# Alpha Capital vs Funded Next

> Alpha Capital is the cheaper route to a $100,000 funded account at $397 against $400 for Funded Next — a difference of $3. Funded Next advertises the higher profit split at 95% against 90%. Across 12 directly comparable measures in Prop Firm Pal's like-for-like data, Alpha Capital leads on 4 and Funded Next on 3.

**Source:** https://propfirmpal.com/compare/alpha-capital-vs-funded-next  
**Generated:** 2026-10-22  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Side by side

| Measure | Alpha Capital | Funded Next |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $397 | $400 |
| Cheapest evaluation cost per $1,000 funded | $3.23 | $3.99 |
| Cheapest evaluation entry price | $27 | $33 |
| Instant funding to $100,000 | $457 | Not offered |
| Evaluation types offered | 1-step, 2-step, instant | 2-step, 1-step, instant |
| Maximum advertised profit split | 90% | 95% |
| Phase 1 profit target | 5% | 4% |
| Account sizes sold | $2,500, $5,000, $10,000, $25,000, $50,000 +2 more | $2,000, $5,000, $6,000, $10,000, $15,000 +5 more |
| Daily drawdown limit | 3% | 3% |
| Maximum drawdown limit | 4% | 6% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Equity | Equity |
| Payout frequency | Not published | Bi-weekly |
| Payout methods | Not published | Not published |
| Payment methods accepted | Credit/Debit Card, Google Pay, Apple Pay, Cryptocurrency +1 more | Credit/Debit Card, Cryptocurrency, Perfect Money, Bank Transfer |
| Trading platforms | MT5, cTrader, DXtrade, Trade Locker +1 more | MT4, MT5, cTrader, MatchTrader +1 more |
| Instruments | Forex, Metals, Energies, Indices | Forex, Indices, Commodities, Crypto +1 more |
| Maximum forex leverage | 1:100 | 1:100 |
| Community rating | 4.0/5 (7) | 4.0/5 (9) |
| Founded | 2021 | 2022 |
| Company location | United Kingdom | United Arab Emirates |
| Prop Firm Pal verification | Verified | Verified |

## Frequently asked questions

### Is Alpha Capital or Funded Next cheaper?

Alpha Capital is cheaper for an evaluation to a $100,000 funded account at $397, against $400 for Funded Next. Entry prices differ too — Alpha Capital starts at $27 and Funded Next at $33 — but those are for different account sizes, so they are not a like-for-like comparison.

### Which has the better profit split, Alpha Capital or Funded Next?

Funded Next advertises the higher maximum at 95%, against 90% at Alpha Capital. Note that the advertised maximum usually requires a scaling plan or a paid add-on rather than applying to a first account.

### What is the difference in drawdown rules between Alpha Capital and Funded Next?

Daily drawdown is 3% at Alpha Capital and 3% at Funded Next. Maximum drawdown is 4% and 6% respectively. Both use a trailing maximum drawdown.

### What platforms do Alpha Capital and Funded Next support?

Alpha Capital supports MT5, cTrader, DXtrade, Trade Locker, Alpha Trader. Funded Next supports MT4, MT5, cTrader, MatchTrader, Trade Locker.

### Which is rated higher by traders, Alpha Capital or Funded Next?

Alpha Capital scores 4.0/5 from 7 reviews and Funded Next scores 4.0/5 from 9 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

### Should I choose Alpha Capital or Funded Next?

On the 12 directly comparable measures on this page, Alpha Capital leads on 4 and Funded Next on 3, with 5 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.

## Related pages

- [Alpha Capital](https://propfirmpal.com/firms/verified/alpha-capital)
- [Funded Next](https://propfirmpal.com/firms/verified/funded-next)
- [Every prop firm comparison](https://propfirmpal.com/compare)