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OneFunded vs Alpha Trader: Prop Firm Comparison

Compare OneFunded and Alpha Trader, two prop firms available on TradeLocker. This guide breaks down pricing, challenge structure, profit targets, drawdowns, leverage, and trading rules to help you choose the right prop firm. Both OneFunded and Alpha Trader offer refundable challenge fees for selected programs.


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Quick Comparison

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Challenge type

2 Step Challenge
2 Step Challenge

Final price

$27.00
$31.60

Account size

10K
10K

Steps

2
2

Payout frequency

Weekly
Other

Platform

TradeLocker
TradeLocker

Challenge fee refundable

Yes
Yes

Pricing Comparison: OneFunded vs Alpha Trader

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

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Base price

$30.00
$79.00

Discount

10% (TRADELOCKER10)
60% (NEW60)

Final price

$27.00
$31.60

Refundable fee

100% with the first payout
OneStep Accounts & 2-Step Accounts have Refundable Fees.

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

Want to review the full challenge pricing details?

View OneFunded challenge pricingView Alpha Trader challenge pricing

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Risk & Profit Rules Comparison: OneFunded vs Alpha Trader

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

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Profit split

90%
100%

Profit target (Step 1)

6%
10%

Profit target (Step 2)

6%
5%

Max daily loss

4%
5%

Max total drawdown

8%
10%

Drawdown type

Daily Reset

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

Trading Period & Time Limits: OneFunded vs Alpha Trader

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

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Minimum trading days

4 days
0

Maximum trading days

Unlimited
Unlimited

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

Leverage by Asset Class: OneFunded vs Alpha Trader

This section compares the leverage limits available across different asset classes for the selected default challenges from OneFunded 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.

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Forex leverage

1:100

1:25

Crypto leverage

1:2

1:1

Indices leverage

1:30

1:10

Commodities leverage

1:30

1:10

Stocks leverage

1:2

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

Trading Permissions & Flexibility: OneFunded vs Alpha Trader

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

OneFunded Logo

OneFunded

Alpha Trader Logo

Alpha Trader

Balance scaling

Yes

Trading bots allowed

Yes

Copy trading allowed

Yes
Yes

News trading allowed

News Trading allowed across all stages, but trades during high-impact news (5 minutes before and after) are monitored. Suspicious behavior may result in warnings or account termination.
https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

Challenge fee refundable

Yes
Yes

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

Next Steps: Explore Challenges on TradeLocker

If you're still comparing, you can explore more prop firms and side-by-side comparisons available on TradeLocker.

Frequently Asked Questions

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