SurgeTrader & PipFarm One-step Comparison
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Welcome to our comparison between SurgeTrader and PipFarm, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the one-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | SurgeTrader | PipFarm |
|---|---|---|
| Incorporation date | September 2021 | June 2023 |
| CEO | Jana Seaman | James Glyde |
| Office Location | Naples, Florida | Singapore |
| Scaling Plan |  (One-phase Audition) (Lightning Audition) | |
SurgeTrader and PipFarm are two reputable and trustworthy proprietary trading firms. SurgeTrader was incorporated in September 2021 while being managed by their CEO, Jana Seaman. They have their offices located in Naples, Florida. PipFarm, on the other hand, was incorporated in June 2023 while being managed by its CEO, James Glyde. Additionally, their offices are located in Singapore.
Funding Program Options
| Funding Program Options | SurgeTrader | PipFarm |
|---|---|---|
| One-step Evaluation | | |
| Two-step Evaluation | | |
SurgeTrader provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation and two one-step evaluations. PipFarm, on the other hand, allows its traders to choose between two funding programs to acquire funding, two one-step evaluations.
One-step Comparison
| Trading Rules/Objectives | One-Phase Audition | Lightning Audition | Static Evaluation | Trailing Evaluation |
|---|---|---|---|---|
| Profit Target | 10% | 5% | 12% | 12% |
| Maximum Daily Loss | 5% | 3% | 3% | 3% |
| Maximum Loss | 8% (Trailing) | 4% (Trailing) | 6% | 12% (Trailing) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | 3 Calendar Days | 3 Calendar Days |
| Maximum Trading Period | Unlimited | 7 Calendar Days | Unlimited | Unlimited |
| Leverage | 1:10 (1:20 with Add-on) | 1:10 (1:20 with Add-on) | 1:30 (1:50 with XP Milestone) | 1:30 (1:50 with XP Milestone) |
| Profit Split | 75% (90% with Add-on) | 75% (90% with Add-on) | 70% up to 90% | 70% up to 90% |
After covering the trading objectives of each company’s one-step evaluations, let’s take a look at the account sizes and costs of these one-step evaluations.
| Account Size | One-Phase Audition | Lightning Audition | Static Evaluation | Trailing Evaluation |
|---|---|---|---|---|
| $5,000 | | | $60 | $60 |
| $10,000 | | $50 | $110 | $110 |
| $20,000 | | | $210 | $210 |
| $25,000 | $250 | $100 | | |
| $50,000 | $400 | $180 | $350 | $350 |
| $100,000 | $700 | $300 | $550 | $550 |
| $250,000 | $1,800 | | | |
| $500,000 | $3,500 | | | |
| $1,000,000 | $6,500 | | | |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with SurgeTrader and PipFarm, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| SurgeTrader | PipFarm | |
|---|---|---|
| Broker | ThinkMarkets | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
| Trading Platform | DXtrade | cTrader |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with SurgeTrader and which with PipFarm.
| Trading Instrument | SurgeTrader | PipFarm |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Stocks | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from SurgeTrader and PipFarm. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | SurgeTrader | PipFarm |
|---|---|---|
| Rating | 4.5/5 | 4.2/5 |
| Number of Reviews | 1,202 | 7 |
| 5-Star Ratings | 85% | 86% |
SurgeTrader has an excellent rating of 4.5/5. This is out of a total of 1,202 reviews, where 85% of them are rated as 5 stars. PipFarm, on the other hand, has a great rating of 4.2/5. However, this is out of a total of 7 reviews, where 86% of them are rated as 5 stars.
Conclusion
In conclusion, SurgeTrader and PipFarm are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. SurgeTrader has a two-step evaluation and two one-step evaluations, while PipFarm has two one-step evaluations.
This concludes our comparison between SurgeTrader and PipFarm. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
SurgeTrader 10% active discount code: FPREVIEWS10OFF
PipFarm 25% active discount code: FOREXPROPREVIEWS
Our comparison between SurgeTrader and PipFarm was last updated on 09.05.2024 at 07:41 (CE(S)T).
