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Forex prop firm

Alpha Funded Review

Dubai forex prop firm: 1-Step, 2-Step and Instant Funding from $10K to $500K, up to 100% split, refundable fees

Max profit split
100%
Challenges from
$95
Largest account
$500K
Payouts
Every 30 days
First payout
30 days after the first funded trade

How Alpha Funded compares

Strengths

  • Up to a 100% profit split — higher than the 80% median among the 25 forex firms we track.
  • A 5% daily loss limit gives more intraday room than the 4% typical of the 25 forex firms we track.
  • Overall drawdown is capped at 10%, more room than the 6% median among the 25 forex firms we track.
  • Funds accounts up to $500K — larger than the typical ceiling among the 25 forex firms we track.

Trade-offs

  • Entry starts at $95 — above the typical starting price among the 25 forex firms we track.

Alpha Funded suits traders who value a higher profit split, more daily-loss headroom, more overall drawdown room and larger funded accounts; the trade-off is a higher entry price.

Ratings

Capital Critic ratingNo reviews yetA rating appears once Alpha Funded has 10 reviews.
Review Alpha Funded

The Capital Critic rating comes from reviews traders leave on this page; the other scores are aggregated from public trader review scores, verified .

About Alpha Funded

Alpha Funded, formerly Alpha Trader, is a forex prop firm run by Alpha Tech LLC in Dubai since 2022. It sells two-step Classic and Standard challenges, one-step Lite and PRO challenges, and Instant Funding accounts from $10,000 to $500,000 for a one-time fee, on TradeLocker and Match-Trader. Challenge accounts pay 100% every 30 days (80% on the first payout) and refund the fee with the first payout, while Instant Funding pays 80% to 90%. Funded accounts scale by 50% every 60 days up to $4,000,000, and payouts go out through Rise, crypto or ACH within 24 hours.

Headquarters
Dubai, United Arab Emirates
Founded
2022
Max profit split
100%
Starting price
$95
Largest account
$500K
Payout frequency
Every 30 days
First payout
30 days after the first funded trade
Profit target
2-Step: 10% then 5%; 1-Step: 10% (Lite) or 8% (PRO); none on Instant Funding
Max drawdown
10%
BTC leverage
1:3
Drawdown model
Challenges: 10% static (6% on 1-Step PRO) plus 5% (2-Step) or 3% (1-Step) daily from the higher of start-of-day balance or equity. Instant Funding: 5% trailing plus 3% daily

Platforms

TradeLockerMatch-Trader

Markets

ForexIndicesMetalsEnergiesCrypto

Challenges & pricing

Alpha Funded's cheapest plan is a $10,000 1-step account at $95; the largest funded account is $500,000 ($6,000). In total Alpha Funded lists 43 plan configurations across 6 account models, with profit splits up to 100%.

Alpha Funded's 2-Step Classic runs from a $10,000 2-step account at $120 up to $400,000 at $3,600, with a profit split of 100%.

Swipe for more

About the 2-Step Classic program

Rules that apply to every account size above.

In detail
Profit split100% on the 30-day cycle (80% on the first payout); 80% weekly or 90% on-demand with an add-on
Evaluation
Min trading daysNone in either phase or funded
Funded account
Funded drawdownSame 5% daily and 10% static; open losses capped at 3% of the balance
Consistency ruleNone in the challenge
Consistency rule (funded)Best day 30% or less of lifetime realized profit to withdraw
Max allocationUp to $4,000,000 across all Alpha Funded accounts, scaling included
Scaling planEvery 60 days of funded trading with payouts and no breaches, the account grows by 50% of its original size, up to $4,000,000; the split stays the same. Not on free, $5K or promo accounts
Payouts
Payout frequencyEvery 30 days; weekly or on-demand with an add-on
First payout30 days after the first funded trade
Processing timeWithin 24 hours of approval; trading pauses while a request is reviewed
Min days to payout30 days from the first funded trade (7 with the weekly add-on)
Max payoutNo profit cap; on $300K and $400K funded accounts the first 3% of profit stays in the account
Refund policyChallenge fee refunded in full after the first successful payout on every 2-Step, 1-Step Lite and 1-Step PRO account. No refund on Instant Funding, Pay Later, reset or promo accounts, or on add-ons
Trading rules
Weekend holdingAllowed on accounts bought from 1 Jan 2026, every program and size
Overnight holdingAllowed
HedgingProhibited, within one account and across accounts
Copy tradingAllowed only between accounts you own, including at other firms; no signal services or copying anyone else
Expert advisorsProhibited: every trade must be placed by hand, in the challenge and funded
Other restrictionsProhibited: EAs and any automated trading (every trade placed by hand), HFT, grid, martingale, tick scalping, latency or reverse arbitrage, hedging within one account or across accounts, signal services, account management, trading delayed charts or feed errors, and excessive risk. Open losses may never exceed 3% of the balance (1% on Instant Funding). Not available in Cuba, Iran, North Korea, Syria, Russia, India, China or Myanmar, or to sanctioned persons.
Access
PlatformsTradeLocker, Match-Trader
Payout methodsRise, Crypto, ACH

Check this firm’s payout stats, verified on-chain:

Alpha Funded payouts

Alpha Funded FAQs

Answers sourced from Alpha Funded’s own help center.

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