How it works
Our no-cost, 1-step evaluation process
Alpha Prop's evaluation process involves real-time trading to showcase your trading skills. We aim to learn how disciplined you are with risk and money management, and whether you can consistently identify your high-probability trades.
- Sign up here. There is no fee.
- Connect your trade platform to our trade copier. We work with MT4/5, cTrader, FXCM Trading Station, LMAX, DXTrade, Tradovate, NinjaTrader, and Fortex.
- Send your highest confidence trades to our trade copier. You will be evaluated on the first 32 trades you send.
- Your goal is to achieve a greater than 75% win rate. At least 24 of your 32 trades must be profitable. You have up to 90 days to complete this task.
Conditions to successfully complete the evaluation:
- Trading period: up to 90 calendar days
- Total trades: 32
- Profitable trades: 24 or more
- Aggregate profit target: greater than 5%
- Maximum drawdown: 10%
- Over-weekend trading: No
- Simulated trading leverage: 1:100
- Minimum trading days: 10
- Trading bots allowed: No
- Copy trading or signal-based trading: No
- Profit splits during evaluation: No
Funding and growing your account size
Once you successfully pass the evaluation, you will be funded and your trades will be executed in a live account. You will begin with a Tier 1 account and grow from there.
Tier 1 accounts
- Maximum simultaneous trades: 2
- Maximum cash risk per trade: $250
- Minimum 21 trade trailing profit: 10R
Tier 2 accounts, after 50 trades
- Maximum simultaneous trades: 4
- Maximum cash risk per trade: $500
- Minimum 21 trade trailing profit: 10R
Tier 3 accounts, after 100 trades
- Maximum simultaneous trades: 4
- Maximum cash risk per trade: $1,000
- Minimum 21 trade trailing profit: 10R
Tier 4 accounts, after 200 trades
- Maximum simultaneous trades: 4
- Maximum cash risk per trade: $2,500
- Minimum 21 trade trailing profit: 10R
Tradable assets
Commodities: XAUUSD, XAGUSD, WTI, BRENT, GOLD, COPPER, ALUMINIUM, LEAD, ZINC
Forex: Major and minor currency pairs supported by the connected trading platform.