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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
Instant Funding Instant Funding
Overview
Asset Type CFD CFD
Country United States United Kingdom
Established Jan 2022 Jun 2022
Technology White-Label Proprietary
Platforms Match Trader, MT5, TradeLocker cTrader, Match Trader, MT5
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) Smart Drawdown: -10% initial, adjusts to -5% after 5% gain (IF accounts); Static 8-10% (challenges)
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%
Every 7 Days (14-day initial wait)
First payout requires 14 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.
  • Responsive support, Fast payouts & Instant Funding
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.
  • Sometimes high Spread
Offers & Promo Codes
Active Offers No offers
10% off all Instant Funding accounts Funding10

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

Instant Funding Challenges

29 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$39
One-Phase Micro
$10K 1 Step P1: $700 (7%)
P1: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $700 (7% Static)
80% None
$39
Two-Phase Micro
$5K 2 Steps P1: $400 (8%)
P2: $200 (4%)
P1: $200 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $200 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $500 (10% Static)
P2: $500 (10% Static)
80% None
$49
Two-Phase Micro
$10K 2 Steps P1: $800 (8%)
P2: $400 (4%)
P1: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $400 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $1,000 (10% Static)
P2: $1,000 (10% Static)
80% None
$49 $5K 1 Step P1: $500 (10%)
P1: $150 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $400 (8% Static)
80% None
$63
Two-Phase
$10K 2 Steps P1: $800 (8%)
P2: $500 (5%)
P1: $500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $1,000 (10% Static)
P2: $1,000 (10% Static)
80% None
$64
One-Phase Micro
$25K 1 Step P1: $1,750 (7%)
P1: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $1,750 (7% Static)
80% None
$79 $1.25K Instant P1: -
P1: -
No daily drawdown limit
P1: $125 (10% Static)
80% None
$94
One-Phase
$10K 1 Step P1: $1,000 (10%)
P1: $300 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $800 (8% Static)
80% None
$104
Two-Phase Micro
$25K 2 Steps P1: $2,000 (8%)
P2: $1,000 (4%)
P1: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $1,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $2,500 (10% Static)
P2: $2,500 (10% Static)
80% None
$114
One-Phase Micro
$50K 1 Step P1: $3,500 (7%)
P1: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $3,500 (7% Static)
80% None
$120 $2.5K Instant P1: -
P1: -
No daily drawdown limit
P1: $250 (10% Static)
80% None
$149
Two-Phase
$25K 2 Steps P1: $2,000 (8%)
P2: $1,250 (5%)
P1: $1,250 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $1,250 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $2,500 (10% Static)
P2: $2,500 (10% Static)
80% None
$199
One-Phase
$25K 1 Step P1: $2,500 (10%)
P1: $750 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $2,000 (8% Static)
80% None
$214
Two-Phase Micro
$50K 2 Steps P1: $4,000 (8%)
P2: $2,000 (4%)
P1: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $2,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $5,000 (10% Static)
P2: $5,000 (10% Static)
80% None
$219
One-Phase Micro
$100K 1 Step P1: $7,000 (7%)
P1: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $7,000 (7% Static)
80% None
$225 $5K Instant P1: -
P1: -
No daily drawdown limit
P1: $500 (10% Static)
80% None
$254
Two-Phase
$50K 2 Steps P1: $4,000 (8%)
P2: $2,500 (5%)
P1: $2,500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $2,500 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $5,000 (10% Static)
P2: $5,000 (10% Static)
80% None
$329
One-Phase
$50K 1 Step P1: $5,000 (10%)
P1: $1,500 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $4,000 (8% Static)
80% None
$399
One-Phase Micro
$200K 1 Step P1: $14,000 (7%)
P1: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $14,000 (7% Static)
80% None
$419
Two-Phase Micro
$100K 2 Steps P1: $8,000 (8%)
P2: $4,000 (4%)
P1: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $4,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $10,000 (10% Static)
P2: $10,000 (10% Static)
80% None
$439
Two-Phase
$100K 2 Steps P1: $8,000 (8%)
P2: $5,000 (5%)
P1: $5,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $5,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $10,000 (10% Static)
P2: $10,000 (10% Static)
80% None
$440 $10K Instant P1: -
P1: -
No daily drawdown limit
P1: $1,000 (10% Static)
80% None
$599
One-Phase
$100K 1 Step P1: $10,000 (10%)
P1: $3,000 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $8,000 (8% Static)
80% None
$870 $20K Instant P1: -
P1: -
No daily drawdown limit
P1: $2,000 (10% Static)
80% None
$899
Two-Phase Micro
$200K 2 Steps P1: $16,000 (8%)
P2: $8,000 (4%)
P1: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P2: $8,000 (4% Dynamic)
4% of account value, recalculated daily at 17:00 EST
P1: $20,000 (10% Static)
P2: $20,000 (10% Static)
80% None
$999
Two-Phase
$200K 2 Steps P1: $16,000 (8%)
P2: $10,000 (5%)
P1: $10,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P2: $10,000 (5% Dynamic)
5% of account value, recalculated daily at 17:00 EST
P1: $20,000 (10% Static)
P2: $20,000 (10% Static)
80% None
$1199
One-Phase
$200K 1 Step P1: $20,000 (10%)
P1: $6,000 (3% Dynamic)
3% of account value, recalculated daily at 17:00 EST
P1: $16,000 (8% Static)
80% None
$1735 $40K Instant P1: -
P1: -
No daily drawdown limit
P1: $4,000 (10% Static)
80% None
$3460 $80K Instant P1: -
P1: -
No daily drawdown limit
P1: $8,000 (10% Static)
80% None