Account sizes:
– $5,000 – $50
– $10,000 – $97
– $25,000 – $197
– $50,000 – $297
– $100,000 – $497
– $200,000 – $997
Alpha Capital Group’s Alpha Pro Challenge offers traders the opportunity to manage account sizes from $10,000 to $200,000. This challenge aims to identify talented, profitable traders who can effectively manage risk during the two-step evaluation period. With the Alpha Pro Challenge, you can trade with leverage up to 1:100.
In Evaluation Phase One, traders must achieve an 8% profit target without exceeding a 5% maximum daily loss or a 10% maximum overall loss. There are no maximum trading day requirements, but a minimum of three trading days is necessary to proceed to Phase Two.
In Evaluation Phase Two, traders need to reach a 5% profit target while adhering to the same loss limits: 5% maximum daily loss and 10% maximum overall loss. Similar to Phase One, there are no maximum trading day requirements, but at least three trading days are required to qualify for a funded account.
Upon completing both evaluation phases, traders receive a funded account with no minimum withdrawal requirements, provided they continue to respect the 5% maximum daily loss and 10% maximum overall loss rules. The first payout can be requested 14 calendar days after placing the first position on the funded account, with subsequent withdrawals available bi-weekly. Traders receive an 80% profit split on their funded account earnings.
Alpha Pro Challenge Scaling Plan
The Alpha Pro Challenge includes a scaling plan, allowing you to increase your account balance by generating a 10% or more profit and requesting a profit split at the end of each trading period. Alpha Capital Group will provide you with an 80% profit split based on the profits generated on your funded account and reinvest the balance before withdrawal, thereby increasing your account size accordingly.
Alpha Pro Challenge Trading Rules & Objectives
– Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
– Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5%.
– Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 10%.
– Minimum Trading Days – The minimum duration during which you must engage in trading before successfully concluding an evaluation phase. Both evaluation phases have a minimum trading day requirement of 3 days.
– Lot Size Limit – Limitation of lot sizes for specific trading instruments. These are, in most cases, set based on the initial account balance of your trading account. Please refer to the following lot size limitations for your funded account in the spreadsheet below.
– Average Trade Duration – Traders are required to hold their trades before closing them for an average duration of 2 minutes.
Lot Size Limitations
– $10,000 – 5 Lots
– $25,000 – 10 Lots
– $50,000 – 20 Lots
– $100,000 – 40 Lots
– $200,000 – 80 Lots