If you are having some problems when it comes to deciding if SurgeTrader is the one for you or not. We have the perfect solution for you. Every account that prop firms offer has different account rules. It depends on the traders if those rules are easy for them to follow. So, let’s take a look at SurgeTrader Evaluation Program Account Rules. This will give you an idea if they are the prop firm you are looking for or not.
SurgeTrader Evaluation program account rules
Evaluation programs have a profit target of 10%. Funded accounts have no profit targets.
All account sizes have a maximum daily loss of 5%.
All account sizes have a maximum trailing drawdown of 6%.
Stop-loss required means that traders must set a stop-loss on every position before they can open a trade.
These are most usually set based on the initial account balance of the prop firm account. You can see the maximum lots available a trader can open across all pairs at any given time depending on their account size:
$25,000 – 2.5 lots
$50,000 – 5 lots
$100,000 – 10 lots
$250,000 – 25 lots
$500,000 – 50 lots
$1,000,000 – 100 lots
By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Add-on options for your evaluation program accounts
No stop-loss required: 10% price increase when purchasing your evaluation account
Double leverage (this will double the leverage for forex pairs and metals): 25% price increase when purchasing your evaluation account
90% profit split: 10% price increase when purchasing your evaluation account
Keep in mind that you can choose one add-on option, or you can choose multiple based on your personal preference!
About the Firm
Here are interesting facts about the firm:
Real accounts
$1,000,000 challenge account
Profit share 75% up to 90%
Available add-ons upon purchase
Overnight and weekend holding allowed
If you want more details about the firm, click here. Also, use our discount code (FPREVIEWS10OFF) for a 10% Discount.
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