Following SurgeTrader’s unexpected closure, here are top alternative prop firms you can consider:
(Scroll/swipe the table to your left ← or right → to view all providers)
Features | SurgeTrader | RebelsFunding | FTMO | the5ers |
Trading platform | MatchTrader (third party platform; license later revoked) | RF-Trader (in-house trading platform; owned by RebelsFunding). Independent and reliable. No license issues | MetaTrader 4, MetaTrader 5, DXtrade, cTrader | MetaTrader 5 |
Minimum fee for a program | $250 (expensive) | $25 (affordable) | €155 | $39 |
Refund (after a successful completion of an evaluation process) | No | Yes. Up to 200% refund of your purchase fee | Yes | No |
Free trial | Yes | Yes | Yes | No |
Profit split | 75% – 90% | 80% – 90% | 80% – 90% | 50% – 100% |
No time limit | Yes | Yes | Yes | No and yes (it actually depends on the program) |
Payment/withdrawal method | Bank transfer, Paypal, Coinbase | Bank transfer, Card, Rise, Crypto, Wise, etc. | Bank, Crypto, Skrill | Bank, Wise, Crypto |
News trading | Allowed | Allowed | Allowed | Allowed |
Weekend holding | Allowed | Allowed | Allowed | Allowed |
Overnight holding | Allowed | Allowed | Allowed | Allowed |
Instruments | Forex, Indices, Metals, Commodities, Crypto, Stocks | Forex, Metals, Energies, Crypto, Indices | Indices, Commodities, Stocks, Crypto, Forex | Forex, Metals, Indices, Securities |
EAs | Allowed | Not Allowed | Allowed | Allowed |
Customer service | Responsive | Responsive (24/7) | Responsive | Responsive |
Rating (Trustpilot) | 4.1/5.0 | 4.4/5.0 | 4.8/5.0 | 4.3/5.0 |
SurgeTrader’s shutdown is as a result of utilizing a third party trading software.
Thus, when choosing your next prop firm, pay attention to their trading platform.
A firm with an in-house trading platform is the best option here. It is independent, safe and secure.