SurgeTrader Rules
Source review:
SurgeTrader requires a 10% profit target, 5% max daily loss, and 8% max static (floor never moves) drawdown. Account sizes range from $25,000 to $250,000. Profit split starts at 75% and can reach 90%. This summary is based on the rule set reviewed on 2024-05-01.
KEY FACTS
- Max funding: $250,000
- Cheapest fee: $200
- Profit split: 75%-90%
- Drawdown: Static (floor never moves)
- Phases: 1 evaluation + funded
- Markets: forex, indices, commodities, crypto
- Trust score: 15/100
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Contribute an AuditFrequently Asked Questions
What are SurgeTrader's rules?
SurgeTrader is a 1-step prop firm with static (floor never moves). The daily loss limit is 5%, max drawdown is 8%, and the profit target is 10%. Profit split ranges from 75% to 90%.
What is SurgeTrader's drawdown type?
SurgeTrader uses static (floor never moves). The drawdown floor is fixed at account opening and never moves up, regardless of profits.
How much does SurgeTrader cost?
SurgeTrader account fees range from $200 for a $25,000 account to $1800 for a $250,000 account. Most firms refund the fee with your first payout.
Does SurgeTrader allow news trading?
SurgeTrader restricts news trading. You cannot open or close positions within a window around major economic events like NFP, FOMC, and CPI.
What is SurgeTrader's profit split?
SurgeTrader offers a 75% to 90% profit split. Traders start at 75% and can scale up to 90% based on performance. Payouts are processed monthly (no longer operational).
Can you use EAs on SurgeTrader?
No, SurgeTrader does not allow expert advisors or automated trading bots. Copy trading is not allowed.
What platforms does SurgeTrader support?
SurgeTrader supports MT4, MT5. The firm offers forex, indices, commodities, crypto markets across 4 account sizes from $25,000 to $250,000.
Does SurgeTrader allow overnight and weekend holding?
Yes, SurgeTrader allows overnight holding. Weekend holding is not allowed -- you must exit all positions before Friday close.
Reviewed | Rules verified against official firm websites