# Alpha Funded vs Funded Next

> Funded Next is the cheaper route to a $100,000 funded account at $400 against $400 for Alpha Funded — a difference of $0. Alpha Funded advertises the higher profit split at 100% against 95%. Across 10 directly comparable measures, Alpha Funded leads on 2 and Funded Next on 7.

**Source:** https://propfirmpal.com/compare/alpha-funded-vs-funded-next  
**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._

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## Side by side

| Measure | Alpha Funded | Funded Next |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $400 | $400 |
| Cheapest evaluation cost per $1,000 funded | $4.00 | $3.99 |
| Cheapest evaluation entry price | $79 | $33 |
| Instant funding to $100,000 | $799 | Not offered |
| Evaluation types offered | 1-step, 2-step, instant | 2-step, 1-step, instant |
| Maximum advertised profit split | 100% | 95% |
| Phase 1 profit target | 6% | 4% |
| Account sizes sold | $10,000, $25,000, $50,000, $100,000, $150,000 +4 more | $2,000, $5,000, $6,000, $10,000, $15,000 +5 more |
| Daily drawdown limit | 1.5% | 3% |
| Maximum drawdown limit | 3% | 6% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Not published | Equity |
| Payout frequency | Every 30 days on the standard payout, with weekly, 14-day and on-demand options; futures payouts after every 5 profitable days | Bi-weekly |
| Payout methods | Rise, Cryptocurrency, ACH, Wire transfer | Not published |
| Payment methods accepted | Not published | Credit/Debit Card, Cryptocurrency, Perfect Money, Bank Transfer |
| Trading platforms | Trade Locker, MatchTrader, Tradesea, DXtrade | MT4, MT5, cTrader, MatchTrader +1 more |
| Instruments | Forex majors and crosses, Indices, Metals, Energies +1 more | Forex, Indices, Commodities, Crypto +1 more |
| Maximum forex leverage | Not published | 1:100 |
| Community rating | 4.5/5 (4) | 3.9/5 (8) |
| Founded | Not published | 2022 |
| Company location | United Arab Emirates | United Arab Emirates |
| Prop Firm Pal verification | Sourced, not verified | Verified |

## Frequently asked questions

### Is Alpha Funded or Funded Next cheaper?

Funded Next is cheaper for an evaluation to a $100,000 funded account at $400, against $400 for Alpha Funded. Entry prices differ too — Alpha Funded starts at $79 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 Funded or Funded Next?

Alpha Funded advertises the higher maximum at 100%, against 95% at Funded Next. 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 Funded and Funded Next?

Daily drawdown is 1.5% at Alpha Funded and 3% at Funded Next. Maximum drawdown is 3% and 6% respectively. Both use a trailing maximum drawdown.

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

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

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

Alpha Funded scores 4.5/5 from 4 reviews and Funded Next scores 3.9/5 from 8 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

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

On the 10 directly comparable measures on this page, Alpha Funded leads on 2 and Funded Next on 7, with 1 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 Funded](https://propfirmpal.com/firms/unverified/alpha-funded)
- [Funded Next](https://propfirmpal.com/firms/verified/funded-next)
- [Every prop firm comparison](https://propfirmpal.com/compare)
