Alpha Swing Plan
The Alpha Swing plan is designed for traders who prefer longer-term strategies, with relaxed rules on news trading and weekend holds. This plan provides flexibility, making it ideal for traders who need more freedom in their trading approach.
Key Features
Profit Targets & Drawdown Limits:
· Phase 1 profit target: 10%
· Phase 2 profit target: 5%
· Max Drawdown: 10%
· Max Daily Drawdown: 5%
Leverage & Lot Exposure:
The Alpha Swing plan offers a leverage of 1:30 across different asset classes, giving traders the power to manage larger positions relative to their account size:
· FX: 1:30
· Metals: 1:9
· Indices: 1:10
· Oil: 1:10
Alongside leverage, the maximum lot exposure on Swing accounts is adjusted based on account size as follows:
5k account: Max 1.25 lots
10k account: Max 2.5 lots
25k account: Max 5 lots
50k account: Max 10 lots
100k account: Max 20 lots
200k account: Max 40 lots
The maximum allocation for the Alpha Swing plan is $400,000, the same as the Pro Plan.
Additional Trading Features:
News Trading: Trading during major news events is allowed, with no restrictions.
Weekend Hold: Traders are allowed to hold positions over the weekend, making this plan suitable for swing trading without the need to close trades before the market closes for the week.