Welcome to our comparison between FundedNext and Alpicap, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.

Company Details

Company Details	FundedNext	Alpicap
Incorporation Date	March 2022	February 2023
CEO	Abdullah Jayed	Iliya Penchev
Office Location	United Arab Emirates & Bangladesh	Geneva, Switzerland
Scaling Plan

FundedNext and Alpicap are two reputable and trustworthy proprietary trading firms. FundedNext was incorporated in March 2022 while being managed by their CEO, Abdullah Jayed. They have their offices located in the United Arab Emirates and Bangladesh. Alpicap, on the other hand, was incorporated in February 2023 while being managed by its CEO, Iliya Penchev. Additionally, their offices are also located in Geneva, Switzerland.

Funding Program Options

Funding Program Options	FundedNext	Alpicap
One-step Evaluation
Two-step Evaluation

FundedNext provides their traders with an opportunity to choose between three funding programs to acquire funding, two two-step evaluations and a one-step evaluation. Alpicap, on the other hand, allows its traders to choose between two funding programs to acquire funding, a two-step evaluation and a one-step evaluation.

Two-step Comparison:

After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.

Account Size	Two-step Stellar	Stellar Lite	Evaluation Model	Alpicap
$2,500				$25
$5,000		$32		$37
$6,000	$59		$49
$7,500				$55
$10,000		$59
$15,000	$119		$99	$99
$25,000	$199	$139	$199	$149
$50,000	$299	$229	$299	$299
$100,000	$519	$399	$549	$499
$200,000	$999		$999	$977

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with FundedNext and Alpicap, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

Trading instruments

Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with FundedNext and which with Alpicap.

Trading Instrument	FundedNext	Alpicap
Forex Pairs
Commodities
Indices
Cryptocurrencies

Community Feedback

The last topic we will cover is community feedback from FundedNext and Alpicap. The statistics are taken from the Trustpilot page of each of the mentioned companies.

FundedNext has an excellent rating of 4.6/5. This is out of a total of 30,577 reviews, where 84% of them are rated as 5 stars. Alpicap, on the other hand, also has an excellent rating of 4.8/5. However, this is out of a total of 99 reviews, where 93% of them are rated as 5 stars.

Conclusion

In conclusion, FundedNext and Alpicap are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. FundedNext has two two-step evaluations and a one-step evaluation, while Alpicap has a two-step evaluation and a one-step evaluation.

This concludes our comparison between FundedNext and Alpicap. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!

FundedNext 120% refund code: FOREXPROPREVIEWS

Alpicap 20% discount code: FOREXPROPREVIEWS

Our comparison between FundedNext and Alpicap was last updated on 04.02.2025 at 13:20 (CE(S)T).