Alpha Futures – Prop Firm Review
- Global market access for everyone
- Lightning-fast execution meets exceptional stability
- Top analytics tools for traders
- Expert guides available around clock
- Seamless withdrawals with minimal obstacles
# Alpha Futures Review
Company Overview
Alpha Futures is a proprietary trading firm that offers funded trading accounts to qualified traders worldwide. Established with the mission of empowering traders to access substantial capital without risking their own money, Alpha Futures provides a straightforward two-phase evaluation process to identify skilled traders. The company’s challenge programs are designed to simulate real trading conditions while testing traders’ discipline, risk management, and consistency.
What sets Alpha Futures apart is their competitive fee structure, rapid payouts, and diverse account options that cater to various trading styles and experience levels. They offer both Standard and Professional challenge tracks with clear objectives and realistic profit targets. Once traders successfully pass the evaluation phases, they receive funded accounts with profit splits ranging from 70% to 90%, making it an attractive opportunity for those looking to scale their trading careers without significant personal capital investment.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee ranging from $75 for $10,000 accounts to $675 for $200,000 accounts
- Professional Challenge – Slightly higher one-time fees ranging from $100 for $10,000 accounts to $900 for $200,000 accounts with relaxed trading rules
- Discounts – Periodic promotional offers and discounts available for new customers
- Reset Fees – Lower fees for reset attempts if you fail a challenge
Account Types
- Standard Challenge: For beginners and intermediate traders, with standard profit targets and drawdown rules
- Professional Challenge: For experienced traders, offering more flexibility with trading hours and slightly relaxed rules
- Funded Account: Received after passing both evaluation phases, with real capital and profit-sharing
- Demo Account: Available for practice before committing to a challenge
Profit Split Options
- 70% Trader / 30% Alpha Futures: Base profit split for new funded traders
- 80% Trader / 20% Alpha Futures: Available after consistent performance milestones
- 90% Trader / 10% Alpha Futures: Premium profit split for top-performing traders
- Scaling Program: Increasing profit split percentages based on trading performance and consistency
Account Sizes
- $10,000: Entry-level account with lower challenge fees, ideal for beginners
- $25,000: Mid-size account with balanced risk-reward profile
- $50,000: Popular choice for experienced traders seeking significant capital
- $100,000: Professional-level account for advanced trading strategies
- $200,000: Maximum account size for elite traders with proven track records
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with comprehensive charting tools and indicators
- MetaTrader 5 (MT5): Next-generation platform offering more timeframes and analytical tools
- TradingView: Web-based charting platform with social features and custom indicators
- cTrader: Advanced platform with depth of market visibility and algorithmic trading capabilities
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including S&P 500, NASDAQ, FTSE, DAX, and others
- Commodities: Energy (crude oil, natural gas), metals (gold, silver), and agricultural products
- Cryptocurrencies: Major crypto pairs including Bitcoin, Ethereum, and other popular altcoins
- Stocks: Select US and international equities available for trading
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 10% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial funded account with opportunities for scaling
- Scaling: Account size can be increased by 25% after every 3 months of consistent profitability
- Trading Competitions: Monthly competitions with cash prizes and increased profit splits for top performers
- Free Trial: 7-day demo account available to test trading conditions before purchasing a challenge
- Profit Targets: 8-10% for Challenge Phase and 5% for Verification Phase, depending on account type
- Drawdown Structure:
- Daily: 5% maximum loss allowed in a single trading day
- Maximum: 10-12% overall account drawdown limit from starting balance
- Trailing: Not implemented – drawdown calculated from initial balance, not highest equity point
Trading Rules and Requirements
- No overnight holding of positions during major news events
- Maximum position size of 5% of account equity
- No trading during Non-Farm Payroll (NFP) announcements (5 minutes before and after)
- No hedging or martingale strategies allowed
- Minimum 10 trading days required during each phase
- Max correlation between accounts limited to 80%
- Weekend holding of positions is permitted with proper risk management
Company Information
- Founded: 2020
- Headquarters: London, United Kingdom
- Regulation: Registered financial services provider
- Support Hours: 24/5 customer service
- Languages: English, Spanish, German, French, Arabic
- Contact: support@alpha-futures.com
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Cryptocurrency – Bitcoin, Ethereum, USDT (Same day processing)
- Wise (2-3 business days)
Trading Commissions
- Forex: $5 per standard lot (round turn)
- Indices: $6-$10 per lot depending on the specific index
- Commodities: $7 per lot for metals, $8 for energies
- Cryptocurrencies: 0.1% of trade value
- Stocks: $0.02 per share with $1 minimum
IP Rules
- Maximum of 3 different IP addresses allowed per account
- VPN usage permitted but must be declared beforehand
- Country changes must be notified to customer support in advance
- Shared IPs with other Alpha Futures traders are prohibited
- Mobile trading allowed from different locations
Video Review
Alpha Futures Review
Comprehensive review of Alpha Futures trading services
Unique Features
Trading Resources
- Free educational webinars twice weekly
- Trading strategy library with proven methods
- One-on-one coaching sessions for funded traders
- Market analysis and daily trade ideas
Trader Support
- Dedicated account managers for funded traders
- Trading psychology workshops
- Private Discord community for networking
- Performance analytics dashboard
Why Choose Alpha Futures?
Alpha Futures stands out in the crowded prop firm market with its transparent evaluation process, competitive profit splits, and comprehensive trader support. The company focuses on creating sustainable partnerships with skilled traders rather than simply collecting challenge fees.
Key advantages include:
- No time limits on completing profit targets – trade at your own pace
- Up to 90% profit splits for consistent performers
- Fast verification and account funding process (typically 24-48 hours)
- Bi-weekly profit withdrawals with low minimum thresholds
- Scaling program that can increase account size up to $1,000,000
- Multiple account reset opportunities if challenges are failed
- Responsive 24/5 customer support with experienced traders
Frequently Asked Questions
How long does it take to get funded?
After successfully completing both the Challenge and Verification phases, your funded account is typically set up within 24-48 hours. The entire process can take as little as 2-3 weeks for skilled traders who meet the profit targets quickly, though you have up to 30 days for the Challenge and 60 days for the Verification phase if needed.
Can I hold positions over the weekend?
Yes, Alpha Futures allows weekend position holding on most instruments. However, you should be mindful of potential weekend gaps, especially during major economic events or announcements. The platform calculates drawdown continuously, so any gap-downs will count toward your maximum drawdown limit.
What happens if I break a rule?
Rule violations are handled on a case-by-case basis. Minor violations typically result in warnings, while serious infractions such as using prohibited trading strategies may lead to account termination without refund. Alpha Futures has a three-strike policy for most rules, with clear communication about any violations before taking action.
Can I trade news events?
Yes, trading during most news events is permitted except for high-impact releases like Non-Farm Payroll (NFP) where trading is restricted 5 minutes before and after the announcement. Alpha Futures recommends reducing position sizes during volatile news events to manage risk effectively.
How often can I withdraw profits?
Funded traders can withdraw profits bi-weekly. The minimum withdrawal amount is $100, and the maximum is your available profit minus a small buffer for ongoing trades. Withdrawal requests are processed within 24 hours and paid according to your chosen payment method’s typical processing time.
