Frequently Asked Questions

Everything you need to know about trading with Surge Options.

Getting Started

What is Surge Options?

Surge Options is a prop trading firm that provides traders with funded accounts to trade options. Pass our evaluation and get funded with unlimited accounts while keeping 80% of your profits.

What's the difference between the two plans?

The $50K Evaluation ($99/mo) requires you to pass an evaluation before getting funded. Once you pass, you upgrade to a funded account ($99/mo) and your eval subscription cancels. The $50K Instant Funded ($499/mo) skips the evaluation — you're funded immediately and go live once you hit the $2,000 profit target.

How do I get started?

Choose a plan on our pricing page, complete the checkout, and you'll receive access to your trading dashboard. From there, you can start trading options on our TickSage platform immediately.

Do I need prior trading experience?

While we don't require specific experience levels, options trading is complex and involves significant risk. We recommend traders understand options strategies, risk management, and market dynamics before trading with us.

Account Rules

What is real-time trailing drawdown?

Real-time trailing drawdown means your drawdown limit is monitored continuously during trading hours, based on your highest account balance. If your account balance drops $2,000 below your peak at any time during trading, you will breach immediately — not just at end of day.

What is the 30% consistency rule?

No single trading day can account for more than 30% of your total profits. This ensures consistent trading performance rather than relying on lucky one-day wins. This is checked at time of payout request.

What are the winning days requirements?

To request a payout, you need 7 winning days with at least $250 profit each. Days don't need to be consecutive. Days with less than $250 profit don't count toward the 7 required days.

What happens if I breach the drawdown?

If your account balance falls $2,000 below your highest balance at any time during trading hours, your account is breached and closed immediately. Any pending Capital Reserve is forfeited. You can purchase a new account to start again.

Trading

What options strategies can I trade?

You have Level 4 options access: covered calls, cash-secured puts, vertical spreads (credit & debit), iron condors, butterflies, calendar spreads, straddles, and strangles. Naked calls and puts are NOT allowed.

What trading platform do you use?

All trading is conducted on TickSage, our professional options trading platform with real-time NASDAQ and OPRA data, advanced charting, and fast execution.

Can I hold positions overnight?

Yes, you can hold positions overnight. Just remember that your drawdown is calculated in real-time during trading hours, so your account balance is continuously monitored against the $2,000 trailing drawdown limit.

What is the expiring positions rule?

All same-day expiring positions (including 0DTE options) MUST be closed before 4:00 PM Eastern Time, regardless of value. Holding expiring positions past 4:00 PM ET results in immediate account breach. This rule is automatically enforced at 5:00 PM ET daily.

Are there any restricted symbols?

You can trade options on any optionable symbol available on our platform. We don't restrict specific symbols, but we recommend liquid, well-known underlyings for better execution.

Payouts & Profits

How do payouts work?

Once you meet payout requirements (7 winning days, 30% consistency, account in good standing), you can request a payout. For funded evaluation accounts, 50% goes to cash and 50% to your Capital Reserve.

What is the profit split?

You keep 80% of your trading profits. We retain 20% as the firm's share. This applies to both funded and live accounts.

What is the Capital Reserve?

For evaluation path traders, 50% of each payout accumulates in your Capital Reserve. When you meet Go Live requirements, this reserve becomes your live trading capital (up to $1,500).

How are payouts processed?

Payouts are processed via ACH (US), wire transfer, or international wire. Processing typically takes 3-5 business days after approval.

Go Live

How do I go live?

For Evaluation Path: Pass evaluation, upgrade to funded, build your Capital Reserve through payouts, then go live with up to $1,500. For Instant Funded: hit your $2,000 profit target and meet payout requirements to go live immediately.

What happens when I go live?

You receive a live trading account funded with your Capital Reserve. You trade with real capital and keep 80% of profits. Your subscription ends once you go live.

Can I cancel my subscription?

Yes, you can cancel anytime by contacting support. For evaluation accounts, passing and upgrading to funded will automatically cancel your eval subscription.

Where is live trading executed?

Live trading is executed on our company's TastyTrade brokerage account, which is a FINRA-registered broker-dealer. You trade under our umbrella with full regulatory compliance.

Still Have Questions?

Check out our detailed trading rules or get started with a plan today.