How to open a Surge Trader account

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SurgeTrader is a stand-alone investment firm prepared to fund qualified traders. The enterprise investment fund that Surge Trader partners with are prepared to transfer funds to the trader's account, which has demonstrated its expertise on a demo profile.

A prop firm called SurgeTrader offers venture capital funding to traders who lack start-up money and are eager to make a living as professionals. The dealer selects a tariff bundle detailing the administration funding and the desired profit. From 250 to 6,500 USD is required to take the audition. The number of funds the trader would earn through the funded account if the test is completed depends on how much the package costs. In this guide below, you may check more about Surge Trader, trading rules, and Surge Trader account.

How do I become a funded trader?

Open an account
Your capital is at risk.

Most of the top prop trading companies operate similarly to how Surge Trader does. You should complete a (priced) evaluation or audition procedure to prove that you have the abilities and commitment to be a funded trader.

Orders placed on SurgeTrader are routed through the Australian online broker Eightcap, which offers quick execution and is governed by the SCB of the Bahamas and the ASIC of Australia, two reputable organizations globally.

SurgeTrader provides a user-friendly Trader Gateway that allows you to keep a record of your trading activities. When you have any questions or issues, you may contact their customer service team, which is regarded as having very high standards due to how quick and efficient it is, particularly their live online chat feature.

Who can join Surge Trader?

People who complete the auditing process can join Surge Trader. Surge Trader distinguishes itself from rival companies and benefits from its straightforward, one-step auditing procedure. It shortens the procedure's time and elevates the options of succeeding for each trader who attempts it, specifically in the modest prerequisites and profitability goals it sets.

However, because there is no minimum requirement for days of trading, the auditing procedure could be completed faster than at other firms that do, such as My Forex Funds or FTMO, which demand a minimum of five or ten trading days, respectively.

Surge Trader is an ideal alternative considering its brief duration. It may be incredibly beneficial for traders using a lucrative trading method who need more capital to make significant profits.

Account tiers

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Account tiers

The available account tiers at Surge Trader include the following:

Starter- 25,000 USD, with an audition fee of 250 USD


Intermediate- 50,000 USD, with an audition fee of 400 USD


Seasoned- 100,000 USD, with an audition fee of 700 USD


Advanced- 250,000 USD, with an audition fee of 1,800 USD


Expert- 500,000 USD, with an audition fee of 3,500 USD


Master- 1,000,000 USD, with an audition fee of 6,500 USD

Besides, the normal profit share is seventy-five, and an add-on payment may raise it to 90 percent.

Trading rules

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Trading rules

At SurgeTrader, it's simple to concentrate on what matters most and discover profitable trades. Its three straightforward-to-adhere-to Surge Trader trading rules are the following:

Stop Loss — A stop-loss is needed for every trade.


Flat for weekends- At 3:55 PM Eastern Standard Time on Friday, every position should be closed.


Maximum Open Lots- Traders are permitted to hold a limit of 1/10000 of their account's value in open lots.

Surge Trader account opening guide

A trader must complete a form and pay for the selected package to get into the user account. The access and settings will only be given to the trader following that. The below-mentioned steps will help you learn how to open a Surge Trader account:

Go to the official site link, https://surgetrader.com/.


Tap on the "Start Trading tab” that appears on its web page.

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Surge Trader


You would be offered to select a tariff package and a platform from MT4 and MT5.


Verify the purchase of the trading package.

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The purchase of the trading package

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The purchase of the trading package


You will be sent the details of your Surge Trader account in the given e-mail.

With a funded profile, you must complete the SurgeTrader Audition and boost your earning potential. Also, you may look over the procedure for free. When you have successfully completed the audition procedure, you will get notified with an e-mail within 24 to 48 hours with your latest live profile details, and the funded trading profile will be prepared for you to begin trading.

Once the audition, you will be taken to a funded trading system with an actual balance given by Surge Trader prop. All profiles in the Surge Trader audition procedure are demo profiles with digital credit. You can now begin earning money, and when you want, you can withdraw it.

FAQ

How does Surge Trader Audition work?

You can complete the SurgeTrader Audition after selecting your tier. Then, utilize any trading approach you prefer while adhering to risk management guidelines and achieving the set objectives. Among its features are available instruments, minimal trading days, and a compulsory trading period.

When can you trade through Surge Trader?

After completing the on-step audition, you may use Surge Trader's capital with your trading skills.

What is the benefit of using Surge Trader's capital?

You can earn up to ninety percent of your profits by trading regularly and sensibly.

What are the trading account options at Surge Trader?

You may select the account tier from the available options which is most advantageous to you to start earning the most from your trading activities, about 75 percent of your

Team that worked on the article

Andrey Mastykin
Author, Financial Expert at Traders Union

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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.

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Dr. BJ Johnson
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