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Trading Rules

Clear, simple rules designed to help you succeed

Drawdown Rules

  • 4% End of Day (EOD) trailing drawdown applies to all accounts
  • Drawdown trails up as your account grows (your floor rises with gains)
  • Starting at $50,000, your floor is $48,000. If you grow to $51,000, your floor rises to $49,000
  • Once your account reaches $52,000, the drawdown locks and your floor stays at $50,000 permanently
  • If your account value drops below your drawdown floor, the account will be marked as failed

Trading Hours & Position Rules

  • All positions must be closed by 4:00 PM ET each trading day
  • Swing trading is allowed
  • Overnight holding is allowed
  • No news trading restrictions

Profit Targets

  • Evaluation Plan: $2,500 profit target to pass evaluation
  • $50K Instant Funded Plan: $2,000 profit target to go live
  • Minimum $150 profit required per winning day

Passing the Evaluation

To pass your evaluation and become eligible for a funded account, you must meet ALL of the following criteria:

  • 1.Reach or exceed the profit target ($2,500 for Evaluation accounts)
  • 2.Close all open positions - you cannot pass with open trades
  • 3.Not have broken any trading rules - including staying above the drawdown limit and closing positions by 4:00 PM ET

Once all conditions are met, your account will automatically be marked as passed.

Winning Days Requirements

  • 7 winning days ($150+ each) required for payout eligibility
  • 15 winning days ($150+ each) required to go live (Evaluation plan)
  • A winning day is defined as a day with net profit of $150 or more

Payout Rules

  • Evaluation accounts: Payouts eligible every 7 days after meeting requirements
  • Live accounts: Daily payouts available
  • Profit share: 90% to trader, 10% to firm
  • Funded Evaluation accounts: Payouts limited to 50% of account balance, up to $2,000 per payout
  • Live accounts: Unlimited payouts (cannot withdraw below starting balance)
  • Go Live Option: SurgeOptions reserves the right to push traders to a live account with their payout instead of processing a cash payout
  • Account Limits: When using the Go Live Option, SurgeOptions reserves the right to close existing funded accounts or limit the number of funded accounts a trader may hold at any time

General Rules

  • No time limits on evaluation periods
  • No minimum trading days required
  • Options trading allowed on all accounts
  • No hidden fees or charges
  • Cancel subscription anytime, no contracts

Questions about trading rules? Contact us at support@surgeoptions.com