SurgeTrader vs. The Funded Trader: A One-Step Comparison

Comparisons

In this detailed analysis, we juxtapose SurgeTrader and The Funded Trader, two prominent proprietary trading firms in the forex industry. We will delve into their offerings and how they stand in comparison to one another.

Company Overview

Both SurgeTrader and The Funded Trader are esteemed in the realm of proprietary trading. SurgeTrader, established in September 2021, is spearheaded by CEO Jana Seaman and operates from Naples, Florida. In contrast, The Funded Trader, which began its journey in May 2021, is led by CEO Angelo Ciaramello and is based in Liberty Hill, Texas. SurgeTrader offers a maximum allocation capital of up to 3x $200,000, while The Funded Trader extends up to $1,500,000 to its traders. These firms are not only notable for their reliable services but also for their impressive scaling plans.

Funding Program Options

Both firms cater to the global forex trading community with diverse funding programs. SurgeTrader provides a one-step and a two-step evaluation, whereas The Funded Trader offers a one-step evaluation along with three variants of a two-step evaluation.

One-Step Evaluation Comparison

Profit Target: Both firms have a 10% target.
Daily Drawdown: SurgeTrader allows 5%, while The Funded Trader permits 3%.
Overall Drawdown: 8% (Trailing) for SurgeTrader and 6% (Trailing) for The Funded Trader.
Leverage: SurgeTrader offers 1:10 to 1:20, whereas The Funded Trader provides up to 1:30.
Minimum Trading Days: No limit for both.
Trading Period: Unlimited for both.
Profit Split: 75% to 90% for SurgeTrader and 80% to 90% for The Funded Trader.

Price Comparison for Account Sizes

The following table illustrates the varying account sizes and their respective prices for both firms:

$5,000: Not available with SurgeTrader, $59 with The Funded Trader.
$10,000: Not available with SurgeTrader, $99 with The Funded Trader.
$25,000: $250 for SurgeTrader, $189 for The Funded Trader.
$50,000: $400 for SurgeTrader, $289 for The Funded Trader.
$100,000: $700 for SurgeTrader, $489 for The Funded Trader.
$200,000: Not available with SurgeTrader, $939 with The Funded Trader.
$250,000: $1,800 for SurgeTrader, not available with The Funded Trader.
$500,000: $3,500 for SurgeTrader, not available with The Funded Trader.
$1,000,000: $6,500 for SurgeTrader, not available with The Funded Trader.

Brokers & Trading Platforms

When considering brokers and trading platforms, SurgeTrader partners with ThinkMarkets, while The Funded Trader collaborates with Eightcap, Purple Trading Seychelles, and Think Markets. Both firms utilize the MetaTrader 4 and MetaTrader 5 platforms.

Trading Instruments

Trading instruments are a crucial aspect of comparison. Both SurgeTrader and The Funded Trader offer a range of instruments including Forex pairs, commodities, indices, and cryptocurrencies. However, SurgeTrader additionally provides options for equities and crypto indices, which are not available with The Funded Trader.

Community Feedback

Trustpilot ratings are a testament to customer satisfaction. SurgeTrader boasts a 4.7/5 rating from 886 reviews, while The Funded Trader has a 4.5/5 rating from a staggering 13,361 reviews, indicating its higher popularity.

Conclusion

In summary, SurgeTrader and The Funded Trader present themselves as two excellent choices for proprietary traders. They differ in aspects such as trading rules, objectives, pricing, and community feedback. Additionally, the diversity in their funding program

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.