- Excellent Trustpilot rating of 4.5/5
- Three Unique Funding Programs
- Account Sizes up to $1,000,000
- Multiple Add-on Features
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies)
- Leverage up to 1:50
- No Minimum Trading Day Requirements
- No Maximum Trading Period with One-phase & Two-phase Audition
- Scaling Plan (Except Lightning Audition)
- First Payout Upon Making a Profit
- Profit Share 75% up to 90%
- Overnight & Weekend Holding Allowed
- News Trading Allowed
- Low Leverage with One-phase & Lightning Audition
- Mandatory Stop-loss (Removable with Add-on)
- Two-phase Audition has Equity-based Drawdown
- Lot Size Limit (1 Lot per $10,000 of Trading Capital)
- Trailing Drawdown on One-phase & Lightning Audition
SurgeTrader is a proprietary trading firm with a global presence, placing a strong emphasis on assisting traders worldwide in achieving improved profits. This assistance is contingent upon their trading performance following the successful completion of the evaluation period associated with the respective funding program. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $1,000,000 and receive up to 90% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are SurgeTrader?
SurgeTrader is a proprietary trading firm with the legal name SurgeTrader LLC that was incorporated on the 3rd of September, 2021. They are located in Naples, Florida, and are being managed by CEO Jana Seaman. SurgeTrader provides traders with the opportunity to choose between three account types, a two-step evaluation, and two one-step evaluations, while being partnered with ThinkMarkets as their broker.
Surge Trader’s headquarters are located at 4851 Tamiami Trail N, Suite 200, Naples, Florida 34103.
Who is the CEO of SurgeTrader?
Jana Seaman is the CEO of SurgeTrader. Her aim is to offer business solutions and funding to support businesses in achieving remarkable success. The range of business units is focused on boosting revenue for small and large businesses experiencing rapid growth. Her company provides various resources, including leadership coaching, employee onboarding, operational management, capital, and more. With a particular emphasis on technology, financial services, and automotive sectors, VALO Holdings assists businesses in generating substantial and sustainable growth.
With a rich background in the nuances of successful market trading, her family and the entire SurgeTrader team possess valuable expertise in creating a fulfilling livelihood. This experience greatly influenced the mission of SurgeTrader today, which is to expedite trader funding by providing access to institutional capital, namely their own capital.
The growth and sense of community fostered by SurgeTrader have been truly remarkable since its incorporation. Witnessing traders achieve exceptional returns and sustain a successful livelihood through trading has been truly inspiring. This company enables skilled traders to attain financial independence and pursue a life driven by their genuine passions. The gratification derived from assisting others in empowering themselves is immeasurable.
Video Review
Funding Program Options
SurgeTrader provides its traders with three unique funding program options:
- One-phase Audition
- Two-phase Audition
- Lightning Audition
One-phase Audition
SurgeTrader’s One-phase Audition provides traders with the opportunity to manage account sizes ranging from $25,000 up to $1,000,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The One-phase Audition allows you to trade with leverage up to 1:20.
The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 8% maximum trailing loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to funded status, you are only required to reach the 10% profit target without breaching the maximum daily or maximum loss limit rules.
By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 8% maximum trailing loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can be submitted monthly. Your profit split will be 75% up to 90% based on the profit you make on your funded account.
Add-ons for SurgeTrader’s One-phase Audition
- No Stop-loss Requirement
- 90% Profit Split
- Double Leverage of 1:20
One-phase Audition Scaling Plan
The One-phase Audition also has a scaling plan. If a trader manages to reach a profit of 10% based on the initial account balance, you will be able to scale your account to the next available account size. Keep in mind that scaling your account means that you aren’t forfeiting your profit split and starting a new evaluation period on the scaled One-phase Audition, where you are again required to reach the 10% profit target.
Example:
Account Size | Profit Target | Scaled Account Size |
---|---|---|
$25,000 | 10% | $50,000 |
$50,000 | 10% | $100,000 |
$100,000 | 10% | $250,000 |
$250,000 | 10% | $500,000 |
$500,000 | 10% | $1,000,000 |
One-Phase Audition Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 8%.
- Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. (Not mandatory with Add-on)
- Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations in the spreadsheet below.
Account Size | Lot Size Limitation |
---|---|
$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 |
Two-phase Audition
SurgeTrader’s Two-phase Audition provides traders the opportunity to manage account sizes ranging from $25,000 up to $500,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Two-phase Audition allows you to trade with up to 1:50 leverage.
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. To proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 8% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. To proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5% maximum daily loss and 8% maximum loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can be submitted monthly. Your profit split will be 80% up to 90% based on the profit you make on your funded account.
Add-ons for SurgeTrader’s Two-phase Audition
- No Stop-loss Requirement
- 90% Profit Split
Two-phase Audition Scaling Plan
The Two-phase Audition also has a scaling plan. If a trader manages to reach a profit of 8% in phase one and 5% in phase two based on the initial account balance, you will be able to scale your account to the next available account size. Keep in mind that scaling your account means that you aren’t forfeiting your profit split and starting a new evaluation period on the scaled Two-phase Audition, where you are again required to reach the 8% profit target in phase one and 5% profit target in phase two.
Example:
Account Size | Profit Target (Phase 1) | Profit Target (Phase 2) | Scaled Account Size |
---|---|---|---|
$25,000 | 8% | 5% | $50,000 |
$50,000 | 8% | 5% | $100,000 |
$100,000 | 8% | 5% | $250,000 |
$250,000 | 8% | 5% | $500,000 |
Two-phase Audition Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
- Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 8%.
- Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. (Not mandatory with Add-on)
- Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations in the spreadsheet below.
Account Size | Lot Size Limitation |
---|---|
$25,000 | 2.5 Lots |
$50,000 | 5 Lots |
$100,000 | 10 Lots |
$250,000 | 25 Lots |
$500,000 | 50 Lots |
Lightning Audition
SurgeTrader’s Lightning Audition provides traders with the opportunity to manage account sizes ranging from $10,000 up to $100,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Lightning Audition allows you to trade with leverage up to 1:20.
The evaluation phase requires a trader to reach a profit target of 5% while not surpassing their 3% maximum daily loss or 4% maximum trailing loss rules. When it comes to time limitations, note that you have a single week to reach the profit target during phase one. However, you have no minimum trading day or a minimum number of trade requirements in order to proceed to a funded account.
By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 3% maximum daily loss and 4% maximum trailing loss rules. Your first payout can be on day one if you manage to generate a profit, while all other withdrawals can be submitted monthly. Your profit split will be 75% up to 90% based on the profit you make on your funded account.
Add-ons for SurgeTrader’s Lightning Audition
- No Stop-loss Requirement
- 90% Profit Split
- Double Leverage of 1:20
Lightning Audition Scaling Plan
The Lightning Audition doesn’t have a scaling plan.
Lightning Audition Trading Rules & Objectives
- Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 5%. Funded accounts do not have any specified profit targets.
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3%.
- Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 4%.
- Maximum Trading Period – The maximum trading duration during which you must reach your required profit target and conclude your evaluation phase. The evaluation phase has a maximum trading period of 7 calendar days.
- Stop-loss Required – Before initiating a trade, it is mandatory for the trader to place a stop-loss on each position. (Not mandatory with Add-on)
- Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations in the spreadsheet below.
Account Size | Lot Size Limitation |
---|---|
$10,000 | 1 Lot |
$25,000 | 2.5 Lots |
$50,000 | 5 Lots |
$100,000 | 10 Lots |
What Makes SurgeTrader Different From Other Prop Firms?
SurgeTrader differs from most industry-leading prop firms due to offering three unique account types: a two-step evaluation and two one-step evaluations. In addition, they also provide numerous favorable features, such as unlimited trading periods (except Lightning Audition), no minimum trading day requirements, a first withdrawal from day one after achieving funded status, account sizes up to $1,000,000 (One-phase Audition), and multiple add-on features.
SurgeTrader’s One-phase Audition is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 5% maximum daily and 8% maximum trailing loss rules. You also have no minimum or maximum trading day requirements during the evaluation phase. The One-phase Audition also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the One-phase Audition stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, account sizes up to $1,000,000, and multiple add-on features.
Example of comparison between SurgeTrader & Finotive Funding
Trading Objectives | SurgeTrader | Finotive Funding |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 5% | 4% |
Maximum Loss | 8% (Trailing) | 7.5% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 75% (90% with Add-on) | 75% up to 95% |
Example of comparison between SurgeTrader & MyFundedFX
Trading Objectives | SurgeTrader | MyFundedFX |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 5% | 4% |
Maximum Loss | 8% (Trailing) | 6% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 75% (90% with Add-on) | 80% up to 92.75% |
Example of comparison between SurgeTrader & Funded Trading Plus
Trading Objectives | SurgeTrader | Funded Trading Plus |
---|---|---|
Profit Target | 10% | 10% |
Maximum Daily Loss | 5% | 4% |
Maximum Loss | 8% (Trailing) | 6% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Unlimited | Unlimited |
Profit Split | 75% (90% with Add-on) | 80% up to 100% |
SurgeTrader’s Two-phase Audition is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 8% maximum loss rules. You also have no minimum or maximum trading day requirements during both evaluation phases. The Two-phase Audition also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Two-phase Audition stands out mainly for having an unlimited trading period, no minimum trading day requirements, a first withdrawal from day one after achieving funded status, account sizes up to $500,000, and multiple add-on features.
Example of comparison between SurgeTrader & Funding Pips
Trading Objectives | SurgeTrader | Funding Pips |
---|---|---|
Phase 1 Profit Target | 8% | 8% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% (Scaleable up to 7%) |
Maximum Loss | 8% | 10% (Scaleable up to 14%) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% (90% with Add-on) | 80% up to 90% |
Example of comparison between SurgeTrader & Smart Prop Trader
Trading Objectives | SurgeTrader | Smart Prop Trader |
---|---|---|
Phase 1 Profit Target | 8% | 7% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 4% |
Maximum Loss | 8% | 8% (Scaleable up to 28%) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% (90% with Add-on) | 85% up to 90% |
Example of comparison between SurgeTrader & Finotive Funding
Trading Objectives | SurgeTrader | Finotive Funding |
---|---|---|
Phase 1 Profit Target | 8% | 7.5% |
Phase 2 Profit Target | 5% | 5% |
Maximum Daily Loss | 5% | 5% |
Maximum Loss | 8% | 10% |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
Profit Split | 80% (90% with Add-on) | 75% up to 95% |
SurgeTrader’s Lightning Audition is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 5%, with a 3% maximum daily and 4% maximum trailing loss rules. Note that you have a single week to reach the profit target while having no minimum trading day or a minimum number of trade requirements. Keep in mind that the Lightning Audition doesn’t have a scaling plan. Compared to other funding programs within the industry, the One-phase Audition stands out mainly for having no minimum trading day requirements, a first withdrawal from day one after achieving funded status, multiple add-on features, and affordable evaluation fees.
Example of comparison between SurgeTrader & Blue Guardian
Trading Objectives | SurgeTrader | Blue Guardian |
---|---|---|
Profit Target | 5% | 10% |
Maximum Daily Loss | 3% | 4% |
Maximum Loss | 4% (Trailing) | 6% (Trailing) |
Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
Maximum Trading Period | 7 Calendar Days | Unlimited |
Profit Split | 75% (90% with Add-on) | 85% |
Example of comparison between SurgeTrader & FundedNext
Trading Objectives | SurgeTrader | Funded Next (Stellar) |
---|---|---|
Profit Target | 5% | 10% |
Maximum Daily Loss | 3% | 3% |
Maximum Loss | 4% (Trailing) | 6% |
Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
Maximum Trading Period | 7 Calendar Days | Unlimited |
Profit Split | 75% (90% with Add-on) | 80% up to 90% |
Example of comparison between SurgeTrader & True Forex Funds
Trading Objectives | SurgeTrader | True Forex Funds |
---|---|---|
Profit Target | 5% | 10% |
Maximum Daily Loss | 3% | 3% |
Maximum Loss | 4% (Trailing) | 6% |
Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
Maximum Trading Period | 7 Calendar Days | 30 Calendar Days |
Profit Split | 75% (90% with Add-on) | 80% |
In conclusion, SurgeTrader differs from other industry-leading prop firms by offering three unique account types: a two-step evaluation and two one-step evaluations. In addition, they also provide numerous favorable features, such as unlimited trading periods (except Lightning Audition), no minimum trading day requirements, a first withdrawal from day one after achieving funded status, account sizes up to $1,000,000 (One-phase Audition), and multiple add-on features.
Is Getting SurgeTrader Capital Realistic?
It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.
- Receiving capital from the One-phase Audition is realistic primarily due to its average profit target of 10% coupled with average maximum loss rules (5% maximum daily and 8% maximum trailing loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 75% up to 90%.
- Receiving capital from the Two-phase Audition is realistic primarily due to its relatively modest profit targets (8% in phase one and 5% in phase two) coupled with slightly below-average maximum loss rules (5% maximum daily and 8% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80% up to 90%.
- Receiving capital from the Lightning Audition is realistic primarily due to its lower profit target of 5% coupled with average maximum loss rules (3% maximum daily and 4% maximum trailing loss). It is important to note that you have a single week to reach the profit target while having no minimum trading day or a minimum number of trade requirements. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 75% up to 90%.
After considering all the factors, SurgeTrader is highly recommended since you have three unique funding programs to choose from, a two-step evaluation and two one-step evaluations, which all feature realistic trading objectives and conditions for qualifying for payouts.
Payment Proof
SurgeTrader is a proprietary trading firm that was incorporated on the 3rd of September, 2021. They have a large community of traders who have reached funded status and successfully qualify for a profit split.
While working with SurgeTrader and reaching funded status with the One-phase Audition, Two-phase Audition, or Lightning Audition, you will be eligible to receive your first payout on day one if you manage to generate a profit. However, after your first payout, you will be eligible to receive payouts if you exceed your initial account size every 30 calendar days. Your profit split will consist of a generous 75% up to 90% based on the profit that you have generated on your funded One-phase Audition or Lightning Audition, while the Two-phase Audition will provide you with a generous profit split of 80% up to 90%.
When it comes to SurgeTrader payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for SurgeTrader is their Discord channel and Instagram page, where you can find numerous payout certificates of the most successful traders.
Examples of Payout Certificates and Payment Proof can be seen in the images below.
Which Broker Does SurgeTrader Use?
SurgeTrader is partnered with ThinkMarkets as their broker.
ThinkMarkets is a premium multi-asset online brokerage with headquarters located in London and Melbourne. They provide quick and easy access to a wide range of markets while delivering some of the most recognized trading solutions: MetaTrader 4, MetaTrader 5, and their in-house developed ThinkTrader platform.
As for trading platforms, while you are working with SurgeTrader, they allow you to trade on DXtrade.
Trading Instruments
As mentioned above, SurgeTrader is partnered with ThinkMarkets, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and cryptocurrencies with a leverage of up to 1:20, depending on the trading instrument that you are trading.
Forex Pairs
EUR/CAD | CAD/JPY | EUR/CHF | EUR/GBP | EUR/JPY | EUR/USD |
GBP/CAD | GBP/CHF | GBP/JPY | GBP/USD | USD/CAD | USD/CHF |
USD/JPY | AUD/CAD | AUD/CHF | AUD/JPY | AUD/NZD | AUD/USD |
CAD/CHF | EUR/AUD | EUR/NOK | EUR/NZD | EUR/SEK | ERU/SGD |
GBP/AUD | GBP/NZD | NZD/CAD | NZD/CHF | NZD/JPY | NZD/USD |
USD/NOK | USD/SEK | USD/SGD | EUR/HUF | USD/BRL | USD/CNH |
USD/HUF | USD/MXN | USD/TRY | EUR/TRY | USD/ZAR | EUR/CZK |
EUR/PLN | EUR/ZAR | GBP/ZAR |
Commodities
XAU/USD | XAU/EUR | XAG/USD | WTI | BRENT |
NGAS | COPPER | XPT/USD | CORN | SOYBEANS |
WHEAT |
Indices
AUS200 | ESTX50 | FRA40 | GER40 | UK100 |
JPN225 | NAS100 | SPX500 | US30 | CHINA50 |
HK50 | SPAIN35 | USDINDEX | VIX | US2000 |
TAIEX |
Cryptocurrencies
BTC/USD | ETH/USD | LTC/USD | BCH/USD | XRP/USD |
XMR/USD | DASH/USD | ZEC/USD | DOT/USD | LINK/USD |
XTZ/USD | EOS/USD | ADA/USD | XLM/USD | BAT/USD |
DOGE/USD | SOL/USD | MATIC/USD | OMG/USD | UNI/USD |
SHIB/USD | SAND/USD | ALGO/USD | ATOM/USD | AVAX/USD |
BNB/USD | MANA/USD |
As mentioned above, SurgeTrader also allows you to trade a wide range of stocks. To view the full list, please refer to the Spread Account below, which will enable you to log into the DXtrade trading platform and view the complete list of available stocks.
Trading Fees
Trading Commission
Trading Instrument | Commission Fee |
---|---|
FOREX | 7 USD / LOT |
COMMODITIES | 7 USD / LOT |
INDICES | 0 USD / LOT |
CRYPTO | 0 USD / LOT |
STOCKS | 4 USD / LOT (US STOCKS), 0.01% / LOT (UK STOCKS) |
Spread Account
To check the live spreads, log in to the trading account below.
Platform | Server | Login Number | Password | Download Platform |
---|---|---|---|---|
DXtrade | – | – | – | Click here |
Education
SurgeTrader provides its community with a detailed Blog with educational content, such as the following ten categories:
- Charts & Technical Analysis
- Forex
- Fundamental Analysis
- Market Outlook
- Prop Trading
- Risk Management
- Terminology
- The Trading Life
- Trading Plans/Systems
- Trading Psychology
Additionally, we can also find a Trading Resources section, which includes a wealth of information for traders, such as trading strategies, risk management, technical analysis, and much more.
SurgeTrader distinguishes itself as a unique proprietary trading firm that offers a complimentary trial option. This allows traders to acquaint themselves with and adapt to the platform’s trading conditions, minimizing the likelihood of errors when opting for one of the three available evaluation programs.
And lastly, SurgeTrader also grants all clients access to a meticulously crafted trader dashboard. This functionality enhances risk management by providing continuous access to comprehensive statistics and objectives, ensuring real-time updates every minute throughout the day. This improvement contributes to an overall enhanced user experience.
SurgeTrader Trading Dashboard
Trustpilot Feedback
SurgeTrader has gathered an excellent score on Trustpilot based on their community’s feedback.
On Trustpilot, SurgeTrader has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.5 out of 5 from a substantial pool of 1,180 reviews. Notably, 86% of these reviews have awarded SurgeTrader the highest rating of 5 stars.
The first comment shows that SurgeTrader receives praise for its user-friendly layout and excellent customer service. The member of their community highlights a seamless transition from passing the demo to receiving a prompt email regarding the funded account. The client recommends that anyone in search of a prop firm consider joining them.
The client expresses unwavering satisfaction with SurgeTrader. They appreciate the supportive community, reliable customer support team, and timely payments. The commenter notes that SurgeTrader has played a pivotal role in their trading empowerment and growth. Competitions with prizes are also acknowledged, but the emphasis lies on the company’s consistent and invaluable responsiveness and assistance at all times.
Social Media Statistics
SurgeTrader can also be found on numerous social media platforms.
4,800 Followers & 3,800 Likes | |
2,000 Followers | |
11,700 Followers | |
41,800 Followers | |
YouTube | 5,920 Subscribers |
Discord | 16,308 Members |
Telegram | 2,529 Members |
Customer Support
Live Chat | ✅ |
[email protected] | |
Phone | 866-998-7652 (Toll-free) 239-944-5317 (Direct) |
Discord | Discord Link |
Telegram | Telegram Link |
FAQ | FAQ Link |
Help Center | ❌ |
❌ | |
Messenger | ❌ |
Supported Languages | English, Spanish |
Account Opening Process
- Registration Form – Register with SurgeTrader by filling out the registration form with your personal details and logging into the dashboard.
- Choose Your Account – Choose your account type, broker, trading platform, and account size.
- Apply Discount Code – Apply our discount code FPREVIEWS10OFF and enjoy a 10% discount on all SurgeTrader challenge types.
- Choose Your Payment Method – Choose between a credit/debit card, PayPal, and cryptocurrency payment method after you have successfully applied our discount code.
Conclusion
In conclusion, SurgeTrader is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between three funding programs: the One-phase and Lighning Audition, which are one-step evaluations, and the Two-phase Audition, which is a two-step evaluation.
SurgeTrader’s One-phase Audition is a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 75% up to 90% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 8% maximum trailing loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during the evaluation phase, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the One-phase Audition features a scaling plan, providing you with the opportunity to increase your initial account balance.
SurgeTrader’s Two-phase Audition is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 80% up to 90% profit splits. Traders must reach profit targets of 8% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5% maximum daily and 8% maximum loss rules to follow. Regarding time limitations, you have no minimum or maximum trading day requirements during both evaluation phases, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Two-phase Audition features a scaling plan, providing you with the opportunity to increase your initial account balance.
SurgeTrader’s Lightning Audition is also a one-step evaluation that requires the completion of a single phase before becoming eligible to manage a funded account and earn 80% up to 90% profit splits. Traders must reach a profit target of 5% to become successfully funded. These are realistic trading objectives, considering you have a 3% maximum daily and 4% maximum trailing loss rules to follow. Regarding time limitations, note that you have a single week to reach the profit target while having no minimum trading day or a minimum number of trade requirements. Finally, it’s essential to note that the Lightning Audition doesn’t feature a scaling plan.
I would recommend SurgeTrader to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with special features, such as unlimited trading periods (except Lightning Audition), no minimum trading day requirements, a first withdrawal from day one after achieving funded status, account sizes up to $1,000,000 (One-phase Audition), and multiple add-on features. After considering everything SurgeTrader has to offer to traders all across the globe, they can undoubtedly be regarded as one of the industry-leading prop firms.
Our detailed review of SurgeTrader was last updated on 03.04.2024 at 10:55 (CE(S)T).
What are your individual opinions on SurgeTrader and the services they offer? Do they align with the trading conditions and services you’ve been seeking?
Let us know if you enjoyed our detailed SurgeTrader review by commenting below!
Any discount code??
Can we receive discount code?
Very good company 🙂
1 step evaluation process yey!!! 😀
Leverage 1:10 – not enough. this is an indicator, there is not much money behind this company.
so in case they grow fast, it easily might be end up in bankruptcy. no champions league. keep this in mind when subscribe.
do you know a better company?
If you are not interested in SurgeTrader and their one-step evaluation program and are looking for something else. We would suggest that you check the following article about the 10 best proprietary trading firms: https://forexpropreviews.com/10-best-forex-prop-trading-firms/.
Thank you for discount code!
Best one step challenge!
this company has very big potential
buying the $50k challenge next month
Very good update with the new features that you can add when buying a challenge!
thx for discount
wish me luck with challenge
The additional add-ons really give you even better conditions when purchasing a challenge. Great work guys.
Do you have any discount ?
Kindly note that for Surge Trader trading firm, we have an active 10% discount code: ”FPREVIEWS10OFF”. Please use the following link for registration and purchase https://www.surgetrader.com/?afmc=1s.
They are so slow, i was waiting for them with 2 question more than 1,5 hour.
About the company: Trailing stop…so awful. it will be static, then no risk for them anymore.
Non refundable fee…and also add ons…1:10 leverage…and 1/10000 per account so 25000 its 2,5 lot in Eightcap…
Kindly note that their live chat support isn’t active 24/7. However, they have specific periods during the day when their live chat is active and ready to help anyone who has any issues/additional questions. In addition, the trailing drawdown and lot size limitations are features that don’t suit all traders. That being said, we advise you to check the rest of proprietary trading firms that are listed on our website, so you can find one which has trading objectives that will suit your personal preference and trading style: https://forexpropreviews.com/proprietary-trading-firms/.