ALPHACHAIN CAPITAL : Everything You Need To Know About Alphachain Prop Firm

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ALPHA CHAIN PROPRIETARY FIRM

With 6.5m funded accounts and 454 traders represented in 67 countries, AlphaChain Proprietary firm has tallied up to one of the biggest Forex Trading firm in London.  Alphachain Traders is a proprietary trading company, established with the goal of fusing strategy, innovation, and technology to prosper in the current global marketplaces.

The company uses a variety of short- to medium-term quantitative trading strategies across numerous asset classes, leveraging machine learning, statistical modeling methods, and other financial instruments.

In tHIS POST, i will be GIVING YOU THE NECESSARY INFORMATION YOU NEED TO KNOW about the alphachain traders prop firm, how to BECOMe A FUNDED TRADER BY ALPHA CHAIN PROPRIETARY FIRM , alphachain TRADING RULES, PROFIT SPLIT, MAX ALLOCATION, EVALUATION/ CHALLENGE.

About Alphachain Prop Firm

AlphaChain Proprietary firm like many others uses a variety of short- to medium-term quantitative trading strategies across numerous asset classes, leveraging machine learning, statistical modeling methods, and other financial instruments.

If you are new to the term “prop firm”, I recommend you read our previous article on what prop firm is here

The Alphachain Academy’s programs have been created for aspiring and inexperienced traders with the goal of developing, mentoring, and growing a new generation of exceptional prop traders from various backgrounds who aspire to become prop traders with Alphachain Traders. For seasoned traders, they provide cutting-edge trading technology, capital for investments, and a supportive trading atmosphere that fosters success.

ALPHA FUNDED TRADER 

This course is for you if you want to become a financed trader and have already had some trading success. To get a guaranteed $15k funded account within 24 hours, just apply for Alphachain Funded Trader Program. You will increase your trading capital to a maximum of $1 million each time you meet your goal.

The potential earning is enormous because you will have an industry-best set drawdown limit of 10% and will get 50% of any gains you generate from trading. The benefits are;

  • $15k Funded Account
  • Capital Increases At Each Target Level
  • 10% Fixed Drawdown Limit
  • 50% Profit Split

How to get AlphaChain Trader Account (Account size )

A potential funded trader typically needs to join in an evaluation program or training course and pass a final exam that gauges their abilities. AlphaChain then makes you an offer to start a proprietary-funded trading account if you meet the requirements.

Alpha Funded Trader $5K Evaluation Scaling Plan

AlphaChain provides two ways to fund their trading account, which is either through an evaluation account or direct funding. The Evaluation path requires you to start trading with a smaller account size ( 5k and 10k) before increasing it once you have reached your goal. The Direct Funding( 15 and 20k) option, however, enables you to start with a higher account balance right away and begin earning money from your profits.

Alpha Funded Trader (AFT) Option: $5K Evaluation – 50% Profit Share

$5K Evaluation Account Size Maximum Exposure (Lots) Max DD % Target %
Stage 1 $5,000 0.25 Lots 5 6
Stage 2 $20,000 1 Lots 10 10
Stage 3 $40,000 2 Lots 10 10
Stage 4 $80,000 4 Lots 10 10
Stage 5 $160,000 8 Lots 10 10
Stage 6 $320,000 16 Lots 10 10
Stage 7 $640,000 32 Lots 10 10
Stage 8 $1,280,000 64 Lots 10 10

 

Alpha Funded Trader $10K Evaluation Scaling Plan

Alpha Funded Trader (AFT) Option: $10K Evaluation – 50% Profit Share

$10K Evaluation Account Size Maximum Exposure (Lots) Max DD % Target %
Stage 1 $10,000 0.5 lots 5 6
Stage 2 $40,000 2 lots 10 10
Stage 3 $80,000 4 lots 10 10
Stage 4 $160,000 8 lots 10 10
Stage 5 $320,000 16 lots 10 10
Stage 6 $640,000 32 lots 10 10
Stage 7 $1,280,000 64 lots 10 10

AlphaChain Direct Funding

You do not have to demonstrate your competence on the assessment account if you choose the direct funding option! Start trading right immediately on a trading account that is fully funded to begin collecting your portion of the profits!

Alpha Funded Trader $15K Direct Funding Scaling Plan

Alpha Funded Trader (AFT) Option: $15K Direct Funding – 50% Profit Share

$10K Evaluation Account Size Maximum Exposure (Lots) Max DD % Target %
Stage 1 $15,000 0.5 lots 5 6
Stage 2 $30,000 2 lots 10 10
Stage 3 $60,000 4 lots 10 10
Stage 4 $120,000 8 lots 10 10
Stage 5 $240,000 16 lots 10 10
Stage 6 $480,000 32 lots 10 10
Stage 7 $960,000 64 lots 10 10

Alpha Funded Trader $20K Direct Funding Scaling Plan

Funded Trader (AFT) Option: $20K Direct Funding – 50% Profit Share

1$10K Evaluation Account Size Maximum Exposure (Lots) Max DD % Target %
Stage 1 $20,000 1 lots 10 10
Stage 2 $40,000 2 lots 10 10
Stage 3 $80,000 4 lots 10 10
Stage 4 $160,000 8 lots 10 10
Stage 5 $320,000 16 lots 10 10
Stage 6 $640,000 32 lots 10 10
Stage 7 $1,280,000 64 lots 10 10
$15kStarting Balance
One-time setup fee of £795 (inc VAT
  • Leverage: 1/100
  • Max Lot Size: 0.75 lots
  • Initial Target: 10% (at each level)
  • Max Drawdown:10% max (based on starting balance)
  • Profit Split: 50%
  • Weekly risk limit: 5%

$20kStarting Balance

  •  One-time setup fee of £999 (inc VAT)
  • Leverage: 1/100
  • Max Lot Size: 1 lots
  • Initial Target: 10% (at each level)
  • Max Drawdown:10% max (based on starting balance)
  • Profit Split: 50%
  • Weekly risk limit: 5%

AlphaChain Maximum Drawdown

A predetermined maximum drawdown amount is 10% from the original starting balance. Losses from the initial balance (or the lowest account equity value of $13,500) cannot be greater than $1500. Both closed and open opportunities are included.

A fundamental risk management principle will be broken by exceeding the Max Drawdown, and therefore your account will be closed.

Is AlphaChain Capital a scam?

The company AlphaChain Capital is a registered prop firm with verifiable operations and payouts. They are credible organizations with positive ratings on their training academy as well as the prop firm sector.

Please read the reviews by other traders on the organization below.

AlphaChain Trader Reviews

Below is a Review/ testimony from Alpha Traders who partook in the AlphaChain program.

AlphaChain FAQ’s

What is AlphaChain Profit split once on a live funded account?

The 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.

What platform will I trade on?

AlphaChain traders has access to a customized Metatrader 4 (MT4) trading platform. With institutional leverage of 1:100, which is the market leader. In order to guarantee the best trading fees and conditions for their traders, they don’t use brokers but rather go directly to the biggest liquidity providers.

Once I sign up how long before I get my trading account and the challenge starts?

In most cases, your new financed accounts’ login information is sent to you within a day. Please be aware that before the account can be setup, you must pay and sign the contract.

How do I receive my trading profits?

When you meet the profit goal, you can withdraw your profits. Once the target has been reached, i advise you to stop trading and email support@alphachain.co.uk with your trading account number to request an account review. To request payment from Alphachain, a bill must be sent to them. Please give the payment process up to 7 working days.

Am I liable for any of the losses?

No, there is zero risk with the Alpha Funded Trader product! As a result, you can trade without worrying about losing your personal money because you won’t be held responsible for any losses that occur during the process.

Minimum Active Trading Days

To advance to the next capital level, you must have 30 days of continuous trading. Your aim can be attained at any time. The day you open a position is what constitutes a trading day. One trading day, for instance, is when a trader opens a position on Monday and closes it on Tuesday.

Tradable Asset List

Of all prop trading firms, AlphaChain provides the broadest selection of tradeable assets. Global FX majors, commodities, and equity indexes are all available for trading. The complete list of approved marketplaces will be given to you after your application has been approved.

Can I trade during major news or data releases?

Positions can be reopened 30 minutes after important news or data releases and must be closed during such times. The Bank of England (BoE) rate decision and speech, US Non-Farm Payrolls (NFPs), Federal Reserve rate decision, etc. are a few examples of this type of release. Any open positions during this time frame will violate the risk management guidelines, which may lead to account closure. Additionally, any profits gained during this time will not be remitted or count toward your target.

Can I hold trades overnight?

Yes, overnight trading is permitted throughout the weekdays between Monday and Friday (excluding bank holidays).

Can I buy an Expert Advisor (EA) and apply it to my funded account?

The application of EAs to funded account is not permitted by AlphaChain. Popular EAs purchased from markets have no real-world track record and cannot be modified to account for current market conditions, which puts the company at danger. You may, however, be allowed to use an EA that you created yourself. Please send an email to support@alphachain.co.uk if you have any queries for EAs.

HQ – 43 Berkeley Square, Mayfair, London, W1J 5AP

020 7097 3984

info@alphachain.co.uk

AlphaChain Trader Education

Regardless of prior expertise, AlphaChain provides a variety of Funded Trader Programs to assist potential prop traders in succeeding with Zero Payment Plan. The financed trading courses gives you in-depth training in a variety of financial markets, including day trading, forex, and cryptocurrencies, while undergoing the proram which runs for 3 months, you would be given a Live account to trade with. Below are the list of programs;

CRYPTOCURRENCY ALGORITHMIC TRADER PROGRAM

The theoretical underpinnings of bitcoin markets are covered in the Cryptocurrency Trader Program, along with gaining coding abilities for fully automated financial model implementation. From a coding standpoint, you will discuss the fundamental technical tools and tactics as well as how to create trading system.

The practical components of the course involve back testing, trade planning, and strategy creation after which you will be given a strategy assignment to complete as part of the program, where you must demonstrate the abilities gained during the project.

GLOBAL TRADER PROGRAM

or new applicants looking to learn as sponsored proprietary traders with Alphachain Traders, a three-month immersive and organized vocational training program is offered under the name Global Trader.

The Global Trader program offers gifted individuals a one-of-a-kind chance to get extensive expertise and real-world experience trading actual capital in a top proprietary trading firm.

ALGORITHMIC TRADER PROGRAM

Your $20k live trading account is provided by the Algorithmic Trader Program. You will receive all the instruction and information required to create, test, and use algorithmic trading methods to profitably trade this capital, along with 50% of any gains. Although not required, coding experience is useful.

the cost fee for this course is £3,420. You will have access to a thorough training curriculum, which teaches you how to create, test, and use custom indicators and algorithmic trading methods in Trading.

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