Alpha Trader Firm positions itself as a reliable and transparent proprietary trading firm built for serious traders seeking scalable funding, flexible strategies, and fast withdrawals. With a streamlined two-phase evaluation, clear rules, and a strong commitment to trader success, Alpha Trader Firm is quickly becoming a preferred choice among experienced retail traders and professional strategists alike.
Launched with the goal of providing a long-term funding partnership rather than a one-off opportunity, Alpha Trader Firm blends competitive metrics with responsible risk parameters. It offers realistic targets, fair fees, and strong trader support, standing out as a balanced and trustworthy option in the rapidly expanding prop firm market.
Evaluation Process
Alpha Trader Firm follows a Two-Phase Evaluation structure, which mirrors industry standards but includes some trader-friendly adjustments.
Phase 1:
Profit Target: 8%
Max Daily Loss: 5%
Max Overall Drawdown: 10%
Minimum Trading Days: 5
Time Limit: 30 calendar days
Phase 2:
Profit Target: 5%
Same Risk Rules as Phase 1
Minimum Trading Days: 5
Time Limit: 60 calendar days
This structure encourages disciplined performance while offering traders enough time and breathing room to execute their strategies without rushing. The profit targets are achievable for most consistent traders, particularly those with solid systems and sound risk management.
Funded Account Features
Once a trader passes both phases, they are upgraded to a funded account with nearly identical trading conditions.
Funded Account Highlights:
Profit Split: Starts at 80%, can scale to 90%
Payout Frequency: Every 14 days
First Payout Eligibility: After 14 days
Max Drawdown Rules Remain
No Consistency Rules or Daily Targets
Trailing Drawdown Stops on Initial Balance
Traders can request payouts after 14 days of trading, which is faster than many competitors. Alpha Trader Firm also ensures transparency by keeping the drawdown rules consistent before and after funding—there are no surprise restrictions post-evaluation.
Scaling Plan
Alpha Trader Firm supports long-term trader growth with a structured scaling plan, allowing successful traders to increase capital every 30 days of consistent profitability.
Scaling Terms:
Review Period: Every 30 days
Requirement: Profit in at least two of the last three months
Account Scaling: Up to $500,000
No Extra Fees
This creates an incentive to maintain steady results, rather than over-risking to hit short-term profit targets. Alpha’s scaling roadmap is especially appealing to swing traders and system traders looking to build long-term performance records.
Trading Rules and Flexibility
Alpha Trader Firm offers wide strategic freedom while keeping risk controls in place to protect capital.
Allowed Strategies:
Scalping – Yes
Swing Trading – Yes
Hedging – Allowed
EAs/Robots – Permitted
News Trading – Permitted
Copy Trading – Allowed (no reverse copying)
Holding Trades Overnight/Weekend – Allowed
There are no forced stop-loss requirements, and the firm does not enforce consistency metrics. This makes Alpha Trader Firm ideal for traders who prefer autonomy and system-based trading approaches.
Platforms and Assets
Alpha Trader Firm supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). They are also working on adding cTrader and web-based dashboards in the near future.
Tradable Assets Include:
Forex: Majors, Minors, Exotics
Indices: US30, NAS100, GER40, UK100
Commodities: XAU/USD, XAG/USD, Crude Oil
Crypto: BTC, ETH, XRP, SOL (24/7 trading allowed)
The inclusion of weekend trading for crypto and support for a diverse basket of assets enhances flexibility for multi-asset traders.
Fee Structure
Alpha Trader Firm offers a one-time, refundable fee structure. Fees are returned once a trader reaches their first funded payout.
Evaluation Pricing:
$10,000 Account – $99
$25,000 Account – $179
$50,000 Account – $299
$100,000 Account – $499
$200,000 Account – $949
There are no monthly subscription costs, making it easy for traders to manage costs with a one-off payment.
Payouts and Withdrawals
Withdrawals are processed bi-weekly, with multiple payout options:
Crypto (USDT, BTC)
Bank Transfers
Wise
Payoneer
There’s no minimum withdrawal amount beyond profit eligibility, and payout speed is typically within 48 hours after request approval.
Trader Dashboard & Support
The trader dashboard is clean and intuitive, showing key performance metrics such as equity curve, daily drawdown, profit percentage, and trade history.
Support channels include:
Live Chat (during business hours)
Email Support (24/7 response within 24 hours)
Discord Group (with staff and trader community access)
Traders consistently report positive support interactions, especially regarding payouts and technical issues.
Pros of Alpha Trader Firm
Two-phase evaluation with achievable profit targets
Realistic drawdown limits (daily and total)
Fast bi-weekly payouts
Profit split up to 90%
All strategies allowed (news, EAs, scalping, hedging)
Refundable fee after first withdrawal
Scaling up to $500,000
Weekend trading and 24/7 crypto trading
Cons
No instant funding model
No mobile app (as of early 2025)
No stock or futures products offered yet
Ideal For
Traders seeking long-term scaling potential
Traders looking for transparent, consistent rules
EA/system traders and swing traders
Traders frustrated by inconsistent or unclear prop firm models
Alpha Trader Firm is especially well-suited to serious traders who want to build a capitalized trading business without jumping through unnecessary hoops.
Final Verdict
Alpha Trader Firm strikes an impressive balance between opportunity and accountability. With its simple rules, realistic evaluations, and supportive trader conditions, it’s positioned to become one of the more dependable proprietary trading partners in the industry. If you're looking to scale responsibly, access bi-weekly profits, and trade your own way, Alpha Trader Firm should be high on your list.