Each account is independent and starts with an audition. However, a trader can only have one account per audition tier. In order to trade an account with a higher account balance, you can apply for another SurgeTrader Audition. Traders are then entitled to 75% of profits generated in the live account, with the option to purchase an add-on for a 90% profit share. Upon successful completion of the audition, traders receive login credentials to a live trading account with real funds. If you traded with $500,000 for the audition, you would also manage $500,000 worth of our capital in your funded trader account.Īll SurgeTrader Audition accounts are demo accounts with virtual funding. Traders will trade the same account balance as their SurgeTrader Audition. Our traders find that they learn to manage risk more responsibly simply by joining the SurgeTrader team. Eliminate over-trading, revenge trading, or over-leveraging. More than just having the opportunity to trade our capital, SurgeTrader improves your trading by requiring you to adhere to our straightforward trading rules which promote strong risk management, while not restricting your trading decisions. An undeniable benefit of trading with SurgeTrader is that you are not responsible for any losses. Trading is a risky business, though, and even profitable traders have periods where they break even or incur losses. But with a $1 million account, a 30% return - where you keep up to 90% - is an incredibly richer return on investment. For example, if your trading skills yielded a 30% return one month, but you only have $5,000 to invest, a 30% return probably isn’t worth the time you spent. After all, one of the most pressing challenges for profitable traders is undercapitalization - trading accounts that are too small.Īs a funded trader, you keep up to 90% of the profits. You’ve put in the work and now it’s time to capitalize on that hard work with a funded account. You spend countless hours honing your skills, studying the market, practicing sound risk management… just to find a few profitable trades. Becoming a successful trader is a challenge.
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