Alpha Trader vs Trading Funds: Prop Firm Comparison

Here's a detailed look at the entry costs for Alpha Trader and Trading Funds. Final prices include any active discounts. All pricing information is accurate as of today's date.

Alpha Trader

Trading Funds

Base price

$599.00

$800.00

Discount

60% (NEW60)

-$791.00

Final price

$239.60

$9.00

Refundable fee

OneStep Accounts & 2-Step Accounts have Refundable Fees.

Refundable Fee For 1 and 2-step challenges

Trading Funds has a lower entry price than Alpha Trader for the selected challenges.

This section compares profit targets, profit splits, and risk limits for the selected default challenges from Alpha Trader and Trading Funds. Risk parameters may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

Trading Funds

Profit split

100%

60%

Profit target (Step 1)

8%

8%

Max daily loss

3%

4%

Max total drawdown

6%

8%

Drawdown type

Daily Reset

Trailing Drawdown

Alpha Trader offers a higher profit split than Trading Funds for the selected challenges. Trading Funds allows a higher daily loss limit than Alpha Trader for the selected challenges.

This section compares the minimum and maximum trading day requirements for the selected default challenges from Alpha Trader and Trading Funds. Trading time limits may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

Trading Funds

Minimum trading days

5

2

Maximum trading days

Unlimited

Unlimited

Trading Funds allows fewer minimum trading days before challenge completion than Alpha Trader.

This section compares the leverage limits available across different asset classes for the selected default challenges from Alpha Trader and Trading Funds. Leverage availability and limits may vary by instrument or program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

Trading Funds

Forex leverage

1:25

1:10

Crypto leverage

1:1

1:2

Indices leverage

1:10

1:10

Commodities leverage

1:10

1:10

Stocks leverage

—

—

Alpha Trader and Trading Funds offer different leverage limits across asset classes for the selected challenges. Review the table above to see how each firm compares.

This section compares trading permissions and operational rules for the selected default challenges from Alpha Trader and Trading Funds. Permissions may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

Trading Funds

Balance scaling

Yes

Yes

Trading bots allowed

—

Yes

Copy trading allowed

Yes

Yes

News trading allowed

https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

Yes, you can trade the news. No restrictions. Full freedom.

Challenge fee refundable

Yes

Yes

Trading permissions differ between Alpha Trader and Trading Funds—check the table above for specific allowances.