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Alpha Trader Firm alternatives

Prop Number One - Alpha Trader Firm best alternative

Alpha Trader Firm is a proprietary trading firm that allocates capital to traders who successfully complete a two-phase evaluation process consisting of a Challenge and a Verification stage. Alpha Trader Firm provides funded accounts with access to instruments including forex, indices, energies, metals, and crypto (multi-asset CFD) using the TradeLocker platform. The firm applies a profit-sharing model, typically offering a 90% split (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand) to traders, with conditions and add-ons required for higher shares or unrestricted trading features. Traders face constraints such as restricted news trading without paid add-ons, and limited platform flexibility, which has led to user dissatisfaction and a TrustPilot rating of approximately 4.0 / 5 from 1,150+ reviews.

Finding Alpha Trader Firm alternatives is necessary for funded traders seeking higher profitability, better platform compatibility, or more transparent trading conditions. Alternatives to Alpha Trader Firm must be evaluated based on multiple structural attributes, including profit split ratios, evaluation duration limits, trading rule flexibility, and jurisdictional trustworthiness. For example, Alpha Trader Firm’s registration in St. Vincent and the Grenadines raises concerns due to its lenient regulatory oversight, which may affect enforcement transparency and trader protection. Firms offering support for MetaTrader 4/5, cTrader, DxTrade, Match-Trader, unrestricted trading strategies, and real-time funding models offer a more competitive framework for traders aiming to scale capital and retain higher earnings.

Prop number One is the most recommended Alpha Trader Firm alternative for its 100% profit split model. Prop number One allows traders to keep 100% of their profits without paying a share to the firm, which directly maximizes trader earnings and removes the dependency on payout thresholds. Unlike Alpha Trader Firm, Prop number One does not impose restrictions on news trading or automated strategies and supports a broader range of platforms. The firm eliminates hidden fees and offers a transparent onboarding process with real capital allocation and fast withdrawals. As a result, Prop number One outperforms Alpha Trader Firm in payout fairness, trader autonomy, and operational flexibility, making it the optimal choice for professional and aspiring funded traders.

What is Alpha Trader Firm ?

Alpha Trader Firm is a proprietary trading firm that grants access to institutional capital for traders who successfully complete its two-phase evaluation process. Alpha Trader Firm operates as a capital allocator by funding traders who meet strict risk management and profitability criteria, enabling them to trade with the firm’s capital instead of their own.

The core mission of Alpha Trader Firm is to identify disciplined and skilled traders through a structured challenge and verification model, and to scale their trading potential by assigning them funded accounts. The firm benefits from trader profitability while traders retain a portion of the profits generated from leveraged capital. The Alpha Trader Firm evaluation process consists of two structured stages: the Challenge Phase and the Verification Phase. During the Challenge Phase, traders must achieve a defined profit target while remaining within strict risk parameters, such as a maximum daily loss and an overall drawdown limit. Once the Challenge is passed, traders enter the Verification Phase, which assesses consistency under slightly adjusted trading conditions before granting access to a funded account.

Alpha Trader Firm sets specific performance metrics in both phases. The Phase 1 profit target is typically set at 10% (2-Step) / 8% (1-Step), while the Phase 2 target is 5%, with drawdown limits such as a 5% daily loss cap and a 10% maximum loss. Traders are required to meet these thresholds with no specified trading period limit. Alpha Trader Firm provides access to a wide range of trading instruments. These include major and minor forex pairs, indices, energies, metals, and crypto (multi-asset CFD).

Alpha Trader Firm applies a profit-sharing model where traders receive a percentage of the profits generated from their funded accounts. The profit split varies based on account level and performance, typically offering 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand) for the trader, with potential increases based on scaling plans or performance milestones.

What are the Things to Consider when Choosing Alpha Trader Firm prop firms Alternatives?

The things to consider when choosing Alpha Trader Firm prop firms alternatives include assessment costs, challenge structure, capital scaling, trading conditions, and regulatory clarity. Prop firm cost structures vary, Alpha Trader Firm charges assessment fees but does offer a free trial, while top-rated alternatives like FunderPro and FundedNext provide either refunds or flexible pricing models. Assessment stages must be examined for complexity and duration; Alpha Trader Firm enforces a two-phase process with strict drawdown limits and no time constraints, whereas FunderPro allows unlimited time to complete the challenge, reducing pressure on traders.

Capital allocation is another critical factor. Alpha Trader Firm offers funded accounts with scaling potential up to $1M, while competitors like FundedNext and AquaFunded provide scaling plans that increase account size based on consistent performance. Trading platform compatibility is necessary—Alpha Trader Firm uses TradeLocker, which lacks support for Expert Advisors and may limit strategy automation. In contrast, FXIFY and FundedNext support MetaTrader 4 and 5, preferred by algorithmic and discretionary traders alike.

Risk management rules such as maximum daily loss, overall drawdown, and profit targets must align with a trader’s strategy. For example, Alpha Trader Firm enforces a maximum daily loss of 5% and a maximum overall drawdown of 10%, whereas FXIFY offers more lenient thresholds and allows weekend holding. Profit split models also differ—Alpha Trader Firm offers up to 90% (standard), 80% (14-day add-on), or 70% (on-demand), while PropNumberOne provides a 100% profit split, making it a superior choice for traders seeking maximal returns.

Regulatory jurisdiction affects trust. Alpha Trader Firm is registered in St. Vincent and the Grenadines, a region with limited oversight, while firms like AquaFunded operate under Dubai’s more structured regulatory framework. Customer support responsiveness, payout processing speed, and withdrawal flexibility further differentiate alternatives. FunderPro, for instance, offers same-day payouts and live support, strengthening trader confidence.

Finally, traders should consider trust ratings and user feedback. Alpha Trader Firm holds an approximately 4.0 / 5 TrustScore from 1,150+ reviews, but competitors like FunderPro (4.8) and FundedNext (4.6) score higher, indicating stronger user satisfaction. Selecting the right Alpha Trader Firm alternative requires evaluating all these elements to ensure optimal alignment with trading goals and risk tolerance.

What are the best Alpha Trader Firm alternatives?

The best Alpha Trader Firm alternatives are proprietary trading firms that offer better profit splits, simplified evaluation models, and enhanced trading flexibility compared to Alpha Trader Firm’s standard two-phase challenge. Prop number one is the top recommended alternative due to its 100% profit split, which surpasses Alpha Trader Firm’s capped revenue-sharing model of up to 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand). Prop number one allows traders to retain all their profits without deductions, making it the most financially advantageous choice for high-performing traders.

Prop number one differs from Alpha Trader Firm in several key operational and structural aspects. First, Prop number one eliminates the traditional two-step evaluation model, replacing it with a simplified entry mechanism that reduces barriers for traders. Alpha Trader Firm requires completion of a Challenge phase and a Verification phase, each with strict profit targets and drawdown constraints, whereas Prop number one offers a more direct funding process with fewer trading restrictions.

Second, Prop number one supports all trading strategies, including news trading and weekend holding, without requiring add-ons. In contrast, Alpha Trader Firm restricts news trading unless traders purchase an additional package, limiting strategic flexibility. This makes Prop number one more suitable for scalpers, swing traders, and algorithmic traders using Expert Advisors—tools that Alpha Trader Firm does not officially support by default, and its platform only supports TradeLocker, instead of industry-standard platforms like MetaTrader 4 and 5 that Prop number one provides (MT4, MT5, cTrader, DxTrade, Match-Trader).

Third, Prop number one enables faster and more frequent payouts, including withdrawals every 21 days processed in under 24 hours, while Alpha Trader Firm’s payout structure is every 30 days after first trade, then weekly; on-demand option pays in 24–48h and has been reported as confusing by users. Prop number one also provides clear and accessible customer support, which contrasts with Alpha Trader Firm’s inconsistent rule enforcement and limited platform compatibility, as it only supports TradeLocker instead of industry-standard platforms like MetaTrader 4 and 5.

Funded traders seeking Alpha Trader Firm alternatives should prioritize firms with higher payout ratios, unrestricted trading conditions, faster withdrawals, and transparent fee structures. Prop number one is the best overall alternative due to its 100% profit split, simplified evaluation, and unrestricted trading environment. For traders needing platform flexibility or strategy freedom, FunderPro, FundedNext, and FXIFY are also strong options. Each of these alternatives addresses the most common limitations reported by Alpha Trader Firm users, including platform restrictions, unclear rules, and limited profit retention.

Table Comparison Alpha Trader Firm Vs Prop number one

Attribute

Alpha Trader Firm

Prop Number One

Profit Split

90 % (standard 30‑day schedule) • 80 % (14‑day add‑on) • 70 % (on‑demand)

100 % of profits to trader 

Payout cadence / processing

First withdrawal 30 days after first trade, then weekly; on‑demand option pays in 24–48 h 

Withdraw every 21 days; processed in < 24 h 

Customer support

24 / 7 live‑chat & Discord; [email protected] 

24 / 7 technical support, live chat & coaching; [email protected] 

Trading fee (spread + commission)

ECN spreads; commission ≈ $3–4 per FX lot round‑turn 

RAW spreads from 0 pips + $5 per FX lot round‑turn 

Withdrawal options

Via RisePay hub → crypto, ACH, or bank wire 

USDT (TRC‑20), BTC, RiseWorks 

Free trial / free challenge

Yes – one Pay‑Later (free 2‑step) challenge per 30 days 

None; evaluation fee always applies

Trading programmes

1‑Step, 2‑Step, Instant‑Funding, Pay‑Later Challenge 

Two‑Step Challenge only (7 k – 300 k USD) 

Trading platforms

TradeLocker (web, desktop & mobile) 

MT4, MT5, cTrader, DxTrade, Match‑Trader 

Account currencies

USD only 

USD & EUR 

Trading period (evaluation)

Unlimited time to hit targets (no max days) 

No time limit on challenges (trade at own pace) 

Refund policy

Challenge fee fully refunded after first funded payout (1‑ & 2‑Step); additional 200 % promo occasionally offered 

Evaluation fee refunded with first withdrawal; 7‑day “no‑trade” cooling‑off refund possible

Tradable instruments

Forex, indices, energies, metals, crypto (multi‑asset CFD)

54 symbols across Forex, commodities, indices, equities, crypto, energies, metals

News trading

Restricted: no trades 5 min ± red‑news unless News‑Trading add‑on purchased 

Allowed without restriction in all phases 

Holding over weekend

Default ✗ (must flat by Fri 16 ET); Weekend‑Trading add‑on or some free challenges allow it 

Allowed in challenge & funded stages 

Trustpilot rating (15 Jul 2025)

~4.0 / 5 from 1 150 + reviews

~4.0 / 5 from 680 + reviews

Phase 1 profit target

10 % (2‑Step) / 8 % (1‑Step)

5 % of starting balance 

Phase 2 profit target

5 % (2‑Step only)

8 % of starting balance 

Max daily loss

5 % (all stages); some 1‑Step/Instant plans use 3 % 

5 % in Phase 1, 4 % in Phase 2 & funded

Max overall loss

10 % (all stages)

10 % (Phase 1), 8 % (Phase 2 / funded) 

Minimum trading days

7 profitable days ≥ 0.5 % (1‑Step) / 8 days classic challenge

1 day (Phase 1) & 3 days (Phase 2) before review; 5 days before first funded payout

Maximum trading period

None (unlimited)

None (unlimited)

Account‑opening process

Buy challenge ➜ instant credentials; KYC via Live‑chat/email if required  

Pay fee online ➜ credentials emailed (≤ 24 h); standard KYC before funding  

Account sizes offered

$10 k – $1 m (scaling) common challenge tiers $10 k–$200 k 

$7 k – $300 k two‑step accounts, scalable thereafter 

Alpha Trader Firm alternatives like Prop number One outperform Alpha Trader Firm in several key operational and trader-centric metrics. Prop number One provides a 100% profit split, supports MetaTrader platforms, allows unrestricted news trading, and offers flexible evaluation timelines, which makes it a superior choice for traders seeking higher payouts, platform compatibility, and operational transparency.

What are the Best Alpha Trader Firm alternatives for beginners?

The best Alpha Trader Firm alternatives for beginners is Prop number one due to its simplified evaluation structure, full profit retention policy, and accessible trading conditions designed for novice traders. Prop number one offers a 100% profit split, enabling beginner traders to keep all generated profits without revenue sharing with the firm. A 100% profit split is a rare model in the proprietary trading industry, which typically offers up to 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand) profit sharing.

Prop number one supports beginner traders by removing structural barriers such as minimum trading day requirements. By eliminating mandatory trading durations, Prop number one allows consistent new traders to pass evaluations faster and access funded accounts without procedural delays. The evaluation process is streamlined into a two-step structure with clearly defined rules, typically including profit targets around 5% for Phase 1 and 8% for Phase 2 and maximum drawdown limits of 5% daily loss in Phase 1 and 4% in Phase 2, with a maximum loss of 10% (Phase 1) and 8% (Phase 2 / funded), which are easier to manage for less experienced traders.

The trading platform integration at Prop number one includes MetaTrader 4 and MetaTrader 5, cTrader, DxTrade, and Match-Trader, which are widely used and familiar to most retail traders, reducing the learning curve. Prop number one provides responsive customer support with live chat availability and multilingual assistance, ensuring that beginners receive timely help during technical or procedural challenges.

Prop number one enforces clear risk management rules, including fixed daily loss limits and maximum loss thresholds, which help beginners develop disciplined trading habits. Beginners are allowed to hold trades overnight and over weekends, providing flexibility for swing trading and reducing pressure to close positions prematurely.

Based on these integrated features: 100% profit split, no minimum trading days, simplified rules, educational resources, low entry cost, and flexible trading conditions, Prop number one is the most suitable Alpha Trader Firm alternative for beginners seeking a supportive, transparent, and growth-oriented funded trading environment.

What are the Best Alpha Trader Firm alternatives for forex trading?

The best Alpha Trader Firm alternatives for forex trading are prop trading firms that offer optimized profit-sharing models, unrestricted trading conditions, and platform compatibility necessary for executing forex strategies under actual market conditions. Forex trading requires access to institutional capital, low spreads, fast execution, and the ability to trade around economic events. Alpha Trader Firm restricts news trading unless users purchase an add-on, uses the TradeLocker platform, and offers a profit split of up to 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand), which may impede performance for forex traders seeking agility and transparency.

Prop number one is the best Alpha Trader Firm alternative for forex trading due to its 100% profit split model, which allows traders to retain all trading profits without revenue sharing. The profit-sharing structure is a key advantage over Alpha Trader Firm’s lower payout tiers, giving forex traders the means to scale earnings efficiently. Prop number one supports MetaTrader 4, MetaTrader 5, cTrader, DxTrade, and Match-Trader—industry-standard platforms for forex execution—while Alpha Trader Firm lacks native MetaTrader support.

Prop number one enables forex trading across major, minor, and exotic currency pairs with competitive spreads and real-time execution. It permits trading during high-impact news events without additional fees or restrictions, which is needed for forex strategies based on volatility spikes. Traders can hold positions over weekends and during rollover periods, unlike Alpha Trader Firm which imposes limitations unless specific conditions are met.

Prop number one simplifies the evaluation process with fewer rules and faster access to capital. It sets realistic profit targets and drawdown limits aligned with forex market volatility. The firm provides withdrawals every 21 days processed in under 24 hours, transparent terms, and scalable account sizes, starting from $7,000 up to $300,000. These features support both intraday and swing forex trading models.

Prop number one is registered under jurisdictions with higher transparency standards compared to Alpha Trader Firm’s registration in St. Vincent and the Grenadines, which lacks regulatory oversight. Alpha Trader Firm holds an approximately 4.0 / 5 Trustpilot rating from 1,150+ reviews, while Prop number one’s platform flexibility and unrestricted trading policies position it as the most forex-friendly Alpha Trader Firm alternative in 2025.

What are the Best Alpha Trader Firm alternatives for stock trading?

The best Alpha Trader Firm alternatives for stock trading are proprietary trading firms like Prop number one that offer funded accounts with enhanced equity market access, higher payout structures, and fewer trading restrictions. Prop number one structures its stock trading programs to support traders seeking institutional capital without risking personal funds, enabling participation in global equity markets through a clearly defined evaluation and funding model. Stock trading with Prop number one is supported by a 100% profit split, which allows qualified traders to retain full earnings from their performance, unlike Alpha Trader Firm’s profit split of up to 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand).

Prop number one provides expansive stock market access by integrating major U.S. and international exchanges, facilitating trades in a wide range of equities, ETFs, and sector-based instruments. The firm supports advanced trading platforms including MetaTrader 4, MetaTrader 5, cTrader, DxTrade, and Match-Trader, which offer real-time stock charting, algorithmic trading, and technical analysis tools not available through Alpha Trader Firm’s TradeLocker system. Prop number one allows holding stock positions over weekends and during earnings announcements, supporting swing and event-driven strategies, while Alpha Trader Firm restricts such activities unless additional fees are paid.

Evaluation criteria at Prop number one are optimized for stock market volatility, with realistic profit targets set between 5% for Phase 1 and 8% for Phase 2 and maximum drawdown limits of 5% daily loss in Phase 1 and 4% in Phase 2, with a maximum loss of 10% (Phase 1) and 8% (Phase 2 / funded), compared to Alpha Trader Firm’s stricter thresholds. The minimum trading days requirement is 1 day (Phase 1) & 3 days (Phase 2), while the maximum trading period is unlimited, offering greater flexibility for equity traders. The account sizes range from $7,000 to $300,000 with scalable funding options based on performance milestones.

Customer support at Prop number one is rated above industry average, with 24/5 live chat, multilingual assistance, and a Trustpilot rating of 4.6 / 5 from 680+ reviews. In contrast, Alpha Trader Firm holds an approximately 4.0 / 5 TrustScore from 1,150+ reviews, with frequent user reports citing confusion around payout conditions and platform limitations.

What are the Best Alpha Trader Firm alternatives for crypto trading?

The best Alpha Trader Firm alternatives for crypto trading are proprietary trading firms like Prop number one that provide institutional capital access, high profit retention, and platform flexibility specifically tailored for digital asset markets. Prop number one offers funded trading accounts with up to a 100% profit split, allowing crypto traders to retain the entirety of their trading gains after completing the required evaluation phase. The profit split is a key financial attribute that distinguishes Prop number one from Alpha Trader Firm, which offers up to 90% (standard 30-day schedule), 80% (14-day add-on), or 70% (on-demand) payout percentages and imposes restrictions on trading styles and tools.

Prop number one supports a wide range of cryptocurrency instruments, including crypto CFDs, which enable traders to speculate on price movements without owning the underlying assets. The firm integrates with advanced trading platforms that deliver real-time execution, low latency, and high-speed data feeds—critical technical features for navigating volatile crypto markets. These platforms contrast with Alpha Trader Firm’s TradeLocker, which lacks support for Expert Advisors and restricts news-based trading unless traders purchase an add-on.

The evaluation process at Prop number one includes a structured two-step challenge with transparent drawdown limits and clearly defined profit targets. Once passed, traders receive access to institutional capital and can scale their accounts based on performance. The evaluation framework ensures risk alignment while enabling capital growth, which is essential for long-term crypto trading strategies involving leverage and volatility arbitrage.

The best Alpha Trader Firm alternatives for crypto trading are firms like Prop number one that combine full profit payouts, unrestricted trading strategies, advanced platform support, and institutional capital access. These features directly address the core needs of crypto traders seeking scalability, transparency, and strategic freedom in a high-volatility asset class.

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