withdraw their profits in up to 13 different fiat currencies. The options include bank wire, ACH transfer, PayPal, Revolut, Payoneer, TransferWise, Mercury, and Brex. Additionally, SurgeTrader also supports withdrawals in cryptocurrencies via Coinbase. The withdrawal process at SurgeTrader is designed to be swift and efficient, with traders typically receiving their withdrawals within 1-3 business days. This quick turnaround time is a testament to SurgeTrader’s commitment to providing a seamless trading experience for its users. SurgeTrader offers different types of accounts, each with its own set of rules for profit withdrawal. These include 1 Phase Funded Accounts, 2 Phase Funded Accounts, and Lightning Round Funded Accounts. In a 1 Phase Funded Account, when a withdrawal is approved, SurgeTrader also withdraws its share of the profits, and the trader’s max trailing drawdown locks in at the starting balance. For example, if a trader has taken an account from $100,000 to $120,000 and requests a withdrawal of $14,000, SurgeTrader would pay the trader $10,500 (75%) and retain $3,500 (25%). This would also take the balance of the account down to $106,000, and the max trailing drawdown would now be locked in at $100,000. In a 2 Phase Funded Account, the rules are similar to a 1 Phase Funded Account, but the max fixed drawdown locks in at the starting balance. In a Lightning Round Funded Account, the rules are similar to the other two types of accounts, but the max trailing drawdown locks in at the starting balance. It’s important to note that SurgeTraders can request a withdrawal of profits at any time in their trader dashboard, but no more frequently than once per thirty (30) days. This flexibility allows traders to manage their profits effectively and strategically. In conclusion, SurgeTrader provides a comprehensive and flexible profit withdrawal system, catering to the diverse needs of forex traders. Its multiple withdrawal methods, quick processing times, and flexible rules make it a preferred choice for traders worldwide.

Which Fees are charged by SurgeTrader?

SurgeTrader, a prominent prop trading firm, charges a variety of fees associated with its services. Here’s a detailed breakdown:. 1. Audition Fees: SurgeTrader charges a one-time audition fee which is non-refundable. This fee varies depending on the package chosen by the trader. Here are the details:. Starter Package: For a $25,000 account balance, the audition fee is $250. Intermediate Package: For a $50,000 account balance, the audition fee is $400. Seasoned Package: For a $100,000 account balance, the audition fee is $700. Advanced Package: For a $250,000 account balance, the audition fee is $1,800. Expert Package: For a $500,000 account balance, the audition fee is $3,500. Master Package: For a $1,000,000 account balance, the audition fee is $6,500. 2. Trading Fees: In addition to the audition fees, SurgeTrader also charges fees for different types of trades. Market Trades: A flat fee of 0.15% is charged for market trades. Limit Orders: A flat fee of 0.25% is charged for limit orders. Margin Trades: A flat fee of 0.5% is charged for margin trades. It’s important to note that SurgeTrader does not charge any hidden fees or require any account minimums. This transparency in fee structure makes it a competitive choice among other trading platforms.

What can I trade with SurgeTrader?

SurgeTrader offers a wide range of tradable instruments, allowing traders to capitalize on their interests and expertise. Here’s a detailed look at what you can trade with SurgeTrader:. 1. Stocks / Equities SurgeTrader provides access to stocks and equities located in dozens of countries, including Australia, South Africa, China, and the United States. Their broker also offers a number of exchange-traded funds (ETFs). 2. Forex Forex trading is a key offering of SurgeTrader. Traders can engage in the foreign exchange market, leveraging the fluctuations in currency values to generate profits. 3. Index Funds Index funds are another tradable instrument available on SurgeTrader. These funds aim to replicate the performance of a specific index, providing a broad market exposure. 4. Cryptocurrencies SurgeTrader allows trading in cryptocurrencies. This emerging asset class provides opportunities for high returns, albeit with increased risk. 5. Precious Metals Traders can invest in precious metals like gold and silver. These assets often serve as a hedge against market volatility. 6. Commodities Commodities, including oil and renewables, are also available for trading. These assets can offer opportunities for diversification. It’s important to note that SurgeTrader does not offer trading of futures or options. The platform is backed by Valo Holdings, offering significant and stable capital which can generate both short-term and long-term gains in the most active areas of asset trading. Traders can start trading right away after passing their Audition, with no waiting period or training to undergo. They can bring home as much as 90% of their profits from the start. In conclusion, SurgeTrader provides a comprehensive range of tradable assets, catering to various trading interests and strategies. Whether you’re interested in forex, cryptocurrencies, or commodities, SurgeTrader offers the tools and platform to help you succeed.

Which Trading Platforms are offered by SurgeTrader?

SurgeTrader, a renowned prop trading firm, offers a range of trading platforms to cater to the diverse needs of traders. MetaTrader 4 and MetaTrader 5 are the primary platforms provided by SurgeTrader. These platforms are offered through their broker, ThinkMarkets. MetaTrader 4 and MetaTrader 5 are considered universal platforms in the over-the-counter trading industry. They provide access to over 350 financial instruments, including Forex, commodities, indices, cryptocurrencies, and stocks. In addition to these platforms, SurgeTrader also provides a Trader Portal. This user-friendly hub allows traders to track all their trading activity. It offers advanced charting tools, real-time market data, and a variety of technical indicators to help traders make informed decisions. These platforms are designed to provide a seamless trading experience, whether you’re a novice trader or a seasoned professional. With SurgeTrader’s platforms, you can capitalize on your trading skills and amplify your returns. Please note that the information is based on the latest available data and may be subject to change.

Which Trading Instruments are offered by SurgeTrader?

SurgeTrader, a multi-asset proprietary trading firm, offers a wide range of trading instruments. The firm’s mission is to accelerate trader funding and help outstanding traders capitalize on their success. Forex: SurgeTrader provides access to the foreign exchange market, allowing traders to speculate on the price movements of various currency pairs. Stocks / Equities: Traders have the opportunity to trade stocks and equities from various countries, including Australia, South Africa, China, and the United States. In addition, the broker also offers a number of exchange-traded funds (ETFs). Index Funds: Index funds are another instrument offered by SurgeTrader. These funds aim to replicate the performance of a specific index. Cryptocurrencies: SurgeTrader also offers trading in cryptocurrencies. This allows traders to speculate on the price movements of various digital currencies. Precious Metals: Trading in precious metals is another option available to SurgeTrader’s traders. This includes metals like gold, silver, and platinum. Commodities: SurgeTrader provides its traders with the opportunity to trade in various commodities. It’s important to note that SurgeTrader does not offer trading of futures or options. SurgeTrader offers a one-step evaluation assessment with up to 90% profit splits. The brand is also partnered with ASIC-regulated Eightcap. The ‘audition’ process is just one-step, with no minimum trading days. SurgeTrader offers a more relaxed assessment phase than many prop firms. Funded traders can manage accounts worth up to $1 million, significantly higher than many alternatives. There are no restrictions on trading strategies and styles, with hedging and algo trading permitted. With SurgeTrader, traders have simple, straightforward trading rules that help them clearly see where they shine and where their trades trend downward. Once they pass their Audition, there is no waiting period or training to undergo — they can get started right away in trading SurgeTrader’s capital.

Which Trading Servers are offered by SurgeTrader?

SurgeTrader, a US-based prop trading firm, offers its services through a variety of trading servers. One of the key offerings is the ThinkMarkets Server Connection. These servers are dedicated to SurgeTrader and are not used by other brokers. This ensures a strong and stable connection for traders, which is crucial in the fast-paced world of forex trading. To further enhance the trading experience, SurgeTrader recommends using a Virtual Private Server (VPS) if the connection to ThinkMarkets’s servers is not strong. A VPS can provide a more reliable and faster connection, which can be a significant advantage in forex trading. In addition to the ThinkMarkets servers, SurgeTrader also offers its services through the Eightcap broker. Eightcap allows trading on two platforms: Eightcap MT4 and Eightcap MT5. These are the Meta Trader 4 and Meta Trader 5 platforms configured specifically for this broker. Furthermore, SurgeTrader provides a Trader Portal for tracking trading activity. This can be a valuable tool for forex traders, allowing them to monitor their trades and make informed decisions. In conclusion, SurgeTrader offers a range of trading servers and additional tools to support forex traders. Whether it’s the dedicated ThinkMarkets servers, the Eightcap broker platforms, or the Trader Portal, SurgeTrader is committed to providing a robust and reliable trading environment.

Can I trade Crypto with SurgeTrader? Which crypto currencies are supported by SurgeTrader?

SurgeTrader is a proprietary trading firm that provides a platform for trading a variety of assets. This includes cryptocurrencies, which are part of the tradable instruments offered by SurgeTrader. The platform is designed to cater to traders with different areas of interest and expertise, including those in the forex and cryptocurrency markets. The SurgeTrader program is backed by Valo Holdings, providing significant and stable capital for both the prop firm and its funded traders. This allows traders to generate both short-term and long-term gains in the most active areas of asset trading. Traders on the SurgeTrader platform have constant, easy access to all their ventures and exclusive software to monitor all their activity. The platform encourages traders to play to their strengths by offering an impressive range of trading instruments. This allows traders to trade their way, using whatever trading strategies and tools are most helpful to them. The trading rules on SurgeTrader are simple and straightforward. Once a trader passes their Audition, there is no waiting period or training to undergo. They can get started right away in trading the firm’s capital. Traders are free of time limits, minimum work days, and similar hoops. All they have to do is focus on their trade and bring in gains. As for the specific cryptocurrencies supported by SurgeTrader, the exact list is not specified in the search results. However, it is mentioned that SurgeTrader allows trading in cryptocurrencies. For the full list of tradable assets, including cryptocurrencies, it is recommended to check the official SurgeTrader website or platform. In conclusion, SurgeTrader does support cryptocurrency trading, providing a platform for traders to leverage their skills and knowledge in the cryptocurrency market. It offers a variety of tradable instruments, simple trading rules, and the freedom for traders to use their preferred trading strategies. This makes it a viable option for those interested in trading cryptocurrencies.

What is the Leverage on my SurgeTrader Trading Account?

The leverage on your SurgeTrader Trading Account depends on the type of account and the asset class you are trading. Here’s a detailed explanation:. 1 Phase and Lightning Round Auditions:. FX, Metals, Oils, and Indices: These asset classes receive a leverage of 10:1. Individual Stocks: These receive a leverage of 5:1. Cryptocurrencies: These receive a leverage of 2:1. Traders can purchase an add-on at checkout to increase leverage on FX and metals to 20:1. 2 Phase Auditions:. FX and Metals: These receive a leverage of 50:1. Oils and Indices: These receive a leverage of 10:1. Individual Stocks: These receive a leverage of 5:1. Cryptocurrencies: These receive a leverage of 2:1. For the 2 Phase Audition, you cannot purchase an add-on at checkout to increase leverage; that feature is only available on the 1 Phase Audition. Leverage is a loan that the broker provides to the trader. Essentially, it can be summarized as having the ability to control a large amount of money using none or very little of your own money and borrowing the rest. Leverage is expressed as a ratio, and the higher the ratio, the more leverage the trader has. For example, if a broker offers a 50:1 leverage ratio, that means that for every $1 in your account, you can trade up to $50. However, trading leveraged positions also has huge implications for losses. If you lost $1,000 on your leveraged $50,000 position, you’d lose your entire account. While on a 1:1 scenario where you had put up the entire $50,000 yourself, you’d have lost 2%. As you can see, leverage gives traders the ability to make bigger profits than they would be able to with their capital alone. However, it also magnifies losses. Margin is a deposit that a trader must make to open and maintain a leveraged position. It is designed to ensure that the broker can cover any losses incurred due to the trader’s actions, as well as act as a “good faith” deposit used to secure the position. The amount of margin required depends on the leverage you are trading with and can range from as low as 1% (100:1) to as high as 50% (2:1). The required margin is determined by the broker and varies depending on the leverage ratio offered. I hope this information helps you understand the leverage on your SurgeTrader Trading Account. Please note that trading with leverage carries a significant level of risk, and may not be suitable for all investors. Always trade responsibly.

Does SurgeTrader offer MAM Accounts or PAMM Accounts?

In the context of forex trading, MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts are popular tools that allow fund managers to manage multiple accounts from a single account. MAM accounts provide flexibility to allocate trades and adjust the risk of each sub-account based on the clients’ risk profiles. For example, the manager can allocate trades on a fixed basis, define the number of lots traded by each individual account, and change the amount of leverage applied to the sub-accounts. On the other hand, PAMM accounts feature a management module that distributes the sizes of trades according to an allocation percentage. This solution is offered by many forex brokers for investors and fund managers. With a PAMM account, an investor can also allocate a percentage of his account to one or more managers. However, based on the information available, it is not explicitly stated whether SurgeTrader offers MAM or PAMM accounts. SurgeTrader is a prop trading firm that provides funded trader accounts. They offer different types of auditions and funding tiers, and traders can track all their trading activity through SurgeTrader’s user-friendly trader hub. But there is no specific mention of MAM or PAMM accounts in the available resources. Therefore, for a definitive answer, it would be best to directly contact SurgeTrader or visit their official website for the most accurate and up-to-date information.

Does SurgeTrader allow Expert Advisors?

Yes, SurgeTrader does allow the use of Expert Advisors (EAs). EAs, also known as bots, can be used to trade in both Audition and Live Funded Accounts. This means that traders can automate their trading strategies, allowing for more efficient and potentially profitable trading. However, it’s important to note that there are certain restrictions in place. For instance, SurgeTrader prohibits high-frequency trading and latency arbitrage. These types of trading strategies often involve making a large number of trades in a very short period of time, which can lead to market instability. Additionally, EAs must be configured to place a stop loss at the exact same time of entry. This is a safety measure designed to limit potential losses. If a trader wishes to trade without a stop loss, they must purchase the No Stop Loss add-on. It’s also worth noting that SurgeTrader does not allow traders to use the same EA on more than one of their accounts. This is likely a measure to prevent potential market manipulation or unfair trading practices. In conclusion, while SurgeTrader does allow the use of EAs, it’s important for traders to understand and adhere to the platform’s rules and restrictions. As always, it’s recommended to thoroughly research and test any EA before using it in a live trading environment.