Surgetrader

SurgeTrader is a prop trading firm that provides traders access to institutional capital and trading resources. They offer 6 different funded account packages from a starter account with $25,000 in funding to a master account with $1 million in funding. Traders can trade a variety of financial instruments like stocks, currencies, and derivatives. To qualify for a funded account, traders must pass a one-step evaluation process where they meet a 10% profit target over their audition period while following basic risk management rules.

The starter, intermediate, and seasoned accounts provide $25,000, $50,000, and $100,000 in funding respectively. The audition fees range from $250 to $700 and traders can earn a 75% profit split on qualified trades. Traders can purchase add-on bundles to increase their profit split to 90% and double their leverage. The advanced and expert accounts provide $250,000 and $500,000 in funding with audition fees of $1,800 and $3,500 respectively. To qualify, traders must earn profits of $25,000 and $50,000 respectively.

SurgeTrader offers support through phone, live chat, email and social media nearly 24/7. Their customer service has a rating of 4.3 out of 5 on Trustpilot. While most reviews are positive, some mention issues with trading platforms related to slippage and spreads. SurgeTrader explains that they do not control the trading platforms and their broker Eightcap is regulated in Australia.

The firm protects user data according to privacy laws and uses encryption on trading platforms. Their pricing model involves one-time audition fees without monthly charges. Traders can retake an audition with a 20% discount. Add-on bundles provide value by increasing profit splits and leverage.

The master account offers $1 million in funding and requires $100,000 in profits to qualify. It has the highest audition fee of $6,500 but provides the most funding and earning potential for experienced traders.