Full Alpha Trader Review for 2025 – Features, Payouts, Rules Explained
Read our full Alpha Trader prop firm review, including detailed breakdowns of evaluation steps, drawdown rules, account types, and payout systems.
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Alpha Trader
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Forex, Crypto, Indices, Energies
VC
CEO:
Trade Locker
Rise
Credit/Debit Card
We’ve noticed that Alpha Trader has emerged as one of the most prominent proprietary trading firms in 2025 as it allows traders to manage capital up to $600,000. With an emphasis on flexible challenge models, competitive profit splits, and a trader-centric bias, both novice and seasoned traders alike are catered to. They will offer you One-Step and Two-step challenges with both designed to measure trading skills. This review covers the firm’s structure along with the challenges they offer, the trading rules them, and certainly more to find out what Alpha Trader has to offer in the scope of prop trading.
Alpha Trader Prop Firm Details
| Feature | Details |
| Company Name | Alpha Trader |
| Company Legal Name | Alpha Trader Ltd. |
| Headquarters | Alpha Trader is registered in United States |
| Years in Operation | Alpha Trader has been operation since 2 Years |
| Broker | Will remain undisclosed |
| CEO | Unnamed |
| Challenge Types | One-Step and Two-Step challenge is offered by Alpha Trader |
| Challenge Fees | The Challenge Fees of Alpha Trader range from $250 to $1,499 |
| Profit Split | Alpha Trader offeres up to 90% Profit Split |
| Account Sizes | The Alpha Trader funded accounts range from $25,000 to $300,000 |
| Payouts | Payouts with Alpha Trader are available every two weeks, however daily and 7-day payouts are available too upon request. |
| Financial Markets | Trading Instruments supported by Alpha Trader are Forex, Crypto, Indices, and Energies |
| Trading Platform | TradeLocker platform is supprted by Alpha Trader |
| TrustPilot Score | Alpha Trader is rated 4.4 on TrustPilot |
| Coupon Code | TRUSTED – ✅Save 15% OFF on Alpha Trader Challenges |
Pros & Cons of Alpha Trader - Quick Comparison
Alpha Trader provides competitive and flexible trading conditions along with substantial capital. With the flexibility of instrument choice and lot sizes, the profit prop firm traders are provided comes with a carefully designed framework of restrictions which at first glance appear hidden.
| ✅ Pros | ❌ Cons |
| Profit split is high with up to 90% offered. | Forced restrictions apply with no add-on to news trading. |
| Many instruments of trading including Forex, Crypto, Energies, and Indices. | Zero brokerage disclosure. |
| Enhanced payment frequency. | Copy trading not allowed. |
| Scaling plan aids in increasing account size over time. | Swap and spread commissions information is scant. |
| Flexible challenge options (One-Step and Two-Step). | Surrendered EA/Bot usage affixed. |
| Frequent payouts. | Maintained no demo or trial account. |
| Lot limits minimums are not imposed. | Set minimum trading days on the One-Step challenge. |
| Wide array of accounts ranging from $25k to $300k. | Shallow customer support information. |
Challenge types, fees, and profit split offered by Alpha Trader
Alpha Trader has two models of challenges - One-Step and Two-Step - which aim to put a trader's discipline and skill to the test. Both of these challenges also offer a high profit split along with access to large capital. Successful traders can take home up to 90% of the profits.
Challenge Comparison Table
| Challenge Type | Fee (Starting from) | Profit Target | Max Drawdown | Profit Split |
| One-Step | $250 | 12% | 6% | 90% |
| Two-Step | $250 | 10% (Phase 1), 5% (Phase 2) | 11% | 90% |
Alpha Trader One-Step Challenge
The One-Step Challenge is intended for traders where the evaluation process is done in a single phase. Participants in this one-phase challenge are required to reach a profit target of 12% while keeping within a drawdown of 6%.
| Feature | Details |
| Account Sizes | $25,000 - $300,000 |
| Challenge Fee | $250 - $1,499 |
| Profit Target | 12% |
| Max Drawdown | 6% |
| Daily Loss Limit | 3% |
| Profit Split | 90% |
| Minimum Trading Days | 10 |
| Leverage | 1:60 |
| Payout Frequency | Every 14 days, but 7 and daily payout options are available |
Why Select This Challenge:
- Easier evaluation with only one step
- A generous 90% profit split
- Ideal for seasoned traders confident in their strategy
Alpha Trader Two-Step Challenge
The Two-Step Challenge features a gradual evaluation by assessing traders through two phases with progressive targets. This model best suits traders who are more disciplined towards the funding process.
| Feature | Details |
| Account Sizes | $25,000 - $300,000 |
| Challenge Fee | $250 - $1499 |
| Profit Target | 10% (Phase 1), 5% (Phase 2) |
| Max Drawdown | 11% |
| Daily Loss Limit | 3% |
| Profit Split | Up to 90% |
| Minimum Trading Days | 5 per phase |
| Leverage | 1:60 |
| Payout Frequency | Every 14 days, optional 7-day or daily payouts |
Why Select This Challenge:
- Promotes consistency with structured progression
- Reduces pressure with lower initial target
- Great for new traders unfamiliar with prop firm challenges
Which Challenge Should You Choose?
| Challenge Type | Best For |
| One-Step | Fast funding for confident traders |
| Two-Step | Methodical traders and beginners |
Our Review of Alpha Trader Challenges
Alpha Trader’s approach with the dual-model strategy is tailored to both fast-paced and slow-paced traders. For high-confidence traders wishing to have an immediately funded account, the One-Step Challenge is ideal. In contrast, the Two-Step Challenge provides a more soothing route with tiered goals.
The 90% profit split and clean trading interface coupled with sensible drawdowns make both options very appealing in the world of prop trading.
Alpha Trader Scaling Plan - Capital Up to $600,000
Alpha Trader outlines a comprehensive scaling strategy for prop firm traders, allowing them to increase their funded accounts with consistent trading performance. This plan is for serious traders who regularly meet the profit target and withdrawal requirements within specified time windows. Alpha Trader’s algorithmic trading allows participants to manage as much as $600,000 in company capital. This ceiling is one of the firm’s distinguishing characteristics.
Scaling Progression Table
| Elapsed Time | Account Balance |
| 3 Months | 125% |
| 6 Months | 150% |
| 9 Months | 175% |
| 12 Months | $600,000 Cap |
Scaling Criteria Table
| Criteria | Details |
| Scaling Interval | Every 3 Months |
| Profit Target | 10% |
| Payout Requirement | 2-4 withdrawals per cycle |
| Growth Rate | 25%-50% |
| Profit Split | 80%-90% |
| Max Allocation | $600,000 |
| Rules | Remain the same |
Our Review of the Alpha Trader Scaling Plan
The scaling plans are favourable towards traders who actively trade longer durations, compounding their capital access. Supported by achievable yet demanding profit targets, competitive scaling periods, and devoid of rule changes or restrictions, the structure is Performance-based, rewarding consistent, long-term trading strategies with transparent progress tracking.
Spreads & Commissions offered by Alpha Trader
Alpha Trader has kept its spreads and commissions very competitive.
- Forex: $6 per lot
- Indices/Commodities: $0
- Crypto: $0
- Spreads: Raw from 0.0 pips
These low trading costs permit prop traders to maximize their profit levels, particularly with high volume account trading or scalping tactics.
Daily Drawdown Calculation
Alpha Trader calculates daily drawdown based on balance or equity whichever is higher at the end of the day. The drawdown type is equity based drawdown therefore the daily drawdown will keep recalculating based on the profit and loss with each trade. The drawdown limit will also grow or shrink based on the account's performance.
Trading Rules by Alpha Trader Explained
Alpha Trader has set specific trading guidelines to be followed in order to balance fairness and discipline in risk management as well as safeguard capital while still granting ample room for strategic maneuvers.
Trading Rules Table
| Rule | Allowed? | Details |
| Weekend Trading | ✅ Yes | Trades can be executed during weekends. |
| EA/Bots | ✅ Limited | Approved bot trading is allowed as long as it’s not arbitrage. |
| News Trading | ❌ No | Training wheels removed unless add-on is purchased. |
| Copy Trading (Own Accounts) | ❌ No | Copy trades disallowed. |
| Copy Trading (External) | ❌ No | Trading strategies based on signals are not allowed. |
| Martingale/Grid | ❌ No | Banned strategies. |
| HFT & Arbitrage | ❌ No | Strategies based on high-frequency or latency arbitrage are banned. |
What Trading Strategies Are Not Allowed?
Alpha Trader can accommodate most types of manual and algorithmic trading strategies, however, they draw the line at ethically dubious and higher-risk approaches:
- Grid Trading
- Latency Arbitrage
- Reverse Arbitrage
- Tick Scalping
- Account Management
- Signal Trading
- High-Frequency Trading
- Martingale
- Hedging Between Accounts
- Guaranteed Limit Orders
- Data Feed Manipulation
- Trading on Delayed Charts
- Macroeconomic Trading During High-Impact Reports or Manipulating Price Volatility
- Hedging
News Trading Rules
To manage volatility around high-impact events, Alpha Trader restricts trading during red-folder news releases for those who do not purchase the News Trading Add-On. Traders must understand these conditions if there is an upcoming new event:
- 5 Minutes Before Event: No trades can be initiated within 5 minutes before a red-folder event.
- During the Event: All trades must be closed before the start of the news event.
- 5 Minutes After Event: No trades can be opened within 5 minutes after the event concludes.
Our Evaluation of the Trading Rules by Alpha Capital
Alpha Trader Incorporated implements risk-based trading rules that encourage discipline and trader autonomy. They allow for swing trading, EAs, and even weekend holding which accommodates a wide variety of trading styles. Restricting Copy trading and news trades without add-on techniques might limit some strategies unless traders choose to get the better deal.
All in all, the rules are set for trading in a balanced ecosystem which is great for nurturing growth.
Trading Instruments Offered by Alpha Trader
Alpha Trader provides access to an array of trading instruments which enables traders to capitalize on them and gain access to different market strategies.
Trading Instruments provided by Alpha Trader:
- Forex: Tight spreads and 1:60 leverage on major, minor, and exotic pairs.
- Indices: Trade popular indices like NASDAQ, DOW, S&P500 with up to 1:30 leverage.
- Commodities: Gold, oil, and silver with institutional grade execution and 1:10 leverage.
- Cryptos: BTC, ETH, and other leading altcoins with 1:2 leverage and zero trading commissions.
Our Take on Trading Instruments
Alpha Trader offers support for trading strategies focused on multiple assets by providing easy accessibility, competitive spreads, and minimal fees. Be it a forex scalper, crypto trend follower, or an index swing trader, their diverse assortment of trading instruments ensure steady profitability.
Payment options and payout requirements of Alpha Trader
Alpha Trader provides straightforward and prompt payment and withdrawal options for both cryptocurrency and traditional payment methods.
Alpha trader accepts payments and withdrawals through below:
- Crypto (BTC, ETH, USDT)
- Debit/Credit Cards
- Bank Transfers (for payouts)
Alpha trader doesn't accept payments and withdrawals through below:
- PayPal
- Skrill/Neteller
Payout Requirement by Alpha Trader
- Minimum $100 profit
- 3 active trading days required
- No open trades during payout
Trading Competitions by Alpha Capital
As of 2025, there are no consistent trading contests held on Alpha Trader, neither are there any leaderboards. That said, special promotions or events may be communicated from time to time through email or Discord.
Country Restricted by Alpha Trader
Alpha Trader restricts access in certain regions due to compliance and regulatory frameworks. Below are the Restricted countries by Alpha Trader:
- Afghanistan
- Botswana
- Burma (Myanmar)
- Democratic Republic of Congo
- Crimea
- Cuba
- Ethiopia
- Iran
- Iraq
- Japan
- Libya
- North Korea
- Pakistan
- Republic of the Congo
- Russian Federation
- Somalia
- Sudan
- Syria
- Trinidad and Tobago
- Tunisia
- Yemen
- Zimbabwe
Traders from these locations are restricted from purchasing or participating in Alpha Trader’s programs due to regulatory and financial compliance measures. We emphasise reaching optimal conditions before expanding availability.
Our Final Thoughts on Alpha Trader
Alpha Trader is a rising star in the prop trading world in 2025. With its first-in-industry trader-centric funding model, unmatched profit split of 90%, relaxed dual challenge constraints, and an easily scalable payout system, the firm caters to both aggressive traders and those with conservative tendencies. It creates a fair environment with the trading rules that cover freedom and protection at the same time, and their asset selection gives everything a modern trader needs.
Whether you want to develop a forex account, trade crypto, or swing trade indices, Alpha Trader opens up a serious opportunity for managing capital professionally.
Ready to Get Started?
Use the exclusive prop firm discount code TRUSTED and get 15% OFF your Alpha Trader challenge. Funded accounts are just a click away!