# Alpha Funded vs NYS Markets

> Alpha Funded is the cheaper route to a $100,000 funded account at $400 against $498 for NYS Markets — a difference of $98. Alpha Funded advertises the higher profit split at 100% against 85%. Across 10 directly comparable measures, Alpha Funded leads on 4 and NYS Markets on 2.

**Source:** https://propfirmpal.com/compare/alpha-funded-vs-nys-markets  
**Generated:** 2026-09-25  
**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 | NYS Markets |
| --- | --- | --- |
| Evaluation cost to a $100,000 account | $400 | $498 |
| Cheapest evaluation cost per $1,000 funded | $4.00 | $4.92 |
| Cheapest evaluation entry price | $79 | $58 |
| Instant funding to $100,000 | $799 | Not offered |
| Evaluation types offered | 1-step, 2-step, instant | 2-step, instant, 1-step |
| Maximum advertised profit split | 100% | 85% |
| Phase 1 profit target | 6% | 6% |
| Account sizes sold | $10,000, $25,000, $50,000, $100,000, $150,000 +4 more | $10,000, $20,000, $50,000, $100,000, $150,000 +1 more |
| Daily drawdown limit | 1.5% | 3% |
| Maximum drawdown limit | 3% | 3% |
| Maximum drawdown style | Trailing | Trailing |
| Drawdown measured on | Not published | Not published |
| Payout frequency | Every 30 days on the standard payout, with weekly, 14-day and on-demand options; futures payouts after every 5 profitable days | On demand, once the payout conditions are met |
| Payout methods | Rise, Cryptocurrency, ACH, Wire transfer | USDT or USDC on TRC-20 or ERC-20 (Crypto Instant Funded) |
| Payment methods accepted | Not published | Card, Crypto, Apple Pay, Google Pay +1 more |
| Trading platforms | Trade Locker, MatchTrader, Tradesea, DXtrade | MT5 |
| Instruments | Forex majors and crosses, Indices, Metals, Energies +1 more | CFDs, Futures, Stocks, Crypto |
| Maximum forex leverage | Not published | Not published |
| Community rating | 4.5/5 (4) | 4.3/5 (3) |
| Founded | Not published | Not published |
| Company location | United Arab Emirates | Saint Lucia (registered office) |
| Prop Firm Pal verification | Sourced, not verified | Sourced, not verified |

## Frequently asked questions

### Is Alpha Funded or NYS Markets cheaper?

Alpha Funded is cheaper for an evaluation to a $100,000 funded account at $400, against $498 for NYS Markets. Entry prices differ too — Alpha Funded starts at $79 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 Funded or NYS Markets?

Alpha Funded advertises the higher maximum at 100%, 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 Funded and NYS Markets?

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

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

Alpha Funded supports Trade Locker, MatchTrader, Tradesea, DXtrade. NYS Markets supports MT5.

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

Alpha Funded scores 4.5/5 from 4 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 Funded or NYS Markets?

On the 10 directly comparable measures on this page, Alpha Funded leads on 4 and NYS Markets on 2, with 4 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)
- [NYS Markets](https://propfirmpal.com/firms/unverified/nys-markets)
- [Every prop firm comparison](https://propfirmpal.com/compare)