FTMO · E8 Funding · True Forex Funds · Alpha Capital Group · Funded Engineer — 25 data points per firm
Practice Challenge Rules Free →⚠️ Rules change — verify current terms directly with each firm before purchasing a challenge. Last verified: May 2026.
| FTMO | E8 Funding | True Forex Funds | Alpha Capital | Funded Engineer | |
|---|---|---|---|---|---|
| Challenge Structure | |||||
| Challenge phases | 2-phase | 2-phase | 2-phase | 1-phase option | 2-phase |
| Phase 1 profit target | 10% | 8% | 8% | 10% (1-step) | 8% |
| Phase 2 profit target | 5% | 5% | 5% | N/A (1-step) | 5% |
| Max daily loss | 5% | 5% | 5% | 4% | 5% |
| Max total drawdown | 10% | 8% | 10% | 8% | 8% |
| Min trading days | 4 days | None | None | None | None |
| Max challenge duration | 30 days / phase | Unlimited | Unlimited | Unlimited | Unlimited |
| Cost (smallest account) | |||||
| $10K account cost | $155 | $88 | $99 | $69 | $89 |
| $25K account cost | $250 | $148 | $149 | $119 | $139 |
| $50K account cost | $345 | $228 | $249 | $199 | $219 |
| $100K account cost | $540 | $398 | $399 | $349 | $389 |
| Fee refunded on pass? | Yes | Yes | Yes | Yes | Yes |
| Trading Rules | |||||
| News trading allowed | Restricted | Check ToS | Check ToS | Check ToS | Check ToS |
| Weekend holding allowed | Check ToS | Check ToS | Check ToS | Check ToS | Check ToS |
| EAs / bots allowed | Conditional | Yes | Yes | Yes | Yes |
| Copy trading allowed | No | Check ToS | Check ToS | Check ToS | Check ToS |
| Scalping allowed | Yes | Yes | Yes | Yes | Yes |
| Payouts | |||||
| Profit split | Up to 90% | Up to 90% | Up to 90% | 80% | Up to 90% |
| First payout | After 14 days | After 14 days | After 14 days | After 14 days | After 14 days |
| Payout frequency | On-demand | On-demand | On-demand | On-demand | On-demand |
| Scale-up program | Yes — up to $2M | Yes | Yes | Limited | Yes |
| Reputation & Track Record | |||||
| Founded | 2015 | 2022 | 2021 | 2021 | 2022 |
| Verified payouts | $230M+ paid | Documented | Documented | Documented | Documented |
| Community/reputation | ★★★★★ Industry standard | ★★★★ Strong | ★★★★ Strong | ★★★ Growing | ★★★ Growing |
The most important decision: pick the firm whose daily loss rules match your natural trading style. A 5% daily loss limit with a $100K account = $5,000 max loss per day. Run your strategy through FXAbsolute's free bar replay under these rules before spending money on a challenge.