In this article, we will conduct a comprehensive comparison, focusing on the one-step evaluation programs, between SurgeTrader and Funded Trading Plus. Our aim is to provide insights into these two proprietary trading firms, their offerings, and their suitability for forex traders around the world.
Company Details
SurgeTrader
Funded Trading Plus
Incorporation date
September 2021
November 2021
Office Location
Naples, Florida
London, UK
Maximum Allocation Capital
$1,000,000
$2,500,000
SurgeTrader and Funded Trading Plus are reputable and dependable proprietary trading firms. SurgeTrader was established in September 2021, whereas Funded Trading Plus commenced its operations in November 2021. In terms of leadership, SurgeTrader is overseen by CEO Jana Seaman, while Funded Trading Plus is led by Simon Massey. SurgeTrader operates from its offices in Naples, Florida, while Funded Trading Plus is headquartered in London, UK. Regarding the maximum allocation capital, SurgeTrader offers traders the opportunity to access funding up to $1,000,000, whereas Funded Trading Plus allows traders to manage up to $200,000 in one-step evaluation accounts. It’s worth noting that both firms provide a scaling plan to traders.
Funding Program Options
Funding Program Options
SurgeTrader
Funded Trading Plus
One-step Evaluation
✅
✅
Two-step Evaluation
❌
✅
Instant Funding
❌
✅
SurgeTrader and Funded Trading Plus extend funding opportunities to forex traders worldwide. SurgeTrader provides a one-step evaluation program. In contrast, Funded Trading Plus offers a variety of evaluation programs, including a one-step evaluation, two two-step evaluations, and instant funding. To delve deeper, let’s explore the specifics of their one-step evaluation programs.
One-step Comparison:
Trading Rules/Objectives
SurgeTrader
Funded Trading Plus
Profit Target
10%
10%
Daily Drawdown
5%
3%
Overall Drawdown
8% (Trailing)
6% (Trailing)
Leverage
1:10 up to 1:20
1:30
Minimum Trading Days
No limit
No limit
Trading Period
No Limit
No Limit
Profit Split
75% up to 90%
80% up to 90%
Now that we have discussed the rules and guidelines of the instant funding programs, let’s delve deeper into the pricing details.
Account Size
SurgeTrader
Funded Trading Plus
$12,500
❌
$119
$25,000
$250
$199
$50,000
$400
$349
$100,000
$700
$499
$200,000
❌
$999
$250,000
$1,800
❌
$500,000
$3,500
❌
$1,000,000
$6,500
❌
Trading Instruments
Another crucial aspect to consider when comparing proprietary trading firms is the range of trading instruments they offer. Below, we outline the trading instruments available for trading with both SurgeTrader and Funded Trading Plus.
Trading Instrument
SurgeTrader
Funded Trading Plus
Forex pairs
✅
✅
Commodities
✅
✅
Indices
✅
✅
Equities
✅
❌
Crypto
✅
✅
Crypto Indices
✅
❌
Community Feedback
Community feedback plays a significant role in assessing the reputation and reliability of proprietary trading firms. In this comparison, we will examine feedback from Trustpilot to gauge the experiences and opinions of users regarding both SurgeTrader and Funded Trading Plus.
Trustpilot Statistics
SurgeTrader
Funded Trading Plus
Rating
4.6/5
4,9/5
Number of Reviews
899
1,804
In terms of community feedback, SurgeTrader boasts a rating of 4.6/5 from a pool of 899 reviews, whereas Funded Trading Plus has garnered a rating of 4.9/5 from a larger base of 1,804 reviews. These statistics indicate that Funded Trading Plus currently enjoys greater popularity among traders.
In summary, SurgeTrader and Funded Trading Plus are both strong choices for proprietary trading firms, each with its unique features and advantages. Traders should consider their specific needs, preferences, and objectives when selecting the right fit for their trading journey. Both firms offer distinct pricing structures, funding options, and community feedback. To help traders get started, we’ve provided active discount codes for both platforms:
- SurgeTrader: 10% active discount code: SHINY
- Funded Trading Plus: 10% active discount code: FT10
These discounts can be a valuable incentive for traders looking to explore these platforms further.
