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Forex · Head-to-head

Alpha Capital vs Funded Trader Markets side-by-side comparison

A head-to-head look at Alpha Capital and Funded Trader Markets — both Forex prop firms. Ratings are aggregated from public trader review scores; the stronger value in each row is highlighted.

Key differences

  • A $100K evaluation costs $397 at Alpha Capital versus $600 at Funded Trader Markets.
  • Alpha Capital allows a 5% daily loss limit — more intraday room than Funded Trader Markets's 4%.
  • Payouts run every 14 days at Alpha Capital and on demand once eligible: 5 trading days with 0.5%+ profit and at least 1% of the initial balance in profit; paid within 24 business hours at Funded Trader Markets.
  • Funded Trader Markets funds accounts up to $300K, versus $200K at Alpha Capital.
  • Platform lineups differ: only Alpha Capital offers DXTrade and MT5, while MetaTrader 5 and Match-Trader are exclusive to Funded Trader Markets.

Which fits comes down to priorities: a cheaper $100K evaluation favors Alpha Capital, while larger funded accounts points to Funded Trader Markets.

Ratings & reputation

Overall rating
4.4
—
Community rating
4.4 / 5 · 1,130 reviews
—
Community following
43,125
—

Pricing & accounts

Max profit split
90%
90%
Starting price
$27
$43
Largest account
$200K
$300K
Programs
48
28

Rules & targets

Profit target
10%
10% (1 Step Nitro); 8% + 5% (2 Step Plus); none on Instant
Drawdown type
—
Trailing (1 Step Nitro, Instant) / Static (2 Step Plus)
Max drawdown
10%
10%
Daily drawdown
5%
4%
News (challenge)
—
Allowed in every program; news scalping within seconds of high-impact releases is prohibited
News (funded)
—
Allowed in every program; news scalping within seconds of high-impact releases is prohibited
Consistency rule
—
1 Step Nitro: 50% of the target per day, then 45% funded; Instant: 15% of total profit; 2 Step Plus: none
Min trading days
—
None on 1 Step Nitro, 3 per phase on 2 Step Plus; 5 profit days of 0.5%+ before every program's first reward
Restrictions
—
Prohibited: HFT, tick scalping, arbitrage (incl. latency and reverse), news scalping in seconds around high-impact releases, hedging or reverse trading across your own or other firms' accounts, copy or group trading, account management or passing services, account sharing and emulators. Profits from trades under 1 minute are voided on funded accounts. Martingale only within one account. Accounts close after 30 days without activity.
BTC leverage
—
1:5

Payouts & costs

Payout cycle
Every 14 days
On demand once eligible: 5 trading days with 0.5%+ profit and at least 1% of the initial balance in profit; paid within 24 business hours
Processing time
—
Within 24 business hours, guaranteed on rewards up to $1,000 (FTM doubles the reward if late). USDT (TRC20) or Rise (crypto or bank); crypto rewards carry a 5% processing fee
First payout
14 days
On demand after 5 profit days
Refund
—
14-day money-back window on accounts that have not been traded; otherwise fees are non-refundable. Evaluation fees come back as a bonus with your third reward (not on Instant Funding).
Commission / lot
—
$7 per lot on forex, metals and commodities; none on indices or crypto. Swap-free on every instrument.

Platforms & markets

Platforms
cTraderDXTradeMT5TradeLocker
MetaTrader 5cTraderMatch-TraderTradeLocker
Markets
ForexMetalsIndicesEnergies
ForexMetalsCommoditiesIndicesCrypto

Company

Headquarters
United Kingdom
Nicosia, Cyprus
Founded
2021
—
Chief executive
Andrew Blaylock and George Kohler
—
Experience
4 years
—

Check their payout stats, verified on-chain:

Alpha Capital payoutsFunded Trader Markets payouts

Compare their exact account models

Alpha Capital and Funded Trader Markets each sell several account models, and price, drawdown, consistency rules and payouts differ between them. These line up the products themselves rather than the companies.

Alpha Capital vs Funded Trader Markets: common questions

Answered from the comparison data on this page.