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Global Forex Funds vs Alpha Trader: Prop Firm Comparison

Compare Global Forex Funds 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 Global Forex Funds does not.


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Quick Comparison

Challenge type

Final price

$374.99
$59.60

Account size

10K
10K

Steps

Payout frequency

Bi-weekly
Other

Platform

TradeLocker
TradeLocker

Challenge fee refundable

Yes

Pricing Comparison: Global Forex Funds vs Alpha Trader

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

Base price

$499.99
$149.00

Discount

25% (TLHUB25)
60% (NEW60)

Final price

$374.99
$59.60

Refundable fee

OneStep Accounts & 2-Step Accounts have Refundable Fees.

Alpha Trader has a lower entry price than Global Forex Funds for the selected challenges.

Want to review the full challenge pricing details?

View Global Forex Funds challenge pricingView Alpha Trader challenge pricing

You can return to the comparison at any time.

Risk & Profit Rules Comparison: Global Forex Funds vs Alpha Trader

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

Profit split

80%
90%

Profit target (Step 1)

Max daily loss

4%
3%

Max total drawdown

8%
5%

Drawdown type

Daily Reset
Trailing Drawdown

Alpha Trader offers a higher profit split than Global Forex Funds for the selected challenges. Global Forex Funds allows a higher daily loss limit than Alpha Trader for the selected challenges.

Trading Period & Time Limits: Global Forex Funds vs Alpha Trader

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

Minimum trading days

7

Maximum trading days

Unlimited
Unlimited

Both Global Forex Funds and Alpha Trader have similar minimum trading day requirements for the selected challenges.

Leverage by Asset Class: Global Forex Funds vs Alpha Trader

This section compares the leverage limits available across different asset classes for the selected default challenges from Global Forex Funds 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

1:50

1:25

Crypto leverage

1:2

1:1

Indices leverage

1:10

1:10

Commodities leverage

1:20

1:10

Stocks leverage

Global Forex Funds 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: Global Forex Funds vs Alpha Trader

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

Balance scaling

Yes

Trading bots allowed

Yes

Copy trading allowed

Yes
Yes

News trading allowed

Yes you can trade high impact news events!
https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

Challenge fee refundable

Yes

Trading permissions differ between Global Forex Funds 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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