Apex sells a one-time evaluation at 90% off and pays you 100% of each approved payout; Alpha bills monthly, pays 90%, and lets Advanced accounts withdraw up to $15,000 at a time with no daily loss limit. Here's how they stack up.
Apex Trader Funding wins on entry price: CHAMP takes 90% off the evaluation, a one-time fee with no rebill. Funded PAs keep 100% of each approved payout, every 5 trading days, with a 50% consistency rule and a cap that rises from $1,000 to $2,500 on the first payout to $1,000 to $5,000 by the sixth, after which the PA closes. You choose Intraday Trail (no DLL in the evaluation) or EOD Trail ($500 to $2,000 DLL), and both can pass in a day.
Alpha Futures bills Zero, Standard and Advanced monthly until you pass ($0 activation), and Direct once. It pays 90% from the first withdrawal, up to 4 times a month, each after 5 winning days of $200+ and up to 50% of profit, capped at $1,000 to $2,500 (Zero), $3,000 to $5,000 (Standard) or $15,000 per request (Advanced). Advanced has no daily loss limit at any stage and no news restrictions; Zero passes in a day.
Want the cheapest one-time entry and 100% payouts? Apex. Want large withdrawals with no DLL or news limits? Alpha Advanced.
Each firm's headline plan, row by row. Highlighted rows are where the two differ; the plan-by-plan tables below cover every account type.
Apex Trader Funding Intraday TrailAlpha Futures ZeroApex sells one evaluation in two drawdown styles; Alpha sells four plans. Here's how they line up.
One-day passes
Neither checks consistency in the evaluation, and from 25K to 100K both use the same targets ($1,500 / $3,000 / $6,000) and drawdowns ($1,000 / $2,000 / $3,000). Funded, Apex checks 50% and Zero 40%. Zero has a DLL at both stages ($500 to $2,000); Apex Intraday Trail has none in the evaluation. First-withdrawal caps: Apex $1,000 / $1,500 / $2,000, Zero $1,000 / $1,500 / $2,500.
No daily loss limit
Advanced has no DLL at either stage and no news restrictions, checks 40% in the evaluation and none once qualified, and allows $15,000 per request. It needs at least 3 evaluation days, higher targets ($4,000 / $8,000 / $12,000) and costs $209 to $489 a month. Apex's closest is Intraday Trail: no DLL in the evaluation, but a scaling DLL once funded.
End-of-day drawdown
Both trail end-of-day. EOD Trail has a DLL in the evaluation ($500 to $2,000) and no evaluation consistency rule; Standard has no DLL until qualified ($1,000 to $3,000) but checks 50% in the evaluation and needs 2 days. Standard caps each withdrawal at $3,000 / $4,000 / $5,000 (50K to 150K) from the first; Apex's caps start lower and rise over 6 payouts.
No evaluation
Apex has no straight-to-funded plan. Alpha Direct is one-time, $349 to $859 list (40% off with CHAMP), with 20% consistency and caps of $1,000 to $3,000.
| Plan · sizes | Profit target | Max drawdown | Daily loss limit | Consistency | Min. days |
|---|---|---|---|---|---|
| Apex Trader FundingIntraday Trail25K · 50K · 100K · 150K | $1,500 · $3,000 · $6,000 · $9,000 | $1,000 · $2,000 · $3,000 · $4,000Intraday Trail | None in eval · scaling DLL once funded | 50% funded | 1 day to pass |
| Apex Trader FundingEOD Trail25K · 50K · 100K · 150K | $1,500 · $3,000 · $6,000 · $9,000 | $1,000 · $2,000 · $3,000 · $4,000EOD | $500 · $1,000 · $1,500 · $2,000 | 50% funded | 1 day to pass |
| Alpha FuturesZero25K · 50K · 100K | $1,500 · $3,000 · $6,000 | $1,000 · $2,000 · $3,000EOD | $500 · $1,000 · $2,000 | None eval · 40% qualified | None eval (one-day pass) · 5 qualified |
| Alpha FuturesStandard50K · 100K · 150K | $3,000 · $6,000 · $9,000 | $2,000 · $3,000 · $4,500EOD | None eval · $1,000 · $2,000 · $3,000 qualified | 50% eval · 40% qualified | 2 eval · 5 qualified |
| Alpha FuturesAdvanced50K · 100K · 150K | $4,000 · $8,000 · $12,000 | $1,750 · $3,500 · $5,250EOD | None (Eval & Qualified) | 40% eval · none qualified | 3 eval · 5 qualified |
| Alpha FuturesDirect25K · 50K · 100K · 150K | $1,500 · $3,000 · $6,000 · $9,000 (then $1,000 · $2,000 · $4,000 · $6,000) | $1,000 · $2,000 · $3,000 · $4,500EOD | $500 · $1,000 · $2,000 · $3,000 | 20% | Straight to funded (no eval) |
Values by account size, smallest to largest, from each firm's plan rules in our Oct 2026 data. "Funded" (or "qualified") means the sim-funded stage after you pass.
Apex charges once; Alpha charges monthly until you pass. CHAMP takes 90% off Apex's evaluation and 40% off Alpha's in our deal data; both are worked out under the list prices. Apex's Standard build adds a funded activation fee after you pass, which coupons don't cover and which we couldn't verify this month; Alpha's activation is $0 on every plan. Alpha also runs its own public codes, so compare the final price at checkout.
| Plan | Billing | 25K | 50K | 100K | 150K |
|---|---|---|---|---|---|
| Apex Trader FundingIntraday Trail · Standard | One-timeList price · + funded activation fee | $167 | $249 | $790 | $1,190 |
| With CHAMP (−90%) | Our math | $16.70 | $24.90 | $79 | $119 |
| Apex Trader FundingIntraday Trail · No activation fee | One-timeList price | $690 | $490 | $590 | $1,890 |
| With CHAMP (−90%) | Our math | $69 | $49 | $59 | $189 |
| Apex Trader FundingEOD Trail · Standard | One-timeList price · + funded activation fee | $490 | $590 | $1,190 | $2,190 |
| With CHAMP (−90%) | Our math | $49 | $59 | $119 | $219 |
| Apex Trader FundingEOD Trail · No activation fee | One-timeList price | $1,090 | $1,190 | $1,590 | $2,490 |
| With CHAMP (−90%) | Our math | $109 | $119 | $159 | $249 |
| Alpha FuturesZero | MonthlyList price | $89 | $139 | $279 | — |
| With CHAMP (−40%) | Our math | $53.40 | $83.40 | $167.40 | — |
| Alpha FuturesStandard | MonthlyList price | — | $129 | $239 | $349 |
| With CHAMP (−40%) | Our math | — | $77.40 | $143.40 | $209.40 |
| Alpha FuturesAdvanced | MonthlyList price | — | $209 | $349 | $489 |
| With CHAMP (−40%) | Our math | — | $125.40 | $209.40 | $293.40 |
| Alpha FuturesDirect | One-timeList price | $349 | $519 | $689 | $859 |
| With CHAMP (−40%) | Our math | $209.40 | $311.40 | $413.40 | $515.40 |
Apex Trader Funding: CHAMP is 90% off in our deal data. Alpha Futures: CHAMP is 40% off in our deal data. "With CHAMP" rows are our arithmetic on that rate; the checkout price is what counts.
Apex's site blocked our October re-check, so these are its list prices from our earlier audits. Two Intraday Trail No-Activation prices don't follow the pattern: 25K ($690) is above 50K ($490), and 100K ($590) is below the 100K Standard build ($790). We couldn't confirm them, so check the price at checkout.
At 50K, Apex Intraday Trail works out to $24.90 (Standard, plus activation) or $49 (No-Activation) after 90% off; Alpha Zero is $83.40 for the first month after 40% off, and another $83.40 for each month you're still in the evaluation. Alpha's evaluation resets cost $79 to $249 on Zero; Apex evaluations have no resets.
Which pays more? Per payout, Apex: 100% of each approved amount, against Alpha's 90%. Per month, it depends on caps and timing. Apex pays every 5 trading days, with a cap that starts at $1,000 to $2,500 and rises over a maximum of 6 payouts per PA. Alpha allows up to 4 withdrawals a month, each after 5 winning days of $200+ and up to 50% of profit, with a cap set by plan: $1,000 to $2,500 (Zero), $3,000 to $5,000 (Standard) or $15,000 (Advanced).
| Plan · sizes | Split (trader / firm) | When you can request | Max per payout |
|---|---|---|---|
| Apex Trader FundingIntraday Trail25K · 50K · 100K · 150K | 100% — no split | Every 5 trading days | Capped per payout: $1,000·$1,500·$2,000·$2,500 (1st) → up to $5,000 by 6th · max 6 · min $500 |
| Apex Trader FundingEOD Trail25K · 50K · 100K · 150K | 100% — no split | Every 5 trading days | Capped per payout: $1,000·$1,500·$2,000·$2,500 (1st) → up to $5,000 by 6th · max 6 · min $500 |
| Alpha FuturesZero25K · 50K · 100K | 90% / 10% | 4x a month (5 winning days) | $1,000 · $1,500 · $2,500 ($200 min) |
| Alpha FuturesStandard50K · 100K · 150K | 90% / 10% | 4x a month (5 winning days) | $3,000 · $4,000 · $5,000 ($500 min) |
| Alpha FuturesAdvanced50K · 100K · 150K | 90% from day 1 | 4x a month (5 winning days) | $15,000 per request ($1,000 min) |
| Alpha FuturesDirect25K · 50K · 100K · 150K | 90% / 10% | Up to 4x a month (profit target + 20% consistency; no winning-day rule) | $1,000 · $2,000 · $2,500 · $3,000 ($500 min) |
"Max per payout" is the most one request can withdraw in the sim-funded stage, by account size. Caps, buffers and minimums change often; confirm in your dashboard before you plan around them.
Apex's site blocked our October check, so its payout rules come from our September audit and search-engine excerpts of its help center. The caps for payouts 2-5 are the least certain figure. Confirm in your dashboard.
Minimums: Apex $500; Alpha $200 on Zero, $500 on Standard and Direct, and $1,000 on Advanced. Alpha's max loss limit doesn't reset when you withdraw.
It comes down to price and a 100% payout (Apex) versus large withdrawals with fewer rules (Alpha Advanced).
Check each firm's full rulebook and current pricing before you buy, or line them up against the rest of the field.
