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TRADING RULES &
ACCOUNT LIMITS

Focus on making profit — not on complying with a long list of trading rules.

THREE EASY-TO-FOLLOW RULES

At SurgeTrader, we make it easy to focus on what’s most important… finding good trades and making a profit.

1

STOP LOSS

A stop-loss is required for each trade.

2

FLAT FOR THE WEEKEND

All positions must be closed on Friday 3:55 PM Eastern Standard Time.

3

MAXIMUM OPEN LOTS

Traders may have a maximum number of open lots equal to 1/10000 the size of their account.

One-Time Fee

No monthly subscriptions. Just a single investment.

Two Simple Rules

No long list of confusing rules to follow.

Any Strategy

Trade the strategy that works for you.

Pass Quickly

No minimum trading days. Pass and you're in.

ACCOUNT LIMITS

Breaching these account limits will result in closing of trader’s account and a reset will be required to qualify for a funded account.

5% 6% Maximum Drawdown

Traders may not incur losses exceeding 5%, on a trailing basis up to starting balance +5%. Once a trader has reached 5% profits in their account, the trailing drawdown becomes obsolete, and traders are allowed to drawdown back to their starting balance before breaching.

4% 5% Daily Loss Limit

Incurred losses cannot exceed 4% of your account equity in a given day.

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*Note: The daily loss limit applies to current daily equity. For example, a trader with a $100,000 funded account would have a $5,000 daily loss limit. If the trader ran up a profit of $10,000, their new daily loss limit would be $5,500 – or 5% of their new balance of $110,000.

Single Share Equities: Traders are not permitted to enter into or hold Single Share Equity CFD into an earnings release pertaining to that underlying equity. To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release. Violation of this rule will constitute an immediate, hard breach of a trader’s account and any gain or loss on said position will be removed from any trader payout calculations.

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TRADING ACTIVITY

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