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ALPHA FUNDED TRADER PROGRAMME

SHOWCASE YOUR EXPERTISE AND BECOME A FUNDED TRADER TODAY

The most competitive and fastest route to become a funded trader for those with previous trading experience.

Apply to become an Alpha Funded Trader with a guaranteed $15K funded account. If approved, get funded within 24 hours!

If you have experienced some success as a trader we’d like to hear from you. We provide a unique opportunity for talented individuals to trade a funded account and become an Alpha Funded Trader.

Candidates accepted onto the Alpha Funded Trader programme account receive a guaranteed $15,000 funded account to trade live funds and begin a career as a prop trader with Alphachain Capital.

Double your capital each time you hit target and get up to $1m account!

An Impressive Track Record Of Trading Success

We offer complete transparency with targets, capital allocation and incentives. Once you hit the first 10% target your capital is doubled, each time, up to $1m

$4.7m in funded accounts issued in 2020

534 traders funded last year

67 countries represented

We Help You Succeed

With Alphachain Academy, you’ll have unrivalled access to expert support and a likeminded trading community.

Global Trading Community

Detailed Morning Market Briefs

Earn 50% Of The Profit!

ALPHA FUNDED TRADER PROGRAMME BENEFITS

$15k Funded Account

Capital Increases At Each Target Level

10% Fixed Drawdown Limit

50% Profit Split

Alphachain provides talented traders with financial backing through a funded trading account while also offering weekly webinars and a global community of traders to help grow your professional network.

No Assessment

Double your capital each time you hit target and get up to $1m capital!

TRADING TECHNOLOGY

All traders receive access to our bespoke Metatrader 4 (MT4) trading technology. We provide market-leading institutional leverage of 1:100. Our traders don’t trade through brokers, we go direct to major liquidity providers to ensure optimal trading fees and conditions for our traders.

All of our traders accounts can be linked with www.myfxbook.com so you can visualise your trading performance in real-time.

Double your capital each time you hit target and get up to $1m capital!

FUNDED ACCOUNT
$15kStarting Balance

 One-time setup fee of £395 

   Plus Monthly Membership: £99   

BENEFITS OF BEING AN ALPHA FUNDED TRADER

$15K Starting Capital

Initial Target: 10% (at each level)

Fixed Drawdown: 10% max (based on starting balance)

Overnight Trading

Free Trader Education

Global Trading Community. Join our global community of traders where you can join the conversation, share ideas on markets and grow your own professional network. 

Live Squawk Service. Get access to our live squawk twitter service and get up-to-date news events live as they happen – the quickest way to get the latest news.

Weekly Webinars. Access to recorded webinars to help improve your trading knowledge with practical examples, delivered by our management team and experienced traders.

Profit Share. As a funded trader you will earn 50% of the profits you make, with capital increases a pre-defined target achievements.

No Risk For You.You never have to risk any of your own money and are not liable for any losses. Use our money to make you money.

Capital Increases at each Target. Each time you reach your target, we’ll double your account size.

Achievable Target. There is no time limit on hitting the 10% target, so you don’t feel pressured to take unnecessary trades.

Multi Asset Class. You can trade in over 100 markets across three asset classes; FX, Commodities and Indices.

Morning Market Brief. Receive our morning market brief document each morning direct from our trading desk.

ASSET CLASSES TRADED

Traders are able to trade a diverse choice of assets. The asset classes that can be traded fall under the categories of FX Commodities and Indices. We offer over 100 tradable assets with institutional spreads and commissions. All traders will use Metatrader 4 (MT4) as their execution platform with a 100:1 leverage.

FOREX

The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

COMMODITIES

A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets.

EQUITY INDICES

Indices trading means that you are taking a position on a stock index – which is a measure of the performance of several different companies. Indices trading can be a way to get exposure to an entire sector or economy at once, without having to open positions on lots of different shares.

We provide all clients the best trading conditions on Alphachain’s MetaTrader 4 platform, the world’s leading Forex Trading Platform.

  • No platform fees
  • Institutional raw price spreads
  • Competitive trading commissions
  • No mark up
  • Desktop compatibility only
  • Customisations available

FAQs

We offer 100:1 leverage. It gives enough buying power to effectively boost our traders return.

MT4 is a trading platform that is commonly used by Traders around the world. The platform is easily accessible for those who use windows though with MacOS there are a few things to be aware of. The latest update for MacOS; Catalina came with an inherent compatibility issue that does not allow Metratrader programs to function on the Mac operating system. Holders of older operating software’s such as Mojave may be able to avoid this issue by downloading ‘Wine’ and using ‘PlayonMac’ to install the program. Traders who have Catalina as their current operating software can utilise the following solutions: 1. Download and install Crossover; a third-party software with the ability to download Windows applications. This has become the most popular option for those who wish to continue to use Macbook for their Trading. 2. Purchase an affordable Windows Laptop/PC: This option will enable traders to run MT4 on their Laptop with ease.

No, all traders trade on a Windows or Mac computer, mobile trading is not permitted. Our data suggests that traders perform best when they are at a computer where they have easy access to charting tools, position calculators and other essential trading tools. Trading on mobile is not recommended for our traders.

Your login details to your new funded accounts are usually issued within 24 hours. Please note you must make payment and sign contract before the account can be setup.

Category: Funded Trader

If one of the risk management rules are breached please request an account review and notify the team at support@alphachain.co.uk along with your account number. If a rule has been breached your account will be closed. In order to start a new funded account again a new implementation fee will be required.

Category: Funded Trader

If you believe you have reached the target please contact support@alphachain.co.uk with your account number and request an account review. The risk management team will assess if you have traded within risk management rules during the process. If successful, you will be notified, profits distributed, and you will progress onto the next funded account size. Note if you have hit target but have breached a trading rule, no profits will be paid out. The target must be achieved with no rule breaches.

Once you hit the target you must stop trading and request an account review. No profits will paid in excess of the target amount

Category: Funded Trader

You can email hr@alphachain.co.uk and a member of the team will be in touch as soon as possible.

Category: Funded Trader

The maximum drawdown (DD) allowance is a fixed 10% maximum drawdown amount from the initial starting balance (not trailing). Losses cannot exceed $1500 from the starting balance (or lowest account equity value of $13,500). It is the maximum change of equity value between the starting balance and the trough equity value at any given time on a per trade rolling basis. It includes closed and open positions. Exceeding the Max Drawdown will breach a core risk management rule and the traders account will be closed.

Category: Funded Trader

Due to the gap risk between market close on a Friday evening and the Sunday night open, traders are not permitted to hold trades over the weekend.

Category: Funded Trader

Profit split is 50% on the profits you make above the initial balance figure.You will need to meet your 10% target to receive your profit share.

Category: Funded Trader

While we provide funding for new traders there are several on-going trading expenses which must be covered by traders. These include price data feeds, trading platform, platform 24/5 maintenance, community management, administration and regular webinar content. The membership payment covers the running costs of your trading accounts. Note if a membership payment is missed, the agreement will come to an end and the account will be closed.

Category: Funded Trader

All traders receive access to our bespoke Metatrader 4 (MT4) trading technology. We provide market-leading institutional leverage of 1:100. Our traders don’t trade through brokers, we go direct to major liquidity providers to ensure optimal trading fees and conditions for our traders.

Category: Funded Trader

Your login details to your new funded accounts are usually issued within 24 hours. Please note you must make payment and sign contract before the account can be setup.

Category: Funded Trader

Profits can be withdrawn once you have reached the profit target. Once the target is hit we recommend that you stop trading and request an account review by emailing support@alphachain.co.uk along with your trading account number. An invoice must be issued to Alphachain to request payment. Please allow up to 7 working days for payment to be made.

Category: Funded Trader

No, the Alpha Funded Trader product is risk free! This means that you will not be liable for any losses during the process so you can trade without the stress of losing your own money.

Category: Funded Trader

You are required to have 30 active trading days in order to progress on to the next capital level. There are no time limits in reaching your target. A trading day is defined by the day the trader opens a trade. For example, if a trader opens a trade on Monday, and closes the same trade on Tuesday, this is counts as 1 trading day.

Why is this important?

Proves to us and to yourself that your trading is consistent and reduces the effect of ‘luck’ in your trading Provides sufficient data for us to assess your trading style Give you the opportunity to trade in various market conditions Remember you are on your own journey and base your performance on time allocated to trading and strategy development. We are looking for consistency within your equity growth.

Category: Funded Trader

We offer the most comprehensive variety of tradable assets of any prop trading firm. Traders can trade across global forex majors, commodities and equity indices. Once your application has been accepted you will be provided with the full list of approved markets. You are only permitted to trade the assets in the markets list provided. All other markets shown in the terminal must be hidden by the trader to avoid trading. Any markets which are traded which are not permitted will result in a risk management breach. Please note each asset class will have a maximum exposure limit in addition to the risk management guidelines provided.

Category: Funded Trader

The maximum change in account equity from Monday to Friday cannot exceed $750 (or 5% of starting balance), regardless if the account is in profit or not. You will have to maintain a balance above the weekly loss limit. If this risk management rule is breached the trading account will be closed.  Traders will only be notified if they have breached this rule if they request a manual review from our risk manager at the time if they suspect that the level may have been breached. It is therefore important that all traders keep track of their risk limits and notify the team if you feel you may have breached a rule. This ensures traders do not allow large losses to occur and have the ability to increase trading probability through performance analysis.

Category: Funded Trader

Positions must be closed during major news or data releases and can be re-opened 30mins after. An example of such a release includes the Bank of England (BoE) rate decision and speech, US Non-Farm Payrolls (NFPs), Federal Reserve rate decision etc. Positions held open during this period will be a breach of the risk management rules and may result in account closure, while any profits made during these periods will not be payable nor will they go towards your target.

Category: Funded Trader

To cancel you can email support@alphachain.co.uk and give notice that you would like to cancel your agreement. 14 days notice is required for cancellation, and no further payments will be taken after this 14 day period has passed.

Category: Funded Trader

Yes, trades can be held overnight during the week between Monday and Friday (excluding bank holidays).

Category: Funded Trader

Due to the gap risk between market close on a Friday evening and the Sunday night open, traders are not permitted to hold trades over the weekend.

Category: Funded Trader

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