Alpha Futures - Prop Firm Review

Pricing snapshot

What Alpha Futures is

Alpha Futures (alpha-futures.com) is a UK-based futures prop firm and part of the Alpha Group (alongside Alpha Capital Group and ACG Markets). It funds trading in CME-group futures - equity index, currency, metals and crypto futures - and is migrating traders onto its in-house AlphaTrader platform, alongside Quantower and WealthCharts, after ending its NinjaTrader/Tradovate relationship (see the note above). Like most futures-funding firms it’s not regulated, and its evaluation and funded (“Qualified”) accounts are simulated - only the top Alpha Prime program involves real capital. It built a genuinely strong reputation (high Trustpilot volume, large payouts, transparent rules); the July 2026 episode is the first serious dent in that, which is exactly why we flag it up top rather than bury it.

Real trader reviews - Alpha Futures1 real trader review for Alpha Futures

Braulio Rivera Godoy

Securities trader based in Madrid, Spain, who studied at the Pontificia Universidad Catolica del Ecuador. He has traded funded accounts since 2022, starting with MyForexFunds and later passing challenges with Funding Pips in 2024 and Alpha Futures in 2025.

Alpha Futures is my most recent firm, and I passed with them in June 2025. I appreciate their straightforward approach, reasonable drawdown rules, and responsive customer support. If you are looking for a no-nonsense firm with clear expectations, Alpha Futures is a solid choice.

LinkedIn profile

Published 13 August 2026

The feature that defines it: Alpha Prime, a salaried live-capital seat

Almost every futures prop firm ends at a perpetual simulated “funded” account paying a profit split. Alpha Futures is unusual in offering a genuine graduation to real proprietary capital. Once a simulated Qualified account reaches roughly $40,000 in payable balance or five payout cycles, the team reviews your history and can invite you to Alpha Prime: a 60% performance split plus a guaranteed 12-month monthly salary, weekly strategy calls, and physical access to a London trading floor (with a “Generic Live” 80%-split, no-salary alternative). A salaried desk seat with real firm capital is genuinely rare in the retail futures-prop world and is the firm’s signature differentiator - a real career ladder rather than an endless subscription.

Plans, drawdown and payouts

Alpha runs three one-step evaluation families. Zero is the low-cost, activation-fee-free option (25K at $79/mo, 100K at $239/mo). Advanced pays a flat 90% split, has no daily loss limit and no scaling ramp (full contracts from day one) for a stricter drawdown. Direct skips the evaluation for a one-time fee (instant Qualified access). A standout structural detail is the end-of-day (EOD) trailing maximum loss: it’s based on your end-of-day balance high rather than intraday equity, it stops trailing once it reaches your starting balance, and - unusually trader-friendly - it doesn’t move when you take a payout. Payouts (up to four a month) come after accumulating five winning days of $200+, with an industry-leading $15,000 maximum per request on Advanced, processed within about 48 business hours. Consistency rules vary (40% on Zero, 20% on Direct, none on Advanced). US traders are accepted - indeed Alpha Futures was effectively the group’s US-facing futures vehicle.

Who it suits

Alpha Futures suits a US or international futures day trader who wants transparent, trader-friendly rules (the payout-proof drawdown, no daily loss limit on Advanced, a high per-request cap) and is genuinely drawn to the Alpha Prime salaried live-capital path. It suits less well anyone unsettled by the recent NinjaTrader/Premium episode, or who wants forex/CFDs. Given the platform migration is ongoing, confirm which platform and plan you’re buying before you commit.

Frequently Asked Questions

Is Alpha Futures still operating after the NinjaTrader split?

Yes. In July 2026 Alpha Futures and NinjaTrader, which owns Tradovate, ended their partnership in a billing dispute, and Alpha discontinued its Premium plan and closed those accounts. After backlash over how earned Premium payouts were handled, Alpha agreed to honour already-approved payouts and is migrating traders to its in-house AlphaTrader platform. The firm is still operating and its Zero, Direct and Advanced plans remain, but the episode is worth factoring in.

What is Alpha Prime?

Alpha Prime is Alpha Futures’ path to real proprietary capital, which is rare in the futures-prop space. Once a simulated Qualified account reaches roughly 40,000 dollars in payable balance or five payout cycles, the team can invite you to a 60% performance split plus a guaranteed 12-month monthly salary, weekly strategy calls and access to a London trading floor, with an 80%-split no-salary alternative. It is a genuine career ladder rather than a perpetual simulated account.

Is Alpha Futures real or simulated?

Alpha Futures’ evaluation and funded Qualified accounts are simulated, which is normal for futures-funding firms, and its own disclosures state that references to trading and profit are to virtual trading. The exception is the top Alpha Prime program, which involves real proprietary capital. So most of the journey is simulated, with a real-capital endgame for those who qualify.

How does Alpha Futures’ drawdown and payout work?

Alpha uses an end-of-day trailing maximum loss based on your end-of-day balance high rather than intraday equity. It stops trailing once it reaches your starting balance and, unusually, does not move when you take a payout. Payouts, up to four a month, come after five winning days of 200 dollars or more, with an industry-leading 15,000 dollar maximum per request on Advanced, processed within about 48 business hours.

Does Alpha Futures accept US traders, and what are the plans?

Yes, US traders are accepted and were core to the firm’s positioning. Alpha runs three one-step families: Zero, a low-cost activation-fee-free option from 79 dollars a month; Advanced, with a flat 90% split, no daily loss limit and full contracts from day one; and Direct, which skips the evaluation for a one-time fee. Account sizes run from 25,000 to 150,000 dollars.

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