- Up to $1,000,000 capitals
- Real accounts
- Free Trial upon request
- $1,000,000 challenge account
- Profit share 75% up to 90%
- News trading is allowed
- 1 step evaluation process
- Trade on both platforms MetaTrader 4 and 5
- Simple straightforward trading rules
- Stop-loss required for each trade
- Maximum open size 1lot / $10,000 of the account balance
- 5% maximum trailing drawdown
Who is SurgeTrader?
The firm and our trader community carry deep venture capital backing from our partner Valo Holdings. Thus, the company’s finances are stable and secure — and capital investments are deployed with the objective of long-term success, rather than short-term gain.
We are a global prop trading firm, based in the United States, helping traders around the world earn better profits on their trading skills. The SurgeTrader program was built with the following cornerstones:
SurgeTrader encourages its traders to succeed in their careers. They are enabling them to earn more profits on their trading activity. To become a funded trader you must first pass an audition to demonstrate your skills and discipline as a competent trader. Upon successful completion, you are rewarded with a 75% profit split on your future payouts.
SurgeTrader maintains its openness and transparency in order to build confidence with the trading community. Their partner Valo Holdings provides significant venture capital support to the company and their trader community. As a result, the business’s finances are solid and stable, and capital investments are made with long-term success rather than short-term profit in mind.
Surge Capital Ventures, LLC was opened on 03 Sep 2021 as a Limited Liability Company type, registered at 405 5TH AVENUE SOUTH NAPLES, FL 34102.
Their offices are located at an address, 405 5th Avenue South, Naples, Florida 34102
Funding program options
SurgeTrader – Choose the account tier that works for you and start.
$25,000 account for $250
$50,000 account for $400
$100,000 account for $700
$250,000 account for $1,800
$500,000 account for $3,500
$1,000,000 account for $6,500
How it works
Step 1 – Choose your account size and the SurgeTrader audition
Step 2 – Achieve a 10% profit target without breaching two straightforward rules
Scale up from $25K all the way to $1MM, no minimum trading days, no 30-day assessment period
Rules to Follow
Stop loss – a stop-loss is required for each trade.
Maximum open lots – traders may have a maximum number of open lots equal to 1/10000 the size of their account.
One-Time Fee – no monthly subscriptions. Any strategy trade the strategy that works for you. Two simple rules no long list of confusing rules to follow. Pass quickly no minimum trading days, pass and you’re in.
Account limits: 8% maximum drawdown, traders may not incur losses exceeding 8% on a trading basis up to starting balance +8%. Once a trader has reached 8% profits in their account, the trailing drawdown becomes obsolete, and traders are allowed to drawdown back to their starting balance before breaching. 5% Daily loss limit, incurred losses cannot exceed 5% of your account equity in a given day.
Profit share up to 90%
Profit target 10%
Daily loss limit 5%
Leverage up to 20:1
Max trailing drawdown 8%
Hold & Trade Through the Weekend.
Get your account and access our proprietary trader portal in under 5 minutes through our leading-edge automation technology.
Access – SurgeTrader get access to the best trading conditions for OTC, FX, Commodities, Indices, Shares, and Cryptocurrencies through our partner broker Eightcap.
Analytics – SurgeTrader gets access to real-time trade analytics to measure and improve trading performance and generate positive returns.
Acceleration – SurgeTrader accelerates your path to becoming a professional trader by putting your real capital into live accounts for you to trade.
Is getting SurgeTrader capital realistic?
When looking at prop firms that best suit you and your forex trading style, it’s important to look at how realistic the trading requirements are. For example, a company offering a high profit split on a highly funded account sounds great but if they expect high gains per month with low maximum drawdowns, your chances of success become close to zero.
After adding all of that into consideration SurgeTrader is a good choice to get funded with. This is because you only have to pass a 1 Phase Audition Process, where you are obliged to use stop-losses for every trade you make.
The rules of the Audition Process are realistic since the profit Target is 10% with a daily drawdown of 4% and a maximum trailing drawdown of 5%. Overnight holding is also allowed which is great for every trader that is looking to work with capital up to $1,000,000.
Which broker does SurgeTrader use?
SurgeTrader has integrated its technology with a broker EightCap, which is an ASIC-regulated broker in Melbourne, Australia. They were founded in 2009 with a simple, clear mission to provide exceptional financial services to their clients. They have 5 offices around the globe and regulation in multiple locations providing clients all over the world with the ability to trade on markets across FX, indices, commodities, and shares.
Being a MetaTrader only broker their offers are MetaTrader 4 and the newer MetaTrader 5 platforms from MetaQuotes Software Corporation.
They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for you to trade on and have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards for doing so.
SurgeTrader offers a large variety of Trading Instruments. You are allowed to trade forex pairs, cryptocurrency, metals and energy, stock indices, and 90 individual stocks.
SurgeTrader has great feedback from their reviews. They have 594 reviews and a score of 4.6/5.
Traders’ comments about SurgeTrader
SurgeTrader community has positive feedback on their responsive and helpful customer support. Another positive comment was made for the incredibly simple dashboard and the few simple rules that constantly remind you of what you aren’t allowed as your trading strategy.
SurgeTrader has an FAQ page where you can find all the information that you need about the firm.
The support team is available on their social media or you can contact them directly at their email firstname.lastname@example.org.
In conclusion, SurgeTrader is a legitimate proprietary trading firm offering funding upon completing its Audition Process. With funding from $25,000 up to $1,000,000 in balance with a 75% profit split and 30-day withdrawal requests. It’s a great firm for new traders because of the stop-loss rule that has to be made for every trade, as well as experienced traders because of the possibility to get a funded $1,000,000 in a balance trading account.
I would recommend SurgeTrader to anyone who is getting consistent results with their trading strategies and looking to trade with an account with a balance of up to $1,000,000. While they are still a relatively new firm, they are offering great conditions with the 1 Phase Audition Process for a variety of traders with different strategies. Compared to True Forex Funds and My Forex Funds this is a major difference as they both have 2 step Evaluation Processes.
This review about SurgeTrader was lastly updated on 7/12/2023.