Alpha Futures review: rules, fees and drawdown

What Alpha Futures offers

Alpha Futures sells paid futures evaluations through Zero, Standard and Advanced, and also lists Direct. Evaluations and Qualified Accounts use simulated funds. Supported platforms are AlphaTrader, TradingView through Plus500 connectivity, WealthCharts, Quantower and DeepChart.

The rule that most shapes trading is the end-of-day trailing Maximum Loss Limit: your loss floor rises with your highest end-of-day balance, then stops at the starting balance. Profits can therefore raise the floor you must stay above.

Challenge options and monthly fees

Zero, Standard and Advanced are one-step evaluations with no evaluation time limit. Subscriptions rebill monthly from signup until you pass, then end automatically. No time limit does not mean no ongoing fee.

Only Zero profit targets are stated in the published official-page details. The firm's pages we read do not state Standard or Advanced targets, or Direct fees and account sizes.

• Zero: as listed in October 2026, 25K costs $89 per month, 50K costs $139 per month and 100K costs $279 per month. Respective profit targets are $1,500, $3,000 and $6,000. You may pass in a single trading day, with no evaluation consistency rule and no activation fee.
• Standard: as listed in October 2026, 50K costs $129 per month, 100K costs $239 per month and 150K costs $349 per month. It requires at least 2 trading days and applies a 50% evaluation consistency rule.
• Advanced: as listed in October 2026, 50K costs $209 per month, 100K costs $349 per month and 150K costs $489 per month. It requires at least 3 trading days and applies a 40% evaluation consistency rule.
• Direct: stated rules include an end-of-day trailing loss floor, a 90% performance split and a 20% consistency rule tied to withdrawal profit targets rather than winning days. Confirm its purchase terms before comparing its cost with an evaluation.

How the loss floor moves

Every plan uses a Maximum Loss Limit based on the highest end-of-day balance. This is a trailing floor: when that balance reaches a new high, the floor moves up. A lower subsequent end-of-day balance does not move it back down. Once the floor reaches your starting balance, it stops trailing.

The floor limits how much you can give back after profitable days. It is not a fixed allowance below your original balance throughout the account's life. Advanced has no Daily Loss Guard, but its Maximum Loss Limit still applies.

The firm's pages we read do not state the loss allowance for each account size, the precise breach trigger, or whether open-position losses count toward that trigger. They also do not state Zero, Standard or Direct Daily Loss Guard terms. Confirm these details before sizing trades; an end-of-day floor calculation does not establish when breaches are monitored.

When you can request a payout

Zero offers a 90% profit split from the start. Standard, Advanced and Direct state a 90% performance split, subject to plan-specific payout limits and eligibility requirements.

Zero, Standard and Advanced Qualified Traders can request performance fees after accumulating five winning trading days of at least $200 each, up to four times per month. These are payout requirements, not evaluation minimum-day requirements. Direct instead uses withdrawal profit targets and a 20% consistency rule.

Standard approved payouts are paid within five business days or less. This is payment timing after approval, not an approval deadline. The firm's pages we read do not state payment timing for other plans, exact payout minimums or caps, Direct withdrawal target amounts, or evaluation-fee refund terms. Zero's no-activation-fee rule is not a fee-refund promise.

News, consistency and copy trading

News trading is unrestricted on evaluations and Advanced Qualified Accounts. On Zero, Standard and Direct Qualified Accounts, no orders may execute within 2 minutes before or after relevant high-impact news events. Existing positions may be held through news under the published policy.

Consistency requirements change after evaluation. Zero moves from no evaluation rule to 40% on Qualified Accounts. Standard moves from 50% to 40%. Advanced moves from 40% to no Qualified Account consistency rule. Direct uses 20%. The firm's pages we read do not state the calculation formula or precise consequence of missing these thresholds; confirm both before planning a withdrawal.

Copy trading is allowed only from your own external account to your Alpha Futures account. The firm's pages we read do not state whether weekend holding or EAs, bots and automated trading are allowed. Platform support alone does not establish permission to automate.

What to confirm before paying

These are paid simulated evaluations, and Alpha Futures Qualified Accounts also use simulated funds. Most traders do not pass challenges, and the fee is usually lost when they fail. Monthly rebilling adds cost while an evaluation remains open.

• Confirm the current monthly fee, cancellation terms and any activation charge for your chosen plan. The listed fees were checked in October 2026.
• Confirm your account's loss allowance, breach trigger, treatment of open losses and any Daily Loss Guard.
• Confirm Standard or Advanced profit targets, or Direct purchase terms and withdrawal profit targets.
• Confirm consistency calculations, payout minimums and caps, approval timing and fee-refund policy.
• Confirm weekend holding, automation permission and which high-impact news events restrict your Qualified Account.