Alpha Trader vs For Traders: Prop Firm Comparison

Here's a detailed look at the entry costs for Alpha Trader and For Traders. Final prices include any active discounts. All pricing information is accurate as of today's date.

Alpha Trader

For Traders

Base price

$299.00

$239.00

Discount

60% (NEW60)

15%

Final price

$119.60

$203.15

Refundable fee

OneStep Accounts & 2-Step Accounts have Refundable Fees.

We offer a bonus equal to your Trading Challenge fee, which will be added to your fourth payout on your Master Account (Funded stage). The bonus will be automatically included in your fourth payout 💸

Alpha Trader has a lower entry price than For Traders for the selected challenges.

This section compares profit targets, profit splits, and risk limits for the selected default challenges from Alpha Trader and For Traders. Risk parameters may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

For Traders

Profit split

90%

70%

Profit target (Step 1)

—

—

Max daily loss

3%

3%

Max total drawdown

5%

5%

Drawdown type

Trailing Drawdown

Trailing Drawdown

Alpha Trader offers a higher profit split than For Traders for the selected challenges. Alpha Trader and For Traders use similar daily loss limits for the selected challenges.

This section compares the minimum and maximum trading day requirements for the selected default challenges from Alpha Trader and For Traders. Trading time limits may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

For Traders

Minimum trading days

7

7

Maximum trading days

Unlimited

Unlimited

Both Alpha Trader and For Traders have similar minimum trading day requirements for the selected challenges.

This section compares the leverage limits available across different asset classes for the selected default challenges from Alpha Trader and For Traders. Leverage availability and limits may vary by instrument or program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

For Traders

Forex leverage

1:25

1:10

Crypto leverage

1:1

—

Indices leverage

1:10

1:5

Commodities leverage

1:10

1:5

Stocks leverage

—

—

Alpha Trader and For Traders offer different leverage limits across asset classes for the selected challenges. Review the table above to see how each firm compares.

This section compares trading permissions and operational rules for the selected default challenges from Alpha Trader and For Traders. Permissions may vary by program, but the table below reflects the currently selected challenges for each firm.

Alpha Trader

For Traders

Balance scaling

Yes

Yes

Trading bots allowed

—

—

Copy trading allowed

Yes

Yes

News trading allowed

https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

You can trade freely during news events while working on your challenge across all accounts. For the Master Account (funded stage) on our PRO account, you can also trade news without restrictions. On our classic accounts, however, there is a rule that prohibits opening trades 5 minutes before and 5 minutes after a high-impact news event. You are allowed to hold positions over news events.

Challenge fee refundable

Yes

Yes