Alpha Futures
UK · est. 2024 · reviewed 2026-09-28
FirmFax verdict
Alpha Futures is a solid but mixed futures prop firm, still young; the account reviewed here is its Zero Evaluation (62/100), which uses a more forgiving end-of-day trailing drawdown and carries a strong public payout reputation.
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Homepage banner: "50% OFF USE CODE: APP50" (read 2026-09-16). The TRADINGVIEW code we published on 2026-09-05 no longer appears on the page. The banner states no end date and does not say which evaluations it covers.
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Offer source: Alpha Futures homepageQuick check
Firm
62/C
Account reviewed
62/C
Watchlist profile
Open research notes are available to help you match the right account.
Offer links may be sponsored. They never change our score or ranking. Disclosure.
Best for
- ✓Budget-conscious traders — accounts start from $89
- ✓Traders who weight a strong public payout reputation
- ✓TradingView users — it is a listed platform
- ✓Futures traders
Check fit if
- •Best for traders who can spread profits across sessions; this route lists a 40% consistency rule
- •Best for traders with tight daily risk controls because this route includes a daily loss cap
- •Review the current status notes first; Alpha Futures is currently on the watchlist
Alpha Futures
Fig. 01 — Score breakdown
What the FirmFax score is made of
This breakdown is for Advanced Evaluation, the middle-scoring of the 4 plans on sale. Alpha Futures' grade is that plan's score.
Fig. 02 — Account types
All account types compared
Rankings use each plan's own score.
| Plan | Market | Score | From | Drawdown | Daily loss | Consistency | Payout split | Platforms | Action | |
|---|---|---|---|---|---|---|---|---|---|---|
| Zero Evaluation One-step monthly futures evaluation | Futures | 62C | $89 | Trailing (end-of-day) | $500 | 40% | 90% | AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts | Get offer → | |
| Standard Evaluation One-step monthly futures evaluation | Futures | 62C | $129 | Trailing (end-of-day) | Not recorded | 50% | 90% | AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts | Not recorded daily loss limit | Get offer → |
| Advanced Evaluation One-step monthly futures evaluation | Futures | 62C | $209 | Trailing (end-of-day) | Not recorded | 40% | 90% | AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts | Not recorded daily loss limit | Get offer → |
| Direct Qualified Direct-to-qualified futures account | Futures | 62C | $349 | Trailing (end-of-day) | $500 | 20% | 90% | AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts | Get offer → |
- Daily loss
- We have not recorded whether this plan has a daily loss limit. A blank row is not the absence of a cap.
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From $89.25,000 min size. One-step monthly futures evaluation
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Fig. 03 — Cost to funded
What does Alpha Futures cost?
Route: Zero Evaluation
Cost on one clean pass
$89+
Entry price for one attempt, before any current discount. Fees paid after entry are not included, so the real cost may be higher.
Fig. 04 — Before you buy
Rules to know first
Drawdown model
Trailing (end-of-day)On Zero Evaluation, the drawdown only trails at the end of the day, which gives active traders far more room than an intraday trail.
Source: Alpha Futures funded account guide ↗Daily loss limit
$500Daily caps make position sizing especially important, even when overall drawdown room remains.
No source on file for this row
Consistency rule
40%Payout eligibility needs profits spread across sessions; one day above 40% can delay the request.
No source on file for this row
News trading (by stage)
Allowed except 2 minutes on one or both sides of news releases (side not recorded)The rule changes once the firm carries the risk: allowed on evaluation; allowed except 2 minutes on one or both sides of news releases (side not recorded) once funded. The figure shown is the funded-stage rule, because that is the half that costs money.
Source: Alpha Futures homepage ↗Min trading days
1 trading dayAlpha Futures requires at least 1 trading day on this route before the evaluation can be passed. The wait before a payout can be requested is a separate rule.
No source on file for this row
Each row above is read from Alpha Futures’s own published pages where one is cited; rows marked “Not recorded” are gaps in our record, not terms the firm has waived. Last reviewed 2026-09-28 — confirm the live terms at checkout.
Fig. 05 — Full terms
Rules & payouts
Last reviewed 2026-09-28
Rules
- Drawdown
- Trailing (end-of-day), on every plan on sale that we list
- Daily loss limit
- $500, on 2 of 4 plans on sale that we listNot recorded: Standard Evaluation and Advanced Evaluation
- Consistency rule
- Varies by planStrictest: 20%, on Direct Qualified
- Min trading days
- Varies by planStrictest recorded: 3 trading days, on Advanced Evaluation1 plan not recorded
- News trading — evaluation
- Allowed
- News trading — once funded
- Allowed except 2 minutes on one or both sides of news releases (side not recorded)
- Overnight holding
- Restricted, on every plan on sale that we list
News rule detail: During evaluation: Alpha Futures' news trading policy states there are no news trading restrictions for any Evaluation Accounts. Once funded: On Direct, Standard and Zero Qualified Accounts no order may be executed within two minutes before or after a high-impact release. Advanced Qualified Accounts are exempt.
Automation: Copy trading in general is permitted as long as it is a single user executing the trades, and it is the single individual listed on the Alpha Futures Accounts. Automated, Group, and Reverse Trading are strictly prohibited.
Payouts
- Profit split
- 90% performance split on most account types; the payout policy pays the trader 90% of each approved request
- Frequency
- Not recorded
- We have not recorded a payout cadence for the firm as a whole.
- Min days to payout
- 5 winning days
- First payout min
- $500
- Methods
- Not recorded
- We have not recorded the payout methods.
- Payout evidence
- No dated evidence found
- No dated payout record published by the firm has been found. This is a gap in our evidence, not a finding about whether the firm pays.
- Platforms
- AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts
Payout evidence counts dated payout records Alpha Futures has published itself. We have found none for Alpha Futures. Most firms publish nothing dated, so a blank here says what we could not find — it is not a finding that the firm does not pay.
Fig. 06 — Rule tape
Recent changes
Red flags
- · The Premium plan was discontinued and active Premium accounts were refunded and closed, which keeps this firm on watch even though the Zero, Advanced, and Direct pages remain live.
Fig. 07 — Research & sources
Research notes
Alpha Futures publishes current official rule and pricing pages, and the plan rows here are cited to them. The July 12, 2026 Premium-plan closure remains a material trader-risk signal, which is what the watch status and the logged status issue carry. The rules themselves are sourced and not in dispute.
FAQ
Alpha Futures questions
Is Alpha Futures legit?
Alpha Futures has operated since 2024 (2+ years) and holds a strong public payout reputation. FirmFax scores it 62/100 on Zero Evaluation and reviews rules from public sources.
How much does Alpha Futures cost?
Zero Evaluation starts at $89. Fees paid after entry are not included in that price. See the cost breakdown above for what that figure includes.
What drawdown does Alpha Futures use?
Zero Evaluation uses a trailing (end-of-day) drawdown — the drawdown only trails at the end of the day, which gives active traders far more room than an intraday trail.
Does Alpha Futures have a consistency rule?
Yes — Zero Evaluation lists a 40% consistency rule. How the 40% is measured varies between firms, so check Alpha Futures’ own terms. Other routes can differ; check the account table.
How does Alpha Futures pay out?
Profit split on record for Alpha Futures: 90% performance split on most account types; the payout policy pays the trader 90% of each approved request. Minimum of 5 winning days before a payout. Payout cadence: Not recorded. FirmFax holds no dated, firm-published payout record for it — that means none has been found, not that the firm fails to pay.
What platforms does Alpha Futures support?
Alpha Futures lists AlphaTrader, TradingView, WealthCharts, Quantower, Deepcharts. Review platform access for the specific plan you choose.
Is there a Alpha Futures discount code?
50% off with code APP50 — official source, last checked 2026-09-16. See the full Alpha Futures discount page for details.
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