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Alpha Trader Review 2025

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Alpha Trader Review 2025
News TradingUnlimited Challenge DurationDaily Payouts90% Profit Share
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Your Capital is at risk.

Your Capital is at risk.

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Alpha Trader
Founded:2022
Headquarter:United States
Min Price:$100
Max Fund:$600,000
Challenges:2
About
Alpha Trader is a US-based proprietary trading firm providing access to funded accounts with up to $300K in balance for a price range of $100 to $1,600. The prop firm offers daily payouts through Rise and Crypto and 100% refunds on challenge fees.
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
News trading add-on
Refundable challenge fees
Daily payouts
Generous 90% profit split
Cons
Limited scaling plan
Higher than average fees
Lack of transparency about the companyā€™s background
Strict challenge rules for 1-step program

Alpha Trader has designed 1-step and 2-step evaluation programs to assess traders and provide them with up to $600K in trading capital.

Alpha Trader
Alpha Trader is a proprietary trading firm with daily payouts

The prop firm offers leverage options of up to 1:100 and a 90% profit split.

Alpha Trader; An Introduction to the Prop Firm

Alpha Trader Ltd. is a proprietary trading firm headquartered in the United States. The firm was founded by Alex Santi in 2022. Key features of Alpha Trader:

  • 1-step and 2-step evaluation challenges
  • Up to $600K in trading funds
  • Virtual trading accounts
  • No time limits

Alpha Trader Specific Features

The company offers a unique feature: daily payout, a rarity even among top prop firms. However, traders should pay extra to activate the option.

Account currency

N/A

Minimum price

$100

Maximum leverage

1:100

Maximum profit split

90%

Instruments

Forex, Metals, Indices, Crypto, Energies

Assets

N/A

Evaluation steps

1-Step, 2-step

Withdrawal methods

Rise, Crypto

Maximum fund size

$600K

First profit target

10%

Max. daily loss

6%

Challenge time limit

Unlimited

News trading

Yes (add-on)

Maximum total drawdown

11%

Trading platforms

MT5, TradeLocker

Commission

N/A

TrustPilot score

4.3

Payout frequency

daily

Established country

The United States

Alpha Trader Prop Firm Pros & Cons

When considering any prop firm, weighing the advantages against the potential drawbacks is crucial. Here's a balanced look at Alpha Trader's pros and cons.

Pros

Cons

Generous 90% profit split

Lack of transparency about the companyā€™s background

Daily payouts

Higher than average fees

News trading add-on

Strict challenge rules for 1-step program

Refundable challenge fees

Limited scaling plan

Challenge Prices

One of the first hurdles in your Alpha Trader journey is selecting and paying for the appropriate challenge. The firm offers refunds on challenge fees upon reaching the funded stage.

Account Balance

One-Step

Two-Step

$10K

$100

$100

$25K

$250

$250

$50K

$350

$300

$100K

$550

$500

$200K

$950

$900

$300K

$1,600

$1,499

Alpha Trader Challenge Rules

In this Alpha Trader review, we must mention that the firmā€™s challenges have no time limits and come with virtual funds.

Alpha Trader 1-Step Challenge Rules
Alpha Trader 1-Step Challenge Rules

The firm has restricted various strategies, including Grid Trading, Latency Arbitrage, Tick Scalping, Signal Trading, Martingale, and High-Frequency Trading.

Features

1-Step

2-Step

Trading Period

Unlimited

Unlimited

Min Trading Day

10

None

Max Daily Loss

3%

6%

Max Total Drawdown

6%

11%

Profit Target

12%

10% / 5%

Max Leverage

1:60

1:100

Payout Frequency

Daily

Daily

Profit Share

90%

90%

Note that without the daily payout add-on, the default payout frequency is weekly.

Promotional Programs

In addition to seasonal discount codes and promotions, the firm also offers a comprehensive affiliate program.

  • Coupon Code: The latest promotion in celebration of the 2025 New Year offers 20% Off + 90% Split + 150% Refund (Code: NEWYEAR);
  • Affiliate: refer your friends and earn commissions from their purchases.

Available Trading Instruments

Based on the platform you choose, you gain access to different trading instruments, including:

TradeLocker

  • Cryptocurrencies
  • Energies (NGAS, USOIL, UKOIL)
  • All Forex majors and crosses
  • Indexes/Indices and .MINIs
  • Metals

Platform 5 (MT5)

  • All Forex majors and crosses
  • Indexes/Indices and .MINIs
  • Metals
  • Cryptocurrencies (coming soon)

Alpha Trader Funding and Withdrawal

The prop firm provides several payment options for the sake of its clients. It offers daily payouts for an extra fee.

While withdrawals under $2,500 are processed in less than 24 hours, more significant amounts may take up to 48 hours.

  • Purchase: Credit/Debit Cards (Visa, MasterCard, American Express, and Discover) and Crypto (Crypto Cloud)
  • Payout: Rise (Crypto, ACH, and Wire transfer) and Crypto.

To be eligible for a profit payout, you should make a profit equal to 1% of your account balance.

Alpha Trader Prop Firm Trading Fees

Understanding the fee structure is crucial when considering Alpha Trader. However, the platformā€™s website does not disclose any specific data concerning trading commissions and spreads.

Before finalizing your challenge purchase, contact the firmā€™s support team to ask about the associated commissions, as they are crucial to your success.

User Satisfaction

There are more than 370 Alpha Trader reviews on the TrustPilot platform, and only 50 are negative. The primarily positive feedback has gained the prop firm an excellent score of 4.3 out of 5.

Alpha Trade TrustPilot
Alpha Trade has only replied to 1 negative review on its TrustPilot profile

How to Reach Customer Support?

Alpha Trader offers 24/7 support through email, Discord community, a Ticket system, and a comprehensive FAQ section.

Email

support@thealphatraderfirm.com

Discord

Open support tickets for faster assistance

Ticket

Accessible through the ā€œKnowledge Baseā€ page

Chatbot

Available on the official website

Live Chat

Ask the bot to connect you to a live agent

Alpha Trader Prop Firm on Social Media

The platform is active on various social media platforms like YouTube and Instagram. However, it doesnā€™t have Twitter, Telegram, or LinkedIn pages.

Expert suggestions

Alpha Trader provides access to funded accounts ranging from $10K to $300K to trade Forex and Cryptocurrencies on MT5 and TradeLocker platforms. The prop firm has a TrustPilot score of 4.3/5 and accepts US clients.

FAQs

What is the cheapest funding challenge?

You can purchase the 1-step and 2-step $10K Alpha Trader challenges for $100.

What leverage options are available?

The firm offers leverage options of up to 1:100.

What trading platforms can I use?

The prop firm offers its services through the robust MT5 and TradeLocker.

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