Alpha Capital vs Funded Trading Plus: Elite Prop Firms Comparison

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Introduction

Alpha Capital and Funded Trading Plus stand as prominent players in the proprietary trading firm industry, offering traders access to funded accounts after successfully passing assessment phases. Alpha Capital is known for its competitive profit splits and flexible trading conditions, boasting a strong 4.7/5 rating on Trustpilot. Funded Trading Plus distinguishes itself with its trader-friendly evaluation metrics and responsive customer support, maintaining a solid 4.4/5 Trustpilot rating. Both firms provide opportunities for traders to access significant capital without risking their own funds, though they differ in key aspects of their program structures, assessment criteria, and support offerings.

FeatureAlpha CapitalFunded Trading Plus - Elite Prop Company Review
Alpha Capital Funded Trading Plus - Elite Prop Company Review
Founded20212021
Profit Split8080-100%
Maximum Account Size$200,000$200,000
Evaluation PhasesAlpha One: 1; Alpha Pro: 2; Alpha Swing: 2; Alpha Three: 32
Trustpilot Rating4.74.4
Expert Grade8.98.3
ProgramAlpha CapitalFunded Trading Plus - Elite Prop Company Review
Entry Level ProgramAlpha OneInstant Funding
Advanced ProgramAlpha Prime2-Step Classic
Scaling OptionsYesYes
Demo AccountYes
CriteriaAlpha CapitalFunded Trading Plus - Elite Prop Company Review
Profit TargetAlpha One: 10%; Alpha Pro 6%: 6% / 6%; Alpha Pro 8%: 8% / 5%; Alpha Pro 10%: 10% / 5%; Alpha Swing: 10% / 5%; Alpha Three: 8% / 4% / 4%7-10%
Maximum DrawdownAlpha One: 6%; Alpha Pro 6%: 6%; Alpha Pro 8%: 8%; Alpha Pro 10%: 10%; Alpha Swing: 10%; Alpha Three: 6%6-8%
Minimum Trading Days0
News TradingYesYes
OptionAlpha CapitalFunded Trading Plus - Elite Prop Company Review
$10K AccountUSD 97 / Listed challenge / One-timeUSD 99 / Listed challenge / One-time
$25K AccountUSD 197 / Listed challenge / One-timeUSD 199 / Listed challenge / One-time
$50K AccountUSD 257 / Listed challenge / One-timeUSD 349 / Listed challenge / One-time
$100K AccountUSD 457 / Listed challenge / One-timeUSD 549 / Listed challenge / One-time
$200K AccountUSD 897 / Listed challenge / One-timeUSD 999 / Listed challenge / One-time
Coupons / DiscountAlpha Capital discountFunded Trading Plus - Elite Prop Company Review discount
FeatureAlpha CapitalFunded Trading Plus - Elite Prop Company Review
Trading PlatformsMetaTrader 5, cTrader, DX Trade, TradeLockerMT5, cTrader, DXtrade, Match-Trader
ForexYesYes
StocksYes
IndicesYesYes
CommoditiesYes
CryptocurrenciesYes
BondsNo
EA/Algo TradingRisk-management EAs only; MT5; pre-approvedcTrader only
FeatureAlpha CapitalFunded Trading Plus - Elite Prop Company Review
Payout Termsminimum: $100 gross; bi_weekly: every 14 days (Pro and Three only); on_demand: 2% profit required; 40% best-day rule applies; processing_time: 2 business daysWeekly or every 10 days, minimum $50
See all prop firm payouts →
Key ElementAlpha CapitalFunded Trading Plus - Elite Prop Company Review
StrengthsStatic drawdown on most plans, Hedging and stacking permitted, Overnight and weekend holds allowed in evaluation, Four platforms available, No time limit or account expiry, On-demand payouts from 2% profitProfit splits up to 100%, No evaluation time limits, Fast payouts from Day 1, $19.5M+ paid to traders
WeaknessesNon-refundable fee, Flat 80% split; no 90% tier, 2-minute average trade duration rule, Risk Management Group discretionary restrictions, Weekend holding restricted on funded Alpha Pro, Account deactivates after 30 days inactivityHigher challenge fees vs competitors, No MT4 support, EAs limited to cTrader, High metal commissions
Best ForSwing and position traders seeking static drawdowns and permissive evaluation rulesTraders seeking high profit splits and flexible evaluation timelines

FAQ

What makes Alpha Capital popular among users?

Alpha Capital has gained popularity due to its 1-Step / 2-Step / 3-Step evaluation paths with a flat 80% profit split, no time limits on evaluations, refundable challenge fee on first payout, and a comprehensive trading academy. Funded scaling is up to $2M total allocation through 25% increases per 10% profit milestone. Weekend holding, news trading, and Expert Advisors are all permitted.

How does Funded Trading Plus differ from other similar organizations?

Funded Trading Plus distinguishes itself through its FT+ 2.0 lineup (since early 2026): Instant Funding, 1-Step Express, and 2-Step Classic. Account sizes start at $5,000 and scale up to $2.5M, with profit splits up to 100%. Platforms supported are MT5, cTrader, DXtrade, and Match-Trader (no MT4). All programs are now swap-free by default. Note: Expert Advisors are permitted only on cTrader, not on MT5, DXtrade, or Match-Trader.

Do both firms offer refunds if I don’t pass the evaluation?

Neither firm offers refunds specifically for failing evaluations. However, Alpha Capital offers a refundable model where your initial fee is refunded after your first payout as a funded trader. Funded Trading Plus has a more limited 7-day partial refund policy for those who decide the program isn’t suitable, regardless of evaluation performance.

Which firm is better for beginners?

Funded Trading Plus tends to be more beginner-friendly due to its lower entry price points ($99 for a $10K account), more comprehensive educational resources, and community access for all traders regardless of status. Alpha Capital, while offering excellent conditions, is generally better suited for traders with some experience who can capitalize on the absence of time pressure during evaluations.

Can I trade cryptocurrencies with both firms?

Both firms offer cryptocurrency trading. Funded Trading Plus supports BTC, ETH, LTC, DOGE, ADA and more across all programs. Alpha Capital supports Bitcoin, Ethereum, and select major cryptocurrencies alongside forex, commodities, and indices.

How was this 2 companies Comparison Created?

1. We Collect

Our comparison begins with extensive data collection from multiple sources. We gather information directly from Alpha Capital and Funded Trading Plus official websites, terms of service documents, and public announcements. We supplement this with hundreds of verified user reviews from Trustpilot, trading forums, and social media platforms. Additionally, we consult with industry experts and current/former users of both platforms to gain deeper insights into real-world experiences.

2. We Examine

Our team of professional traders and financial analysts meticulously examines all collected information. We verify each claim against multiple sources and test platform features whenever possible. Special attention is paid to consistency of information across different channels and timeframes. We also evaluate historical changes in program terms to identify trends in how each company treats its traders over time.

3. We Score

Our scoring methodology employs a weighted evaluation system across multiple categories: program structure (15%), evaluation criteria (20%), pricing (15%), platform capabilities (15%), trader support (15%), profit potential (10%), and community feedback (10%). Each category contains multiple subcriteria that are scored independently before being combined into the final ratings. This multi-dimensional approach ensures that strengths in one area don’t mask significant weaknesses in others.

4. You Choose

The final decision depends on your individual trading style, experience level, and priorities. If maximizing profit splits and trading without time pressure are your priorities, Alpha Capital may be your better choice. If you value platform variety, educational resources, and lower entry costs, Funded Trading Plus might be more suitable. Consider testing both platforms’ free demos if available before committing, and remember that even small differences in trading conditions can significantly impact your success with funded trading programs.

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JoinProp Alpha Capital and Funded Trading Plus stand as prominent players in the proprietary trading firm industry, offering traders access to funded accounts after successfully passing assessment phases. Alpha Capital is known for its competitive profit splits and flexible trading conditions, boasting a strong 4.7/5 rating on Trustpilot. Funded Trading Plus distinguishes itself with its trader-friendly evaluation metrics and responsive customer support, maintaining a solid 4.4/5 Trustpilot rating. Both firms provide opportunities for traders to access significant capital without risking their own funds, though they differ in key aspects of their program structures, assessment criteria, and support offerings.

About JoinProp

JoinProp is your trusted gateway to the world of proprietary trading. We provide clear, unbiased firm reviews, comparison tools, and educational content to help traders at all levels make smarter decisions and grow their trading careers. Whether you’re just getting started or scaling up, JoinProp is here to guide your journey.

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