Welcome to our comparison between Forex Prop Firm 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	Forex Prop Firm	Alpicap
Incorporation Date	January 2022	February 2023
CEO	Jonathan Dufresne	Iliya Penchev
Office Location	Colorado, USA	Geneva, Switzerland
Scaling Plan

Forex Prop Firm and Alpicap are two reputable and trustworthy proprietary trading firms. Forex Prop Firm was incorporated in January 2022 while being managed by their CEO, Jonathan Dufresne. They have their offices located in Colorado, USA. Alpicap, on the other hand, was incorporated in February 2023 while being managed by its CEO, Iliya Penchev. Additionally, their offices are located in Geneva, Switzerland.

Funding Program Options

Funding Program Options	Forex Prop Firm	Alpicap
One-step Evaluation
Two-step Evaluation
Three-step Evaluation
Instant Funding

Forex Prop Firm provides their traders with an opportunity to choose between fourteen funding programs to acquire funding, four two-step evaluation, four one-step evaluations, three three-step evaluations, and three instant funding programs. 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 Challenge	Two-step Pro Challenge	Two-step Bear Challenge	Two-step Bull Challenge	Alpicap
$2,500					$25
$5,000	$85	$71	$99	$99	$37
$7,500					$55
$10,000	$124	$94	$179	$179
$15,000					$99
$25,000	$249	$209	$299	$299	$149
$50,000	$389	$319	$449	$449	$299
$100,000	$679	$549	$799	$799	$499
$200,000	$1,239	$999	$1,400	$1,400	$977
$400,000	$2,399	$1,899	$2,899	$2,899	$977

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with Forex Prop Firm 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 Forex Prop Firm and which with Alpicap.

Trading Instrument	Forex Prop Firm	Alpicap
Forex Pairs
Commodities
Indices
Cryptocurrencies

Community Feedback

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

Forex Prop Firm has an average rating of 3.1/5. This is out of a total of 995 reviews, where 65% of them are rated as 5 stars. Alpicap, on the other hand, 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, Forex Prop Firm 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. Forex Prop Firm has four two-step evaluations, four one-step evaluations, three three-step evaluations, and three instant funding programs while Alpicap has a two-step evaluation and a one-step evaluation.

This concludes our comparison between Forex Prop Firm 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!

Forex Prop Firm 50% discount code: FOREXPROPREVIEWS

Alpicap 20% discount code: FOREXPROPREVIEWS

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