Take Profit Trader vs Alpha Futures: the rules compared

Take Profit Trader sets no daily loss limit in its evaluations, while Alpha Futures sets a daily loss limit on 3 of 9 evaluations ($500 to $2,000). Take Profit Trader charges $90 to $216 a month, while Alpha Futures charges $89 to $489 a month and $349 to $859 once. Take Profit Trader bills its evaluations monthly until they are passed, while Alpha Futures sells both monthly and one-time plans. Take Profit Trader caps the evaluation's best day at 50% of the profit, while Alpha Futures caps the evaluation's best day at 40% to 50% of the profit on 6 of 9 plans. Take Profit Trader lets a funded trader ask for a payout with no minimum number of days, while Alpha Futures pays a first payout after 5 trading days, depending on the size. Take Profit Trader pays a 80% profit split, while Alpha Futures pays a 90% profit split. Take Profit Trader charges a $130 activation fee, while Alpha Futures charges no activation fee. Take Profit Trader asks for at least 3 trading days, while Alpha Futures asks for at least 1 to 2 trading days.

On a first attempt with no reset, the Alpha Futures Standard 50K costs $129 ($129 evaluation (1 month)) against $232 for the Take Profit Trader 50K Test ($102 evaluation (1 month) + $130 activation). Resets and extra months can change the order.

Take Profit Trader bans automated and algorithmic trading. Universal Trading Policies #1 (Test, PRO, PRO+): automated systems, bots and algorithmic execution tools not permitted; PRO Account Rules 1: trades must be executed manually. Homepage account cards list no trading bots. A strategy tested on AlgoLift can only be traded there by hand. Alpha Futures bans automated and algorithmic trading. Bots, AI and other automated trading are banned on every account; only a signal indicator is allowed, with the trader placing and managing each trade by hand. A strategy tested on AlgoLift can only be traded there by hand.