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Traders have many options to solve their challenge of undercapitalization. Why should you choose SurgeTrader vs. True Forex Funds? We’ve laid out the SurgeTrader vs. True Forex Funds “Standard” evaluation differences below for you to make an informed decision
 1 Phase Audition |
*
 Standard |
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|---|---|---|
| Entry-Level Accounts ($25K-50K) |  |
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| Mid-Tier Accounts ($100K-200K) | |
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| Large Accounts ($250K-500K) | |
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| $1,000,000 Account | |
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| Funded with Real Money | |
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| Day 1 Payouts Permitted | |
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| Max Profit Share | Up to 90% | 80% |
| Profit Target | 10% | 13%** |
| Minimum Trading Days | None | 5 days per phase |
| Trading Period | None | 30 day max*** |
| Customer Service via Telephone | 24/7 | None |
| Customer Service on Weekends | 24/7 | None |
| Time Needed for Scaling Up | Upon Passing | 90 days |
| Retry Discount for Breached Accounts | 20% | None |
* Logos and trademarks belong to their respective owners and are included here for comparison purposes only. This comparison is accurate as of July, 18, 2023.
** Combined profit target between both Phase 1 and Phase 2.
*** Traders must pass True Forex Funds Standard Phase 1 evaluation in thirty days or less.
SurgeTrader is better for traders than True Forex Funds in several key areas. With an exceptionally simple one-step funding model, SurgeTrader offers an Audition with simple rules and no time restrictions. Despite recent changes in the prop industry worldwide, True Forex Funds continues to rely on evaluations which impose time restrictions or minimum trading days.
At SurgeTrader, traders keep up to 90% of the profits they make, once they proceed to a live account — profits they can withdraw on day one. With True Forex Funds, traders are only entitled to 80% of profit, and traders can be forced to be wait as long as two weeks before their first payout.
SurgeTraders can trade with starting account balances up to $1 million in our program. True Forex Funds Standard account has a maximum starting allocation of $200K — with the potential to scale marginally larger every three months. It would take many traders well over a year to scale up to a $1 million balance with the True Forex Funds Starter program.
Other prop firms like True Forex Funds have multiple phases in their evaluation. SurgeTrader features a one-step Audition with just a couple of clear, easy-to-understand trading rules. No multiple phases. No long list of hard-to-understand rules.
You can take your time and pass all of our Audition at your own pace — even if it takes months. And, you can make as many or as few trades as you want to make. True Forex Funds requires that you pass the Standard evaluation in a maximum of 30 days for Phase 1, and, you must trade a minimum of 5 days during this phase. Don't like these restrictions? Well, you can only drop 1 of them via TFF's Quick Funding or Timeless Funding options, but, you cannot drop both. Why bother? All of SurgeTrader's auditions come with no time restrictions and no minimum trading days.
When you earn profits in a funded account, we believe that’s your money to do with as you please. So, if you make profits on the first day of trading a live account, you can request a payout right then.
Some firms — like True Forex Funds — do not fund accounts with real money. Traders are still on a demo once they pass. They only pay out the winners, which is why they offer complicated multi-phase challenges. Not SurgeTrader. Since we fund accounts with real money, we want traders to pass and 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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