Comparison between SurgeTrader & City Traders Imperium

In this article, we will go through what SurgeTrader and City Traders Imperium have to offer. We will compare the firms in general and what they offer to forex traders.

1. Company incorporation

	SurgeTrader	City Traders Imperium
Incorporation date	September 2021	July 2018💚

SurgeTrader and City Traders Imperium are relatively new legitimate proprietary trading firms. SurgeTrader was incorporated in September 2021 while City Traders Imperium’s incorporation was in July 2018. They have both made an excellent reputation for themselves and are attracting attention from forex traders worldwide.

2. Funding program options

Funding program options	SurgeTrader	City Traders Imperium
One-phase evaluation	✅	✅
Direct funding	❌	✅

SurgeTrader and City Traders Imperium have the following funding program options that their community can choose from. SurgeTrader has a one-phase evaluation, while City Traders Imperium has a one-phase evaluation and direct funding program.

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	SurgeTrader	City Traders Imperium
Profit target	10%	7%💚
Daily drawdown	4%	No limit💚
Overall drawdown	5%	5%
Leverage	10:1	100:1💚
Minimum trading days	No limit	No limit
Trading period	No limit	No limit
Profit split	75%💚	50% up to 70%

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	SurgeTrader	City Traders Imperium
$20,000	❌	£199
$25,000	$200	❌
$40,000	❌	£379
$50,000	$350💚	£449
$70,000	❌	£649
$100,000	$700	❌
$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.

	SurgeTrader	City Traders Imperium
Broker	Eightcap	Tier-1 Liquidity Provider with Direct Market Access
Trading platform	MetaTrader 4, MetaTrader 5💚	MetaTrader 5

4. Trading instruments

Another important factor to consider are trading instruments. Let’s see which trading instruments you can trade with SurgeTrader and which with City Traders Imperium.

Trading instrument	SurgeTrader	City Traders Imperium
Forex pairs	✅	✅
Commodities	✅	✅
Indices	✅	✅
Equities	✅	❌
Crypto	✅	❌
Crypto Indices	✅	❌

5. Traders’ comments

The last thing we will go through is the feedback from SurgeTrader and City Traders Imperium prop firms. The reviews we will be looking at are from Trustpilot.

Trustpilot statistics	SurgeTrader	City Traders Imperium
Rating	4.4/5	4.8/5💚
Number of reviews	74	744💚

SurgeTrader has a rating of 4.4/5, while City Traders Imperium has 4.8/5. The number of reviews is quite small for both prop firms. SurgeTrader has 73 reviews, while City Traders Imperium has 744.

6. Conclusion

In conclusion, SurgeTrader, and City Traders Imperium are two excellent proprietary trading firms. City Traders Imperium started operating three years before SurgeTrader, which can be easily seen from the number of reviews on Trustpilot. Besides that, the other significant difference would be the funding options. SurgeTrader offers only a one-phase evaluation, while City Traders Imperium has a one-phase evaluation and direct funding programs.

Check our discount codes about the presented proprietary trading firms to end the comparison:

SurgeTrader 10% active discount code: FPREVIEWS10OFF

City Traders Imperium 5% active discount code: ctidiscount5%

This comparison was lastly updated on 05.08.2022 at 11:48 (CE(S)T).