Compare 14 current products across 7 first-party source pages — funded cost, split, drawdown and payout rules without flattening one product into a firm-wide answer.
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Built from product captures checked Oct 22, 2026
Pick Alpha Capital if…
Pick Apex Trader Funding if…
| Fact | Alpha Capital | Apex Trader Funding |
|---|---|---|
| Our score | 8/10 | 8.4/10 |
| Lowest $100K fee | $397 (Alpha Pro (6%, on-demand)) | $590 (Intraday Trail - No Activation Fee) |
| Base split | 80–90% | 100% |
| Max loss | 5–10% | — |
| Earliest first payout | Day 14 (Alpha Pro (6%, bi-weekly)) | Day 5 (Intraday Trail - Standard) |
| Platforms | MT5 · cTrader · DXTrade · TradeLocker | Rithmic · Tradovate · WealthCharts |
Available product sources · earliest check Oct 22, 2026
We track 10 Alpha Capital products and 4 from Apex Trader Funding that pass the 30-day source-freshness gate; source checks range from 2026-10-22 to 2026-10-23. These firms sell different instruments — Alpha Capital runs CFD products and Apex Trader Funding runs futures — so treat the tables below as a fit comparison, not a like-for-like price race. Alpha Capital is cheaper to funded at 3 of the 3 directly comparable tiers. At $25K, the cheapest verified route is Alpha Pro (6%, on-demand) at $117 (One-time fee), which needs $146 of profit at a 80% split before the fee is back in your pocket.
Compare the 14 source-checked products available here, each with its own fees, split, drawdown and date.
We track 10 Alpha Capital products and 4 from Apex Trader Funding that pass the 30-day source-freshness gate; source checks range from 2026-10-22 to 2026-10-23. These firms sell different instruments — Alpha Capital runs CFD products and Apex Trader Funding runs futures — so treat the tables below as a fit comparison, not a like-for-like price race.
Alpha Capital is cheaper to funded at 3 of the 3 directly comparable tiers. At $25K, the cheapest verified route is Alpha Pro (6%, on-demand) at $117 (One-time fee), which needs $146 of profit at a 80% split before the fee is back in your pocket.
Alpha Capital's own products disagree on 13 terms. On evaluation steps it is 2-step on Alpha Pro (6%, bi-weekly) and Alpha Pro (6%, on-demand) and Alpha Pro (8%, bi-weekly) and Alpha Pro (8%, on-demand) and Alpha Pro (10%, bi-weekly) and Alpha Pro (10%, on-demand) and Alpha Swing (on-demand), versus 1-step on Alpha One (10%, on-demand), versus 3-step on Alpha Three (availability unverified), versus instant funding on Alpha Direct. Which product you buy decides that rule, not which firm you sign with — a firm-level table cannot show this.
Not in the cost tables: Alpha Capital Alpha Three (availability unverified). The latest capture records no complete entry price for it, so it is not ranked on cost.
Not in the cost tables: Apex Trader Funding EOD Trail - Standard and Intraday Trail - Standard. The latest capture records no complete entry price for them, so they are not ranked on cost.
Alpha Capital is cheaper within the shared USD one-time class: Alpha Pro (6%, on-demand) at $117 — $573 less than Apex Trader Funding's cheapest route at this tier (Intraday Trail - No Activation Fee, $690) — 83% cheaper.
| Product | Cost to funded | Break-even profit | R-multiple | Days @ 1%/day |
|---|---|---|---|---|
| Alpha Pro (6%, on-demand)Alpha Capital · One-time · 80% split | $117One-time fee | $146at 80% split | 0.10vs 6% max DD | 1 |
| Alpha Pro (6%, bi-weekly)Alpha Capital · One-time · 80% split | $127One-time fee | $159at 80% split | 0.11vs 6% max DD | 1 |
| Alpha Pro (8%, on-demand)Alpha Capital · One-time · 80% split | $177One-time fee | $221at 80% split | 0.11vs 8% max DD | 1 |
| Alpha Pro (10%, on-demand)Alpha Capital · One-time · 80% split | $177One-time fee | $221at 80% split | 0.09vs 10% max DD | 1 |
| Alpha One (10%, on-demand)Alpha Capital · One-time · 80% split | $187One-time fee | $234at 80% split | 0.16vs 6% trailing max DD | 1 |
| Alpha Pro (8%, bi-weekly)Alpha Capital · One-time · 80% split | $197One-time fee | $246at 80% split | 0.12vs 8% max DD | 1 |
| Alpha Pro (10%, bi-weekly)Alpha Capital · One-time · 80% split | $197One-time fee | $246at 80% split | 0.10vs 10% max DD | 1 |
| Alpha DirectAlpha Capital · One-time · 90% split | $197One-time fee | $219at 90% split | 0.18vs 5% trailing max DD | 1 |
| Alpha Swing (on-demand)Alpha Capital · One-time · 80% split | $247One-time fee | $309at 80% split | 0.12vs 10% max DD | 2 |
| Intraday Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $690Fee + tier activation | $690at 100% split | 0.69vs $1,000 tier max loss | — |
| EOD Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $1,090Fee + tier activation | $1,090at 100% split | 1.09vs $1,000 tier max loss | 5 |
R-multiple is break-even profit divided by that product's own maximum permitted loss — under 1.00 means you can lose more than you need to make to win the fee back. Day count assumes 1% account growth per day, capped by the product's own daily loss limit. Blank cells are figures the firm does not publish.
Alpha Capital is cheaper within the shared USD one-time class: Alpha Pro (6%, on-demand) at $217 — $273 less than Apex Trader Funding's cheapest route at this tier (Intraday Trail - No Activation Fee, $490) — 56% cheaper.
| Product | Cost to funded | Break-even profit | R-multiple | Days @ 1%/day |
|---|---|---|---|---|
| Alpha Pro (6%, on-demand)Alpha Capital · One-time · 80% split | $217One-time fee | $271at 80% split | 0.09vs 6% max DD | 1 |
| Alpha Pro (6%, bi-weekly)Alpha Capital · One-time · 80% split | $227One-time fee | $284at 80% split | 0.09vs 6% max DD | 1 |
| Alpha DirectAlpha Capital · One-time · 90% split | $257One-time fee | $286at 90% split | 0.11vs 5% trailing max DD | 1 |
| Alpha Pro (10%, on-demand)Alpha Capital · One-time · 80% split | $267One-time fee | $334at 80% split | 0.07vs 10% max DD | 1 |
| Alpha One (10%, on-demand)Alpha Capital · One-time · 80% split | $277One-time fee | $346at 80% split | 0.12vs 6% trailing max DD | 1 |
| Alpha Pro (8%, on-demand)Alpha Capital · One-time · 80% split | $297One-time fee | $371at 80% split | 0.09vs 8% max DD | 1 |
| Alpha Pro (10%, bi-weekly)Alpha Capital · One-time · 80% split | $297One-time fee | $371at 80% split | 0.07vs 10% max DD | 1 |
| Alpha Pro (8%, bi-weekly)Alpha Capital · One-time · 80% split | $327One-time fee | $409at 80% split | 0.10vs 8% max DD | 1 |
| Alpha Swing (on-demand)Alpha Capital · One-time · 80% split | $357One-time fee | $446at 80% split | 0.09vs 10% max DD | 1 |
| Intraday Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $490Fee + tier activation | $490at 100% split | 0.24vs $2,000 tier max loss | — |
| EOD Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $1,190Fee + tier activation | $1,190at 100% split | 0.59vs $2,000 tier max loss | 3 |
R-multiple is break-even profit divided by that product's own maximum permitted loss — under 1.00 means you can lose more than you need to make to win the fee back. Day count assumes 1% account growth per day, capped by the product's own daily loss limit. Blank cells are figures the firm does not publish.
Alpha Capital is cheaper within the shared USD one-time class: Alpha Pro (6%, on-demand) at $397 — $193 less than Apex Trader Funding's cheapest route at this tier (Intraday Trail - No Activation Fee, $590) — 33% cheaper.
| Product | Cost to funded | Break-even profit | R-multiple | Days @ 1%/day |
|---|---|---|---|---|
| Alpha Pro (6%, on-demand)Alpha Capital · One-time · 80% split | $397One-time fee | $496at 80% split | 0.08vs 6% max DD | 1 |
| Alpha Pro (6%, bi-weekly)Alpha Capital · One-time · 80% split | $427One-time fee | $534at 80% split | 0.09vs 6% max DD | 1 |
| Alpha Pro (10%, on-demand)Alpha Capital · One-time · 80% split | $447One-time fee | $559at 80% split | 0.06vs 10% max DD | 1 |
| Alpha DirectAlpha Capital · One-time · 90% split | $457One-time fee | $508at 90% split | 0.10vs 5% trailing max DD | 1 |
| Alpha One (10%, on-demand)Alpha Capital · One-time · 80% split | $477One-time fee | $596at 80% split | 0.10vs 6% trailing max DD | 1 |
| Alpha Pro (10%, bi-weekly)Alpha Capital · One-time · 80% split | $497One-time fee | $621at 80% split | 0.06vs 10% max DD | 1 |
| Alpha Pro (8%, on-demand)Alpha Capital · One-time · 80% split | $527One-time fee | $659at 80% split | 0.08vs 8% max DD | 1 |
| Alpha Pro (8%, bi-weekly)Alpha Capital · One-time · 80% split | $577One-time fee | $721at 80% split | 0.09vs 8% max DD | 1 |
| Alpha Swing (on-demand)Alpha Capital · One-time · 80% split | $577One-time fee | $721at 80% split | 0.07vs 10% max DD | 1 |
| Intraday Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $590Fee + tier activation | $590at 100% split | 0.20vs $3,000 tier max loss | — |
| EOD Trail - No Activation FeeApex Trader Funding · One-time · 100% split | $1,590Fee + tier activation | $1,590at 100% split | 0.53vs $3,000 tier max loss | 2 |
R-multiple is break-even profit divided by that product's own maximum permitted loss — under 1.00 means you can lose more than you need to make to win the fee back. Day count assumes 1% account growth per day, capped by the product's own daily loss limit. Blank cells are figures the firm does not publish.
Each cell shows every value that firm's current products hold. Where a firm disagrees with itself the products are named — those are the rows a firm-level table has to flatten, and the ones that decide whether your strategy is allowed. 13 of 16 rows split this way in this matchup.
| Term | Alpha Capital | Apex Trader Funding |
|---|---|---|
| Evaluation steps | 2-stepAlpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand) 1-stepAlpha One (10%, on-demand) 3-stepAlpha Three (availability unverified) Instant fundingAlpha Direct | 1-step |
| Profit split | 80%Alpha One (10%, on-demand), Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) 90%Alpha Direct | 100% |
| Drawdown method | StaticAlpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) TrailingAlpha One (10%, on-demand), Alpha Direct | EOD trailingEOD Trail - Standard, EOD Trail - No Activation Fee TrailingIntraday Trail - Standard, Intraday Trail - No Activation Fee |
| Daily loss cap | 4%Alpha One (10%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Three (availability unverified) 3%Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Direct 5%Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand) | Fixed $ per tierEOD Trail - Standard, EOD Trail - No Activation Fee Not publishedIntraday Trail - Standard, Intraday Trail - No Activation Fee |
| Max loss cap | 6%Alpha One (10%, on-demand), Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Three (availability unverified) 10%Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand) 8%Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand) 5%Alpha Direct | Fixed $ per tier |
| Funded drawdown | StaticAlpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) TrailingAlpha One (10%, on-demand), Alpha Direct | EOD trailingEOD Trail - Standard, EOD Trail - No Activation Fee TrailingIntraday Trail - Standard, Intraday Trail - No Activation Fee |
| Min trading days | 3Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) 1Alpha One (10%, on-demand) UnverifiedAlpha Direct | 0 |
| Max trading dayssame | Unverified | Unverified |
| Consistency rule | 40%Alpha One (10%, on-demand), Alpha Pro (6%, on-demand), Alpha Pro (8%, on-demand), Alpha Pro (10%, on-demand), Alpha Swing (on-demand) UnverifiedAlpha Pro (6%, bi-weekly), Alpha Pro (8%, bi-weekly), Alpha Pro (10%, bi-weekly), Alpha Three (availability unverified) 15%Alpha Direct | Unverified |
| First payout after | Not publishedAlpha One (10%, on-demand), Alpha Pro (6%, on-demand), Alpha Pro (8%, on-demand), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Direct 14 calendar daysAlpha Pro (6%, bi-weekly), Alpha Pro (8%, bi-weekly), Alpha Pro (10%, bi-weekly), Alpha Three (availability unverified) | 5 days |
| Payout frequency | On demandAlpha One (10%, on-demand), Alpha Pro (6%, on-demand), Alpha Pro (8%, on-demand), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Direct Bi-weeklyAlpha Pro (6%, bi-weekly), Alpha Pro (8%, bi-weekly), Alpha Pro (10%, bi-weekly), Alpha Three (availability unverified) | Weekly |
| News tradingsame | Conditional | Conditional |
| Weekend holding | ConditionalAlpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand) AllowedAlpha One (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) Not allowedAlpha Direct | Not allowed |
| Overnight holding | AllowedAlpha One (10%, on-demand), Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) Not publishedAlpha Direct | Not allowed |
| EAs / algos | ConditionalAlpha One (10%, on-demand), Alpha Pro (6%, bi-weekly), Alpha Pro (6%, on-demand), Alpha Pro (8%, bi-weekly), Alpha Pro (8%, on-demand), Alpha Pro (10%, bi-weekly), Alpha Pro (10%, on-demand), Alpha Swing (on-demand), Alpha Three (availability unverified) Not allowedAlpha Direct | Not allowed |
| Copy tradingsame | Conditional | Conditional |
Alpha Pro prices now separate targets and payout schedules
Select the payout schedule before comparing fees. Alpha Three is excluded from this verified refresh and keeps its September 14 product date because new-purchase availability is unsettled.
Alpha Swing pricing article and observed selector do not align
The captured Swing fees are published terms, not confirmation that a new Swing purchase is available in your checkout. Confirm the exact account type before paying.
Alpha Three has published prices but unsettled purchase availability
Treat the retained Alpha Three record as a documented-rules reference only; it has no current price and is not purchasable. Its capture date (2026-10-23) dates the re-read of the rules and of Alpha's own 'not currently offered for new purchases' statements, not a purchase offer. Confirm availability before budgeting for a new account.
Alpha Capital published-fee coverage now separates Pro schedules
Use the latest target-specific and payout-specific fee rows. Three remains outside this verified refresh, and availability watches must still be checked before purchase.
Alpha One 10% selector confirms on-demand and disables bi-weekly
Plan cash flow around the on-demand 2% gross-profit minimum and 40% best-day rule, rather than assuming a fixed 14-day One payout schedule.
Alpha One variant availability differs between the article and selector
The stored Alpha One record is explicitly One 10% on-demand. Confirm whether another variant is actually purchasable and which rules apply; a visible selector choice is not a completed checkout.
Alpha Pro 25K quotes need a target and payout schedule
Use the row for the selected target and payout schedule. Do not transfer the generic $197 quote to Pro 6% or average the two amounts.
Apex moved new purchases to 4 one-time evaluation paths
Older Apex reviews can describe a different billing and drawdown structure. Match the exact product shown at checkout, verify the dynamic fee, and note that the current evaluation may pass in one day without a minimum-day rule.
Every figure above is read from these pages. Products older than 30 days are removed from the comparison until they are recaptured, so a missing product means stale data, not a discontinued plan.
These directory fields describe the firms, not a universal product rule. The sourced product tables above decide the exact fee, split, drawdown and trading conditions. Directory context is not independently refreshed by this comparison; verify platform and payment availability for the exact programme and country.
Scored out of 5 by Trustpilot users, not by us. Where Trustpilot has pulled a firm's aggregate rating we say so rather than leaving a blank.
Rating suppressed by Trustpilot
Trustpilot's notice on this profile reads: “This company's rating is unavailable due to a breach of our guidelines.”
Check Alpha Capital on TrustpilotThese links are selected by asset and platform overlap, then limited to matchups where both sides have current first-party product evidence.
13 current products · 9 first-party source pages · checked Oct 23, 2026
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Open comparison8 current products · 2 first-party source pages · checked Oct 22, 2026
Open comparison7 current products · 2 first-party source pages · checked Oct 22, 2026
Open comparisonBrowse pairs with current product sources, or open the full firm directory. Missing comparison evidence does not mean a firm has closed.
