Updated July 3, 2024
Minimum 1 trading day to pass
Reach profit target to move to funded account
End of day trailing drawdown. Account balance must be maintained above drawdown limit at any time. Drawdown stops trailing when drawdown reaches starting balance. (e.g. in a 100k account when drawdown reaches 100,000 from 96,000 account, it stops trailing)
Do not exceed the maximum number of contracts for each trade
Best day cannot be more than 50% of profit target
Must close orders / positions before 4:59 p.m. EST, New York. System automatically closes the trades.
You can trade during news in the evaluation stage
Free reset of failed account on renewal. Immediate reset available at the monthly price of the evaluation.
Trading platform: AlphaTicks (TradingView charts). Commission costs are $2.80 and $0.74 each way for minis and micros respectively
Can subscribe to a maximum of 3 accounts with allocation up to $450k
Caution / Prohibited: No automated strategies, cannot exceed 100 or more trades; cannot have multiple limit orders on same price; no hedging; no exploiting sim environment; no trading in concert with other individuals (refer Alpha Futures)
Activation fee of $149 to be paid within 30 days of passing. Account activated in 1 to 2 business days.
Contracts scaling plan based on the accumulated profits (see table). For example, on a 100k account if your profit is between $1,501 and $2000, you can trade up to 4 contracts and if it is less than $1,500, you can trade up to 3 contracts maximum.
Just as in the evaluation account, the drawdown stops trailing when drawdown reaches starting balance evaluation
On funded accounts, crossing the daily loss limit (daily loss guard) shuts trading for the day (see table)
Do not trade or have open orders 2 minutes before and after news releases (refer to Alpha futures)
Request payout every 14 days with the best day being less than 40% of the total profits.
Payouts are processed within 48 hours.
No threshold limits (safety reserve buffer) or restrictions on maximum amount withdrawal. Minimum payout request is $200
Traders receive 70% of profits in the first and second payouts, 80% of profits in the third and fourth payouts, and 90% of profits thereafter
End of day drawdown
Higher drawdown limits on 100k and 150k compared to other prop firm offerings
Up to 3 accounts
No restriction on maximum withdrawal amount or maintaining of safety reserve
