Frequently Asked Questions

Alpha Kings is a skill-based trading competition platform where traders compete for real USDC prizes!

• • Not a prop firm — no hidden rules, no arbitrary disqualifications
• • Every competition has a winner — guaranteed payouts
• • Trade forex, crypto, indices, and commodities
• • Win real USDC paid directly to your wallet

Think of it like DraftKings for trading — compete, prove your skills, win real money!

Getting started is super quick — takes less than 60 seconds!

1. Click "Get Started" on the homepage
2. Enter your email and create a password
3. Verify your email (check your inbox!)
4. Set up MFA for security (we recommend it!)

That's it! You're ready to start competing or practice trading!

We keep it simple and accessible!

• • 18+ years old
• • Valid email address
• • USDC for entry fees (deposit via Polygon network)
• • Located in an eligible state (some restrictions apply)

Restricted states: AR, CT, DE, LA, SD

No credit checks, no applications, no waiting periods — just sign up and compete!

Practice Mode is your risk-free trading sandbox!

• • $100,000 virtual balance — trade without risking real money
• • Real market prices — same data as live competitions
• • Full trading interface — charts, orders, everything!
• • Reset anytime — start fresh whenever you want

Pro tip: Use Practice Mode to test strategies before entering paid competitions!

No experience required! But it definitely helps

• • Beginners: Start with Practice Mode to learn the ropes
• • Resources: We're building educational content (coming soon!)
• • Small stakes: Start with low entry fee competitions ($5-10)
• • Learn by doing: Real competition experience is the best teacher

Everyone starts somewhere — your trading journey begins here!

We're currently US-focused with plans to expand!

• • Available: Most US states
• • Restricted US states: AR, CT, DE, LA, SD
• • International: Coming soon!

We're working on expanding globally — stay tuned for announcements!

It's simple: enter, trade, win!

1. Browse available competitions — pick one that fits your style
2. Pay the entry fee (Arena Fee included)
3. Receive $100,000 virtual balance when competition starts
4. Trade the allowed assets during the competition window
5. Highest P&L wins the prize pool!

Winner takes all — the trader with the best performance gets the entire prize pool!

We offer a wide range of markets!

• • Forex: EUR/USD, GBP/USD, USD/JPY, and more
• • Crypto: BTC/USD, ETH/USD, SOL/USD (24/7 trading!)
• • Indices: US30, NAS100, SPX500
• • Metals: Gold (XAU/USD), Silver (XAG/USD)
• • Commodities: Oil (WTI, Brent)

Note: Each competition may have specific allowed symbols — check the competition details!

100:1 leverage on most assets!

• • Forex: 100:1 leverage
• • Metals: 100:1 leverage
• • Indices: 100:1 leverage
• • Crypto: May vary by competition

With $100,000 virtual balance and 100:1 leverage, you have serious buying power!

Remember: Higher leverage = higher risk AND higher reward!

Minimal rules — maximum freedom!

• • No daily drawdown limits — unlike prop firms!
• • No maximum drawdown rules — trade your way!
• • No minimum trading days — one good trade can win!
• • No consistency rules — swing for the fences if you want!

Basic rules:

• • Trade only the allowed symbols for that competition
• • All positions auto-close when competition ends
• • No manipulation or abuse of the platform

Highest P&L wins — simple as that!

• • Tracked: Your realized + unrealized P&L
• • Final snapshot: When competition ends
• • Winner: Trader with highest ending equity
• • Payout: Winner gets the entire prize pool!

It's pure skill — no luck, no randomness, just trading performance!

Absolutely!

• • Enter as many competitions as you want
• • Each competition is independent — separate balances
• • Different strategies for different competitions
• • Maximize your winning opportunities!

Just make sure you have enough USDC in your wallet for the entry fees!

Your competition continues — you just can't open new positions!

• • Balance hits $0: You can't open new trades
• • Still in competition: Existing positions stay open
• • Comeback possible: If open positions recover, you're back!
• • Learning experience: Use it to improve your risk management

No extra fees, no penalties — just try again in the next competition!

We use USDC on Polygon — fast and cheap!

1. Go to your Wallet
2. Click "Show QR Code to Deposit"
3. Scan the QR or copy the deposit address
4. Send USDC (Polygon network) from any wallet
5. Funds appear after blockchain confirmation!

ZERO deposit fees — we don't charge you to add funds!

USDC on the Polygon network only!

• • USDC (Polygon) — the only accepted currency
• • Not accepted: USDT, ETH, BTC, other chains
• • Important: Only send to Polygon addresses!

Why USDC on Polygon?

• • Fast: Transactions confirm in seconds
• • Cheap: Fraction of a cent in fees
• • Stable: 1 USDC = $1 USD

Usually under 5 minutes!

• • Blockchain confirmation: ~12 confirmations needed
• • Polygon speed: ~2 second blocks
• • Typical time: 2-5 minutes total
• • Notification: You'll see it in your wallet immediately!

Much faster than bank transfers or credit cards!

Easy withdrawals to any Polygon wallet!

1. Go to your Wallet
2. Enter withdrawal amount
3. Paste your USDC Polygon address
4. Enter your MFA code (security!)
5. Confirm and receive!

Withdrawal fee: 1% (covers blockchain fees + processing)

Super transparent — here's the breakdown!

Deposits	FREE ($0)
Withdrawals	1%

Example: Withdraw $1,000 → You receive $990 (after 1% fee)

We keep fees low because we want you to keep your winnings!

We keep minimums low!

• • Minimum deposit: $5 USDC
• • Minimum withdrawal: $10 USDC
• • No maximum limits — deposit/withdraw as much as you want!

Start small, win big, cash out whenever!

Instant USDC payouts to your wallet!

1. Competition ends → Final rankings calculated
2. Winner announced → You get an email!
3. Prize credited to your Alpha Kings wallet
4. Withdraw anytime to your personal wallet

No waiting weeks like prop firms — your money, your control!

Our simple, fair winner's fee!

• • Victory Fee: 5% of your winnings
• • Only charged when you WIN — we only win when you win!
• • You keep: 95% of your prize

Example:

• • Prize pool: $1,000
• • Victory Fee (5%): $50
• • You receive: $950

Fair, transparent, and aligned with YOUR success!

100% of entry fees go to the prize pool!

• • Entry fees collected from all participants
• • Arena Fee goes to platform operations
• • Remaining amount = Prize pool

Example competition:

• 10 traders × $100 entry = $1,000 collected
• • Arena Fees: 10 × $7 = $70
• • Prize pool: $930

Bigger competitions = Bigger prizes!

Currently winner-take-all!

• • 1st place: Takes the ENTIRE prize pool
• • 2nd place: Nothing (for now)
• • 3rd place: Nothing (for now)

Coming soon: We're planning multi-winner formats!

• • Top 3 payouts
• • Top 10% payouts
• • Team competitions

Immediately! No waiting period!

• • Win a competition → Prize added to wallet instantly
• • Request withdrawal → Processed within minutes
• • Receive USDC → In your personal wallet!

No arbitrary holds, no "payout processing windows" — unlike certain prop firms...

Your money is YOUR money!

Night and day difference!

	Alpha Kings	Prop Firms
Hidden Rules	None	Many
Guaranteed Winner	Always	Never
Drawdown Rules	None	Strict
Payout Speed	Minutes	Days/Weeks

We're a competition platform, not a prop firm trap!

The dirty secret of prop firms:

• • Drawdown rules: One bad trade = disqualified
• • Consistency rules: Can't have "too good" days
• • Time limits: Rush to meet arbitrary deadlines
• • Scaling games: Jump through hoops for more capital
• • Business model: They PROFIT when you FAIL

~90% of prop firm traders never get a payout!

At Alpha Kings, EVERY competition has a winner who gets paid!

NOPE!

• • No daily drawdown limit
• • No maximum drawdown rule
• • No "you hit 5% loss, you're out"
• • No arbitrary disqualifications

Your strategy, your risk management!

Have a bad day? Recover and still win! That's real trading.

NOPE!

• • No "best day can't exceed 30% of profits"
• • No minimum trading days required
• • No "trade X lots per day" requirements
• • One amazing trade CAN win the competition!

Caught a news move and made 50% in one trade? AWESOME!

That's the kind of trading we celebrate, not punish!

YES! ALWAYS!

• • Every competition ends with a winner
• • Someone ALWAYS gets paid
• • Even if everyone loses money → least negative P&L wins!
• • Prize pool is GUARANTEED

Compare to prop firms: Pay $500, fail a rule, get nothing.

At Alpha Kings, the prize money ALWAYS goes to someone!

Trust is earned, not claimed!

• • Blockchain transparency: All payouts verifiable on-chain
• • Clear fee structure: Arena Fee + Victory Fee, that's it
• • Guaranteed payouts: Every competition has a winner
• • Instant withdrawals: Your money when YOU want it
• • No hidden rules: What you see is what you get

We make money from Arena Fees and Victory Fees — NOT from traders failing!

Our success is aligned with YOUR success!

Simple, transparent, no hidden fees!

Fee Type	Amount	When
Deposit Fee	FREE	Never
Arena Fee	$2-$25	On entry
Victory Fee	5%	Only if you WIN
Withdrawal Fee	1%	On withdrawal

No hidden fees. No surprises. Winners keep 95%!

Your ticket to compete!

The Arena Fee is a flat fee charged when you enter a competition. It scales with the entry amount:

$1-$10 entry	$2 Arena Fee
$11-$25 entry	$3 Arena Fee
$26-$50 entry	$5 Arena Fee
$51-$100 entry	$7 Arena Fee
$101-$250 entry	$10 Arena Fee
$251-$500 entry	$15 Arena Fee
$501+ entry	$25 Arena Fee

Covers: Real-time data feeds, platform operations, prize pool security

We only win when YOU win!

• • Victory Fee: 5% of prize winnings
• • Only charged to winners
• • Losers pay nothing extra
• • Winners keep 95%

Example:

This model means we're incentivized to create great competitions — not to make you fail!

ABSOLUTELY NOT!

• • No monthly subscription fees
• • No data fees
• • No platform access fees
• • No account maintenance fees
• • No inactivity fees
• • No surprise charges

What you see is what you pay:

• • Arena Fee when entering
• • Victory Fee when winning
• • Withdrawal fee when cashing out

100% transparent. Always.

WAY more fair!

	Alpha Kings	Typical Prop Firm
Entry Cost	$5-$500+	$50-$1000+
What You Get	Guaranteed prize pool	Maybe nothing
Profit Split	95% to winner	70-80% IF you pass
Monthly Fees	$0	$100-500

At Alpha Kings, your entry fee = your stake in a real competition with real prizes!

Bank-level security!

• • MFA (Multi-Factor Authentication): Required for withdrawals
• • Password encryption: Industry-standard hashing
• • Email verification: Confirms account ownership
• • Session security: Auto-logout on suspicious activity

Pro tip: Enable MFA immediately after signup! It protects your funds.

Easy setup in under 2 minutes!

1. Go to Settings → Security
2. Click "Enable MFA"
3. Scan the QR code with your authenticator app
4. Enter the 6-digit code to verify
5. Save your backup codes! (Important!)

Recommended apps:

• • Google Authenticator
• • Microsoft Authenticator
• • Authy

MFA is REQUIRED for withdrawals — set it up now!

Your funds are protected!

• • USDC stablecoin: 1:1 backed by USD
• • Blockchain-based: Transparent and verifiable
• • Segregated wallets: User funds kept separate
• • MFA protection: Extra layer for withdrawals

Unlike prop firms:

• • Your entry fees go to real prize pools
• • Payouts happen on blockchain (verifiable!)
• • No "sorry, you violated a rule" rejections

Yes! 100% transparency!

• • Every withdrawal: Has a transaction hash (txHash)
• • Verify on PolygonScan: Search your transaction
• • Public record: Anyone can verify payouts happened
• • Winner payouts: All recorded on-chain

How to verify:

1. Copy the txHash from your transaction history
2. Go to polygonscan.com
3. Paste the hash and view the transaction

Blockchain = trustless transparency!

All modern browsers work great!

• • Chrome: Recommended (best performance)
• • Firefox: Fully supported
• • Safari: Fully supported
• • Edge: Fully supported
• • Internet Explorer: Not supported (it's 2026!)

Pro tip: Use the latest browser version for best experience!

Yes! Fully responsive design!

• • Mobile browsers: Full functionality
• • Trading charts: Optimized for touch
• • Wallet: Deposit/withdraw on the go
• • Competitions: Browse and enter anywhere

Coming soon: Native iOS and Android apps!

Fresh start in one click!

1. Go to Practice Mode (/trade/PRACTICE)
2. Click the "Reset" button in the banner
3. Confirm the reset in the modal
4. Back to $100,000!

What gets reset:

• • Balance → $100,000
• • All practice trades deleted
• • Stats cleared

Perfect for testing new strategies!

We're here to help!

• • Email: support@alphakings.io
• • Live chat: Coming soon!
• • Help center: You're looking at it!

Response times:

• • General questions: Within 24 hours
• • Urgent issues: Within 4 hours
• • Payment issues: Priority handling

We actually read and respond to every message!