Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

Alpha Futures Alpha Futures
PropEd Capital PropEd Capital
Alpha Futures 7.7 Get Started
PropEd Capital 4.8 Get Started
Overview
Asset Type Futures Futures
Country United Kingdom United States
Established Jul 2024 Sep 2025
Technology Proprietary White-Label
Platforms Trading View, NinjaTrader, Tradovate, Quantower, Alpha Trader, WealthCharts, DeepCharts R | Trader Pro, Rithmic
Trading Rules
Profit Split 90% flat, no tiered system (Zero/Premium/Advanced) Best 80%
Daily Drawdown None (Premium/Advanced), 2% soft Daily Loss Guard (Zero only - locks account until next trading day 6PM ET, does not close account) None (no daily loss limit)
Payout Frequency Up to 4 times a month
Eligible for a withdrawal request after every 5 winning trading days of $200+ profit (non-consecutive allowed); processed within 48 business hours 		Biweekly
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • 3 live account types (Zero/Premium/Advanced), Maximum Loss Limit is EOD trailing and stops trailing once it reaches the starting balance (never resets to $0 on withdrawal), 90% flat profit split from day one on all plans, on-demand payouts up to 4x/month after 5 winning days of $200+, industry-large withdrawal caps (up to $15,000/request on Advanced), Zero plan has $0 activation fee permanently and no consistency rule on evaluation (can pass in 1 day)
  • Fully published catalog: price, profit target, drawdown, withdrawal buffer, consistency, minimum payout and payout cap are listed per plan on /plans and /faq before checkout. One-time fee with no activation fee (the funded account is created automatically on passing). Real-time passing on unrealized P&L: the evaluation passes the moment balance plus open P&L touches the target. EOD-only drawdown with no daily loss limit. Overnight and weekday swing holds allowed (no forced 3:45 PM Eastern close). News trading, scalping, EAs/bots and copy trading permitted. 80% profit split with a 90/10 add-on. Live average payout time of 1 hr 19 min displayed on the homepage with dated payout certificates (most recent 2026-08-03). Free Onyx web platform plus Rithmic data fees covered by the firm. A documented path from sim-funded to a live Ironbeam sub-account after 4 payout cycles. TrustPilot 4.5 from 42 reviews.
Main Drawbacks
  • Zero plan carries a 2% Daily Loss Guard on evaluation and a 40% consistency rule on the Qualified stage; Premium/Advanced Qualified accounts require a $149 one-time activation fee (Premium traders can instead pay a higher monthly evaluation rate to waive it); reset fees required to retry a failed evaluation; legacy Standard plan (tiered 70/80/90% split) was retired May 1, 2026 and is no longer for sale
  • Very new company: Michigan LLC created 2025-09-19 and the TrustPilot profile was only claimed in November 2025, so there is a short track record. Weekend holding is not included, it requires a paid add-on ($16.35 to $194.85 depending on plan). Hedging is banned, including offsetting mini/micro pairs and opposing positions in correlated index complexes. Payout caps are per plan and low relative to account size ($1,000 to $5,000 per payout) with a $500 minimum and a biweekly default frequency. TrueRisk Instant Funded plans require a 120% withdrawal buffer. Live capital is capped at a combined $10,000 and you cannot hold sim-funded accounts while a live account is open. Maximum 5 funded accounts. The firm is not regulated by any financial authority and states it is not a broker, FCM, CTA or exchange. Payout methods are not published on any public page. Available account rules are described as catalog-defined and the checkout summary and account agreement are stated to override the marketing pages.
Offers & Promo Codes
Active Offers
10% off all plans TRUSTED
25% off all plans 70M
Code DIRECT35: 35% off any plan (Direct, Zero, Premium, Advanced), sitewide. Source: official Alpha Futures email 2026-07-08. DIRECT35
No offers

Challenge Details

Alpha Futures Challenges

12 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
/month 		$25K Subscription P1: $1,500
 P1: $500
Soft breach (2% of starting balance) - account locks until next trading day 6PM ET
P1: $1,000 EOD Trailing
 90% None
$79
/month (with $149 activation fee); $159/month waives activation fee 		$50K Subscription P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% $149
$119
/month 		$50K Subscription P1: $3,000
 P1: $1,000
Soft breach (2% of starting balance) - account locks until next trading day 6PM ET
P1: $2,000 EOD Trailing
 90% None
$139
/month 		$50K Subscription P1: $4,000
 P1: -
None
P1: $1,750 EOD Trailing
 90% $149
$159
/month, no activation fee (vs $79/month + $149 activation fee variant) 		$50K Subscription P1: $3,000
 P1: -
None
P1: $2,000 EOD Trailing
 90% None
$159
/month (with $149 activation fee); $269/month waives activation fee 		$100K Subscription P1: $6,000
 P1: -
None
P1: $3,000 EOD Trailing
 90% $149
$239
/month 		$100K Subscription P1: $6,000
 P1: $2,000
Soft breach (2% of starting balance) - account locks until next trading day 6PM ET
P1: $3,000 EOD Trailing
 90% None
$239
/month (with $149 activation fee); $379/month waives activation fee 		$150K Subscription P1: $9,000
 P1: -
None
P1: $4,500 EOD Trailing
 90% $149
$269
/month, no activation fee (vs $159/month + $149 activation fee variant) 		$100K Subscription P1: $6,000
 P1: -
None
P1: $3,000 EOD Trailing
 90% None
$279
/month 		$100K Subscription P1: $8,000
 P1: -
None
P1: $3,500 EOD Trailing
 90% $149
$379
/month, no activation fee (vs $239/month + $149 activation fee variant) 		$150K Subscription P1: $9,000
 P1: -
None
P1: $4,500 EOD Trailing
 90% None
$419
/month 		$150K Subscription P1: $12,000
 P1: -
None
P1: $5,250 EOD Trailing
 90% $149

PropEd Capital Challenges

15 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$109 $65.4
Catalog list price $109, currently displayed sale price $65.4 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$25K 1 Step P1: $1,500
 P1: -
P1: $1,000 (eod)
 80% None
$175 $105
Catalog list price $175, currently displayed sale price $105 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K 1 Step P1: $3,000
 P1: -
P1: $2,000 (eod)
 80% None
$179 $107.4
Catalog list price $179, currently displayed sale price $107.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$1.25K 1 Step P1: $1,875
 P1: -
P1: $1,250 (Static)
 80% None
$285 $171
Catalog list price $285, currently displayed sale price $171 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K 1 Step P1: $6,000
 P1: -
P1: $4,000 (eod)
 80% None
$319 $191.4
Catalog list price $319, currently displayed sale price $191.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K 1 Step P1: $3,750
 P1: -
P1: $2,500 (Static)
 80% None
$365 $219
Catalog list price $365, currently displayed sale price $219 on https://propedcapital.com/plans/standard-evaluation. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K 1 Step P1: $9,000
 P1: -
P1: $6,000 (eod)
 80% None
$499 $299.4
Catalog list price $499, currently displayed sale price $299.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K 1 Step P1: $7,500
 P1: -
P1: $5,000 (Static)
 80% None
$599 $359.4
Catalog list price $599, currently displayed sale price $359.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$50K Instant P1: $0
 P1: -
P1: $2,500 (eod)
 80% None
$649 $389.4
Catalog list price $649, currently displayed sale price $389.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$2.5K Instant P1: $0
 P1: -
P1: $2,500 (Static)
 80% None
$799 $479.4
Catalog list price $799, currently displayed sale price $479.4 on https://propedcapital.com/plans/truerisk-eval. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K 1 Step P1: $15,000
 P1: -
P1: $10,000 (Static)
 80% None
$949 $569.4
Catalog list price $949, currently displayed sale price $569.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$100K Instant P1: $0
 P1: -
P1: $5,000 (eod)
 80% None
$1049 $629.4
Catalog list price $1,049, currently displayed sale price $629.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$5K Instant P1: $0
 P1: -
P1: $5,000 (Static)
 80% None
$1299 $779.4
Catalog list price $1,299, currently displayed sale price $779.4 on https://propedcapital.com/plans/instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$150K Instant P1: $0
 P1: -
P1: $7,500 (eod)
 80% None
$1399 $839.4
Catalog list price $1,399, currently displayed sale price $839.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$7.5K Instant P1: $0
 P1: -
P1: $7,500 (Static)
 80% None
$1749 $1049.4
Catalog list price $1,749, currently displayed sale price $1,049.4 on https://propedcapital.com/plans/truerisk-instant-funded. No coupon code is published on any PropEd page scraped this session; the reduced price is shown directly in the catalog. 		$10K Instant P1: $0
 P1: -
P1: $10,000 (Static)
 80% None
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