Surgetrader Reviews
Surgetrader Customer Reviews (14)
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Surgetrader Customer’s Q&A
Surgetrader Features and Benefits
SurgeTrader is a prop trading firm that offers a unique blend of services and opportunities for traders. Here are some key features and benefits:
- Simplified Trading Rules: SurgeTrader's rules are straightforward, offering a transparent trading environment. This includes a clear daily loss limit, a maximum drawdown, and a specific profit target, which remain consistent across different account sizes.
- Ease of Use: SurgeTrader's key features revolve around ease of use, flexibility in trading styles, and a wide range of supported assets.
- Support for the Largest Asset Classes: With SurgeTrader, you can invest in all the largest markets, including Forex, select equities, major stock market indices, oil & renewables, metals, and cryptocurrencies.
- Quick Funded Account: 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.
- Choose from Six Funded Accounts: SurgeTrader offers six different audition accounts. After you reach your profit goal, you'll get your funded account. Audition account sizes range from $25k to $1MM.
- Strong Customer Support and Educational Resources: These attributes make SurgeTrader an attractive option as a reliable and versatile trading platform.
These features and benefits make SurgeTrader stand out in the financial trading landscape. It's important to choose a firm that suits your trading needs and preferences. Happy trading!
Surgetrader FAQs
Surgetrader Alternatives
Here are some alternatives to SurgeTrader:
- RebelsFunding: Offers an in-house trading platform, RF-Trader, and a minimum fee for a program of $25. They also provide up to 200% refund after a successful completion of an evaluation process.
- Ftmo: Uses MetaTrader 4, MetaTrader 5, DXtrade, cTrader as their trading platforms. The minimum fee for a program is €155.
- The5ers: They use MetaTrader 5 as their trading platform. The minimum fee for a program is $39.
- City Traders Imperium: Another alternative to consider.
- Earn2Trade: This is also a good alternative.
- FundedNext: They offer MetaTrader 4, MetaTrader 5, cTrader as their trading platforms. The minimum fee for a program is from $32.
- Funded Trading Plus: They offer cTrader, TradingView, MatchTrader, DXtrade as their trading platforms. The minimum fee for a program is from $119.
- Prop Firm: Offers a profit split of 80% and a maximum balance of $5,760,000.
- Prop Firm: Offers a profit split of up to 80% and a maximum balance of $5,000,000.
- Prop Firm: Offers a profit split of 80% and a maximum balance of $400,000.
These alternatives were chosen based on their features, customer support, profit split, range of instruments available to trade, cost, and user ratings. It's important to choose a firm that suits your trading needs and preferences.
How To Open A Surgetrader Account?
To open an account on SurgeTrader, follow these steps:
- Visit the official SurgeTrader website.
- Complete the SurgeTrader Audition. This will assess your skills, risk management, and potential as a trader.
- After passing the Audition, you will be set up with a virtually funded account.
Remember to check your email for further instructions and details about your account. Happy trading!
About Surgetrader.com Popular Products and Services?
Surgetrader.com is a US-based prop trading firm that provides a broad range of funded trading accounts. The firm offers virtual trader accounts where traders can keep up to 90% of the gains. The trading rules are simple and straightforward. The firm also provides an easy-to-use proprietary trader portal where traders can track all their trading activity.
The firm specializes in CFD trading and offers a broad list of over 1,400 available instruments in multiple asset classes to trade. These include 46 forex pairs, 16 indices, 11 commodities and metals, 27 popular cryptocurrencies, and 1,300+ equities from Australia, USA, South Africa, and Hong Kong exchange.
Traders can choose their type of audition and virtual account size, and take the SurgeTrader Audition. The firm offers one-phase evaluations where traders can choose between various account sizes ranging from $25,000 to $1,000,000. The standard profit share is 75%, the daily loss limit is 5%, the standard leverage is 10:1, and a max trailing drawdown of 8%. Traders need to place at least one trade every 30 days to keep their account active and avoid suspension due to inactivity.
The firm has an excellent reputation, with an average rating of 4.7/5 based on 980 reviews. The firm does not offer any no-evaluation or instant funding accounts. However, traders can increase the profit split from 75/25 to 90/10 and the leverage from 10:1 to 20:1 for forex and metals by buying an add-on.
Can you provide more information about Surgetrader?
SurgeTrader is a US-based prop trading firm that provides stable and secure financing for traders globally. The firm is backed by significant venture capital through its partner, Valo Holdings. SurgeTrader offers a funded account, with straightforward rules, easy evaluations, unlimited time, and exceptional support, for trading without risking your own capital. The company was established by an FX broker, institutional trader, and venture capitalist including founder Jana Seaman. All trader accounts are managed by the ASIC-regulated brokerage, Eightcap. The company is headquartered in Naples, Florida. SurgeTrader stands apart with its permissive trading policies and vast instrument coverage. The firm and its trader community carry deep venture capital backing from its partner Valo Holdings. Thus, the company’s finances are stable and secure — and capital investments are deployed with the objective of long-term success, rather than short-term gain. The SurgeTrader program was built with the following cornerstones: Simple, straight forward trading rules, One OR TWO step evaluation, and World-class customer support. The SurgeTrader origin story began with an innocent conversation in a sushi restaurant. The group realized that the reason most speculative traders fail is not lack of talent or poor risk management, but the need to overleverage trading accounts to make a meaningful return for the time invested by the trader. Thus, the SurgeTrader program was born. Backed by venture capital and developed by experienced market professionals, the Audition process that is SurgeTrader began to take shape.
What is the evaluation process at Surgetrader?
SurgeTrader, a multi-asset prop trading firm based in the US, offers a one-step evaluation assessment with up to 90% profit splits. 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. The ‘audition’ process is just one-step, with no minimum trading days. SurgeTrader offers six pre-funded profiles. Each account is loaded with a trading value of between $25,000 and $1,000,000. A one-step evaluation assessment is required based on the account size selected. Pending success with no breach of the rules, traders are granted access to a funded account under live market conditions. Trades are completed via the MetaTrader 4 or MetaTrader 5 platforms hosted by Eightcap. The SurgeTrader-funded account program offers a range of instruments, including forex, stocks, commodities, indices, and cryptocurrency. Note, trading assets vary by platform. SurgeTrader has a one-part ‘audition’ phase with a fee that varies by account balance. This is advantageous vs competitors such as FTMO with a 2-step, lengthier evaluation course. New traders can select the funded program tier, pay the one-off fee and meet the target requirements to be eligible for a funded account. The evaluation process includes a simulated trading test, and traders must meet specific profit targets to move on to the funded account. Once a trader passes the evaluation process, they can start trading with Surgetrader’s capital. The platform offers multiple funding packages with different profit-sharing percentages and risk levels.