Apex Trader Funding vs Alpha Futures: which futures prop firm wins in 2026?
Apex Trader Funding and Alpha Futures are both futures prop firms, but they split on the things that decide whether you pass and get paid. On the $50,000 evaluation, Apex Trader Funding costs $119 with a $2,000 end-of-day trailing drawdown, while Alpha Futures costs $139 with $2,000 end-of-day trailing. Here's the full head-to-head.
Short version: Apex Trader Funding is cheaper to start ($119 vs $139), and both run the same $2,000 end-of-day trailing drawdown. The right pick depends on what you trade — full breakdown below.
Side by side
| Apex Trader Funding | Alpha Futures | |
|---|---|---|
| Entry price (50K) | $119 | $139 |
| Profit target | $3,000 | $3,000 |
| Max drawdown | $2,000 | $2,000 |
| Drawdown type | End-of-Day Trailing | End-of-Day Trailing |
| Daily loss limit | $1,000 | $1,000 |
| Consistency rule | None | None |
| Profit split | 100% | 90% |
| Payouts | Every 5 trading days | Up to 4×/month |
| Min trading days | None | None |
| News trading | limited | yes |
| Reset fee | — | $119 |
| Rating | ★ 4.6 | ★ 4.3 |
Where each firm wins
Where Apex Trader Funding wins
- Cheaper to start — $119 vs $139 on the 50K evaluation.
- Stronger profit split — 100% of your first $25,000, then 90/10.
- Higher user rating — Rated ★ 4.6.
Where Alpha Futures wins
- Better for news trading — News trading is yes at Alpha.
Which should you pick?
Pick Apex Trader Funding if you want cheaper to start and stronger profit split. Pick Alpha Futures if you want better for news trading. Either way, run your real account size through the simulator first to see exactly where the drawdown would put you.
Full Apex Trader Funding review · Full Alpha Futures review
Frequently asked questions
Is Apex Trader Funding or Alpha Futures cheaper?
On the 50K evaluation, Apex Trader Funding is cheaper to start at $119, versus $139 for Alpha Futures.
Which has the more forgiving drawdown — Apex Trader Funding or Alpha Futures?
Both Apex Trader Funding and Alpha Futures use a $2,000 end-of-day trailing drawdown on the 50K, so they're level on drawdown — the difference is elsewhere (cost, daily loss, split and payouts).
Does Apex Trader Funding or Alpha Futures have a daily loss limit?
Apex Trader Funding: $1,000 daily loss limit. Alpha Futures: $1,000 daily loss limit.
Which profit split is better, Apex Trader Funding or Alpha Futures?
Apex Trader Funding: 100% of your first $25,000, then 90/10. Alpha Futures: 90% profit split from the start, no tiers. Withdraw up to 50% of profits every 5 winning days of $200+.