A source-backed, side-by-side look at how Apex Trader Funding and Alpha Futures treat drawdown, payouts, pricing, and the rules that actually decide whether you keep a funded account.
Best fit
Traders who want up to 20 Performance Accounts and a 100% approved payout split.
Think twice if
You need a long-lived account without payout-cycle constraints or you dislike strict consistency and compliance review.
Best fit
Traders seeking 90% split, no qualified consistency on Premium/Advanced, and high withdrawal caps.
Think twice if
You want a long operating history or dislike newer-firm execution and payout-risk uncertainty.
Every value below is pulled from each firm's official sources. Confirm live figures at checkout. New to the terms? See the key terms below.
| Rule | Apex Trader Funding | Alpha Futures |
|---|---|---|
| Account sizes | $25K, $50K, $100K, $150K | $25K to $150K depending on plan |
| Evaluation pricing | One-time evaluation purchase with 30 calendar days of access; net price changes with sales and account type. | Premium 50K/100K/150K: $79/$159/$239 per month with activation fee, or $159/$269/$379 per month on No Activation Fee path. |
| Activation fee | $79 intraday PA activation or $99 EOD PA activation was captured in prior official-source pass; verify at checkout before quoting. | $149 on lower-monthly-cost Premium path; $0 on No Activation Fee path. |
| Profit targets | $1.5K, $3K, $6K, $9K on EOD evaluations. | Premium 50K/100K/150K: $3K/$6K/$9K. |
| Drawdown | EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. | Premium MLL: $2K/$3K/$4.5K. |
| Daily loss limit | $500/$1K/$1.5K/$2K fixed DLL on EOD evaluations; hitting DLL pauses the day rather than failing the account. | Premium has no Daily Loss Guard in evaluation or qualified stage. |
| Consistency rule | 50% payout consistency on current PA payout eligibility. Legacy accounts can differ. | Premium requires 50% consistency in evaluation only; no consistency rule on Premium Qualified accounts. |
| Min trading days | EOD evaluation may pass in one day if the profit target is reached and rules are followed. | Payout eligibility: 5 winning days of $200+; evaluation minimum not separately captured beyond consistency constraints. |
| Payout | EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. | 90% split on every Premium withdrawal. Up to 4 withdrawals per month. Premium payout caps increase from $3K to $6K by payout number. |
| Coupon | SAVENOW (official code) | Affiliate-linked discount (no public code) |
Drawdown. Apex Trader Funding: EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. Alpha Futures: Premium MLL: $2K/$3K/$4.5K.
Payouts. Apex Trader Funding: EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. Alpha Futures: 90% split on every Premium withdrawal. Up to 4 withdrawals per month. Premium payout caps increase from $3K to $6K by payout number.
Cost beyond the sticker. Apex Trader Funding runs a One-time evaluation access plus activation fee model — Discount cadence is high, and EOD versus intraday payout rules differ. Alpha Futures runs a Monthly subscription with activation-fee choice model — High withdrawal caps and 90% split are attractive, but Premium launched May 1, 2026.
Apex Trader Funding: One-time evaluation purchase with 30 calendar days of access; net price changes with sales and account type. Activation: $79 intraday PA activation or $99 EOD PA activation was captured in prior official-source pass; verify at checkout before quoting. Alpha Futures: Premium 50K/100K/150K: $79/$159/$239 per month with activation fee, or $159/$269/$379 per month on No Activation Fee path. Activation: $149 on lower-monthly-cost Premium path; $0 on No Activation Fee path. Net cost depends on current sales and activation fees, so confirm the final total at checkout.
Apex Trader Funding: EOD path uses $1K/$2K/$3K/$4K EOD drawdown; intraday path has separate trailing rules. Alpha Futures: Premium MLL: $2K/$3K/$4.5K.
Apex Trader Funding: $500/$1K/$1.5K/$2K fixed DLL on EOD evaluations; hitting DLL pauses the day rather than failing the account. Alpha Futures: Premium has no Daily Loss Guard in evaluation or qualified stage.
Apex Trader Funding: EOD PA documentation says approved payouts are 100% split. Intraday PA payout page lists at least 5 qualifying trading days, $500 minimum payout, and max 6 payouts per Performance Account. Alpha Futures: 90% split on every Premium withdrawal. Up to 4 withdrawals per month. Premium payout caps increase from $3K to $6K by payout number.
Official help, pricing, and payout pages used for this comparison.
Firm rules, payouts, and coupons change often. Read the rule risk first, then pick the firm that fits how you actually trade.
Comparison research, not investment advice. Funded-account rules, pricing, payout schedules, and coupons change without notice — figures here reflect the dataset last reviewed May 22, 2026. Always confirm current terms on the firm's official site before purchasing an evaluation.