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.

Read this next

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

Education, Inside View

Charting the Course: Expert Analysis on GBP/USD Signal

The GBP/USD is one of the highly regarded currency pairs in the world of Forex trading, known for being liquid, volatile, and having narrow spreads. Traders Union’s analysis combines the latest economic data, market news, and technical indicators, giving all the insights needed to make informed decisions about trading pounds and dollars.

Institutional FX

Iress’ QuantHouse adds BMLL’s historical order book data

“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

<