Compare firms
Two whole firms side by side: what each publishes across markets, platforms, fees, loss models, permissions and payouts. Rex describes differences and never declares a winner.
Comparing two purchasable plans instead? Compare challenges.
Funded Trader Markets offers simulated forex/CFD evaluation and instant accounts. The current catalogue has 1 Step Nitro, 2 Step Plus, Instant Standard, Instant Pro and Instant Plus. The contracting entity is Formed Technologies INT FZCO (UAE); the Cyprus entity acts as payment agent. Allocation is capped by programme, with a $1 million combined maximum. Prices below are regular published fees; the live official matrix also advertises temporary discounts. Reward eligibility requires five profitable trading days (at least 0.5% per day), minimum 1% profit before split, and the applicable consistency rule. Crypto rewards incur a 5% processing fee. Shield Risk on Plus programmes can reduce profit share after a floating-loss breach. MT5/cTrader cannot be used by U.S. residents/IPs; confirm country and platform eligibility before purchase. Marketing slogans differ from several detailed FAQ rules; the rule cards use the detailed programme FAQs and flag the 300K daily-loss conflict.
Alpha Capital Group is a UK-headquartered Forex / CFD prop firm running evaluations and an Alpha Direct instant-funding line from $5,000 to $200,000 on MT5, cTrader, TradeLocker and DXtrade. Alpha Direct carries a 5% trailing drawdown that locks at the starting balance, a 3% daily soft breach, a 90% split and a 15% best-day ceiling on payouts; total allocation across its programs is capped at $400,000 per trader.
Shareable link
Quick highlights
The differences most likely to change a decision, stated neutrally. Rex names no winner, because which of these matters depends entirely on how you trade.
Market
Funded Trader MarketsForex · CFD
Alpha Capital GroupForex · CFD
Both operate in the same market, so their published rules use comparable units.
Entry price
Funded Trader MarketsForex · CFD · USD · one-time · $43
Alpha Capital GroupForex · CFD · USD · one-time · $27
Entry price is the advertised figure only. Activation and reset charges are recorded separately and often decide the real cost.
Profit split (base)
Funded Trader Markets90%
Alpha Capital Group90%
A published base share is a commitment. A ceiling with no stated base is not, and Rex records it as not published rather than as the headline number.
Choice of plans
Funded Trader Markets28 options
Alpha Capital Group54 options
More options means more chance of a size and structure that suits you; it says nothing about the quality of any single plan.
Evaluation structures
Funded Trader Markets1-step · 2-step · Instant
Alpha Capital GroupInstant · 1-step · 2-step
One-step and two-step evaluations distribute the same difficulty differently. Neither is easier as a rule.
Evidence coverage
Funded Trader Markets92% documented
Alpha Capital Group54% documented
This measures how much of each firm Rex could source, not how good the firm is. A lower figure means less was published, not worse terms.
What the split difference is actually worth
Your assumptions, each firm's published split. Not a forecast, and not a reason on its own to pick either firm.
A 8% return on $100,000 is $8,000 gross per cycle, before each firm’s split.
Funded Trader Markets
- Split applied
- 90%
- Your share per cycle
- $7,200
- Across 3 cycles
- $21,600
- Less the entry price
- − $43
- Net
- $21,557
Alpha Capital Group
- Split applied
- 90%
- Your share per cycle
- $7,200
- Across 3 cycles
- $21,600
- Less the entry price
- − $27
- Net
- $21,573
This is arithmetic on your own assumptions, not a forecast. It ignores the thing that actually decides the outcome — whether you can reach a payout at all under each firm’s loss limit — and it ignores activation fees, resets and trading costs. Use it to see how much the split difference is worth, then go and read the drawdown model.
Published summary
Straight from the record. A blank is a real gap, not a formatting choice, and each sourced value can be opened to the page it was read from.
- Operating status
- Funded
- Alpha
The status this firm is currently recorded as operating under. A provisional status is read from a secondary source and not yet confirmed on the firm's own page.
- Markets
- Funded
- Forex · CFDDerived
- Alpha
- Forex · CFDDerived
Both operate in the same market, so their published rules use comparable units.
- Headquarters
- Funded
- Alpha
The country the firm publishes as its headquarters.
- Founded
- Funded
- Alpha
The year the firm states it was founded; a blank means it was not published, not that the firm is new.
- Challenge options
- Funded
- 28 optionsDerived
- Alpha
- 54 optionsDerived
More options means more chance of a size and structure that suits you; it says nothing about the quality of any single plan.
- Evaluation structures
- Funded
- 1-step · 2-step · InstantDerived
- Alpha
- Instant · 1-step · 2-stepDerived
One-step and two-step evaluations distribute the same difficulty differently. Neither is easier as a rule.
- Published starting prices
- Funded
- Forex · CFDDerived
- Alpha
- Forex · CFDDerived
The advertised entry price only. Activation and reset charges are recorded separately and often decide the real cost; monthly and one-time prices are not the same cost and are never compared.
- Profit split (base)
- Funded
- 90%Derived
- Alpha
- 90%Derived
A published base share is a commitment. A ceiling with no stated base is not, and Rex records it as not published rather than as the headline number.
- Research depth
- Funded
- Full research
- Alpha
- Full research
Evidence coverage of the firm, assigned by Rex research. It is not a quality, safety or Rex Score judgement.
- Data Confidence
- Funded
- 92% documentedDerived
- Alpha
- 54% documentedDerived
How much of each firm Rex could source, not how good the firm is. A lower figure means less was published, not worse terms.
Change history
Terms change quietly. Each change is recorded only when two accepted observations differ; an empty list is the honest state for a first-seen record.
The record
Recent changes
What changed on this firm's own pages, when Rex read the difference, and what it changed from.
- firm · reviewed_completionreviewed_completionNeutral
11 published accounts; supplementary profile incomplete 28 accounts; official profile, stage-specific consistency, qualifying payout days and brand asset researched; preserved previous facts in history
Detected Oct 2, 2026 · manual verification
- FTM · profitTargetsprofitTargetsNeutral
[{"label":"Funded","stage":1,"target":{"kind":"none"}}] [{"stage":1,"target":{"kind":"none"}}]
Detected Oct 2, 2026 · official terms
- FTM · timeLimitDaystimeLimitDaysNeutral
"unlimited" "unlimited"
Detected Oct 2, 2026 · official terms
- FTM · timeLimitDaystimeLimitDaysNeutral
"unlimited" "unlimited"
Detected Oct 2, 2026 · official terms
- FTM · newsTradingnewsTradingNeutral
{"value":"allowed"} {"value":"allowed"}
Detected Oct 2, 2026 · official terms
- FTM · profitTargetsprofitTargetsNeutral
[{"label":"Phase 1","stage":1,"target":{"kind":"value","unit":"percent","amount":10}}] [{"stage":1,"target":{"kind":"value","unit":"percent","amount":10}}]
Detected Oct 2, 2026 · official terms
- FTM · maxLossmaxLossNeutral
{"type":"trailing","unit":"percent","basis":"high_water_mark","amount":6} {"type":"trailing","unit":"percent","amount":6,"basis":"initial_balance","measurement":"intraday","trailingStopPoint":"initial_balance"}
Detected Oct 2, 2026 · official terms
- FTM · dailyLossdailyLossNeutral
{"unit":"percent","amount":3} {"unit":"percent","amount":3,"basis":"initial_balance","breachEffect":"account_fail","condition":"At 5 PM EST, set the stop-out from the higher starting balance/equity minus the fixed initial-balance loss allowance; either balance or equity can breach it."}
Detected Oct 2, 2026 · official terms
Platforms, instruments and permissions
Funded Trader Markets
- Platforms
- MetaTrader 5 · cTrader · TradeLocker · MatchTrader
- Instruments
- Forex · Metals · Commodities · Indices · Crypto
- Loss models
- Trailing · intraday — Trailing · intraday · 6% · Static — Static · 10% of initial balance · Daily loss — 4% of initial balance · breach fails the account · At 5 PM EST, set the stop-out from the higher starting balance/equity minus the fixed initial-balance loss allowance; either balance or equity can breach it.
- Permissions
- News trading: Allowed · Overnight holding: Restricted · Holding is allowed only while 100% of the original position remains open; after a partial close, close the remaining position that trading day. · Weekend holding: Allowed · Gap exploitation is prohibited; partial-close overnight restrictions still apply.
- Payout policy
- Profit split: 90% 90% on the first $10,000 profit; 80% thereafter. Giveaway/free accounts receive 80%. · Payout cadence: 5 profitable trading days, each at least 0.5% of initial balance; minimum 1% simulated profit before split; consistency requirements must be met. · then on request · Close all positions before requesting. Crypto rewards carry a 5% processing fee. Withdrawal reduces available trailing drawdown; after locking, withdrawing all profit can breach the account. Above $30,000 profit, partial requests must be at least 80% before split.
Alpha Capital Group
- Platforms
- MT5 · cTrader · TradeLocker · DXtrade
- Instruments
- FX · Metals · Indices · Oil
- Loss models
- Trailing · intraday — Trailing · intraday · 5% · Static — Static · 10% of initial balance · Daily loss — 3% of start-of-day equity · breach fails the account
- Permissions
- News trading: Restricted · High-impact events listed on ForexFactory or Myfxbook · Overnight holding: Allowed · Weekend holding: Prohibited
- Payout policy
- Profit split: 90% · Payout cadence: First payout after 0 days · then every On demand, after 7 profitable trading days, a 3% profit buffer, then a minimum request of 1% of gross profits
Reviews
Offers and activity
- Funded Trader Markets2 active offers0 verified payouts · 0 notices
- Alpha Capital Group13 active offers0 verified payouts · 0 notices
Country availability
Where each firm opens accounts. A firm that says nothing about your country is unknown, never available. Rows marked preview are examples, not firm statements.
Funded Trader Markets
CITEDAvailable0Restricted13Check your countryAlpha Capital Group
CITEDAvailable0Restricted22Check your country
Related comparisons
Common pairings across both markets, generated from the record rather than from traffic.
- Alpha Capital Group Alpha Direct 100K vs AquaFunded Elite 100KSame currency and fee type, so prices order directly.
- Atmos Funded 1-Step Standard 100K vs Audacity Capital Ability Challenge 100KSame currency and fee type, so prices order directly.
- Axi Select Acceleration 100K vs BEM Funding Classic Normal 100KDifferent fee types or currencies; those fields are marked incompatible.
- Blue Guardian 1 Step 100K vs Blueberry Funded 1 Step Classic 100KSame currency and fee type, so prices order directly.
- Breakout 1-Step Classic 0.001K vs BrightFunded 1 Step 100KSame currency and fee type, so prices order directly.
- Crypto Fund Trader 1-Phase 100K vs City Traders Imperium 2-Step Challenge 10KSame currency and fee type, so prices order directly.
Funded Trader Markets and Alpha Capital Group are described here from what each publishes. Where a field is blank for one firm and filled for the other, that is a difference in disclosure rather than a difference in quality.