Read our full Alpha Prop Traders review including Challenge types, Drawdown rules, Prohibited Strategies, Payout process, and exclusive discount codes. Updated August 2026.
Profit Split
,
Payout Speed
On Demand
Max Allocation
$200K
Starting Price
$10
CLOSED
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Alpha Prop Traders
Trust Score: 35/100 · 1.8
Up to $200K funded accounts
1-Phase Challenges (Alpha Special)
One Phase Challenge
Max Drawdown
6.00%
Daily Drawdown
4.00%
Profit Target
10%
1-Phase Challenges (Alpha Special) ($500K)
One Phase Challenge
Max Drawdown
20.00%
Daily Drawdown
3.00%
Profit Target
100%
1-Phase Challenges (Special)
One Phase Challenge
Max Drawdown
25.00%
Daily Drawdown
3.00%
Profit Target
100%
2-Phase Challenges
Two Phase Challenge
Max Drawdown
11.00%
Daily Drawdown
5.00%
Profit Target
8% - 5%
2-Phase Challenges (Alpha Special)
Two Phase Challenge
Max Drawdown
11.00%
Daily Drawdown
5.00%
Profit Target
10%-5%
3 Phase Challenges
Three Phase Challenge
Max Drawdown
7.00%
Daily Drawdown
2.00%
Profit Target
7% - 7% - 7%
Instant Funded
Instant Funding
Max Drawdown
100.00%
Daily Drawdown
50.00%
Profit Target
None
