/
Login
Breaking
All news
Comparison · Futures

Getting paid at Alpha Futures and IQ Capital Futures

Alpha Futures provides a structured, multi-tier environment focusing on professional consistency through its "Qualified" programs, while IQ Capital Futures prioritizes payout speed via its "Rapid" plans and has shifted toward a model without monthly renewal fees.

Updated on

The split

At both firms, the standard reward for successful trading is a 90% profit split. However, there are nuances based on the chosen path:

  • Alpha Futures: Offers a flat 90% profit split across all accounts (Zero, Standard, Advanced, and Direct).
  • IQ Capital Futures: Provides a 90% split for Core, Instant, and Welcome accounts, but reduces the share to 80% for its "Rapid" (Daily and 3D) plans in exchange for faster access to capital.

How often you can withdraw

The speed at which you can move money from your trading account to your pocket differs significantly:

  • Alpha Futures: Traders can request payouts up to 4 times per month. This frequency applies to all plans once the specific winning day requirements are met.
  • IQ Capital Futures: Offers the most aggressive frequency in the market with its Rapid Daily plan, allowing withdrawals after just one active session. The Rapid 3D plan allows withdrawals every 3 sessions, while the Core and Instant plans require 10 active sessions between requests.

Minimums and methods

Alpha Futures is more transparent regarding minimum thresholds, while IQ Capital offers a unique processing guarantee:

  • Minimum amounts: Alpha Futures requires at least $200 (Zero), $500 (Standard/Direct), or $1,000 (Advanced). IQ Capital does not publish a specific minimum but limits the maximum to 50% of profits per request.
  • Payout methods: Alpha supports ACH, Wire Transfer, SWIFT, Wise, and Rise. IQ Capital uses Bank Transfers and Crypto (USDC ERC-20).
  • Guarantees: Alpha offers same-day processing. IQ Capital advertises a 48-hour window; if they fail to meet it, the trader receives a 100% split for that specific payout.

What delays a payout

Reaching the profit target is only half the battle; risk and consistency rules act as the final hurdles before a payout is approved.

  • Consistency Rules: Alpha Futures applies a 40% consistency rule on Zero and Standard Qualified accounts, and a 20% rule on Direct accounts. IQ Capital uses a 30% rule for Core/Instant and a 40% rule for Rapid 3D.
  • The "Winning Days" Hurdle: Alpha requires 5 winning days of at least $200 profit each before every performance fee request (except for Direct accounts).
  • Trading Restrictions: Alpha prohibits news trading (2 minutes before/after) on most Qualified accounts, except for the Advanced plan. IQ Capital allows news trading but enforces a "15-second rule" where at least half of your trades must last longer than 15 seconds to count toward a payout.
  • Drawdown: Both firms use End-of-Day (EOD) trailing drawdowns that eventually lock at the starting balance, meaning a single bad day can erase weeks of progress toward a payout.

What it takes to get there

The investment required to start this journey involves both the entry price and the technical setup.

  • Cost of Entry: Alpha Futures operates mainly on monthly subscriptions ($129 for a 50K Standard, $209 for 50K Advanced) or a one-time fee for Direct accounts ($519 for 50K). IQ Capital has eliminated monthly fees for new accounts, charging an entry fee ($195 for 50K Core) plus an activation fee ($129 for 50K Core) once passed.
  • Phases: Both firms offer one-step evaluations. Alpha also provides "Direct" accounts that bypass the evaluation entirely.
  • Platforms: Alpha Traders use AlphaTrader, TradingView, or Quantower. IQ Capital offers a broader range including NinjaTrader, Tradovate, ATAS, and Quantower.
  • Permitted Styles: Neither firm allows HFT or tick-scalping. Alpha is stricter on "micro-scalping" (trades under 2 minutes and 10 ticks), while IQ focuses on the 15-second minimum duration for consistency.

Which pays out more comfortably

IQ Capital Futures is the better choice for traders seeking immediate gratification; their Rapid Daily plan and the absence of news restrictions allow for a faster, more aggressive path to the first withdrawal.

Alpha Futures is more comfortable for the methodical, high-volume trader who prefers a professional UK-based ecosystem and is willing to trade for 5 consistent "winning days" to secure a 90% split on a platform like TradingView.

Frequently asked questions

Which firm is cheaper to start a 50K account, Alpha Futures or IQ Capital Futures?

Alpha Futures is cheaper for the initial evaluation, with its 50K Standard plan costing $129 per month. IQ Capital Futures requires a higher upfront payment of $195 for its 50K Core plan, although it does not charge monthly renewal fees for new purchases. However, IQ Capital also requires a $129 activation fee once you pass, whereas Alpha's Zero and Standard plans have no activation fees.

Can I trade the news on both Alpha Futures and IQ Capital Futures?

No, the rules differ significantly. IQ Capital Futures allows news trading across its accounts without specific time restrictions. Alpha Futures, however, prohibits placing orders within 2 minutes before or after high-impact news on its Direct, Standard, and Zero Qualified accounts. Only Alpha's "Advanced" plan allows unrestricted news trading.

Which firm offers faster payouts, Alpha Futures or IQ Capital Futures?

IQ Capital Futures offers faster payouts through its Rapid Daily plan, which allows for a withdrawal after just one trading session. Alpha Futures requires a minimum of 5 winning days with at least $200 in profit for its Zero, Standard, and Advanced plans before a payout can be requested, limiting the speed for traders who do not hit those specific daily targets.

What platforms can I use on Alpha Futures vs IQ Capital Futures?

Alpha Futures supports AlphaTrader, TradingView, WealthCharts, Quantower, and Deepcharts. IQ Capital Futures offers a different selection, including NinjaTrader, Tradovate, ATAS, Quantower, and Deepchart. If you specifically require NinjaTrader or Tradovate, IQ Capital is the only option between the two, while Alpha is better suited for native TradingView integration.

Field by field

Alpha Futures and IQ Capital Futures, side by side

Rules, plans, platforms, leverage, commissions and payouts of both, with the option to see only what differs.

Head to head

41 differences

85%off · Exclusive
Headquarters

1 Allied Business Centre, Coldharbour Lane, Harpenden, England, AL5 4UT

Gros Islet, Saint Lucia

CEO

Andrew Blaylock & George Kohler

Christoph Radecker

Country

United Kingdom

Saint Lucia

Foundation

2023

No data
Banned Countries
Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Burkina Faso (Upper Volta), Burma/Myanmar, Chad, China, Côte d'Ivoire, Croatia, Cuba, Democratic Republic of Congo, Djibouti, East Timor, Guinea-Bissau, Ethiopia, Haiti, Iran, Iraq, Jamaica, Jordan, Kenya, Kosovo, Kyrgyzstan, Laos, Lebanon, Lesotho, Libya, Malawi, Malaysia, Mali, Montenegro, Mozambique, Namibia, Nigeria, North Korea, North Macedonia, Northern Cyprus, Palestinian Territory, Pakistan, Philippines, Romania, Russia, Rwanda, Senegal, Serbia, Sierra Leone, Slovenia, Somalia, South Sudan, Sudan and Darfur, Syria, Tajikistan, Tanzania, Turkey, Ukraine, Venezuela, Vietnam, Yemen, Zimbabwe
AF, BY, CF, CU, CD, ER, IR, IQ, LY, ML, MM, NI, KP, RU, SO, SS, SD, SY, VE, YE
Assets
Equity Indexes, Currencies, Metals, Commodities, Crypto, Rates
Forex, Indices, Commodities, Crypto, Futures
Brokers
ACG Markets
dxFeed
Platforms
AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts
Deepchart, ATAS, Quantower, Tradovate, Tradingview, NinjaTrader
Payout Methods
ACH, Wire Transfer, SWIFT, Wise, Rise
Transfer, Crypto
Live Account
Yes

Qualified traders may be selected to trade real capital through the Alpha Futures Live Program or Alpha Prime. Live accounts offer daily uncapped withdrawals, no consistency rule and no news-trading restrictions.

Limited

Elite trades real capital by risk-team invitation; standard Funded accounts use simulated capital.

Payment Methods
Card, Crypto
Card, Crypto
Payout Frequency
  • Zero, Standard and Advanced: Up to 4 times per month after 5 winning trading days of $200 or more
  • Direct: Up to 4 times per month after meeting its Withdrawal Profit Target and 20% consistency rule

Core and Instant: every 10 active sessions. Rapid Daily: after one session; Rapid Futures 3D: every 3 sessions. Rapid closes after the fifth payout.

Payout Guarantee

Same day

The website advertises processing within 48 hours or a 100% split on that payout. Bank transfer or USDC ERC-20 according to the help center.

Maximum Withdrawal
  • Advanced: $15,000 per account
  • Zero 25K: $1,000
  • Zero 50K: $1,500
  • Zero 100K: $2,500
  • Standard 50K: $3,000
  • Standard 100K: $4,000
  • Standard 150K: $5,000
  • Direct 25K: $1,000
  • Direct 50K: $2,000
  • Direct 100K: $2,500
  • Direct 150K: $3,000

Up to 50% of profits per request, before the split. Core/Instant 50K: $1,500/$2,000/$2,500 for payouts 1-2/3-4/5+; 100K: $2,000/$2,500/$3,000. Rapid Daily 50K: $1,000 for the first two, then $1,500; 100K: $1,500/$2,000. Rapid 3D 50K: $2,000; 100K: $2,000 for the first two, then $3,000. After the first payout, new profits of at least 50% of the next requested amount are required.

Minimum Withdrawal
  • Zero: $200
  • Standard: $500
  • Advanced: $1,000
  • Direct: $500

No published minimum.

Commission
No data

Per contract per side: dxFeed $0.75 micro / $2 mini; Tradovate $0.80 / $2.88. CME L1 included; other exchanges and L2 cost extra. Tradovate is limited to DLL accounts; evaluations cannot migrate.

Account Reset

Evaluation Resets

Evaluation reset prices are shown in each challenge. Paying the next monthly subscription also resets an Evaluation.

 

Qualified Resets

Available after a breach on Zero and Standard Qualified accounts.

Plan 25K 50K 100K 150K
Zero $399 $499 $799 —
Standard — $599 $799 $999
Limited

Evaluation resets and up to two funded or Instant resets. Help articles exclude promotional accounts from resets, although the Welcome Futures checkout displays a reset price. Confirm before purchasing a Welcome reset.

Add-ons
Yes
  • Level 2 (Depth of Market) Data for all exchanges: $41/month per user
  • EUREX DOM data: $23 per month
  • Standard 50K, 100K and 150K: add-on that removes the consistency rule once Qualified, from $70/month. The Evaluation keeps the 50% rule.
No data
Instant
Yes
Yes
One Step
Yes
Yes
Account scaling
No data
Limited

Discretionary invitation to Elite with real capital and individual limits. The website also advertises a waiting list; automatic scaling is not guaranteed.

Max Drawdown
  • EOD trailing on every plan
  • Locks at the starting balance
  • Does not reset after a performance fee

EOD trailing: the threshold follows the highest closing value and never decreases. It locks at the initial balance when reached or after the first payout. Subsequent loss room consists of the profits left in the account.

Free Trial
No
No
Daily Drawdown
  • Advanced: none
  • Zero: applies in Evaluation and Qualified; hitting it locks the account until the next trading day
  • Standard: none in Evaluation; applies once Qualified
  • Direct: applies from day one

Core DLL and funded Rapid Daily: the checkout specifies one soft closure and account termination on the second breach. Older Core DLL articles still describe an immediate hard breach.

Max Allocation
  • Zero, Standard and Direct: up to 5 Qualified accounts
  • Advanced: up to 3 Qualified accounts; an active Advanced Qualified account limits the user to 3 total
No data
Mandatory buffer
No
No data
Merge Accounts
No
No data
Maximum Trading Days
No data

New purchases: 90-day evaluation; Instant accounts have no expiry. No monthly renewal fees for purchases from 22 October 2026 at 18:00. Older accounts retain their renewal terms.

Minimum Trading Days
  • Zero (Evaluation): 1 day
  • Standard (Evaluation): 2 days
  • Advanced (Evaluation): 3 days
  • Zero, Standard and Advanced Qualified: 5 winning days of $200 or more before each performance fee
  • Direct: no minimum trading days; withdrawals require its profit target and 20% consistency rule

Core: no minimum evaluation days. Rapid: the help center specifies 3 evaluation days and consistency.

Funded Phase Pricing Model

No activation fee on any plan. Direct is paid once; Zero, Standard and Advanced charge monthly only during Evaluation.

No data
Minimum Profitable Days

Zero, Standard and Advanced require 5 winning days with at least $200 profit each before every performance fee request. Direct requires its Withdrawal Profit Target and 20% consistency rule.

No data
Position size scaling
Yes

The scaling plan limits maximum position size according to accumulated profit. Zero 25K has no scaling plan; Advanced and Direct have no scaling plan.

 

Zero Qualified

Profit 50K minis 50K micros 100K minis 100K micros
Less than $1,500 1 10 2 20
$1,500-$2,000 2 20 3 30
$2,000-$3,000 3 30 4 40
$3,000-$4,500 — — 5 50
$4,500+ — — 6 60

 

Standard Qualified

Profit 50K minis 50K micros 100K minis 100K micros 150K minis 150K micros
Less than $1,500 2 20 3 30 3 30
$1,500-$2,000 3 30 4 40 4 40
$2,000-$3,000 5 50 5 50 5 50
$3,000-$4,500 5 50 10 100 10 100
$4,500+ 5 50 10 100 15 150
No data
Evaluation Phase Pricing Model

Zero, Standard and Advanced use a monthly Evaluation fee. Direct is one-time.

No data
Maximum Accounts
No data

Core and Instant: up to 10 funded accounts. Rapid: up to 5. One Welcome account per user. Unlimited evaluations; passed accounts can wait for an activation slot. Futures limits are separate from CFD/crypto limits.

Expert Advisor (EA)
No
Limited

Only self-developed or transparent systems with full source access and control over their logic. No commercial black-box bots, HFT or arbitrage.

VPN
No
Limited

Allowed for security or connectivity, never to conceal identity or bypass restrictions.

Hedging
No
No
Requires Stop Loss
No
No data
Scalping
Limited

Tick or micro scalping is prohibited when trades repeatedly last less than 2 minutes and move less than 10 ticks. There is no universal minimum holding time.

Limited

No HFT or tick scalping. Payouts require the 15-second rule: at least half of trades and profits must come from trades exceeding that threshold, as described in payout help.

Stacking / Layering (DCA)
Limited

Reasonable DCA is allowed. Excessive order stacking or order-book spamming intended to exploit simulated fills is prohibited.

No data
Maximum Risk Limit
No
Limited

Position Loss plans aggregate all trades in the same market, including fees, spread and slippage. Limit: 1% in evaluation and 0.5% funded/Instant. Two soft closures; the third breach ends the account. Rapid Futures does not use this limit.

Copy Trading
Limited

Permitted only when one user copies trades across accounts held in that same person's name. Automated, group and reverse trading remain prohibited.

No
News Trading
Limited
  • All Evaluation accounts: no news-trading restrictions
  • Advanced Qualified: no news-trading restrictions
  • Direct, Standard and Zero Qualified: no orders within 2 minutes before or 2 minutes after high-impact news
Yes
Inactivity Rule

10 trading days

Closure after 8 calendar days without trading. Opening or closing a trade resets the timer; an open position pauses it.

Consistency Rule
Yes
  • Zero: no Evaluation consistency rule; 40% on Qualified accounts
  • Standard: 50% in Evaluation; 40% on Qualified accounts (removed on Qualified with the Standard add-on)
  • Advanced: 40% in Evaluation; none on Qualified accounts
  • Direct: 20% between performance fee requests
Limited

Core: 30% funded and Instant, none during evaluation. Rapid: 40% during evaluation; none for funded Rapid Daily. Rapid Futures 3D: 40% per funded cycle. Resets after each payout.

Hold Weekend
No
No
Prohibited Strategies
  • All or Nothing Approach
  • Order Book Spamming
  • Tick or Micro Scalping
  • Exploiting Absence of Slippage / Favorable Fills
  • Multiple Limit Orders at Same Price
  • Gambling Tendencies / Account Rolling (Account Stacking)
  • Reverse Trading / Hedging
  • Trading Illiquid or Gapped Markets for Isolated Fills
  • Non-Compliance with CME Group Rules
  • Group Trading (Collaborative Trading)

Latency arbitrage, price or platform manipulation, spoofing/layering, bug exploitation, copying/external signals, third-party management, account sharing, multiple identities and excessive exposure.

Overnight positions
No
No
Free newsletter

Pick your firms. Get what matters.

  • Exclusive promotions, updated daily
  • Funded trading industry news
  • Full control: you choose which firms to follow

FreeNo spamOne-click unsubscribe

Community

Join the community

Join us on our mission to become the most influential family in funded trading.

  • trade-ideasTrading ideas from the community
  • giveawaysGiveaways from prop firms
  • respect-leaderboardTop 10 by Respect earned
  • wins-and-lossesFundings, payouts and blown accounts
Join the Discord