Alpha Futures Prop Firm Summary

Overview:

Alpha Futures is a proprietary trading firm that offers futures traders the opportunity to manage funded accounts up to $450,000 after successfully completing a one-step evaluation process. The firm emphasizes a straightforward evaluation, competitive drawdown rules, and a focus on rewarding profitable traders with up to a 90% profit split. Alpha Futures also provides its own trading platform, AlphaTicks, and fosters a community through features like a professional portfolio tracker and affiliate program.

Key Features:

Funding Opportunity: Offers up to $450,000 in simulated funds after passing a one-step evaluation.
Evaluation Process:
- One-step evaluation to prove trading skills.
- No daily drawdown on evaluation accounts.
- Minimum of 2 trading days required for the evaluation.
- Unlimited resets of the evaluation account are available (starting at $59).
Account Types: Offers both "Standard" and "Advanced" plans for the evaluation, differing in monthly price, profit target, and maximum position size.
Drawdown Rules:
- 4% maximum drawdown across all qualified accounts, tracked from the daily balance (End of Day - EOD).
- No daily loss guard on qualified accounts (a 2% daily loss will lock the account for the day, not result in failure).
Profit Targets: Vary depending on the evaluation plan chosen.
Maximum Position Size: Scalable based on account size, with micro scaling available on their platform (e.g., up to 50 micro contracts on a $50k account).
Profit Split: Offers up to a 90% profit split for qualified traders.
Payouts: Bi-weekly and transparent payouts. A consistency rule applies where one trading day cannot amount to more than 40% of the overall profit before a payout request.
Trading Platform: Offers their proprietary platform, AlphaTicks, with features like auto-loading contracts, one-click trading, and the ability to trade micro contracts with no commissions and potentially lower fees.
Support: Provides 24/7 support time.
Professional Portfolio Tracker: Builds trader resumes with daily performance updates and connects consistent traders with industry leaders.
Affiliate Program: Offers a 15% commission for every completed referral with no limit on the number of referrals.

Comparison Highlights (vs. Other Firms):

Monthly Price: Potentially lower starting price for their 100K account compared to some competitors.
Profit Target: Competitive profit targets.
Maximum Loss: Potentially higher maximum loss tolerance on their 100K account.
Drawdown Type: Trails off the End of Day (EOD) balance, which can be more favorable than trailing off the watermark/equity high.
Daily Loss on Evaluations: None, unlike some firms that impose a daily loss limit.
Consistency Rule: Present, requiring profits to be made consistently over multiple trading days.

Target Audience:

Futures traders of all levels looking for a prop firm with a straightforward evaluation process, competitive drawdown rules, and a high profit split potential. The availability of micro-contract trading makes it accessible for traders with smaller position sizes.

Important Considerations:

The information provided is based on the content of the webpage and may not be exhaustive.
Futures trading involves significant risk, and it's crucial to understand the terms and conditions and risk disclosures before participating.
The "simulated funds" mentioned are for demonstration and evaluation purposes; traders earn a profit split on successful trades within the firm's rules.
Email: info@alpha-futures.com
Address: 10 Lower Thames Street, Billingsgate London, England, EC3R 6AF
Support Hours: Mon – Fri: 8am – 8pm (GMT)
Social Media: Twitter, Youtube, Discord, Instagram (links provided on the website).