Surge Trading
Surge Trading offers a single-phase audition process with one of the simplest evaluation structures in the industry, plus instant funding options for experienced traders.
Key Facts
Scores Breakdown
Overall Score
Based on pricing, platforms, rules, payouts, and reliability
Challenge Options
| Type | Account Size | Price | Profit Target | Max Loss | Daily Loss | Profit Split | Duration |
|---|---|---|---|---|---|---|---|
| Standard Audition | $25,000 | $250 | 10% | 8% | 4% | 75% | Unlimited |
| Standard Audition | $50,000 | $400 | 10% | 8% | 4% | 75% | Unlimited |
| Standard Audition | $100,000 | $700 | 10% | 8% | 4% | 75% (up to 90%) | Unlimited |
| Standard Audition | $200,000 | $1,200 | 10% | 8% | 4% | 75% (up to 90%) | Unlimited |
Trading Rules
- 1No minimum trading days required
- 2Maximum daily loss of 4% of initial balance
- 3Maximum overall loss of 8% of initial balance
- 4No lot size restrictions
- 5Weekend holding allowed
- 6News trading allowed
Pros & Cons
Pros
- Simple one-step audition process
- Instant funding option available
- Unlimited evaluation time
- No minimum trading days requirement
- Account sizes up to $1,000,000
Cons
- Lower starting profit split (75%) than competitors
- Higher challenge fees relative to account size
- Monthly payout frequency is slower than average
- Limited platform options
Full Review
Surge Trading, based in Miami, offers one of the simplest entry points into prop trading. Their one-step audition model eliminates the multi-phase evaluation that can be time-consuming with other firms.
The audition requires a 10% profit target with an 8% max loss and 4% daily loss limit. There is no minimum trading day requirement, meaning skilled traders can pass the evaluation quickly. The unlimited time frame removes deadline pressure.
The profit split starts at 75%, which is lower than the 80% industry standard, but can increase to 90% through consistent performance. The instant funding option is available for traders who want to skip the audition entirely, though it comes at a premium.
The main drawbacks are the higher challenge fees relative to account size and the monthly payout schedule. For traders who value simplicity and minimal restrictions, Surge Trading provides a straightforward path to funding.
Ready to Start Trading with Surge Trading?
Challenges from $250 · Up to 75% (up to 90%) profit split · Monthly payouts
Disclaimer
Prop trading firms are not regulated financial institutions. Challenge fees are non-refundable in most cases. Past performance of funded traders does not guarantee future results. Always read the full terms and conditions before purchasing a challenge. This review is for informational purposes only and does not constitute financial advice.