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Upcomers vs Alpha Trader: Prop Firm Comparison

Compare Upcomers 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 Upcomers and Alpha Trader offer refundable challenge fees for selected programs.


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Quick Comparison

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Challenge type

2 Step Challenge
2 Step Challenge

Final price

$89.75
$99.60

Account size

25K
25K

Steps

2
2

Payout frequency

On demand
Other

Platform

TradeLocker
TradeLocker

Challenge fee refundable

Yes
Yes

Pricing Comparison: Upcomers vs Alpha Trader

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

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Base price

$359.00
$249.00

Discount

75% (TRADELOCKER)
60% (NEW60)

Final price

$89.75
$99.60

Refundable fee

The registration fee will be refunded along with your third payout.
OneStep Accounts & 2-Step Accounts have Refundable Fees.

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

Want to review the full challenge pricing details?

View Upcomers challenge pricingView Alpha Trader challenge pricing

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Risk & Profit Rules Comparison: Upcomers vs Alpha Trader

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

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Profit split

99%
100%

Profit target (Step 1)

3%
10%

Profit target (Step 2)

5%
5%

Max daily loss

4%
5%

Max total drawdown

10%
10%

Drawdown type

Static Drawdown
Daily Reset

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

Trading Period & Time Limits: Upcomers vs Alpha Trader

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

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Minimum trading days

3
0

Maximum trading days

Unlimited
Unlimited

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

Leverage by Asset Class: Upcomers vs Alpha Trader

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

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Forex leverage

1:100

1:25

Crypto leverage

1:30

1:1

Indices leverage

1:30

1:10

Commodities leverage

1:30

1:10

Stocks leverage

1:30

Upcomers 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: Upcomers vs Alpha Trader

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

Upcomers Logo

Upcomers

Alpha Trader Logo

Alpha Trader

Balance scaling

Yes
Yes

Trading bots allowed

Yes

Copy trading allowed

Yes
Yes

News trading allowed

Allowed in all phases, including funded phase
https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

Challenge fee refundable

Yes
Yes

Trading permissions differ between Upcomers 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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