Review
Company Information
Alpha Futures is a proprietary rading firm (“prop firm”) specializing in financial futures and affiliated with Alpha Capital Group. Its mission is to recruit talented futures traders and provide them with professional resources. The company offers training programs through simulated accounts (evaluation) with different plans, to then fund traders who meet the profit targets.
Standard Plan vs. Advanced Plan
Alpha Futures offers two main evaluation plans: Standard and Advanced. The Standard Plan is more affordable and aimed at traders starting in futures, with lower proportional profit targets and drawdowns. The Advanced Plan is more expensive, designed for experienced traders, and provides additional advantages: no consistency rule applies on the funded account, it has no news restrictions, allows for weekly payouts at a fixed 90% from the start, and the daily loss limit grows with the balance.
| Account Size | Standard Plan (USD/month) | Advanced Plan (USD/month) |
|---|---|---|
| 50k | $79 | $139 |
| 100k | $159 | $279 |
| 150k | $239 | $419 |
The plans are charged as a monthly subscription. Upon passing the evaluation, the subscription ceases, and the trader pays only the activation fee to receive the funded account (USD 149 for Standard or Advanced Plan). If the evaluation is failed, renewing the subscription resets the account to the initial balance, or a manual reset can be purchased without affecting the billing date. Resets allow returning to the original state and cost, for example, $59 for 50k Standard or $139 for 50k Advanced.
Zero Plan
Alpha Futures also offers an innovative Zero Plan, where there is no activation fee and the evaluation can be passed in a single day (the consistency rule does not apply during the evaluation). The available Zero accounts are 50k and 100k, with a fixed profit target of 6% of the capital and a 4% drawdown. Its key parameters are summarized below:
| Parameter | Zero 50K | Zero 100K |
|---|---|---|
| Profit Target | $3,000 | $6,000 |
| Max Drawdown (MLL) | $2,000 (4%) | $4,000 (4%) |
| Daily Loss Limit (DLL) | $1,000 (2%) | $2,000 (2%) |
| Monthly Fee | $99 | $199 |
| Reset | $79 | $159 |
| Max Positions | 3 minis, 30 micros | 6 minis, 60 micros |
| Consistency | – (N/A in evaluation) 40% in funded phase | – (N/A in evaluation) 40% in funded phase |
| News | No restrictions in evaluation; 2 min restriction in funded | Same as Zero 50k |
| Withdrawal Qualification | Up to 50% of profits every 5 winning days; after 30 cumulative days, 100% | Same process as Zero 50k |
| Withdrawal Limit | $200 minimum, $1,500 maximum | $200 minimum, $3,000 maximum |
| Profit Split | 90% | 90% |
| Activation Fee | $0 | $0 |
The Zero Plan has significant advantages: no activation fee, a fixed 90% split from the first withdrawal, multiple withdrawals per month (up to 4 times after 5 days of $200), and it does not reduce the MLL when withdrawing small profits. Due to its low initial cost (subscriptions of $99/$199), it is attractive to traders who prefer immediate scalability.
Monthly Subscription and Pricing
The challenge subscription renews automatically each month until the evaluation is passed. As shown above, prices depend on the size and plan. Upon failing the evaluation, the system offers to reset the account to the start: if the trader does not cancel, on the next monthly charge, their account is reset to the initial capital. You can also purchase resets (“Resets”) at any time (their costs depend on the size and plan, e.g., $59-$199 for Standard Plan, $79-$159 for Zero Plan, $139-$419 for Advanced Plan). Traders can cancel the subscription in the user dashboard to avoid new charges before passing the evaluation.
Trading Rules
The risk rules at Alpha Futures are clearly defined and apply to both the evaluation and the funded account:
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Maximum Loss Limit (MLL): on the Standard and Zero Plan, it is 4% of the initial balance; on the Advanced Plan, 3.5%. The MLL is trailing based on the daily close: it moves up with profits, but never drops below the previous high. Exceeding the MLL (with closed or floating balance) liquidates the account. In the evaluation, it means immediate failure of the challenge; on the funded account, it permanently closes the account.
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Daily Loss Limit (DLL): it is a “safeguard” of 2% of the daily balance. There is no DLL on Standard or Advanced accounts during the evaluation, but there is on Zero accounts. On standard funded accounts, the DLL is 2% of the initial capital (e.g., $1,000 on 50k), while on Advanced accounts, it grows with the balance (2% of the current balance). Upon hitting the daily limit, all positions for the day are liquidated, and trading is blocked until the next market day. This mechanism aims to prevent excessive losses in a single day.
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Consistency Rule: in the standard/advanced evaluation, no single day can account for more than 50% of the accumulated net profit; meaning, you will not pass until this is met. In the funded stage, there is a 40% rule for Standard and Zero accounts: no single day should exceed 40% of the total accumulated profits; otherwise, a withdrawal will not be allowed until this ratio is balanced. Conversely, there is no consistency rule on funded Advanced accounts.
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News Trading: during the evaluation, there are no restrictions. Once funded, Standard/Zero accounts cannot open or close orders during the 2 minutes before or after a high-impact economic event (the “red folder” list from ForexFactory is used). On Advanced accounts, there is no news restriction. A violation on standard accounts implies voiding the profits from the trade in that window and a possible penalty; the first infraction is a warning, the next one leads to account closure.
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Prohibited Practices: high-frequency automated trading systems (more than 100 orders/day) are not allowed, nor are robots, EAs, or AI that operate fully automatically. Practices such as order “spamming,” extreme scalping (very short trades or a few ticks), limit arbitrage, reverse trading between accounts (opposite positions on separate accounts), or colluding with others to coordinate trades are also prohibited. In short, realistic and transparent trading is required. A serious violation can lead to immediate account closure and voiding of profits.
Other key rules: only one full-level contract is allowed (there is no “scaling” plan on Advanced accounts, meaning you can always trade with the maximum contract size), and validating the trader’s identity (KYC) is required before receiving the funded account.
Tradable Financial Instruments
Alpha Futures trades exclusively with CME Group futures, including stock indices (E-mini S&P, Nasdaq, Dow, Russell), commodities (grains, energies, precious metals), bonds, and interest rates. Additionally, it offers micro cryptocurrency futures for Bitcoin (MBT) and Ethereum (MET), treating them as full contracts (for example, 5 MBT are equivalent to 5 full contracts). The associated platform (ProjectX) does not charge its own commissions per trade, although CME regulatory fees do apply. On Tradovate or NinjaTrader platforms, small additional commissions or subscriptions apply. In general, the spreads are the minimums for the futures market (the tick of each contract) and the execution simulates real fills; however, exploiting the lack of simulated slippage is prohibited.
Restricted Countries
Alpha Futures’ geographic restrictions require the trader to have residency and citizenship outside the list of banned countries. For reference, the restricted countries include:
| Restricted Countries | Restricted Countries |
|---|---|
| Afghanistan | Lebanon |
| Albania | Libya |
| Belarus | Malaysia |
| Bosnia and Herzegovina | Mali |
| Bulgaria | Montenegro |
| Burkina Faso | Mozambique |
| Burma (Myanmar) | Namibia |
| Croatia | Nigeria |
| Cuba | North Korea |
| DR Congo | North Macedonia |
| Ethiopia | Pakistan |
| Haiti | Philippines |
| Iran | Romania |
| Iraq | Russia |
| Jamaica | Senegal |
| Kenya | Serbia |
| Kosovo | Slovenia |
| Mali | Somalia |
| Tanzania | South Africa |
| Turkey | Sudan (incl. Darfur) |
| Ukraine | Syria |
| Venezuela | Vietnam |
| Yemen | Zimbabwe |
Deposits and Withdrawals
Alpha Futures operates with payments strictly in the name of the account holder; it does not accept third-party payments or external credit cards. After passing the evaluation, the trader must complete the KYC process, sign the funded account contract, and pay the activation fee (for Standard/Advanced) within 30 days.
Regarding withdrawals, on Standard accounts, the user can request money every 14 days (bi-weekly cycle) with a minimum of $200 per request. The percentage they receive depends on the consistency level reached: it starts at 70% (first two requests) and scales up to 90% from the fifth payment onwards. On Advanced accounts, withdrawals are more flexible: they can be requested after accumulating 5 winning days (not necessarily consecutive) with $200 each, with a minimum of $1,000 per withdrawal. Initially, up to 50% of the profits can be withdrawn, and after 30 trading days, up to 100% is allowed (bringing the balance to the MLL would close the account). The profit split on Advanced is a fixed 90% from the first payment. All withdrawals are processed within a short period (up to 48 business hours) and are made from the account balance, reducing the MLL accordingly.
Platforms and Technical Aspects
Alpha Futures traders can choose from several leading platforms: ProjectX (web platform associated with Alpha Futures), Quantower (via integration with ProjectX), Tradovate (web), and NinjaTrader (desktop software). TradingView connected to the Tradovate account can also be used. The choice of platform is defined when purchasing the plan and is not interchangeable afterward.
The associated broker is not detailed publicly, but on the live Alpha Prime account, trading is done with leverage of up to 10:1 on a $10,000 base capital. In the evaluation, the leverage is that provided by standard CME futures (for example, E-mini S&P is usually around 20:1). Alpha Futures does not charge brokerage commissions on ProjectX (only CME regulatory fees are paid); on Tradovate/NinjaTrader, the cost structure includes minimum fees per trade indicated in the documentation for those platforms. The spreads are those of the futures market itself (minimum ticks), and there is no “additional spread” from the firm.
Strengths of Alpha Futures
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Single-Step Evaluation: only requires meeting the profit target while maintaining the rules, without complicated additional stages.
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Generous Withdrawal Conditions: maximum $15,000 per request (highest limit in the sector), without requiring a minimum balance to be maintained or penalizing small withdrawals (the MLL does not “drop to zero” after a withdrawal).
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Flexible Subscription Model: monthly payments with affordable resets, ideal for traders with limited resources.
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Modern Platforms: access to advanced web and desktop platforms (ProjectX, Quantower, Tradovate, NinjaTrader, TradingView).
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Wide Range of Contracts: all relevant CME Group futures plus micro-cryptos (MBT, MET).
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High Split: possibility to receive up to 90% of net profits.
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Competitive Advanced Plan: no consistency rule, no news restrictions, DLL that grows with the account, and flexible weekly withdrawals (fixed 90%).
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Live Funding Program (Alpha Prime): outstanding traders can access a static $10k live account alongside the team in London, with a monthly salary and a 60% split. This is a unique professional career program.
In summary, Alpha Futures combines a transparent evaluation system with attractive and scalable trading conditions, while maintaining clear risk rules. All official information is available on their site and help center, so traders know the requirements and benefits of each plan in advance.
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