SurgeTrader Review (10% discount code: FPREVIEWS10OFF)
5.0

SurgeTrader Review (10% discount code: FPREVIEWS10OFF)

The SurgeTrader project was born from the experience of seasoned Forex traders, brokers, and venture capitalists who believe that all a talented trader needs for success are capital and opportunity. Their main mission was accelerating trader funding and helping profitable traders capitalize on their success and talent.
Home » SurgeTrader Review (10% discount code: FPREVIEWS10OFF)
Pros
  • 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
Cons
  • 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

  1. No Stop-loss Requirement
  2. 90% Profit Split
  3. 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 SizeProfit TargetScaled Account Size
$25,00010%$50,000
$50,00010%$100,000
$100,00010%$250,000
$250,00010%$500,000
$500,00010%$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 SizeLot Size Limitation
$25,0002.5 Lots
$50,0005 Lots
$100,00010 Lots
$250,00025 Lots
$500,00050 Lots
$1,000,000100 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

  1. No Stop-loss Requirement
  2. 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 SizeProfit Target (Phase 1)Profit Target (Phase 2)Scaled Account Size
$25,0008%5%$50,000
$50,0008%5%$100,000
$100,0008%5%$250,000
$250,0008%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 SizeLot Size Limitation
$25,0002.5 Lots
$50,0005 Lots
$100,00010 Lots
$250,00025 Lots
$500,00050 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

  1. No Stop-loss Requirement
  2. 90% Profit Split
  3. 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 SizeLot Size Limitation
$10,0001 Lot
$25,0002.5 Lots
$50,0005 Lots
$100,00010 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 ObjectivesSurgeTraderFinotive Funding
Profit Target10%10%
Maximum Daily Loss5%4%
Maximum Loss8% (Trailing)7.5%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75% (90% with Add-on)75% up to 95%

Example of comparison between SurgeTrader & MyFundedFX

Trading ObjectivesSurgeTraderMyFundedFX
Profit Target10%10%
Maximum Daily Loss5%4%
Maximum Loss8% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75% (90% with Add-on)80% up to 92.75%

Example of comparison between SurgeTrader & Funded Trading Plus

Trading ObjectivesSurgeTraderFunded Trading Plus
Profit Target10%10%
Maximum Daily Loss5%4%
Maximum Loss8% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split75% (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 ObjectivesSurgeTraderFunding Pips
Phase 1 Profit Target8%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5% (Scaleable up to 7%)
Maximum Loss8%10% (Scaleable up to 14%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% (90% with Add-on)80% up to 90%

Example of comparison between SurgeTrader & Smart Prop Trader

Trading ObjectivesSurgeTraderSmart Prop Trader
Phase 1 Profit Target8%7%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%4%
Maximum Loss8%8% (Scaleable up to 28%)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% (90% with Add-on)85% up to 90%

Example of comparison between SurgeTrader & Finotive Funding

Trading ObjectivesSurgeTraderFinotive Funding
Phase 1 Profit Target8%7.5%
Phase 2 Profit Target5%5%
Maximum Daily Loss5%5%
Maximum Loss8%10%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80% (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 ObjectivesSurgeTraderBlue Guardian
Profit Target5%10%
Maximum Daily Loss3%4%
Maximum Loss4% (Trailing)6% (Trailing)
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading Period7 Calendar DaysUnlimited
Profit Split75% (90% with Add-on)85%

Example of comparison between SurgeTrader & FundedNext

Trading ObjectivesSurgeTraderFunded Next (Stellar)
Profit Target5%10%
Maximum Daily Loss3%3%
Maximum Loss4% (Trailing)6%
Minimum Trading DaysNo Minimum Trading Days5 Calendar Days
Maximum Trading Period7 Calendar DaysUnlimited
Profit Split75% (90% with Add-on)80% up to 90%

Example of comparison between SurgeTrader & True Forex Funds

Trading ObjectivesSurgeTraderTrue Forex Funds
Profit Target5%10%
Maximum Daily Loss3%3%
Maximum Loss4% (Trailing)6%
Minimum Trading DaysNo Minimum Trading Days5 Calendar Days
Maximum Trading Period7 Calendar Days30 Calendar Days
Profit Split75% (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/CADCAD/JPYEUR/CHFEUR/GBPEUR/JPYEUR/USD
GBP/CADGBP/CHFGBP/JPYGBP/USDUSD/CADUSD/CHF
USD/JPYAUD/CADAUD/CHFAUD/JPYAUD/NZDAUD/USD
CAD/CHFEUR/AUDEUR/NOKEUR/NZDEUR/SEKERU/SGD
GBP/AUDGBP/NZDNZD/CADNZD/CHFNZD/JPYNZD/USD
USD/NOKUSD/SEKUSD/SGDEUR/HUFUSD/BRLUSD/CNH
USD/HUFUSD/MXNUSD/TRYEUR/TRYUSD/ZAREUR/CZK
EUR/PLNEUR/ZARGBP/ZAR

Commodities

XAU/USDXAU/EURXAG/USDWTIBRENT
NGASCOPPERXPT/USDCORNSOYBEANS
WHEAT

Indices

AUS200ESTX50FRA40GER40UK100
JPN225NAS100SPX500US30CHINA50
HK50SPAIN35USDINDEXVIXUS2000
TAIEX

Cryptocurrencies

BTC/USDETH/USDLTC/USDBCH/USDXRP/USD
XMR/USDDASH/USDZEC/USDDOT/USDLINK/USD
XTZ/USDEOS/USDADA/USDXLM/USDBAT/USD
DOGE/USDSOL/USDMATIC/USDOMG/USDUNI/USD
SHIB/USDSAND/USDALGO/USDATOM/USDAVAX/USD
BNB/USDMANA/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 InstrumentCommission 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.

PlatformServerLogin NumberPasswordDownload Platform
DXtradeClick 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.

Facebook4,800 Followers & 3,800 Likes
LinkedIn2,000 Followers
Twitter11,700 Followers
Instagram41,800 Followers
YouTube5,920 Subscribers
Discord16,308 Members
Telegram2,529 Members

Customer Support

Live Chat
Email[email protected]
Phone866-998-7652 (Toll-free)
239-944-5317 (Direct)
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Help Center
WhatsApp
Messenger
Supported LanguagesEnglish, 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!

SurgeTrader Review (10% discount code: FPREVIEWS10OFF) Details

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Incorporation
Account size up to:
$1,000,000
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5.0
Fees
5.0
Trading Platforms
5.0
Deposit and withdrawal
5.0
Customer Support
5.0 Overall Rating

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