surgetrader.com Reviews
is surgetrader.com legitimate or a scam?How much trust do people have in surgetrader.com?
Why is the trust score of surgetrader.com very low?
High Audition Fees: The fees for the auditions are quite high, ranging from $250 to $6,500. Legitimate prop trading firms typically have much lower or no fees for their evaluation programs.
Unrealistic Profit Share: Offering up to 90% profit share is highly unusual in the prop trading industry. Most reputable firms offer profit splits in the range of 50-70%. The promise of such high profit shares could be a tactic to lure in traders.
Lack of Regulation: The website does not mention any regulatory oversight or compliance with financial authorities. This is a major concern, as regulated firms are required to adhere to strict standards and provide investor protection.
Migration Issues: The message about migration in progress for both US and international traders is vague and could be a tactic to buy time or divert attention from potential issues.
Inconsistent Testimonials: While there are positive testimonials on the website, it's important to note that these can be easily fabricated. Legitimate reviews are typically found on independent platforms like Trustpilot or Forex Peace Army.
Complex Fee Structure: The add-on purchases for increasing profit share and leverage, along with different audition fees for varying account sizes, create a complex and non-transparent fee structure.
Lack of Detailed Information: The website lacks detailed information about the company's history, team, and specific trading strategies. Legitimate prop trading firms are usually transparent about these aspects.
Overall, the combination of high fees, unrealistic profit share promises, lack of regulation, and vague information raises significant concerns about the legitimacy of SurgeTrader. It's advisable for traders to exercise extreme caution and thoroughly research any prop trading firm before getting involved, especially when significant financial commitments are involved."
the reasons behind this review :
High Audition Fees, Unrealistic Profit Share, Lack of Regulation, Migration Issues, Inconsistent Testimonials, Complex Fee Structure, Lack of Detailed Information
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Archive Age is quite old Whois data is accessible Domain ranks within the top 1M on the Tranco list | Low review rate by AI Domain is new |
Domain age :
4 years and 11 months and 26 days
WHOIS Data Status :
Accessible
Website :
surgetrader.com
Title :
SurgeTrader | Best Virtual Trading Prop Firm | Virtual Funded Trading Accounts
Description :
SurgeTrader is #1 in Prop Trader Virtual Funding. Have day trading skills? We can supercharge your earning power with a virtual funded prop trading account. Audition today!
Website Rank :
319478
Age of Archive :
5 year(s) 10 month(s) 18 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Google Trust Services LLC
WHOIS registration date :
2019/04/04
WHOIS last update date :
2024/03/24
WHOIS Renewal Date :
2024/04/04
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=surgetrader.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=surgetrader.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=surgetrader.com
IP : 104.22.17.98
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 104.22.16.98
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 172.67.42.135
ISP : AS13335 Cloudflare, Inc.
Country : US
Name :
GoDaddy.com, LLC
IANA ID :
146
Registrar Website :
https://www.godaddy.com
Phone :
+1.4806242505
Email :
abuse@godaddy.com
Target : mitchell.ns.cloudflare.com
IP : 172.64.35.231
ISP : AS13335 Cloudflare, Inc.
Country : US
Target : jamie.ns.cloudflare.com
IP : 108.162.192.168
ISP : AS13335 Cloudflare, Inc.
Country : US
This website was last scanned on August 23, 2024
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