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3-Step Program

Alpha Trader Firm avatar
Written by Alpha Trader Firm
Updated over a month ago

Three-Step Program Overview:

  1. Stage One:

    • Profit Target: 10%

    • Challenge Duration: Unlimited

    • Minimum Trading Days: None

    • Maximum Loss: 5%

    • Daily Loss Limit: 3%

    • Fee: Varies based on account size

  2. Stage Two:

    • Profit Target: 8%

    • Challenge Duration: Unlimited

    • Minimum Trading Days: None

    • Maximum Loss: 5%

    • Daily Loss Limit: 3%

    • Fee: Free

  3. Stage Three:

    • Profit Target: 4%

    • Challenge Duration: Unlimited

    • Minimum Trading Days: None

    • Maximum Loss: 5%

    • Daily Loss Limit: 3%

    • Fee: Free

  4. Funded Stage:

    • Profit Split: 90:10 in favor of the trader

    • Challenge Duration: Indefinite

    • Minimum Trading Days: None

    • Maximum Loss: 5%

    • Daily Loss Limit: 3%

    • ​Risk Rule: Traders must not risk 3% of the account balance in total open floating PnL loss at any given time.

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.

    Trader Score ( FUNDED STAGE ONLY) :

    • A Trader Score of 30% or lower is required to be eligible for withdrawals

    • Trader Score Formula:

      (Highest Single-Day Profit÷Lifetime Realized Profit)×100(Highest Single-Day Profit÷Lifetime Realized Profit)×100
      ​

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

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