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When choosing a prop firm partner, traders have many choices. What separates SurgeTrader from Rocket 21?
Traders have many options to solve their challenge of undercapitalization. Specifically, though, why should you choose SurgeTrader vs. Rocket 21?
We’ve laid out the SurgeTrader vs. Rocket 21 differences below* for you to make an informed decision.
|
1 Phase Audition |
*
 Apollo 11 Plan |
|
|---|---|---|
| Entry-Level Accounts ($25K-50K) |  |
|
| Mid-Tier Accounts ($100K-200K) | |
|
| Large Accounts ($250K-500K) | |
 |
| $1 Million Account | |
|
| Funded with Real Money | |
|
| Minimum Trading Days | None | 3 Days |
| Daily Loss Limit | 5% | 3% |
| Max Loss | 8% | 6% |
| Max Profit Share | 90% | 80% |
| Customer Service via Telephone | |
|
| Time Needed for Scaling Up | Upon Passing | 3 Months |
| TrustPilot Review Response Time | Fast | Slow/No |
* Logos and trademarks belong to their respective owners and are included here for comparison purposes only.
* All information based on Rocket 21’s Apollo 11 plan. This comparison is accurate as of July 18, 2023.
SurgeTrader is different from Rocket 21, offering a uniquely simple one-step funding model, where traders take an Audition with simple rules. Unlike Rocket 21, SurgeTrader has never imposed minimum trading day requirements on any of our auditions. We want traders to pass. Other firms like Rocket 21 make money when their traders fail the challenge, so they offer complicated multi-step funding models — or a program with complex rules which include a minimum number of trading days, extremely tight daily drawdown limits and meager maximum loss limits.
Some of the most well-known prop firms, like Rocket 21, do not put their funds at risk. Many prop firms, once you pass their challenge, still keep you on a demo account with fake money. This allows them to act as a quasi-broker and never put any real money at risk. They look to profit from the failure of traders. Not SurgeTrader. We stand by our traders with our own money.
At Rocket21, there is no published customer support telephone number. At SurgeTrader, you can call us directly, 24/7, and talk to a live support representative. That's because when we developed SurgeTrader, we asked ourselves, “How can we stand out?” The answer is incredible customer service that goes above and beyond our competitors. We’ve committed significant resources so that traders can speak to a live person and ask questions or get support by phone, chat or email, during regular business hours. We challenge you to find another firm that makes it easy to talk to someone and get the answers you need.
Other prop firms like Rocket 21 have complex rules designed to profit off failed traders. SurgeTrader features a one-step Audition with just a couple of clear, easy-to-understand trading rules.
You can pass our Audition at your own pace — whether that’s in 3 hours or 3 months, and you decide how many days that you want to trade, with no minimums. Some firms, like Rocket 21, mandate that you have to trade for at least 3 days, which may cause you to overtrade. Others have similarly restrictive trading time frames on some levels of their challenges, or may require you to pay to remove the time limits. With SurgeTrader, it’s simple. Take all the time that your strategy needs and make as many (or as few) trades as you need to be profitable.
Proprietary (prop) trading firms fill a critical role, providing traders capital to grow. But they won’t hand over their money to just anyone. Each company requires something different. So, how do you choose the right partner? Which questions should you ask?
We compiled a list of the top 15 questions you need to know before signing up with ANY prop firm.
Transparency is key to making an informed decision. Directly compare features from our competitors to see why SurgeTrader is one of the fastest growing prop firms worldwide.
* Standard profit share of 75% can be increased to 90% with add-on purchase.
** Standard Leverage can be increased up to 20:1 with add-on purchase & applies only to FX & metals.
Choose the account tier that works for you & start earning more on your trading activity.
* Standard profit share of 75% can be increased to 90% with add-on purchase. ** Standard Leverage of 10:1 can be increased up to 20:1 with add-on purchase & applies only to FX & metals.
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