Alpha Capital vs AquaFunded
AquaFunded scores higher on PropFirmly's rating, 6.5 to 6.3 out of 10. Below, the two forex firms row by row: a dot marks the side ahead where a row has a clear direction. Both checked on or after 25 October 2026.
Alpha Capital
United Kingdom
6.3 out of 10No Trustpilot profile
Ahead on 2 of 7 rows
Visit Alpha Capital(opens the firm’s website in a new tab)AquaFunded
United Arab Emirates
6.5 out of 10No Trustpilot profile
Ahead on 5 of 7 rows
Visit AquaFunded(opens the firm’s website in a new tab)Head to head
| Feature | Alpha Capital | AquaFunded |
|---|---|---|
| PropFirmly score | 6.3 | 6.5 (ahead) |
| Trustpilot | Not shown | Not shown |
| Years operating | 5 (ahead) | 3 |
| Headquarters | United Kingdom | United Arab Emirates |
| Cheapest $100K account | $397 | $279.20 (ahead) |
| Profit split, up to | 90% | 100% (ahead) |
| Max funding | $400K | $400K |
| Programs | 1-step, 2-step, Instant funding | Instant funding, 1-step, 2-step |
| Platforms | MetaTrader 5, cTrader, DXtrade, TradeLocker | Match-Trader, TradeLocker, MetaTrader 5, cTrader |
| News trading | Allowed with limits | Allowed with limits |
| Expert advisors | Allowed with limits | Allowed (ahead) |
| Copy trading | Allowed with limits | Allowed with limits |
| Overnight holding | Allowed | Allowed |
| Weekend holding | Allowed with limits | Allowed (ahead) |
| Payouts | On demand on all plans once the best-day rule and minimum profit are met; Alpha Pro can instead be bought with fixed 14-day payouts. | Every 14 days. Paid add-ons allow payouts every 7 days on evaluation accounts, or on demand on Instant Funding accounts. |
| Payout methods | Rise, Wise, Bank wire, ACH, Crypto (ahead) | Crypto, Rise |
| US traders | Accepted | Accepted |
Pick Alpha Capital if
you care most about years operating and payout methods. It is ahead on those rows in the table above.
Pick AquaFunded if
you care most about propFirmly score, cheapest $100K account and profit split, up to. It is ahead on those rows in the table above.
Challenges side by side
Every account from both firms. The table opens at $100K, the size both sell nearest $100K.
Challenges 16
How we check and rank firmsChecked 25 October 2026
| Steps | Profit target | Daily loss | Max loss | Buy | |||||
|---|---|---|---|---|---|---|---|---|---|
 AquaFundedSince 2023 | $5K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $13$20 | Buy |
 Alpha CapitalSince 2021 | $5K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $18.90$27 | Buy |
AquaFundedSince 2023 | $5K | 2 Steps2 Step Elite | 8%5% | 4% | 12% | 1.08 | 90%to 100% | $18.20$28 | Buy |
Alpha CapitalSince 2021 | $2.5K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $21$30 | Buy |
AquaFundedSince 2023 | $5K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $19.60$30.15 | Buy |
AquaFundedSince 2023 | $2.5K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $19.94$30.67 | Buy |
Alpha CapitalSince 2021 | $5K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $23.10$33 | Buy |
AquaFundedSince 2023 | $2.5K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $21.67$33.34 | Buy |
Alpha CapitalSince 2021 | $5K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $25.90$37 | Buy |
Alpha CapitalSince 2021 | $5K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $25.90$37 | Buy |
AquaFundedSince 2023 | $10K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $25.48$39.20 | Buy |
Alpha CapitalSince 2021 | $5K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $32.90$47 | Buy |
Alpha CapitalSince 2021 | $10K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $32.90$47 | Buy |
AquaFundedSince 2023 | $5K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $33.80$52 | Buy |
AquaFundedSince 2023 | $10K | 2 Steps2 Step Elite | 8%5% | 4% | 12% | 1.08 | 90%to 100% | $35$53.85 | Buy |
Alpha CapitalSince 2021 | $5K | 1 StepAlpha One 12% | 12% | 5% | 8% | 1.50 | 80%to 90% | $39.90$57 | Buy |
Alpha CapitalSince 2021 | $10K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $39.90$57 | Buy |
AquaFundedSince 2023 | $5K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $37.10$57.08 | Buy |
AquaFundedSince 2023 | $5K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $39$60 | Buy |
AquaFundedSince 2023 | $5K | 1 Step1 Step Flex | 10% | 3% | 12% | 0.83 | 90%to 100% | $42$64.62 | Buy |
Alpha CapitalSince 2021 | $10K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $46.90$67 | Buy |
Alpha CapitalSince 2021 | $5K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $46.90$67 | Buy |
Alpha CapitalSince 2021 | $5K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $49$70 | Buy |
AquaFundedSince 2023 | $25K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $46.28$71.20 | Buy |
AquaFundedSince 2023 | $10K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $49.70$76.46 | Buy |
Alpha CapitalSince 2021 | $10K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $53.90$77 | Buy |
AquaFundedSince 2023 | $10K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $51.14$78.67 | Buy |
AquaFundedSince 2023 | $10K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $56.33$86.66 | Buy |
Alpha CapitalSince 2021 | $10K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $60.90$87 | Buy |
AquaFundedSince 2023 | $10K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $63$96.93 | Buy |
Alpha CapitalSince 2021 | $10K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $67.90$97 | Buy |
Alpha CapitalSince 2021 | $10K | 1 StepAlpha One 12% | 12% | 5% | 8% | 1.50 | 80%to 90% | $74.90$107 | Buy |
AquaFundedSince 2023 | $10K | 1 Step1 Step Flex | 10% | 3% | 12% | 0.83 | 90%to 100% | $70.01$107.70 | Buy |
AquaFundedSince 2023 | $25K | 2 Steps2 Step Elite | 8%5% | 4% | 12% | 1.08 | 90%to 100% | $72.10$110.93 | Buy |
Alpha CapitalSince 2021 | $25K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $81.90$117 | Buy |
AquaFundedSince 2023 | $5K | InstantInstant Flex | None | 2% | 4% | n/a | 90% | $77.35$119 | Buy |
AquaFundedSince 2023 | $25K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $92.40$142.15 | Buy |
AquaFundedSince 2023 | $50K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $93.08$143.20 | Buy |
Alpha CapitalSince 2021 | $10K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $102.90$147 | Buy |
Alpha CapitalSince 2021 | $25K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $109.90$157 | Buy |
AquaFundedSince 2023 | $25K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $111.80$172 | Buy |
Alpha CapitalSince 2021 | $25K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $123.90$177 | Buy |
Alpha CapitalSince 2021 | $25K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $123.90$177 | Buy |
AquaFundedSince 2023 | $25K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $120.47$185.34 | Buy |
Alpha CapitalSince 2021 | $25K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $130.90$187 | Buy |
AquaFundedSince 2023 | $25K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $126.70$194.93 | Buy |
Alpha CapitalSince 2021 | $25K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $137.90$197 | Buy |
AquaFundedSince 2023 | $25K | 1 Step1 Step Flex | 10% | 3% | 12% | 0.83 | 90%to 100% | $133.71$205.70 | Buy |
Alpha CapitalSince 2021 | $25K | 1 StepAlpha One 12% | 12% | 5% | 8% | 1.50 | 80%to 90% | $151.90$217 | Buy |
Alpha CapitalSince 2021 | $50K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $151.90$217 | Buy |
AquaFundedSince 2023 | $10K | InstantInstant Flex | None | 2% | 4% | n/a | 90% | $146.25$225 | Buy |
Alpha CapitalSince 2021 | $50K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $165.90$237 | Buy |
AquaFundedSince 2023 | $50K | 2 Steps2 Step Elite | 8%5% | 4% | 12% | 1.08 | 90%to 100% | $154.70$238 | Buy |
Alpha CapitalSince 2021 | $25K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $172.90$247 | Buy |
Alpha CapitalSince 2021 | $50K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $179.90$257 | Buy |
Alpha CapitalSince 2021 | $50K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $186.90$267 | Buy |
Alpha CapitalSince 2021 | $50K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $193.90$277 | Buy |
AquaFundedSince 2023 | $50K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $181.14$278.67 | Buy |
AquaFundedSince 2023 | $100K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $181.48$279.20 | Buy |
AquaFundedSince 2023 | $50K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $182.70$281.08 | Buy |
Alpha CapitalSince 2021 | $50K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $207.90$297 | Buy |
AquaFundedSince 2023 | $50K | 1 Step1 Step Flex | 10% | 3% | 12% | 0.83 | 90%to 100% | $195.31$300.47 | Buy |
AquaFundedSince 2023 | $50K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $195.44$300.68 | Buy |
AquaFundedSince 2023 | $50K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $198.47$305.34 | Buy |
Alpha CapitalSince 2021 | $50K | 1 StepAlpha One 12% | 12% | 5% | 8% | 1.50 | 80%to 90% | $242.90$347 | Buy |
Alpha CapitalSince 2021 | $50K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $249.90$357 | Buy |
AquaFundedSince 2023 | $100K | 2 Steps2 Step Elite | 8%5% | 4% | 12% | 1.08 | 90%to 100% | $255.50$393.08 | Buy |
Alpha CapitalSince 2021 | $100K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $277.90$397 | Buy |
Alpha CapitalSince 2021 | $100K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $277.90$397 | Buy |
AquaFundedSince 2023 | $25K | InstantInstant Flex | None | 2% | 4% | n/a | 90% | $285.35$439 | Buy |
Alpha CapitalSince 2021 | $100K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $312.90$447 | Buy |
AquaFundedSince 2023 | $100K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $294.70$453.39 | Buy |
Alpha CapitalSince 2021 | $100K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $319.90$457 | Buy |
AquaFundedSince 2023 | $100K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $307.44$472.98 | Buy |
Alpha CapitalSince 2021 | $100K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $333.90$477 | Buy |
AquaFundedSince 2023 | $100K | 1 Step1 Step Flex | 10% | 3% | 12% | 0.83 | 90%to 100% | $312.90$481.39 | Buy |
AquaFundedSince 2023 | $100K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $328.46$505.33 | Buy |
Alpha CapitalSince 2021 | $100K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $368.90$527 | Buy |
AquaFundedSince 2023 | $200K | 2 Steps2 Step Pro | 10%5% | 5% | 10% | 1.50 | 90%to 100% | $363.48$559.20 | Buy |
AquaFundedSince 2023 | $100K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $364$560 | Buy |
Alpha CapitalSince 2021 | $100K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $403.90$577 | Buy |
Alpha CapitalSince 2021 | $100K | 1 StepAlpha One 12% | 12% | 5% | 8% | 1.50 | 80%to 90% | $410.90$587 | Buy |
AquaFundedSince 2023 | $50K | InstantInstant Flex | None | 2% | 4% | n/a | 90% | $406.25$625 | Buy |
Alpha CapitalSince 2021 | $200K | 1 StepAlpha One 6% | 6% | 3% | 4% | 1.50 | 80%to 90% | $452.90$647 | Buy |
Alpha CapitalSince 2021 | $200K | 2 StepsAlpha Pro 6% | 6%6% | 3% | 6% | 2.00 | 80%to 90% | $557.90$797 | Buy |
AquaFundedSince 2023 | $200K | InstantInstant Funding Standard | None | 3% | 5% | n/a | 90%to 100% | $553.80$852 | Buy |
AquaFundedSince 2023 | $200K | 2 Steps2 Step Standard | 8%5% | 5% | 8% | 1.63 | 90%to 100% | $559.44$860.68 | Buy |
AquaFundedSince 2023 | $200K | 1 Step1 Step Standard | 9% | 3% | 6% | 1.50 | 90%to 100% | $569.10$875.54 | Buy |
Alpha CapitalSince 2021 | $200K | 2 StepsAlpha Pro 10% | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $627.90$897 | Buy |
Alpha CapitalSince 2021 | $200K | InstantAlpha Direct | None | 3% | 5% | n/a | 90% | $627.90$897 | Buy |
AquaFundedSince 2023 | $200K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $588.47$905.34 | Buy |
Alpha CapitalSince 2021 | $200K | 1 StepAlpha One 10% | 10% | 4% | 6% | 1.67 | 80%to 90% | $662.90$947 | Buy |
Alpha CapitalSince 2021 | $200K | 2 StepsAlpha Pro 8% | 8%5% | 4% | 8% | 1.63 | 80%to 90% | $697.90$997 | Buy |
AquaFundedSince 2023 | $100K | InstantInstant Flex | None | 2% | 4% | n/a | 90% | $649.35$999 | Buy |
Alpha CapitalSince 2021 | $200K | 2 StepsAlpha Swing | 10%5% | 5% | 10% | 1.50 | 80% | $767.90$1,097 | Buy |
AquaFundedSince 2023 | $300K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $952.46$1,465.33 | Buy |
AquaFundedSince 2023 | $400K | InstantInstant Funding Pro | None | 3% | 6% | n/a | 90%to 100% | $1,212.46$1,865.33 | Buy |
No challenges match these filters. Pick another size or clear a filter.
What could each one pay you?
An illustration, not a forecast: a steady monthly return on the funded account, at each firm's starting split, against the fee for its cheapest account at that size. Most traders do not pass, and returns are rarely steady.
Alpha Capital
- Your share over the period
- Fee
- Split
AquaFunded
- Your share over the period
- Fee
- Split
More comparisons
Alpha Capital vs AquaFunded questions
Which is cheaper, Alpha Capital or AquaFunded?
At $100K, Alpha Capital's cheapest account is $397 (Alpha One 6%) and AquaFunded's is $279.20 (2 Step Pro), at list price before discounts. Price alone does not decide which is easier to pass: compare the targets and loss limits in the table above.
Which pays a higher profit split?
AquaFunded advertises the higher maximum split: 100% against 90%. The starting split is often lower and rises with payouts or an add-on.
Which firm has been operating longer?
Alpha Capital was founded first, in 2021. AquaFunded started in 2023.
Can traders in the United States use Alpha Capital or AquaFunded?
Alpha Capital: yes. AquaFunded: yes. Both firms publish a list of restricted countries, linked from their profile pages here.
Do Alpha Capital and AquaFunded allow news trading?
Alpha Capital: allowed with limits (Free during evaluations; on qualified Pro, One and Direct accounts no trades may be opened or closed on affected instruments 5 minutes either side of listed news, and Swing trades opened within 2 minutes of news must last over 2 minutes). AquaFunded: allowed with limits (Allowed on accounts opened after 27 April 2026. Profit from trades opened or closed within 5 minutes of high-impact or FOMC events is capped at 0.5% of the starting balance per payout cycle).
Still have a question?
Ask about a firm, a rule or a number that looks wrong. A link to the firm's own page helps us re-check it quickly.
support@propfirmly.comContact page