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1. What is AlphaPropTraders?AlphaPropTraders is a financial education platform that provides simulated trading environments to help traders enhance their skills through evaluation challenges and funded accounts.
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2. How does AlphaPropTraders work?We offer a structured evaluation process that includes various challenge phases. Traders must meet the profit targets and follow our rules to progress to funded simulated accounts.
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3. Is AlphaPropTraders a broker or investment firm?No, we are not a broker or an investment firm. Our services are strictly educational, and all trading activities are conducted in a simulated environment.
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4. What countries are restricted from using AlphaPropTraders?Our services are not available in the following countries: United States, Canada, Russia, certain regions of Ukraine, North Korea, Iran, and Iraq.
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5. Is there a minimum age requirement to join?Yes, users must be at least 18 years old (or the legal age in their country) to participate in our programs.
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6. What are the challenge phases?AlphaPropTraders offers one, two, or three-phase evaluation challenges. Traders must meet the profit targets and follow risk management rules to qualify for a funded simulated account.
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7. What are the daily loss limits?The daily loss limit is set at 5% of the initial account balance, calculated based on the higher value between your balance or equity at 00:00 UTC.
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8. What is the trailing drawdown?The trailing drawdown follows your account balance and increases as your profits increase. It is capped at a fixed overall loss limit of 11% of the initial balance.
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9. Are there any trading day requirements?Yes, for Phase 1, Phase 2, and Funded Accounts, traders must achieve a minimum of three profitable trading days to progress or qualify for payouts.
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10. What is the maximum risk per trade?Traders are not allowed to risk more than 2.5% of the initial account balance on any single position. Exceeding this limit results in a hard breach.
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11. Can I hold trades over the weekend?Yes, during the evaluation phases, traders can hold trades over the weekend. However, certain restrictions apply to funded accounts.
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12. Are there any news trading restrictions?Yes, funded traders are not allowed to open or close trades within 4 minutes before or after high-impact news events.
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13. What trading strategies are prohibited?The following strategies are not allowed: Arbitrage trading Latency trading High-frequency trading Reverse trading Hyper scalping (trades under 30 seconds)
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14. What happens if I breach a trading rule?Depending on the severity, rule breaches can result in soft warnings, leverage reductions, or account termination.
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15. What tools does AlphaPropTraders offer?We provide free trading tools such as position size calculators, economic calendars, and risk management guides to help traders make informed decisions.
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16. Can I use trade copiers?Trade copying is allowed only between your personal accounts. You cannot copy trades between multiple AlphaPropTraders accounts.
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17. Is there a lot size limit?Yes, each account type has specific lot size limits to ensure controlled risk exposure.
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18. What is the inactivity policy?Accounts with no trades for more than 35 days will be automatically suspended.
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19. How do the payouts work?The first payout is processed 14 days after the first trade, with subsequent payouts available weekly, bi-weekly, or monthly.
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20. What profit split options are available?Profit splits range from 60% to 95%, depending on the payout frequency selected by the trader.
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21. Is the challenge fee refundable?Challenge fees are non-refundable. However, under certain promotions, traders may receive a percentage of their fee back after meeting specific criteria.
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22. How can I request a payout?Payouts can be requested from the dashboard on the scheduled dates. Failure to request on time will push the payout to the next cycle.
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23. How does AlphaPropTraders protect my data?We use industry-standard security measures to protect user data. However, no system is entirely secure, and users should exercise caution.
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24. Are my funds at risk on the platform?No, all trading is conducted in a simulated environment, and no real funds are at risk.
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25. Can I use VPNs to access my account?Yes, VPNs and VPS are allowed, but they must be used responsibly and in compliance with our security policies.
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26. What should I do if I change locations?If your IP region changes, our risk team may request proof of travel to verify your identity.
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27. What payment methods do you accept?We accept payments via Stripe (credit/debit cards) and cryptocurrency.
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28. Who covers the crypto transaction fees?Clients are responsible for covering all blockchain network fees when making crypto payments.
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29. Can I get an invoice for my purchase?Yes, invoices are generated automatically and can be accessed from your account dashboard.
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30. Can I merge multiple accounts?Yes, you can merge accounts to reach the maximum allowable capital limit of $200,000.
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31. Can I change my account type after purchase?No, once an account type is selected, it cannot be changed or downgraded.
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32. How can I close my account?To close your account and request data deletion, email us at admin@alphaproptraders.com.
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33. Where can I find AlphaPropTraders' terms and conditions?All legal policies, including Privacy and Cookies Policies, can be found in the "Legal" section of our website at www.alphaproptraders.info.
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34. What should I do if I disagree with your policies?If you do not agree with our policies, you should discontinue using our services.
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35. Are my details shared with third parties?We work with third-party service providers to deliver our services, but your information is protected
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