SurgeTrader vs. Funded Trading Plus: A Comprehensive One-Step Comparison

Comparisons

This article presents a thorough comparison between two notable proprietary trading firms, SurgeTrader and Funded Trading Plus, focusing on their offerings to the global forex trading community.

Company Profiles

SurgeTrader and Funded Trading Plus are both esteemed and reliable in the proprietary trading sector. SurgeTrader, established in September 2021 under the leadership of Jana Seaman, is based in Naples, Florida. On the other hand, Funded Trading Plus, founded in November 2021 with Simon Massey at the helm, operates from London, UK. While SurgeTrader offers a maximum allocation capital of $1,000,000, Funded Trading Plus steps ahead with a higher capital offering of up to $2,500,000. Both companies are known for their robust scaling plans.

Funding Program Varieties

The two firms provide diverse funding programs to cater to forex traders globally. SurgeTrader offers both a one-step and a two-step evaluation process, whereas Funded Trading Plus extends its offerings to include a one-step evaluation, two two-step evaluations, and an instant funding option.

One-Step Evaluation: A Detailed Comparison

Profit Target: 10% for both firms.
Daily Drawdown: 5% for SurgeTrader and 3% for Funded Trading Plus.
Overall Drawdown: SurgeTrader has 8% (Trailing) and Funded Trading Plus 6% (Trailing).
Leverage: SurgeTrader offers 1:10 to 1:20, whereas Funded Trading Plus provides up to 1:30.
Minimum Trading Days: No limits for both firms.
Trading Period: Unlimited for both firms.
Profit Split: SurgeTrader offers 75% to 90%, while Funded Trading Plus offers 80% to 90%.

Price Comparison for Different Account Sizes

The pricing structure for various account sizes offered by the two firms is as follows:

$12,500: Not available with SurgeTrader, $119 with Funded Trading Plus.
$25,000: $250 for SurgeTrader, $199 for Funded Trading Plus.
$50,000: $400 for SurgeTrader, $349 for Funded Trading Plus.
$100,000: $700 for SurgeTrader, $499 for Funded Trading Plus.
$200,000: Not available with SurgeTrader, $999 with Funded Trading Plus.
$250,000: $1,800 for SurgeTrader, not available with Funded Trading Plus.
$500,000: $3,500 for SurgeTrader, not available with Funded Trading Plus.
$1,000,000: $6,500 for SurgeTrader, not available with Funded Trading Plus.

Brokers & Trading Platforms

Regarding brokers and trading platforms, SurgeTrader is partnered with ThinkMarkets, while Funded Trading Plus works with Eightcap. Both firms utilize the renowned MetaTrader 4 and MetaTrader 5 platforms.

Available Trading Instruments

An essential aspect of these firms is the range of trading instruments they offer. Both SurgeTrader and Funded Trading Plus allow trading in Forex pairs, commodities, indices, and cryptocurrencies. However, SurgeTrader also provides options to trade equities and crypto indices, which are not available with Funded Trading Plus.

Community Feedback and Reputation

Trustpilot ratings shed light on the firms’ reputations. SurgeTrader holds a rating of 4.7/5 from 886 reviews, while Funded Trading Plus surpasses with a 4.9/5 rating from 1,788 reviews, indicating a higher level of popularity.

Conclusion

In conclusion, SurgeTrader and Funded Trading Plus stand as two excellent options for traders in the proprietary trading domain. They differ notably in aspects like trading rules, objectives, pricing structures, and community feedback. Additionally, Funded Trading Plus distinguishes itself with the inclusion of instant funding in its array of funding program options, alongside one-step and two-step evaluations.

Comparisons Industry News

Effortlessly Access Live Spreads from Top Prop Firms

156

Comparisons

Prop Firm Comparison: FundedNext vs. PipFarm

539

Comparisons Industry News

Adjustments to Contract Sizes at TopTier Trader: What You Need to Know

207

New Prop Firms

iFunds

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

DNA Funded

DNA Funded is a broker-backed prop trading firm that aims to help traders get simulated funded capital up to $600,000. They offer flexible challenge options, plus boosters to fast-track evaluations. With access to major markets, including forex and crypto, the platform is designed for those seeking bigger opportunities under clearly stated risk parameters. Whether you’re a newbie or a seasoned pro, DNA Funded aims to be your stepping stone into advanced prop trading.

Blueberry Funded

Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners.

Prop Number One

Prop Number One is a global prop trading platform offering traders transparent rules, competitive payouts, and flexible account options to optimize their trading experience.

TradeApp

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT)

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

The information provided on All Prop Trading Firms is for informational purposes only. We aim to provide comprehensive and unbiased reviews of various prop trading firms along with sharing valuable discount coupons and updates. However, we do not take responsibility for any decisions made based on the information presented on our site. Trading involves substantial risks and is not suitable for every investor. We highly recommend that you read the terms and conditions of each prop firm and conduct thorough research before engaging in any trading activities.

At All Prop Trading Firms, we believe in transparency and building trust with our audience. We would like to inform you that we have affiliate relationships with some of the prop firms listed on our site. This means that we may receive compensation if you click on affiliate links and make a purchase through these links. Please note that this does not incur any additional cost to you as a buyer. Our affiliate partnerships help us sustain our site and continue to provide valuable content to our readers.