Alpha Trader Review
4.0/5

Alpha Trader Review

✅ Accounts: $25k - $300K
✅ Profit Split: 80% - 90%
✅ Profit Targets: 10%, 5%

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Alpha Trader is registered in Kingstown, ST Vincent And The Grenadines in 2022. The owner of Alpha Trader is Alex Santi. Alpha Trader offers the opportunity to trade with up to $300k.

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Alpha Trader Prop Firm: Exclusive Coupon Information

There are no available coupons at this time. 

Getting to Know Alpha Trader Prop Firm

  • Alpha Trader’s Corporate Name: The Alpha Trader Firm
  • Company Street Address: Kingstown, ST Vincent And The Grenadines.
  • Starting Year for Alpha Trader Prop Firm: 2022
  • Business Location Registry for Alpha Trader: ST Vincent And The Grenadines.
  • Alpha Trader Prop Firm’s Ownership Explained: The owner of Alpha Trader is Alex Santi

What Trading Platforms Does Alpha Trader Offer?

Tradelocker. TradeLocker is a new trading platform that provides traders with a user-friendly interface and functionalities to support their trading activities.

Trading Instruments at Alpha Trader Prop Firm

Alpha Trader offers the following trading instruments:

  • Crypto
  • Energies
  • Forex
  • Indices
  • Metals

Payment Methods at Alpha Trader Prop Firm

  • Bank cards: Mastercard and Visa
  • Cryptocurrencies: Bitcoin, Ethereum, Litecoin,Dogecoin, Tether, and USD Coin.

Exploring Account Size Options at Alpha Trader

Alpha Trader offers 5 account sizes:

  • $25k
  • $50k
  • $100k
  • $200k
  • $300k

How Alpha Trader Prop Firm Shares Profits

You can get up to 90% profit split at Alpha Trader. The first month, the profit split is 80%, every next one is 90%.

Setting the Bar: Profit Targets at Alpha Trader

10% is the profit target in the first stage and 5% at the Second stage.

Drawdown Rules and Loss Limits at Alpha Trader Prop Firm

The maximum overall loss at Alpha Trader is 11% for all stages. The maximum daily loss is 6% for both stages.

Number of Trading Days Allowed

You need to trade at least one day. When it comes to the maximum number of trading days, these are also unlimited.

Cost of Entry for Alpha Trader Prop Firm’s Challenge

There is only one type of challenge available and it’s a 2-step challenge. 

Account SizeCost
$25,000$250
$50,000$300
$100,000$500
$200,000$900
$300,000$1499

Fees and Commissions: What to Expect at Alpha Trader

Alpha Trader doesn’t mention fees and commissions on their website.

Information on Refunds at Alpha Trader Prop Firm

Refunds at Alpha Trader are extremely high compared to other prop firms. You get a 100% refundable fee. This fee is sent from your funded account during the first payout. 

Free Trials

There are no free trials at Alpha Trader. 

Payout Timeline at Alpha Trader Prop Firm

You can request a payout a month after you pass the challenge. Every next payout is weekly. 

Weighing the Pros and Cons of Alpha Trader Prop Firm (According to Trustpilot reviews)

Alpha trader has different reviews and sentiment ranging from people praising the company to those who complain about being kicked out of Discord for asking questions, news trading issues and similar. Overall score is still pretty high around 4.⅗ from 66 reviews. 

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Alpha Trader FAQ Section

What Happens if I Breach the Rules?

If you break the rules, you need to start over. You can buy an unlimited number of challenges.

Who Can Join Alphatrader?

Everyone can join Alphatrader. You just need to prove your skills during the evaluation phase.

What Happens if I Pass Phase 2?

After you pass the second phase, your account will be reviewed. After that, you need to verify your identity to trade.

What is a Funded Challenge?

A funded challenge is a way for traders to prove their trading skills. You need to pass a set of challenge requirements, and you’ll get a funded account up to $300k of capital.

Starting Fees: $250 - $1499
Challenge Types: 2-step
Payout: Weekly
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Alpha Trader Review
4.0/5