Question 1

Can you trade news on SurgeTrader?

Accepted Answer

SurgeTrader has different news trading rules depending on the phase. Some phases allow it while others restrict it.

Here is the breakdown by phase:

-Evaluation: news trading is restricted (typically no trading 2 minutes before/after major releases like NFP, FOMC, CPI)
-Funded: news trading is restricted (typically no trading 2 minutes before/after major releases like NFP, FOMC, CPI)

Be careful when transitioning between phases, as the rules may change. Always check which phase you are in before trading around news events.SurgeTrader trades on MT4, MT5 and covers forex, indices, commodities, crypto.

Question 2

Can you hold overnight on SurgeTrader?

Accepted Answer

Yes, SurgeTrader allows you to hold positions overnight in all phases. You do not need to flatten your positions before the market closes.

Question 3

Can you hold over weekend on SurgeTrader?

Accepted Answer

No, SurgeTrader does not allow weekend holding. All positions must be closed before the market closes on Friday.

Question 4

Can you use EAs/bots on SurgeTrader?

Accepted Answer

No, SurgeTrader does not allow Expert Advisors (EAs) or automated trading bots. All trades must be placed manually.

Question 5

What happens if you hit drawdown on SurgeTrader?

Accepted Answer

If you hit the maximum drawdown limit on SurgeTrader, your account is immediately terminated. All open positions are closed and you lose access to the account.

Question 6

How to reset SurgeTrader challenge?

Accepted Answer

To reset your SurgeTrader challenge, you need to purchase a new evaluation. SurgeTrader does not offer free resets.

Can you trade news on SurgeTrader?

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