Prop Firm Comparison 2026

Funding Pips vs Alpha Futures

Side-by-side analysis of both prop firms. Entry account starting from $25.60.

Funding Pips
Forex
20% OFF
1 purchase
Forex100% Split3 Plataformas
100% split $25.60 entry 4.5 ★
Access FPips →
Coupon: HELLO
VS
Alpha Futures
Futuros
40% OFF
flash
FuturosEOD DDMin 1 day
90% split $47.40 entry 4.5 ★
Access Alpha →
Coupon: MARKETS026158
★★★★½
4.5
66,373 reviews · Trustpilot
★★★★½
4.5
5,744 reviews · Trustpilot
Side-by-Side

FPips vs Alpha, Comparison

Each category shows the winner between the two firms.

DiscountHow much OFF the original price
20% 1 purchase
vs
40% flash
✓ Wins
Smallest AccountFinal price w/ coupon (cheapest entry)
$25.60
✓ Wins
vs
$47.40
Profit SplitHow much of the profit stays with the trader
100%
vs
90%
DrawdownType of loss limit
Static
vs
Trailing Max DD
DD Limit
-5% / -10%
vs
$2000
Profit Target
8% / 5%
vs
$3000 (~6%)
Min. Days
3
vs
2
News Trading
✓ Allowed
vs
✓ Allowed
Day-1 Payout
✗ No
vs
✗ No
Scaling
Yes
vs
Yes
Platforms
MT5, Match-Trader, cTrader
vs
Alpha Trader, Tradovate, NinjaTrader
TrustpilotReal reputation
4.5 (66,373)
vs
4.5 (5,744)
Who should choose

Which firm is better for whom

Choose Funding Pips if you...
  • want to start with low capital (from $25.60)
Choose Alpha Futures if you...
  • prioritize a higher discount (40% OFF)
Real prices

FPips vs Alpha, price per account

Full price and the final price with the coupon applied at checkout, plan by plan.

Funding Pips · HELLO
PlanAccountFull priceWith coupon
Zero5K$32$25.60
Zero10K$59$47.20
Zero25K$159$127.20
Zero50K$269$215.20
Zero100K$499$499
Zero200K$888$888
2 Step Pro5K$32$25.60
2 Step Pro10K$59$47.20
2 Step Pro25K$159$127.20
2 Step Pro50K$269$215.20
+ 17 more plans on their site
Alpha Futures · MARKETS026158
PlanAccountFull priceWith coupon
Direct25K$349$209.40
Direct50K$519$311.40
Direct100K$689$413.40
Direct150K$859$515.40
Zero /mo25K$79$47.40
Zero /mo50K$119$71.40
Zero /mo100K$239$143.40
Advanced /mo50K$209$125.40
Advanced /mo100K$349$209.40
Advanced /mo150K$489$293.40
+ 3 more plans on their site
Costs and rules

Fees and rules side by side

FPipsAlpha
Activation feeNoneNone
Consistency ruleNot required50% on Eval / None on Funded
Minimum days32
Payout speedOn Demand~5hr avg
ScalingYesYes
PlatformsMT5, Match-Trader, cTraderAlpha Trader, Tradovate, NinjaTrader
Verdict

FPips or Alpha, who takes it

Cheapest entry: Funding Pips, from $25.60 with the coupon.

Biggest discount: Alpha Futures, at 40% OFF.

Reputation: a technical tie on Trustpilot.

Numbers read at each firm checkout, not from their marketing pages. When a code stops working it leaves this page the same day.

Analysis

FPips vs Alpha, what actually changes

Five points that decide the purchase, read from each firm official data.

Drawdown, the rule that ends most accounts

FPips runs a Static drawdown and Alpha runs Trailing Max DD.

Trailing means the limit rises with your equity peak, open positions included: giving profit back can end the account even without a real loss. EOD only recalculates at the session close, which forgives intraday swings.

In practice that is -5% / -10% of room at FPips and $2000 at Alpha.

What entry really costs

The cheapest entry is FPips, from $25.60 with the coupon applied at checkout, against $47.40 at Alpha.

The discount differs too: 20% OFF at FPips and 40% OFF at Alpha.

FPips / Alpha charges no activation fee, so the price you see is the full cost up to the funded account.

When the money leaves

On the split, FPips pays 100% and Alpha pays 90%.

Neither offers a day-one payout, so plan around each standard cycle.

Declared speed: On Demand at FPips and ~5hr avg at Alpha.

The rules that kill the account

FPips has no consistency requirement, so one strong day counts in full.

Alpha has no consistency requirement, so one strong day counts in full.

Minimum trading days: 3 at FPips and 2 at Alpha.

FPips explicitly bans: HFT, Latency arbitrage.

Alpha explicitly bans: Account hedging, HFT bots.

Which one fits you

If the goal is testing the model on the smallest possible budget, FPips has the cheaper entry.

Platforms: FPips runs on MT5, Match-Trader, cTrader; Alpha, on Alpha Trader, Tradovate, NinjaTrader. A strategy tied to one platform decides this on its own.

There is no better firm in the abstract: there is the one that matches your drawdown, your trading hours and how fast you need to withdraw.

Frequently Asked Questions

FPips vs Alpha, FAQ

Which is better: Funding Pips or Alpha Futures?
It depends on your profile. Funding Pips offers 20% off 1 purchase and Static drawdown. Alpha Futures offers 40% off flash and Trailing Max DD drawdown. Cheapest account: Funding Pips (starting from $25.60).
How much does an FPips vs Alpha account cost?
Funding Pips starts at $25.60 with coupon HELLO. Alpha Futures starts at $47.40 with coupon MARKETS026158.
Does FPips or Alpha allow news trading?
Funding Pips ALLOWS trading during economic news. Alpha Futures ALLOWS it.
How long until payout with FPips and Alpha?
Funding Pips does not offer Day-1 payout. Alpha Futures does not offer Day-1 payout.
Can I have accounts with both firms simultaneously?
Yes, it is allowed to have accounts with different prop firms at the same time (multi-prop). Some firms restrict multiple accounts WITHIN the same firm, confirm each firm's rules before purchasing.
Does FPips or Alpha charge an activation fee?
Funding Pips charges no activation fee. Alpha Futures charges no activation fee.
Does FPips or Alpha have a consistency rule?
Funding Pips does not require consistency. Alpha Futures does not require consistency.
Other Comparisons

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Ready to start?
Funding Pips
20% OFF · coupon HELLO
Ready to start?
Alpha Futures
40% OFF · coupon MARKETS026158