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Flagship Funded vs Alpha Trader: Prop Firm Comparison
Compare Flagship Funded and Alpha Trader, two prop firms available on TradeLocker. This guide breaks down pricing, challenge structure, profit targets, drawdowns, leverage, and trading rules to help you choose the right prop firm. Alpha Trader offers refundable challenge fees for selected programs, while Flagship Funded does not.
Quick Comparison
Challenge type
Final price
Account size
Steps
Payout frequency
Platform
Challenge fee refundable
Pricing Comparison: Flagship Funded vs Alpha Trader
Here's a detailed look at the entry costs for Flagship Funded and Alpha Trader. Final prices include any active discounts. All pricing information is accurate as of today's date.
Base price
Discount
Final price
Refundable fee
Flagship Funded has a lower entry price than Alpha Trader for the selected challenges.
Risk & Profit Rules Comparison: Flagship Funded vs Alpha Trader
This section compares profit targets, profit splits, and risk limits for the selected default challenges from Flagship Funded and Alpha Trader. Risk parameters may vary by program, but the table below reflects the currently selected challenges for each firm.
Profit split
Profit target (Step 1)
Max daily loss
Max total drawdown
Drawdown type
Both Flagship Funded and Alpha Trader offer similar profit split terms for the selected challenges. Flagship Funded and Alpha Trader use similar daily loss limits for the selected challenges.
Trading Period & Time Limits: Flagship Funded vs Alpha Trader
This section compares the minimum and maximum trading day requirements for the selected default challenges from Flagship Funded and Alpha Trader. Trading time limits may vary by program, but the table below reflects the currently selected challenges for each firm.
Both Flagship Funded and Alpha Trader have similar minimum trading day requirements for the selected challenges.
Leverage by Asset Class: Flagship Funded vs Alpha Trader
This section compares the leverage limits available across different asset classes for the selected default challenges from Flagship Funded and Alpha Trader. Leverage availability and limits may vary by instrument or program, but the table below reflects the currently selected challenges for each firm.
Forex leverage
1:25
Crypto leverage
1:1
Indices leverage
1:10
Commodities leverage
1:10
Stocks leverage
Flagship Funded and Alpha Trader offer different leverage limits across asset classes for the selected challenges. Review the table above to see how each firm compares.
Trading Permissions & Flexibility: Flagship Funded vs Alpha Trader
This section compares trading permissions and operational rules for the selected default challenges from Flagship Funded and Alpha Trader. Permissions may vary by program, but the table below reflects the currently selected challenges for each firm.
Balance scaling
Trading bots allowed
Copy trading allowed
News trading allowed
Challenge fee refundable
Trading permissions differ between Flagship Funded and Alpha Trader—check the table above for specific allowances.
Next Steps: Explore Challenges on TradeLocker
If you're still comparing, you can explore more prop firms and side-by-side comparisons available on TradeLocker.
Frequently Asked Questions
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