# Alpha Capital vs NYS Markets

> Alpha Capital is the cheaper route to a $100,000 funded account at $397 against $498 for NYS Markets — a difference of $101. Alpha Capital advertises the higher profit split at 90% against 85%. Across 10 directly comparable measures, Alpha Capital leads on 7 and NYS Markets on 1.

**Source:** https://propfirmpal.com/compare/alpha-capital-vs-nys-markets  
**Generated:** 2026-09-26  
**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._

---

## Side by side

| Measure | Alpha Capital | NYS Markets |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $397 | $498 |
| Cheapest evaluation cost per $1,000 funded | $3.23 | $4.92 |
| Cheapest evaluation entry price | $27 | $58 |
| Instant funding to $100,000 | $457 | Not offered |
| Evaluation types offered | 1-step, 2-step, instant | 2-step, instant, 1-step |
| Maximum advertised profit split | 90% | 85% |
| Phase 1 profit target | 5% | 6% |
| Account sizes sold | $2,500, $5,000, $10,000, $25,000, $50,000 +2 more | $10,000, $20,000, $50,000, $100,000, $150,000 +1 more |
| Daily drawdown limit | 3% | 3% |
| Maximum drawdown limit | 4% | 3% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Equity | Not published |
| Payout frequency | Not published | On demand, once the payout conditions are met |
| Payout methods | Not published | USDT or USDC on TRC-20 or ERC-20 (Crypto Instant Funded) |
| Payment methods accepted | Credit/Debit Card, Google Pay, Apple Pay, Cryptocurrency +1 more | Card, Crypto, Apple Pay, Google Pay +1 more |
| Trading platforms | MT5, cTrader, DXtrade, Trade Locker +1 more | MT5 |
| Instruments | Forex, Metals, Energies, Indices | CFDs, Futures, Stocks, Crypto |
| Maximum forex leverage | 1:100 | Not published |
| Community rating | 4.0/5 (6) | 4.3/5 (3) |
| Founded | 2021 | Not published |
| Company location | United Kingdom | Saint Lucia (registered office) |
| Prop Firm Pal verification | Verified | Sourced, not verified |

## Frequently asked questions

### Is Alpha Capital or NYS Markets cheaper?

Alpha Capital is cheaper for an evaluation to a $100,000 funded account at $397, against $498 for NYS Markets. Entry prices differ too — Alpha Capital starts at $27 and NYS Markets at $58 — 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 NYS Markets?

Alpha Capital advertises the higher maximum at 90%, against 85% at NYS Markets. 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 NYS Markets?

Daily drawdown is 3% at Alpha Capital and 3% at NYS Markets. Maximum drawdown is 4% and 3% respectively. Both use a trailing maximum drawdown.

### What platforms do Alpha Capital and NYS Markets support?

Alpha Capital supports MT5, cTrader, DXtrade, Trade Locker, Alpha Trader. NYS Markets supports MT5.

### Which is rated higher by traders, Alpha Capital or NYS Markets?

Alpha Capital scores 4.0/5 from 6 reviews and NYS Markets scores 4.3/5 from 3 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

### Should I choose Alpha Capital or NYS Markets?

On the 10 directly comparable measures on this page, Alpha Capital leads on 7 and NYS Markets on 1, with 2 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)
- [NYS Markets](https://propfirmpal.com/firms/unverified/nys-markets)
- [Every prop firm comparison](https://propfirmpal.com/compare)