Comparison between Surge Trader & Funded Trading Plus

In this article, we will go through what Surge Trader and Funded Trading Plus have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

	Surge Trader	Funded Trading Plus
Incorporation date	September 2021💚	November 2021

Surge Trader and Funded Trading Plus are relatively new legitimate proprietary trading firms. Surge Trader was incorporated in September 2021 while Funded Trading Plus’s incorporation was in November 2021. Both prop firms have seen great success in recent months with the potential to become one of the leading in the prop firm industry. Despite the short period they are operating, they have made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program options	Surge Trader	Funded Trading Plus
One-phase evaluation	✅	✅
Two-phase evaluation	❌	✅
Direct funding	❌	✅

Surge Trader and Funded Trading Plus have the following funding program options that their community can choose from. Surge Trader has a one-phase evaluation, while Funded Trading Plus has a one-phase, two-phase evaluation, and direct funding.

Let’s look at the comparison between the one-phase evaluation since both proprietary trading firms are offering it.

One-phase funding program comparison:

Rule/Guideline	Surge Trader	Funded Trading Plus
Profit target	10%	10%
Daily drawdown	4%💚	3%
Overall drawdown	5%	6%💚
Leverage	10:1	30:1
Minimum trading days	None	None
Trading period	No limit	No limit
Profit split	75%	80% up to 90%💚

Now that we have gone through their rules and guidelines for their one-phase evaluation challenges we are going to go through pricing for different account sizes.

Account size	Surge Trader	Funded Trading Plus
$12,500	❌	$119
$25,000	$200	$199💚
$50,000	$350	$349💚
$100,000	$700	$499💚
$250,000	$1,700	❌
$500,000	$3,500	❌
$1,000,000	$6,500	❌

3. Broker and trading platform

Now that we have gone through all of the funding programs that they are offering. Let’s compare which brokers and trading platforms you can use with each prop trading firm.

	Surge Trader	Funded Trading Plus
Broker	Eightcap	Eightcap
Trading platform	MetaTrader 4, MetaTrader 5	MetaTrader 4, MetaTrader 5

4. Trading instruments

Another important factor to consider are trading instruments. Let’s see which trading instruments you can trade with Surge Trader and which with Funded Trading Plus.

Trading instrument	Surge Trader	Funded Trading Plus
Forex pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Equities	✅	❌
Crypto	✅	✅
Crypto Indices	✅	❌

5. Traders’ comments

The last thing we will go through is the feedback from Surge Trader and Funded Trading Plus prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statistics	Surge Trader	Funded Trading Plus
Rating	4.4/5	4.9/5💚
Number of reviews	73	375💚

Surge Trader has a rating of 4.4/5, while Funded Trading Plus is 4.9/5. The number of reviews is quite small for both prop firms. Surge Trader has 73 reviews, while Funded Trading Plus has 375. One of the reasons behind such a small number of reviews is that both firms have been in business for around half a year.

6. Conclusion

In conclusion, Surge Trader and Funded Trading Plus are two relatively new but excellent proprietary trading firms. They have a similar incorporation date, which can be easily seen from the number of reviews on Trustpilot. Besides that, the other significant difference would be the funding options. Surge Trader offers only a one-phase evaluation, while Funded Trading Plus has a one-phase, two-phase evaluation, and direct funding.

To end the comparison, check our discount codes about the presented proprietary trading firms:

Surge Trader 10% active discount code: FPREVIEWS10OFF

Funded Trading Plus 7% active discount code: FOREXPROPREVIEWS

This comparison was lastly updated on 05.08.2022 at 11:36 (CE(S)T).