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SurgeTrader: Reasons for Closure and Alternatives

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SurgeTrader - Closed?

SurgeTrader, a prominent US-based prop trading firm, has announced its permanent closure. The company, known for providing diverse opportunities for traders, offered six account packages ranging from $25,000 for beginners to $1,000,000 for masters.

Unfortunately, despite its efforts and the avenues it offered for traders to demonstrate their skills and discipline, SurgeTrader has made the difficult decision to permanently cease all operations. This closure marks the end of SurgeTrader's presence in the prop trading industry, affecting both its team members and the traders who engaged with its platform over the years.
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RISK WARNING
Trading in financial markets involves risk. Forex and other financial contracts are complex financial instruments used for margin trading. Trading carries a high level of risk as leverage can work in your favor or against you. As a result, trading is not suitable for all investors due to the high risk of losing the invested capital. You should not risk more than you are willing to lose. Before trading, you must make sure that you understand all the risks and take them into account in conjunction with your level of experience when setting your investment goals.