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SurgeTrader Coupon

SurgeTrader Coupon

If you're serious about trading for a living, you've probably heard of SurgeTrader. This leading prop firm offers skilled traders fully funded accounts with sweet perks. The only catch? It's not free. But with our exclusive SurgeTrader coupon code "modestmoney," you can save 10% on your membership.

SurgeTrader has gained major traction, with traders of all skill levels flocking to the platform for a chance at a funded account. Once you pass their evaluation, you'll get an account with up to $200,000 in buying power to trade with. You'll also gain access to their library of video lessons and daily live streams from pro traders.

To get started, head to SurgeTrader.com and select a membership plan. When checking out, enter the promo code "modestmoney" to knock 10% off the total cost. The discount will automatically be applied to your first payment.

With top-notch education, fully funded accounts, and 24/7 support, SurgeTrader gives you everything you need to become a pro trader. And with our special coupon code, you'll save money from the get-go. What are you waiting for? Surge into your trading future today! On that note, here is a detailed SurgeTrader review.

What Is SurgeTrader?

SurgeTrader is one of the best prop firms created by an institutional trader, a venture capitalist, and a forex trader who wanted to simplify the path to funding for new traders.

SurgeTrader offers some of the most lenient terms for new traders looking to get started. They provide up to 90% profit splits, allow you to trade various instruments (not just stocks), have no minimum trading day requirements, and let you employ any strategy you want. Whether you prefer news trading, algorithmic trading, hedging, or something else, SurgeTrader will let you maximize your profits.

To get started, open an account on their platform and fund it with a minimum of $25,000. Once your account is funded, you can start trading right away. SurgeTrader evaluates traders based on profits, risk management, and consistency. Top traders can receive funding of up to $1 million.

If you're looking for an easy way to access funding as a new trader, check out SurgeTrader. With flexible terms and the opportunity to earn high-profit splits, SurgeTrader allows traders to focus on what matters - making profits. Use the "modest money" SurgeTrader coupon code to get 10% off your first month's subscription fees.

What are The Key SurgeTrader Features?

SurgeTrader offers several useful features for traders of all experience levels.

Simple, Universal Rules

SurgeTrader sets the same straightforward trading requirements for all account types, including:

  • A 5% daily loss limit
  • An 8% maximum drawdown limit
  • A 10% profit target

This standardized system makes the platform easy to understand and navigate.

Broad Support and Resources

SurgeTrader supports nearly all trading techniques, over 100 financial instruments, and multiple currencies. It also provides educational materials to help traders expand their skills.

Low Fees

Depending on the account type, SurgeTrader charges no commission on trades and low monthly membership fees ranging from $99 to $399. Compared to other prop firms, SurgeTrader's fees are very affordable.

With simple rules, extensive resources, and low fees, SurgeTrader gives traders an accessible platform to develop their skills and work toward consistent profits. The key features create an intuitive and budget-friendly trading environment for members.

What are The SurgeTrader Pricing & Plans

SurgeTrader offers two main pricing plans: free paper trading and paid live trading accounts.

Free Paper Trading Account

If you want to try out the platform without committing funds, SurgeTrader offers free 30-day paper trading accounts. Paper trading allows you to trade with simulated money to get a feel for the platform and practice different strategies before putting real money on the line. This is a great option if you're new to futures trading or want to build up your experience.

Paid Live Trading Account

Once you're ready to start live trading, SurgeTrader offers initial funding amounts from $25,000 up to $1 million. The specific amount you'll need to fund an account will depend on how much you want to get started with. Fees for live accounts include:

  • $25k of funding – $250 per audition
  • $50k of funding – $400 per audition
  • $100k of funding – $700 per audition
  • $250k of funding – $1,800 per audition
  • $500k of funding – $3,500 per audition
  • $1m of funding – $6,500 per audition

SurgeTrader aims to provide an affordable, low-cost solution for futures traders. Keeping fees to a minimum means the bulk of your money can be put towards your trading capital. Overall, SurgeTrader offers very competitive rates compared to other futures brokers.

Available SurgeTrader Community and Networking Opportunities

SurgeTrader offers several ways for members to connect through its online community.

Community Forum

The Community Forum allows traders to start discussions, ask questions, and get advice from more experienced members. Post about your wins, losses, strategies, or insights, and get feedback. Connecting with like-minded traders can help motivate you and spark new ideas.

Webinars

SurgeTrader hosts regular webinars on a variety of trading topics. Webinars are a great way to learn from industry experts and seasoned traders. Many webinars also have live Q&A sessions where you can ask questions and get advice tailored to your needs.

Live Trading Sessions

For a truly interactive experience, join the live trading sessions. Moderated by expert traders, these sessions walk you through live market analysis and trading in real time. See how the pros scan the markets, identify opportunities, place trades, and manage their positions. You can even mirror the trades to gain experience following a professional's system.

What are The Common SurgeTrader Trading Rule

You'll want to familiarize yourself with the standard operating procedures to avoid unwanted surprises. SurgeTrader has some rules in place to keep trading fair and responsible for all.

  • First, overnight and weekend positions are permitted for most trades, except for single share equity CFDs held into an earnings release. Those must be closed before the stated deadline to avoid immediate account breaches.
  • Trading strategies are flexible if they follow the rules. Pick discretionary, hedging, algorithms, or whatever works for your style. The number of lots depends on your account size. Bigger accounts can open more positions with more risk.
  • Using news trading is fine, too, again, except around earnings. Take advantage of market-moving events, just not company financials.
  • SurgeTrader requires a minimum margin for each trade based on the asset and leverage amount. Make sure you deposit enough to meet the initial margin requirement for your positions. If your equity drops below the maintenance margin level, SurgeTrader may liquidate some or all of your positions to bring your account back into compliance.

SurgeTrader Pros and Cons

SurgeTrader, an automated trading platform, offers some useful features for traders but also has some downsides to consider. SurgeTrader's pros and cons are based on online SurgeTrader reviews from the platform's traders.

Pros

  • Absence of minimum/maximum trading day prerequisites.
  • Single-phase "audition" process.
  • Availability of a paper account.

Cons

  • Lack of futures or options trading capabilities.
  • Default profit payout set at 75%.
  • No provision for refunds.

Overall, SurgeTrader can be a useful platform for active traders looking to save time, but you need to go in with realistic expectations. Closely supervising the automated trading elements and starting slowly while you learn the ropes is key. If you want access to more markets or prefer less risky investing, SurgeTrader may not be the best choice. But for tech-savvy traders, the pros could outweigh the cons.

SurgeTrader Review and Coupon Code: Final Thoughts

SurgeTrader offers an interesting opportunity for day traders looking to take their skills to the next level. The platform's key strengths lie in its flexibility and simplicity. Traders can choose funding levels that suit their needs and experience, from $25,000 to $1,000,000.

The 5% daily loss limit, 8% maximum drawdown, and 10% profit target are challenging but achievable goals for skilled traders. Additionally, SurgeTrader's community and networking opportunities allow you to connect with other successful day traders, share insights, and continue improving your craft.

To explore SurgeTrader for yourself, click here to visit their website so you can evaluate if it matches your trading needs and preferences. And don't forget that you can save 10% on the SurgeTrader audition fee by using the promo code "modestmoney" at checkout!

Overall, SurgeTrader offers an attractive package for dedicated day traders looking to take their skills to the next level in a collaborative environment. The funding levels, profit targets, and community aspects provide flexibility and accountability. If you're an experienced day trader searching for new opportunities to grow and connect with other skilled individuals, SurgeTrader could be worth your consideration.

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