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Loading...There is a modest pricing gap between these firms. Alpha Futures comes in at $125 for the $50K evaluation while the other charges $175 — a $50 difference. That is roughly the cost of a reset at most firms, so it is worth factoring in if you budget for multiple attempts. Check available Alpha Futures discount codes for additional savings.
The profit split gap is notable. Alpha Futures returns 90% of your profits, putting $900 in your pocket for every $1,000 earned. The other firm's 80% split means you would receive $800 on that same amount — a $100 per-thousand difference that scales with every payout.
Maximum drawdowns are close ($2,000 at TradeDay vs $1,750), so the buffer difference is minimal.
TradeDay sets the bar lower with a $3,000 profit target versus $4,000. Additionally, Alpha Futures requires fewer minimum trading days (2 vs 5).
View the full details on each firm's page: Alpha Futures rules & pricing and TradeDay rules & pricing.
| Rule | Alpha Futures | TradeDay |
|---|---|---|
| News Trading | Allowed | Allowed |
| Weekend Holding | Not allowed | Not allowed |
| Overnight Holding | Not allowed | Not allowed |
| Hedging | Not allowed | Not allowed |
| Copy Trading | Allowed | Allowed |
| Expert Advisors (EAs) | Not allowed | Allowed |
Rules shown reflect the $50K challenge account. Some rules may differ by account size or type.
The best prop firm depends on your experience level, trading style, and priorities. Here is how Alpha Futures and TradeDay stack up for different types of traders.
New to prop firms and want to minimize risk while learning the ropes.
Alpha Futures
Consistent track record, focused on maximizing earnings and scaling capital.
Alpha Futures
Prefer wider stops, lower risk, and the flexibility to hold positions longer.
TradeDay
Alpha Futures charges $125 for their $50K challenge (plus a $149 activation fee once funded), compared to $175 at TradeDay (plus a $139 activation fee once funded). That is a $50 savings upfront. This already includes Alpha Futures's 10% discount.
Alpha Futures gives you 90% of your trading profits versus 80% at TradeDay. In practice, if you earn $2,000 in a payout cycle, you would receive $1800 from Alpha Futures and $1600 from TradeDay — a $200 difference per $2,000 earned.
TradeDay gives you $2,000 of max drawdown versus $1,750 at Alpha Futures.
Both Alpha Futures and TradeDay allow news trading. This is particularly valuable for traders who capitalize on volatility around FOMC announcements, NFP releases, and CPI data drops.
Payout timelines are similar at both firms, typically requiring around 5 profitable trading days. Both support multiple withdrawal methods.
For beginners, Alpha Futures has an edge thanks to lower challenge fee. These features reduce the pressure while you are still developing consistency. That said, both firms are viable — the best choice depends on your specific trading approach and budget.
Data is updated regularly but may not reflect the latest changes. Always verify current pricing and rules on each firm's official website before making a decision.
Detailed side-by-side comparison of Alpha Futures and TradeDay $50K challenge accounts. Compare fees, profit splits, drawdown rules, and more.