# SURFTRADE LLC X-17A-5 (2022-03-31) — Broker-dealer annual report - Company: SURFTRADE LLC - Form: X-17A-5 - Filed: 2022-03-31 - Period: 2021-12-31 - Accession: 0001721271-22-000001 - CIK: 1721271 - File #: 8-70041 - Type: Broker-dealer - Material weakness: No - Auditor: AJSH & Co. LLC - Auditor location: New Delhi, K7 - Contact: Michael Blosser - Phone: 310-213-8030 - Email: michael@surftrade.com - Website: surftrade.com - Signed by: Michael Blosser (Chief Executive Officer) Original filing: https://www.sec.gov/Archives/edgar/data/1721271/000172127122000001/2021auditreportsurftrade-.pdf --- {0}------------------------------------------------ #### OMB APPROVAL **UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549** OMB Number: 3235-0123 Expires: Oct. 31, 2023 Estimated average burden hours per response: 12 # **ANNUAL REPORTS FORM X-17A-5 PART III** SEC FILE NUMBER 8-70041 **FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934** 01/01/2021 12/31/2021 FILING FOR THE PERIOD BEGINNING AND ENDING MM/DD/YY MM/DD/YY **A. REGISTRANT IDENTIFICATION** NAME OF FIRM: SurfTrade, LLC TYPE OF REGISTRANT (check all applicable boxes): Kl Broker-dealer Security-based swap dealer Major security-based swap participant Check here if respondent is also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | 5704
Lunada
Lane | | | |----------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------| | | (No. and Street) | | | Long
Beach | CA | 90814 | | (City) | (State) | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | Michael
Blosser | 310-213-8080 | michael@surftrade.com | | (Name) | (Area Code -Telephone
Number) | (Email Address) | | | B.
ACCOUNTANT IDENTIFICATION | | | INDEPENDENT PUBLIC ACCOUNTANT whose
AJSH
Co.
LLP
& | reports
are
contained
(Name -if
individual,
state last,first, | filing*
in
this
and middle name) | | Wazirpur
A94/8,
Industrial | Ring
Area,
Main
Road,
New | Delhi-110052,
INDIA | | (Address)
02/10/2009 | (City) | (State)
(Zip Code)
3223 | | (Date of Registration with PCAOB)(if applicable) | | (PCAOB Registration Number,if
applicable) | | | FOR OFFICIAL USE ONLY | | | | * Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public
accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. | See 17 | CFR 240.17a-5(e)(l)(ii),if applicable. **Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.** {1}------------------------------------------------ #### **OATH OR AFFIRMATION** Michael Blosser **I.** **, swear (or affirm) that, to the best of my knowledge and belief, the , as of , 2 0 2 1 , js true and correct. I further swear (or affirm) that neither the company nor any financial report pertaining to the firm of** SurfTrade, LLC December 31 J **partner,officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer.** ![](_page_1_Picture_4.jpeg) **Signature:** **-** *i* Chief Executive Officer **Notary Public** # **This filing\*\* contains (check all applicable boxes):** - **ffi (a) Statement of financial condition.** - **(b) Notes to consolidated statement of financial condition.** - **29 (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).** - **IS (d) Statement of cash flows.** - **E (e) Statement of changes in stockholders' or partners' or sole proprietor's equity.** - **(f) Statement of changes in liabilities subordinated to claims of creditors.** - **53 (g) Notes to consolidated financial statements.** - **S (h) Computation of net capital under 17 CFR 240.15c3-lor 17 CFR 240.18a-l, as applicable.** - **(i) Computation of tangible net worth under 17 CFR 240.18a-2.** - **(j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.** - **(k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.** - **(I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.** - **E (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.** - **(n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.** - 53 **(o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-l, 17 CFR 240.18a-l, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, If material differences exist, or a statement that no material differences exist.** - **(p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.** - **E (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.** - **(r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.** - **E (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.** - **(t) Independent public accountant's report based on an examination of the statement of financial condition.** - **(u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.** - **(v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.** H - **(w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7# as applicable.** - **(x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, as applicable.** - **O (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).** - **(z) Other:** - *\*\*To request confidential treatment of certain portions of this filing***,** *see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.* {2}------------------------------------------------ # **JURAT** A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Los Angeles Subscribed and sworn to (or affirmed) before me on this 23 day of February 20\_22 by Michael Blosser proved to me on the basis of satisfactory evidence to be the person^ who appeared before me. ] " *ft* ~~ \* **Signature** 12 **(Seal)** # **OPTIONAL INFORMATION INSTRUCTIONS** 1 Notary Public - California | TATRICIA MCCANN l Los Angeles County z Commission *S* 2298908 My Comn. Expires Aug 23. 2023 *l* **DESCRIPTION OF THE ATTACHED DOCUMENT** U.S. Securities and Exchange Commission (Title or description of attached document) Washington D C. 20549 (Title or description of attached document continued) Number of Pages 2 Document Date 02/23/2022 Annual Reports Form X-17A-5 Part III Additional information *The wording of all Jurats completed in California after January 1,* 2015 *must be in the form as set forth within this Jurat. There are no* exceptions. *If a Jurat* to be *completed does not follow this form, the notary must correct the verbiage by using a jurat stamp containing the correct wording or attaching a separate jurat form such as this one with does contain the proper wording. In addition, the notary must require an oath or affirmation from the document signer regarding the truthfulness of the contents of the document. The document must be signed AFTER the oath or affirmation. If the document was previously signed, it must be re-signed in front of the notary public during the jurat process.* - • State and county information must be the state and county where the document signer(s) personally appeared before the notary public. - • Date of notarization must be the date the signer(s) personally appeared which must also be the same date the jurat process is completed. - • Print the name(s) of the document signer(s) who personally appear at the time of notarization. - • Signature of the notary public must match the signature on file with the office of the county clerk. - • The notary seal impression must be clear and photographically reproducible. Impression must not cover text or lines. If seal impression smudges, re-seal if a sufficient area permits, otherwise complete a different jurat form. - Additional information Is not required but could help to ensure this jurat is not misused or attached to a different document. - Indicate title or type of attached document, number of pages and date. 2015 Version www.NotaryClasses.com 800-873-9865 •Securely attach this document to the signed document with a staple. {3}------------------------------------------------ **SURFTRADE, LLC** #### **FINANCIAL STATEMENTS** **DECEMBER 31, 2021** {4}------------------------------------------------ # C O N T E N T S | Report of
Independent
Registered Public
Accounting
Firm | 1-2 | |---------------------------------------------------------------------|-------------| | Statement
of
Financial Condition | 3 | | of
Statement
Operations | 4 | | Member's
of
Statement
Changes in
Equity | 5 | | of
Statement
Cash Flows | 6 | | Notes to
Financial Statements | -
7
9 | | I
Schedule | 10 | | Report of
Independent
Registered Public
Accounting
Firm | 11 | | Exemption
Report | 12 | Page {5}------------------------------------------------ ![](_page_5_Picture_0.jpeg) **A-94/8,Wazirpur Industrial Area, Main Ring Road, Delhi-110052 +91 11 45596689 Web : www.ajsh.in E-mail : info@ajsh.in** #### **Report of the Independent Registered Public Accounting Firm** To the Members of **Surftrade, LLC** #### **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Surftrade, LLC (the "Company") as of December 31, 2021 and the related statements of income, changes in member's equity and cash flows for the year then ended, and the related notes (collectively referred to as the "financial statements").In our opinion,the financial statements present fairly,in all material respects,the financial position of the Company as of December 31, 2021, and the results of its operations and its cash flows for the year then ended,in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provide a reasonable basis for our opinion. #### **Supplementary Information** The supplementary information contained in Schedule I - Computation of Net Capital pursuant to Uniform Net Capital Rule 15c3-lof Securities and Exchange Commission has been subjected to audit procedures performed in conjunction with the audit of Company's financial statements. The supplemental information is the responsibility of the Company's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. ![](_page_5_Picture_11.jpeg) {6}------------------------------------------------ In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 CFR § 240.17a-5. In our opinion,the supplemental information is fairly stated,in all material respects,in relation to the financial statements as a whole. AJSH & Co LLP We have served as the Company's Auditor since 2020. New Delhi,India March 30, 2022 {7}------------------------------------------------ | CURRENT ASSETS
Cash
Prepaid expenses | \$
76,328
991 | |--------------------------------------------|---------------------| | TOTAL ASSETS | \$
77,319 | | LIABILITIES
AISD MEMBER S EQUITY | | | Accounts payable | \$
4,516 | | TOTAL LIABILITIES | \$
4,516 | | MEMBER'S EQUITY | 72,803 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | \$
77,319 | {8}------------------------------------------------ | REVENUES | | |--------------------------------------|----------------| | Interest
income | \$
10 | | TOTAL REVENUES | 10 | | EXPENSES | | | Communications | 16 | | Legal and
professional | 25,451 | | Reglatory
fees
and
expenses | 1,012 | | /
Office
Other expenses | 3,877 | | TOTAL EXPENSES | 30,356 | | | | | NET LOSS | \$
(30,346) | {9}------------------------------------------------ | Balance,
December 31,
2020 | \$
103,149 | |----------------------------------|---------------| | Net loss | (30,346) | | Balance,
December 31,
2021 | \$
72,803 | {10}------------------------------------------------ | CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
to
reconcile net
loss to
net
Adjustments
cash
operations:
provided
by | \$
(30,
346) | |---------------------------------------------------------------------------------------------------------------------------------------------------|--------------------| | Prepaid Regulatory fees | 713 | | Accounts payable and
accrued
liabilities | 482 | | Advance by Shareholder | 1,225 | | Net cash provided
by Operating
Activities | (27,926) | | INVESTING ACTIVITIES | | | Office
Equipment | | | A/D
Office
Equipment | | | Net Cash provided
by investing
Activities | | | the
period
Net Cash decrease for | (27,926) | | Cash at
period
beginning of | 104,254 | | Cash at
of
end
year | \$
76,328 | ### **Supplemental Disclosures of Cash How Information:** There was no cash paid during the year for interest or income taxes. {11}------------------------------------------------ # **SURFTRADE, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2021** #### NOTEA **Nature of Business and Summary of Significant Accounting Policies** Nature of Business - SurfTrade, LLC (Company), a Nevada limited liability company, was formed in December 2016. The Company was approved on March 3, 2020 as a broker/dealer with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) and is a member of the Securities Investor Protection Corporation (SIPC). The Company is solely owned by SurfTrade International Corporation (the "Parent"). The Parent was formed as a Nevada corporation on November 15, 2016. The Company operates pursuant to the paragraph (k)(2)(ii) exemptive provision of Rule 15c3- 3 of the Securities Exchange Act of 1934, and accordingly, is exempt from the remaining provisions of that Rule. The Company does not hold customer funds or securities as an introducing broker or dealer and will clear transactions on behalf of customers on a fully disclosed basis through a clearing broker/dealer. The clearing broker/dealer carries accounts of the customers and maintains and preserves all related books and records as are customarily kept by a clearing broker/dealer. As the Company has not conducted business it does not currently maintain a clearing broker/dealer. The Company is a non-exchange member effecting transactions in listed securities through exchange member. #### Basis of Presentation The Company's financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP"). #### Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. #### Income Taxes The Company is a single member limited liability company and is treated as a disregarded entity for federal income tax purposes. The Company's taxable income or loss is included in the individual tax return of its member;therefore, federal income taxes are not payable by or provide for the Company. #### Cash Cash consists of cash in a bank, held at one financial institution which at times my exceed federally insured limits. The Federal Deposit Insurance Corporation insures accounts up to \$250,000. The Company reduces its exposure to credit risk by depositing its cash with high credit-quality financial institutions. {12}------------------------------------------------ # **SURFTRADE, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2021** #### NOTEA NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) #### Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification ("ASC") Topic 606,Revenue from Contracts with Customers. This revenue recognition guidance requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance requires an entity to follow a five-step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the contract, (c) determine the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity satisfies a performance obligation. Upon commencement of revenue-generating activities, the Company intends to enter into contracts with customers related to their approved business activities. The Company, upon commencement of generating revenue, will recognize such revenue under ASC Topic 606. The Company had no customers in 2021 and accordingly no revenue was recognized during the year ended December 31, 2021. #### Property Plant & Equipment Property, Plant and Equipment is stated at cost and depreciated using the straight-line method over the shorter of the estimated useful life of the asset or the lease term. Assets costing more than \$5,000 with a useful life of one year or more will be capitalized else, charged to the income statement in the year of purchase. #### Note B **Contingencies** There are currently no asserted claims or legal proceedings against the Company, however, the nature of the Company's business subjects it to various claims, regulatory examinations, and other proceedings in the ordinary course of business. The ultimate outcome of any such action against the Company could have an adverse impact on the financial condition, results of operations, or cash flows of the Company. #### NOTE C **Financial Instruments and Concentration of Risk** Financial instruments subject to risk concentration is cash. The Company maintains depository cash with one banking institution. Depository accounts are insured by the Federal Depository Insurance Corporation ("FDIC") to a maximum of \$250,000 per bank, per depositor. {13}------------------------------------------------ # **SURFTRADE, LLC NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2021** #### NOTE D **Net Capital Requirements** The Company, as a registered broker dealer is subject to the Securities and Exchange Commission Uniform Net Capital Rule (Rule 15c3-l), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 8 to 1during the first year following SEC approval. At December 31, 2021,the Company had net capital of \$71,812,which was \$66,812 in excess of its required net capital of \$5,000 and its ratio of aggregate indebtedness to net capital was .06 to 1.0. #### NOTE E **Related Party Transactions** The sole shareholder of the Parent purchases supplies or pays for expenses of the Company from time to time. The sole shareholder of the Parent paid for \$11,184 of expenses on behalf of the Company for the year ended December 31, 2021. The Company reimbursed the sole shareholder of the Parent \$10,259 for the year ended December 31, 2021 for expenses paid by the sole shareholder of the Parent on behalf of the Company. The Company owes the sole shareholder of the Parent \$4,034 at December 31, 2021 for expenses paid by the sole shareholder of the Parent on behalf of the Company and is reflected on the Statement of Financial Condition as Accounts Payable. The entirety of the outstanding payable due to the sole shareholder of the Parent at December 31, 2021 is attributable to expenses paid for by the sole shareholder of the Parent. Financial position and results of operations could differ from the amounts in the financial statements if these transactions did not exist. #### NOTE F **Recent Accounting Pronouncements** During the year ended December 31, 2021 and through March 31, 2022, there were several new accounting pronouncements issued by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe the adoption of any of these accounting pronouncements has had or will have a material impact on the Company's financial statements. #### NOTE G **Subsequent Events** The Company has evaluated subsequent events through March 31, 2022,the date the financial statements were available to be issued. No subsequent events occurred which require adjustment or disclosure to the financial statements at December 31, 2021. #### Note H **Economic Risks** In March 2020,The World Health Organization (WHO) declared COVID-19 a global pandemic. This pandemic event has resulted in significant business disruption and uncertainty in both global and U.S. markets. While the Company believes that it is in an appropriate position to sustain the short-term effects of these world-wide events,the direct and long-term impact to the Company and its financial statements is undetermined at this time. {14}------------------------------------------------ # **SurfTrade, LLC SCHEDULEI SUPPLEMENTAL IMORMATTON PURSUANT TO RULE 17A-5 DECEMBER 31, 2021** | COMPUTATION OF NET CAPITAL
Total
net
member's
equity
qualified
for
capital | \$ | 72,803 | |-------------------------------------------------------------------------------------------------|----|----------------| | Deductions and/or
charges
Nonallowable assets: | | | | Prepaid expenses | | 991
71,812 | | Net capital | \$ | | | AGGREGATE INDEBTEDNESS | | | | Accounts payable | \$ | 4,516 | | COMPUTATION OF BASIC NET CAPITAL REQUIREMENTS | | | | (6
2/3%
Minimum
net
capital
required
of
total
aggregate | | | | indebtedness) | \$ | 301 | | net
capital
requirement
Minimum
dollar | \$ | 5,000 | | (greater | | | | requirement
above two
Net capital
of
minimum
amounts)
requirement | L | 5,000 | | | | | | Excess net
capital | \$ | 66,812 | | | | | | Ratio:
to
net
Aggregate indebtedness
capital | | 1
to
.06 | # **Reconciliation of Computation of Net Capital** The above computation does not differ from the computation of net capital under Rule 15c3-las of December 31, 2021 as filed by SurfTrade, LLC on Form X-17A-5. Accordingly, no reconciliation is deemed necessary. # **Statement Regarding Changes in Liabilities Subordinated to Claims of General Creditors** No statement is required as no subordinated liabilities existed at any time during the year. # **Statement regarding the Exemption from Reserve Requirements** The Company is exempt from the reserve requirements and the related computations for the determination thereof under paragraph (k)(2)(ii) of Rule 15c3-3 under the Securities Exchange Act of 1934 as the Company is an introducing broker or dealer, clears all transactions with and for customers on a fully disclosed basis with a clearing broker or dealer, and who promptly transmits all customer funds and securities to the clearing broker or dealer which carries all of the accounts of such customers and maintains and preserves such books and records pertaining thereto pursuant to the requirements of Rule 17a-3 and Rule 17a-4, as are customarily made and kept by a clearing broker or dealer. See accompanying report of independent registered public accounting firm. {15}------------------------------------------------ ![](_page_15_Picture_0.jpeg) **A-94/8, Wazirpur Industrial Area, Main Ring Road, Delhi-110052 +91 11 45596689 Web : www.ajsh.in E-mail : info@ajsh.in** #### **Report of Independent Registered Public Accounting Firm** To the Members of Surftrade, LLC We have reviewed management's statements,included in the accompanying Surftrade, LLC's Exemption Report, in which (1) Surftrade, LLC identified the following provisions of 17 C.F.R. §15c3-3(k) under which the Company did claim an exemption from 17 C.F.R. §240.15c3-3: (k)(2)(ii) (the "exemption provisions") and (2) the Company stated that they met the identified exemption provisions throughout the most recent fiscal year without exception. The Company's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about the Company's compliance with the exemption provisions. A review is substantially less in scope than an examination,the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated,in all material respects, based on the provisions set forth in paragraph (k)((2)(ii) of Rule 15c3-3 under the Securities Exchange Act of 1934. io **AJSH & Co LLP** New Delhi,India March 30, 2022 ![](_page_15_Picture_10.jpeg) {16}------------------------------------------------ # SurfTrade, LLC **5704 Lunada Lane / Long Beach, CA 90814** 310-213-8080 #### Exemption Report SurfTrade, LLC. (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1 ) and (4). To the best of its knowledge and belief, the Company states the following: (1) The Company claimed an exemption from 17 C.F.R. § 240.15c3-3 under the following provisions of 17 C.F.R. § 240.15c3-3 (k):(2)(ii). (2) The Company met the identified exemption provisions in 17 C.F.R. § 240.15c3-3(k) throughout the most recent fiscal year without exception. #### SurfTrade, LLC I, Michael Blosser,swear (or affirm) that, to my best knowledge and belief, this Exemption Report is true and correct. Michael Blosser, Chief Executive Officer February 1, 2022 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.