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Challenge Comparison Tool

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

Alpha Trader Firm Alpha Trader Firm
FTMO FTMO
Overview
Asset Type CFD CFD
Country United States Czech Republic
Established Jan 2022 Jan 2015
Technology White-Label Proprietary
Platforms Match Trader, TradeLocker cTrader, MT5, MT4
Trading Rules
Profit Split Up to 100% (1-Step/2-Step Standard); 90% Bi-Weekly / 70% On-Demand (Instant Funding) Best Up to 90%
Daily Drawdown 3% (1-Step & Instant) / 5% (2-Step) Maximum Daily Loss Amount, which is 5% of the Initial Simulated Capital (2-Step) or 3% (1-Step)
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%
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 90% of your simulated profits as a reward, accounts up to $200,000 FTMO Account, established 2015 with 3.5M+ customers worldwide, MT4 MT5 cTrader supported, 100% refund of initial fee on first reward (2-Step), Prague-based with $500M+ paid in rewards
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.
  • All accounts we provide to our clients are demo accounts with fictitious funds and any trading is in a simulated environment only; prices charged in EUR; 2-Step Verification phase required before reaching FTMO Account
Offers & Promo Codes
Active Offers No offers No offers

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

FTMO Challenges

10 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79
EUR one-time
$10K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$89
EUR one-time
$10K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$199
EUR one-time
$25K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$250
EUR one-time
$25K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$319
EUR one-time
$50K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$345
EUR one-time
$50K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$540 $439
EUR one-time (popular tier, on sale)
$100K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None
$499
EUR one-time (popular tier)
$100K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$999
EUR one-time
$200K 1 Step P1: 10%
P1: 3%
Maximum Daily Loss Amount (1-Step)
P1: 10% Maximum Loss
90% None
$1080
EUR one-time
$200K 2 Steps P1: 10%
P2: 5%
P1: 5%
Maximum Daily Loss Amount
P2: 5%
Verification phase
P1: 10% Maximum Loss
P2: 10% Maximum Loss
Up to 90% None