Three-Step Program Overview:
Stage One:
Profit Target: 10%
Challenge Duration: Unlimited
Challenge Leverage: Up to 1:50
Minimum Trading Days: None
Maximum Loss: 5%
Daily Loss Limit: 3%
Fee: Varies based on account size
Stage Two:
Profit Target: 8%
Challenge Duration: Unlimited
Challenge Leverage: Up to 1:50
Minimum Trading Days: None
Maximum Loss: 5%
Daily Loss Limit: 3%
Fee: Free
Stage Three:
Profit Target: 4%
Challenge Duration: Unlimited
Challenge Leverage: Up to 1:50
Minimum Trading Days: None
Maximum Loss: 5%
Daily Loss Limit: 3%
Fee: Free
Funded Stage:
Profit Split: 90:10 in favor of the trader
Challenge Duration: Indefinite
Challenge Leverage: Up to 1:50
Minimum Trading Days: None
Maximum Loss: 5%
Daily Loss Limit: 3%
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:
Stage One: 10% profit target, 5% maximum loss, 3% daily loss limit.
Stage Two: 8% profit target, 5% maximum loss, 3% daily loss limit.
Stage Three: 4% profit target, 5% maximum loss, 3% daily loss limit.
Funded Stage: No profit target, 5% maximum loss, 3% daily loss limit.
3. Minimum Trading Days:
No minimum trading days are required in any stage of the Three-Step Program.
4. Fees:
$10,000 Account: $69
$25,000 Account: $99
$50,000 Account: $149
$100,000 Account: $199
$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