Alpha Futures Review

Profit Target

$6,000 profit target to pass the evaluation.

Maximum Drawdown

$3,000 maximum drawdown. End of Day (EOD) Trailing. Your maximum drawdown trails up at the end of each trading day based on your highest end-of-day balance. Intraday fluctuations do not affect the drawdown level. Once your balance reaches $103,000, the drawdown locks at $100,000 and no longer trails.

Daily Loss Limit

$2,000 daily loss limit. If your daily loss limit is hit, trading is stopped for the day but your account is not failed. You can resume trading the next day.

Consistency Rule

No consistency rule. You can pass in as few trading days as you like.

Minimum Trading Days

No minimum trading days required.

Maximum Contracts

Subscription

Monthly subscription ($239/month). Your account rebills every 30 days until you pass.

Reset Fee

$219 reset fee to restart your evaluation from the beginning.

Trading Rules

• News trading is permitted. You may hold trades through news events.
• Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
• Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
• Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
• Holding mini and micro contracts at the same time is allowed.
• Copy trading is permitted. You may copy trades between your own accounts.
• Automated trading is not permitted. Manual trading only.
• Trades must be held for at least 120 seconds.

Maximum Drawdown

$3,000 maximum drawdown. End of Day (EOD) Trailing. Your maximum drawdown trails up at the end of each trading day based on your highest end-of-day balance. Intraday fluctuations do not affect the drawdown level. Once your balance reaches $103,000, the drawdown locks at $100,000 and no longer trails.

Daily Loss Limit

Same as evaluation phase.

Maximum Contracts

• At $0 profit: 2 minis / 20 micros
• At $1,500 profit: 3 minis / 30 micros
• At $2,000 profit: 4 minis / 40 micros
• At $3,000 profit: 5 minis / 50 micros
• At $4,500 profit: 6 minis / 60 micros

Consistency Rule

40% Consistency Rule. No single trading day's profit may exceed 40% of your total profit.

Minimum Trading Days

No explicit minimum, but the 40% consistency rule means you'll need at least 3 trading days.

Minimum Profitable Days

5 profitable trading days required. A profitable day requires earning at least $200.

Maximum Accounts

Maximum 5 funded accounts per trader.

Inactivity Rule

Account will be closed after 10 consecutive days without placing a trade.

Activation Fee

No activation fee.

Resets

Up to 2 resets available. Reset fee: $799.

Trading Rules

• News trading is not permitted. Positions must be closed before major news events.
• Positions must be closed before market close on Friday. Failure to close positions may result in an automatic breach.
• Overnight holding is not permitted. All positions must be closed by end of each trading session (typically 5:00 PM ET for futures).
• Hedging is not permitted. You cannot hold opposite positions (long and short) on the same instrument at the same time.
• Holding mini and micro contracts at the same time is allowed.
• Copy trading is permitted. You may copy trades between your own accounts.
• Automated trading is not permitted. Manual trading only.
• Trades must be held for at least 120 seconds.

Profit Split

Progressive profit split based on payout number:

• Payouts 1-2: 70%
• Payouts 3-4: 80%
• Payouts 5+: 90%

Payout Frequency

Payouts available every 5 winning days.

Profit Goal

$200 profit required before requesting a payout.

Payout Eligibility

Before requesting a payout: 5 profitable trading days required. A profitable day requires earning at least $200.

Winning Days Required

5 profitable trading days required for payout eligibility.

Minimum Payout

$200 minimum per payout request.

Maximum Payout

$2,500 maximum per payout.

Processing Time

Payouts are typically processed within Up to 48 hours after approval.

Path to Live

After 5 successful payouts, you qualify for a live funded account. If you payed out $40,000 or more you will automatically be invited to Live program.