SurgeTrader adds MT5 to prop trading program in partnership with Eightcap

Rick Steves

SurgeTrader backs their proprietary traders with real money accounts, funding their accounts with buying power of up to $1 million. Qualified traders keep 75% of the profits they earn thereafter. 

SurgeTrader has added MetaTrader 5 (MT5) as an available trading platform, in addition to MetaTrader 4 (MT4), thus empowering its proprietary traders with more choice.

This way, the Florida-based proprietary trading firm is providing its traders with market access to over 500 additional CFD equity and cryptocurrency products.

MetaTrader 5 to make the best out of $1 million

The institutional, multi-asset MetaTrader 5 platform offers a potent arsenal of tools: a flexible trading interface, technical and fundamental analysis tools, access to the MQL5 development community, strategy back-testers, and alerts.

Besides the built-in functionality that provides everything required for full-fledged and flexible trading operations, the MT5 platform includes additional services that deliver tons of new features, where traders can subscribe to signals, run trading robots, and use technical indicators.

SurgeTrader backs their proprietary traders with real money accounts, funding their accounts with buying power of up to $1 million. Qualified traders keep 75% of the profits they earn thereafter.

Once traders have proven they can be profitable by passing an audition, they become a part of the SurgeTrader funded trader community, with access to an account funded with up to $1 million.

FinanceFeeds webinar: Expert panel to discuss market data for multi-asset brokerages  

ASIC-regulated broker Eightcap supports SurgeTrader

The SurgeTrader funded account program was created in collaboration with ASIC-regulated broker Eightcap as the brokerage firm boasts a top tier MetaTrader 5 solution giving traders more options with access to an expanded library of hundreds of new equity and crypto products to trade — in addition to major and minor FX pairs, indices, metals, oil, and commodities.

Garrett Hollander, Chief Marketing Officer at SurgeTrader, said: “We’re in an exciting era where markets are converging and strategies cross asset classes. We’re committed to providing traders with direct market access to as many products, across as many asset classes as possible. Through MT5, we give our traders access to hundreds of more products to trade.”

“Traders come in all shapes and sizes, with preferences on what they want to trade and how they trade. We are actively seeking a broad mix of traders to whom we can distribute our capital and diversify our risk. Offering MetaTrader 5, and the array of new products that come with it aligns with our approach and objectives.”

MetaTrader 4 and MetaTrader 5 are the most widely-used platforms in the trading space. Eightcap will broker the orders made by SurgeTrader’s prop traders. The firm is known for its high quality trading experience, low spreads, and fast execution.

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