Alpha Futures review
Traders who want end-of-day drawdown on every account and no news limits on evaluations. Rules read from Alpha Futures's own pages on 2 November 2026.
Our read of the rules
What stands out
- The max loss limit trails end of day on every account and stops at your starting balance.
- The Daily Loss Guard is soft: you are locked until 6 PM ET.
- Evaluations have no news restrictions.
Watch out for
- All trades must be closed before 4:20 PM ET.
- Qualified accounts have a 2-minute news window around high-impact events; a repeat is a breach.
- MBT and MET count as full minis toward contract limits.
On every Alpha Futures account
- All trades must be closed before 4:20 PM ET; Alpha closes them if you forget.
- Qualified Zero, Standard and Direct accounts: no orders 2 minutes either side of high-impact news. A first slip is a warning; repeats can breach the account. Afterfill checks FOMC, CPI and the jobs report only.
Alpha Futures rules, plan by plan
Zero Evaluation Evaluation · End-of-day trailing drawdown
- Daily loss limit: pauses trading for the day
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 25K | $1,500 | $1,000 | At starting balance | $500 | 1 |
| 50K | $3,000 | $2,000 | At starting balance | $1,000 | 3 |
| 100K | $6,000 | $3,000 | At starting balance | $2,000 | 6 |
Zero Qualified Funded · End-of-day trailing drawdown
- Daily loss limit: pauses trading for the day
- Consistency: best day at most 40% of profit, for payouts
- News: no trades open 2 min either side of FOMC, CPI, NFP
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 25K | — | $1,000 | At starting balance | $500 | 1 |
| 50K | — | $2,000 | At starting balance | By profit tier | 1 to 3 by tier |
| 100K | — | $3,000 | At starting balance | By profit tier | 2 to 6 by tier |
Standard Evaluation Evaluation · End-of-day trailing drawdown
- Daily loss limit: none
- Consistency: best day at most 50% of profit, to pass
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 50K | $3,000 | $2,000 | At starting balance | — | 5 |
| 100K | $6,000 | $3,000 | At starting balance | — | 10 |
| 150K | $9,000 | $4,500 | At starting balance | — | 15 |
Standard Qualified Funded · End-of-day trailing drawdown
- Daily loss limit: pauses trading for the day
- Consistency: best day at most 40% of profit, for payouts
- News: no trades open 2 min either side of FOMC, CPI, NFP
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 50K | — | $2,000 | At starting balance | By profit tier | 2 to 5 by tier |
| 100K | — | $3,000 | At starting balance | By profit tier | 3 to 10 by tier |
| 150K | — | $4,500 | At starting balance | By profit tier | 3 to 15 by tier |
Advanced Evaluation Evaluation · End-of-day trailing drawdown
- Daily loss limit: none
- Consistency: best day at most 40% of profit, to pass
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 50K | $4,000 | $1,750 | At starting balance | — | 5 |
| 100K | $8,000 | $3,500 | At starting balance | — | 10 |
| 150K | $12,000 | $5,250 | At starting balance | — | 15 |
Advanced Qualified Funded · End-of-day trailing drawdown
- Daily loss limit: none
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 50K | — | $1,750 | At starting balance | — | 5 |
| 100K | — | $3,500 | At starting balance | — | 10 |
| 150K | — | $5,250 | At starting balance | — | 15 |
Direct Instant funded · End-of-day trailing drawdown
- Daily loss limit: pauses trading for the day
- Consistency: best day at most 20% of profit, for payouts
- News: no trades open 2 min either side of FOMC, CPI, NFP
| Size | Profit target | Max drawdown | Stops trailing | Daily loss limit | Max contracts |
|---|---|---|---|---|---|
| 25K | — | $1,000 | At starting balance | $500 | 2 |
| 50K | — | $2,000 | At starting balance | $1,000 | 4 |
| 100K | — | $3,000 | At starting balance | $2,000 | 8 |
| 150K | — | $4,500 | At starting balance | $3,000 | 10 |
Sources, read 2 November 2026: help.alpha-futures.com · help.alpha-futures.com (2) · help.alpha-futures.com (3) · help.alpha-futures.com (4) · help.alpha-futures.com (5) · help.alpha-futures.com (6) · help.alpha-futures.com (7) · help.alpha-futures.com (8). A dash means the firm does not set that rule for the plan or we could not confirm it. Contracts are in minis (10 micros = 1 mini). Rules change: check Alpha Futures's site before you buy.
Trade Alpha Futures with these rules tracked
In Afterfill, pick Alpha Futures and your plan on each account. You see your room to the drawdown floor and today's loss limit, a quiet mark on any trade that broke a rule, and the account turns red if a rule ends it. Know what you have spent too, with the free prop firm cost calculator.
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