Challenge Comparison Tool

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Alpha Trader Firm

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FundedNext

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	Alpha Trader Firm Get Started	FundedNext 7.7 Get Started
Overview
Asset Type	CFD	CFD
Country	United States	United Arab Emirates
Established	Jan 2022	Jan 2022
Technology	White-Label	Proprietary
Platforms	Match Trader, TradeLocker	Trading View, NinjaTrader, Tradovate, 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 95%
Daily Drawdown	3% (1-Step & Instant) / 5% (2-Step)	Stellar 2-Step: 5% daily / 10% total. Stellar 1-Step: 3% daily / 6% total. Stellar Lite: 4% daily / 8% total. Futures: varies by plan.
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%	24 hours guaranteed (or $1,000 extra). First withdrawal after 21 days. -
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 95% profit split, Match-Trader + Tradovate/NinjaTrader platforms, CFDs + Futures, 15% profit sharing from day 1, scaling up to $4M
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.	Payouts sometimes a bit slow
Offers & Promo Codes
Active Offers	No offers	30% off first challenge FNF30 30% off challenge VIBES

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

FundedNext Challenges

6 challenges

Price	Account Size	Step	Profit Target	Max Daily Loss	Max Drawdown	Profit Split	Activation Fee
$59.99 Stellar 2-Step	$6K	2 Steps	P1: 8% P2: 5%	P1: 5% ($300) P2: 5% ($300)	P1: 10% ($600) P2: 10% ($600)	Up to 95%	None
$119.99 Stellar 2-Step	$15K	2 Steps	P1: 8% P2: 5%	P1: 5% ($750) P2: 5% ($750)	P1: 10% ($1,500) P2: 10% ($1,500)	Up to 95%	None
$199.99 Stellar 2-Step	$25K	2 Steps	P1: 8% P2: 5%	P1: 5% ($1,250) P2: 5% ($1,250)	P1: 10% ($2,500) P2: 10% ($2,500)	Up to 95%	None
$299.99 Stellar 2-Step	$50K	2 Steps	P1: 8% P2: 5%	P1: 5% ($2,500) P2: 5% ($2,500)	P1: 10% ($5,000) P2: 10% ($5,000)	Up to 95%	None
$549.99 Stellar 2-Step	$100K	2 Steps	P1: 8% P2: 5%	P1: 5% ($5,000) P2: 5% ($5,000)	P1: 10% ($10,000) P2: 10% ($10,000)	Up to 95%	None
$1099.99 Stellar 2-Step	$200K	2 Steps	P1: 8% P2: 5%	P1: 5% ($10,000) P2: 5% ($10,000)	P1: 10% ($20,000) P2: 10% ($20,000)	Up to 95%	None

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