
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
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.
Platforms
Markets
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%.
About the 2-Step Classic program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 100% on the 30-day cycle (80% on the first payout); 80% weekly or 90% on-demand with an add-on |
| Evaluation | |
| Min trading days | None in either phase or funded |
| Funded account | |
| Funded drawdown | Same 5% daily and 10% static; open losses capped at 3% of the balance |
| Consistency rule | None in the challenge |
| Consistency rule (funded) | Best day 30% or less of lifetime realized profit to withdraw |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | Every 30 days; weekly or on-demand with an add-on |
| First payout | 30 days after the first funded trade |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 30 days from the first funded trade (7 with the weekly add-on) |
| Max payout | No profit cap; on $300K and $400K funded accounts the first 3% of profit stays in the account |
| Refund policy | Challenge 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 holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Alpha Funded's 2-Step Standard runs from a $10,000 2-step account at $100 up to $400,000 at $3,200, with a profit split of 100%.
About the 2-Step Standard program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 100% on the 30-day cycle (80% on the first payout); 80% weekly or 90% on-demand with an add-on |
| Evaluation | |
| Min trading days | 3 days of 0.5%+ profit in each phase and funded |
| Funded account | |
| Funded drawdown | Same 5% daily and 10% static; open losses capped at 3% of the balance |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | Every 30 days; weekly or on-demand with an add-on |
| First payout | 30 days after the first funded trade |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 30 days from the first funded trade (7 with the weekly add-on) |
| Max payout | No profit cap; on $300K and $400K funded accounts the first 3% of profit stays in the account |
| Refund policy | Challenge 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 holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Alpha Funded's 1-Step Lite runs from a $10,000 1-step account at $120 up to $400,000 at $3,600, with a profit split of 100%.
About the 1-Step Lite program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 100% on the 30-day cycle (80% on the first payout); 80% weekly or 90% on-demand with an add-on |
| Evaluation | |
| Min trading days | 3 days of 0.5%+ profit, challenge and funded |
| Funded account | |
| Funded drawdown | Same 3% daily and 10% static; open losses capped at 3% of the balance |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | Every 30 days; weekly or on-demand with an add-on |
| First payout | 30 days after the first funded trade |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 30 days from the first funded trade (7 with the weekly add-on) |
| Max payout | No profit cap; on $300K and $400K funded accounts the first 3% of profit stays in the account |
| Refund policy | Challenge 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 holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Alpha Funded's 1-Step PRO runs from a $10,000 1-step account at $95 up to $400,000 at $3,200, with a profit split of 100%.
About the 1-Step PRO program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 100% on the 30-day cycle (80% on the first payout); 80% weekly or 90% on-demand with an add-on |
| Evaluation | |
| Min trading days | 5 days of 0.5%+ profit in the challenge; none funded |
| Funded account | |
| Funded drawdown | Same 3% daily and 6% static |
| Consistency rule | None in the challenge |
| Consistency rule (funded) | Best day 35% or less of lifetime realized profit to withdraw |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | Every 30 days; weekly or on-demand with an add-on |
| First payout | 30 days after the first funded trade |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 30 days from the first funded trade (7 with the weekly add-on) |
| Max payout | No profit cap; on $300K and $400K funded accounts the first 3% of profit stays in the account |
| Refund policy | Challenge 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 holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Alpha Funded's Instant Funding runs from a $10,000 instant-funding account at $149 up to $500,000 at $6,000, with no profit target and a profit split of 90%.
About the Instant Funding program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 90% every 14 days or on demand; 80% with the weekly add-on; 100% split add-on available |
| Evaluation | |
| Min trading days | 5 days of 0.5%+ profit (7 on accounts bought before 26 Jul 2026) |
| Funded account | |
| Funded drawdown | 3% daily and 5% trailing; open losses capped at 1% of the balance |
| Consistency rule | Best day under 20% of lifetime profit for the 1st payout, 25%, 30%, 35%, then 40% from the 5th |
| Consistency rule (funded) | Best day under 20% of lifetime profit for the 1st payout, 25%, 30%, 35%, then 40% from the 5th |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | Every 14 days or on demand; weekly with an add-on |
| First payout | After 5 profitable days; 14-day cycle |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 5 profitable days of 0.5%+ |
| Max payout | No profit cap; the first 3% of profit stays in the account |
| Refund policy | No refund: Instant Funding fees are excluded from the refund program |
| Trading rules | |
| Weekend holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Alpha Funded's Instant Funding PRO runs from a $10,000 instant-funding account at $298 up to $400,000 at $5,400, with no profit target and a profit split of 80%.
About the Instant Funding PRO program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit split | 80% on standard on-demand payouts |
| Evaluation | |
| Min trading days | 7 days of 0.5%+ profit (10 on accounts bought before 1 Oct 2026) |
| Funded account | |
| Funded drawdown | 3% daily and 5% trailing; open losses capped at 1% of the balance |
| Consistency rule | None |
| Consistency rule (funded) | None |
| Max allocation | Up to $4,000,000 across all Alpha Funded accounts, scaling included |
| Scaling plan | Every 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 frequency | On demand |
| First payout | On demand after 7 profitable days |
| Processing time | Within 24 hours of approval; trading pauses while a request is reviewed |
| Min days to payout | 7 profitable days of 0.5%+ |
| Max payout | No profit cap; the first 3% of profit stays in the account |
| Refund policy | No refund: Instant Funding fees are excluded from the refund program |
| Trading rules | |
| Weekend holding | Allowed on accounts bought from 1 Jan 2026, every program and size |
| Overnight holding | Allowed |
| Hedging | Prohibited, within one account and across accounts |
| Copy trading | Allowed only between accounts you own, including at other firms; no signal services or copying anyone else |
| Expert advisors | Prohibited: every trade must be placed by hand, in the challenge and funded |
| Other restrictions | Prohibited: 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 | |
| Platforms | TradeLocker, Match-Trader |
| Payout methods | Rise, Crypto, ACH |
Check this firm’s payout stats, verified on-chain:
Alpha Funded payoutsAlpha Funded FAQs
Answers sourced from Alpha Funded’s own help center.
Yes. Alpha Funded is the current name of the firm that traded as Alpha Trader (Alpha Trader Firm). Its help centre and social accounts still use the old name in places. It is run by Alpha Tech LLC in Dubai, UAE, and has been operating since 2022. It is not related to Alpha Capital Group or its Alpha Futures brand.
Six programs. 2-Step Classic and 2-Step Standard are two-phase challenges. 1-Step Lite and 1-Step PRO are one-phase challenges. Instant Funding and Instant Funding PRO skip the evaluation. Challenges come in $10,000, $25,000, $50,000, $100,000, $200,000, $300,000 and $400,000 sizes. Instant Funding also has a $500,000 size. Every fee is one-time.
At list price, a $100,000 account costs $900 for 2-Step Classic, $800 for 2-Step Standard, $900 for 1-Step Lite and $800 for 1-Step PRO. Instant Funding costs $900 and Instant Funding PRO $1,498. Alpha Funded nearly always runs a sale, which at the time of writing takes 50% off up to $200,000 and 60% off from $300,000. Buying several accounts at once takes another 5% to 20% off the extra accounts.
Reach 10% in phase 1 and 5% in phase 2, with no time limit. The daily loss limit is 5% of the higher of your start-of-day balance or equity, and the maximum loss is 10% of the starting balance, static. Classic has no minimum trading days. Standard needs 3 days with at least 0.5% profit in each phase and once funded, but has no funded consistency rule. To withdraw, Classic requires your best day to be 30% or less of your total realized profit.
1-Step Lite has a 10% target, a 3% daily limit, a 10% static maximum loss and 3 minimum trading days, with no consistency rule. 1-Step PRO has an 8% target, a 3% daily limit, a 6% static maximum loss and 5 minimum trading days in the challenge. Once funded, PRO has no minimum days, but your best day must be 35% or less of your total profit to withdraw.
You trade a funded account from day one, with a 3% daily loss limit and a 5% trailing maximum loss. Open losses may never exceed 1% of the balance. Instant Funding pays 90% every 14 days or on demand, after 5 profitable days of at least 0.5%. Its consistency target starts at 20% for the first payout and rises by 5 points per payout to 40%. Instant Funding PRO costs about twice as much, pays 80% on demand, needs 7 profitable days and has no consistency rule. The first 3% of profit stays in the account on both.
On challenge accounts, the first payout comes 30 days after your first funded trade, then every 30 days. The split is 100%, or 80% on the first payout. Add-ons bought at checkout switch to weekly payouts at 80% or on-demand payouts at 90%. Payouts are processed within 24 hours through Rise, crypto or ACH, and trading pauses while a request is reviewed. On $300,000 and $400,000 funded accounts, the first 3% of profit cannot be withdrawn.
Yes, on 2-Step, 1-Step Lite and 1-Step PRO accounts. The original fee is credited back with your first successful payout. Instant Funding, Pay Later, reset and promotional accounts are excluded, as are add-ons and purchases made with special discount codes.
News trading is allowed in every challenge phase. On funded accounts, you may not have a trade open from 5 minutes before to 5 minutes after high-impact news unless you bought the News Trading Add-On. Overnight and weekend holding is allowed on accounts bought from 1 January 2026. Expert advisors and any automated trading are not allowed: every trade must be placed by hand.
Only between accounts you own, including accounts at other prop firms. Copying another trader, signal services, group trading and letting someone else manage your account are prohibited. Hedging within one account or across accounts, grid trading, martingale, tick scalping, arbitrage and high-frequency trading are banned too.
TradeLocker and Match-Trader, chosen at checkout. Leverage is 1:50 on forex, 1:10 on indices and metals, 1:25 on energies and 1:3 on crypto.
Yes, on funded accounts, except free, $5K and promotional ones. Every 60 days of funded trading with payouts and no breaches, the account grows by 50% of its original size. Total allocation is capped at $4,000,000, and your split does not change.
Its services are not offered to residents of Cuba, Iran, North Korea, Syria, Russia, India, China or Myanmar, or to anyone on US, EU or UK sanctions lists.
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