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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.
Quick Comparison

OneFunded

Alpha Trader
Challenge type
Final price
Account size
Steps
Payout frequency
Platform
Challenge fee refundable
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

Alpha Trader
Base price
Discount
Final price
Refundable fee
OneFunded has a lower entry price than Alpha Trader for the selected challenges.
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

Alpha Trader
Profit split
Profit target (Step 1)
Profit target (Step 2)
Max daily loss
Max total drawdown
Drawdown type
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

Alpha Trader
Minimum trading days
Maximum trading days
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

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

Alpha Trader
Balance scaling
Trading bots allowed
Copy trading allowed
News trading allowed
Challenge fee refundable
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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