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TRADING RULES &
ACCOUNT LIMITS

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

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ONE EASY-TO-FOLLOW RULE

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.

One-Time Fee

No monthly subscriptions. Just a single investment.

ONE Simple Rule

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.
1 PHASE
2 PHASE

8% Maximum Trailing Drawdown

Traders may not incur losses exceeding 8%, on a trailing basis up to starting balance +8%. Once a trader has reached 8% profits in their account, the trailing drawdown becomes obsolete, and traders are allowed to drawdown back to their starting balance before breaching.

5% Daily Loss Limit

Incurred losses cannot exceed 5% 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.

8% Maximum Fixed Drawdown

In the 2 Phase Audition, traders may not incur losses exceeding 8% on a fixed basis. The 8% max fixed drawdown applies to both Phase1 and Phase 2, and gives traders more flexibility to recover from trading losses than the trailing drawdown in the 1 Phase Audition.

5% Daily Loss Limit

Incurred losses cannot exceed 5% of your account equity in a given day for both Phase 1 and Phase 2. This is the same as the daily loss limit on the 1 Phase Audition.

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*Note: The drawdown in the 2-phase Audition is fixed and not a trailing drawdown. In other words, on a $100,000 account, for example, the drawdown stays fixed at $92,000 no matter how much profit you make. The drawdown never trails with your equity.

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.

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.

8% Maximum Drawdown

Traders may not incur losses exceeding 8%, on a trailing basis up to starting balance +8%. Once a trader has reached 8% profits in their account, the trailing drawdown becomes obsolete, and traders are allowed to drawdown back to their starting balance before breaching.

5% Daily Loss Limit

Incurred losses cannot exceed 5% of your account equity in a given day.

START TRADING

*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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Take the SurgeTrader Audition and supercharge your earning power with a funded account. You can even check out the process for free.

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