TPThe Trading Playbook

Updated March 2026 · 8 firms ranked

Best The Funded Trader Alternatives

With The Funded Trader shutting down operations, traders need reliable alternatives that offer similar favorable conditions without the risk of sudden closure. When evaluating replacements, focus on firms with established track records, transparent business models, and comparable profit splits and drawdown rules that made TFT attractive in the first place. Key factors include the firm's operational history, regulatory standing, payout reliability, and whether they offer the flexible trading conditions and reasonable evaluation criteria you're accustomed to. We've ranked 8 proven alternatives based on their stability, trading conditions, and track record of supporting trader success, with FTMO leading our analysis for its combination of reliability and trader-friendly policies.

1

FTMO

Top Pick

FTMO ranks #1 as the top alternative to The Funded Trader due to its exceptional trustworthiness with a 4.8/5 Trustpilot rating from over 40,000 reviews and its established 9-year track record since 2015, plus a generous free retry policy if you meet profit targets but breach other rules. The firm offers competitive payouts of 80-90% with reasonable risk parameters (5% daily/10% total loss limits) and broad instrument access across forex, indices, commodities, crypto, and stocks. However, traders should note the $540 price for a $100k challenge is higher than many competitors, and news trading restrictions with 2-minute buffers around major events may limit some strategies.

trustpilot: 4.8/5 (40,000 reviews)payout: 80%–90%news trading: restricteddaily loss: 5%total loss: 10%
Most established and trusted brand in prop trading (est. 2015)
Free retry policy if profit target met but other rule breached
Multiple platform options (MT4, MT5, cTrader, DXtrade)
News trading restricted (2 min buffer around major events)
Higher challenge prices than most competitors at same account sizes
2

FundedNext

FundedNext ranks #2 as a Funded Trader alternative due to its competitive 80-95% profit split and flexible challenge structure with no time limits, plus strong trader satisfaction reflected in its 4.5/5 Trustpilot rating from 61,000 reviews. The firm offers guaranteed 24-hour payouts and supports news trading across multiple platforms including MT4, MT5, and TradingView, making it highly accessible for various trading styles. However, it falls short of the top spot due to being relatively new (established 2022) and maintaining strict daily loss limits of 5%, which may constrain active traders despite the flexible timing structure.

trustpilot: 4.5/5 (61,000 reviews)payout: 80%–95%news trading: alloweddaily loss: 5%total loss: 10%
No time limit in challenge phases allowing flexible trading approach
Up to 95% profit split with performance rewards guaranteed in 24 hours
15% profit share available from challenge phase itself
Relatively new firm established in 2022 with less track record
Daily loss limits still apply despite no time restrictions
3

The5ers

The5ers ranks #3 as a Funded Trader alternative due to its impressive scaling potential up to $4M in trading capital and 100% profit split, backed by strong trader satisfaction with a 4.8/5 Trustpilot rating from 21,000 reviews. The firm offers competitive risk parameters with 6% total drawdown limits and transparent pricing structure, though traders face limitations with 1:30 leverage and a flat $260 fee regardless of account size. While it excels in capital growth opportunities and profit sharing, the leverage restrictions may deter traders seeking higher buying power compared to other alternatives.

trustpilot: 4.8/5 (21,000 reviews)payout: 100%–100%news trading: N/Adaily loss: 3%total loss: 6%
Scale up to $4M in funded trading capital with industry-leading spreads
Up to 100% profit split with transparent one-time fees
Unlimited time limit for evaluations with no consistency rules
Limited leverage at 1:30 compared to some competitors
One-time fee of $260 applies to all account sizes
4

Alpha Capital Group

Alpha Capital Group ranks #4 for Funded Trader alternatives primarily due to its exceptional flat $50 challenge fee across all account sizes ($5K-$200K) and unlimited time to complete evaluations, making it highly accessible for traders. The firm maintains solid trader satisfaction with a 4.7/5 Trustpilot rating from 17,000 reviews and offers competitive payouts at 80%. However, its ranking is limited by lower 1:30 leverage compared to competitors and unclear product information that makes it difficult to assess the full scope of available trading instruments.

trustpilot: 4.7/5 (17,000 reviews)payout: 80%news trading: N/Adaily loss: 4%total loss: 6%
Single flat challenge price of $50 for all account sizes from $5K to $200K
Unlimited trading days with no time limits to complete evaluations
Zero commission trading with raw spreads
Lower leverage at 1:30 compared to many competitors
Limited product information and unclear instrument availability
5

Quant Tekel

Quant Tekel ranks #5 among The Funded Trader alternatives due to its competitive pricing starting at just $30 for a $5K account and flexible evaluation options (2-step, instant, and aggressive), though its $340 price for a $100K account is reasonable rather than exceptional. The firm offers solid fundamentals with an 80-90% payout rate and strong 4.4/5 Trustpilot rating from 12,000 reviews, but falls short of higher rankings due to significant trading restrictions including news trading limitations (5-minute buffer on QT Prime, complete ban on other tiers) and prohibitions on copy trading and multi-account strategies.

trustpilot: 4.4/5 (12,000 reviews)payout: 80%–90%news trading: restricteddaily loss: 4%total loss: 10%
Competitively priced QT Prime challenge from $30 for a $5K account
Multiple evaluation types — 2-step, instant, and aggressive options to suit different traders
80% profit split from day one, up to 90% as you scale
News trading restricted on funded accounts — 5-minute buffer required on QT Prime, banned on QT Power and QT Ultra
Copy trading and multi-account strategies not allowed
6

Funded Trading Plus

Funded Trading Plus ranks #6 as a Funded Trader alternative due to its solid 4.7/5 Trustpilot rating from 3,000 reviews and flexible challenge options including Instant Funding alongside traditional 1-Step and 2-Step programs with competitive 80%-100% payouts. The firm offers fast weekly rewards starting immediately and reasonable drawdown limits (4% daily, 6% total), but falls short with limited 1:30 leverage compared to competitors and fewer visible account size options, making it a decent but not standout alternative.

trustpilot: 4.7/5 (3,000 reviews)payout: 80%–100%news trading: alloweddaily loss: 4%total loss: 6%
Multiple challenge types: Instant Funding, 1-Step, and 2-Step options
Fast weekly reward frequency starting from day 0
No monthly fees with transparent pricing structure
Lower leverage at 1:30 compared to many competitors
Limited account size options shown with pricing
7

Goat Funded Trader

Goat Funded Trader ranks #7 as a Funded Trader alternative due to its competitive 100% profit split and ability to scale up to $2M, along with no time limits on challenges, but is held back by offering only MT5 as a trading platform. Despite solid fundamentals with a 4.3/5 Trustpilot rating from 5,000 reviews and reasonable pricing at $438 for $100k accounts, the firm's establishment in 2023 makes it relatively new compared to more established alternatives. The limited platform selection significantly restricts trader flexibility compared to competitors offering multiple platform options.

trustpilot: 4.3/5 (5,000 reviews)payout: 100%–100%news trading: alloweddaily loss: 4%total loss: 6%
100% profit split available with scaling up to $2M
No time limits for completing challenges
News trading allowed without restrictions
Limited platform options (MT5 only)
Relatively new firm established in 2023
8

FXIFY

FXIFY ranks last among The Funded Trader alternatives primarily due to being a relatively new firm established in 2023 with a shorter track record, despite offering solid fundamentals like 4.4/5 Trustpilot rating from 5,000 reviews and 80-90% payouts. While the firm offers attractive features like first payout on demand after closing the first trade and scaling potential up to $4M, its higher leverage options requiring add-ons and limited operational history make it less proven compared to more established alternatives. The $59 price point for $100K accounts is competitive, but traders seeking tested reliability may prefer firms with longer market presence.

trustpilot: 4.4/5 (5,000 reviews)payout: 80%–90%news trading: alloweddaily loss: 4%total loss: 10%
First payout on demand after closing first trade - no minimum days or targets
Up to $400,000 starting capital with scaling up to $4M available
No consistency rules, no stop loss required, weekend holding allowed
Relatively new firm established in 2023 with shorter track record
Higher leverage options require add-ons at checkout (up to 1:50)

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Disclaimer: Rankings are based on publicly available data collected from firm websites as of March 2026. Scores are calculated algorithmically — affiliate relationships do not influence placement. Always verify current terms before purchasing a challenge. This is not financial advice.