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Prop firm record

Alpha Funded

  • United Arab Emirates
  • Since 2022

Alpha Funded sells 52 funded-account plans in 9 programmes, from $10K to $500K, paying traders 80 – 100% of their profits.

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The firm
Updated

Alpha Funded at a glance

Alpha Funded is a proprietary trading firm based in United Arab Emirates, in business since 2022.

Account sizes on sale
$10K – $500K
Profit split to the trader
80 – 100%
programmes, across 52 plans
9
Cheapest plan
$95

On the record

Based in
United Arab Emirates
Founded
2022
Instrument types
Cfd and Futures
Website
alphafunded.com
Evidence last checked

Pay for a plan with

  • Credit/Debit Card
  • PayPal
  • Apple Pay

Get paid by

  • Riseworks
  • Crypto
  • Bank Transfer
  • Bank Wire Transfer
Recorded by Wikilix from Alpha Funded’s published terms and re-checked periodically.
Programme ledger

What Alpha Funded sells

52 plans in 9 programmes: 18 instant-funding accounts, 20 one-step evaluations, and 14 two-step evaluations.

9 programmes
Highest split · ⁨1-Step Lite Challenge⁩
100%
Most drawdown room · ⁨1-Step Lite Challenge⁩
10%
Fewest minimum days · ⁨Futures 1-Step Flex Challenge⁩
0
Highest leverage · ⁨Instant Funding Account⁩
1:50
  • Instant fundingFutures Instant Funding AccountInstant funding3 sizes$50K – $150K3% max drawdown3% daily loss90%profit split

    The rules

    Max drawdown
    3% · Trailing, intraday
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Payout schedule
    Payout cap of 2.5% of account size per cycle; a 3% safety net must be maintained for the first 5 payouts
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed

    Account sizes

    • $50K
    • $100K
    • $150K

    Per-size prices are published on the firm’s site, not on this record.

  • Instant fundingInstant Funding AccountInstant funding8 sizes$10K – $500K5% max drawdown3% daily loss5 min days90%profit split

    The rules

    Max drawdown
    5% · Trailing
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    5
    Max leverage
    1:50
    Payout schedule
    Bi-weekly (14 day) standard schedule at 90%; weekly option at 80%. Minimum 5 profitable trading days of at least 0.50% each, and the first 3% of profit cannot be withdrawn
    Fee refunded on passing
    No

    On this programme

    • News tradingNot allowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K
    • $500K

    Per-size prices are published on the firm’s site, not on this record.

  • Instant fundingInstant Funding PRO AccountInstant funding7 sizes$10K – $400K5% max drawdown3% daily loss10 min days80%profit split

    The rules

    Max drawdown
    5% · Trailing
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    10
    Max leverage
    1:50
    Payout schedule
    Bi-weekly (14 day) standard schedule; no consistency rule applies to this program
    Fee refunded on passing
    No

    On this programme

    • News tradingNot allowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K

    Per-size prices are published on the firm’s site, not on this record.

  • 1-step1-Step Lite Challenge1-step7 sizesFee refunded$10K – $400K10% target10% max drawdown3% daily loss3 min days100%profit split

    The rules

    Phase 1 target
    10%
    Max drawdown
    10% · Static
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    3
    Max leverage
    1:50
    Payout schedule
    Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower split
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K

    Per-size prices are published on the firm’s site, not on this record.

  • 1-step1-Step PRO Challenge1-step7 sizesFee refunded$10K – $400K8% target6% max drawdown3% daily loss5 min days100%profit split

    The rules

    Phase 1 target
    8%
    Max drawdown
    6% · Static
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    5
    Max leverage
    1:50
    Payout schedule
    Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower split
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K

    Per-size prices are published on the firm’s site, not on this record.

  • 1-stepFutures 1-Step Flex Challenge1-step3 sizes$50K – $150K6% target5% max drawdown3% daily lossno minimum days90%profit split

    The rules

    Phase 1 target
    6%
    Max drawdown
    5% · Trailing, locked at end of day
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    0
    Payout schedule
    Payouts available after every 5 profitable trading days; approval review 48-72 business hours then 24-48 hours to process. Payout cap of 5% of account size per cycle
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed

    Account sizes

    • $50K
    • $100K
    • $150K

    Per-size prices are published on the firm’s site, not on this record.

  • 1-stepFutures 1-Step PRO Challenge1-step3 sizes$50K – $150K8% target3% max drawdown1.5% daily lossno minimum days90%profit split

    The rules

    Phase 1 target
    8%
    Max drawdown
    3% · Trailing, locked at end of day
    Daily loss limit
    1.5% · Higher of balance and equity at end of day
    Minimum trading days
    0
    Payout schedule
    Payouts available after every 5 profitable trading days; payout cap of 2.5% of account size per cycle
    Fee refunded on passing
    No

    On this programme

    • News tradingAllowed
    • Copy tradingNot allowed

    Account sizes

    • $50K
    • $100K
    • $150K

    Per-size prices are published on the firm’s site, not on this record.

  • 2-step2-Step PRO Challenge2-step7 sizesFee refunded$10K – $400K8% target5% max drawdown3% daily loss2 min days80%profit split

    The rules

    Phase 1 target
    8%
    Phase 2 target
    4%
    Max drawdown
    5% · Trailing
    Daily loss limit
    3% · Higher of balance and equity at end of day
    Minimum trading days
    2
    Max leverage
    1:50
    Payout schedule
    Weekly (7 day) standard schedule; on-demand payouts available as a paid add-on at a 90% split
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K

    Per-size prices are published on the firm’s site, not on this record.

Show 1 more
  • 2-step2-Step Standard Challenge2-step7 sizesFee refunded$10K – $400K10% target10% max drawdown5% daily loss3 min days100%profit split

    The rules

    Phase 1 target
    10%
    Phase 2 target
    5%
    Max drawdown
    10% · Static
    Daily loss limit
    5% · Higher of balance and equity at end of day
    Minimum trading days
    3
    Max leverage
    1:50
    Payout schedule
    Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower split
    Fee refunded on passing
    Yes

    On this programme

    • News tradingAllowed
    • Copy tradingAllowed
    • Expert advisors (EAs)Not allowed
    • Weekend holdingAllowed
    • Overnight holdingAllowed
    • Stop lossNot required

    Account sizes

    • $10K
    • $25K
    • $50K
    • $100K
    • $200K
    • $300K
    • $400K

    Per-size prices are published on the firm’s site, not on this record.

Compare all 9 programmes side by side
ProgrammeTypeSizesSplitTargetMax drawdownDaily lossMin daysLeverageFee refund
Futures Instant Funding AccountInstant funding$50K – $150K90%Not recorded3%3%Not recordedNot recordedNo
Instant Funding AccountInstant funding$10K – $500K90%Not recorded5%3%51:50No
Instant Funding PRO AccountInstant funding$10K – $400K80%Not recorded5%3%101:50No
1-Step Lite Challenge1-step$10K – $400K100%10%10%3%31:50Yes
1-Step PRO Challenge1-step$10K – $400K100%8%6%3%51:50Yes
Futures 1-Step Flex Challenge1-step$50K – $150K90%6%5%3%0Not recordedNo
Futures 1-Step PRO Challenge1-step$50K – $150K90%8%3%1.5%0Not recordedNo
2-Step PRO Challenge2-step$10K – $400K80%8%5%3%21:50Yes
2-Step Standard Challenge2-step$10K – $400K100%10%10%5%31:50Yes
Rules as recorded by Wikilix from Alpha Funded’s published terms. A rule that differs between sizes prints as a range; per-size prices are on the firm’s site.
Leverage

Leverage by market

Leverage runs from 1:3 on Crypto to 1:50 on FX, depending on the programme.

MarketInstant1-step2-step3-step
FX1:501:501:501:50
Indices1:101:101:101:10
Metals1:101:101:101:10
Energy1:251:251:251:25
Crypto1:31:31:31:3
Payouts

How Alpha Funded pays

Traders keep 80 – 100% of their profits, paid out by Riseworks, Crypto, Bank Transfer, and Bank Wire Transfer.

Profit split
80 – 100%
Payout methods
4
Plans refunding the fee
28 of 52
Payout schedules stated
7

Paid out by

  • Riseworks
  • Crypto
  • Bank Transfer
  • Bank Wire Transfer

Payout schedules, in the firm’s words

  • Payout cap of 2.5% of account size per cycle; a 3% safety net must be maintained for the first 5 payouts

    Futures Instant Funding Account

  • Bi-weekly (14 day) standard schedule at 90%; weekly option at 80%. Minimum 5 profitable trading days of at least 0.50% each, and the first 3% of profit cannot be withdrawn

    Instant Funding Account

  • Bi-weekly (14 day) standard schedule; no consistency rule applies to this program

    Instant Funding PRO Account

  • Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower split

    1-Step Lite Challenge, 1-Step PRO Challenge, and 2-Step Standard Challenge

  • Payouts available after every 5 profitable trading days; approval review 48-72 business hours then 24-48 hours to process. Payout cap of 5% of account size per cycle

    Futures 1-Step Flex Challenge

  • Payouts available after every 5 profitable trading days; payout cap of 2.5% of account size per cycle

    Futures 1-Step PRO Challenge

  • Weekly (7 day) standard schedule; on-demand payouts available as a paid add-on at a 90% split

    2-Step PRO Challenge

Split and schedule, programme by programme

ProgrammeSplitPayout scheduleFee refund
Futures Instant Funding AccountInstant funding90%Payout cap of 2.5% of account size per cycle; a 3% safety net must be maintained for the first 5 payoutsNo
Instant Funding AccountInstant funding90%Bi-weekly (14 day) standard schedule at 90%; weekly option at 80%. Minimum 5 profitable trading days of at least 0.50% each, and the first 3% of profit cannot be withdrawnNo
Instant Funding PRO AccountInstant funding80%Bi-weekly (14 day) standard schedule; no consistency rule applies to this programNo
1-Step Lite Challenge1-step100%Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower splitYes
1-Step PRO Challenge1-step100%Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower splitYes
Futures 1-Step Flex Challenge1-step90%Payouts available after every 5 profitable trading days; approval review 48-72 business hours then 24-48 hours to process. Payout cap of 5% of account size per cycleNo
Futures 1-Step PRO Challenge1-step90%Payouts available after every 5 profitable trading days; payout cap of 2.5% of account size per cycleNo
2-Step PRO Challenge2-step80%Weekly (7 day) standard schedule; on-demand payouts available as a paid add-on at a 90% splitYes
2-Step Standard Challenge2-step100%Every 30 days on the standard schedule; 14-day, 7-day and on-demand options available as paid add-ons at a lower splitYes

Payout policy

Forex accounts run on a 30 day payout cycle by default, with the first request available 30 days after the first trade on the funded account. Two paid add-ons change that schedule: a seven day cycle and an on demand option that allows a request as soon as the account qualifies. Each faster schedule carries a lower profit share than the standard cycle, and the first payout on the standard cycle is settled at a lower share than subsequent ones. The two step PRO program runs on a seven day cycle as standard.

Instant funding accounts run on a fourteen day cycle as standard, with a weekly option available at a lower share. Before a first request the account must show five profitable trading days, each with a gain of at least 0.50 percent, and the first 3 percent of profit generated on an instant funded account cannot be requested as a reward.

Futures accounts are paid after every five profitable trading days, where a profitable day means at least 0.5 percent gained against the starting balance. Each cycle is capped at 5 percent of account size on the Flex program and 2.5 percent on the PRO and instant funding programs. Funded futures accounts must also maintain a 3 percent safety net above the starting balance for their first five payout cycles.

Trading is disabled on the account while a request is under review. Approval review takes 48 to 72 business hours and processing a further 24 to 48 hours, with a stated outside limit of five business days for approval or denial. Timelines are counted in business days, so weekends and bank holidays extend them. Payouts are delivered through Rise, with cryptocurrency, ACH and wire transfer available as delivery methods, and traders complete an onboarding and verification step with that provider before the first payment.

The evaluation fee is returned after the first successful payout on all two step challenges and on the 1-Step Lite and 1-Step PRO challenges. Instant funding and Pay Later accounts are not eligible for the refund. Only the original challenge fee qualifies, not add-ons, resets or upgrades, and an account that has been reset or has breached a rule loses eligibility.

Markets

What you can trade

6 asset classes, traded as CFDs and Futures.

6 asset classes

Asset classes

  • FX
  • Indices
  • Metals
  • Energy
  • Crypto
  • Futures

Instrument types

  • CFDs
  • Futures
Trading rules

What Alpha Funded lets you do

Across all 52 plans, as recorded programme by programme.

  • News tradingAllowed on 37 of 52 plans
  • Copy tradingAllowed on 43 of 52 plans
  • Expert advisors (EAs)Not allowed on any plan
  • Weekend holdingAllowed on every plan
  • Overnight holdingAllowed on every plan
  • Stop lossNot required on any plan

News trading is fully allowed during Phase 1 and Phase 2 of a forex evaluation. On a funded forex account the default rule is a blackout window: no position may be opened in the five minutes before a high impact event, held through the event, or opened in the five minutes after it. Traders who buy the news trading add-on at checkout may trade events without restriction, and that add-on cannot be added once the account has been created. On futures accounts traders are not required to flatten positions during news events, in either the evaluation or the funded stage.

Positions may be opened and held over the weekend across all account sizes and programs, for accounts purchased from 1 January 2026 onward. Overnight holding is permitted.

Expert Advisors, automated trading systems, scripts and any other form of automated execution are not allowed at any stage. Positions must be opened manually by the account owner.

Copy trading between a trader's own accounts is permitted, subject to the combined allocation cap. Copying trades from another trader, a signal provider or a trade copier is treated as a prohibited strategy, as is allowing a third party to trade the account on the owner's behalf.

Other strategies the firm prohibits include:

  • Grid trading, martingale and progressive risk sizing
  • Latency arbitrage, reverse arbitrage and data feed manipulation
  • Tick scalping and high frequency trading
  • Hedging within a single account and hedging between accounts
  • Trading on delayed charts, and fills that could not occur in live market conditions
  • Excessive risk deployment producing abnormally rapid equity growth

Breaches can lead to invalidated trades, a failed account, denial of progression or payouts, or permanent closure.

A stop loss is not required on any trade. The firm states that it leaves traders free to manage risk according to their own strategy.

Consistency

Consistency rules

Consistency is calculated as the highest single day profit divided by total realized profit, multiplied by 100. The account must sit at or below the threshold for its program before a payout can be approved.

  • Instant Funding (forex): 20 percent or lower
  • 1-Step PRO (forex): 35 percent or lower
  • 2-Step Legacy (forex): 30 percent or lower
  • Pay Later funded accounts: 15 percent or lower
  • Futures 1-Step Flex: 50 percent, applied during the evaluation
  • Futures 1-Step PRO: 40 percent, applied during the evaluation
  • Futures Instant Funding: 20 percent, applied at the funded stage

The 1-Step Lite, 2-Step Standard, 2-Step PRO and Instant Funding PRO programs are sold with no consistency requirement.

Exceeding the threshold does not breach the account. It blocks the withdrawal until the trader spreads profit across further sessions and evens out the profit curve. Once a payout is approved the consistency figure resets to 100 percent.

Firm rules

Firm rules

Every account is simulated. The firm describes its programs as educational skill assessment carried out in a demo environment with virtual funds, and states that fees are service fees for access to the evaluation rather than deposits, margin or capital contributions.

A maximum risk rule applies per trade on most programs. The floating loss on any single open position may not exceed 3 percent of the starting balance on 1-Step Lite and on all two step accounts, or 1 percent on all instant funding accounts. Exceeding it is a hard breach and closes the account, independently of the daily and total loss limits.

Breaching the daily loss limit or the total loss limit is also a hard breach and terminates the account immediately. On a futures evaluation a breach makes the account ineligible and a reset is needed to continue; on a futures instant funding or funded account the account is closed at the moment of breach, open positions are flattened and new orders are rejected.

A trader may own any number of accounts, but total capital across all active funded accounts is capped at 4,000,000 US dollars, whether that level is reached by scaling a single account or by holding several. Account types may be mixed up to that ceiling. Holding accounts beyond the cap can lead to restriction or removal from the program.

Accounts are also subject to an inactivity rule, and traders may not disguise their location through multiple IP addresses or a VPN.

Restricted countries

Where Alpha Funded does not take traders

Residents of 28 countries cannot open an account with Alpha Funded.

28 countries
  • Afghanistan
  • Algeria
  • Botswana
  • Cuba
  • Democratic Republic of the Congo
  • Ethiopia
  • Iran
  • Iraq
  • Japan
  • Kenya
  • Lebanon
  • Libya
  • Morocco
  • Myanmar
  • Nigeria
  • North Korea
  • Pakistan
  • Republic of the Congo
Show 10 more
  • Russia
  • Somalia
  • Sri Lanka
  • Sudan
  • Syria
  • Trinidad and Tobago
  • Tunisia
  • Vietnam
  • Yemen
  • Zimbabwe
As published by Alpha Funded. A country not listed here is not thereby accepted — check the firm’s own terms.
Worth comparing

Prop firms worth comparing

4 firms from the Wikilix directory set beside Alpha Funded: the same country, the same kind of funding, a comparable split, or the best rated on the record.

4 firms
Figures as recorded on the Wikilix directory. A dash means the firm has not published that figure.

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