How to get funded with Surge Trader prop company

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There is an increasing number of trading platforms emerging these days. As such, it can take lots of time and effort to figure out which platforms work best for your needs and preferences. Nevertheless, new trading opportunities continue to emerge on a regular basis. For instance, Surge Trader is a proprietary trading firm. Here is a closer look at the rules and regulations of trading with Surge Trader funded trading accounts.

How do you become a funded trader?

Open an account
Your capital is at risk.

In order to become a funded trader on Surge Trader, you need to complete the following steps:

Choose an Assessment Tier: The first step is to choose the best assessment tier for your unique needs and preferences.


Take Assessment: Next, you must pass the SurgeTrader Audition, which is an assessment of your skills, risk management, and general profitability as a trader.


Get Funded: Once you pass the audition, you will receive a funded account.


Start Trading: Now that you have completed all the required steps, it’s time to start trading with your new funded account!

How long does it take to become a funded trader

One unique aspect of trading with Surge Trader is that they don’t have a minimum number of trading days, days, or unique trades. Instead, all that is required to become a funded trader on SurgeTrader is to pass the SurgeTrader audition. From there, users must generate a return of 10% in their accounts. They must also be sure not to incur a daily drawdown of 5% or a maximum trailing drawdown of 8%.

Surge Trader audition review

The audition process includes the following steps:

Choose your account size: The first step of the assessment is to choose your account size. You can choose from Starter – $25,000, Intermediate –$50,000, Seasoned – $100,000, Advanced – $250,000, Expert – $500,000, or Master – $1,000,000.


Achieve 10% profit: Next, you simply need to achieve a 10% profit. Every time you pass the audition with a 10% profit, you get the option to scale up to the next tier. Therefore, users have a near-limitless earning potential.

Surge Trader Trading Signals - TU Expert review

How much can I attract as a funded trader?

When it comes to making money on Surge Trader with the Surge Trader funded program, the results may vary. However, Traders will trade using the same account balance as they did during their audition. In other words, if you traded with $25,000 for the audition, this means that you will also trade using $25,000 on your funded trader account. Either way, as a funded trader, you are able to keep 90% of the profits.

FAQ

SurgeTrader is considered the best prop trading solution. What does this mean?

It means that the company was founded by seasoned traders who leveraged their collective experience to develop and optimize the best programs for their traders. Therefore, they help traders pass the SurgeTrader Audition to become successful traders.

Who is eligible to become a funded trader on Surge Trader?

Those 18 and older can become a funded trader with SurgeTrader. However, users must also be able to pass the SurgeTrader Audition successfully.

What are the trading rules on Surge Trader?

The trading rules are as follows:

Hard breach rules, which will disqualify your account:


The platform has a Daily Loss Limit of 5%


The Max Trailing Drawdown is 8%

Soft breach rules, which will close positions and you can continue trading:

Stop-loss is required for each trade when it is executed.


All positions close on Friday at 3:55 PM EST; Flat for the weekend;


Maximum open lots with risk

Can live accounts be merged?

No, that option is not available at this time.

Team that worked on the article

Andrey Mastykin
Author, Financial Expert at Traders Union

Knows about
Trading strategies, technical analysis, Forex, stock market, long-term investing

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.

He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.

Experience
Andrey's passion for finance began in 2009, and he has since accumulated extensive experience in trading and investing across various asset classes, including stocks, Forex, and cryptocurrencies.

He has spent over 15 years managing his own capital and working with financial portals, financial institutions, and IT companies, as a financial writer and analyst, further refining his investment expertise.

He is the author of several training courses on investing and trading in financial markets. Led multiple FX/Stocks/Crypto webinar educational presentations. Authored hundreds of articles on the global economy, stock, cryptocurrency, and Forex markets, along with trading strategies. He has also penned hundreds of professional reviews of financial firms.

Throughout his journey, Andrey has been heavily influenced by the works of renowned authors and investors like Benjamin Graham, Ray Dalio, Robert Shiller, and Nassim Taleb.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.