Three-Step Program Overview:
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Stage One:
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Profit Target: 10%
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Challenge Duration: Unlimited
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Challenge Leverage: Up to 1:50
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Minimum Trading Days: None
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Maximum Loss: 5%
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Daily Loss Limit: 3%
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Fee: Varies based on account size
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Stage Two:
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Profit Target: 8%
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Challenge Duration: Unlimited
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Challenge Leverage: Up to 1:50
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Minimum Trading Days: None
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Maximum Loss: 5%
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Daily Loss Limit: 3%
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Fee: Free
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Stage Three:
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Profit Target: 4%
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Challenge Duration: Unlimited
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Challenge Leverage: Up to 1:50
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Minimum Trading Days: None
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Maximum Loss: 5%
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Daily Loss Limit: 3%
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Fee: Free
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Funded Stage:
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Profit Split: 90:10 in favor of the trader
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Challenge Duration: Indefinite
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Challenge Leverage: Up to 1:50
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Minimum Trading Days: None
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Maximum Loss: 5%
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Daily Loss Limit: 3%
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For detailed information on account sizes and corresponding fees, please refer to the official Alpha Trader Firm website.
To incorporate the Three-Step Program into the existing rules and agreements, the following adjustments are recommended:
2. Profit Targets and Drawdowns:
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Stage One: 10% profit target, 5% maximum loss, 3% daily loss limit.
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Stage Two: 8% profit target, 5% maximum loss, 3% daily loss limit.
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Stage Three: 4% profit target, 5% maximum loss, 3% daily loss limit.
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Funded Stage: No profit target, 5% maximum loss, 3% daily loss limit.
3. Minimum Trading Days:
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**No minimum trading days are required in any stage of the Three-Step Program.
Trader Score ( FUNDED STAGE ONLY) :**
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A Trader Score of 40% or lower is required to be eligible for withdrawals
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Trader Score Formula:
(Highest Single-Day Profit÷Lifetime Realized Profit)×100(Highest Single-Day Profit÷Lifetime Realized Profit)×100
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4. Fees:
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$10,000 Account: $69
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$25,000 Account: $99
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$50,000 Account: $149
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$100,000 Account: $199
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$200,000 Account: $499
In this program, traders pay a fee for Stage One, while Stages Two and Three are free. Upon reaching the funded stage, the initial fee becomes refundable.
5. Profit Split:
These additions ensure that the Three-Step Program is fully integrated into the firm's offerings, providing traders with clear guidelines and expectations at each stage