Alpha Futures vs Traders Launch: Prop Firm Comparison 2026

Compare Alpha Futures (futures) and Traders Launch (futures) side by side — profit splits, challenge fees, drawdown rules, platforms, and trading restrictions.

Alpha Futures

Alpha Futures

Traders Launch

Traders Launch

Trustpilot rating 4.5★ (5,691 reviews) 4.6★ (72 reviews)
Max profit split 90% Up to 80%
Evaluation types 1 Step, Instant
Account sizes $25K, $50K, $100K, $150K $100,000, $200,000, $300,000
Cheapest challenge fee $79
Drawdown type EOD trailing (stops at starting balance)
Platforms AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts NinjaTrader, Quantower, IBKR, Volumetrica Trading
Payout frequency Up to 4×/month (every 5 winning days of $200+) / Up to 4×/month (no winning-day requirement; withdraw at profit target) Unusually for the sector, funded traders are moved to a real live brokerage acco
News trading Restricted

Verdict

Alpha Futures offers a higher advertised profit split (90% vs 80%). Alpha Futures challenge fees start at $79. Alpha Futures supports more trading platforms (5 vs 4).

True Cost Calculator

See how much it truly costs to get funded at Alpha Futures, including multiple failed attempts.

Fee for $50K · Instant: $519 · Split: 90% to you
How many attempts?

Drag to model your worst-case scenario

2attempts
1Best
2
3
4
5Worst
Total Spent

$1,038

2 attempts × $519 fee

Net Cost

$1,038

No fee refund on this plan

Break-Even

2.31%

Profit needed on $50K after 90% split

💡 Fees shown in USD. Break-even is the minimum profit % you need on your funded account to cover all challenge costs.

Alpha Futures vs Traders Launch — FAQs

Both Alpha Futures and Traders Launch are legitimate prop trading firms, and the better choice depends on your priorities. Traders Launch has a higher Trustpilot rating (4.6 vs 4.5). Alpha Futures offers a higher profit split (90% vs 80%).
Alpha Futures has the higher advertised profit split at up to 90%, compared to 80% at Traders Launch.
Alpha Futures challenge fees start at $79. Pricing data for Traders Launch is not available.
Both firms can be used by beginners, though the right choice depends on your experience level. Alpha Futures offers a 1-step evaluation which can be simpler for new traders. Alpha Futures account sizes: $25K, $50K, $100K, $150K. Traders Launch account sizes: $100,000, $200,000, $300,000.