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Forex · Head-to-head

Alpha Funded vs FundingPips side-by-side comparison

A head-to-head look at Alpha Funded and FundingPips — 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 $422 at FundingPips versus $800 at Alpha Funded.
  • Alpha Funded offers up to a 100% profit split, ahead of FundingPips's 95%.
  • Alpha Funded allows a 5% daily loss limit — more intraday room than FundingPips's 3%.
  • Overall drawdown is capped at 10% at Alpha Funded, versus 6% at FundingPips.
  • Payouts run challenge accounts: first payout 30 days after the first funded trade, then every 30 days at 100% (80% on the first). Weekly (80%) and on-demand (90%) payout add-ons at checkout. Instant Funding: every 14 days or on demand at 90%, weekly at 80% at Alpha Funded and bi-weekly at FundingPips.
  • Alpha Funded funds accounts up to $500K, versus $200K at FundingPips.

Which fits comes down to priorities: a higher profit split favors Alpha Funded, while a cheaper $100K evaluation points to FundingPips.

Ratings & reputation

Overall rating
—
4.3
Review score
—
4.5 / 5
Community rating
—
4.2 / 5 · 1,225 reviews
Community following
—
86,930

Pricing & accounts

Max profit split
100%
95%
Starting price
$95
$29
Largest account
$500K
$200K
Programs
43
22

Rules & targets

Profit target
2-Step: 10% then 5%; 1-Step: 10% (Lite) or 8% (PRO); none on Instant Funding
10%
Drawdown type
Static (challenges) / trailing (Instant Funding)
—
Max drawdown
10%
6%
Daily drawdown
5%
3%
News (challenge)
Allowed in every challenge phase, no add-on needed
—
News (funded)
Funded: no trades from 5 minutes before to 5 minutes after high-impact (red-folder) news, all positions closed before it, unless the News Trading Add-On was bought at checkout
—
Consistency rule
None in any challenge. Funded: 30% (2-Step Classic), 35% (1-Step PRO), 20% rising to 40% (Instant Funding); none on the rest
—
Min trading days
None on 2-Step Classic; 3 on 2-Step Standard and 1-Step Lite; 5 on 1-Step PRO; 5 or 7 profitable days on Instant Funding
—
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.
—
BTC leverage
1:3
—

Payouts & costs

Payout cycle
Challenge accounts: first payout 30 days after the first funded trade, then every 30 days at 100% (80% on the first). Weekly (80%) and on-demand (90%) payout add-ons at checkout. Instant Funding: every 14 days or on demand at 90%, weekly at 80%
Bi-weekly
Processing time
Within 24 hours of approval; trading pauses while a request is reviewed
—
First payout
30 days after the first funded trade
—
Refund
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
—

Platforms & markets

Platforms
TradeLockerMatch-Trader
cTraderMatch TraderMT5
Markets
ForexIndicesMetalsEnergiesCrypto
ForexIndicesMetalsEnergiesCryptocurrencies

Company

Headquarters
Dubai, United Arab Emirates
United Arab Emirates
Founded
2022
2022
Chief executive
—
Khaled Ayesh
Experience
4 years
3 years

Check their payout stats, verified on-chain:

Alpha Funded payoutsFundingPips payouts

Compare their exact account models

Alpha Funded and FundingPips 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 Funded vs FundingPips: common questions

Answered from the comparison data on this page.