NEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATERNEWPay Later Program — Start any challenge for just $10. Pay only after you pass.PAYLATER
Pay Later Program — Now Live

Trade Now.
Pay Later.

Start your challenge for just $10. Prove your skill first — pay the full fee only after you pass. No financial barrier between you and a funded account.

Trustpilot
4.6/ 5
ExcellentBased on verified reviews
+1MTraders Worldwide
$50K
$349 after pass
Best Value
$100K
$599 after pass
$200K
$999 after pass
Platforms:TradeLockerMetaTrader 5MatchTrader
+ 1M
Traders Worldwide
$50M+
Paid in Rewards
+140
Countries
4.6 / 5
Trustpilot Rating
How It Works

Trade. Prove. Get Funded.

Start earning rewards. All it takes is three steps — and only $10 to begin.

Step 0101

Choose Your Account Size

Select from a $50K, $100K, or $200K account. Pay just $10 to activate your challenge and begin trading immediately.

Entry Fee$10 only
Account Sizes$50K / $100K / $200K
Evaluation1-Step
Step 0202

Pass the 1-Step Challenge

Hit a 4% profit target while respecting the 8% daily drawdown rule. News trading and weekend trading are both fully allowed.

Profit Target4%
Daily Drawdown8%
News TradingAllowed
Time LimitUnlimited
Step 0303

Pay Full Fee & Get Funded

Once you pass, pay the remaining program fee and receive your funded account. Trade our capital and keep 80% of your profits.

Profit Split80%
PayoutsBi-weekly
Scaling PlanUp to $4,000,000
Pricing

Choose Your Account Size

One-time fee — only after you pass. No recurring charges. Only $10 to start.

$50K
$10to start today
Pay after passing
$349
Only charged upon successful completion
Entry Fee$10 only
Profit Target4%
Daily Drawdown8%
Max DrawdownNone
News TradingAllowed
Weekend TradingAllowed
Minimum DaysNone
Time LimitUnlimited
Best Value
$100K
$10to start today
Pay after passing
$599
Only charged upon successful completion
Entry Fee$10 only
Profit Target4%
Daily Drawdown8%
Max DrawdownNone
News TradingAllowed
Weekend TradingAllowed
Minimum DaysNone
Time LimitUnlimited
$200K
$10to start today
Pay after passing
$999
Only charged upon successful completion
Entry Fee$10 only
Profit Target4%
Daily Drawdown8%
Max DrawdownNone
News TradingAllowed
Weekend TradingAllowed
Minimum DaysNone
Time LimitUnlimited
Challenge Rules

Clear Rules. No Surprises.

Transparent conditions for both the evaluation phase and your funded account.

Phase 1

Evaluation

Entry Fee$10 only
Profit Target4%
Daily Drawdown8%
Max DrawdownNone
News TradingAllowed
Weekend TradingAllowed
Minimum DaysNone
Time LimitUnlimited
Funded

Alpha Trader Account

Profit TargetNone
Max Daily Drawdown5%
Max Overall Drawdown8%
News TradingAllowed
Weekend TradingAllowed
Profit Split80%
Payout ScheduleBi-weekly
Scaling PlanUp to $4,000,000
Why Pay Later

The Smarter Way to Get Funded

Every financial barrier between you and a funded account — removed.

💰

Minimal Upfront Cost

Start trading with just $10. No large capital commitment required before you've even proven your edge in the market.

🧠

Prove Skill First

Demonstrate your trading ability before committing financially. The full fee is only collected after you've already proven you can perform.

🛡️

Lower Risk Entry

If you don't pass, you've only risked $10. This dramatically reduces the financial pressure that causes most traders to underperform.

No Financial Pressure

Trade with a clear head. When your financial exposure is minimal, you make better decisions and execute your strategy with full confidence.

🚀

Faster Funding Access

Remove the barrier of saving up hundreds of dollars before starting. Begin immediately and access institutional capital faster than ever.

🏛️

Same Premium Infrastructure

Full access to Alpha Trader's institutional-grade platforms — TradeLocker, MetaTrader 5, and MatchTrader. No compromise on quality.

Real Results

Trusted by Traders Worldwide

Real payouts, real traders, real results. No filters, no scripts.

Trustpilot
4.6 / 5
Excellent
Based on verified reviews
+1M
Traders Worldwide

"Honestly one of the most honest prop firms. They don't hide anything, they are very transparent with their rules and have great customer service."

C
Carlos Zenteno
Verified Trustpilot Review

"Just got my $6,837 payout approved! Thank you Alpha!! Fast payouts, customer service is always on point, and I received my payout without any issues."

E
Ernesto R.
Verified Trustpilot Review

"Amazing prop firm. Easy payout process and fast. Customer support team is great. I have received payments and the whole process is very smooth."

A
Alex Barrientos
Verified Trustpilot Review
FAQ

Got Queries? We've Got Answers.

Everything you need to know about the Pay Later Program.

If you do not pass the evaluation, you only lose the $10 entry fee. The full program fee is never charged unless you successfully complete the challenge. You may restart a new challenge at any time for another $10.

The full fee is only collected after you successfully pass the 1-Step evaluation. Once you pass, you will be prompted to complete the payment — $349 for the $50K account, $599 for the $100K account, or $999 for the $200K account — before your funded account is activated.

Funded traders receive an 80% profit split. Payouts are processed bi-weekly, giving you a reliable and consistent schedule to withdraw your earnings from your funded account.

Payouts are processed on a bi-weekly schedule. Once you submit a payout request, it is reviewed and processed within the standard bi-weekly cycle. There is no minimum payout amount restriction.

Yes. News trading is fully permitted during both the evaluation phase and the funded stage. You can trade through high-impact economic events without any restrictions on your strategy.

Yes. Weekend holdings are allowed in both the evaluation and funded phases. You may hold positions over the weekend without penalty.

The Pay Later Program supports TradeLocker, MetaTrader 5 (MT5), and MatchTrader — the same institutional-grade platforms available across all Alpha Trader challenges.

Get Started

Become Part of
the Trading Elite.

Your skill deserves funding — not upfront fees. Start for $10. Pay only when you win. Keep 80% of your profits.

No large upfront fees · Pay only after passing · 80% profit split · Bi-weekly payouts · Scale to $4,000,000

Alpha Trader Firm LLC provides access to simulated trading environments strictly for educational and evaluative purposes. No live trading occurs, and no real funds are invested, traded, or managed. All activities are demo-based using virtual balances with no cash value. Participation in our challenges does not constitute a financial service or investment opportunity. We do not offer financial advice or facilitate real-market trading. Payments are for platform access only. Use of our services is subject to our Terms & Conditions and Privacy Policy.

© 2025 Alpha Trader Firm LLC. All Rights Reserved.

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