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 a registered prop firm company 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.

Alpha Trader Review topratedfxbrokers

Coupon Codes for Alpha Trader Prop Firm

There are no available coupons at this time. 

Alpha Trader: Company Details

  • Legal Name: The Alpha Trader Firm
  • Alpha TraderProp Firm’s Address: Kingstown, ST Vincent And The Grenadines.
  • Date of Establishment: 2022
  • Where is Alpha TraderProp Firm Registered: ST Vincent And The Grenadines
  • Who Leads Alpha Trader Prop Firm: The owner of Alpha Trader is Alex Santi

Alpha Trader Prop Firm’s Trading Platform Choices

Alpha Trader only offers the Tradelocker platform. 

The Instruments You Can Trade with Alpha Trader Prop Firm

Alpha Trader offers trading with:

  • Crypto
  • Energies
  • Forex
  • Indices
  • Metals

How to Pay at Alpha Trader Prop Firm

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

Alpha Trader Prop Firm’s Array of Account Sizes

Alpha Trader offers 5 account sizes:

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

The Profit Sharing System at Alpha Trader Prop Firm

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

Profit Targets at Alpha Trader Prop Firm

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

Loss Rules and Daily Drawdown

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

Maximum/Minimum Trading Days at Alpha Trader

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

Alpha Trader Prop Firm Challenge Fee Breakdown

There is only one type of challenge available and it’s a 2-step challenge. Check out the related fees below. 

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

Alpha Trader Prop Firm’s Fee and Commission Details

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

Alpha Trader Prop Firm and Their Refund Policy

You get a 100% refundable fee. This fee is sent from your funded account during the first payout. 

Does Alpha Trader Prop Firm Offer Free Trials?

There are no free trials at Alpha Trader. 

Trader Payout Schedule at Alpha Trader

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

Trustpilot Assessment of Alpha Trader Prop Firm: Pros & Cons

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. 

Pros
  • The purchasing process is easy
  • Regulated prop firm
  • Drawdown limits are good
  • Payouts are done weekly
Cons
  • Customer support takes a long time to reply

Alpha Trader Prop Firm Website FAQ

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
4.0
Licensing & Safety
4.0
Markets
4.0
Bonuses & Promotions
4.0
Customer Support
4.0 Overall Rating

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Alpha Trader Review
4.0/5