Challenge Comparison Tool

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Alpha Trader Firm Alpha Trader Firm
Aqua Funded Aqua Funded
Alpha Trader Firm Get Started
Aqua Funded 6.6 Get Started
Overview
Asset Type CFD CFD
Country United States United Arab Emirates
Established Jan 2022 Jan 2023
Technology White-Label White-Label
Platforms Match Trader, TradeLocker DXTrade, cTrader, Match Trader
Trading Rules
Profit Split Up to 100% (1-Step/2-Step Standard); 90% Bi-Weekly / 70% On-Demand (Instant Funding) Best Up to 100%
Daily Drawdown 3% (1-Step & Instant) / 5% (2-Step) 1-Step: 3% daily/6% trailing | 2-Step: 5% daily/10% static | 3-Step: 4% daily/8% static | Instant: 3% daily/3% static
Payout Frequency Bi-weekly (14-day)
Standard 30-day at 100% split; 7-day weekly add-on at 80%; on-demand at 70%; bi-weekly default for Instant Funding at 90% 		On Demand
Payouts available on demand (verified aquafunded.com 2026-04-21)
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
  • Up to $4M total allocation. Multiple challenge models (1-Step, 2-Step, 2-Step PRO, Instant, Instant PRO). Up to 100% profit split (Standard 30-day payout). Refundable fees on 1-Step/2-Step after first payout. No time limit. News trading and overnight holding allowed. FREE 10K Instant Funded Account included with any 100K+ Challenge.
  • Up to 100% profit split. Multiple challenge types (1-Step, 2-Step, 3-Step, Instant). Aggressive promo codes (up to 50% off). Fast bi-weekly payouts.
Main Drawbacks
  • Trader Score limit (≤20% Instant, ≤35% Standard) restricts large single-day wins. Floating PnL cap (1% Instant, 3% Standard). Trading suspended during 5-day payout review. Simulated demo environment only (per legal disclosure). Instant Funding fees non-refundable.
  • Reports of payout denials. News trading prohibited. Relatively new firm (2023).
Offers & Promo Codes
Active Offers No offers
50% off all challenges + $100 bonus WELCOME
20% off all challenges AQUA

Challenge Details

Alpha Trader Firm Challenges

21 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
one-time 		$10K 2 Steps P1: $1,000 (10%)
P2: $500 (5%)
 P1: $500 (5%)
5% Daily Loss Limit
P2: $500 (5%)
5% Daily Loss Limit
P1: $1,000 (10% Max Loss)
P2: $1,000 (10% Max Loss)
 Up to 100% None
$119
one-time 		$10K 1 Step P1: $800 (8%)
 P1: $300 (3%)
3% Daily Loss Limit
P1: $600 (6% Max Loss)
 Up to 100% None
$149
one-time 		$10K Instant P1: —
 P1: $300 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $500 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$249
one-time 		$25K 2 Steps P1: $2,500 (10%)
P2: $1,250 (5%)
 P1: $1,250 (5%)
5% Daily Loss Limit
P2: $1,250 (5%)
5% Daily Loss Limit
P1: $2,500 (10% Max Loss)
P2: $2,500 (10% Max Loss)
 Up to 100% None
$299
one-time 		$25K 1 Step P1: $2,000 (8%)
 P1: $750 (3%)
3% Daily Loss Limit
P1: $1,500 (6% Max Loss)
 Up to 100% None
$299
one-time 		$25K Instant P1: —
 P1: $750 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $1,250 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$349
one-time 		$50K 2 Steps P1: $5,000 (10%)
P2: $2,500 (5%)
 P1: $2,500 (5%)
5% Daily Loss Limit
P2: $2,500 (5%)
5% Daily Loss Limit
P1: $5,000 (10% Max Loss)
P2: $5,000 (10% Max Loss)
 Up to 100% None
$399
one-time 		$50K 1 Step P1: $4,000 (8%)
 P1: $1,500 (3%)
3% Daily Loss Limit
P1: $3,000 (6% Max Loss)
 Up to 100% None
$449
one-time 		$50K Instant P1: —
 P1: $1,500 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $2,500 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$700
one-time 		$100K 2 Steps P1: $10,000 (10%)
P2: $5,000 (5%)
 P1: $5,000 (5%)
5% Daily Loss Limit
P2: $5,000 (5%)
5% Daily Loss Limit
P1: $10,000 (10% Max Loss)
P2: $10,000 (10% Max Loss)
 Up to 100% None
$749
one-time 		$100K Instant P1: —
 P1: $3,000 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $5,000 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$800
one-time 		$100K 1 Step P1: $8,000 (8%)
 P1: $3,000 (3%)
3% Daily Loss Limit
P1: $6,000 (6% Max Loss)
 Up to 100% None
$1200
one-time 		$200K 2 Steps P1: $20,000 (10%)
P2: $10,000 (5%)
 P1: $10,000 (5%)
5% Daily Loss Limit
P2: $10,000 (5%)
5% Daily Loss Limit
P1: $20,000 (10% Max Loss)
P2: $20,000 (10% Max Loss)
 Up to 100% None
$1300
one-time 		$200K 1 Step P1: $16,000 (8%)
 P1: $6,000 (3%)
3% Daily Loss Limit
P1: $12,000 (6% Max Loss)
 Up to 100% None
$1700
one-time 		$200K Instant P1: —
 P1: $6,000 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $10,000 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$1900
one-time 		$300K 2 Steps P1: $30,000 (10%)
P2: $15,000 (5%)
 P1: $15,000 (5%)
5% Daily Loss Limit
P2: $15,000 (5%)
5% Daily Loss Limit
P1: $30,000 (10% Max Loss)
P2: $30,000 (10% Max Loss)
 Up to 100% None
$2100
one-time 		$300K 1 Step P1: $24,000 (8%)
 P1: $9,000 (3%)
3% Daily Loss Limit
P1: $18,000 (6% Max Loss)
 Up to 100% None
$2400
one-time 		$300K Instant P1: —
 P1: $9,000 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $15,000 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None
$2400
one-time 		$400K 2 Steps P1: $40,000 (10%)
P2: $20,000 (5%)
 P1: $20,000 (5%)
5% Daily Loss Limit
P2: $20,000 (5%)
5% Daily Loss Limit
P1: $40,000 (10% Max Loss)
P2: $40,000 (10% Max Loss)
 Up to 100% None
$2600
one-time 		$400K 1 Step P1: $32,000 (8%)
 P1: $12,000 (3%)
3% Daily Loss Limit
P1: $24,000 (6% Max Loss)
 Up to 100% None
$3600
one-time 		$400K Instant P1: —
 P1: $12,000 (3%)
3% Daily Loss Limit + 1% floating PnL cap
P1: $20,000 (5% Max Loss)
 Bi-weekly 90% / On-demand 70% None

Aqua Funded Challenges

48 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$29
2-Step Pro 		$5K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$39
2-Step Standard 		$5K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$59
1-Step Pro 		$5K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$60
Instant Pro 		$2.5K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$64
Instant Standard 		$2.5K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$67
1-Step Standard 		$5K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$69
2-Step Pro 		$10K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$77
3-Step 		$10K 3 Steps P1: 6
 P1: 4
3-Step: 6% PT per phase, 4% daily, 8% static DD
P1: 8
 Up to 100% None
$89
2-Step Standard 		$10K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$99
1-Step Pro 		$10K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$113
1-Step Standard 		$10K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$115
Instant Pro 		$5K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$117
Instant Standard 		$5K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$125
2-Step Pro 		$25K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$139
2-Step Standard 		$25K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$155
Instant Pro 		$10K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$157
3-Step 		$25K 3 Steps P1: 6
 P1: 4
3-Step: 6% PT per phase, 4% daily, 8% static DD
P1: 8
 Up to 100% None
$158
Instant Standard 		$10K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$199
1-Step Pro 		$25K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$227
1-Step Standard 		$25K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$237
3-Step 		$50K 3 Steps P1: 6
 P1: 4
3-Step: 6% PT per phase, 4% daily, 8% static DD
P1: 8
 Up to 100% None
$259
2-Step Pro 		$50K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$289
1-Step Pro 		$50K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$299
2-Step Standard 		$50K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$310
Instant Pro 		$25K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$317
Instant Standard 		$25K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$327
1-Step Standard 		$50K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$377
3-Step 		$100K 3 Steps P1: 6
 P1: 4
3-Step: 6% PT per phase, 4% daily, 8% static DD
P1: 8
 Up to 100% None
$429
2-Step Pro 		$100K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$459
1-Step Pro 		$100K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$465
Instant Pro 		$50K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$469
2-Step Standard 		$100K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$475
Instant Standard 		$50K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$527
1-Step Standard 		$100K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$677
3-Step 		$200K 3 Steps P1: 6
 P1: 4
3-Step: 6% PT per phase, 4% daily, 8% static DD
P1: 8
 Up to 100% None
$750
Instant Pro 		$100K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$767
Instant Standard 		$100K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$897
2-Step Pro 		$200K 2 Steps P1: 8
 P1: 5
Standard: P1 8%/P2 5% PT, 5% daily, 8% static DD
P1: 8
 Up to 100% None
$899
1-Step Pro 		$200K 1 Step P1: 9
 P1: 3
Standard: 9% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$947
2-Step Standard 		$200K 2 Steps P1: 10
 P1: 5
Pro: P1 10%/P2 5% PT, 5% daily, 10% trailing DD
P1: 10
 Up to 100% None
$980
Instant Pro 		$150K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$1017
1-Step Standard 		$200K 1 Step P1: 6
 P1: 3
Pro: 6% PT, 3% daily, 6% trailing DD
P1: 6
 Up to 100% None
$1250
Instant Pro 		$200K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$1265
Instant Standard 		$200K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$1540
Instant Pro 		$250K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$1560
Instant Standard 		$250K Instant P1: —
 P1: 3
Pro: 3% daily loss (trailing), 6% trailing total DD
P1: 6
 Up to 100% None
$2099
Instant Pro 		$300K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
$2699
Instant Pro 		$400K Instant P1: —
 P1: —
Standard: 3% trailing DD, no daily loss limit
P1: 3
 Up to 100% None
Alpha Trader Firm
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Aqua Funded
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