Head-to-head comparison · 2026
Alpha Futures vs TradeDay
Side-by-side on the metrics that actually matter: true cost to funded, drawdown type, profit split and payout speed.
Quick verdict
- Alpha Futures is $2 cheaper to get funded on a 50K account ($129 vs $131, activation fees included).
- Both bill monthly, so both get more expensive the longer you take to pass.
- Alpha Futures uses end-of-day drawdown, which is more forgiving than TradeDay's intraday trailing drawdown. Open profit that you give back doesn't count against you.
- Alpha Futures has a consistency rule on the funded account, which can hold up payouts after a big day. TradeDay doesn't. Rule: 50% eval, 40% funded.
- TradeDay pays out faster (after 1 day, $250 minimum vs after 5 trading days).
- Alpha Futures allows trading during news. TradeDay restricts it.
Market
Futures
Futures
Founded
2024
2020
Total cost to funded
Best$129
$131
Eval cost
$129
$131
Activation fee
-
-
Pricing model
Monthly sub
Monthly sub
Challenge type
1-Step
1-Step
Drawdown type
EOD
Trailing
Max profit split
90%
90%
First profit
Max $3,000 per payout (Standard)
50/50 under $4K profit, 80/20 above, 90/10 live
Payout speed
After 5 trading days
After 1 day, $250 minimum
Max account
Best$450K
$150K
Consistency rule
50% eval, 40% funded
30% eval, none funded
News trading
Allowed
Restricted
Platforms
TradingViewWealthChartsAlphaTraderQuantower
TradovateNinjaTraderJigsaw DayTradrTradingView
Strengths & watch-outs
Alpha Futures
Strengths
- Highly rated on Trustpilot
- No daily loss limit on the evaluation
- Monthly fee stops once you are qualified
Watch-outs
- 50% consistency rule on the evaluation, 40% once qualified
- $1,000 daily loss guard on the qualified account
- 5 trading days minimum before a payout, max $3,000 per payout
TradeDay
Strengths
- No activation fee, cheap $59 resets
- No consistency rule or payout buffer once funded
- Payouts after just 1 day, 90/10 split in Funded Live
Watch-outs
- Only 50/50 split on your first $4K of profit
- Intraday trailing drawdown ($2,000)
- 30% consistency rule and 5 minimum days on the evaluation
🐨 Which should you choose?
Choose Alpha Futures if you want the lower cost to get funded, a more forgiving drawdown, news trading and more room to scale up.
Choose TradeDay if you want no consistency rule on payouts and faster payouts.
Written from our verified data for a 50K account, or the closest size a firm offers. Always check each firm's current terms before buying.
Figures are list prices for the 50K account (or the closest size a firm offers). Verify all details directly with each firm before purchasing. PropKoala may earn affiliate commissions. Trading involves substantial risk.