| Trading Feature | Value |
|---|---|
| 🖥️ Trading Platforms: | TradeLocker |
| 💰 Fees: | Fees vary by account size and challenge type. |
| 🚀 Profit split: | Up to 90% profit split. |
| ✔️ Evaluation: | Offers 1-Step and 2-Step evaluations. |
| 🎯 Profit Target: | 10% Phase 1 / 5% Phase 2 |
| ⚓ Maximum drawdown (MDD): | 5% daily / 10% total |
| ⌛ Trading Period: | No time limit |
| ⚖️ Leverage: | 1:100 standard |
| 🔧 Instruments: | Forex, Crypto, Indices, Stocks |
| 📰 Allow Trade News: | Allowed |
| 🔄 Weekend Position: | Allowed |
| 💰 Payout Policy: | Bi-weekly with scaling options |
| Coupons used this month | 12 |
| Coupons used this week | 5 |
| Last verified testimonial | February 16, 2026 |
| 💬Daniel V. : Saved $104.80 (20% OFF) on the 100,000 Instant Funding challenge using code NEW50. Applied on February 16, 2026 |
| 💬Santiago Z. : Saved $32.00 (20% OFF) on the 50,000 2-Step challenge using code NEW50. Applied on February 15, 2026 |
| 💬Julien M. : Saved $27.04 (20% OFF) on the 25,000 1-Step challenge using code NEW50. Applied on February 13, 2026 |
Alpha Trader aims to empower traders worldwide by offering flexible rules, industry-leading profit splits, and innovative programs. The firm provides instant funding options and daily payouts, ensuring traders can access and benefit from their profits promptly. With a commitment to transparency and cutting-edge technology, Alpha Trader supports traders in achieving long-term profitability.
To get started with Alpha Trader, follow these steps:
After completing either evaluation model, traders receive a funded account with conditions identical to the challenge phase. Alpha Trader offers a base profit split of 80%, which can increase to 85% based on performance. Payouts are available every 14 days, and traders must maintain good standing (no breaches or violations) to remain eligible. The firm supports scaling through performance milestones — traders who consistently generate profits while respecting drawdown limits may scale up to a max of $400,000.
Traders who violate rules during funded phases — such as using grid systems, trading during news without permission, or using blacklisted EAs — may have their accounts terminated immediately. The firm states that trades are monitored closely, and any behavior resembling latency arbitrage, reverse copy-trading, or slippage manipulation is grounds for disqualification.
Alpha Trader offers two primary evaluation types — a 1-Phase Challenge and a 2-Phase Challenge — both designed to assess a trader's consistency, discipline, and risk control. All challenges are governed by fixed drawdown parameters and enforced with strict compliance rules. Traders may choose from funded account sizes ranging from $5,000 to $200,000, and payouts are issued biweekly with options for scaling based on performance milestones. While the firm provides a structured framework and appears transparent in rule-setting, it also sells several critical trading permissions as optional add-ons — including news trading, weekend holding, and EA usage — which has drawn criticism from users who expect these features to be standard.
1-Phase Challenge: Traders are required to reach a 10% profit target while respecting a 5% daily drawdown and 8% total drawdown. There is no time limit to meet the target, and only five minimum trading days are needed. This format caters to traders who want a quicker path to funding, but it also applies strict rule enforcement — violations, including holding during news (if not permitted via add-on), result in disqualification.
2-Phase Challenge: This format is more traditional, involving a first phase with a 10% profit target and a second phase requiring 5%. Both phases follow the same risk parameters: 5% daily and 8% overall drawdown. A minimum of five trading days is required in each phase, and there is no upper time limit. The 2-phase model gives traders more room to show consistency but applies the same strict trading constraints seen in the 1-phase model.
| Challenge | Fees ($) | Discounted Price $ Grab Promo | Account Size | Steps | Profit target | Profit Split | Max Daily Loss |
|---|---|---|---|---|---|---|---|
| 10,000 3-Step |
|
|
$10K | 3 | 10% / 7% / 4% | 90% | 4% |
| 25,000 3-Step |
|
|
$25K | 3 | 10% / 7% / 4% | 90% | 4% |
| 50,000 3-Step |
|
|
$50K | 3 | 10% / 7% / 4% | 90% | 4% |
| 100,000 3-Step |
|
|
$100K | 3 | 10% / 7% / 4% | 90% | 4% |
| 200,000 3-Step |
|
|
$200K | 3 | 10% / 7% / 4% | 90% | 4% |
| 5,000 2-Step |
|
|
$5K | 2 | 10% / 5% | 90% | 4% |
| 10,000 2-Step |
|
|
$10K | 2 | 10% / 5% | 90% | 4% |
| 15,000 2-Step |
|
|
$15K | 2 | 10% / 5% | 90% | 4% |
| 25,000 2-Step |
|
|
$25K | 2 | 10% / 5% | 90% | 4% |
| 50,000 2-Step |
|
|
$50K | 2 | 10% / 5% | 90% | 4% |
| 100,000 2-Step |
|
|
$100K | 2 | 10% / 5% | 90% | 4% |
| 200,000 2-Step |
|
|
$200K | 2 | 10% / 5% | 90% | 4% |
| 5,000 1-Step |
|
|
$5K | 1 | 8% | 90% | 3% |
| 10,000 1-Step |
|
|
$10K | 1 | 8% | 90% | 3% |
| 15,000 1-Step |
|
|
$15K | 1 | 8% | 90% | 3% |
| 25,000 1-Step |
|
|
$25K | 1 | 8% | 90% | 3% |
| 50,000 1-Step |
|
|
$50K | 1 | 8% | 90% | 3% |
| 100,000 1-Step |
|
|
$100K | 1 | 8% | 90% | 3% |
| 200,000 1-Step |
|
|
$200K | 1 | 8% | 90% | 3% |
| 10,000 Instant Funding |
|
|
$10K | 0 | 90% | 3% | |
| 25,000 Instant Funding |
|
|
$25K | 0 | 90% | 3% | |
| 50,000 Instant Funding |
|
|
$50K | 0 | 90% | 3% | |
| 100,000 Instant Funding |
|
|
$100K | 0 | 90% | 3% |
Pros:
Cons:
Overall metrics
Information about the founders or executive team of Alpha Trader is not publicly disclosed.
Forex, Commodities, Indices, and Cryptocurrencies.
No, EAs are not permitted.
Yes, but restrictions apply without the News Trading Add-On. Trades cannot be initiated within 5 minutes before or after a red-folder news event, and all trades must be closed before the event starts.
Payouts are made via Rise Pay.
Yes, evaluation fees are refundable upon meeting specific criteria.
Fees vary by account size and challenge type.
Up to 90% profit split.
10% Phase 1 / 5% Phase 2
No time limit
1:100 standard
Forex, Crypto, Indices, Stocks
Allowed
Allowed
Please note this may change due to political situations and internal policies. Furthermore, please note that intentionally misrepresenting the country you are based in comes with the risk of being denied a live account and a refund.
| TrustPilot | Alpha Trader TrustPilot Customer Reviews, Feedback and Complaints |
|---|---|
| Trustpilot | On Trustpilot, Alpha Trader has currently 960 number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.40/5.00. Reviewers embracing Alpha Trader most frequently mention Helpful support team, and Good feedback on MT5/Tradelocker options, and Many positive user experiences, and Clear communication from staff. Alpha Trader also has a fast and reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything. Alpha Trader firm's reply behavior to negative reviews is up to the standard having replied to 2600% negative reviews with a response time to their negative reviews in less than 336 days. |
TrustPilot Reviews' Key takeaway
