Side-by-side: drawdown, payouts, pricing, platforms. Alpha Futures uses EOD-trailing + lock, FundingPips uses Static — these are different beasts.
| Dimension | Alpha Futures | FundingPips |
|---|---|---|
| Drawdown mechanic | EOD-trailing + lock | Static |
| Cheapest eval | $63.2 | $29 |
| Profit split | 90% | Up to 95% |
| Payout frequency | Weekly | Weekly |
| Max funding | $450,000 | $2,000,000 |
| Max payout | — | — |
| Assets | Futures | Forex, Metals, Indices, Energies, Crypto |
| Platforms | Tradovate, NinjaTrader, Quantower, TradingView | MT5, cTrader, Match-Trader, TradeLocker |
| Payout methods | ACH, Wire Transfer, SWIFT, Wise, Rise | Bank wire, Visa Direct, Mastercard, Crypto, Riseworks |
| Promo code | ALPHA20 (20% off) | VIBES (20% off) |
| Paul-tested | Yes | Yes |
Alpha Futures uses EOD-trailing + lock while FundingPips uses Static. Your risk approach needs to adjust when switching.
MLL trails up at end-of-day until it reaches starting balance, then locks permanently. Intraday drops don't reset. Most-protective futures mechanic.
Fixed-dollar MLL — never moves. Simplest mechanic.
Alpha Futures offers 4 plans. FundingPips offers 11 plans.
Alpha Futures's cheapest evaluation is $63.2. FundingPips's cheapest is $29. FundingPips wins on entry price marginally.
Alpha Futures uses EOD-trailing + lock. FundingPips uses Static. These are fundamentally different — your risk model needs to change when switching between them.
Alpha Futures: 90%. FundingPips: Up to 95%.
Yes for Alpha Futures — documented payouts on the main review page. FundingPips also Paul-tested with documented payouts.
Yes. Different prop firms have no shared compliance — running them in parallel is the standard playbook for funded traders looking to diversify firm-risk. Track each firm's rule changes independently.
Alpha Futures payout cadence: Weekly. FundingPips: Weekly. Method matters too — Wise and Plaid typically beat ACH and wire by 1-2 days.
No cross-firm compliance overlap. Each firm 1099s independently for US residents. Cross-firm copy-trading rules only matter inside a single firm's account family.
Drawdown mechanic comes first. Alpha Futures offers lock-protection on first profits — favors traders who scale slow. After mechanic, evaluate payout speed and your strategy's drawdown profile.