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There have been a million stories of great companies that got their start in a basement or a garage. The SurgeTrader origin story is one of them, it began with a conversation in a Naples sushi restaurant between an FX broker, institutional trader, and venture capitalist.

SurgeTrader, in collaboration with its community of traders, gains substantial financial backing from a robust venture capital partnership established with Valo Holdings. This support guarantees the firm’s financial solidity and protection, enabling the strategic allocation of capital investments for enduring triumph instead of pursuing immediate profits. As a proprietary trading firm with a worldwide presence and its headquarters located in the United States, SurgeTrader is committed to aiding traders across the globe in attaining elevated profitability driven by their trading prowess.

Introduction of SurgeTrader

Company DetailsSurgeTrader
CEOJana Seaman
Incorporation DateSeptember 2021
LocationFlorida, United States
Maximum Account Size of Funding ProgramsOne-step Evaluation Program: $1,000,000
Two-step Evaluation Program: $500,000
Lightning Program: $100,000

Funding Programs

One-step Evaluation Program

Account SizeAccount Price
$25,000$250
$50,000$400
$100,000$700
$250,000$1,800
$500,000$3,500
$1,000,000$6,500
ObjectivesObjective Value
Profit Target10%
Daily Drawdown5%
Maximum Drawdown8% (Trailing)
Max Trading PeriodUnlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share75% (90% with Add on)

Two-step Evaluation Program

Account SizeAccount Price
$25,000$200
$50,000$300
$100,000$500
$250,000$1,200
$500,000$2,300
ObjectivesObjective Value
Profit Target (Phase 1)8%
Profit Target (Phase 2)5%
Daily Drawdown5%
Maximum Drawdown8%
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Minimum Trading DaysNo Minimum Trading Days
Profit Share80% (90% with Add on)

Lightning Program

Account SizeAccount Price
$10,000$50
$25,000$100
$50,000$180
$100,000$300
ObjectivesObjective Value
Profit Target5%
Daily Drawdown3%
Maximum Drawdown4% (Trailing)
Max Trading PeriodUnlimited
Minimum Trading Days1 Week
Profit Share75% (90% with Add on)

Comparison of Two-step Program

Comparison of SurgeTrader & Funding Pips

ObjectivesSurgeTraderFunding Pips
Profit Target (Phase 1)8%8%
Profit Target (Phase 2)5%5%
Daily Drawdown5%5% (Can be scaled to 7%)
Maximum Drawdown8%10% (Can be scaled to 14%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Profit Share80% (90% with Add on)80% up to 90%

Comparison of SurgeTrader & Smart Prop Trader

ObjectivesSurgeTraderSmart Prop Trader
Profit Target (Phase 1)8%7%
Profit Target (Phase 2)5%5%
Daily Drawdown5%4%
Maximum Drawdown8%8% (Can be scaled to 28%)
Max Trading PeriodPhase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Profit Share80% (90% with Add on)85% up to 90%

Broker & Trading Platform

BrokerThinkMarkets
Trading PlatformMetaTrader 4, MetaTrader 5
Trading InstrumentsForex Pairs, Commodities, Indices, Crypto, Shares

Conclusion

To draw a final conclusion, SurgeTrader is a reputable and trustworthy proprietary trading company that is managed by Jana Seaman. They provide traders with an opportunity to choose between three unique funding programs. While working with them, you will be provided an account through ThinkMarkets and trade on the MetaTrader or MetaTrader 5 trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, crypto, and shares. After considering everything that SurgeTrader brings to the table, we can consider them an excellent choice within the proprietary trading firm space.

SurgeTrader Review Details

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SurgeTrader Review
9.0/10