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Shut down · 24 May 2024

Is Surge Trader still open?

No — Surge Trader said that as of 24 May 2024 it "has closed and ceased all operations".

Last checked 11 Oct 2026.

What happened

The firm said that as of 24 May 2024 it 'has closed and ceased all operations', after failing to resolve the termination of its trading platform with Match Trade Technologies. Its domain is now parked.

Sources

We use the firm's own statements (directly, or quoted in trade press), official records and our own dated website checks. We do not use forums, Reddit or review sites.

What to do if you had an account

This is general information, not legal or financial advice.

Active alternatives

We do not hold verified market data for Surge Trader, so these are the highest-scoring active firms in each of the two main market groups.

How we rank: Transparency Index score, highest first, from our verified firm data. These link to our reviews, not to the firms, and affiliate status never changes the order.

Forex and CFD firms

  1. Traderscale Transparency Index 75/100 · rating 3.7/5
  2. City Traders Imperium Transparency Index 72/100 · rating 3.6/5
  3. IC Funded Transparency Index 71/100 · rating 3.5/5
  4. The Trading Pit Transparency Index 71/100 · rating 3.5/5
  5. FTMO Transparency Index 70/100 · rating 3.5/5

Futures firms

  1. MILTRADERS Transparency Index 72/100 · rating 3.6/5
  2. PropEd Capital Transparency Index 71/100 · rating 3.5/5
  3. The Trading Pit Transparency Index 71/100 · rating 3.5/5
  4. FTMO Transparency Index 70/100 · rating 3.5/5
  5. Upcomers Transparency Index 70/100 · rating 3.5/5

See the full Transparency Index →

Questions

Is Surge Trader still open?

No — Surge Trader said that as of 24 May 2024 it "has closed and ceased all operations". Last checked 11 Oct 2026.

What happened to Surge Trader?

The firm said that as of 24 May 2024 it 'has closed and ceased all operations', after failing to resolve the termination of its trading platform with Match Trade Technologies. Its domain is now parked.

What should I do if I had an account with Surge Trader?

Use only the firm's official channels (its own website, support email or verified social accounts) for any notice about refunds or payouts. Be wary of anyone who contacts you offering to "recover" money for a fee. Keep records: receipts, your account or login ID, emails from the firm, and screenshots of your dashboard and of any closure notice. If you paid by card or through a payment provider, your card issuer or provider may have a dispute process. These often have time limits, so ask them early. This is general information, not legal or financial advice.