Complete Alpha Trader Firm Prop Firm Guide

Alpha Trader Firm offers One-Step, Two-Step, Two-Step Pro, and Instant Funding with 100% profit split on standard payouts. Accounts from $10K to $200K with unlimited evaluation duration.

Alpha Trader Firm (alphafunded.com) is a prop firm offering forex, indices, commodities, and crypto trading through simulated accounts ranging from $10,000 to $200,000¹. The firm provides One-Step, Two-Step, Two-Step Pro, and Instant Funding evaluations with a 100% profit split on standard 30-day payouts¹¹. TradersPost connects to Alpha Trader through Tradovate.

With unlimited evaluation duration across all challenge types¹ ², a Trader Score system instead of traditional consistency rules⁵, and scaling potential up to $4 million¹⁰, Alpha Trader offers flexible evaluation paths for traders at multiple experience levels.

Company Overview

Alpha Trader Firm operates through alphafunded.com. All trading activity is conducted in a simulated environment using virtual balances¹. The firm operates primarily as a forex/CFD prop firm with platforms including TradeLocker, Platform 5 (MT5), and MatchTrader¹. TradersPost connects through Tradovate for futures-related automation.

The firm holds a 4.6 out of 5 rating on Trustpilot based on 131 reviews on its alphafunded.com listing¹⁵.

Evaluation Programs

Alpha Trader Firm offers four evaluation types with unlimited duration on all challenge phases¹ ² ³.

One-Step Challenge

A single-phase evaluation¹:

Profit Target: 8%¹
Daily Loss Limit: 3%¹
Max Drawdown: 6%¹
Floating PnL Limit: 3%¹
Minimum Trading Days: 5 profitable days with at least 0.50% return each¹
Duration: Unlimited¹

Account sizes and pricing¹: $10K ($119), $25K ($299), $50K ($399), $100K ($599), $200K ($999). Challenge fees are refundable after passing and first payout¹².

Two-Step Challenge

A two-phase evaluation with the most generous drawdown limits²:

Phase 1: 10% profit target, 5% daily loss, 10% max drawdown, 3% floating PnL²
Phase 2: 5% profit target, 5% daily loss, 10% max drawdown, 3% floating PnL²
Minimum Trading Days: 3 days per phase²
Duration: Unlimited for both phases²

Account sizes and pricing²: $10K ($79), $25K ($249), $50K ($349), $100K ($549), $200K ($899). Only Stage 1 requires payment -- Stage 2 is free². Challenge fees are refundable after passing and first payout¹².

Two-Step Pro Challenge

A tighter two-phase evaluation for experienced traders³:

Phase 1: 8% profit target, 3% daily loss, 5% max drawdown³
Phase 2: 4% profit target, 3% daily loss, 5% max drawdown³
Floating PnL Limit: 3% on funded accounts³
Minimum Trading Days: None during evaluation; 5 days required when funded³
Duration: Unlimited³

Account sizes and pricing³: $10K ($59), $25K ($179), $50K ($299), $100K ($499), $200K ($799). Only Phase 1 requires payment -- Phase 2 is free³. Challenge fees are refundable after passing and first payout¹².

Instant Funding

Skip the evaluation entirely and begin trading funded immediately⁴:

Profit Target: None⁴
Daily Loss Limit: 3%⁴
Max Drawdown: 5% (trailing)⁴
Floating PnL Limit: 1% open loss maximum⁴
Minimum Trading Days: 10 profitable days with at least 0.50% gain per day⁴

Account sizes and pricing⁴: $10K ($99), $25K ($199), $50K ($299), $100K ($499), $150K ($699). Instant Funding fees are non-refundable¹².

Profit Split and Payouts

Profit Split

All programs offer the same split tiers¹¹:

Standard (30-day cycle): 100% profit split (80% on first payout)¹¹
Weekly Add-On (7-day cycle): 80% profit split¹¹
Bi-Weekly Add-On (14-day cycle): 80% profit split¹¹
On-Demand Add-On: 70% profit split¹¹

Payout Processing

Standard Processing: 2-5 business days¹¹
Weekly/On-Demand Processing: 1-2 business days¹¹
Payment Methods: Rise (ACH, wire transfer, crypto)¹⁴
Approval Timeline: Up to 5 days for payout approval; trading is disabled during the payout period¹⁴

Fee Refundability

One-Step, Two-Step, and Two-Step Pro challenge fees are refundable after the first successful payout¹². Instant Funding fees are non-refundable¹². Add-ons and supplementary services are also non-refundable¹².

Trader Score

Alpha Trader uses a Trader Score instead of a traditional consistency rule⁵. The formula: (Highest Single-Day Profit / Total Realized Profit) x 100⁵. To be eligible for withdrawals⁵:

One-Step, Two-Step, and Two-Step Pro: Trader Score must be 40% or lower⁵
Instant Funding: Trader Score must be 20% or lower⁵

The score resets to 100% after each payout is approved⁵. If your score exceeds the threshold, continue trading to distribute profits across additional days⁵.

Trading Rules

Breach Type: Hard breach -- immediate account termination on any rule violation¹⁶
News Trading: Fully permitted during challenge phases⁸. On funded accounts without the News Add-On, prohibited within 5 minutes of high-impact events⁸. Add-on must be selected at checkout⁸.
Weekend Trading: Enabled for all accounts purchased after January 1, 2026; no add-on required⁹
EAs/Bots: Prohibited at all stages -- challenge and funded⁷
Copy Trading: Prohibited at all stages⁷
Prohibited Strategies: Grid trading, tick scalping, martingale, hedging (between and within accounts), HFT, latency arbitrage, signal trading, data feed manipulation, news exploitation⁶
Inactivity: Accounts closed after 30 days without trading¹³

Scaling Plan

Funded accounts can scale up to a maximum balance of $4,000,000¹⁰. Each scaling event increases the account by 50% of the original account size¹⁰. Scaling is reviewed every 60 calendar days and requires good standing with no breaches and consistent payouts¹⁰.

Leverage

Forex: 25x¹⁷
Indices and Metals: 10x¹⁷
Energies: 10x¹⁷
Crypto: 1x (no amplification)¹⁷

Supported Platforms

TradeLocker: Web-based trading platform¹
Platform 5 (MT5): Desktop/mobile platform¹
MatchTrader: Additional platform option¹
Tradovate: Available for TradersPost integration (futures)

Automation and TradersPost

TradersPost connects to Alpha Trader Firm through Tradovate. The integration supports strategy alerts from TradingView and TrendSpider.

However, Alpha Trader's FAQ states that Expert Advisors (EAs), trading bots, scripts, and all forms of automated execution are prohibited at every stage -- both challenge and funded⁷. Copy trading is also prohibited at all stages⁷. Verify the current automation policy directly with Alpha Trader before using any automated trading tools on your account.

Comparison to Other Prop Firms

Drawdown: The Two-Step Challenge offers a generous 10% max drawdown². One-Step at 6%¹ and Instant at 5% trailing⁴ are more restrictive but still competitive.

Profit Split: 100% on standard 30-day payouts¹¹ is among the highest in the industry. The add-on system (80% for weekly/bi-weekly, 70% for on-demand) provides flexibility at the cost of split percentage¹¹.

Evaluation Duration: Unlimited time on all challenge types¹ ² removes time pressure entirely -- a significant advantage over firms with 30-60 day limits.

Pricing: Two-Step Pro starting at $59 for a $10K account³ and Two-Step at $79² are competitively priced. All challenge fees (except Instant) are refundable after first payout¹².

Pros and Cons

Advantages

Unlimited evaluation duration on all challenge types¹ ²
100% profit split on standard 30-day payout cycle¹¹
Two-Step Challenge offers generous 10% max drawdown²
Challenge fees refundable after first successful payout (except Instant)¹²
Instant Funding option with no evaluation required⁴
Trader Score instead of strict consistency rule⁵
Scaling potential up to $4 million¹⁰
Multiple platform options (TradeLocker, MT5, MatchTrader)¹
Weekend trading now enabled for new accounts (post January 2026)⁹
News trading fully permitted during challenge phases⁸
TradersPost compatible via Tradovate

Disadvantages

EAs, bots, and all automated execution prohibited at every stage⁷
Copy trading never allowed in any phase⁷
News Add-On must be selected at checkout and cannot be added later⁸
Faster payout add-ons reduce profit split (80% weekly/bi-weekly, 70% on-demand)¹¹
First standard payout at 80% split instead of 100%¹¹
Instant Funding fees are non-refundable¹²
Hard breach policy -- immediate account termination on rule violation¹⁶
30-day inactivity closure policy¹³
Trader Score resets to 100% after each payout⁵

Conclusion

Alpha Trader Firm provides flexible evaluation options with unlimited duration and a 100% profit split on standard 30-day payouts¹¹. The Two-Step Challenge's 10% max drawdown² is particularly generous, and the refundable challenge fee policy¹² reduces the financial risk of failed attempts.

For TradersPost users, the Tradovate connection exists but Alpha Trader's FAQ prohibits all automated execution at every stage⁷. Traders planning to automate should verify the current policy directly with Alpha Trader before committing.

The Trader Score system⁵ offers more flexibility than traditional consistency rules, and the add-on system lets traders customize their payout frequency at the cost of profit split percentage¹¹. Scaling up to $4 million¹⁰ provides long-term growth potential.

Verify current evaluation options, pricing, and policies on the Alpha Trader Firm website before purchasing.

Ready to automate your trading? Try a free 7-day account:

Try it for free ->

DISCLAIMER:
Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.

Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.

Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.