Alpha Futures vs Apex Trader Funding (2026)
Alpha Futures and Apex Trader Funding are two of the most searched futures prop firms of 2026. Alpha Futures has the lower entry price (from $99 vs $147), while Apex Trader Funding offers the stronger profit split at 100%. On payout track record, Apex Trader Funding leads with $650M paid to 145,000 traders, against $14M for Alpha Futures. Apex Trader Funding is the more established operation, running since 2022.
Side-by-side comparison
| Feature | Alpha Futures | Apex Trader Funding |
|---|---|---|
| Rating | ★ 4.5 (1,240) | ★ 4.2 (8,421) |
| Founded | 2023 (US) | 2022 (US) |
| Starting price | $99 | $147 |
| Max allocation | $150,000 | $250,000 |
| Profit target | 8% | 8% |
| Max drawdown | $2,000 (trailing) | $2,500 (trailing) |
| Profit split | 90% | 100% |
| Min trading days | 1 | 1 |
| News trading | Yes | Yes |
| Instant funding | No | No |
| Scaling plan | Yes | Yes |
| Platforms | Tradovate, NinjaTrader, Rithmic | Rithmic |
| Total paid out | $14M | $650M |
| Traders paid | 6,400 | 145,000 |
| Average payout | $1,700 | $1,850 |
Alpha Futures in brief
Alpha Futures is a community-driven prop firm with transparent rules.
Apex Trader Funding in brief
Apex Trader Funding offers a straightforward approach to prop trading with simple rules and transparent programs. They focus on quick payouts and efficient support, allowing traders to keep 100% of their requested rewards in Sim Funded accounts. With options for EOD and Intraday drawdown accounts, they aim to provide clear paths to funding without micromanagement or hidden rules. The firm also boasts significant payouts to customers since 2022.
Verdict
- ▸Choose Alpha Futures if entry cost matters most — its evaluations start at $99 with trailing drawdown.
- ▸Choose Apex Trader Funding if you're optimizing for keep-rate — traders keep 100% of profits and the average payout is $1,850.
- ▸On reputation, Apex Trader Funding's $650M in verified payouts is the strongest trust signal between the two.
FAQ
Which is cheaper, Alpha Futures or Apex Trader Funding?
Alpha Futures is cheaper to start: evaluations from $99 versus $147.
Which has the higher profit split, Alpha Futures or Apex Trader Funding?
Apex Trader Funding has the higher profit split at 100%, versus 90%.
Which firm has paid out more, Alpha Futures or Apex Trader Funding?
Apex Trader Funding has the larger verified payout record: $650M versus $14M.