E8 Markets vs Alpha Trader: Prop Firm Comparison

Here's a detailed look at the entry costs for E8 Markets and Alpha Trader. Final prices include any active discounts. All pricing information is accurate as of today's date.

E8 Markets

Alpha Trader

Base price

$488.00

$599.00

Discount

—

60% (NEW60)

Final price

$488.00

$239.60

Refundable fee

—

OneStep Accounts & 2-Step Accounts have Refundable Fees.

Alpha Trader has a lower entry price than E8 Markets for the selected challenges.

This section compares profit targets, profit splits, and risk limits for the selected default challenges from E8 Markets and Alpha Trader. Risk parameters may vary by program, but the table below reflects the currently selected challenges for each firm.

E8 Markets

Alpha Trader

Profit split

80%

100%

Profit target (Step 1)

9%

8%

Max daily loss

4%

3%

Max total drawdown

6%

6%

Drawdown type

—

Daily Reset

Alpha Trader offers a higher profit split than E8 Markets for the selected challenges. E8 Markets 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 E8 Markets and Alpha Trader. Trading time limits may vary by program, but the table below reflects the currently selected challenges for each firm.

E8 Markets

Alpha Trader

Minimum trading days

1

5

Maximum trading days

Unlimited

Unlimited

E8 Markets 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 E8 Markets and Alpha Trader. Leverage availability and limits may vary by instrument or program, but the table below reflects the currently selected challenges for each firm.

E8 Markets

Alpha Trader

Forex leverage

1:30

1:25

Crypto leverage

1:1

1:1

Indices leverage

1:15

1:10

Commodities leverage

1:15

1:10

Stocks leverage

—

—

E8 Markets and Alpha Trader 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 E8 Markets and Alpha Trader. Permissions may vary by program, but the table below reflects the currently selected challenges for each firm.

E8 Markets

Alpha Trader

Balance scaling

—

Yes

Trading bots allowed

Yes

—

Copy trading allowed

Yes

Yes

News trading allowed

News trading is allowed on evaluation, however In an E8 Trader account during the release of high-impact news, a prohibition period will be enforced. This period will commence 5 minutes before the scheduled news release and extend for 5 minutes after the release.

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

Challenge fee refundable

—

Yes

Trading permissions differ between E8 Markets and Alpha Trader—check the table above for specific allowances.