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 4PM 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.
No long list of confusing rules to follow.
Two Simple Rules
No minimum trading days. Pass and you're in.
Pass Quickly
Trade the strategy that works for you.
Any Strategy
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% 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% Daily Loss Limit
Incurred losses cannot exceed 4% of your account equity in a given day.
*Note: The daily loss limit applies to current daily equity. For example, a trader with a $100,00 funded account would have a $4,000 daily loss limit. If the trader ran up a profit of $10,000, their new daily loss limit would be $4,400 – or 4% of their new balance of $110,000.