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NEOMAAA Funded vs Alpha Trader: Prop Firm Comparison

Compare NEOMAAA 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. Both NEOMAAA Funded and Alpha Trader offer refundable challenge fees for selected programs.


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Quick Comparison

Challenge type

Final price

$282.80
$59.60

Account size

10K
10K

Steps

Payout frequency

Bi-weekly
Other

Platform

TradeLocker
TradeLocker

Challenge fee refundable

Yes
Yes

Pricing Comparison: NEOMAAA Funded vs Alpha Trader

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

Base price

$404.00
$149.00

Discount

30% (TL30)
60% (NEW60)

Final price

$282.80
$59.60

Refundable fee

At the user's request with the second payout
OneStep Accounts & 2-Step Accounts have Refundable Fees.

Alpha Trader has a lower entry price than NEOMAAA Funded for the selected challenges.

Want to review the full challenge pricing details?

View NEOMAAA Funded challenge pricingView Alpha Trader challenge pricing

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Risk & Profit Rules Comparison: NEOMAAA Funded vs Alpha Trader

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

Profit split

70%
90%

Profit target (Step 1)

Max daily loss

3%
3%

Max total drawdown

6%
5%

Drawdown type

Trailing Drawdown

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

Trading Period & Time Limits: NEOMAAA Funded vs Alpha Trader

This section compares the minimum and maximum trading day requirements for the selected default challenges from NEOMAAA Funded 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

5
7

Maximum trading days

Unlimited
Unlimited

NEOMAAA Funded allows fewer minimum trading days before challenge completion than Alpha Trader.

Leverage by Asset Class: NEOMAAA Funded vs Alpha Trader

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

1:30

1:25

Crypto leverage

1:1

1:1

Indices leverage

1:10

1:10

Commodities leverage

1:10

Stocks leverage

NEOMAAA 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: NEOMAAA Funded vs Alpha Trader

This section compares trading permissions and operational rules for the selected default challenges from NEOMAAA Funded 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

T1 News are not allowed to trade with a +/- 5 minutes window.
https://faq.alphafunded.com/en/articles/13746480-news-trading-add-on

Challenge fee refundable

Yes
Yes

Trading permissions differ between NEOMAAA 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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