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Pay Later - Challenge

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Written by Alpha Trader Firm
Updated yesterday

PayWhenYouPass - Program Overview:



Free 2-Step Challenge – $100K Account

Stage One:

  • Profit Target: 5%

  • Challenge Duration: 14 Days

  • Challenge Leverage: Up to 1:100

  • Minimum Trading Days: None

  • Maximum Loss: 10% - (Static)

  • Daily Loss Limit: 5%

  • Fee: Free

  • News Trading Included ✅

  • Weekend Trading Included ✅


Stage Two:

  • Profit Target: 5%

  • Challenge Duration: 14 Days

  • Challenge Leverage: Up to 1:100

  • Minimum Trading Days: None

  • Maximum Loss: 10% - (Static)

  • Daily Loss Limit: 5%

  • Fee: Free

  • News Trading Included ✅

  • Weekend Trading Included ✅


Funded Stage:

  • Profit Split: 90%

  • Challenge Duration: Unlimited

  • Minimum Trading Days: None

  • Maximum Loss: 10% -

  • Daily Loss Limit: 5%

  • Activation Fee: $649 (only paid after passing both stages)

  • News Trading Included ✅

  • Weekend Trading Included ✅

  • 14-Day Payout Included ✅


Summary of Key Rules – $100K Free Challenge

1. Profit Targets and Drawdowns

  • Stage One: Reach $5,000 profit, avoid exceeding $10,000 total or $5,000 daily loss

  • Stage Two: Repeat same rules

  • Funded Stage: No profit target, $10,000 total loss limit, $5,000 daily loss


2. Minimum Trading Days

  • None — pass in one day or take the full 14 days.


3. Fees

  • Stage One & Two: $0

  • Funded Activation Fee: $649 (after passing both stages)


4. Profit Split

  • Funded traders keep 90% of profits.


5. Trader Score Requirement (Funded Only)

To be eligible for withdrawals, your Trader Score must be 20% or lower.

Trader Score Formula:

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

6. Free Challenge Limit

🚨 Limit: One Free Challenge Per Month Per User.
Users are allowed to participate in the Free 2-Step Challenge once every 30 days.

7. Weekend Trading / Holding:

  • Weekend Trading: Allowed across all stages

    8. Payout Frequency (Funded Stage)

    • 💸 Standard payout is every 14 days, at 90% profit split

For detailed information on account policies and payout procedures, please refer to the official Alpha Trader Firm website.

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