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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
FXIFY FXIFY
Overview
Asset Type CFD CFD
Country United States United Kingdom
Established Jan 2022 Jan 2023
Technology White-Label White-Label
Platforms Match Trader, MT5, TradeLocker Trading View, DXTrade, 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) 3-5% daily across Standard programs, 8% on Instant Funding
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
First payout on-demand with no minimum/maximum; bi-weekly available
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% profit split. On-demand first payout with no minimum or maximum amount. Five programs (One/Two/Three Phase, Lightning, Instant Funding) with 1K-400K account sizes. 100% refundable assessment fee on Standard phases. MT4, MT5, DXtrade and TradingView platforms supported.
Main Drawbacks
  • Trader Score limit (35% Standard, 20% Instant) 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.
  • Two Phase 25% consistency rule on funded. Instant Funding 8% trailing drawdown is tighter than multi-phase programs. No on-demand payout until first payout cycle on Bi-weekly programs.
Offers & Promo Codes
Active Offers No offers
40% off One Phase Evals for new users. Verified live on fxify.com 2026-06-06. NEW40
26% off all FXIFY programs (excludes Instant Funding Lite). Verified via fxify.com 2026-06-02. GOAL26
Father's Day Sale: 35% off all programs (Instant Funding Lite excluded). Code PAPA35. Verified live on fxify.com 2026-06-20. PAPA35

Challenge Details

Alpha Trader Firm Challenges

21 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$79 $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 $10K 1 Step P1: $800 (8%)
P1: $300 (3%)
3% Daily Loss Limit
P1: $600 (6% Max Loss)
Up to 100% None
$149 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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 $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

FXIFY Challenges

47 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$19
one-time
$2.5K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% None
$39
one-time
$5K 3 Steps P1: $250 | 5%
P2: $250 | 5%
P3: $250 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$39
one-time
$5K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% None
$59
one-time
$10K 3 Steps P1: $500 | 5%
P2: $500 | 5%
P3: $500 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$59
one-time
$10K 1 Step P1: $500 | 5%
P1: 3%
P1: 4% trailing
Up to 90% None
$59
one-time
$5K 1 Step P1: $500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$59
one-time
$5K 2 Steps P1: $250 | 5%
P2: $500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$59
one-time
$5K 2 Steps P1: $500 | 10%
P2: $250 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$69
one-time
$1K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$79
one-time
$10K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% None
$79
one-time
$15K 3 Steps P1: $750 | 5%
P2: $750 | 5%
P3: $750 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$89
one-time
$10K 1 Step P1: $1,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$89
one-time
$10K 2 Steps P1: $500 | 5%
P2: $1,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$89
one-time
$10K 2 Steps P1: $1,000 | 10%
P2: $500 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$119
one-time
$15K 1 Step P1: $1,500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$119
one-time
$15K 2 Steps P1: $750 | 5%
P2: $1,500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$119
one-time
$15K 2 Steps P1: $1,500 | 10%
P2: $750 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$119
one-time
$2.5K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$149
one-time
$25K 3 Steps P1: $1,250 | 5%
P2: $1,250 | 5%
P3: $1,250 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$149
one-time
$25K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% None
$149
one-time
$25K 1 Step P1: $1,250 | 5%
P1: 3%
P1: 4% trailing
Up to 90% None
$199
one-time
$25K 1 Step P1: $2,500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$199
one-time
$25K 2 Steps P1: $1,250 | 5%
P2: $2,500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$199
one-time
$25K 2 Steps P1: $2,500 | 10%
P2: $1,250 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$229
one-time
$5K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$249
one-time
$50K 3 Steps P1: $2,500 | 5%
P2: $2,500 | 5%
P3: $2,500 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$249
one-time
$50K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% None
$249
one-time
$50K 1 Step P1: $2,500 | 5%
P1: 3%
P1: 4% trailing
Up to 90% None
$379
one-time
$50K 1 Step P1: $5,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$379
one-time
$50K 2 Steps P1: $2,500 | 5%
P2: $5,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$379
one-time
$50K 2 Steps P1: $5,000 | 10%
P2: $2,500 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$399
one-time
$100K 3 Steps P1: $5,000 | 5%
P2: $5,000 | 5%
P3: $5,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$399
one-time
$100K 1 Step P1: $5,000 | 5%
P1: 3%
P1: 4% trailing
Up to 90% None
$449
one-time
$10K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$549
one-time
$100K 1 Step P1: $10,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$549
one-time
$100K 2 Steps P1: $5,000 | 5%
P2: $10,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% None
$549
one-time
$100K 2 Steps P1: $10,000 | 10%
P2: $5,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$799
one-time
$200K 3 Steps P1: $10,000 | 5%
P2: $10,000 | 5%
P3: $10,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$899
one-time
$25K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$1049
one-time
$200K 1 Step P1: $20,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$1049
one-time
$200K 2 Steps P1: $20,000 | 10%
P2: $10,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$1599
one-time
$400K 3 Steps P1: $20,000 | 5%
P2: $20,000 | 5%
P3: $20,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% None
$1749
one-time
$50K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$2499
one-time
$75K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None
$2950
one-time
$400K 1 Step P1: $40,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% None
$2950
one-time
$400K 2 Steps P1: $40,000 | 10%
P2: $20,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% None
$4249
one-time
$100K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% None